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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1349955 times)
mikesrevenge
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July 14, 2014, 07:28:41 PM
 #9121

Rolling back really damages the integrity of the blockchain..

Should have switched to a new coin, and let the exchanges convert 1 for 1

Veri2coin

EDIT: Probably both needed to happen in this case for Vericoin to succeed.  Roll back to before the theft, then freeze markets and exchange for new coin.


And die like Sat2 or Summercoin2?? No thanks

Y'all are already looking death in the eyes... It would have been the best way to retain integrity of the blockchain.  It will be interesting to see if the people defending this coin will hold or dump.  Next few days will tell.

I wish everyone the best of luck involved in this coin!
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buy4crypto
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July 14, 2014, 07:28:49 PM
 #9122

...
VeriCoin saved crypto today, and all this trouble in the end may help grow us further than we could have ever got before.

Saved you say i can agree... you saved exchange which had broken security code...
MtGox died in because lack of knowledge and ignorance when people were reporting them
their security bugs...and fallen next much more secured exchanges were risen...

Poloniex, Bitcurex in had lost only 10% of all BTC...
Hacks on their systems were detected bankruptcy of MtGox strengthen preasure of
security systems of exchanges in end result.... It costed BTC few bilion $ market cap...
Gox moved BTC price from 800+ $ to 400$...

Whole situation give bad image for whole crypto and show how easy is make rollback...


PS: I don't get that shit about only VRC stolen from Mintpal real

If preventing bank theft was as easy as the blockchain, you think a bank that had a vault theft wouldn't use the same logic if they could? Or do you think that they should let everyone that held money in the bank be hurt?

Im just saying, if you had the ability, and the only thing that held you back was upsetting some purists? It would be irresponsible to not act.


The devs have integrity of humanity on there side over integrity of some ideal that has not worked to date.


Bitcoin needs to grow by shifting the way people think about it, until people get out of the current box and create value for the blockchain through innovation and security, bitcoin will be just another toy.

As much of a setback as this was. I got a feeling VRC about to lead efforts in this field to change the cryptos as we know it forever, I just got a feeling, you aren't dealing with some highschool drop outs. These guys have pattents in the real world. Which means 1 thing. They know how to solve problems, and create when nobody else in the entire world has.

When these guys put there mind to something, they will accomplish it. Thats what I trully believe.

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XbladeX
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July 14, 2014, 07:30:54 PM
 #9123

....
And die like Sat2 or Summercoin2?? No thanks
haha bro i was with SUM then SUM2 then ( rebranded to NAV ) and i can tell you that coin is live...
and have even active community and god dev .

https://bittrex.com/Market/Index?MarketName=BTC-NAV

NAV raised from 100 (few months of work ) -> 2000 yesterday day pump.
rebranded coin can live if they have community

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sesko
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July 14, 2014, 07:31:50 PM
 #9124

Hi Everyone, fork is complete with new update today 1.3.3!

Go here to download the new wallet: www.vericoin.info

Backup your wallet.dat first before proceeding, it's location is listed below for your system.

Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 30-60 minutes while it loads at the blockchain data.

Mac:
We recommend deleting everything but wallet.dat from user/library/applicationsupport/vericoin and putting these two files in this directory as well: http://www.vericoin.info/downloads/vericoin.conf http://www.vericoin.info/downloads/bootstrap.dat
You will sit at the splash screen for 30-60 minutes while the whole blockchain loads up.

What is bootstrap? mandatory to run this?
adaseb
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July 14, 2014, 07:33:15 PM
 #9125

Great to hear that it all turned out for the best.

Too bad exchanges in the past couldn't of done the same.

I am also surprised the value held up pretty well.

Seems like a great coin

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buy4crypto
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July 14, 2014, 07:33:45 PM
 #9126

Hi Everyone, fork is complete with new update today 1.3.3!

Go here to download the new wallet: www.vericoin.info

Backup your wallet.dat first before proceeding, it's location is listed below for your system.

Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 30-60 minutes while it loads at the blockchain data.

Mac:
We recommend deleting everything but wallet.dat from user/library/applicationsupport/vericoin and putting these two files in this directory as well: http://www.vericoin.info/downloads/vericoin.conf http://www.vericoin.info/downloads/bootstrap.dat
You will sit at the splash screen for 30-60 minutes while the whole blockchain loads up.

What is bootstrap? mandatory to run this?

believe it helps the speed of your blockchain getting caught up. When you download wallet its an option to use the file or not.

