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

[smoothie]

Mintpal has not provided proof (as far as I am aware) they were indeed hacked and not just claimed to have been hacked.

This sets a precedent now.

I can see a user getting 20% of the coin supply in the future...selling them for BTC or buying something for VRC and after they get what they want they can just cry foul and ask for the devs to roll back the VRC blockchain because they claimed they had coins stolen that were of "substantial" amount.

This is a joke what happened today.

[smoothie]

it will be roll backed if it benefits the community and it's development behind it

How is crypto ever going to be taken seriously if this kind of arbitrary judgment is used for things like this. You think Amazon would accept VRC if there was a danger all their payments would be rolled back because "it benefits the community and it's development behind it"?

+100M VRC.

HAHAHA!

Self-serving bullshit. Funny joke though. VRC will never be accepted by mainstream businesses.

[aciddbboy]

So i did this 6-7- hours ago when P. Nosker first twiteed that forked was succesfully done and we should clear all but wallet.data.

 Windows:
We recommend deleting everything but wallet.dat in your username\appdata\roaming\VeriCoin folder and running the default installer settings.  This will load up the full block and you will be on the splash screen for 10-15 minutes while it loads at the blockchain data.

Before i went to sleep it was fully sync and seemd to be all Ok .  i wake up and i see my wallet syncgronizing at 98% . The wierd thing is that a couple of minutes after  it did synchronize to 100% , it goes out of sync and again it starts synchronizing at 98% .

Seems like must be something wrong .

Should i clear the files again ?  i read that if im windows all i need to do is clear the files but wallet.data and wait untill it synchronize and thats what i have done .

Should i do this instead?

1. Do the backup of the wallet.dat and vericoin.conf (if you have this file)
2. Delete all files in folder leaving only the two files mention above.
3. Download the bootstrap file from: http://vericoin.info/downloads/bootstrap.dat and put it together in the folder with the other 2 files.
4. Download the wallet from http://vericoin.info
5. Install the wallet
6. Run the wallet and wait for synchronization

-- If you don't have the vericoin.conf file you can make one using this:
irc=0
server=0
listen=1
checklevel=2
txindex=1
staking=1
connect=supernode.vericoin.info
connect=supernode2.vericoin.info
connect=supernode3.vericoin.info
connect=supernode4.vericoin.info
connect=supernode5.vericoin.info

[Bobsurplus]

Ohhhh Snap!

https://bitcointalk.org/index.php?topic=692757.msg7835414#msg7835414

[cryptoholic11]

Once the issue gets resolved and the devs and community come back to the thread, its going to be a fucking circus with all the fudders. See you later VRC thread, prob will be locked.

[toknormal]

You fudding idiots, letting the hackers keep the 8m coins wouldve been much worse. It would have created a massive sell off

You have no idea what you're talking about. You're prepared to compromise the core viability of a cryptocurrency just to keep the price up ?

There's about as much sense in that as deciding to take the wings off a plane to save weight.

You people are crazy. Forking the blockchain to reverse a hack is suicidal. It won't save the price - it will permanently taint the coin. If you think your getting a lot of fud over this now, wait till you see what happens when VRC gets branded as "monopoly money" that can be created and destroyed at the whim of the devs when they feel it.

[lucates]

Reading many other alt coin threads, everybody is saying that vericoin only choice was to hard fork, they support the decision. Only here there are people who FUD.

Dont care for FUD people!

[ph111]

Wont be holding VRC anymore Mintpal messed up they should pay but now Devs can do what they want and erase transactions how can they be trusted  

[cryptoholic11]

You fudding idiots, letting the hackers keep the 8m coins wouldve been much worse. It would have created a massive sell off

You have no idea what you're talking about. You're prepared to compromise the core viability of a cryptocurrency just to keep the price up ?

There's about as much sense in that as deciding to take the wings off a plane to save weight.

You people are crazy. Forking the blockchain to reverse a hack is suicidal. It won't save the price - it will permanently taint the coin. If you think your getting a lot of fud over this now, wait till you see what happens when VRC gets branded as "monopoly money" that can be created and destroyed at the whim of the devs when they feel it.

You might be a sr member, but Im going to trust the devs judgement over yours, especially these devs. And dont underestimate the power of an 8m coin dump, it will undoubtedly kill the coin.

[Bobsurplus]

You fudding idiots, letting the hackers keep the 8m coins wouldve been much worse. It would have created a massive sell off

You have no idea what you're talking about. You're prepared to compromise the core viability of a cryptocurrency just to keep the price up ?

There's about as much sense in that as deciding to take the wings off a plane to save weight.

You people are crazy. Forking the blockchain to reverse a hack is suicidal. It won't save the price - it will permanently taint the coin. If you think your getting a lot of fud over this now, wait till you see what happens when VRC gets branded as "monopoly money" that can be created and destroyed at the whim of the devs when they feel it.

