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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1356198 times)
Cryptonitex
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August 10, 2016, 03:49:43 AM
 #17681

That's where I plan to buy VRM

What % of your VeriCoin went into the Verium ICO

WhoCaresCoins
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August 10, 2016, 04:17:58 AM
 #17682

That's where I plan to buy VRM

What % of your VeriCoin went into the Verium ICO



I may have mistake but from my estimate is around 3,053,822 VRC (Phase 1 + Phase 2) sent to VRM ICO then now around 11% from total supply.
Dev or others may confirm exact number later. VRM ICO has 8 days to go I hope more VRC for this ICO.
souljah1h
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August 10, 2016, 08:40:26 AM
 #17683

That's where I plan to buy VRM

What % of your VeriCoin went into the Verium ICO



I may have mistake but from my estimate is around 3,053,822 VRC (Phase 1 + Phase 2) sent to VRM ICO then now around 11% from total supply.
Dev or others may confirm exact number later. VRM ICO has 8 days to go I hope more VRC for this ICO.

https://chainz.cryptoid.info/vrc/address.dws?433550.htm

1,064,765.81504161 VRC

https://chainz.cryptoid.info/vrc/address.dws?423762.htm

1,051,472.28651086 VRC


1,064,765.81504161 VRC + 1,051,472.28651086 VRC + 1,074,378.22557512 (from phase 2 so far) = About 3,190,616.32712759 VRC collected so far.

_@/'
souljah1h
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August 11, 2016, 12:11:35 PM
 #17684

http://www.vericoin.info/ico.html

7 days left.

_@/'
wtman
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August 12, 2016, 04:02:53 PM
 #17685

About 6 days of ico left. Will the remaining 2 million get sold?
WhoCaresCoins
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August 13, 2016, 01:00:24 AM
 #17686

About 6 days of ico left. Will the remaining 2 million get sold?

Nobody know. But I only know that not much people interested in VRM ICO even we have Coindesk PR.
RIP for marketing  Cry
dranster
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August 13, 2016, 01:03:43 AM
 #17687

Less than 1 week to go

Might see FOMO and last minute buyers
Cryptonitex
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August 13, 2016, 03:59:30 AM
 #17688

About 6 days of ico left. Will the remaining 2 million get sold?

Nobody know. But I only know that not much people interested in VRM ICO even we have Coindesk PR.
RIP for marketing  Cry
I think all the people that were interested are going to trade in the beginning and at the end, so with 6 days left, I think they'll be there in the last few hours.
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August 13, 2016, 08:19:25 AM
 #17689

About 6 days of ico left. Will the remaining 2 million get sold?

Nobody know. But I only know that not much people interested in VRM ICO even we have Coindesk PR.
RIP for marketing  Cry
I think all the people that were interested are going to trade in the beginning and at the end, so with 6 days left, I think they'll be there in the last few hours.



Difficult to forecast the last few hours,  but looks unlikely to get close to 3.5m as things stand. A low total would mean that VRM is scarcer at the outset, which might be a better outcome.
Cryptonitex
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August 13, 2016, 05:09:37 PM
 #17690

Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
effectsToCause (OP)
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August 14, 2016, 03:56:43 AM
 #17691

Hey guys we are putting the finishing touches on Verium, it's running great in testing.  Here is the block reward scheme which is dependent on the blocktime.  It is approximately a reward halving per minute decrease in the target blocktime, via this equation:

Reward = 0.375*exp(0.0116*BlockTime)

This way as the security and performance of the blockchain increases, so too does the cost of creation; but only if the computational power increases, not on a fixed schedule.  Thereby securing the value enhancing properties of a scarce commodity that is imbuing value on the ecosystem, while keeping mining relatively profitable in bear markets, or higher mining cost phases.  The minimum blocktime for Verium will be 5 seconds and the maximum will be about 5.5 minutes.



Next I will post the formula for quantifying blocktime.
Cryptonitex
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August 14, 2016, 04:38:11 AM
 #17692

5 Seconds...


That would be insane.
monsanto
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August 14, 2016, 05:26:33 AM
 #17693

Hey guys we are putting the finishing touches on Verium, it's running great in testing.  Here is the block reward scheme which is dependent on the blocktime.  It is approximately a reward halving per minute decrease in the target blocktime, via this equation:

Reward = 0.375*exp(0.0116*BlockTime)

This way as the security and performance of the blockchain increases, so too does the cost of creation; but only if the computational power increases, not on a fixed schedule.  Thereby securing the value enhancing properties of a scarce commodity that is imbuing value on the ecosystem, while keeping mining relatively profitable in bear markets, or higher mining cost phases.  The minimum blocktime for Verium will be 5 seconds and the maximum will be about 5.5 minutes.



Next I will post the formula for quantifying blocktime.

That's a really interesting way to determine block rewards.  Are there any other coins that have tried variable rewards tied to block times or is this a first? 
DARKHOLDER
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August 14, 2016, 08:13:22 AM
 #17694

Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
So what actually happen after 4 days- is that vericoin changed name to verium? Or I misunderstood something..? Huh
effectsToCause (OP)
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August 14, 2016, 10:53:19 AM
Last edit: August 14, 2016, 11:11:55 AM by effectsToCause
 #17695

Hey guys we are putting the finishing touches on Verium, it's running great in testing.  Here is the block reward scheme which is dependent on the blocktime.  It is approximately a reward halving per minute decrease in the target blocktime, via this equation:

Reward = 0.375*exp(0.0116*BlockTime)

This way as the security and performance of the blockchain increases, so too does the cost of creation; but only if the computational power increases, not on a fixed schedule.  Thereby securing the value enhancing properties of a scarce commodity that is imbuing value on the ecosystem, while keeping mining relatively profitable in bear markets, or higher mining cost phases.  The minimum blocktime for Verium will be 5 seconds and the maximum will be about 5.5 minutes.



Next I will post the formula for quantifying blocktime.

That's a really interesting way to determine block rewards.  Are there any other coins that have tried variable rewards tied to block times or is this a first?  

Thanks, it is very interesting.  Yeah this is a first.
effectsToCause (OP)
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August 14, 2016, 11:11:23 AM
 #17696

Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
So what actually happen after 4 days- is that vericoin changed name to verium? Or I misunderstood something..? Huh

No their consensus will be paired and run side by side, checkout first page.
DARKHOLDER
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August 14, 2016, 12:24:20 PM
 #17697

Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
So what actually happen after 4 days- is that vericoin changed name to verium? Or I misunderstood something..? Huh

No their consensus will be paired and run side by side, checkout first page.
Ok, thanks! Wink
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August 14, 2016, 08:37:03 PM
 #17698

Volume picking up again and driving more Vericoin into the ICO. Looks like we will have an interesting final days to the end of the Verium ICO.
Wilhelmer
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August 15, 2016, 01:15:21 AM
 #17699

When is the Verium phrase 2 ICO ending?
MAD945
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August 15, 2016, 02:56:43 AM
 #17700

When is the Verium phrase 2 ICO ending?

Click and you shall be enlightened

http://www.vericoin.info/ico.html
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