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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346477 times)
sesko
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June 06, 2014, 08:27:34 PM
 #1881

Our nodes will be default, but anyone can setup their own nodes!
Preserving decentralization of the technology!


Great. Where we stand with SMS wallet testing?
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DeepCoin
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June 06, 2014, 08:31:34 PM
 #1882

Has anyone got payments from the multipool?
I have been mining for couple of days but no payments yet...

I have same problem.
2 days past but no any payments. Interesting thing pool says 0 shares but my miner works like a champ.


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●  Whitepaper
●  ANN Thread
●  Reddit
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●  Twitter
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CryptoClub
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June 06, 2014, 08:40:14 PM
 #1883

The action that happened last night on mintpal was very similar to other large pre-pump action.  There was a lot of downward pressure to bash the prices lower, get the panic sellers to let go, because larger forces are loading up at cheap prices for the first major PnD.  The last few days have just been the getting onto mintpal cryptsy boom.  There are some who see potential with this coin, and they're going to make it skyrocket before too long.  It's the same action if you take the time to study other charts and orderbooks that DRK and XC have had lately.  Given the traits VRC has, I can't see why it won't be equal to XC within the next week or two.  (Full disclosure, I do on some VRC).  I think a pump is coming, and I think it's going to be huge.  Just my opinion, do your own research.

I hate to burst all your bubbles, but next week there will be a new coin released that is more "innovative" and has a "better story" to go with it. Volumes will switch to that coin for 2 weeks until next amazing coin is released.

Rinse and repeat.

There will always be another coin, true, but this one actually has real potential. Dynamic interest is the first real variation of the POS coins, and the low rate makes it possible to be a long term winner. This has a nice x11 Multipool that higher market cap coins are still trying to implement. It isn't a brand new coin, and yet, the devs are still working on it, which is better than many coins that become "community" coins by default, after getting dumped on the community and abandoned. Basically, the competition isn't that strong at all besides the top coins. Now, personally, I don't care about the anonymous stuff, but this coin will have it and it is being implemented in a way my tech advisors say is plausible. (Not just BS like many "Anon" Coins) Vericoin also has competent devs that are open and running an ongoing Q&A on Reddit. So we were able to check in more detail before investing. This coin also has a serious name and branding that I can actually recommend, and that people don't have to pretend there is an "illusion" of value, as there is some real value here.

PnDing and all the crap will happen to every coin of any potential value, and honestly, it happens to almost every coin Mintpal decides to add, check the charts, and it hasn't really happened for this one yet. That is beside the point though. If these guys keep doing the work this coin could go somewhere and hopefully last. Maybe end up a top ten coin, and certainly lower quality coins have made it farther at least for a time. It has all the right elements in my view, and no, another animal coin or color coin isn't going to make it to the top 10. People are sick of that crap. This is the first serious coin in a while that offers something new for the POS coins.  Subjective of course, but this one looks to be one of the best for the POS coins in my view. Assuming the devs keep doing the work, which appears to be happening.

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June 06, 2014, 08:56:27 PM
 #1884

sorry, what?  Grin

https://twitter.com/VeriCoin/status/475012149010763777/photo/1

this is just coinmixing where the nodes can be configured?

what is the invention? any document, whitepaper?

zzz
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June 06, 2014, 08:59:29 PM
 #1885

Has anyone got payments from the multipool?
I have been mining for couple of days but no payments yet...

Yes... Check your setting...
pnosker
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June 06, 2014, 09:16:55 PM
 #1886

sorry, what?  Grin

https://twitter.com/VeriCoin/status/475012149010763777/photo/1

this is just coinmixing where the nodes can be configured?

what is the invention? any document, whitepaper?

www.pnosker.com/vericoin-anon.pdf

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
pnosker
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June 06, 2014, 09:19:38 PM
 #1887

Has anyone got payments from the multipool?
I have been mining for couple of days but no payments yet...

What's your address, hashrate, and amount of hours mined (roughly)?

VVQTbHj95MReXD423GvYReZYPXrAcmqpwW

hashrate is about 200kh/s

mined hours is uncertain but has to be 20+

Minimum payout is 1.0 VRC. You'll get paid out when you reach that. But 200 kh/s isn't much. Also we can't send until after coin maturity and sell/buying of VRC. Let me know if you don't get anything in another day.

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VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
ajil79
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June 06, 2014, 10:30:32 PM
 #1888

Ive been mining for a couple day too on and off  Sad addy: VL6Ejut8H9sa9fk4Wp4Jdd8CtEJtyZG8dH around 1.7MH
P0PFrag
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June 06, 2014, 10:42:14 PM
 #1889

Will we see an Android/IPhone wallet in days to come?

VRC Address: VBuHkaFhuUzWzhvyaHuyBv2ddDKVpDgwBF
testbug
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June 06, 2014, 11:05:45 PM
 #1890

Will we see an Android/IPhone wallet in days to come?

