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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1354676 times)
btminer8
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July 16, 2014, 08:16:58 AM
 #9981

This "blockchain integrity" and "decentralisation" has almost turned into a bad religious belief which has no place in cryptography science.

Most of you here offer nothing constructive to the discussion. Including vericoin bagholders.

You are against the hardfork? Don't upgrade your wallet, this is what "decentralisation" about.

You don't like vericoin? Don't buy it, as simple as that. Vote with your money. "decentralisation"

If we don't find a solution to today problem, it will happen again to any PoS coins out there.


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monsanto
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..like bright metal on a sullen ground.


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July 16, 2014, 08:17:45 AM
 #9982

Q: Why was Vericoin targeted?
A: Because it is the best coin to arrive in this crypto world since BTC !)
No... durp... no...

MintPal clearly stated that BTC and LTC were targeted first, but proper cold storage procedures prevented the withdrawal.  VRC was taken because it was the highest marketcap coin on MintPal that the theives could exploit.

(If there even was an exploit against MintPal - I don't believe that, honestly. If there was really a SQL injection attack against MintPal, then the whole database was compromised, yet MintPal clains that's not true. So which is it?  MintPal lie, MintPal scam, or MintPal epic fraud?)


Then if Mintpal is "scam" or "epic fraud" like you say, why did they target VRC?

I really think they were staking it.



This has been my suspicion as well.
XbladeX
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July 16, 2014, 08:21:52 AM
 #9983

...
Q: Who is to blame for this?
A: Mintpal and only mintpal, ...
...

POS system is secure as they holders are.
Community decided that is more secure to keep 1/3 of all coins on mintpal.
Hacked -> rollback - yup that was most secure place for sure.
If someone will steal coin from your local PC who will care ? - Answer no one.

Sumary Vericoin:
-sufer from 1/3 coins deposited in one place (VRC community fault )
-sufer from Mintpal security bug  ( Mintpal fault )
-best place to store Vericoin is place where is many Vericoins today Mintpal ( later Veribank )

PS:I don't want kill any coin there is many others POS waiting to pump AIR<>Cloack<>Super<>Voot<>XC<>Min<>NAV....
and much more VRC don't change much here once it will go up once it will go down...
Problem is rollback - many informations can be manipulated people can not know what deals were done behind scenes.
MtGox six months was palying good exchange and collapsed at end crypto is great tool because so far it is neutral.
Rollbacks is not neutral behavior.
setup
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July 16, 2014, 08:32:45 AM
 #9984

Hi,
does anybody know when the mining pool is back?

Michael

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
XbladeX
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July 16, 2014, 08:38:29 AM
 #9985

...
Then if Mintpal is "scam" or "epic fraud" like you say, why did they target VRC?

I really think they were staking it.

.....

This has been my suspicion as well.
Easy to check:

one of mintpal adreses ( not stacking ):
http://bitinfocharts.com/vericoin/address/VZnJ8HXJnZhhWbfadpMtyq8YFXEmkMZb2E


And not stacking adress compare that to many other staking adres like:
http://bitinfocharts.com/vericoin/address/VU7r4YJNmU6DwLhFTqxanxDzLQeDMXuDaz

tx: 3e9bd8c223046198764b5e30a2ec3d9e586969ea8c165f3502a4fb656c2b4ddf   107947   2014-07-14 23:33:37   -1,956.56839187 VRC   428,080.64081767 VRC
tx: 3e9bd8c223046198764b5e30a2ec3d9e586969ea8c165f3502a4fb656c2b4ddf   107947   2014-07-14 23:33:37   +1,956.95615452 VRC   430,037.59697219 VRC
CodeHunter
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July 16, 2014, 08:39:21 AM
 #9986


What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.

Where do all you dummies come from? blackcoin is dead.

Anyways, it's the investors that lost money that usually find the passion to troll another thread related to their competitor.

Successful investors don't troll.

7vpo
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Na Zdorovie!


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July 16, 2014, 08:40:59 AM
 #9987

7vpo
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Na Zdorovie!


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July 16, 2014, 08:48:54 AM
 #9988


Design is my hobby. What is your discomfort? Go your own way.
XbladeX
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July 16, 2014, 09:02:22 AM
 #9989

What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.
Where do all you dummies come from? blackcoin is dead.
Anyways, it's the investors that lose money that usually find the passion to troll another thread related to their competitor.

I have 20+ diffrent crypto...from BTC, Doge, ANC ,BC, PPC, NEM....Bitshares like many people here,
rollback hurted all crypto not just one coin.

