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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351002 times)
Cryptonitex
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August 09, 2016, 08:22:09 PM
 #17881

so when i say that ico structure is EPIC FAIL...lol under 10 btc volume ..no one care's to buy..no motive !!!!!!! Vericoin has the best marketing minds lol

Yeah there hasn't been any marketing and look how much has been invested so far without marketing. Vericoin is not here to pump a price but to move its technology forward. Vericoin has been off Bitcointalk for over a year so a majority of people on here don't know anything about Vericoin or Verium.

Price movement will come after the marketing budget starts to be put towards pushing information about how Vericoin and Verium will be a game changer which will be.

The Verium ICO has already raised a over 320+ BTC at the current price which give Vericoin/Verium a budget to develop and market which it has never had before. Look at all the wasted ICO'S which never produced a thing just Bitcoin that disappeared into someone's pocket. The Vericoin developers have proven themselves time and time again to be honest, transparent and hard working developer s who have developed with no budget. Imagine what they can do with an actual budget!


Very well said. It's nice to have a dev team that actually knows something about what their doing. Anyone can push a PR release, not many can do whats happening here.

Building at protocol level instead of fancy gimmicks. Meet the devs https://www.vericoinforums.com/developers/

How much has the ICO raised, and are there any good news coming out soon?

Phase 1 about 2.1 million VRC
Phase 2 so far 932127.21879474 VRC

So about 3 million VRC total, for now. The ico is still running so could be more.

Thats great... We could do 5m  I guess...Lets see Smiley
Lets hope so! Last few days of the ICO will be interesting to watch.
I think that is where most people would buy for the ico.
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Cryptonitex
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August 10, 2016, 03:49:43 AM
 #17882

That's where I plan to buy VRM

What % of your VeriCoin went into the Verium ICO

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August 10, 2016, 04:17:58 AM
 #17883

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.
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August 10, 2016, 08:40:26 AM
 #17884

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.

_@/'
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August 11, 2016, 12:11:35 PM
 #17885

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

7 days left.

_@/'
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August 12, 2016, 04:02:53 PM
 #17886

About 6 days of ico left. Will the remaining 2 million get sold?
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August 13, 2016, 01:00:24 AM
 #17887

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
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August 13, 2016, 01:03:43 AM
 #17888

Less than 1 week to go

Might see FOMO and last minute buyers
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August 13, 2016, 03:59:30 AM
 #17889

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
 #17890

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.
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August 13, 2016, 05:09:37 PM
 #17891

Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
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August 14, 2016, 03:56:43 AM
 #17892

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
 #17893

5 Seconds...


That would be insane.
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August 14, 2016, 05:26:33 AM
 #17894

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? 

            ▄▄████▄▄
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███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
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      ▀▀█████████████████▀▀
           ▀▀███████▀▀



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DARKHOLDER
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August 14, 2016, 08:13:22 AM
 #17895

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
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August 14, 2016, 10:53:19 AM
 #17896

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.
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August 14, 2016, 11:11:23 AM
 #17897

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
 #17898

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
 #17899

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.
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August 15, 2016, 01:15:21 AM
 #17900

When is the Verium phrase 2 ICO ending?
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