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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1348524 times)
wtman
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August 12, 2016, 04:02:53 PM
 #17901

About 6 days of ico left. Will the remaining 2 million get sold?
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WhoCaresCoins
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August 13, 2016, 01:00:24 AM
 #17902

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
 #17903

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
 #17904

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
 #17905

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
 #17906

Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
effectsToCause
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August 14, 2016, 03:56:43 AM
 #17907

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
 #17908

5 Seconds...


That would be insane.
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August 14, 2016, 05:26:33 AM
 #17909

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
 #17910

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
 #17911

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
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August 14, 2016, 11:11:23 AM
 #17912

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.
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August 14, 2016, 12:24:20 PM
 #17913

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
 #17914

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
 #17915

When is the Verium phrase 2 ICO ending?

MAD945
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August 15, 2016, 02:56:43 AM
 #17916

When is the Verium phrase 2 ICO ending?

Click and you shall be enlightened

http://www.vericoin.info/ico.html
Piston Honda
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August 15, 2016, 04:28:38 AM
 #17917

v-whatever you want they're all shit and going NOWHEEEEEEEEEEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRREEEEEEEEEEE

www.dlsag.com ~ 1ex.trade
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August 15, 2016, 05:05:07 AM
 #17918

v-whatever you want they're all shit and going NOWHEEEEEEEEEEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRREEEEEEEEEEE

Hey how's WBB going for ya? Oh yeah nooooooooooooowheeeeeeeeeeeeeeeeerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrreeeeeeeeeeeeeee eeeeee Roll Eyes
Cryptonitex
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August 15, 2016, 07:22:59 AM
 #17919

Vote VeriCoin on top 10 list of AltCoins

https://bitcointalk.org/index.php?topic=1585697.0

Show some VeriCoin support
Wilhelmer
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August 15, 2016, 11:12:53 AM
 #17920

When is the Verium phrase 2 ICO ending?

Click and you shall be enlightened

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

Thanks! Enlightened indeed.  Cheesy

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