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Author Topic: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source  (Read 414283 times)
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November 11, 2016, 11:31:22 AM
 #2401

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .
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November 11, 2016, 02:02:38 PM
 #2402

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

Poramin didn't make Zcash (or Zcoin). His former professor at Johns Hopkins, Matthew Green, is an author on both of the papers describing these protocols ( http://zerocoin.org/media/pdf/ZerocoinOakland.pdf and http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf ), Poramin Insom is not. The creator of vertcoin (Poramin) implemented zerocoin, first in a closed source scam called Zerovert, and now later in a hugely instamined coin called Zcoin. He is unaffiliated with Zcash (which is also scammy) afaik.
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November 11, 2016, 02:12:47 PM
 #2403

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex

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etang6000
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November 11, 2016, 05:03:15 PM
 #2404

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

Poramin didn't make Zcash (or Zcoin). His former professor at Johns Hopkins, Matthew Green, is an author on both of the papers describing these protocols ( http://zerocoin.org/media/pdf/ZerocoinOakland.pdf and http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf ), Poramin Insom is not. The creator of vertcoin (Poramin) implemented zerocoin, first in a closed source scam called Zerovert, and now later in a hugely instamined coin called Zcoin. He is unaffiliated with Zcash (which is also scammy) afaik.

Ah, I was getting zcoin and zcash mixed up . I stand corrected
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November 11, 2016, 05:04:10 PM
 #2405

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex
You think vertcoin is going to delisted from polo ?
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November 11, 2016, 06:24:02 PM
 #2406

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex
You think vertcoin is going to delisted from polo ?
If we were gonna get delisted, it would have been done months ago when all the other shitcoins got delisted.
Maybe in the future, who knows but i sure hope not
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November 11, 2016, 06:31:51 PM
 #2407

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex
You think vertcoin is going to delisted from polo ?
If we were gonna get delisted, it would have been done months ago when all the other shitcoins got delisted.
Maybe in the future, who knows but i sure hope not

polo next delist purge can come any time now ... i think this month or dec ... they use to delist coins every 3-6 months
etang6000
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November 11, 2016, 07:53:27 PM
 #2408

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex
You think vertcoin is going to delisted from polo ?
If we were gonna get delisted, it would have been done months ago when all the other shitcoins got delisted.
Maybe in the future, who knows but i sure hope not

polo next delist purge can come any time now ... i think this month or dec ... they use to delist coins every 3-6 months
I doubt they would delist vtc. There are times every couple months where the volume is pretty high.
etang6000
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November 12, 2016, 12:25:37 AM
 #2409

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex
You think vertcoin is going to delisted from polo ?
If we were gonna get delisted, it would have been done months ago when all the other shitcoins got delisted.
Maybe in the future, who knows but i sure hope not

polo next delist purge can come any time now ... i think this month or dec ... they use to delist coins every 3-6 months
I doubt they would delist vtc. There are times every couple months where the volume is pretty high.
Anyone have a compiled ccminer for a 1050 ti for Windows?
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November 12, 2016, 12:34:21 AM
 #2410

volumen is one of the most important criterion poloniex, is another's definitely development and view of the future. 2 years, there is no position group, if any.

so please Discuss efficiently, because soon we will trade vrt on yobit: D

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

zcash goes to the correct supply only, so the price quickly drops. Miners went where the money. Vertcoin any added value for 2 years, a year and will be typing to delist poloniex
You think vertcoin is going to delisted from polo ?
If we were gonna get delisted, it would have been done months ago when all the other shitcoins got delisted.
Maybe in the future, who knows but i sure hope not

polo next delist purge can come any time now ... i think this month or dec ... they use to delist coins every 3-6 months
I doubt they would delist vtc. There are times every couple months where the volume is pretty high.