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buy4crypto
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July 14, 2014, 07:36:10 PM
 #9127

Great to hear that it all turned out for the best.

Too bad exchanges in the past couldn't of done the same.

I am also surprised the value held up pretty well.

Seems like a great coin

+1. hopefully the future doesn't have as much theft as we have had in the past in crypto. But the devs in VRC give me faith that someday the consensus will figure out an acceptable way to prevent theft using the blockchain technology. Maybe one day we can make things like mount Gox the exception, not the rule.


It just happens to be the VRC team got thrust into this action this weekend. I will be looking forward in the weeks and months to come as we work to secure and grow our network.

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DogTheHunter
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July 14, 2014, 07:38:51 PM
 #9128

Great to hear that it all turned out for the best.

Too bad exchanges in the past couldn't of done the same.

I am also surprised the value held up pretty well.

Seems like a great coin

The fork has just completed.

Take cover.

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July 14, 2014, 07:39:05 PM
 #9129

27BTC fake sell wall on Bittrex, don´t get caught and panic sell your coins to whales, don´t be stupid

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July 14, 2014, 07:39:35 PM
 #9130

...
VeriCoin saved crypto today, and all this trouble in the end may help grow us further than we could have ever got before.

Saved you say i can agree... you saved exchange which had broken security code...
MtGox died in because lack of knowledge and ignorance when people were reporting them
their security bugs...and fallen next much more secured exchanges were risen...

Poloniex, Bitcurex in had lost only 10% of all BTC...
Hacks on their systems were detected bankruptcy of MtGox strengthen preasure of
security systems of exchanges in end result.... It costed BTC few bilion $ market cap...
Gox moved BTC price from 800+ $ to 400$...

Whole situation give bad image for whole crypto and show how easy is make rollback...


PS: I don't get that shit about only VRC was stolen from Mintpal... where are DRK LTC BTC...
whole story is to suspecious.


Even if its suspicious , of course it is  (comspiracy theory,bla,bla,bla = aliens stole vrc they store it in AREA 51 .....) OK BUT the fact is with 1.45 million EUROS = MINTPAL will go down = you will loose your btc,ltc,drk,zs,BTC ............................. then all other exchanges down (may be they has 50 % of all min in circulation , 40 % of all zs ..... (got my point ? ) = it will be like a pyramid . VRC saved CRYPTO




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Gizfreak
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July 14, 2014, 07:42:21 PM
 #9131

Hi Everyone, fork is complete with new update today 1.3.3!

Go here to download the new wallet: www.vericoin.info

Backup your wallet.dat first before proceeding, it's location is listed below for your system.

Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 30-60 minutes while it loads at the blockchain data.

Mac:
We recommend deleting everything but wallet.dat from user/library/applicationsupport/vericoin and putting these two files in this directory as well: http://www.vericoin.info/downloads/vericoin.conf http://www.vericoin.info/downloads/bootstrap.dat
You will sit at the splash screen for 30-60 minutes while the whole blockchain loads up.
A big thanks for all the devs involved in this unique coincidence and it takes my believe in the expertise of the dev team to a higher plane *thumbs up*
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July 14, 2014, 07:45:49 PM
 #9132

Hi Everyone, fork is complete with new update today 1.3.3!

Go here to download the new wallet: www.vericoin.info

Backup your wallet.dat first before proceeding, it's location is listed below for your system.

Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 30-60 minutes while it loads at the blockchain data.

Mac:
We recommend deleting everything but wallet.dat from user/library/applicationsupport/vericoin and putting these two files in this directory as well: http://www.vericoin.info/downloads/vericoin.conf http://www.vericoin.info/downloads/bootstrap.dat
You will sit at the splash screen for 30-60 minutes while the whole blockchain loads up.
A big thanks for all the devs involved in this unique coincidence and it takes my believe in the expertise of the dev team to a higher plane *thumbs up*

Look to the troll reall
buy4crypto
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July 14, 2014, 07:45:56 PM
 #9133

Hi Everyone, fork is complete with new update today 1.3.3!

Go here to download the new wallet: www.vericoin.info

Backup your wallet.dat first before proceeding, it's location is listed below for your system.

Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 30-60 minutes while it loads at the blockchain data.

