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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1350928 times)
criptix
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July 16, 2014, 03:04:15 AM
 #9921


hope your listening to it.. they explained pretty much a lot of what I have been saying this past couple of days. (even the big difference between 51% PoW and 51% PoS attacks)

the only thing I don't agree with is that people had a choice to accept the rollback or not......

yes sure they could NOT update their wallets.. but if they did that then they would not be able to send coins to any of the exchanges or use any of the vericoin services so it really wasn't much of a choice.

everything else they said I pretty much agree with.



that what they explained was exactly what i told you l0l


and btw everyone can decide to not update their wallets, there were alot of community takeovers with new devs already if there was really a will to do it.
but there is no reason to do so.


/edit

also for you guys who want to know more about Proof of Work and Proof of Stake: https://en.bitcoin.it/wiki/Proof_of_Stake

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July 16, 2014, 03:10:52 AM
 #9922


P Did Hee @PDidHee
i had a feeling it was @SatoshiLite all along... #VRC #LTC #BTC #Mintpal #Bittrex pic.twitter.com/S4et9WUgne



(@SatoshiLite = colbee = Charlie Lee = Litecoin creator)

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July 16, 2014, 03:22:47 AM
 #9923

The coins age makes something bad like this possible. With more time it gets more adopted and gaining this control becomes less of a concern. Also who is not to say that most of these alts dont have 50% or 60% of their coins on one exchange. The problem is we dont yet have a decentralized exchange and they have given vericoin a cause that if they are willing to accept and succeed at creating one, would solve most of these issues.

vericoin community got slammed hard because of mintpal.. this community should push for a mintpal audit.

or you can get away from Vericoin community and join Stealthcoin community as Stealthcoin is not list at Mintpal.
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July 16, 2014, 03:35:05 AM
 #9924

Dev hang out is live

http://youtu.be/1PkqNcVD0YI




I highly suggest anyone who has questions about how or why everything went down, watch the video hangout and hear from the developers directly, they explained, they took questions, and I have to say seeing and hearing them talk directly about this situation, about Mintpal, about Charlie Lee (Litecoin creator), and of course about exchanges and Proof of Stake and Proof of Work in general, it was well done.   

cryptoholic11
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July 16, 2014, 03:36:17 AM
 #9925

wait what does Charlie Lee have to do with the situation? I missed tht part...link anyone?

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July 16, 2014, 03:43:40 AM
 #9926

Charlie doing what?
BitcoinPorn
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July 16, 2014, 03:45:24 AM
 #9927

wait what does Charlie Lee have to do with the situation? I missed tht part...link anyone?

He had been very vocal on reddit regarding the rollback - http://www.reddit.com/r/litecoin/comments/2apsj7/litecoin_developers_will_never_fork_litecoin_to/

Also Patrick directly responding on the reddit - http://www.reddit.com/r/litecoin/comments/2apsj7/litecoin_developers_will_never_fork_litecoin_to/ciy0wlp

Him and Charlie are related/family, so Patrick mentions and gives thanks to him, as they had offline conversations as well.

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July 16, 2014, 03:51:31 AM
 #9928

Please don't attack Charlie Lee (coblee). He owns VeriCoin and is family. His criticism is justified.

Well Patrick Charlie Lee can be your god but he is VERY wrong this time around. And by being wrong in "his opinion" he is perpetuating not just the biggest flaw in cryptos but defending that the ostracism from the real world will continue. He lives, by his choosing and his opinions, in the bubble of the underworld or nerds who code, watch massive porn amounts, masturbate frequently and are high or doped most of the time. Yes I know a lot in the crypto community adhere to this short of lifestyle and it won't be me criticizing it -or any other lifestyle chosen by adults-, but the fact of the matter is that in that bubble no people from the outside has either a place nor a minimal interest in joining. It's the people that in the name of some form of self-laws and self-government (all of it BULLSHIT, by the way), not only justify thievery and fraud but promote it and even brag about it. It used to be stealing intellectual property and now it has escalated to stealing plain old fashioned money. And that has to stop, by a minimal progression through some semblance of ethics or, most likely, by real law. And regulation.

Meanwhile he dares to call you selfish because you refused to immolate yourself and your partners, forever, while allowing a thief to profit maybe in the millions of dollars at the expense of investors. That's some peculiar sense of "humor" right there. Why not asking directly for you and your partners to commit suicide because you have made a decision that, HOPEFULLY, will forever change crypto and convert it into something with a real practical use for an economy many times bigger than the nerdy coders now crippling it. Where is Litecoin, by the way, going? All the way to Palookaville, I'd say. Where's VRC? We don't know. But if Mr Boricuaman and his Black Hand don't put it out of business -and it is up to you to not allow that to happen, to a certain extent at least-, it is breaking off, or could be breaking off the pack towards a sensible, close to the real people mainstream assimilation.

