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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1349953 times)
Wreathy
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July 23, 2014, 10:22:30 PM
 #11081

Quote
We are a huge majority in a big vessel.

Your delusional as they come, Their would be 40 investors at most involved in Vericoin left.
Time to revolutionize the world hey.
Are video games real too?
Crypo SUX! Great set of people around with no life.
Anyway Ive had my peace, see you on the next scam to take over the hope of people!


Spot on gringo any thing more valid to bring to the table?.

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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July 23, 2014, 10:38:42 PM
 #11082

Wreathy, youre contributing to the problem by just quoting it. At least change the quote or erase it.

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July 23, 2014, 10:50:14 PM
 #11083

Is anyone around the Bitcoin Center in NYC, that has some time to promote VeriCoin before the party?


Can we organize a giveaway of VeriCoin around the city leading up to the event?  

Perhaps use social media to tell people where to go, or hints about where the free VeriCoin are? We could place some paper wallets with like 100 VRC in them each + instructions on how to download a wallet, ect.

I would contribute to the giveaway if anyone would be willing to do this. The rest of the community can help with small donations, and by using twitter, ect to promote the giveaway. Maybe we get our story picked up, maybe not. Regardless we can educate people about VeriCoin in the Financial hub of the world.


This is a opportunity that we need to use to create brand awareness. A giveaway leading up to a VeriCoin party at Bitcoin Center seems like a logical way for a community that cares to show we are 1 step ahead of the game. That we care just a little more than the next coin, that we will work just a little bit harder than the rest.


I thought you were "done" with VRC since the price fell  Roll Eyes Grin


Look again, I said I was done with this forum, and I am. Sorry I had a great idea that I thought was worth sharing. The reason I am done, and for GOOD now, is responses like what you are doing right now. People have a way of sidestepping progression on this forum and attacking others. It's a great idea I said I would help fund, and the only response is that of a troll. After this response you just affirmed why I should not have even posted something positive like that. Anyone with good ideas is shot down for some reason instead of trying to build it up. A community will never grow with a foundation of assholes like has been posting for the past few days - weeks.

I will hold VeriCoin no matter what until a team comes that can do "mainstream" better. As of right now this is the only game in town so I support it. Though I will not speak again, you are right. I will preserve sanity over messing with the kiddies who want to turn this into a forum full of people who wish to bring others down.



People like you Leckey, make me want to sell out everything I own and move on. You know I am looking for support making a VRC faucet, You HAVE a VRC faucet. I LINK MY WEBSITE TO YOUR FAUCET Yet you will not help me make another one for the community because it would be competition for you. Not only will you not help me, you chose to attack me.

So its better I just not look at this forum, and all the wonderful people who post here.

Ahh I see thank you for the information I will now be removing lekeys faucet from vericoinish.com and work on creating my own this weekend. Then I will give you a copy of the scrypt B4C.
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July 23, 2014, 10:51:03 PM
 #11084

Yes Wreathy, don't you know how this game works yet?
Its all smoke and mirrors, lies and blinkers.
Yawn.......yawn....yawn......

What about how on Bitrex you can buy and sell to yourself and push up Volume so suckers think your coin is popular.

I'm going this time, don't quote me, don't be a smartass, just understand I'm nice enough to tell you the truth.
If you wanna stay uneducated FINE with me!


munch fucking munch!


I prefer dangerous freedom over peaceful slavery!
eiskalt
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July 23, 2014, 10:53:18 PM
 #11085


(...)
But, first things first: VRC is pretending, so far, to be all solutions to all things. Which cannot be. It has to DEFINITE what it is, first and, way more importantly, set the CLEAR path to follow. We cannot pretend the rollback did not happen. If we pretend to remain a purist crypto coin that will allow thieves to get away with robbery and fraud, like every other crypto seems to be, it will be not credible and confusing; if we, on the other hand, state, clearly that yes, we welcome regulation, yes we will do anything possible when circumstances warrant to avoid the investors getting hurt and the thieves left to dry, then we are talking to an audience. And gaining their trust and support. Maybe it isn't the core crypto purists, but it will be, I bet, a much bigger one, much closer to the mainstream. (...)



You make a very good point here, because that is exactly what I thought in the days after the hardfork.
 
When the FUDers arrived here after the hack I defended the decision to fork the blockchain and I felt closer to this community because of it.

But when the DEVs announced, that they cannot do this again, I felt disappointed. Now the FUDers and thieves like BobSuperFlop will continue their troll campaign, without anyone of the community being able to defend the coin as we did right after the hack, because "hey: we cannot do this again"
We now accept the rules of any other crypto - the rules of thieves and scammers.

