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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346489 times)
R-J-F
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May 10, 2017, 03:42:35 PM
 #18981

How come the interest rate is between 2 and 10 percent? It is quite a large gap

The interest is based on how many active stakers there are, more stakers less interest. It has never been higher then 6% and as low as 2-3%, if there was only one person staking then it might go to 10% but I don't see that ever happening as we continue to add stakers and network continues to grow.

Current inflation rate 2.31
Current interest rate 3.72


I'm thinking of increasing my position in Vericoin and I know you are fairly close to the team. Any convincing words you could offer?

"If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done." Peter Ustinov
         -----------------------------------------------------------------------------------------------------------------
"If A=success, follow the formula: A=X+Y+Z, where X=work, Y=play, and Z=keep your mouth shut." Albert Einstein 1947
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May 10, 2017, 03:57:48 PM
 #18982

Hi guys,

I'm trying to sync my wallet for a couple of months already but it seems to get stuck in the middle of the process. I have tried to find out if there is a new wallet version but I do have it up to date... I don't know what is happening. Can you guys help me with this?

   
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FACEBOOK  )   (  TWITTER  )
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INSTAGRAM  )  (  LINKEDIN  )
R-J-F
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May 10, 2017, 04:11:32 PM
 #18983

Hi guys,

I'm trying to sync my wallet for a couple of months already but it seems to get stuck in the middle of the process. I have tried to find out if there is a new wallet version but I do have it up to date... I don't know what is happening. Can you guys help me with this?


Current wallet is 1.6.5.5  All wallets can be found here: http://www.vericoin.info/ Click on "Downloads"

"If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done." Peter Ustinov
         -----------------------------------------------------------------------------------------------------------------
"If A=success, follow the formula: A=X+Y+Z, where X=work, Y=play, and Z=keep your mouth shut." Albert Einstein 1947
MAD945
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May 10, 2017, 04:30:07 PM
 #18984

How come the interest rate is between 2 and 10 percent? It is quite a large gap

The interest is based on how many active stakers there are, more stakers less interest. It has never been higher then 6% and as low as 2-3%, if there was only one person staking then it might go to 10% but I don't see that ever happening as we continue to add stakers and network continues to grow.

Current inflation rate 2.31
Current interest rate 3.72


I'm thinking of increasing my position in Vericoin and I know you are fairly close to the team. Any convincing words you could offer?


Well I can't give you investment advice and you should only invest what you can afford.

There are a lot of things happening that are not being talked about publicly but all positive and exciting things.

Stay tuned Cool
MAD945
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May 10, 2017, 04:33:47 PM
 #18985

Hi guys,

I'm trying to sync my wallet for a couple of months already but it seems to get stuck in the middle of the process. I have tried to find out if there is a new wallet version but I do have it up to date... I don't know what is happening. Can you guys help me with this?


Come join us in our slack chat and we can give you live tech support

https://vericoinandveriuminvite.herokuapp.com/
Tarz
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May 10, 2017, 05:08:37 PM
 #18986

How come the interest rate is between 2 and 10 percent? It is quite a large gap

The interest is based on how many active stakers there are, more stakers less interest. It has never been higher then 6% and as low as 2-3%, if there was only one person staking then it might go to 10% but I don't see that ever happening as we continue to add stakers and network continues to grow.

Current inflation rate 2.31
Current interest rate 3.72


I'm thinking of increasing my position in Vericoin and I know you are fairly close to the team. Any convincing words you could offer?


He is one of them and is apparently their slack manager. I'm thinking exciting things he was talking about are in large part related to a new bulldozer algo that will soon be adopted by VRC network but that is a subjective assumption. To know more about what is going on you need to get under the hood and inspect all the parts of the mechanism, to define for yourself if it still functions.
R-J-F
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May 10, 2017, 06:37:04 PM
 #18987

How come the interest rate is between 2 and 10 percent? It is quite a large gap

The interest is based on how many active stakers there are, more stakers less interest. It has never been higher then 6% and as low as 2-3%, if there was only one person staking then it might go to 10% but I don't see that ever happening as we continue to add stakers and network continues to grow.

Current inflation rate 2.31
Current interest rate 3.72


I'm thinking of increasing my position in Vericoin and I know you are fairly close to the team. Any convincing words you could offer?


Well I can't give you investment advice and you should only invest what you can afford.

