[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[RW-Stott]

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

You are a complete retard.  VRC's dev team's actions have centralized and compromised the integrity of it's blockchain, period.  How do you not understand this?  What they have chosen to do is in fact a bad thing, not a good thing.

It may be a "lesser of two evils" (though that very is debatable), but it is still evil, nonetheless.

[tigerwood0432]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Let's go over it one more time.

They are DEVELOPERS...not central planners who can print more funny munny when a business/bank/exchange fucks up. It isn't there place to do this but obviously they think so.

They are playing with fire by doing this. As far as I am aware I will never use VRC and will always point to this thread for future interested parties in crypto thinking about using VRC.

People need to know that this type of actions can't take place in an honest environment (i.e. non-double-standard).

BLA BLA BLA BLA , DID BLACKCOIN DEVS ASKED YOU WHEN THEY  FORKED AND BC PRICES COLLAPSES ? , BC WILL TAKE YEARS TO GO UP AGAIN

[buy4crypto]

Why are people blaming Vericoin for this? This is 100% Mintpals fault. What really pisses me off is the Vericoin Devs have to fork to save the coin because clearly Mintpal will not cover the losses. FUCK MINTPAL.

This is what Vericoin relies on...

Developers of VRC to fork the chain when a catastrophic event happens. Pathetic.

Just the opposite, when failures happen due to a third party, they fix it, and don't let thieves steal money.

This is what crypto needs, not pandering to theft.

People like you are a obstacle to your own growth, And you don't even know it.

Only so many computer nerds in the world man, a lot more normal people.

[buy4crypto]

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

You are a complete retard.  VRC's dev team's actions have centralized and compromised the integrity of it's blockchain, period.  How do you not understand this?  

The integrity of the blockchain was preserved by the devs at the request of the community, you will see as we all vote and move to the new chain, The one where a thief is left high and dry, and the community has all its members with 100% funds. Live with it, I don't see why you think theft is going to grow crypto?

And let me be clear I have not 1 fund in MP, but I support the 30% that did, live with it.

[Celani10]

The fork is complete. I would like to say that we did what we thought is right. We saved the $5M+ invested in VeriCoin by folks like you from becoming worth nothing when the hacker either dumped all of his coin or 51% attacked it.

With that said, we will not be doing this again. It is imperative that you keep your coins off exchanges and safe. We did not do this to "bail out" MintPal but to prevent the coin from being destroyed in an instant.

We have created a bootstrap file which everyone must use until the network is stable. It is located at http://vericoin.info/downloads/bootstrap.dat. We also have changed the p2port from 58684 to 58685. Please adjust your settings as necessary.

We are compiling new windows/mac wallets and will post them when they are complete. The exchanges have the updated code (which is also available on our Github: http://github.com/vericoin/master) and are patching their own stuff and going to be fixing their databases.

Let's hope the rest of the process goes smoothly. Thanks for being patient. I hope we never encounter anything like this again. Please, stake your coins locally on your own wallet so we don't risk having 30% of the coin stolen in a single hack.

This is BULLSHIT.

Now future scams and hacks involving VRC don't get the same treatment? Double standard much? Hypocrite?

Now your trust has gone out the window.

Don't buy the coin then.

Stop trying to make FUD you piece of shit

go do something else with your life.

Everyone report him for trying to make FUD.

Dev was fucking great with community and investors


Bitcoin was also hacked and they made a hardfork in 2011.
Why the fuck do you have btc then?

[Shill]

Why are people blaming Vericoin for this? This is 100% Mintpals fault. What really pisses me off is the Vericoin Devs have to fork to save the coin because clearly Mintpal will not cover the losses. FUCK MINTPAL.

This is what Vericoin relies on...

Developers of VRC to fork the chain when a catastrophic event happens. Pathetic.

Only so many computer nerds in the world man, a lot more normal people.

He even used the word "bankster". lol

[smoothie]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

[Celani10]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

it was mintpal fault you fucking retarted

[sdmathis]

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

You are a complete retard.  VRC's dev team's actions have centralized and compromised the integrity of it's blockchain, period.  How do you not understand this?  What they have chosen to do is in fact a bad thing, not a good thing.

It may be a "lesser of two evils" (though that very is debatable), but it is still evil, nonetheless.

