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

[Reavon]

I think some huge Wallstreet investors would like the idea to time jump in case of theft...
Bitcoin didn't protect them from theft so...  No brainer for big investors.
Like the real one.  The big Goldman Sachs  and jp  Morgan.

[cryptomommy]

One of three wallets back online staking to support vericoin - Personally I am extremely happy with this decision as I am sure all of the Vericoin holders who would of been affected by the hack. Its nice to see someone has your back here in the wild wild west of crypto land.

Now... can we please get more people talking about the importance of keeping your coins off the exchanges!

Thank you devs.

[Anatavoc]

Everyone here needs to realize that the world isn't familiar with crypto because of things like GOX, ect.

Decentralized, centralized is all a gimmick for paranoid whacka-do's that want to keep this from going mainstream for 1 reason or another. 1 Big reason is if this goes mainstream, Pump and dump groups, and scammers will come under much more scrutiny. Thats why you see all these people here who want the status quo, somehow they benefit from keeping crypto small and out of the mainstream.


If you think the everyday person says to themselves... You know what. I can't buy my tablet... I don't know if the coin is centralized? ARE YOU PEOPLE SERIOUS.

I can't find one person not involved in crypto who even knows what that crap means. This is why it doesn't grow larger, faster. Instead of relating to normal people, Lets talk centralization, cause thats sure to catch peoples interest!



Vericoin wants to use the blockchain to go after a mass audience, not the crypto nuts! There is 1,000 + alts all competing for the same 300-400 million dollars that is being speculated with in the alt market. You are starting to see more lately, instead of communities coming together, they fight for the same money and compete to take each other down, rather than bring them up.


I will take my chances with the community and vericoin team that them setting this precedent will draw in more people to crypto in general, Especially those looking for high quality developers.

But he said he won't do it again, so that tells me this is to benefit present holders and not future ones.

Let's hope such a thing never happen again for future investors sake.Nobody tells you to buy into a coin with a good dev,plenty of those scamy ones you can go for ^^

[techbytes]

VRC will be trading at 50% of what it's at now in the next day or so.

Mark my words please!

Bob, you know I'm a betting man.  I'll wager you 1 BTC and say that this will not happen.  I'll have to use veribit since all my btc is in vericoin.  

VRC will be just fine, use it everywhere BTC is accepted...  

To new investors who knows nothing about crypto (mainstream), all they will see is it will be safer holding VRC than BTC after this fiasco.  I guess only time will tell...

and to smoothie, I don't see what you are typing because this is all I see:  BTCBTCBTC LEALANA   PHYSICAL BITCOINS AND LITECOINS . 999 FINE SILVER BTCBTCBTC

I don't have to push the ignore button because your 100 font size signature says it all.


-tb-

[battbot]

VRC will be trading at 50% of what it's at now in the next day or so.

Mark my words please!

Bob, you know I'm a betting man.  I'll wager you 1 BTC and say that this will not happen.  I'll have to use veribit since all my btc is in vericoin.  

VRC will be just fine, use it everywhere BTC is accepted...  

To new investors who knows nothing about crypto (mainstream), all they will see is it will be safer holding VRC than BTC after this fiasco.  I guess only time will tell...

and to smoothie, I don't see what you are typing because this is all I see:  BTCBTCBTC LEALANA   PHYSICAL BITCOINS AND LITECOINS . 999 FINE SILVER BTCBTCBTC

I don't have to push the ignore button because your 100 font size signature says it all.


-tb-

They will see it safer because rolling back will always be an option? 

[Bitcycle]

I'm looking forward to all the whiny, overly-dramatic losers dumping all their coins.

I'll be buying them, and laughing at the dumpers tomorrow.

 

[Casu]

VRC will be just fine, use it everywhere BTC is accepted...

Why would I want to use VRC (with transactions that can be rolled back) when I can use BTC (with transactions that are final)? Maybe, as you say,  it is safer to hold VRC (as long as it is on a big exchange) over BTC, but it will be worth nothing if you can't spend it because nobody wants to accept it.

[Alphi]

Many people are missing all the team did.

As soon as VeriCoin was alerted they shut off Veri-bit ect and secured the coin from every way possible. Including an unpopular descision to protect its community from a thief. End of Story, VeriCoin is here to stay, and its here to change the way people view crypto. Live with it.

