[ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex

[Cryptoadvice_82]

@dev
After last fork looks like something have been changed in staking, I earn more vtr from staking than before, even more than the 1st wallet.
Seems than newer wallet earn less interest from staking even with a bigger balance

Now interest are related to coin age?

Can explain us how it works now if something have been changed?

Thanks

[dickwhite]

Meh, I was just trying to understand how the incentives work and how much inflation there will be. No need to get defensive or combative. I am entitled to my opinion. Create a moderated thread if you want an echo chamber.

But to be honest, no one seems to really know how the incentives and inflation will work exactly, so I will wait to pass final judgement on it once those details are fully disclosed. I still think that if it works how some of you think it will, then it is unlikely to be as widely adopted as you guys seem to believe.

Nonetheless, I have thrown some change at a few VTR tokens anyways. Good luck to us!

We don't know finer details because they haven't been released yet. What we do know of is the current inflation rate, which hasn't thus far hurt the coin's price, and potential market for this project, which is huge. I'm not trying to be defensive, but you came in here dismissing this project outright without proper research. Sure, you are entitled to your opinion, as misinformed as it is, and I think we've been rather civil considering. This is not an echo chamber. There are long-term hodlers here who are very critical of the dev team's silent approach. But you'd have to read the entire thread to know that. Bullet points just don't do it justice.

For you to say "meh" to a one-of-a-kind technology project tells me you are a speculator only interested in short-term profits. And that's fine. But I think there's more money to be made in moonshot projects like this, and the reason I bought in early.

We are all waiting for torrents functionality to be released to further evaluate our participation. I suggest you do the same with an open mind.

[dickwhite]

@dev
After last fork looks like something have been changed in staking, I earn more vtr from staking than before, even more than the 1st wallet.
Seems than newer wallet earn less interest from staking even with a bigger balance

Now interest are related to coin age?

Can explain us how it works now if something have been changed?

Thanks

We've switched to Blackcoin's POS 3.0 scheme, currently the most secure POS implementation:
https://bravenewcoin.com/assets/Whitepapers/Blackcoin-POS-3.pdf
Basically involves removal of coin age factor with its several attack vectors. It's replaced with a fixed block reward proportional to the outstanding supply. It's a more consistent release of coins divided amongst the stakers -- less stakers means higher individual block reward. This incentivizes active nodes thus providing better security to the network. Also introduces some cool new features like multi-signature and cold staking. Annual interest is still 5%. You're earning less because difficulty has increased; more stakers are now online competing to solve blocks. That would have happened with the old wallets as well.

[mishax1]

Magnetico: A Personal Torrent Search Engine That Can’t Be Shut Down

[CoinHoarder]

The "meh" was directed at the ad hominem that was (and still is) being directed at me. Calling me lazy, misinformed, only interested in short term profits, etc... is this how you guys treat new community members? Some sort of hazing?  

Sure, you are entitled to your opinion, as misinformed as it is
...
For you to say "meh" to a one-of-a-kind technology project tells me you are a speculator only interested in short-term profits.

It looks as if I am not misinformed, as no one knows exactly how the incentives will work. As far as how the incentives work, I know as much as you guys do... nothing.

We don't know finer details because they haven't been released yet.
...
you came in here dismissing this project outright without proper research.

Contradict yourself much? There is nothing to research, as the details are unknown. You want me to read 213 forum pages to look for something that doesn't exist? I value my time much more than that.


If you knew me (which you don't), then you would know I am less interested in short term profits, and more interested in cryptocurrencies that can grow over a long period of time. Generally, I buy and hold cryptocurrencies for years, so that makes you no better than I. You cannot insult me based on something you admit to doing yourself.

I think there's more money to be made in moonshot projects like this, and the reason I bought in early.

[CoinHoarder]

Magnetico: A Personal Torrent Search Engine That Can’t Be Shut Down

That is cool, but I would not utilize any tracker service (decentralized or not) that does not have the ability to rate torrents and uploaders. That is just asking for a virus, and there would be a lot of bandwidth wasting downloading low quality content.

[coins101]

..Nonetheless, I have thrown some change at a few VTR tokens anyways. Good luck to us!

Cool, got to use that twice in one day.

Challenge is good. Less of the 'doomed' thing and more of the: Devs, do it like this, or why don't you think about doing that.

