Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source

[jwinterm]

I've been out of crypto for a while.

I have a bunch of VTC and I was hoping that I could take a break from crypto and come back to find the value of my coins were up by quite a bit.

Anyway, I like the idea of merge mining with another project. Can we merge with Spread which uses their own version of x11, Spreadx11 (or something)?

I caught a retweet about their project and that sparked my interest again. They are building apps on master nodes that will run on the network. Maybe the two projects could build something together?

VTC with stealth addresses could build apps for open bazaar type markets within the wallet?

Seems unlikely that devs/community would be up for another hardfork just several months after the hardfork to Lyra2RE. Also, the whole masternodes thing kind of goes against the decentralization ethos which seems to be the at the core of vertcoin, imo.

[DogTheHunter]

I've been out of crypto for a while.

I have a bunch of VTC and I was hoping that I could take a break from crypto and come back to find the value of my coins were up by quite a bit.

Anyway, I like the idea of merge mining with another project. Can we merge with Spread which uses their own version of x11, Spreadx11 (or something)?

I caught a retweet about their project and that sparked my interest again. They are building apps on master nodes that will run on the network. Maybe the two projects could build something together?

VTC with stealth addresses could build apps for open bazaar type markets within the wallet?

Seems unlikely that devs/community would be up for another hardfork just several months after the hardfork to Lyra2RE. Also, the whole masternodes thing kind of goes against the decentralization ethos which seems to be the at the core of vertcoin, imo.

From what I can tell from my limited research, master nodes are on distributed servers that anyone can setup.

Anyway. So what's the plan for getting VTC moving, or do I need to read throw a thread history to catch-up?

[cnerd]

From what I can tell from my limited research, master nodes are on distributed servers that anyone can setup.

Anyway. So what's the plan for getting VTC moving, or do I need to read throw a thread history to catch-up?

You understood wrong. Masternodes are anything BUT decentralized. Im not gonna get into details, because Im tired of going trough this, but here is a nice post on the matter
https://bitcointalk.org/index.php?topic=1001642.msg10949723#msg10949723
(I hope that a raging mob of darkcoin fanboys doesn't appear out of nowhere)
Just as jwitnerm said, Masternodes are totally against everything VTC stands for

As for the plans on "getting VTC moving"... there is this "Elasticity" feature coming up in the foreseeable future, but having in mind how elasticity really works, it will be more of a y0-y0 movement than anything else.
Other than that (example: advertizing, integration, publicity, communication, news, etc) - nope.

[albert73]

hello to evryone , i need an answer of one question. Where to sell my vertcoin ? I can't find the right exchange to do that. I am in Europe and mine my vtc by cpu by wallet mining.

Bittrex

https://www.cryptsy.com/markets/view/VTC_BTC

https://poloniex.com/exchange/btc_vtc

https://bittrex.com/Market/Index?MarketName=BTC-VTC

https://vircurex.com/welcome/index?alt=btc&base=vtc

https://coinbroker.io/trade/?symbol=VTC.BTC

[rokkyroad]

Don't send anything to Vircurex unless you want to lose your coins.

[glukolog]

I have some ideas to increes Vertcoin popularity:
1) At https://bitcoinwisdom.com/ add Poloniex, Bittrex as charts of VTC
2) At https://www.cryptsy.com/ create vote for VTC/USD pair, and make votes
3) Make some card game, like poker, server with VTC as major money

[cnerd]

I have some ideas to increes Vertcoin popularity:
1) At https://bitcoinwisdom.com/ add Poloniex, Bittrex as charts of VTC
2) At https://www.cryptsy.com/ create vote for VTC/USD pair, and make votes
3) Make some card game, like poker, server with VTC as major money

Great Ideas!
Go for them and let us know if you need any help!

[DogTheHunter]

From what I can tell from my limited research, master nodes are on distributed servers that anyone can setup.

Anyway. So what's the plan for getting VTC moving, or do I need to read throw a thread history to catch-up?