Mac:
We recommend deleting everything but wallet.dat from user/library/applicationsupport/vericoin and putting these two files in this directory as well: http://www.vericoin.info/downloads/vericoin.conf http://www.vericoin.info/downloads/bootstrap.dat
You will sit at the splash screen for 30-60 minutes while the whole blockchain loads up.
A big thanks for all the devs involved in this unique coincidence and it takes my believe in the expertise of the dev team to a higher plane *thumbs up*

We even had 1 community step up through one of its core developers to help our devs today work on wallet.

Notice the communities and the way they act. Dogecoin is a great example of what crypto should be, and what vericoin is becoming. They help out others because they are caring community.


The majority of the anon communities have come out against this as you must expect. Anything mainstream is exactly the opposite of what those who wish to hide in the shadows want.

Expect a lot more hate in the upcoming days from certain groups. But remember to, There is a lot of good people and communities out there that we should return the favor to one day.

Dogecoin gets a big thumbs up from me, and they always have!

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July 14, 2014, 07:46:14 PM
 #9134

...
If preventing bank theft was as easy as the blockchain, you think a bank that had a vault theft wouldn't use the same logic if they could? Or do you think that they should let everyone that held money in the bank be hurt?
....

Banks do like that...paypal do that
"in some cases the money can be recalled, but this relies on the customer and the financial business acting quickly".
1st better article how banks are recall money send to wrong adress:
http://www.thinkmoney.co.uk/news-advice/ombudsman-warns-banks-about-money-transfer-mistakes-0-3867-0.htm

Now thief's :
Banks today have much more layer of security and  inside of building you wont find to much money, more money is on bank accounts in electronic version...
Those thefts aren't so easy to execute like in crypto because government require special security audits ext...and multiple security layers...and big transfers are confirmed by manual
In case of theft of your money by hacker you are paying for your fault from own pocket... in my country at least.

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graIn..
.
The Backbone of
Modern Work Agreements.
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DogTheHunter
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July 14, 2014, 07:46:41 PM
 #9135


Gizfreak
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July 14, 2014, 07:48:55 PM
 #9136

7vpo
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July 14, 2014, 07:52:35 PM
 #9137



I  want change my nickname to "NewbieFucker" Ahaha!
tigerwood0432
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July 14, 2014, 07:56:53 PM
 #9138

...
If preventing bank theft was as easy as the blockchain, you think a bank that had a vault theft wouldn't use the same logic if they could? Or do you think that they should let everyone that held money in the bank be hurt?
....

Banks do like that...paypal do that
"in some cases the money can be recalled, but this relies on the customer and the financial business acting quickly".
1st better article how banks are recall money send to wrong adress:
http://www.thinkmoney.co.uk/news-advice/ombudsman-warns-banks-about-money-transfer-mistakes-0-3867-0.htm

Now thief's :
Banks today have much more layer of security and  inside of building you wont find to much money, more money is on bank accounts in electronic version...
Those thefts aren't so easy to execute like in crypto because government require special security audits ext...and multiple security layers...and big transfers are confirmed by manual
In case of theft of your money by hacker you are paying for your fault from own pocket... in my country at least.

+1 , of course they do it . BUT THIS ONE is bigger = imagine if US FEDERAL RESERVE was hacked by 30% of all USD dollar in circulation = 3000 (3 THOUSANDS) BILLION DOLLARS (http://www.federalreserve.gov/faqs/currency_12773.htm) = Dollar will be a monkey currency , you will buy your goods with Bananas, what US government will do in that case ? = think about it


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BitcoinPorn
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July 14, 2014, 07:57:26 PM
 #9139

Hi Everyone, fork is complete with new update today 1.3.3!

Go here to download the new wallet: www.vericoin.info

Backup your wallet.dat first before proceeding, it's location is listed below for your system.

Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 30-60 minutes while it loads at the blockchain data.

Mac:
We recommend deleting everything but wallet.dat from user/library/applicationsupport/vericoin and putting these two files in this directory as well: http://www.vericoin.info/downloads/vericoin.conf http://www.vericoin.info/downloads/bootstrap.dat
You will sit at the splash screen for 30-60 minutes while the whole blockchain loads up.


Thanks for these updates.   Despite having to wade through all the FUD going on, it'll pass, Vericoin will be fine and stronger for this, all the people who have been using the coin just got a lot more faith in you guys imo, including me.

People who don't like what has been done here can continue to not use the coin or they can stay on the old fork with the thief, no one is forcing anyone to upgrade or change anything.

7vpo
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July 14, 2014, 08:02:20 PM
 #9140

For hackers...

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