You might be a sr member, but Im going to trust the devs judgement over yours, especially these devs. And dont underestimate the power of an 8m coin dump, it will undoubtedly kill the coin.

TBH, it was a loss/loss either way they went. But the way the chose will undoubtedly leave them as pariahs in the cryptocoin community. Good luck trying to bring a new coin to market under their names!

[jtbcoins]

it will be roll backed if it benefits the community and it's development behind it

How is crypto ever going to be taken seriously if this kind of arbitrary judgment is used for things like this. You think Amazon would accept VRC if there was a danger all their payments would be rolled back because "it benefits the community and it's development behind it"?

+100M VRC.

HAHAHA!

Self-serving bullshit. Funny joke though. VRC will never be accepted by mainstream businesses.

Noah Luis shut the fuck up

[smoothie]

Once the issue gets resolved and the devs and community come back to the thread, its going to be a fucking circus with all the fudders. See you later VRC thread, prob will be locked.

This ^ is what I see given what happened today with the rollback.

No rules just roll it back.

Future implications of roll backs need to be addressed. They devs said they will never do it again. I doubt that.

What if 30% gets stolen again?

What % is the cut off to be considered "roll-back" material? 10%? 20%?

[toknormal]

You might be a sr member, but Im going to trust the devs judgement over yours, especially these devs. And dont underestimate the power of an 8m coin dump, it will undoubtedly kill the coin.

At least it would still have *been a coin* as opposed to a highly centralised developer toy.

[drkman]

You fudding idiots, letting the hackers keep the 8m coins wouldve been much worse. It would have created a massive sell off, either from the hackers or the investors anticipating a sell off from the hackers. You guys really have nothing better to do but just keep on repeating the same nonesense for hours? Hey bobby, doesnt it kind of suck for other coins that the hackers stole VRC instead of any other coin? Obviously VRC is an established giant for that to happen. And its not going anywhere.

They took vrc because mintpal had weak security measures in place for vrc. The attackers tried to get btc and ltc but we denied as that security is beefeeer then vrc.

People only try to steal what is valuable.  that is why they went after Vericoin because they know it is a coin that will be worth more in the future.  They could have stolen cloak or some other trash coin but they went for VRC and BTC!

The thieves know a damn good coin when they see one!

[Casu]

You fudding idiots, letting the hackers keep the 8m coins wouldve been much worse. It would have created a massive sell off, either from the hackers or the investors anticipating a sell off from the hackers. You guys really have nothing better to do but just keep on repeating the same nonesense for hours? Hey bobby, doesnt it kind of suck for other coins that the hackers stole VRC instead of any other coin? Obviously VRC is an established giant for that to happen. And its not going anywhere.

They took vrc because mintpal had weak security measures in place for vrc. The attackers tried to get btc and ltc but we denied as that security is beefeeer then vrc.

People only try to steal what is valuable.  that is why they went after Vericoin because they know it is a coin that will be worth more in the future.  They could have stolen cloak or some other trash coin but they went for VRC and BTC!

The thieves know a damn good coin when they see one!

Yeah lol, I'm sure the thief was planning to hold long-term! Get a grip man.

[cryptodevil]

*Again* for those who are less educated about Bitcoin's history than they pretend to be:

https://twitter.com/pnosker/status/488469467467628544

[jtbcoins]

smooth https://www.youtube.com/watch?v=73tV6Qz02Ag

[smoothie]

You fudding idiots, letting the hackers keep the 8m coins wouldve been much worse. It would have created a massive sell off

You have no idea what you're talking about. You're prepared to compromise the core viability of a cryptocurrency just to keep the price up ?

There's about as much sense in that as deciding to take the wings off a plane to save weight.

You people are crazy. Forking the blockchain to reverse a hack is suicidal. It won't save the price - it will permanently taint the coin. If you think your getting a lot of fud over this now, wait till you see what happens when VRC gets branded as "monopoly money" that can be created and destroyed at the whim of the devs when they feel it.

You might be a sr member, but Im going to trust the devs judgement over yours, especially these devs. And dont underestimate the power of an 8m coin dump, it will undoubtedly kill the coin.

So be it. That is how the cards fall.

There are no do-overs. You may as well use the traditional banking system if you want that.

[smoothie]

it will be roll backed if it benefits the community and it's development behind it

How is crypto ever going to be taken seriously if this kind of arbitrary judgment is used for things like this. You think Amazon would accept VRC if there was a danger all their payments would be rolled back because "it benefits the community and it's development behind it"?

+100M VRC.

HAHAHA!

Self-serving bullshit. Funny joke though. VRC will never be accepted by mainstream businesses.

Noah Luis shut the fuck up

No. this is a public forum. I will post how I see fit. I'll also call things how they are.

[Casu]

*Again* for those who are less educated about Bitcoin's history than they pretend to be:

https://twitter.com/pnosker/status/488469467467628544

*Again* this is not the same thing in any way.