So sorry but Mr. Charlie Lee is, to me, one asshole more perpetuating crime in crypto and hindering his progress. Yes, you acted selfishly in the way that it was preserving the coin you created that some asshole had marked for death because of the amazing negligence of MintPal. But you decision also saved the hard earned money of over 600 investors/traders. A whole community that believes in you and your partners and avoided another terrible blow to the perception of digital currencies by the mainstream. You didn't have much choice beyond self-immolation but what that selfish decision has and will accomplish, is nothin g short of remarkable.

Let's just say that from now on, just like it did when you gay put your real names out there, there's a before and after in crypto. Hopefully this will separate the assholes and criminal from the progressive ones that will take crypto currencies forward to reach the goals that the technology allows and NOT the political agendas of pathetic rejects and assorted criminals.


I agree with everything you said for the first time ever...

Well said.
Same here.  100% agree too.  1st time ever.  Smiley
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July 16, 2014, 03:55:26 AM
 #9929


We need you support! Goal: 500 supporters by Jul 19th


Go to this link and support this campaign by clicking on support with and choose you way to support. You can pick all the 3 if you want! (Twitter / Facebook / Tumblr)

Using ThunderClap platform is great and the idea being is the following:
- If the goal of 500 supporter is reach the campaign will go live.
- During The North America Bitcoin Conference in chicago, exactly at 12PM all 500 supporters will release the tweet that's on hold.
- The objective is to reach all the ones that are on TNABC remembering that the developers of ‪#‎vericoin‬ are there!

Help this happen!

Use this link to retweet this campaign: https://twitter.com/BrunoPro79/status/487356359688867840

Or share the direct link: www.thndr.it/1xY8U0Q

To find what's ThunderClap see the 1st video here: https://www.thunderclap.it


Had to lower the goal to 250 supporters... and we're still at 45% from the 250 mark

So, if you support VeriCoin and this idea take a little time to promote it on your social networks!  Wink Don't forget to enter the site and click on "Facebook" "twitter" "thumblr"

So heres my shoutout to help me promoting this action, make your own tweets or posts on facebook using the link -> http://thndr.it/1xY8U0Q
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July 16, 2014, 04:01:31 AM
 #9930

It's very important everyone to click the link and sign up for the thunderclap project.  If you have not done it please do it now.

https://www.thunderclap.it/projects/13715-vericoin-tnabc-19-20-july
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July 16, 2014, 04:03:34 AM
 #9931


We need you support! Goal: 500 supporters by Jul 19th


Go to this link and support this campaign by clicking on support with and choose you way to support. You can pick all the 3 if you want! (Twitter / Facebook / Tumblr)

Using ThunderClap platform is great and the idea being is the following:
- If the goal of 500 supporter is reach the campaign will go live.
- During The North America Bitcoin Conference in chicago, exactly at 12PM all 500 supporters will release the tweet that's on hold.
- The objective is to reach all the ones that are on TNABC remembering that the developers of ‪#‎vericoin‬ are there!

Help this happen!

Use this link to retweet this campaign: https://twitter.com/BrunoPro79/status/487356359688867840

Or share the direct link: www.thndr.it/1xY8U0Q

To find what's ThunderClap see the 1st video here: https://www.thunderclap.it


Had to lower the goal to 250 supporters... and we're still at 45% from the 250 mark

So, if you support VeriCoin and this idea take a little time to promote it on your social networks!  Wink Don't forget to enter the site and click on "Facebook" "twitter" "thumblr"

So heres my shoutout to help me promoting this action, make your own tweets or posts on facebook using the link -> http://thndr.it/1xY8U0Q

Who the hell in their right mind would want to support a coin who has Ben Bernanke as a dev,

This coin and the rollback are the biggest jokes of 2014!
amesterdamer
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July 16, 2014, 04:05:25 AM
 #9932

Bobsurplus - This user is currently ignored.

I bet he's still talking shit! You can ignore him like I did, just click on ignore under his nick
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July 16, 2014, 04:16:40 AM
 #9933

Please don't attack Charlie Lee (coblee). He owns VeriCoin and is family. His criticism is justified.

Well Patrick Charlie Lee can be your god but he is VERY wrong this time around. And by being wrong in "his opinion" he is perpetuating not just the biggest flaw in cryptos but defending that the ostracism from the real world will continue. He lives, by his choosing and his opinions, in the bubble of the underworld or nerds who code, watch massive porn amounts, masturbate frequently and are high or doped most of the time. Yes I know a lot in the crypto community adhere to this short of lifestyle and it won't be me criticizing it -or any other lifestyle chosen by adults-, but the fact of the matter is that in that bubble no people from the outside has either a place nor a minimal interest in joining. It's the people that in the name of some form of self-laws and self-government (all of it BULLSHIT, by the way), not only justify thievery and fraud but promote it and even brag about it. It used to be stealing intellectual property and now it has escalated to stealing plain old fashioned money. And that has to stop, by a minimal progression through some semblance of ethics or, most likely, by real law. And regulation.

