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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351006 times)
Cryptonitex
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June 08, 2016, 07:03:57 AM
 #17061

This could really be big, once the ICO date and details are set and we learn more about what VRM will be, this may just be one of the highlights of Q3 in crypto!
That's what I like to hear Smiley
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June 08, 2016, 09:53:34 AM
 #17062

1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.

1. What percentage of the VRM supply will be available for ICO?

Still determining this based on mining requirements etc.

2. What will the ICO funds be used for?

The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations.  All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of.  There are some post requirements and such for voting though.

3. And what is the incentive for people taking part in the ICO?

The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO.

Thanks for replying. I was wondering since Verium will use a new blockchain and new algo, if it would have been possible to implement high level of anonymity there? It's probably much easier then implementing that on the existing Vericoin blockchain? Then people will have even more incentive mining and buying Verium from ICO. We can use Vericoin as fast paced ecommerce currency while Verium can be used for large anon transactions. I believe it fits your existing concept very well. Please give it some consideration if it is not too late.
Franky2010
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June 08, 2016, 10:47:54 AM
 #17063

Good idea reopen btctalk again after long time. VRC is over 2 years old coin, stable Dev team, community and tech inside. Now Verium coming, VRC will be faster more secure. Price will reflect all this very soon. 7k atm is good for get in and make investment.

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June 08, 2016, 12:17:59 PM
 #17064

1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.

1. What percentage of the VRM supply will be available for ICO?

Still determining this based on mining requirements etc.

2. What will the ICO funds be used for?

The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations.  All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of.  There are some post requirements and such for voting though.

3. And what is the incentive for people taking part in the ICO?

The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO.

Thanks for replying. I was wondering since Verium will use a new blockchain and new algo, if it would have been possible to implement high level of anonymity there? It's probably much easier then implementing that on the existing Vericoin blockchain? Then people will have even more incentive mining and buying Verium from ICO. We can use Vericoin as fast paced ecommerce currency while Verium can be used for large anon transactions. I believe it fits your existing concept very well. Please give it some consideration if it is not too late.

It would be great if you post this on the Vericoin forum.
effectsToCause
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June 08, 2016, 12:45:43 PM
 #17065

1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.

1. What percentage of the VRM supply will be available for ICO?

Still determining this based on mining requirements etc.

2. What will the ICO funds be used for?

The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations.  All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of.  There are some post requirements and such for voting though.

3. And what is the incentive for people taking part in the ICO?

The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO.

Thanks for replying. I was wondering since Verium will use a new blockchain and new algo, if it would have been possible to implement high level of anonymity there? It's probably much easier then implementing that on the existing Vericoin blockchain? Then people will have even more incentive mining and buying Verium from ICO. We can use Vericoin as fast paced ecommerce currency while Verium can be used for large anon transactions. I believe it fits your existing concept very well. Please give it some consideration if it is not too late.

Interesting idea. I have been working on a clean decentralized anonymous technology somewhat similar to a "stealth username" which would combine both anonymity with intuitive username sending. I still have a fair bit of work left do on it but it should work well when complete. It was my intention to add that to the Vericoin blockchain or both Verium and Vericoin. Adding only to Verium is an interesting idea though too. It will not be complete by Verium release because Verium is a new PoW protocol which itself requires quite a bit of coding and testing. After Verium is stable though I will resume work on stealth usernames and decide what makes the most sense for implementation. I also have some other related interesting ideas about what can be done across two separate blockchains that may end up being part of it.
blackfan73
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June 08, 2016, 01:17:02 PM
 #17066

Good idea reopen btctalk again after long time. VRC is over 2 years old coin, stable Dev team, community and tech inside. Now Verium coming, VRC will be faster more secure. Price will reflect all this very soon. 7k atm is good for get in and make investment.
100% agree  Wink
amesterdamer
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June 08, 2016, 02:30:11 PM
 #17067

Nice to see this thread open again Smiley HELLO WORLD

I only have a question... how much time will take to barabbas and/or altcoinUK to come here and spoil the party? The 2 most emblematic trolls at this thread are sure to pop up anytime soon , I wonder what they say this time... Roll Eyes

Besides this, I've started working on the graphics for this ANN - should have something in the weekend Wink

little teaser:
effectsToCause
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June 08, 2016, 02:37:18 PM
 #17068

Nice to see this thread open again Smiley HELLO WORLD

I only have a question... how much time will take to barabbas and/or altcoinUK to come here and spoil the party? The 2 most emblematic trolls at this thread are sure to pop up anytime soon , I wonder what they say this time... Roll Eyes

