[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[Sir loin]

What a bunch of impatient crybabies. Did you guys come here expecting to "get rich quick" or what? How long was the Internet in development before it became well known and commercially viable? Oh, sorry forgot, it is still in development. How about Bitcoin then? Oh, sorry forgot, it is still in development and took years to get where it is today. Both have an army of developers and contributors.

Give these guys a break ok? They are working on a quality product, not a "get rich and disappear" scheme. How about giving them a hand or at least some support? If you all hold VRC/VRM then you are cutting your own throats with all the accusations and negativity. Grow up or get out.

Thank you for saying that.

Yes. Developing crypto is an ongoing process and as long as we continue to develop and better our technology we don't need to worry. But as our price is under market value, people get scared and talk negatively about VeriCoin because they are not getting rich quick.

You just bought at around 4500 sats and can't wait to start the shilling or can you our veriwanker? GTFO you clown

hahahaha

[TrueAnon]

What a bunch of impatient crybabies. Did you guys come here expecting to "get rich quick" or what? How long was the Internet in development before it became well known and commercially viable? Oh, sorry forgot, it is still in development. How about Bitcoin then? Oh, sorry forgot, it is still in development and took years to get where it is today. Both have an army of developers and contributors.

Give these guys a break ok? They are working on a quality product, not a "get rich and disappear" scheme. How about giving them a hand or at least some support? If you all hold VRC/VRM then you are cutting your own throats with all the accusations and negativity. Grow up or get out.

Thank you for saying that.

Yes. Developing crypto is an ongoing process and as long as we continue to develop and better our technology we don't need to worry. But as our price is under market value, people get scared and talk negatively about VeriCoin because they are not getting rich quick.

Veri, birthday sometime in 2014.....had one GOOD pump and i think an ok second one.  All manipulation from pump group (dev/crew involved who knows, who fucking cares), then a hack or something something annnnnnnd here we are as it's been dead for awhile.  

Oh look, it's NOV 2016! LMAO....i think we're past the 'quick' aspect buddyboy into the despair phase of "this shit be dead yo", esp with devs who don't update or do shit.

It's over.

Even START coin has a better chance of pumping and mooning vs. this! And that's sad LOL!!

[monsanto]

As of right now, the network hashrate is too low to support additional security via AuxPOW. 175 kH/M is far lower than our target. Once we cross the 1000 kH/M threshold, it starts to make sense.

Was that you quietly admitting your incompetence?

So lets summarize a bit

--Veriturd 75-90% down, Verishit 60-75% down -- Neither value nor demand increase from mining
costs = useless innovation

--Veriturd and Verishit have 0 volume and liquidity -- You failed to convince smart speculators = useless innovation

--Hashrate 0,002 Mh/s -- Neither security nor performance increase = useless innovation

What was the point of Veriturd then? You wanted to tweak a bit your toycoin and underestimated your own incompetence didn't ya?

Do you understand now that without demand, users and liquidity your "advantages" are useless?

Do you understand now that increasing demand and liquidity should be the top priority rather than adding features no one cares about because only 3 and a half retards use the network?

Do you understand now, veritard, that in order to increase demand and liquidity you should first find real world use cases and real world problems actual crypto users have that only your shitcoins can solve, therefore becoming useful coins clearly differentiated from the rest of shitcoins?

Do you understand now that only after having found that real world use case and/or problem only your shitcoins can solve, speculators will then start buying your then *useful coins with potential* and generate liquidity and demand, and users will later follow?

duh

Hey, don't hold back now, tell us what you really think  .  To be honest though, the VRC wallet is one of the better ones I've seen, and that's no small thing, so I give them that.  VRM wallet is also nice but there's still a problem with text scaling (can't see the mining stats when text is scaled).  

Anyway, clearly the situation isn't ideal but this coin has been through a lot and even survived the mintpal hack and fork situation.  So at least it seems we don't have to worry too much about the dev's abandoning the project if they stuck with it through all that.  I do agree it needs something else besides marketing, some additional use case to differentiate it.  If it was up to me I'd take more risks experimenting with novel ideas for VRM but it's probably a good idea to wait to see what this marketing team comes up with (I'm skeptical but will reserve judgement).  If that doesn't work then maybe the dev's/investors will be open to more radical changes.  We should at least wait to see how the wallet integration will work.  And I think Zcash has introduced lots of people to cpu mining so after Zcash mania calms down a little maybe we can steal some hashrate to bump it over 1000KH/m

[bitChipper]

  having some issues with the wallet again, apr jumped way up to 42%...

[effectsToCause]

having some issues with the wallet again, apr jumped way up to 42%...

file menu-> reload blockchain

[WhoCaresCoins]

The marketing agreement with Blue Lynx is signed and has been paid. Efforts by them will start November 3.

How much of the VRM ico fund has been used to pay Blue Lynx so far?

This is the payment to them: https://chainz.cryptoid.info/vrc/address.dws?VHrJBxBFeRcK8WgXm1q74JToXedjMfXCWD.htm

Well it's veri nice to see the payment in VRC for marketing. I expected 200k VRC dump while BTC continue pump soon.

[monsanto]

The marketing agreement with Blue Lynx is signed and has been paid. Efforts by them will start November 3.

How much of the VRM ico fund has been used to pay Blue Lynx so far?

This is the payment to them: https://chainz.cryptoid.info/vrc/address.dws?VHrJBxBFeRcK8WgXm1q74JToXedjMfXCWD.htm

Well it's veri nice to see the payment in VRC for marketing. I expected 200k VRC dump while BTC continue pump soon.

They should advertise in the Zcash forums for cpu miners to switch over when Zcash starts dumping hard .  I'm not really joking because hashrate and price influence each so who knows.  It's just sort of a chicken and egg thing with getting the price then hashrate high enough to integrate the coins together.

[user0000001]

wallet 1.6.5.5            2-17 connection. not syc.
any please work node.

[monsanto]

I've tried reloading the blockchain and my wallet still gets stuck with several hundred blocks to go.

[user0000001]

redownload and rescan(
not sync(

[dbstmddhks]

very nice coin..

Only mintpal hacking issue make this hard..


I hope to see this coin to go far more great from here..

[L.H. Mysterieux]

parameters.... eh?


lel


burn it all.

everything that has been staked since you acquired your slush fund... burn it.

then try again.

[souljah1h]

Make sure you are on the right block, getting some nice interest payouts.

Client should be on same block as chainz. Check that here https://chainz.cryptoid.info/vrc/# or in the wallet.

If you are having problems getting synced / getting on the right block do the following -
Use File > Reload Blockchain if out of sync. Bootstrap just got updated.

[souljah1h]

parameters.... eh?



lel

Yes parameters. What do you want to know?

[effectsToCause]

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

[souljah1h]

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1

[RJF19]

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1

How will this change effect the real world generation of coins using the staking wallet?

[Cryptonite310]

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1

Woah, that was a good read post there on SteemIt. That's all going to pay off one day.

[Mogul59]

quickly devalued coin

[souljah1h]

quickly devalued coin

$ value is what matters, not the satoshi price.