...
Such event only hurt whole crypto reputation and shows how easy you can make rollbacks on demand...
Rollback like this will damage image of All alts...

i agree but the potential fallout of a 2 million dollar hack would have been much worse.
just look at vircurex... nothing is happening on that exchange now because they froze user funds to pay for a similar sized hack.

look at coinmarket.io, cryptorush, mtgox etc Im sure those people got their money back too didn't they

the truth is that users will most likely not get their money back if an exchange folds. you can call all the authorities and sue all you want but if the money isn't there then you wont get it back.. This does not just affect vericoin but every coin that is on mintpal. And of course a crisis in confidence affects all exchanges when one collapses.

the press has barely picked up on this hack.. imagine what will happen when they do.

there is no magic solution.. the damage was done when the coins were stolen... actions being done now are about "restoring peoples money" they are about damage control and trying to stop a wave of hysteria from hitting the altcoin community.

from what I can see there isn't much fud here.. just a whole bunch of people who do not know much about crypto currency and how block chains actually work trying to make sense of the situation and venting their frustration.

the truth is that this attack could have happened to any exchange and any coin... in fact statistically it was due to happen at some point... it is only the scale that caused strong and decisive action from mintpal and the devs.

people have a right to be thankful that swift action was taken.. just as they have a right to be concerned about the dangerous precedent it sets.

people also have a right to be angry at mintpal for claiming they have all these security measures in place and then being proven that those claims were not entirely true.

as far as I am concerned mintpal clearly has not learnt from the collapse of many other exchanges and users should be asking the hard questions of them now.

[Gizfreak]

Got my VRC wallet updated to V1.3.2 and staking again.
I just let it overwrite the former one and I'm fine. Don't understand why it is advised to delete everything except the wallet.dat.

[Alphi]

Got my VRC wallet updated to V1.3.2 and staking again.
I just let it overwrite the former one and I'm fine. Don't understand why it is advised to delete everything except the wallet.dat.

its just cleaner to delete everything and re download the blockchain when there is a hard fork of this magnitude. otherwise you could just have extra files relating to the old chain fork taking up space on your HDD.

keys to your coins are in wallet.dat if you delete that file you delete your access to your coins.

if what you did works and you aren't too worried about files taking up space on your HDD then its all good.

[buy4crypto]

VRC will be just fine, use it everywhere BTC is accepted...

Why would I want to use VRC (with transactions that can be rolled back) when I can use BTC (with transactions that are final)? Maybe, as you say,  it is safer to hold VRC (as long as it is on a big exchange) over BTC, but it will be worth nothing if you can't spend it because nobody wants to accept it.

Everyone here needs to realize that the world isn't familiar with crypto because of things like GOX, ect.

Decentralized, centralized is all a gimmick for paranoid whacka-do's that want to keep this from going mainstream for 1 reason or another. 1 Big reason is if this goes mainstream, Pump and dump groups, and scammers will come under much more scrutiny. Thats why you see all these people here who want the status quo, somehow they benefit from keeping crypto small and out of the mainstream.


If you think the everyday person says to themselves... You know what. I can't buy my tablet... I don't know if the coin is centralized? ARE YOU PEOPLE SERIOUS.

I can't find one person not involved in crypto who even knows what that crap means. This is why it doesn't grow larger, faster. Instead of relating to normal people, Lets talk centralization, cause thats sure to catch peoples interest!



Vericoin wants to use the blockchain to go after a mass audience, not the crypto nuts! There is 1,000 + alts all competing for the same 300-400 million dollars that is being speculated with in the alt market. You are starting to see more lately, instead of communities coming together, they fight for the same money and compete to take each other down, rather than bring them up.

[clovis A.]

I downloaded the new wallet and backed up my wallet.dat file and everything worked; my wallet was runnung fine for about 15 minutes, but is now out of sync.  What do I do at this point?

You dont need to do anything .

Patrick Nosker ‏@pnosker  2
Don't move your coins around on the #VeriCoin network until it is strong. We might need to resync a few times still. #VRC

Thanks, my wallet is back on track and staking again

[blacky90]

Sorry guys but verishit is dead  no one will buy a coin  anymore that a person owns 1/3 of their supply

[GridWorker]

Sorry guys but vericoin is dead no one will buy a coin  anymore that a person owns 1/3 of their supply

July 13th called and said "don't get ahead of yourself".

[dandruff1138]

Sorry guys but vericoin is dead no one will buy a coin  anymore that a person owns 1/3 of their supply

July 13th called and said "don't get ahead of yourself".

Careful! We could go back and change our statement we made on July 13th...

[Casu]

VRC will be just fine, use it everywhere BTC is accepted...