Besides this, I've started working on the graphics for this ANN - should have something in the weekend Wink

little teaser:


I've been posting on Altcoin's thread and have had some good constructive discussions with him.  I let folks know there this is reopened.
Nice work amesterdamer!!
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June 08, 2016, 03:12:16 PM
 #17069

For the Vrm ico could it only be purchased with vericoin? Assuming like dao where you purchase eth to transfer to dao?
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June 08, 2016, 03:22:30 PM
 #17070

For the Vrm ico could it only be purchased with vericoin? Assuming like dao where you purchase eth to transfer to dao?
Yes only VRC will be accepted for the VRM ICO
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June 08, 2016, 03:41:20 PM
 #17071

For the Vrm ico could it only be purchased with vericoin? Assuming like dao where you purchase eth to transfer to dao?
Yes only VRC will be accepted for the VRM ICO
Translation for dummies: Buy VRC now before others start buying and ruin the cheap prices
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June 08, 2016, 03:58:06 PM
 #17072

Agree here, get some cheap VRC now is good advice. Im looking move about 25% my VRC to Verium, also purchase some more now, till price is under 10k.  Wink

Cryptonitex
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June 08, 2016, 06:54:56 PM
 #17073

Nice to see this thread open again Smiley HELLO WORLD

I only have a question... how much time will take to barabbas and/or altcoinUK to come here and spoil the party? The 2 most emblematic trolls at this thread are sure to pop up anytime soon , I wonder what they say this time... Roll Eyes

Besides this, I've started working on the graphics for this ANN - should have something in the weekend Wink

little teaser:

Yes, thank you for that amesterdamer. Great to have you doing that for VeriCoin.

For the Vrm ico could it only be purchased with vericoin? Assuming like dao where you purchase eth to transfer to dao?
Yes only VRC will be accepted for the VRM ICO
Translation for dummies: Buy VRC now before others start buying and ruin the cheap prices
Yes, pretty much, buy VRC and you'll be making a wise choice.

Agree here, get some cheap VRC now is good advice. Im looking move about 25% my VRC to Verium, also purchase some more now, till price is under 10k.  Wink
That may seem like a fair percentage.
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June 08, 2016, 10:03:23 PM
 #17074

For the Vrm ico could it only be purchased with vericoin? Assuming like dao where you purchase eth to transfer to dao?
Yes only VRC will be accepted for the VRM ICO
Translation for dummies: Buy VRC now before others start buying and ruin the cheap prices
.  Thanks
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June 09, 2016, 01:33:32 AM
 #17075

For the Vrm ico could it only be purchased with vericoin? Assuming like dao where you purchase eth to transfer to dao?
Yes only VRC will be accepted for the VRM ICO


This maybe and still is the best kept secret in Crypto. Smart developers low price future developments
Xosihc
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Hello


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June 09, 2016, 02:19:22 AM
 #17076

Nice to see this thread open again Smiley HELLO WORLD

I only have a question... how much time will take to barabbas and/or altcoinUK to come here and spoil the party? The 2 most emblematic trolls at this thread are sure to pop up anytime soon , I wonder what they say this time... Roll Eyes

Besides this, I've started working on the graphics for this ANN - should have something in the weekend Wink

little teaser:


I was literally going to ask the same question about barabbas... you beat me to it =0

Very happy to see this thread back!! Good things ahead for VRC
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June 09, 2016, 07:26:01 AM
 #17077

Looking Veri Good VRC!

Another long time coin that has outlasted many in crypto and still working hard on developments and bringing new tech to the table.
There are not many good long term coins in Crypto, i could count them on one hand, but Vericoin would be there, as it has stood the test of time.


Say my Name.
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June 09, 2016, 07:30:52 AM
 #17078

Nice to see this thread open again Smiley HELLO WORLD

Besides this, I've started working on the graphics for this ANN - should have something in the weekend Wink

little teaser:

Loving it @amesterdamer  Smiley

_@/'
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June 09, 2016, 07:39:01 AM
 #17079

This image says all   Cheesy

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June 09, 2016, 07:39:43 AM
 #17080

It's been a while but it's good to be back on here!

If you watched the hangout (https://www.youtube.com/watch?v=ma0XXq3IDKk), you'll see we're all really excited about Verium and the ecosystem it will make along with VeriCoin. The symbiotic relationship between the two allows the movement of money via the mining costs to come into VRC through VRM adding a significant source of value all while helping secure the VRC and VRM networks.
Watch this hangout guys! Veri informative.

_@/'
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