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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1342112 times)
ebliever
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June 17, 2014, 08:50:54 PM
 #3501

Looking forward to the testing and results. But one qualm - what prevents other alts from easily copying these capabilities?

The VeriSend and VeriBit are not open source. Nobody else has our code.

We will release VeriSend API details but not VeriBit. That way there can be other mixing ringnodes that can be built based upon our framework so there is choice and openness with ANON but VeriBit is our own secret sauce and we won't be making it available for other coins.

Thanks! I can hold a bit easier now.  Smiley

Luke 12:15-21

Ephesians 2:8-9
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bit-coin.pt
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June 17, 2014, 08:53:17 PM
 #3502



here we go again... by the MACD time to go up

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saberu
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June 17, 2014, 08:54:13 PM
 #3503

A bunch of day traders are going to get caught `holding the bag` as they keep shorting these upward movements and once enough short bagholders are caught the price will rocket to 30k in minutes as the day traders cut their loss and buy back to catch the VRC train  Grin

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senn001
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June 17, 2014, 08:54:26 PM
 #3504

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..
It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

Cool... I always end up loosing coins in this buy and sell.. fear is always on my mind.. because I'm always a victim of p&d....

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pnosker
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June 17, 2014, 09:00:27 PM
 #3505

What is the difference between Darksend and Verisend?

also

what is the difference beteween nextcoin FORGING and Vericoin interest?

where does the interest come from? is it transaction fees like forging nextcoin

Darksend uses masternodes and required a hard fork to get right.

VeriSend uses ring nodes (similar in some ways but eternal mixing), anon via exchange, and anon via tx uncoupling as a hybrid super anonymous approach.

NextCoin forging is similar except VeriCoin interest not only awards transaction fees but also Proof of Stake block rewards.


Some stuff is going down on Mintpal...I think the secret is out!

There is no trust in alt coins because of too many scams. That is why in retrospect it would have made more sense to buy CRYPT first and capitalize on its rally before investing in VRC because CRYPT already had its anon function out and working. Though too late now to do so.

There probably is some smart person out there that bought XC early then sold at the peak then bought CRYPT early and sold over 100k then bought VRC. But it is not me, though I did buy XC early I held during the pump and didnt sell till it dropped to 100k. I also bought half my VRC at a really high price during the fontas pump (23k) and the other half at 8k. So I have made some really stupid mistakes but long term still looking good.

If anyone did go XC > CRYPT > VRC they will probably be holding a million VRC right now. And there are three wallets with over a million VRC so there you go  Tongue

You sure about that? CRYPT hasn't had anon. They have a paper with stick figures proposing it. Show me their anon implementation working :-D

How can anyone actually trust your closed source anonymous implementation? Ensuring secrets are kept safe is something that needs extensive details to properly prove.

Disclaimer: I have obvious stakes in another currency

Great question. They don't have to. That's why anyone can implement what we did for any coin without a hard fork and with enough work. We're going to be providing details on our mechanism so they can copy it if they want to. Centralization sucks, but if anyone can do it, it's not so "central" anymore.

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VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
majsta
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June 17, 2014, 09:13:11 PM
 #3506

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..
It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

Cool... I always end up loosing coins in this buy and sell.. fear is always on my mind.. because I'm always a victim of p&d....
Use half of amount you have, check what was the highest and what was the lowest price then according to that place positions at near values and don't look at it every second, just leave it for a night.