It's a done deal. If you don't like it, you're free to sell your VeriCoin if you own any. Now deal with it.

[sdmathis]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

Then invest in another coin.

[tigerwood0432]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

Ok so now , what coin do you want to promote ? what coin do you want us to invest in ?= please go straight to the point and stop your song

[RW-Stott]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

The fact that VRC dev's were so willing to hardfork the coin considering how extremely VAGUE mintpal's statement was... is just ridiculous.

The entire thing smells of scam.

[Celani10]

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

if you don't like it get the fuck out and stop trying to make FUD


Devs did the right decision.

I have VRC and I support it

[smoothie]

Because one guy can rollback coin... this is evidence

You need to learn a little more of the concept of what a hard fork is. If 'one guy' attempted a hard fork and the rest of the coin's community did not accept it, do you know what happens? Nothing. No fork takes place.

We have been told why a fork needs to occur, but it requires the majority to accept it. So, no, it is not 'one guy' performing a hard fork, it is the community.

Decentralised.

Check-and-mate, ignoramus.

I guess you won't be asking for a hard fork should you get hacked or scammed out of VRC in the future? Okay thanks.

Mintpals' problem is not the VRC dev's problem. Obviously VRC devs think they are god in this decision making. Sounds a lot like the Federal Reserve giving failed banks more funny munny to bail them out because they fucked up.

[buy4crypto]

So this is what 2 million dollars worth of FUD looks like 


I am enjoying this you guys, Look at how mad those dudes are that its happening, they are watching 2 million be "STOLE" right back from em!

[InvestorPerson]

BLA BLA BLA BLA , DID BLACKCOIN DEVS ASKED YOU WHEN THEY  FORKED AND BC PRICES COLLAPSES ? , BC WILL TAKE YEARS TO GO UP AGAIN

damn you must be a hardcore optimist. BC won't see 20k for the rest of the year. if it survives that long

Ok so now , what coin do you want to promote ? what coin do you want us to invest in ?= please go straight to the point and stop your song

just rebrand vericoin to paypalcoin

[smoothie]

Simple mp f'd up.  The hot wallet had too many vrc in it.

Claiming the devs should not help the community by bailing out mp is a very questionable statement.

Almost as if you were one of the people on the receiving end of a successful attack?  hmm...


VRC will come out of this a lot stronger and in the spotlight imo.  Complete backfire by the hackers. Pretty funny.

My prediction: VRC and its devs' trust will be tarnished for a very long time.

[buy4crypto]

BLA BLA BLA BLA , DID BLACKCOIN DEVS ASKED YOU WHEN THEY  FORKED AND BC PRICES COLLAPSES ? , BC WILL TAKE YEARS TO GO UP AGAIN

damn you must be a hardcore optimist. BC won't see 20k for the rest of the year. if it survives that long

Ok so now , what coin do you want to promote ? what coin do you want us to invest in ?= please go straight to the point and stop your song

just rebrand vericoin to paypalcoin

Cool, thanks for your opinion, gnite

[prometheianz]

VRC sacrificed to preserve Mintpal profits.. sad.

[nvminer]

Cryptocurrency is created to be not regulated by authorities, such as countries. What happened to Vericoin today goes against this objective, because it is controlled by an exchange site. Suppose someday a country authority send request to the Vericoin development team about some Vericoin is held by some bad guys and the authority request a hard fork to remove those Vericoins, or send those coins to the country authority, based on what happened, I doubt the team will say no.

Question is not whether devs do it or not.
Question is CAN THEY DO IT?
And the answer is obviously YES, for every single cryptocurrency, IF they get backed by the majority of their miners.
So, all the crypto community will have to deal with this reality.
You should all help to get the right spin in terms of PR.

Always, they can do it, as long as they make ppl support their new fork.
The question is, DO THEY DO IT OR NOT? DO THEY GIVE IN TO THE AUTHORITY OR THEY OBEY THEIR INITIAL AIM FOR A CRYPTOCURRENCY: NOT REGULATED BY AUTHORITIES.
(don't want to use caps, but obviously you don't get my insight)

If they are regulated by authorities, what is the difference between it and centralized banks?

p.s. til now, my questions are not answered.