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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351005 times)
neurorit
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July 15, 2014, 01:27:01 PM
 #9701

I wish I could understand this view point because that's the most suspect thing about VeriCoin, "decentralization". Even if you ignore the rollback everything about VRC seems centralized.

Every Veri feature is centralized requiring you to trust the developers to use which means that there's a central point of failure. Even the VRC network that's secured by PoS isn't very decentralized considering 30% of the total supply was in one wallet. You know how insecure that makes a network. That's way worse than Ghash.Io having more than 50% of bitcoin's hashrate.

What's really weird and I personally find suspect is the overuse/misuse of the word decentralization by the VRC devs. It's like they're overcompensating because they know what their doing, the shortcuts they took, is anything but decentralized.

I would have no problem with their approach to what they're trying to offer if they didn't do it under the guise of a decentralized currency. They should be incorporated and ran as a business like Paypal or Coinbase. But as long they continue to pretend to be something they're not I'm going to consider this entire project a scam. And everyone defending it while ignoring the fact that their closed source, centralized services are not trustless and have central points of failure is only doing so out of their own greed or fear of losing money.

There's a reason why services employed in the manner this team chose to employ should be done so as a business and be insured.

By the way, I have no affiliation with BC. I have no desire to own any PoS coin as it's obviously a flawed approach , not a good way to secure a network, which actually is something most of the VRC supporters are completely ignoring but it has been highlighted by this ordeal with Mintpal. VRC's network is not trustworthy to store value on. Simple as that. It's a vulnerable network that after this ordeal, pissing off long time crypto enthusiast with this rollback bs, I'd be very weary of some people intentionally harming vrc's network. Which would in my opinion be the free market reaction to devs overstepping their boundaries.

No wonder so many BC people come here to act like Assholes.

They can't do it on there own thread because they CENSOR there own community. (wonder why)

I love the fact BC people come here claiming centralized this, centralized that. THERE OWN FORUM IS CENTRALIZED. Idiots.


I rather this forum be moderated like the other ones. Too much arguing in this thread.



Everyone has a right to free speach. And intelligent people can decide why they say what they do.

The whole champion of the decentralized thing is a gimmick for BC. I don't even think half the people know what it means. There forum sure isn't promoting decentralization. It centers all the power in a few moderators hands with WHO KNOWS what agenda. All the pump in the world won't get that shit currency moving again.
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July 15, 2014, 01:37:06 PM
 #9702


Simple as that. It's a vulnerable network that after this ordeal, pissing off long time crypto enthusiast with this rollback bs, I'd be very weary of some people intentionally harming vrc's network. Which would in my opinion be the free market reaction to devs overstepping their boundaries.


Yes, we can see how far has vericoin separated itself from the "crypto enthusiast" and how close its coming to the public in general.
blacky90
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July 15, 2014, 01:37:16 PM
 #9703

Lol this coin is a joke Cheesy

"The paypal of crypto"
Gambiman
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July 15, 2014, 01:40:54 PM
 #9704

This is the second time I downloaded and installed v1.3.3, Itdoes not sync and shows up as v1.3.2.0-g32a928e in the About Vericoin tab.
Both times I deleted the entire contents of Vericoin appdata except .dat file. Am I doing something wrong or do I need to add to Console?

Same thing here (v1.3.2.0-g32a928e) and not syncing

Trade markets with Bitcoins ! Including Forex, Commodities and Stocks SimpleFX
Transfer Money accross borders with so little fee that it is silly !
neurorit
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July 15, 2014, 01:41:46 PM
 #9705

If the public in general wanted the functionality of vrc don't you think they'd just use paypal?

Paypal is established and trusted whereas these devs are just some guys in whoknowswhatcountry. Yeah the general public is really going to trust that.

You don't get what crypto offers. IF you take a decentralized currency and try to dress it up with a bunch of closed source centralized services it defeats the purpose. So again why wouldn't they just use Paypal instead of the paypal of the alts?


Simple as that. It's a vulnerable network that after this ordeal, pissing off long time crypto enthusiast with this rollback bs, I'd be very weary of some people intentionally harming vrc's network. Which would in my opinion be the free market reaction to devs overstepping their boundaries.


Yes, we can see how far has vericoin separated itself from the "crypto enthusiast" and how close its coming to the public in general.
Reavon
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July 15, 2014, 01:43:31 PM
 #9706

This is the second time I downloaded and installed v1.3.3, Itdoes not sync and shows up as v1.3.2.0-g32a928e in the About Vericoin tab.
Both times I deleted the entire contents of Vericoin appdata except .dat file. Am I doing something wrong or do I need to add to Console?

