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Author Topic: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source  (Read 415055 times)
volyova
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November 13, 2015, 07:17:56 PM
 #1581

AMA with Gary Le, half of the former Zerovert team:
https://forum.bitcoin.com/ama-ask-me-anything/i-m-gary-le-co-founder-of-moneta-the-world-s-first-implementation-of-zerocoin-ama-t2408.html

Apparently he and Poramin are preparing to launch their new version of zerocoin,
Hey thanks, man!
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November 21, 2015, 10:04:17 AM
 #1582

Can some dev contact me?

Code:
2015-11-21 09:41:28 init message: Loading addresses...
2015-11-21 09:41:28 ERROR: CAddrman::Read() : open failed
2015-11-21 09:41:28 Invalid or missing peers.dat; recreating
2015-11-21 09:41:28 Loaded 0 addresses from peers.dat  0ms
2015-11-21 09:41:28 Error: Error loading wallet.dat: Wallet corrupted

New compiled vertcoind aemon on Debian Jessie!

Exoskeleton
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November 21, 2015, 07:23:49 PM
 #1583

@jamesl22 Hello!

What's the status of Elasticity project?

Best regards

I never really liked the idea of "Elasticity". It would be too easy for whales to manipulate the market. And what exchange would you use to dictate what the "price of the coin" is. You would have to put it in the code, and what if that/those exchanges got shut down or stopped working with that code...

I don't feel like getting into it now because it involves somewhat complex economics but I say the way a coin is distributed should never change once launched. Hashing algo is another thing altogether, and I'm proud of how the Devs did a good job of squashing that botnet in good time.
tankist0
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November 25, 2015, 07:54:06 AM
 #1584

Hello Vertguys, is it possible to mine with cpu nowadays? And what software are you using? I know, my question sounds crazy, but still  Grin
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November 25, 2015, 02:29:24 PM
 #1585

Hello Vertguys, is it possible to mine with cpu nowadays? And what software are you using? I know, my question sounds crazy, but still  Grin

Since lyra2rev2, no longer: too much advantage for the gpus. Well, technically you still can, try tpruvot cpuminer.

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November 26, 2015, 03:30:49 PM
 #1586

Since lyra2rev2, no longer: too much advantage for the gpus. Well, technically you still can, try tpruvot cpuminer.

Thanks for the answer. Increased gap between cpu & gpu performance in actually good news, recalling the fact that previous algorithm was heavily utilized by cpu botnet )) Concerning the tpruvot - it appears I need to compile the latest github source to check the lyra2rev2 performance, as released version doesn't seem to support it.
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December 02, 2015, 11:11:00 AM
 #1587

This coin still has an active dev right? Smiley

Buy high and sell low
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December 02, 2015, 04:42:40 PM
 #1588

@jamesl22 Hello!

What's the status of Elasticity project?

Best regards

I never really liked the idea of "Elasticity". It would be too easy for whales to manipulate the market. And what exchange would you use to dictate what the "price of the coin" is. You would have to put it in the code, and what if that/those exchanges got shut down or stopped working with that code...

I don't feel like getting into it now because it involves somewhat complex economics but I say the way a coin is distributed should never change once launched. Hashing algo is another thing altogether, and I'm proud of how the Devs did a good job of squashing that botnet in good time.

I tend to agree that I don't like the idea of elasticity or changing coin emission in general after launch, but, from what I understand, the change in coin emission wouldn't be related to the price, but more to the network, I think. So, if hash rate was increasing rapidly, then more coins would be emitted and if it was going down then less, I think, or vice versa. I was just under the impression that it would be hashrate dependent not price.
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December 03, 2015, 03:01:51 AM
 #1589

@jamesl22 Hello!

What's the status of Elasticity project?

Best regards

I never really liked the idea of "Elasticity". It would be too easy for whales to manipulate the market. And what exchange would you use to dictate what the "price of the coin" is. You would have to put it in the code, and what if that/those exchanges got shut down or stopped working with that code...

I don't feel like getting into it now because it involves somewhat complex economics but I say the way a coin is distributed should never change once launched. Hashing algo is another thing altogether, and I'm proud of how the Devs did a good job of squashing that botnet in good time.

I tend to agree that I don't like the idea of elasticity or changing coin emission in general after launch, but, from what I understand, the change in coin emission wouldn't be related to the price, but more to the network, I think. So, if hash rate was increasing rapidly, then more coins would be emitted and if it was going down then less, I think, or vice versa. I was just under the impression that it would be hashrate dependent not price.

It would be better if it was hashrate dependant and that the emission is lower if the hashrate increase.
Exoskeleton
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December 03, 2015, 08:36:03 AM
 #1590

@jamesl22 Hello!

What's the status of Elasticity project?

Best regards

I never really liked the idea of "Elasticity". It would be too easy for whales to manipulate the market. And what exchange would you use to dictate what the "price of the coin" is. You would have to put it in the code, and what if that/those exchanges got shut down or stopped working with that code...

I don't feel like getting into it now because it involves somewhat complex economics but I say the way a coin is distributed should never change once launched. Hashing algo is another thing altogether, and I'm proud of how the Devs did a good job of squashing that botnet in good time.

I tend to agree that I don't like the idea of elasticity or changing coin emission in general after launch, but, from what I understand, the change in coin emission wouldn't be related to the price, but more to the network, I think. So, if hash rate was increasing rapidly, then more coins would be emitted and if it was going down then less, I think, or vice versa. I was just under the impression that it would be hashrate dependent not price.

It would be better if it was hashrate dependant and that the emission is lower if the hashrate increase.