There are a lot of things happening that are not being talked about publicly but all positive and exciting things.

Stay tuned Cool

That's good enough for me, just what I was hoping to hear, thanks...

"If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done." Peter Ustinov
         -----------------------------------------------------------------------------------------------------------------
"If A=success, follow the formula: A=X+Y+Z, where X=work, Y=play, and Z=keep your mouth shut." Albert Einstein 1947
R-J-F
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May 10, 2017, 06:41:54 PM
 #18988

How come the interest rate is between 2 and 10 percent? It is quite a large gap

The interest is based on how many active stakers there are, more stakers less interest. It has never been higher then 6% and as low as 2-3%, if there was only one person staking then it might go to 10% but I don't see that ever happening as we continue to add stakers and network continues to grow.

Current inflation rate 2.31
Current interest rate 3.72


I'm thinking of increasing my position in Vericoin and I know you are fairly close to the team. Any convincing words you could offer?


He is one of them and is apparently their slack manager. I'm thinking exciting things he was talking about are in large part related to a new bulldozer algo that will soon be adopted by VRC network but that is a subjective assumption. To know more about what is going on you need to get under the hood and inspect all the parts of the mechanism, to define for yourself if it still functions.

Yea, I've been invested since the roll out, just wanted to add to my position but I was "on the fence" about doing that until now...

"If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done." Peter Ustinov
         -----------------------------------------------------------------------------------------------------------------
"If A=success, follow the formula: A=X+Y+Z, where X=work, Y=play, and Z=keep your mouth shut." Albert Einstein 1947
monsanto
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May 10, 2017, 10:29:12 PM
 #18989

They should make VERI an acronym for something related to it's mission.

Virtual Express and Reserve Index (or Indexes/Indexer/some other "I" word)

Express = vericoin

Reserve = verium

or..

Virtual Engineered Reserve Independence
I like the Reserve Index. Especially Reserve, cuz, it is a reserve.

Ohs i got mores  Wink


Very Easy Reserve Index


Very Easy Reserve Interface


Virtual Encrypted Reserve Index


R-J-F
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May 11, 2017, 12:49:35 PM
 #18990

They should make VERI an acronym for something related to it's mission.

Virtual Express and Reserve Index (or Indexes/Indexer/some other "I" word)

Express = vericoin

Reserve = verium

or..

Virtual Engineered Reserve Independence
I like the Reserve Index. Especially Reserve, cuz, it is a reserve.

Ohs i got mores  Wink


Very Easy Reserve Index


Very Easy Reserve Interface


Virtual Encrypted Reserve Index




Personally, I kinda like the last one...

"If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done." Peter Ustinov
         -----------------------------------------------------------------------------------------------------------------
"If A=success, follow the formula: A=X+Y+Z, where X=work, Y=play, and Z=keep your mouth shut." Albert Einstein 1947
LBX
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May 12, 2017, 01:44:26 AM
 #18991

New Updated VeriCoin wallet - Coming Soon! Shocked Grin

-10X Less CPU Usage
-Doubled Syncing Time
-Reduced RAM Usage

One step closer to the Gemini wallet Cool

Retweet, Share and Like

nice bro Wink

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LBX
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May 12, 2017, 01:47:57 AM
 #18992

VERI-Foundation
Today the VERI-Foundation was founded, we are accepting member applications. Bounties and prizes will be given to completed community run initiatives.

Come Join!


Please Retweet, Share and Like


I have joined
What are the prizes?
I have not received anything (job ,prizes , etc.)

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SMART CONTRACT MARKETPLACE
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TWITTER          LINKEDIN          SLACK
▬▬▬▬▬    FACEBOOK          TELEGRAM    ▬▬▬▬▬
..DEVELOP  ●  DISTRIBUTE  ●  DEPLOY..
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monsanto
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..like bright metal on a sullen ground.


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May 12, 2017, 01:54:20 PM
 #18993

They should make VERI an acronym for something related to it's mission.

Virtual Express and Reserve Index (or Indexes/Indexer/some other "I" word)

Express = vericoin

Reserve = verium

or..

Virtual Engineered Reserve Independence
I like the Reserve Index. Especially Reserve, cuz, it is a reserve.

Ohs i got mores  Wink


Very Easy Reserve Index


Very Easy Reserve Interface


Virtual Encrypted Reserve Index




Personally, I kinda like the last one...