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June 17, 2014, 09:13:57 PM
 #3507

It will stuck somewhere 16k...I think somewhere there will be new floor Smiley. However I have no idea why so low
janbrel
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June 17, 2014, 09:19:12 PM
 #3508

It will stuck somewhere 16k...I think somewhere there will be new floor Smiley. However I have no idea why so low

When bitcoin goes down in price all the alts seem to follow.
vual
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June 17, 2014, 09:20:33 PM
 #3509

went to bed at 11.....
had restless night, woke up at 6am....
PRICE WAS LIKE 18!!!!
Pitty i put sell order in at 145 before i went to sleep....
fucken thing filled Sad

*facepalm*
bit-coin.pt
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June 17, 2014, 09:25:04 PM
 #3510

went to bed at 11.....
had restless night, woke up at 6am....
PRICE WAS LIKE 18!!!!
Pitty i put sell order in at 145 before i went to sleep....
fucken thing filled Sad

*facepalm*

You said that would NEVER pass 15 right?... guess you're wrong! .... told you so!  Roll Eyes

Bit-Coin.pt - A divulgar a Bitcoin em Portugal - Ajuda o projecto com donativos para 18brXUnsJEXmmEwuwdf7QfkfwQY341492f
vual
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June 17, 2014, 09:28:36 PM
 #3511

went to bed at 11.....
had restless night, woke up at 6am....
PRICE WAS LIKE 18!!!!
Pitty i put sell order in at 145 before i went to sleep....
fucken thing filled Sad

*facepalm*

You said that would NEVER pass 15 right?... guess you're wrong! .... told you so!  Roll Eyes

I swear the whales seen my comment and pulled there walls lol
HoodRich
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June 17, 2014, 09:44:24 PM
 #3512

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..
It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

Cool... I always end up loosing coins in this buy and sell.. fear is always on my mind.. because I'm always a victim of p&d....

That's because you can not time the market... it is due to group mentality. As soon as you get an impulse to buy or sell based on a "feeling" or perceived "pattern", everyone else does the same thing, BEAUSE THEY GET THE SAME IMPULSES. You can get lucky sometimes, but you will mostly lose. It is both math and human psychology that you are fighting against.. Tongue
pnosker
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June 17, 2014, 10:03:08 PM
 #3513

VeriSend Beta is live: http://www.vericoin.info/verisend.html

Please read the instructions before use.

Report any bugs to me. Thanks!

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
socal
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June 17, 2014, 10:11:42 PM
 #3514

does anyone got an ETA on the NOMP update? I can NOT wait to get some stats and graphs on the multipool
CryptoLTD
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June 17, 2014, 10:17:58 PM
 #3515

I must be lost in space, how do I get coins to a place that can use verisend? The instructions say how to send, but from where?
pnosker
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June 17, 2014, 10:18:12 PM
 #3516

does anyone got an ETA on the NOMP update? I can NOT wait to get some stats and graphs on the multipool

We're switching to Mintypool. It's a complex change as we have our own trading code which we need to migrate. It'll be a while longer.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
pnosker
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June 17, 2014, 10:18:56 PM
 #3517

I must be lost in space, how do I get coins to a place that can use verisend? The instructions say how to send, but from where?

You send to that address using your wallet. Like if you used Bitpay to buy something that you could buy with Bitcoin.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
kewlya
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June 17, 2014, 10:21:11 PM
 #3518

I must be lost in space, how do I get coins to a place that can use verisend? The instructions say how to send, but from where?


just type amount and the adress, press submit and youll get new instructions. very easy!!!
coine_smithe
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June 17, 2014, 10:21:54 PM
 #3519

I must be lost in space, how do I get coins to a place that can use verisend? The instructions say how to send, but from where?

You send to that address using your wallet. Like if you used Bitpay to buy something that you could buy with Bitcoin.

I think I remember you saying 5000 VRC is the limit for now? When I try to send more it gives an uninformative error message "Please Fill in all values before hitting submit.". Instead it should say, "Maximum limit exceeded" or something. Otherwise looks good.
pnosker
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June 17, 2014, 10:22:33 PM
 #3520

I must be lost in space, how do I get coins to a place that can use verisend? The instructions say how to send, but from where?

You send to that address using your wallet. Like if you used Bitpay to buy something that you could buy with Bitcoin.

I think I remember you saying 5000 VRC is the limit for now? When I try to send more it gives an uninformative error message "Please Fill in all values before hitting submit.". Instead it should say, "Maximum limit exceeded" or something. Otherwise looks good.

Thanks for catching that.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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