Why would I want to use VRC (with transactions that can be rolled back) when I can use BTC (with transactions that are final)? Maybe, as you say,  it is safer to hold VRC (as long as it is on a big exchange) over BTC, but it will be worth nothing if you can't spend it because nobody wants to accept it.

Everyone here needs to realize that the world isn't familiar with crypto because of things like GOX, ect.

Decentralized, centralized is all a gimmick for paranoid whacka-do's that want to keep this from going mainstream for 1 reason or another. 1 Big reason is if this goes mainstream, Pump and dump groups, and scammers will come under much more scrutiny. Thats why you see all these people here who want the status quo, somehow they benefit from keeping crypto small and out of the mainstream.


If you think the everyday person says to themselves... You know what. I can't buy my tablet... I don't know if the coin is centralized? ARE YOU PEOPLE SERIOUS.

I can't find one person not involved in crypto who even knows what that crap means. This is why it doesn't grow larger, faster. Instead of relating to normal people, Lets talk centralization, cause thats sure to catch peoples interest!



Vericoin wants to use the blockchain to go after a mass audience, not the crypto nuts! There is 1,000 + alts all competing for the same 300-400 million dollars that is being speculated with in the alt market. You are starting to see more lately, instead of communities coming together, they fight for the same money and compete to take each other down, rather than bring them up.

My post has nothing to do with centralization, or the masses caring about it. It's about merchants caring about the roll-backs. If there is a chance of it happening again then why would anyone want to accept VRC as payment? Little Timmy isn't going to buy an iPad because Apple won't want VRC, not because Timmy cares whether it is centralised or not.

[Alphi]

Sorry guys but I am verishit at readng forums  no one will buy a coin  anymore that a person owns 1/3 of their supply

Indeed 

[buy4crypto]

VRC will be just fine, use it everywhere BTC is accepted...

Why would I want to use VRC (with transactions that can be rolled back) when I can use BTC (with transactions that are final)? Maybe, as you say,  it is safer to hold VRC (as long as it is on a big exchange) over BTC, but it will be worth nothing if you can't spend it because nobody wants to accept it.

Everyone here needs to realize that the world isn't familiar with crypto because of things like GOX, ect.

Decentralized, centralized is all a gimmick for paranoid whacka-do's that want to keep this from going mainstream for 1 reason or another. 1 Big reason is if this goes mainstream, Pump and dump groups, and scammers will come under much more scrutiny. Thats why you see all these people here who want the status quo, somehow they benefit from keeping crypto small and out of the mainstream.


If you think the everyday person says to themselves... You know what. I can't buy my tablet... I don't know if the coin is centralized? ARE YOU PEOPLE SERIOUS.

I can't find one person not involved in crypto who even knows what that crap means. This is why it doesn't grow larger, faster. Instead of relating to normal people, Lets talk centralization, cause thats sure to catch peoples interest!



Vericoin wants to use the blockchain to go after a mass audience, not the crypto nuts! There is 1,000 + alts all competing for the same 300-400 million dollars that is being speculated with in the alt market. You are starting to see more lately, instead of communities coming together, they fight for the same money and compete to take each other down, rather than bring them up.

My post has nothing to do with centralization, or the masses caring about it. It's about merchants caring about the roll-backs. If there is a chance of it happening again then why would anyone want to accept VRC as payment? Little Timmy isn't going to buy an iPad because Apple won't want VRC, not because Timmy cares whether it is centralised or not.

Devs said they wouldn't do it again, and they have a call to action for the community right now to stake coins in wallets while they work to be the leader in decentralizing exchanges to prevent this goin forward.

These devs are impressive, if you take time to read how they delt with this. nothing short of amazing. They made me from 98% vericoin supporter to a 100% vericoin Fanboy. I have no intention of any other crypto, not even BTC anymore, way to many people in BTC want to hold it back for whatever reason.

VeriCoin wants to bring more people in, go mainstream. Bitcoin wants to remain niche judging by the words of the ones calling to let the thieves have there way in the name of being a tech purist.

I am going to go with the coin hoping for mainstream adoption with a team dedicated to success and community.

VeriCoin stands for something more than you people give us credit for. The community here is strong, you will see.

[jdebunt]

Small article about the progress :

http://www.cryptoarticles.com/crypto-news/vericoin-advises-users-not-to-move-funds-while-hard-fork-is-still-being-worked-on

Please share so everyone's funds stay safe!

[smalltimer]

"The paypal of crypto."