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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355393 times)
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June 27, 2014, 03:58:21 PM
 #4641

Can't people dump it back to 30k? Want some cheap vericoins
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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buy4crypto
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June 27, 2014, 03:59:28 PM
 #4642

Are there any VRC faucets? I been looking for a week now to find one and no luck.

Its not many people yet, but a few are checking out the FreeVeriCoin.com site and It would be nice to help get them to a faucet.

I have one at http://vrcfaucet.visitbit.com/ - I loaded it up with 900 VRC last week and it's all gone now, so faucet is dry - nobody donated to keep it alive.

I will help promote it. If others could help fund it we could start to build the number of VRC wallets and community.

*Edit Added your faucet in, its the only VRC faucet known right now. People should support this faucet and please contact me with others to add at FreeVeriCoin.com. With all the news I have noticed vericoin domains getting more natural traffic. Lets make the most of the news flow!

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June 27, 2014, 04:03:12 PM
 #4643

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.
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June 27, 2014, 04:05:06 PM
 #4644

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

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June 27, 2014, 04:12:22 PM
 #4645

Quick question, I am new to staking. I started last night, and the time to my first interest payment has decreased by about 7 days in 14 hours or so. Can anyone explain what the process is used to determine the length until payout?
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June 27, 2014, 04:19:20 PM
 #4646

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

It's not just a souvenir. Part of the profits go to the VeriFund, so you're helping move the community forward which is essential at this point.  I'm buying 2.
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June 27, 2014, 04:20:25 PM
 #4647

Quick question, I am new to staking. I started last night, and the time to my first interest payment has decreased by about 7 days in 14 hours or so. Can anyone explain what the process is used to determine the length until payout?

This is defined in the file bitcoingui.cpp in the qt folder of the source.  The way it's defined is as follows:

        unsigned nEstimateTime = nTargetSpacing * nNetworkWeight / nWeight;

        QString text;
        if (nEstimateTime < 60)
        {
            text = tr("%n second(s)", "", nEstimateTime);
        }
        else if (nEstimateTime < 60*60)
        {
            text = tr("%n minute(s)", "", nEstimateTime/60);
        }
        else if (nEstimateTime < 24*60*60)
        {
            text = tr("%n hour(s)", "", nEstimateTime/(60*60));
        }
        else
        {
            text = tr("%n day(s)", "", nEstimateTime/(60*60*24));
        }

nTargetSpacing is 1 minute (the blocktime).
nNetworkWeight is the current network stake weight.
nWeight is the the amount of coins you have eligible for staking.

So essentially the program estimates the time required for staking by looking at your coins, determining which ones can stake, and dividing it by the total network stake weight.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 27, 2014, 04:22:57 PM
 #4648

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

P.S. here is a link to a mock up of the coins to provide an idea of what the coins will look like, keep in mind this is a first draft and subject to change but should provide a good idea of how the coins will look https://imgur.com/a/7bA1I

Awesome. Bought 2!

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 27, 2014, 04:23:38 PM
 #4649

Are there any VRC faucets? I been looking for a week now to find one and no luck.

Its not many people yet, but a few are checking out the FreeVeriCoin.com site and It would be nice to help get them to a faucet.

I have one at http://vrcfaucet.visitbit.com/ - I loaded it up with 900 VRC last week and it's all gone now, so faucet is dry - nobody donated to keep it alive.

Filled it up!

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 27, 2014, 04:25:20 PM
 #4650

The VeriCoin devs will be chatting with Chris Pirillo tonight on Youtube at 9 PM EST. Make sure you tune in!

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 27, 2014, 04:26:04 PM
 #4651

I just changed the support page to be working now on VeriCoinSupport.com

Can anyone tell me what they think about the update? We are still in beta so please don't expect to much yet! The other 3 pages are still in work. But while I am doing my web projects from now on I will be able to provide 24-7 support within reasonable time to the VeriCoin community!

Any tips or advice, especially from web masters / designers would be appreciated!

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June 27, 2014, 04:26:21 PM
 #4652

Quick question, I am new to staking. I started last night, and the time to my first interest payment has decreased by about 7 days in 14 hours or so. Can anyone explain what the process is used to determine the length until payout?