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felix18yu
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November 12, 2016, 11:17:47 AM
 #2411

does anyone know why the price VTC exploded last year in June?
Thanks

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etang6000
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November 12, 2016, 02:32:39 PM
 #2412

does anyone know why the price VTC exploded last year in June?
Thanks

Chinese pump
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November 12, 2016, 02:49:41 PM
 #2413

does anyone know why the price VTC exploded last year in June?
Thanks

Chinese pump

Vertcoin and most of the old altcoins that had a big pump in 2014 seemed to get pumped again last year in June. Mintcoin got pumped despite not having a dev. It might have been due to Chinese pumpers. Whoever was responsible must have been quietly acquiring all the coins before they did those pumps.
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November 13, 2016, 02:32:34 PM
 #2414

does anyone know why the price VTC exploded last year in June?
Thanks

Chinese pump

Vertcoin and most of the old altcoins that had a big pump in 2014 seemed to get pumped again last year in June. Mintcoin got pumped despite not having a dev. It might have been due to Chinese pumpers. Whoever was responsible must have been quietly acquiring all the coins before they did those pumps.
This one wont be a chinese one, todays total volume is only 5% chinese.
Most of the volume is from Polo nowadays
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November 14, 2016, 02:07:35 PM
 #2415

does anyone know why the price VTC exploded last year in June?
Thanks

Chinese pump

Vertcoin and most of the old altcoins that had a big pump in 2014 seemed to get pumped again last year in June. Mintcoin got pumped despite not having a dev. It might have been due to Chinese pumpers. Whoever was responsible must have been quietly acquiring all the coins before they did those pumps.
This one wont be a chinese one, todays total volume is only 5% chinese.
Most of the volume is from Polo nowadays
I too, have witnessed the awesome power of the Chinese markets. On their last pump of Vert, I noticed that the 24hr trade volume on VTC was over half a million pounds. These pathetic Polo pumps aren't even worth tuning into :-/
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November 14, 2016, 04:17:39 PM
 #2416

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

Poramin didn't make Zcash (or Zcoin). His former professor at Johns Hopkins, Matthew Green, is an author on both of the papers describing these protocols ( http://zerocoin.org/media/pdf/ZerocoinOakland.pdf and http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf ), Poramin Insom is not. The creator of vertcoin (Poramin) implemented zerocoin, first in a closed source scam called Zerovert, and now later in a hugely instamined coin called Zcoin. He is unaffiliated with Zcash (which is also scammy) afaik.

The closed source 'scam' is explained here:

Quote
When Zerovert was launched in November 2014, it was primarily an experiment and we didn't have any investor backing. We still wanted to protect our work and thus our only choice at that time was to make Zerovert closed source so that it could not be copied. However we quickly realized that in the cryptocurrency world, closed source software made it almost impossible for our project to be vetted and hence taken seriously so we were in a quandary.

Zerovert was originally intended to be part of Vertcoin's ecosystem however Vertcoin's community were not keen on it. Zerovert's also suffered from very poor performance and had huge scalability issues and therefore the project went silent while we figured out how to solve many of the challenges we faced with Zerovert.

We subsequently managed to fix many scalability issues and these changes have been incorporated into Zcoin. Starting afresh with Zcoin allowed strong investor backing from the likes of Roger Ver and allowed us to dedicate ourselves fully to this project rather than a mere experiment. With investor backing we also could finally make our code open source while still protecting our efforts. These considerations were what prompted us to wipe the slate clean with Zcoin instead of continuing with Zerovert which was never intended to be a serious project.

Instamine and founder's reward are pretty different. Instamines are created upfront while founder's rewards are spread across through the time and are transparent. This ensures that the founders cannot cash out immediately and are incentivized to keep development ongoing at least for the duration of the founder's rewards (4 years in Zcoin).

I spoke with Poramin has not ruled out returning to help out with Vertcoin development once he implements some important fixes with Zcoin. He had thought he had left it in good hands with two devs but when those devs moved on with life (working on startup and studying at MIT) Vertcoin's development was stalled. It wasn't the intention to 'abandon' Vertcoin and he spoke to me about how he wanted to implement EVM for Vert when has has time.