All the hacks and thefts in bitcoin/crypto are turning mainstream off.
The decision was right and will be right in the future.
I hope and think the community has a similar point of view as I have about making a thief hold an empty bag - and that is all I need to feel alright with my investment in vericoin - price is second here.


EDIT: but please avoid the term bitcoin purist - these people are more like crypto dirt not so pure at all.
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July 23, 2014, 10:56:24 PM
 #11086

So here is my question, and it means everything to people's current investment.

Is their any plans to improve PR and or marketing? Not a "it's coming soon" But a real plan? If this is as good as it gets. I think 23k is a great price to get out and save a couple bucks.

You cannot go mainstream without a plan. Simply saying you to want to be mainstream, and making products with no demand, and very little attempt to create it looks.. well bad. I would be more than happy to do anything I can, but the lack of organization for such efforts is crazy.

Build it (the infrastructure) and they will come (customers, investors)

I've been toying with an idea to help get Vericoin, or any crypto, adopted by the masses or at very least the majority of the wider crypto community. How about some form of incentive for people to actually USE Vericoin?

I'm talking some form of remuneration to retailers to accept vericoin, and possibly even some for buyers too. Also, how about some sort of referral program?

I'm sure these are not original ideas, but I've not seen them implemented in any crypto in a viable way.

If we could incentivize the use and spreading of the vericoin community then we could reall achieve what this coin is designed to do!

How about we brainstorm some ideas for how to make this work? Feel free to criticize too, but constructively would be appreciated.

How about, higher staking interest for retailers that accept vericoin?

How about, higher staking interest and / or one time rewards for getting a new retailer to accept Vericoin?

How about a referral program for getting new users to adopt (and buy) Vericoin and to stake their coins? With accumulative my higher interest for people who refer more users?

Just brainstorming with these ideas, I realize that referrals and the likes can be easily exploited if not implemented carefully, but still something needs to be done to encourage people to adopt Vericoin, move away from other cryptos and start the push to the mainstream.

Thoughts?

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Wreathy
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July 23, 2014, 11:09:58 PM
 #11087

So here is my question, and it means everything to people's current investment.

Is their any plans to improve PR and or marketing? Not a "it's coming soon" But a real plan? If this is as good as it gets. I think 23k is a great price to get out and save a couple bucks.

You cannot go mainstream without a plan. Simply saying you to want to be mainstream, and making products with no demand, and very little attempt to create it looks.. well bad. I would be more than happy to do anything I can, but the lack of organization for such efforts is crazy.

Build it (the infrastructure) and they will come (customers, investors)

I've been toying with an idea to help get Vericoin, or any crypto, adopted by the masses or at very least the majority of the wider crypto community. How about some form of incentive for people to actually USE Vericoin?

I'm talking some form of remuneration to retailers to accept vericoin, and possibly even some for buyers too. Also, how about some sort of referral program?

I'm sure these are not original ideas, but I've not seen them implemented in any crypto in a viable way.

If we could incentivize the use and spreading of the vericoin community then we could reall achieve what this coin is designed to do!

How about we brainstorm some ideas for how to make this work? Feel free to criticize too, but constructively would be appreciated.

How about, higher staking interest for retailers that accept vericoin?

How about, higher staking interest and / or one time rewards for getting a new retailer to accept Vericoin?

How about a referral program for getting new users to adopt (and buy) Vericoin and to stake their coins? With accumulative my higher interest for people who refer more users?

Just brainstorming with these ideas, I realize that referrals and the likes can be easily exploited if not implemented carefully, but still something needs to be done to encourage people to adopt Vericoin, move away from other cryptos and start the push to the mainstream.

Thoughts?


You sound like a VeriLeader:
https://bitcointalk.org/index.php?topic=602041.msg7988162#msg7988162


buy4crypto
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July 23, 2014, 11:12:21 PM
 #11088

So here is my question, and it means everything to people's current investment.

Is their any plans to improve PR and or marketing? Not a "it's coming soon" But a real plan? If this is as good as it gets. I think 23k is a great price to get out and save a couple bucks.

You cannot go mainstream without a plan. Simply saying you to want to be mainstream, and making products with no demand, and very little attempt to create it looks.. well bad. I would be more than happy to do anything I can, but the lack of organization for such efforts is crazy.