U WOT M8?!?!?

So essentially the program estimates the time required for staking by looking at your coins, determining which ones can stake, and dividing it by the total network stake weight.

Ha, the layman's-term answer was greatly appreciated. Looking forward to my first payment!
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June 27, 2014, 04:35:18 PM
 #4653

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

I already buy bi-weekly, same coins get tiring if you have collected as long as I have. I always look for cool coins so much more fun.
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June 27, 2014, 04:44:04 PM
 #4654

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

I already buy bi-weekly, same coins get tiring if you have collected as long as I have. I always look for cool coins so much more fun.

You know then more than anyone, you're not purchasing this for the silver. You're purchasing a collectible with this, and there is nothing wrong with it. But if you want silver, for silvers sake is a lot better ways of doing it, and you can still donate to VRC.

Also, Just to bring clarity, Is any profit being taken by the producer of the coins? Whats the split between what goes to VRC fund ect. If its nearly all for the fund then I may even buy 1. If its to get someone a few bucks to sell overpriced silver, no thx  Roll Eyes


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June 27, 2014, 04:54:14 PM
 #4655

oh my....dem devs
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June 27, 2014, 04:59:06 PM
Last edit: June 27, 2014, 05:18:57 PM by drkman
 #4656

New record staking range at 12.6 million.  This coin is so undervalued as it deserves to be tied in mkcap to the number 1 altcoin........Darkcoin.  I truly believe we are just now beginning a longterm rise that ends with VRC battling for the number 3 spot behind Litecoin.  The movement is just like when Darkcoin first awakened and went to .002, fell back and then began a long rise again that took it from .0015, past .002 and then all the way up to .028.

We have a 10x move coming given VRC has ring based anon and the instant ability to use that anon to spend Vericoins anywhere BTC is accepted.  If anyone is sitting in BTC, its better to move all those savings to VRC and collect interest until you need to spend it.  Then as you need to, use Verisend and Veribit to spend.  It's as close to a perfect a solution as we have in crypto right now and the tech is only going to get better folks!
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June 27, 2014, 05:03:45 PM
 #4657

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

P.S. here is a link to a mock up of the coins to provide an idea of what the coins will look like, keep in mind this is a first draft and subject to change but should provide a good idea of how the coins will look https://imgur.com/a/7bA1I

Four backers already! keep it going guys!

 
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June 27, 2014, 05:07:19 PM
 #4658

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

I already buy bi-weekly, same coins get tiring if you have collected as long as I have. I always look for cool coins so much more fun.

You know then more than anyone, you're not purchasing this for the silver. You're purchasing a collectible with this, and there is nothing wrong with it. But if you want silver, for silvers sake is a lot better ways of doing it, and you can still donate to VRC.

Also, Just to bring clarity, Is any profit being taken by the producer of the coins? Whats the split between what goes to VRC fund ect. If its nearly all for the fund then I may even buy 1. If its to get someone a few bucks to sell overpriced silver, no thx  Roll Eyes



I am splitting all profits 50/50 with the VeriFund, not that I expect much profit because as stated in the hangout the initial costs are high, $500 - $800 for custom mold $300 - $400 for the holograms and then each coin is spot price plus a minting premium of $5 - $15 dollars, and do not forget each coin comes with a 10 VRC "Thank You"

Also I could have chosen to do the coins in another metal to keep costs down but from my experience in the Physical Coin world most people want precious metal Physical Coins AND by being made out of silver this offers a dual investment (in both VRC AND Silver) and the coins will retain value even if the VRC is spent.

 
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June 27, 2014, 05:13:05 PM
 #4659

What if VRC reaches 1,000,000 satoshis before summer's end?


===================

===================
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June 27, 2014, 05:16:40 PM
 #4660

Why is tomorrow's wallet release a big deal?

VeriSend and VeriBit have been proven to be working technology. The problem is that they are centralized.

Once they get incorporated into the wallet and released tomorrow, they will be decentralized. This means the technology is proven and safe. This is why having VRC in a portfolio is a sound idea. Anyone with money would be insane not to buy in as much as possible right now. But, we do live in a crazy world.
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