[ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★

[IanFoxley]

It's an A2 miner with 4 blades, I have it about 6 months.
The first months it was very profitable, it took about 4 months to ROI.
Now I'm happy when I get net. 0.66 BTC/month with it, mainly because I'm not looking for the most profitable coin.
With VIA it is even less at the moment, but I expect the price to go up in the future.
Anyway mining is just a fun thing, you won't get rich with it, with trading you can earn a lot more.

I really have no idea about the mining token reward.

ok, ASIC scrypt miners, have you heard of neoscrypt ? I thinking Genesis Mining could utilize it before long but I don't know if  they use GPU scrypt miners. If i was going to mine from home that's what I'd be looking at.

The thinking behind the Via mining reward token is basically to reward Viacoin miners so if you mine Viacoin you can earn Viamine tokens not sure how the proof of mine would be possible for home miners though, maybe via a pool or something .    

GM had quite large GPU farms before buying ASICs, but I think the GPUs will be used for the X11 contracts they will be starting soon.

[karmala]

It's an A2 miner with 4 blades, I have it about 6 months.
The first months it was very profitable, it took about 4 months to ROI.
Now I'm happy when I get net. 0.66 BTC/month with it, mainly because I'm not looking for the most profitable coin.
With VIA it is even less at the moment, but I expect the price to go up in the future.
Anyway mining is just a fun thing, you won't get rich with it, with trading you can earn a lot more.

I really have no idea about the mining token reward.

ok, ASIC scrypt miners, have you heard of neoscrypt ? I thinking Genesis Mining could utilize it before long but I don't know if  they use GPU scrypt miners. If i was going to mine from home that's what I'd be looking at.

The thinking behind the Via mining reward token is basically to reward Viacoin miners so if you mine Viacoin you can earn Viamine tokens not sure how the proof of mine would be possible for home miners though, maybe via a pool or something .    

GM had quite large GPU farms before buying ASICs, but I think the GPUs will be used for the X11 contracts they will be starting soon.

this also a quite intresting source for cloud mining earnings http://www.cryptocurrencyminingreport.com/

[PilotofBTC]

All of these smart contract type of implementations, and no one is tackling the most important aspect. Building adoption for crypto currencies by utilizing social networks. When the average internet user sees this, they will be so overwhelmed and probably not even get into crypto at all. We need to focus on gaining crypto adoption before just jumping right to the next gen implementations. We need a social network implementation that allows us to spend crypto on facebook...

do you know the multicoin tipping app on facebook? Do you know changetip for youtube, twitter and co? I think we need both worlds. Bitcoin as the first app and the development of new apps.

There's also Viacoin tipping on Twitter https://twitter.com/tipvia

That's very cool.

[btcdrak]

There is also a reddit tip bot http://www.reddit.com/r/tipvia/wiki/index

[PilotofBTC]

the private key is bip38 encrypted

Ah yes, I just saw that in their faq section. Very clever

I rather like these batter.

https://www.cryobit.co/cold-storage-products/cryo-card/

You should be able to provide a Viacoin PK and bip38 encrypted pk as well.

thanks for informing that.
wait for anyone to test?

If they were more like $10-$12 I would get a few (bitcoin, viacoin ones). But, for $30 not so much. For something I can print on paper then go to Office Depot and have them laminate it for a few bucks. Granted, it won't be acid and fire proof, but you can take a picture of a bip38 encrypted paper wallet and store it in the cloud without worry. Also, you can print multiple copies of a paper wallet and store one at work, or friends house as a back up.

[karmala]

the private key is bip38 encrypted

Ah yes, I just saw that in their faq section. Very clever

I rather like these batter.

https://www.cryobit.co/cold-storage-products/cryo-card/

You should be able to provide a Viacoin PK and bip38 encrypted pk as well.

thanks for informing that.
wait for anyone to test?

If they were more like $10-$12 I would get a few (bitcoin, viacoin ones). But, for $30 not so much. For something I can print on paper then go to Office Depot and have them laminate it for a few bucks. Granted, it won't be acid and fire proof, but you can take a picture of a bip38 encrypted paper wallet and store it in the cloud without worry. Also, you can print multiple copies of a paper wallet and store one at work, or friends house as a back up.

woodwallets will be 15$ on friday.

[l.crypto]

https://i.imgur.com/otShOds.jpg

I'm posting this here because in my opinion the VIA community could use some more "fun". I know that memes usually have a trollish touch, but when they're good they get shared a lot on social platforms like Twitter, Facebook, whatever. They receive attention. They engage people. Dogecoin probably is the best example for this viral power and while it was surely a lucky strike, the lesson to be learned here is that any PR is good PR.