[dickwhite]

The "meh" was directed at the ad hominem that was (and still is) being directed at me. Calling me lazy, misinformed, only interested in short term profits, etc... is this how you guys treat new community members? Some sort of hazing?  

Sure, you are entitled to your opinion, as misinformed as it is
...
For you to say "meh" to a one-of-a-kind technology project tells me you are a speculator only interested in short-term profits.

It looks as if I am not misinformed, as no one knows exactly how the incentives will work. As far as how the incentives work, I know as much as you guys do... nothing.

We don't know finer details because they haven't been released yet.
...
you came in here dismissing this project outright without proper research.

Contradict yourself much? There is nothing to research, as the details are unknown. You want me to read 213 forum pages to look for something that doesn't exist? I value my time much more than that.


If you knew me (which you don't), then you would know I am less interested in short term profits, and more interested in cryptocurrencies that can grow over a long period of time. Generally, I buy and hold cryptocurrencies for years, so that makes you no better than I. You cannot insult me based on something you admit to doing yourself.

I think there's more money to be made in moonshot projects like this, and the reason I bought in early.

Well I'm not going to waste anymore time educating you, as you're now twisting my words to paint yourself a victim. Good luck on your investment.

[Pickleninja]

Great work so far devs... but what now?

If you want us to shut up and sit tight, just say:

"Things are going good... shutup."

And we'll stop bugging you for at least a week

-pickle

[leigh2k14]

Dear all,

We have been monitoring the network and working with Bittrex to make sure there will be no issues and no coins will be lost during the hardfork.

I am pleased to inform you all that everything went smoothly and we have successfully switched the vTorrent network from Protocol v1 (80014 in 0.7.x) to v2 (80016 in 0.8.x) that took place on block 1,200,000.

As promised, new client with major upgrades is coming soon, it is still being worked on since there are some thread-related bugs causing the client to crash on certain conditions.

Regards,
vTorrent

That was Jan 3rd

Dear all,

Thanks to coins101 and community for support and suggestions.

Riot chat will be implement natively to vTorrent soon, please PM me if anyone wants to help out testing the Riot chat and I will send out beta wallet with Riot enabled as soon as it is ready.

Regards,
vTorrent

That was Jan 8th

It's now April 11th

What's the score dev?

[Warren.Buffet]

Will the dev please give an update?

[sluggo]

Will the dev please give an update?

Warren Buffet investing in vtorrent confirmed.

[ALCTEC]

Will the dev please give an update?

Update is the website and it says you can download 0.8.2.1 soon.

You may now proceed to inject 1 billion dollars into this bad boy.

[leigh2k14]

Will the dev please give an update?

Warren buffet, just buy up the sell wall for us. 

[hughbt]

Can dev deny/confirm that twitter guy - @AgentSoft is a part of vtorrent team (as he is claiming)? He became quite popular and if he is spreading fake news then he is hurting this coin.

[nolispui]

@dev ?

[target]

Value of this coin had increased significantly. I saw how this started, if I was a bag holder I'm already filthy rich. One reason why i didn't invest was that there was no website created for them so it feels like the dev isn't so serious. How did this coin grew, what development had it achieved so far, fill me please.

[leigh2k14]

Dear all,

We have been monitoring the network and working with Bittrex to make sure there will be no issues and no coins will be lost during the hardfork.

I am pleased to inform you all that everything went smoothly and we have successfully switched the vTorrent network from Protocol v1 (80014 in 0.7.x) to v2 (80016 in 0.8.x) that took place on block 1,200,000.

As promised, new client with major upgrades is coming soon, it is still being worked on since there are some thread-related bugs causing the client to crash on certain conditions.

Regards,
vTorrent

That was Jan 3rd

Dear all,

Thanks to coins101 and community for support and suggestions.

Riot chat will be implement natively to vTorrent soon, please PM me if anyone wants to help out testing the Riot chat and I will send out beta wallet with Riot enabled as soon as it is ready.

Regards,
vTorrent

That was Jan 8th

It's now April 11th

What's the score dev?

Don't ignore us dev. You no like money? You no want toes licked by five Tai virgins?

Where's our wallet!

[CoinHoarder]

..Nonetheless, I have thrown some change at a few VTR tokens anyways. Good luck to us!

Cool, got to use that twice in one day.

Thanks

[DogTheHunter]

..Nonetheless, I have thrown some change at a few VTR tokens anyways. Good luck to us!

Cool, got to use that twice in one day.

Thanks

All are welcome. The more the better!