If not VRC it will be next coin like XC Clokac Cinni Voot.... INSERT name here another hype coin.

The reason i write here is simple all crypto was damaged...
and all POS coins mostly suffers by that rollback

Mainly it was Mintpal problem but full responsibility is not on Mintpal side
1/3 of all coins were deposited in one place - that is orgin of problem.
btminer8
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July 16, 2014, 09:06:27 AM
 #9990

What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.
Where do all you dummies come from? blackcoin is dead.
Anyways, it's the investors that lose money that usually find the passion to troll another thread related to their competitor.

I have 20+ diffrent crypto...from BTC, Doge, ANC ,BC, PPC, NEM....Bitshares like many people here,
rollback hurted all crypto not just one coin.

If not VRC it will be next coin like XC Clokac Cinni Voot.... INSERT name here another hype coin.

The reason i write here is simple all crypto was damaged...
and all POS coins mostly suffers by that rollback

Mainly it was Mintpal problem but full responsibility is not on Mintpal side
1/3 of all coins were deposited in one place - that is orgin of problem.

Give me 3 good reasons why all crypto was damaged.
alz
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July 16, 2014, 09:06:59 AM
 #9991

WTF you guy are suggesting Rolling back the blockchain??

That is the single stupidest idea ever suggested on BTCtalk and that is saying something!

If mistakes were made and coins were stolen then deal with it and move on,even talking about trying to wind the clock back destroys any faith in the integrity of the devs and by extension the community members who support such an action.
Where does this OCD mentality lead to?
If there is a hostile but legal takeover of VERI would you condone the same action?
How about if someone deliberately instigates large scale bot dumping and drives the price down %10000 casing huge panic?

When the survival of the coin and protection of the investors is placed in front of basic responsibility and accountability then you lose something that can not be regained by the mere passage of time......  

BTC - 1GJ2dWf8WBznTtkuuof3WTBXQAULaqVGYj LTC - LTyCKKCGHJQZwsh5YhyzGeee4womQwChUU DASH - Xp5pq62dgJxmbhawyNtWMKT9Rst8JgNCY7
dotnetmin
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July 16, 2014, 09:08:56 AM
 #9992

Guys, my outside view of what happens with vericoin.
Hit the reset button after a accident will never bring fresh money into this market.
If i would be a veriholder i would be happy with the rollback.

So within the next days you will shift your community cash around and you will see a
steady decline until nothing. If there are good features inside this coin, devs will create a new one
and follow their shedule and their skills with a new project
I don' t know if devs are know persons or still anon.
If they are anon i would not hold only one veri whatever features it would have insinde.
On the other hand if they didn't rollback maybe mintpal has done and we had a new mtgox.
So devs have decided for crypto with their rollback and not for veri.
btminer8
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July 16, 2014, 09:09:19 AM
 #9993

WTF you guy are suggesting Rolling back the blockchain??

That is the single stupidest idea ever suggested on BTCtalk and that is saying something!

If mistakes were made and coins were stolen then deal with it and move on,even talking about trying to wind the clock back destroys any faith in the integrity of the devs and by extension the community members who support such an action.
Where does this OCD mentality lead to?
If there is a hostile but legal takeover of VERI would you condone the same action?
How about if someone deliberately instigates large scale bot dumping and drives the price down %10000 casing huge panic?

When the survival of the coin and protection of the investors is placed in front of basic responsibility and accountability then you lose something that can not be regained by the mere passage of time......  

Can you tell me more about the basic responsibility and accountability in details?
Taner
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July 16, 2014, 09:11:47 AM
 #9994

Guys, my outside view of what happens with vericoin.
Hit the reset button after a accident will never bring fresh money into this market.
If i would be a veriholder i would be happy with the rollback.

So within the next days you will shift your community cash around and you will see a
steady decline until nothing. If there are good features inside this coin, devs will create a new one
and follow their shedule and their skills with a new project
I don' t know if devs are know persons or still anon.
If they are anon i would not hold only one veri whatever features it would have insinde.
On the other hand if they didn't rollback maybe mintpal has done and we had a new mtgox.
So devs have decided for crypto with their rollback and not for veri.


Devs: http://www.vericoin.info/team.html
dotnetmin
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July 16, 2014, 09:19:04 AM
 #9995

Guys, my outside view of what happens with vericoin.
Hit the reset button after a accident will never bring fresh money into this market.
If i would be a veriholder i would be happy with the rollback.