Build it (the infrastructure) and they will come (customers, investors)

I've been toying with an idea to help get Vericoin, or any crypto, adopted by the masses or at very least the majority of the wider crypto community. How about some form of incentive for people to actually USE Vericoin?

I'm talking some form of remuneration to retailers to accept vericoin, and possibly even some for buyers too. Also, how about some sort of referral program?

I'm sure these are not original ideas, but I've not seen them implemented in any crypto in a viable way.

If we could incentivize the use and spreading of the vericoin community then we could reall achieve what this coin is designed to do!

How about we brainstorm some ideas for how to make this work? Feel free to criticize too, but constructively would be appreciated.

How about, higher staking interest for retailers that accept vericoin?

How about, higher staking interest and / or one time rewards for getting a new retailer to accept Vericoin?

How about a referral program for getting new users to adopt (and buy) Vericoin and to stake their coins? With accumulative my higher interest for people who refer more users?

Just brainstorming with these ideas, I realize that referrals and the likes can be easily exploited if not implemented carefully, but still something needs to be done to encourage people to adopt Vericoin, move away from other cryptos and start the push to the mainstream.

Thoughts?

I like where you are at giving further incentive to use the network. I was one of the first 1 million paypal accounts created. So I started using paypal from the very start.

What they did was give 1.5% cashback to use the card. What this did was make you pull out your paypal card over your visa, debit, ect. What that did was get attention from every clerk I came up to. Some of the first ones actually had to double check to make sure it was a real card. But you know what? I kept using it everyday, for everything. In my time using the card I know impressions where made and people remembered Paypal.


We need to figure out a way to get VeriCoin as a preferred payment method for merchants. Using technology others are scared to use in our wallets, and creating brand awareness are 2 of the keys to our success.

Make a "POM" code to add in or something "Proof of Merchant" Perhaps small incentives could be given from the network to support this, and that could help with mainstream adoption. As this would give a true incentive to have VeriCoin over X-shitcoin  Maybe we could hash into the algo, a % of coins go directly to the merchant pool accepting VeriCoin. Then use this pool in somehow to promote vericoin.


Or perhaps, every time you make a purchase with vericoin you "hash" a attempt at free vericoin from the network? Ideas from more technically capable people?

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July 23, 2014, 11:24:37 PM
 #11089


Anyways I just bought some VRC right now, because it's at a good price. Don't forget what you read previously about creating the best decentralized anon. Your team has the talent for such a goal, one which is more realistic.




Can't give details on it at this point, but we have a great strategy for completely decentralized, efficient, VeriSend, completely rewritten.

the biggest pull for vericoin i think is Veribit.. make that so easy to use, and people will start adopting vericoin, thats why I'm holding on to it..but for now, can only use so much because of the 1 btc cap and low vericoin price..
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July 23, 2014, 11:27:04 PM
 #11090

When the FUDers arrived here after the hack I defended the decision to fork the blockchain and I felt closer to this community because of it.

But when the DEVs announced, that they cannot do this again, I felt disappointed. [...]
The decision was right and will be right in the future.

I do (somewhat hesitantly) believe that the recent rollback was the right thing to do, but only because the coin is still very immature. I doubt very much that I'd support a rollback in the future, however.

I think the majority of the people are willing to accept that, during its infancy (prior to being widely distributed and used) a coin may encounter a crisis situation that requires drastic measures to resolve; measures that would never even be considered once the coin is more mature. From what I have seen, it's mostly the extreme crypto die-hards (along with a few mindless lemmings) that aren't willing to accept this; unfortunately, these people also happen to be the most vocal.

This MintPal hack/theft has happened just two short months after VeriCoin was created. The coin is not yet widely distributed and there are only a small handful of vendors that accept it directly (non of which had any transactions between the time of the theft and the time of the rollback). The blockchain shows that there were minimal transactions between the time of the theft and the time of the rollback. The rollback simply did not impact many people beyond the annoyance of having to install a new wallet.

Once VeriCoin is more mature, more widely distributed, and directly accepted by numerous vendors, the daily volume will be much higher. Under these conditions, such a rollback would have extremely negative ramifications; it'd be a very bad idea, IMO.

On the other hand, with the wider distribution, it's pretty unlikely that we'd see an accumulation of 8 million coins in a single wallet...

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July 23, 2014, 11:31:20 PM
 #11091

Regarding payout delays for VeriPool:  The Optimized Buying Algorithm saw that the price was sagging and is waiting for the trough to do most of the VeriCoin purchasing.  That is why there is a delay, but you get more coin!

