WhoCaresCoins
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August 13, 2016, 01:00:24 AM |
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About 6 days of ico left. Will the remaining 2 million get sold?
Nobody know. But I only know that not much people interested in VRM ICO even we have Coindesk PR. RIP for marketing
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dranster
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August 13, 2016, 01:03:43 AM |
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Less than 1 week to go
Might see FOMO and last minute buyers
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Cryptonitex
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August 13, 2016, 03:59:30 AM |
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About 6 days of ico left. Will the remaining 2 million get sold?
Nobody know. But I only know that not much people interested in VRM ICO even we have Coindesk PR. RIP for marketing I think all the people that were interested are going to trade in the beginning and at the end, so with 6 days left, I think they'll be there in the last few hours.
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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August 13, 2016, 08:19:25 AM |
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About 6 days of ico left. Will the remaining 2 million get sold?
Nobody know. But I only know that not much people interested in VRM ICO even we have Coindesk PR. RIP for marketing I think all the people that were interested are going to trade in the beginning and at the end, so with 6 days left, I think they'll be there in the last few hours. Difficult to forecast the last few hours, but looks unlikely to get close to 3.5m as things stand. A low total would mean that VRM is scarcer at the outset, which might be a better outcome.
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Cryptonitex
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August 13, 2016, 05:09:37 PM |
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Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
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effectsToCause (OP)
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August 14, 2016, 03:56:43 AM |
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Hey guys we are putting the finishing touches on Verium, it's running great in testing. Here is the block reward scheme which is dependent on the blocktime. It is approximately a reward halving per minute decrease in the target blocktime, via this equation: Reward = 0.375*exp(0.0116*BlockTime) This way as the security and performance of the blockchain increases, so too does the cost of creation; but only if the computational power increases, not on a fixed schedule. Thereby securing the value enhancing properties of a scarce commodity that is imbuing value on the ecosystem, while keeping mining relatively profitable in bear markets, or higher mining cost phases. The minimum blocktime for Verium will be 5 seconds and the maximum will be about 5.5 minutes. Next I will post the formula for quantifying blocktime.
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Cryptonitex
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August 14, 2016, 04:38:11 AM |
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5 Seconds...
That would be insane.
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monsanto
Legendary
Offline
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
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August 14, 2016, 05:26:33 AM |
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Hey guys we are putting the finishing touches on Verium, it's running great in testing. Here is the block reward scheme which is dependent on the blocktime. It is approximately a reward halving per minute decrease in the target blocktime, via this equation: Reward = 0.375*exp(0.0116*BlockTime) This way as the security and performance of the blockchain increases, so too does the cost of creation; but only if the computational power increases, not on a fixed schedule. Thereby securing the value enhancing properties of a scarce commodity that is imbuing value on the ecosystem, while keeping mining relatively profitable in bear markets, or higher mining cost phases. The minimum blocktime for Verium will be 5 seconds and the maximum will be about 5.5 minutes. Next I will post the formula for quantifying blocktime. That's a really interesting way to determine block rewards. Are there any other coins that have tried variable rewards tied to block times or is this a first?
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DARKHOLDER
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August 14, 2016, 08:13:22 AM |
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Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
So what actually happen after 4 days- is that vericoin changed name to verium? Or I misunderstood something..?
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effectsToCause (OP)
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August 14, 2016, 10:53:19 AM Last edit: August 14, 2016, 11:11:55 AM by effectsToCause |
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Hey guys we are putting the finishing touches on Verium, it's running great in testing. Here is the block reward scheme which is dependent on the blocktime. It is approximately a reward halving per minute decrease in the target blocktime, via this equation: Reward = 0.375*exp(0.0116*BlockTime) This way as the security and performance of the blockchain increases, so too does the cost of creation; but only if the computational power increases, not on a fixed schedule. Thereby securing the value enhancing properties of a scarce commodity that is imbuing value on the ecosystem, while keeping mining relatively profitable in bear markets, or higher mining cost phases. The minimum blocktime for Verium will be 5 seconds and the maximum will be about 5.5 minutes. Next I will post the formula for quantifying blocktime. That's a really interesting way to determine block rewards. Are there any other coins that have tried variable rewards tied to block times or is this a first? Thanks, it is very interesting. Yeah this is a first.
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effectsToCause (OP)
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August 14, 2016, 11:11:23 AM |
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Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
So what actually happen after 4 days- is that vericoin changed name to verium? Or I misunderstood something..? No their consensus will be paired and run side by side, checkout first page.
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DARKHOLDER
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August 14, 2016, 12:24:20 PM |
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Not saying it'll actually reach 3.5 million, but maybe at the least 2 million, leaving more to mine of Verium.
So what actually happen after 4 days- is that vericoin changed name to verium? Or I misunderstood something..? No their consensus will be paired and run side by side, checkout first page. Ok, thanks!
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MAD945
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August 14, 2016, 08:37:03 PM |
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Volume picking up again and driving more Vericoin into the ICO. Looks like we will have an interesting final days to the end of the Verium ICO.
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Wilhelmer
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August 15, 2016, 01:15:21 AM |
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When is the Verium phrase 2 ICO ending?
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Piston Honda
Legendary
Offline
Activity: 2730
Merit: 1068
Juicin' crypto
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August 15, 2016, 04:28:38 AM |
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v-whatever you want they're all shit and going NOWHEEEEEEEEEEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRREEEEEEEEEEE
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$ADK ~ watch & learn...
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MAD945
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August 15, 2016, 05:05:07 AM |
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v-whatever you want they're all shit and going NOWHEEEEEEEEEEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRREEEEEEEEEEE
Hey how's WBB going for ya? Oh yeah nooooooooooooowheeeeeeeeeeeeeeeeerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrreeeeeeeeeeeeeee eeeeee
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Wilhelmer
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August 15, 2016, 11:12:53 AM |
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Thanks! Enlightened indeed.
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DARKHOLDER
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August 15, 2016, 07:39:47 PM |
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When is the Verium phrase 2 ICO ending?
the same question..
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