Thanks, I like index but I'm not sure it conveys value. Recently my research has revealed words that exists that may work better (I promise, last ones  Cheesy)...

Virtual Encrypted Reserve Interbank

or

Virtual Encrypted Reserve Intrabank

I'm kind of using it as a noun here when I guess they are adjectives.  Anyway now that I think about it, it should really be both:

Virtual Encrypted Reserve Inter/Intrabank


because that is what is unique about the vericoin system. Most coins are really only interbanks, while vericoin + verium is an interbank but also becomes your very own intrabank system.

of course there's also Interchange, Internodes.. okay I'll stop  Grin

domoy77
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May 12, 2017, 02:20:57 PM
 #18994

Last Price
0.00010532
24hr Change
40.20%
24hr High
0.00012599
24hr Low
0.00007164

to the moon


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MAD945
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May 12, 2017, 04:34:16 PM
 #18995

How many confirmations does Vericoin require? This is outrageous. I used to send VRC in about 5 minutes from place to place. Today, I purchased some VRC on Bittrex and tried to deposit into Poloniex, and Poloniex says its requiring 250 confirmations. Now at 1.5 hours and still waiting. What the hell is wrong with that exchange?

Luckily I have screen shots.


VeriCoin is 10 confirmations, unfortunately we do not have control over how fast exchanges receive VRC.

Just sent VRC to our tipbot in slack and took less then 30 sec Cool
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May 12, 2017, 04:37:47 PM
 #18996

VERI-Foundation
Today the VERI-Foundation was founded, we are accepting member applications. Bounties and prizes will be given to completed community run initiatives.

Come Join!


Please Retweet, Share and Like


I have joined
What are the prizes?
I have not received anything (job ,prizes , etc.)

Hi LBX, just sent you an email Grin
LBX
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May 13, 2017, 12:38:33 AM
 #18997

VERI-Foundation
Today the VERI-Foundation was founded, we are accepting member applications. Bounties and prizes will be given to completed community run initiatives.

Come Join!


Please Retweet, Share and Like


I have joined
What are the prizes?
I have not received anything (job ,prizes , etc.)

Hi LBX, just sent you an email Grin

I have registered twice for confirmation Cheesy Same email address
and I sent you a message  ;)PM

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Dogeshop_eu
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Activity: 117


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May 13, 2017, 02:38:42 PM
 #18998

Where to find Android Wallet? Or Android Mining wallet ?
operabit
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Activity: 896



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May 13, 2017, 03:22:23 PM
 #18999

Last Price
0.00010532
24hr Change
40.20%
24hr High
0.00012599
24hr Low
0.00007164

to the moon

I wait at 50k and I will sell it all.

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50
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$1,5 M
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R-J-F
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AKA RJF - Member since '13


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May 14, 2017, 03:02:34 AM
 #19000

They should make VERI an acronym for something related to it's mission.

Virtual Express and Reserve Index (or Indexes/Indexer/some other "I" word)

Express = vericoin

Reserve = verium

or..

Virtual Engineered Reserve Independence
I like the Reserve Index. Especially Reserve, cuz, it is a reserve.

Ohs i got mores  Wink


Very Easy Reserve Index


Very Easy Reserve Interface


Virtual Encrypted Reserve Index




Personally, I kinda like the last one...


Thanks, I like index but I'm not sure it conveys value. Recently my research has revealed words that exists that may work better (I promise, last ones  Cheesy)...

Virtual Encrypted Reserve Interbank

or

Virtual Encrypted Reserve Intrabank

I'm kind of using it as a noun here when I guess they are adjectives.  Anyway now that I think about it, it should really be both:

Virtual Encrypted Reserve Inter/Intrabank


because that is what is unique about the vericoin system. Most coins are really only interbanks, while vericoin + verium is an interbank but also becomes your very own intrabank system.

of course there's also Interchange, Internodes.. okay I'll stop  Grin


This would be a great subject for a community contest. Everyone submits, everyone votes, winner gets some Vericoin. What do ya think?

"If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done." Peter Ustinov
         -----------------------------------------------------------------------------------------------------------------
"If A=success, follow the formula: A=X+Y+Z, where X=work, Y=play, and Z=keep your mouth shut." Albert Einstein 1947
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