I have a question regarding the mining. Is it better to point all the miners to 1 address including cpu's, gpu's, asics having different difficulties or should I use and different VRC address for each which is what I am doing now ?
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July 23, 2014, 11:36:02 PM
 #11092

I have a question regarding the mining. Is it better to point all the miners to 1 address including cpu's, gpu's, asics having different difficulties or should I use and different VRC address for each which is what I am doing now ?

I would use the same address. There's no benefit to using multiple addresses.

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July 23, 2014, 11:36:18 PM
 #11093

So here is my question, and it means everything to people's current investment.

Is their any plans to improve PR and or marketing? Not a "it's coming soon" But a real plan? If this is as good as it gets. I think 23k is a great price to get out and save a couple bucks.

You cannot go mainstream without a plan. Simply saying you to want to be mainstream, and making products with no demand, and very little attempt to create it looks.. well bad. I would be more than happy to do anything I can, but the lack of organization for such efforts is crazy.

Build it (the infrastructure) and they will come (customers, investors)

I've been toying with an idea to help get Vericoin, or any crypto, adopted by the masses or at very least the majority of the wider crypto community. How about some form of incentive for people to actually USE Vericoin?

I'm talking some form of remuneration to retailers to accept vericoin, and possibly even some for buyers too. Also, how about some sort of referral program?

I'm sure these are not original ideas, but I've not seen them implemented in any crypto in a viable way.

If we could incentivize the use and spreading of the vericoin community then we could reall achieve what this coin is designed to do!

How about we brainstorm some ideas for how to make this work? Feel free to criticize too, but constructively would be appreciated.

How about, higher staking interest for retailers that accept vericoin?

How about, higher staking interest and / or one time rewards for getting a new retailer to accept Vericoin?

How about a referral program for getting new users to adopt (and buy) Vericoin and to stake their coins? With accumulative my higher interest for people who refer more users?

Just brainstorming with these ideas, I realize that referrals and the likes can be easily exploited if not implemented carefully, but still something needs to be done to encourage people to adopt Vericoin, move away from other cryptos and start the push to the mainstream.

Thoughts?

I like where you are at giving further incentive to use the network. I was one of the first 1 million paypal accounts created. So I started using paypal from the very start.

What they did was give 1.5% cashback to use the card. What this did was make you pull out your paypal card over your visa, debit, ect. What that did was get attention from every clerk I came up to. Some of the first ones actually had to double check to make sure it was a real card. But you know what? I kept using it everyday, for everything. In my time using the card I know impressions where made and people remembered Paypal.


We need to figure out a way to get VeriCoin as a preferred payment method for merchants. Using technology others are scared to use in our wallets, and creating brand awareness are 2 of the keys to our success.

Make a "POM" code to add in or something "Proof of Merchant" Perhaps small incentives could be given from the network to support this, and that could help with mainstream adoption. As this would give a true incentive to have VeriCoin over X-shitcoin  Maybe we could hash into the algo, a % of coins go directly to the merchant pool accepting VeriCoin. Then use this pool in somehow to promote vericoin.


Or perhaps, every time you make a purchase with vericoin you "hash" a attempt at free vericoin from the network? Ideas from more technically capable people?

Yes! I love the idea of having at attempt at generating coins every time you pay with a Vericoin! Of course the more you pay the more attempts you get at generating and being rewarded with coin. This would help to overcome the problem of "hoarding" which is inherent in Bitcoin, and could become with Vericoin too due to it's staking incentives. If people were rewarded with a higher likelihood of generating coin every time they use it that would be a great solution!

What about a referral program of sorts? Encourage users to tell their friends to adopt Vericoin and be rewarded? It could be somehow tied in with the payment rewards system, where the referrer would earn a small percentage of any coins that their referees earn from payments? This would help to eliminate fraudulent wallets and referrals that can occur when people try to exploit referral programs.

I like where this is heading. Could we get some thoughts from the developers?

MIDAS COIN: Gold backed crypto! Sign up via my referral link below and you get an extra 1.5% reward! PM me for info =)

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July 23, 2014, 11:38:44 PM
 #11094

It's a big block of text, so I won't quote it, but please don't recommend to the developers that they implement Proof of Transaction from Fluttercoin.


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lootz
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July 23, 2014, 11:38:47 PM
 #11095

I have a question regarding the mining. Is it better to point all the miners to 1 address including cpu's, gpu's, asics having different difficulties or should I use and different VRC address for each which is what I am doing now ?

I would use the same address. There's no benefit to using multiple addresses.