So within the next days you will shift your community cash around and you will see a
steady decline until nothing. If there are good features inside this coin, devs will create a new one
and follow their shedule and their skills with a new project
I don' t know if devs are know persons or still anon.
If they are anon i would not hold only one veri whatever features it would have insinde.
On the other hand if they didn't rollback maybe mintpal has done and we had a new mtgox.
So devs have decided for crypto with their rollback and not for veri.


Devs: http://www.vericoin.info/team.html

Thats nice, but they still could argue with "we did it for crypto" or maybe they did it simple for mint.
I watch what will happen and happy not being involved with this project. Crypto generally day by day seems to be a very bad market to be. Too much fud, scam and ugly people.
CodeHunter
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July 16, 2014, 09:19:52 AM
 #9996

If mistakes were made and coins were stolen then deal with it and move on,even talking about trying to wind the clock back destroys any faith in the integrity of the devs and by extension the community members who support such an action.
Where does this OCD mentality lead to?


Why? when the tech allows for a roll-back which loses only $4k in transactions (which Mintpal will repay) when compared to losing $2million, then why not?

That's not OCD, that's common sense.

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July 16, 2014, 09:31:20 AM
 #9997

What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.
Where do all you dummies come from? blackcoin is dead.
Anyways, it's the investors that lose money that usually find the passion to troll another thread related to their competitor.

I have 20+ diffrent crypto...from BTC, Doge, ANC ,BC, PPC, NEM....Bitshares like many people here,
rollback hurted all crypto not just one coin.

If not VRC it will be next coin like XC Clokac Cinni Voot.... INSERT name here another hype coin.

The reason i write here is simple all crypto was damaged...
and all POS coins mostly suffers by that rollback

Mainly it was Mintpal problem but full responsibility is not on Mintpal side
1/3 of all coins were deposited in one place - that is orgin of problem.

Give me 3 good reasons why all crypto was damaged.

- Merchants can be aware because transaction can be reversed in some emergency situation so better not trust new alts and stick with BTC
which can take 500m $ loss  (it breaks some trust rule )

- Bad exchange has not been punishment ( normally it can lead to MtGox 2.0 and collapse... )

- Shows how easy is "manipulate" people in crypto devlopers, Exchanges.
Real truth can be unknown forever. Did MtGox write truth before they collapsed? ( they lied till end... CR lied till end... )
Here could have been even inside deal between Mintpal and VRC dev and you won't never know about it...
CodeHunter
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July 16, 2014, 09:36:53 AM
 #9998

Here could have been even inside deal between Mintpal and VRC dev and you won't never know about it...


Yup, you're an idiot. Mintpal gained absolutely nothing from this ordeal.

btminer8
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July 16, 2014, 09:38:14 AM
 #9999

What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.
Where do all you dummies come from? blackcoin is dead.
Anyways, it's the investors that lose money that usually find the passion to troll another thread related to their competitor.

I have 20+ diffrent crypto...from BTC, Doge, ANC ,BC, PPC, NEM....Bitshares like many people here,
rollback hurted all crypto not just one coin.

If not VRC it will be next coin like XC Clokac Cinni Voot.... INSERT name here another hype coin.

The reason i write here is simple all crypto was damaged...
and all POS coins mostly suffers by that rollback

Mainly it was Mintpal problem but full responsibility is not on Mintpal side
1/3 of all coins were deposited in one place - that is orgin of problem.

Give me 3 good reasons why all crypto was damaged.

- Merchants can be aware because transaction can be reversed in some emergency situation so better not trust new alts and stick with BTC
which can take 500m $ loss  (it breaks some trust rule )

- Bad exchange has not been punishment ( normally it can lead to MtGox 2.0 and collapse... )

- Shows how easy is "manipulate" people in crypto devlopers, Exchanges.
Real truth can be unknown forever. Did MtGox write truth before they collapsed? ( they lied till end... CR lied till end... )
Here could have been even inside deal between Mintpal and VRC dev and you won't never know about it...

Good and valid reasons.

What about the thief? Would it motivate more hackers to do it if they can always get away with it? Would this defer people from investing in crypto?
dotnetmin
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July 16, 2014, 09:40:44 AM
 #10000

Here could have been even inside deal between Mintpal and VRC dev and you won't never know about it...


Yup, you're an idiot. Mintpal gained absolutely nothing from this ordeal.



You're calling others an idiot and you can't imagine what happens to mint loosing 8,000,000 veri. Huh
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