Is this not what the diff adjustments built into almost all coins is for. Correct me if I'm wrong, but the difficulty adjustment, as currently configured,  does this already by keeping the coin output stable as the hashrate rises.

This is ideal as far as I'm concerned because it gives a solid timeframe of distribution. Combined with the block halving this gives a gradual and fair distribution method that is predictable and stable. I say don't fix what isn't broke.

Besides, it looks like coding for this feature has come to a stop. I say we should let it die. The coin is strong as is. If we keep bringing this up and never follow through on it, it makes the dev team look really weak and the coin seem unfinished.
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December 03, 2015, 02:36:31 PM
 #1591

Hi,

We'ved added VTC to the miners multipool: www.zpool.ca

Cheers!

jwinterm
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December 03, 2015, 02:48:20 PM
 #1592

...

Besides, it looks like coding for this feature has come to a stop. I say we should let it die. The coin is strong as is. If we keep bringing this up and never follow through on it, it makes the dev team look really weak and the coin seem unfinished.

Let us never speak of elasticity again... Tongue
ltcgearscammed
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December 06, 2015, 06:37:10 PM
Last edit: January 10, 2020, 01:04:41 PM by ltcgearscammed
 #1593

Blank
djnocide
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December 06, 2015, 10:15:33 PM
 #1594

...

Besides, it looks like coding for this feature has come to a stop. I say we should let it die. The coin is strong as is. If we keep bringing this up and never follow through on it, it makes the dev team look really weak and the coin seem unfinished.

Let us never speak of elasticity again... Tongue

Guys, what was elasticity in the first place? I tried to find a whitepaper or a statement or something about it, but never managed to get on it. Plus why aren't the devs posting anything about the course of their developement?

https://vertcoin.org/wp/ann-vertcoin-elasticity/
Exoskeleton
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December 07, 2015, 08:39:56 AM
 #1595


Guys, what was elasticity in the first place? I tried to find a whitepaper or a statement or something about it, but never managed to get on it. Plus why aren't the devs posting anything about the course of their developement?


I don't think the devs are doing too much these days and it suits me quite fine. In my opinion the coin is well built and strong as is. We have all the features we need in a truly ASIC/botnet/exploit resistant coin here, no pre-mine, and a fair start with a great well distributed release. Its GPU friendly which is where Bitcoin and later Litecoin got their start and solid user base.

When a CPU botnet came online a few months ago the user base discovered it quickly and we did a hard fork to squash it cold. This all happened in the course of a month or two. That is the devs coming through strong where it counts, and that is what matters to me personally. Also, the fact that someone took the time to make such a powerful botnet shows that there is a true interest in this coin.

As far as I am concerned the coin is perfect as it stands for now. No more development is needed. All we need is to watch out for exploits and crush them out of the hashing algo. I don't see many more coming up, ever. I think the lack of "development" is overblown. If true development is needed, people in this community will step up quick.

pallas
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December 07, 2015, 09:18:58 AM
 #1596


Guys, what was elasticity in the first place? I tried to find a whitepaper or a statement or something about it, but never managed to get on it. Plus why aren't the devs posting anything about the course of their developement?


I don't think the devs are doing too much these days and it suits me quite fine. In my opinion the coin is well built and strong as is. We have all the features we need in a truly ASIC/botnet/exploit resistant coin here, no pre-mine, and a fair start with a great well distributed release. Its GPU friendly which is where Bitcoin and later Litecoin got their start and solid user base.

When a CPU botnet came online a few months ago the user base discovered it quickly and we did a hard fork to squash it cold. This all happened in the course of a month or two. That is the devs coming through strong where it counts, and that is what matters to me personally. Also, the fact that someone took the time to make such a powerful botnet shows that there is a true interest in this coin.

As far as I am concerned the coin is perfect as it stands for now. No more development is needed. All we need is to watch out for exploits and crush them out of the hashing algo. I don't see many more coming up, ever. I think the lack of "development" is overblown. If true development is needed, people in this community will step up quick.



true.
but the "as little development as possible" coin is bitcoin.
the altcoins are supposed to innovate, otherwise there is no reason for them to exist.
that's my opinion ;-)

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December 08, 2015, 12:18:15 AM
 #1597

what do i have to do to get this wallet to work here i have the qt running but it says no block source and yes downloaded newest wallet just dont know what i need to compile/make it work....any help would be great using windows...thanks in advance Grin
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December 08, 2015, 12:36:06 AM
Last edit: December 08, 2015, 12:47:07 AM by woody91
 #1598

what do i have to do to get this wallet to work here i have the qt running but it says no block source and yes downloaded newest wallet just dont know what i need to compile/make it work....any help would be great using windows...thanks in advance Grin

You might need to put some addnode lines in a .conf file.

If it doesn't exist already create a vertcoin.conf file and place it in C:\Users\yourName\AppData\Roaming\Vertcoin directory.  Replace yourName with your computer's windows account name. Write the following line into your .conf file and save the file.

addnode=87.236.196.77


If that doesn't work read through the pages of this thread starting from this one backwards until you find posts with lines of code like

addnode=

Copy the code into the file with a .conf extension in your vertcoin wallet folder until your wallet starts to sync.
kold678
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December 08, 2015, 05:51:40 AM
 #1599

ive looked through about 20 pages and the op and nothing working out for me can anyone post there config file for me ..got a lot of vert i want outta cryptsy ..
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December 08, 2015, 03:21:53 PM
 #1600

New Vertcoin price ticker for Chrome if anyone is interested.
It displays the price of VTC-BTC for Poloniex, Bittrex, Cryptsy, and Bter.

Link to Chrome Store
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