Same thing here (v1.3.2.0-g32a928e) and not syncing

You need to uninstall the Wallet AND delet from appdata/roaming/Vericoin folder .

Secure your wallet.dat!!!
buy4crypto
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July 15, 2014, 01:44:00 PM
 #9707

If the public in general wanted the functionality of vrc don't you think they'd just use paypal?

Paypal is established and trusted whereas these devs are just some guys in whoknowswhatcountry. Yeah the general public is really going to trust that.

You don't get what crypto offers. IF you take a decentralized currency and try to dress it up with a bunch of closed source centralized services it defeats the purpose. So again why wouldn't they just use Paypal instead of the paypal of the alts?


Simple as that. It's a vulnerable network that after this ordeal, pissing off long time crypto enthusiast with this rollback bs, I'd be very weary of some people intentionally harming vrc's network. Which would in my opinion be the free market reaction to devs overstepping their boundaries.


Yes, we can see how far has vericoin separated itself from the "crypto enthusiast" and how close its coming to the public in general.

I don't condone any names because we are vericoin.

But paypal requires a bank account no? Perhaps that is why

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████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
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neurorit
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July 15, 2014, 01:45:36 PM
 #9708

Actually Veri is rolling out a wallet that you can load directly with fiat (cough centralized service cough). Sounds just like paypal if you ask me.

If the public in general wanted the functionality of vrc don't you think they'd just use paypal?

Paypal is established and trusted whereas these devs are just some guys in whoknowswhatcountry. Yeah the general public is really going to trust that.

You don't get what crypto offers. IF you take a decentralized currency and try to dress it up with a bunch of closed source centralized services it defeats the purpose. So again why wouldn't they just use Paypal instead of the paypal of the alts?


Simple as that. It's a vulnerable network that after this ordeal, pissing off long time crypto enthusiast with this rollback bs, I'd be very weary of some people intentionally harming vrc's network. Which would in my opinion be the free market reaction to devs overstepping their boundaries.


Yes, we can see how far has vericoin separated itself from the "crypto enthusiast" and how close its coming to the public in general.

I don't condone any names because we are vericoin.

But paypal requires a bank account no? Perhaps that is why
Shinraven
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July 15, 2014, 01:45:51 PM
 #9709

Lol this coin is a joke Cheesy

"The paypal of crypto"

Your post history says it all.  Wink

Never argue with stupid people, they will drag you down to their level and then beat you with experience.

On that note, you sir earned the honor of being on my ignore list. next !
Alns
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July 15, 2014, 01:47:10 PM
 #9710

Staking like a champ, stable prices, sorry Fudders, but we are here to stay.

pb2014
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July 15, 2014, 01:47:19 PM
 #9711

Why are the fudsters still even here? This coin is already dead in their eyes so why continue to bash the coin? Oh that's right because they want the price to drop so they can buy in low...
BadAss.Sx
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July 15, 2014, 01:49:09 PM
 #9712

You know whats funny...all those days and many many many pages in this topic there were fudders keep talking this coin down. And what happened...it raised. How empty they must feel right now hahaha.

What a community...i have never seen a community like this and i'm gonna buy more of VRC...now i know for sure it has a dev team who are willing to FIGHT for their community and not hang their heads because of all the fud.

Keep up the work. Gonna throw some in the verifund after i dumped some other shitcoins of which came and fud here.

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
ofp
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July 15, 2014, 01:51:22 PM
 #9713

Problem is, cryptoland is a place where criminals and hackers reign. The public likes less regulation, self-servicing and freedom to move their money, but hates unsolved crimes. Cryptoland has to decide whether "free market" means criminality or freedom. If we were to take seriously the underlined threats of your statement below, I guess we already know the answer, don't we?

If the public in general wanted the functionality of vrc don't you think they'd just use paypal?

Paypal is established and trusted whereas these devs are just some guys in whoknowswhatcountry. Yeah the general public is really going to trust that.

You don't get what crypto offers. IF you take a decentralized currency and try to dress it up with a bunch of closed source centralized services it defeats the purpose. So again why wouldn't they just use Paypal instead of the paypal of the alts?


Simple as that. It's a vulnerable network that after this ordeal, pissing off long time crypto enthusiast with this rollback bs, I'd be very weary of some people intentionally harming vrc's network. Which would in my opinion be the free market reaction to devs overstepping their boundaries.