When I get home from work I will try it and see if there is a difference I was thinking since they all had different difficulties 1 may affect the other
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July 23, 2014, 11:43:27 PM
 #11096


Yes! I love the idea of having at attempt at generating coins every time you pay with a Vericoin! Of course the more you pay the more attempts you get at generating and being rewarded with coin.


Despite the fact that I also like the idea, we have to take into account that paying with VRC is the same as transferring from an address to another address. This means that I could set 2 wallets and spend the day transferring coins from one to the other.

It can't be compared to paypal or CC because those paying methods charge a higher fee per transaction.

But the concept of creating an incentive is valid. It's just a matter of finding the right way to accomplish it.
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July 23, 2014, 11:44:43 PM
 #11097

When the FUDers arrived here after the hack I defended the decision to fork the blockchain and I felt closer to this community because of it.

But when the DEVs announced, that they cannot do this again, I felt disappointed. [...]
The decision was right and will be right in the future.

I do (somewhat hesitantly) believe that the recent rollback was the right thing to do, but only because the coin is still very immature. I doubt very much that I'd support a rollback in the future, however.

I think the majority of the people are willing to accept that, during its infancy (prior to being widely distributed and used) a coin may encounter a crisis situation that requires drastic measures to resolve; measures that would never even be considered once the coin is more mature. From what I have seen, it's mostly the extreme crypto die-hards (along with a few mindless lemmings) that aren't willing to accept this; unfortunately, these people also happen to be the most vocal.

This MintPal hack/theft has happened just two short months after VeriCoin was created. The coin is not yet widely distributed and there are only a small handful of vendors that accept it directly (non of which had any transactions between the time of the theft and the time of the rollback). The blockchain shows that there were minimal transactions between the time of the theft and the time of the rollback. The rollback simply did not impact many people beyond the annoyance of having to install a new wallet.

Once VeriCoin is more mature, more widely distributed, and directly accepted by numerous vendors, the daily volume will be much higher. Under these conditions, such a rollback would have extremely negative ramifications; it'd be a very bad idea, IMO.

On the other hand, with the wider distribution, it's pretty unlikely that we'd see an accumulation of 8 million coins in a single wallet...

OK, so the argument against forking the blockchain in the future because of theft are from a technical perspective ?
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July 23, 2014, 11:49:59 PM
 #11098


Yes! I love the idea of having at attempt at generating coins every time you pay with a Vericoin! Of course the more you pay the more attempts you get at generating and being rewarded with coin.


Despite the fact that I also like the idea, we have to take into account that paying with VRC is the same as transferring from an address to another address. This means that I could set 2 wallets and spend the day transferring coins from one to the other.

It can't be compared to paypal or CC because those paying methods charge a higher fee per transaction.

But the concept of creating an incentive is valid. It's just a matter of finding the right way to accomplish it.


To be a merchant partner perhaps we would need some sort of verification / legal framework to set up. This is a thing most cryptos would cringe upon. But, in the world of business, its something that is required for them. So what do we do if we want to go mainstream? We have to cater to business and the framework that surrounds them. If a business needs x amount of security, we need to have it. If a business needs incentives to get them to use it, we need to figure out a way to give them the incentives they require.

I like where this convo is headed. Debate and constructive criticism is very welcome.

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July 23, 2014, 11:52:43 PM
 #11099


Yes! I love the idea of having at attempt at generating coins every time you pay with a Vericoin! Of course the more you pay the more attempts you get at generating and being rewarded with coin.


Despite the fact that I also like the idea, we have to take into account that paying with VRC is the same as transferring from an address to another address. This means that I could set 2 wallets and spend the day transferring coins from one to the other.

It can't be compared to paypal or CC because those paying methods charge a higher fee per transaction.

But the concept of creating an incentive is valid. It's just a matter of finding the right way to accomplish it.

Yes this issue had occurred to me also. I guess the incentive would have to be limited in some way to control for this possible exploit. Perhaps some way of analysing the transfers to determine if they are genuine or not? Ie, not to the same address and back again in similar amounts. Or as part of the merchant reward program, merchants might have to become "registered" and then only when coins are sent to registered merchants can coins be earned? Or perhaps in a similar way that staking only works with mature coins, that only mature coins can earn a chance at generating new coins?

I'm sure that someone with much greater technical knowledge than myself could devise a remards system which is fairly resistant to exploitation.

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July 23, 2014, 11:57:11 PM
 #11100

Check out VRCRadio.com, I've taken over and I am taking questions!!
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