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November 14, 2016, 04:19:43 PM
 #2417

VERI AND VERT sitting in a tree, K-I-S-S-I-N-G....no wait, DEAD.

lol
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November 14, 2016, 06:58:05 PM
 #2418

VERI AND VERT sitting in a tree, K-I-S-S-I-N-G....no wait, DEAD.

lol
Not yet, still in coma
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November 14, 2016, 07:40:26 PM
 #2419

I wonder how many of you know that Vertcoin creator Poramin Insom is coming up with a Zerocash competitor which is going to be launched very soon.

https://news.bitcoin.com/zero-knowledge-zcoin-launching-soon/    
http://zcoin.tech/about.html

There is a possibility of zerocoin implementation on vertcoin via sidechains as hinted by him earlier.
https://bitcointalk.org/index.php?topic=404364.msg9632734#msg9632734

No wonder this coin has been under accumulation for so long!

In before polo troll box gets a whiff of this. Wink




Poramin did create vertcoin, but he also created a few other coins that had huge premines and we're deemed scams . He also was caught doing so pretty shady stuff . He was more or less asked to leave vertcoin or pushed out


What coins, what scams and what "pretty shady stuff"? Could you be more specific please? Also, does Poramin know that he is being slagged off so hard by the current "dev team" that he entrusted VTC to? This is a betrayal or a mutiny.
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November 14, 2016, 08:03:39 PM
 #2420

many miners go to zcash, from the standpoint of mining vrt looks good, but price ... and a view of the future looks badly oh badly  Roll Eyes
Zcash does look interesting. I'm waiting for it to settle before I do anything with it. The price started around 1.5 btc and now it's around .2 btc . The creator of vertcoin made that .

Poramin didn't make Zcash (or Zcoin). His former professor at Johns Hopkins, Matthew Green, is an author on both of the papers describing these protocols ( http://zerocoin.org/media/pdf/ZerocoinOakland.pdf and http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf ), Poramin Insom is not. The creator of vertcoin (Poramin) implemented zerocoin, first in a closed source scam called Zerovert, and now later in a hugely instamined coin called Zcoin. He is unaffiliated with Zcash (which is also scammy) afaik.

The closed source 'scam' is explained here:

Quote
When Zerovert was launched in November 2014, it was primarily an experiment and we didn't have any investor backing. We still wanted to protect our work and thus our only choice at that time was to make Zerovert closed source so that it could not be copied. However we quickly realized that in the cryptocurrency world, closed source software made it almost impossible for our project to be vetted and hence taken seriously so we were in a quandary.

Zerovert was originally intended to be part of Vertcoin's ecosystem however Vertcoin's community were not keen on it. Zerovert's also suffered from very poor performance and had huge scalability issues and therefore the project went silent while we figured out how to solve many of the challenges we faced with Zerovert.

We subsequently managed to fix many scalability issues and these changes have been incorporated into Zcoin. Starting afresh with Zcoin allowed strong investor backing from the likes of Roger Ver and allowed us to dedicate ourselves fully to this project rather than a mere experiment. With investor backing we also could finally make our code open source while still protecting our efforts. These considerations were what prompted us to wipe the slate clean with Zcoin instead of continuing with Zerovert which was never intended to be a serious project.

Instamine and founder's reward are pretty different. Instamines are created upfront while founder's rewards are spread across through the time and are transparent. This ensures that the founders cannot cash out immediately and are incentivized to keep development ongoing at least for the duration of the founder's rewards (4 years in Zcoin).

I spoke with Poramin has not ruled out returning to help out with Vertcoin development once he implements some important fixes with Zcoin. He had thought he had left it in good hands with two devs but when those devs moved on with life (working on startup and studying at MIT) Vertcoin's development was stalled. It wasn't the intention to 'abandon' Vertcoin and he spoke to me about how he wanted to implement EVM for Vert when has has time.
We spoke to him on slack a while back he said he would like to come back and help but he was studying for his CISSP and would help us after Dec 28th. Also, I don't think we are going to EVM anymore . With the size of our team we would be able to keep up with all the forks . Maybe after all the bugs are worked out it would be better .
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