Yes, we can see how far has vericoin separated itself from the "crypto enthusiast" and how close its coming to the public in general.
Gambiman
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July 15, 2014, 01:52:25 PM
 #9714

This is the second time I downloaded and installed v1.3.3, Itdoes not sync and shows up as v1.3.2.0-g32a928e in the About Vericoin tab.
Both times I deleted the entire contents of Vericoin appdata except .dat file. Am I doing something wrong or do I need to add to Console?

Same thing here (v1.3.2.0-g32a928e) and not syncing

You need to uninstall the Wallet AND delet from appdata/roaming/Vericoin folder .

Secure your wallet.dat!!!

I did all that..

Trade markets with Bitcoins ! Including Forex, Commodities and Stocks SimpleFX
Transfer Money accross borders with so little fee that it is silly !
Shinraven
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July 15, 2014, 01:52:40 PM
 #9715

You know whats funny...all those days and many many many pages in this topic there were fudders keep talking this coin down. And what happened...it rised. How empty they must feel right now hahaha.

What a community...i have never seen a community like this and i'm gonna buy more of VRC...now i know for sure it has a dev team who are willing to FIGHT for their community and not hang their heads because of all the fud.

Keep up the work. Gonna throw some in the verifund after i dumped some other shitcoins of which came and fud here.

I just bought more, wallet is doing its thing, happy day !  Cheesy
neurorit
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July 15, 2014, 01:53:13 PM
 #9716

You know what's funny? Price doesn't mean squat right now. No actual adoption of VRC has caused the price to rise. It's only profit seekers speculating on the functionality vrc is trying to offer. But as I pointed out vrc is dressed up with closed source centralized services which anyone with any sense would avoid like a plague.


You know whats funny...all those days and many many many pages in this topic there were fudders keep talking this coin down. And what happened...it raised. How empty they must feel right now hahaha.

What a community...i have never seen a community like this and i'm gonna buy more of VRC...now i know for sure it has a dev team who are willing to FIGHT for their community and not hang their heads because of all the fud.

Keep up the work. Gonna throw some in the verifund after i dumped some other shitcoins of which came and fud here.
Alns
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July 15, 2014, 01:56:18 PM
 #9717

More than 13 millon coins staking, omg.

buy4crypto
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July 15, 2014, 01:56:48 PM
 #9718

You know what's funny? Price doesn't mean squat right now. No actual adoption of VRC has caused the price to rise. It's only profit seekers speculating on the functionality vrc is trying to offer. But as I pointed out vrc is dressed up with closed source centralized services which anyone with any sense would avoid like a plague.


You know whats funny...all those days and many many many pages in this topic there were fudders keep talking this coin down. And what happened...it raised. How empty they must feel right now hahaha.

What a community...i have never seen a community like this and i'm gonna buy more of VRC...now i know for sure it has a dev team who are willing to FIGHT for their community and not hang their heads because of all the fud.

Keep up the work. Gonna throw some in the verifund after i dumped some other shitcoins of which came and fud here.

"anyone with any sense would avoid this like the plague"

May I kindly ask why you are not avoiding us?

Ya ain't got no sense!

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████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
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BadAss.Sx
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July 15, 2014, 01:58:29 PM
 #9719

Let the fudders...i want more vericoins. Gonna dump all other altcoins i have now to invest in VRC. They have proven to be the real deal now.

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
CryptoLTD
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July 15, 2014, 01:58:47 PM
 #9720



From here forward I will use 'we' as in 'crypto'

We have the ability, to undo unjust massive criminal actions.
We have the ability to stand up and fight for the rights of people.
We have the ability to make ground breaking decisions for the positive side of things finally.
We have the ability to CHOOSE if we do not like something and move on.
We have the ability to let the people determine the fate of when an exchange when they ever so blatantly disregards their own statements regarding security, by choosing to not use them.
We have the ability to not let a thief become a centralized , determining factor of a project.
We do not have to take a beating from others lacking judgement when so many could/would have been affected.
We do NOT have to mimic and or follow in the footsteps of others every move , just because 'they' would or wouldn't because they were the 1st to create an idea or movement. (yes I am implying BTC here)

We are in a revolution, and revolutionary progress, is not simply not following an old path, it requires leadership , that make fast, appropriate and responsive decisions that would affect masses, both good & bad.

I for one am proud, that the team involved with VRC, had the moral capability to step outside the box that 'some' seem trapped in, to make a difficult decision.

Walking behind others will never lead you down a new path where evolution is detrimental to success.

Everyone, enjoy your day.



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