This would be nice, but maybe not to much stuff at once.
I think its better to go step by step and doing it good on the first run Wink
pnosker
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June 06, 2014, 11:08:00 PM
 #1891

An old acquaintance of mine (he taught me how to hack Starbucks wifi 10 years ago for free internet), Dan Kaminsky, is going to be helping VeriCoin out on our ANON implementation. You may have heard of him before: http://www.businessinsider.com/dan-kaminsky-highlights-flaws-bitcoin-2013-4, http://www.wired.com/2013/05/lets-cut-through-the-bitcoin-hype/, and http://www.slideshare.net/dakami/bitcoin-8776098 for example.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
Rage19420
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June 06, 2014, 11:14:17 PM
 #1892

An old acquaintance of mine (he taught me how to hack Starbucks wifi 10 years ago for free internet), Dan Kaminsky, is going to be helping VeriCoin out on our ANON implementation. You may have heard of him before: http://www.businessinsider.com/dan-kaminsky-highlights-flaws-bitcoin-2013-4, http://www.wired.com/2013/05/lets-cut-through-the-bitcoin-hype/, and http://www.slideshare.net/dakami/bitcoin-8776098 for example.

Seriously?

Wow this is huge!
_theone
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June 06, 2014, 11:15:10 PM
 #1893

any proof? ie let dan twitter that he is helping you.

zzz
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June 06, 2014, 11:50:12 PM
 #1894

you know starbucks wifi has always been free right?

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
coine_smithe
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June 06, 2014, 11:52:25 PM
 #1895

An old acquaintance of mine (he taught me how to hack Starbucks wifi 10 years ago for free internet), Dan Kaminsky, is going to be helping VeriCoin out on our ANON implementation. You may have heard of him before: http://www.businessinsider.com/dan-kaminsky-highlights-flaws-bitcoin-2013-4, http://www.wired.com/2013/05/lets-cut-through-the-bitcoin-hype/, and http://www.slideshare.net/dakami/bitcoin-8776098 for example.

this coin will take over drk at some point  Roll Eyes

It depends on how much of a killer app the anonymity solution is. I think that Darkcoin focuses solely on anonymity as a selling point when there are other coins that do the same thing but (possibly) better such as Zerocash and Cryptonote coins like Monero. It's nice to hear that this coin's solution will not just be "good enough" and may even be on par with solutions like Darkcoin's. Additionally it will take months and possibly years for everyone to really dissect all the solutions and see what works best.

Zerocash has some serious limitations that may prevent mass adoption such as opacity to blockchain analysis (and its not even here yet), and Cryptonote may also have issues scaling up to mass usage due to blockchain bloat and the lack of network effects due to them operating outside the Bitcoin sphere. Monero also suffers from the fact that while its the first solid entry into the Cryptonote coins, there may be other Cryptonote coins that will be released in the coming months and years that are even better. It may be some time before the technology can catch up to the Bitcoin clones, and by then it might be too late if they can bootstrap solutions which are comparable to the privacy that ring signatures provide. When you consider that Vericoin has not only those anonymity features but much more, you can begin to see why this coin is a real threat. There is clearly no perfect "silver bullet" to the anonymity solution, and only time will tell which approach is the best.

At the very least, Vericoin represents a solid competitor in the field of anonymity, and its real strength may lie in the fact that it does not solely focus on anonymity but also offers other features that make it a more well-rounded choice. Darkcoin claims to offer the best anonymity solution, but unlike Vericoin they have so far failed to diversify their feature set as much as Vericoin has and that may prove to be a weakness. Investors in anonymous coins would be wise to hedge a portion into this coin, not only because it will likely experience massive growth in the coming days and weeks, but because it may very well offer a competitive alternative.
pnosker
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June 07, 2014, 12:04:04 AM
 #1896

you know starbucks wifi has always been free right?

It wasn't 10 years ago.

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VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
majeis
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June 07, 2014, 12:08:37 AM
 #1897

you know starbucks wifi has always been free right?

It didn't 10 years ago.

Indeed.

http://www.thewire.com/technology/2010/06/6-ways-free-starbucks-wifi-will-change-your-internet-experience/24081/


Quote
Ubiquitous coffee shop Starbucks will now offer free Wifi in all stores after years of charging customers to access the Internet. The policy change goes into effect on July 1 in 6,700 U.S. Starbucks locations.

And the article was dated 2010, so it's only been free since July 1 2010.


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pnosker
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June 07, 2014, 12:33:46 AM
 #1898

any proof? ie let dan twitter that he is helping you.

http://en.wikipedia.org/wiki/Dan_Kaminsky

https://twitter.com/dakami/status/475069365097095168

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
eugene5150
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June 07, 2014, 12:37:06 AM
 #1899

any proof? ie let dan twitter that he is helping you.

http://en.wikipedia.org/wiki/Dan_Kaminsky

https://twitter.com/dakami/status/475069365097095168
[/quote

Anything that supports your claim??? If not you are a fucking ass hole.
pnosker
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June 07, 2014, 12:39:06 AM
 #1900


Did you even take a look at what I sent?

And https://twitter.com/dakami/status/475069779741401088

Now stop bothering him guys. He has more important stuff to do. Dan is going to take a look at our proposed implementation of ANON. We are going to listen very carefully to his critique and make the appropriate changes that he recommends, if he recommends any. He's not going to be writing any code or debugging anything. He's taking a look at our stuff because he's a freaking awesome guy and we are more than happy to listen because he is the smartest person that exists regarding security.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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