Meanwhile he dares to call you selfish because you refused to immolate yourself and your partners, forever, while allowing a thief to profit maybe in the millions of dollars at the expense of investors. That's some peculiar sense of "humor" right there. Why not asking directly for you and your partners to commit suicide because you have made a decision that, HOPEFULLY, will forever change crypto and convert it into something with a real practical use for an economy many times bigger than the nerdy coders now crippling it. Where is Litecoin, by the way, going? All the way to Palookaville, I'd say. Where's VRC? We don't know. But if Mr Boricuaman and his Black Hand don't put it out of business -and it is up to you to not allow that to happen, to a certain extent at least-, it is breaking off, or could be breaking off the pack towards a sensible, close to the real people mainstream assimilation.

So sorry but Mr. Charlie Lee is, to me, one asshole more perpetuating crime in crypto and hindering his progress. Yes, you acted selfishly in the way that it was preserving the coin you created that some asshole had marked for death because of the amazing negligence of MintPal. But you decision also saved the hard earned money of over 600 investors/traders. A whole community that believes in you and your partners and avoided another terrible blow to the perception of digital currencies by the mainstream. You didn't have much choice beyond self-immolation but what that selfish decision has and will accomplish, is nothin g short of remarkable.

Let's just say that from now on, just like it did when you gay put your real names out there, there's a before and after in crypto. Hopefully this will separate the assholes and criminal from the progressive ones that will take crypto currencies forward to reach the goals that the technology allows and NOT the political agendas of pathetic rejects and assorted criminals.


I agree with everything you said for the first time ever...

Well said.
Same here.  100% agree too.  1st time ever.  Smiley
Good writing, and that sums up my feelings too Smiley
I find this charlie disrespectful towards pnosker. In the name of an ideology he has about cryptocurrency he condemns any moves where common sense applied in that peculiar situation.
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July 16, 2014, 04:18:36 AM
 #9934

I am interested in adding an exchange on the launch contact me or testbug
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July 16, 2014, 04:24:22 AM
 #9935


hope your listening to it.. they explained pretty much a lot of what I have been saying this past couple of days. (even the big difference between 51% PoW and 51% PoS attacks)

the only thing I don't agree with is that people had a choice to accept the rollback or not......

yes sure they could NOT update their wallets.. but if they did that then they would not be able to send coins to any of the exchanges or use any of the vericoin services so it really wasn't much of a choice.

everything else they said I pretty much agree with.



that what they explained was exactly what i told you l0l


and btw everyone can decide to not update their wallets, there were alot of community takeovers with new devs already if there was really a will to do it.
but there is no reason to do so.


/edit

also for you guys who want to know more about Proof of Work and Proof of Stake: https://en.bitcoin.it/wiki/Proof_of_Stake

well then if they said what I said and what you said then that must mean we agree. lol

and sure there could be a community based mutiny but as I said it wouldn't get very far when mintpal and the other exchanges are using the coin daemon supplied by the dev team.

doesn't matter how many people disagree with the rollback, they are forced to update their wallet when they realize they have nowhere to trade their coins...

I'm not saying that to be cruel to those people who didn't want the rollback, just telling it like it is.

it reminds me of the "choice" people had when TV switched from Analog to Digital... "sure you can keep your old analog tv you dont need to update to a new digital one... oh and one other thing.. we are going to turning off the analog signal.. but you can still enjoy watching all that free to air static on your screen" lol

KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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July 16, 2014, 04:25:18 AM
 #9936

I have absolutely had it with fudding pests on bct. If you continuously post the same fud over and over again, you shall be branded with a negative trust rating. Bobsurplus you might as well change your name to BobDeficit.

Bitcoin is what internet was in the 90s.
Ed4252
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July 16, 2014, 04:26:11 AM
 #9937

Is it possible to stake the coin and have the wallet encrypted yet?

This is just in case I download a file that's a RAT/virus.
amesterdamer
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July 16, 2014, 04:29:07 AM
 #9938

I have absolutely had it with fudding pests on bct. If you continuously post the same fud over and over again, you shall be branded with a negative trust rating. BobSuprlus you might as well change your name to BobDeficit.

Bobsurplus - This user is currently ignored.

I bet he's still talking shit! You can ignore him like I did, just click on ignore under his nick

Guess I was right Tongue
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¿ʇɐɥʍ


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July 16, 2014, 04:38:12 AM
 #9939

Is it possible to stake the coin and have the wallet encrypted yet?

This is just in case I download a file that's a RAT/virus.

It is indeed possible, but the wallet will have to be unlocked first. Right now, the "Unlock Wallet..." menu item unlocks the wallet completely. If you want to unlock the wallet for staking only, you can do it via the console using:

walletpassphrase yourpassword 9999999 true

"9999999" is the number of seconds to keep the wallet unlocked and "true" tells it to unlock for minting/staking only.

Ignored User Cleanup Script - Completely hide ignored users!
BitcoinPorn
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July 16, 2014, 04:45:20 AM
 #9940

Bobsurplus - This user is currently ignored.

I bet he's still talking shit! You can ignore him like I did, just click on ignore under his nick

My ignore list, after being a member of these forums for literally years, consists literally of just three people,

Bobsurplus
keshuker
ItsNotMe

Good times.

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