I think it's another good way to further create some awareness and engagement that I haven't seen leveraged so far with VIA at all. Just my 2 cents

[chompyZ]

Hi guys, girls,

I'm hereby offering a 1,000 VIA bounty for whoever makes what BCT viacoin members think is the best YouTube 'ELI5 - How To Tip Viacoin on twitter for the absolute newbie'.
https://twitter.com/tipvia

The deadline is: 29/12 at 17:00 GMT
The reason for this date: I'd like it to be ready for the new-year's eve and be able to tip people along with the video, so they can tip their friends.

EDIT: I dropped the deadline; lets just do it...

[btcdrak]

The planned hard fork transitioned successfully today at block 451,000 at around 09:17 UTC

Block 451000 Hash: a96fc110c0b33be44b621bf6284c6051ccd21f6749b3965fcaf909c8bb674ff5
Block 451001 Hash: bf0132854c23e92dd440d1bb5e7cbaa2b0e21a2cac556c33774976e4818eb2f7
Block 451100 Hash: f4ac3e51fe924e0bb10de39ebba9d008d94325ba72ab32153609e5aec33e8103
Block 451200 Hash: 0c1522be7661881389f0c137c0315f79b12ed799c1f682ead5c9ab8a889d0cdf
Block 451400 Hash: 0cf1ae40bea42743f3aa64c4180618b9c6d442af9e70cb98e0865ba988ad5d21

It is now compulsory to run Viacoin Core 0.10.5, no other versions will synchronize.
If you mine with a mining pool, please make sure they have upgraded.

[esotericizm]

The planned hard fork transitioned successfully today at block 451,000 at around 09:17 UTC

Block 451000 Hash: a96fc110c0b33be44b621bf6284c6051ccd21f6749b3965fcaf909c8bb674ff5
Block 451001 Hash: bf0132854c23e92dd440d1bb5e7cbaa2b0e21a2cac556c33774976e4818eb2f7
Block 451100 Hash: f4ac3e51fe924e0bb10de39ebba9d008d94325ba72ab32153609e5aec33e8103
Block 451200 Hash: 0c1522be7661881389f0c137c0315f79b12ed799c1f682ead5c9ab8a889d0cdf
Block 451400 Hash: 0cf1ae40bea42743f3aa64c4180618b9c6d442af9e70cb98e0865ba988ad5d21

It is now compulsory to run Viacoin Core 0.10.5, no other versions will synchronize.
If you mine with a mining pool, please make sure they have upgraded.

Nice job on the smooth fork.

Have you guys considered merged mining at all? I know you literally just hard forked but I really think merged mining is going to be the future for many altcoins as its just far too hard to consolidate enough hash to properly secure a network. I also feel that if you got in early enough it would benefit Viacoin as being one of the pioneers of the tech. From what I know of btcdrak he certainly has the skills to pull it off and put viacoin in the spotlight.

[karmala]

The planned hard fork transitioned successfully today at block 451,000 at around 09:17 UTC

Block 451000 Hash: a96fc110c0b33be44b621bf6284c6051ccd21f6749b3965fcaf909c8bb674ff5
Block 451001 Hash: bf0132854c23e92dd440d1bb5e7cbaa2b0e21a2cac556c33774976e4818eb2f7
Block 451100 Hash: f4ac3e51fe924e0bb10de39ebba9d008d94325ba72ab32153609e5aec33e8103
Block 451200 Hash: 0c1522be7661881389f0c137c0315f79b12ed799c1f682ead5c9ab8a889d0cdf
Block 451400 Hash: 0cf1ae40bea42743f3aa64c4180618b9c6d442af9e70cb98e0865ba988ad5d21

It is now compulsory to run Viacoin Core 0.10.5, no other versions will synchronize.
If you mine with a mining pool, please make sure they have upgraded.

Nice job on the smooth fork.

Have you guys considered merged mining at all? I know you literally just hard forked but I really think merged mining is going to be the future for many altcoins as its just far too hard to consolidate enough hash to properly secure a network. I also feel that if you got in early enough it would benefit Viacoin as being one of the pioneers of the tech. From what I know of btcdrak he certainly has the skills to pull it off and put viacoin in the spotlight.

Absolutely no doubt! This is the way to go. We could need the extra hash as an additional selling point for clearinghouse. Think how it benefited doge. This is the way to go imo

Merge mine VIA

[btcdrak]

Have you guys considered merged mining at all? I know you literally just hard forked but I really think merged mining is going to be the future for many altcoins as its just far too hard to consolidate enough hash to properly secure a network. I also feel that if you got in early enough it would benefit Viacoin as being one of the pioneers of the tech. From what I know of btcdrak he certainly has the skills to pull it off and put viacoin in the spotlight.

I would not object to it. Competing for scrypt hash power is not ideal and reduces overall network security. Given the rise of scrypt ASICs now it means scrypt mining requires specialised hardware so having a decent share of the total available scrypt mining power will improve network security no end. We decided against launching with merged mining because bootstrapping is much more risky. Now viacoin is more established and we have several large pools that already mine via and also have merged mining support, means we could make a planned transition.

TLDR; Without merged mining, hash rate is directly proportional to price and dissipated across all coins competing for the same PoW. Competing for miners dilutes security. Once a PoW has ASICs then security is proportional to who owns what ASICs and you no longer need to worry about generic hardware (like botnets which in CPU PoW can easily gain 51%).

The next factor is scrypt ASICs do not provide orders of magnitude in efficiency as sha256 and therefore it's a lot less scary when things scale up from non-merged-mining to merged mining. It also means that once you have a decent hash rate it's harder to be attacked by other scrypt miners since the cost is non-trivial and the necessary hardware is always scarce.

We've seen two coins recently successfully fork to merged mining and are now at levels which would make it very difficult for an attack. Overall scrypt pools are a lot more diverse than bitcoin which has 2 or 3 major pools only which is less than ideal for merged mining security.

The major risk with merged mining applies to sidechains because there is a strong financial incentive to double spend the sidechain. But for non-sidechains, the risk is really more to do with bootstrapping during a period when there isnt much miner diversity and major hash rate is coming from one or two pools (and assuming they want to hurt the coin). While an attack by a malicious pool is free of cost it is infeasible if there is pool diversity because they dont have majority anyway. Compare that with sha256 where one pool maybe orders of magnitude more powerful than the entire non-merged mined network hashrate, and unless all major pools also merge mined, then that one pool would still have majority rule. Conversely with scrypt, pool diversity is greater and it is much harder, if not infeasible for one pool to maliciously attack a merged mined coin.

We can certainly experiment on testnet. I would like much more community discussion on the matter though.

[btcdrak]

Is the risk with sidechains theoretical and if so would treechains eliminate it in theory ?

Treechains would solve mining centralization and therefore make mining distribution much more fair because everyone can solomine. That's the theory, we'll see how it actually manifests in good time.

[karmala]

Is the risk with sidechains theoretical and if so would treechains eliminate it in theory ?

Treechains would solve mining centralization and therefore make mining distribution much more fair because everyone can solomine. That's the theory, we'll see how it actually manifests in good time.

Yes, I remember hearing something about that now and sidechains would favor centralized mining. I would imagine Charles Lee is interested in treechains has anybody asked him, do you know?

lol ying, lets keep it first for via. There was an exelant dev hired to research and develop it for via. Its open source anyway.

[l.crypto]

Since I think we are still looking for an "accepted here" Viacoin logo/button, here a merged version of the logos Drak posted and the concept that Yingsena submitted. Everybody please feel free to modify or enhance it!


bright polished:

https://i.imgur.com/FFpg3F6.png


darker polished:

https://i.imgur.com/0HS1NSs.png


bright polished with "gold" as example:

https://i.imgur.com/wr07rWB.png


As a reminder/quick reference:

Draks "pure" version:
https://bitcointalk.org/index.php?topic=699278.msg9446431#msg9446431

Yingsenas version:
https://bitcointalk.org/index.php?topic=699278.msg9448968#msg9448968

[advanced]

https://woodwallets.io/


Protect your Viacoin on BIP38 cold-storage wooden cards - 50% blackfriday deal

A Woodwallet is a secure mean for storing Bitcoins and other cryptos offline as a physical object.  Learn more about woodwallets or get your own keys engraved on a wooden piece of design now, like the ones we gave to Andreas, Jon Matonis and Coblee.

Your private key is protected with a passphrase : no one can spend your coins without it. BIP38 adds an additional security layer on top of bitcoin, making it a 2-factor authentication layer for bitcoin wallets: you must combine something that you have (the woodwallet) with something that you know (the passphrase).


Get a woodwallet to :

✔ Protect your digital assets
✔ Delight your customers with a beautiful  perk
✔ Educate your friends and family to security best practices
✔ Kick-off conversations about cryptos
✔ Customise one for members your local community/organisation

original thread : https://bitcointalk.org/index.php?topic=638832.0

https://woodwallets.io/

[needypoo]

Hey guys, 33% off all hot sauce using the code BLKFRDY ! https://www.pexpeppers.com and i DO accept VRC !

[helloge]

what's going on about the price of via,
almost double !!crazy.

[fox19891989]

what's going on about the price of via,
almost double !!crazy.

? Double?

[fox19891989]

Hey guys, 33% off all hot sauce using the code BLKFRDY ! https://www.pexpeppers.com and i DO accept VRC !

VRC? or VIA?