You understood wrong. Masternodes are anything BUT decentralized. Im not gonna get into details, because Im tired of going trough this, but here is a nice post on the matter
https://bitcointalk.org/index.php?topic=1001642.msg10949723#msg10949723
(I hope that a raging mob of darkcoin fanboys doesn't appear out of nowhere)
Just as jwitnerm said, Masternodes are totally against everything VTC stands for

As for the plans on "getting VTC moving"... there is this "Elasticity" feature coming up in the foreseeable future, but having in mind how elasticity really works, it will be more of a y0-y0 movement than anything else.
Other than that (example: advertizing, integration, publicity, communication, news, etc) - nope.

I've taken a good look now. I'm fairly happy that the master node concept is a good one. The links provided above don't fully match the reality of what is going on.

The actual coins are still operating on a blockchain. The nodes are performing services on demand, and they are doing it randomly. You would need to spend a vast sum to acquire enough nodes to sniff what is going on or to interfere with transactions.

I just don't see that being viable. At the moment, there is nothing of interest for people to invest the time or the effort attacking these projects. By the time they do become of interest you have to spend a lot.

Crave looks like a pump n dump, so worth a quick turn. Spreadcoin is worth watching. I seriously think VTC needs to look at a future evolution that incorporates nodes that provide services.

[glukolog]

I have some ideas to increes Vertcoin popularity:
1) At https://bitcoinwisdom.com/ add Poloniex, Bittrex as charts of VTC
2) At https://www.cryptsy.com/ create vote for VTC/USD pair, and make votes
3) Make some card game, like poker, server with VTC as major money

Great Ideas!
Go for them and let us know if you need any help!

I make first https://bitcointalk.org/index.php?topic=190722.msg11047130#msg11047130
And send request to cryptsy
But i don't know how organize card playing server

[cnerd]

I seriously think VTC needs to look at a future evolution that incorporates nodes that provide services.

Thanks for the valuable input.
Now let me elaborate my overall opinion: no, thanks.

[poiuty]

voephilisI, also we have a big inflation.
about 36K new coins every day.

[jwinterm]

great to see that our devs were last time active James: February and Adam: December...

last update on blog was in March. and price is falling more and more.

look at NOBL if you want to know what missing updates can do to a coin ^^

Price actually seems quite stable around 4k sat. Stability without elasticity...imagine that.

[avensen]

voephilisI, also we have a big inflation.
about 36K new coins every day.

actually, 28800 new coins mined per day:

Blocks in the Vertcoin network are solved on average every 2.5 minutes, and the current reward for solving each block is 50 Vertcoin. These two figures together reveal the rate at which Vertcoin can be “mined” across the entire network: on average, 576 blocks or 28,800 Vertcoin per day.

source: http://www.reddit.com/r/vertcoin/wiki/index

[poiuty]

avensen, my mistake.
But 28.8K too much.

[cnerd]

avensen, my mistake.
But 28.8K too much.

no, its not
on the other hand, you know whats too much? People whining about an in existing inflation

[opus.224]

Where I can I find working block explorer?
This one looks offline: https://explorer.vertcoin.org/exp/

[volyova]

Where I can I find working block explorer?
This one looks offline: https://explorer.vertcoin.org/exp/

https://bitinfocharts.com/vertcoin

[avensen]

Developer jamesl22 posted an update about elasticity:

I'm going to implement elasticity over the summer, I would have done it sooner but I have been more focused on my studies due to final exams for University admission etc. I don't think elasticity on its own can "save" Vertcoin, it has more than enough features for it to be a usable currency, it just doesn't have the backing compared with the bigger ones.

http://www.reddit.com/r/vertcoin/comments/33wkis/current_status/

[albert73]

Where I can I find working block explorer?
This one looks offline: https://explorer.vertcoin.org/exp/

https://bitinfocharts.com/vertcoin

344 transactions last 24 h

with 251k VTC sent.

great statistics

Vertcoin's doing alright compared to the other alts. Everything is having a bad time ATM.

[pallas]

I've released my lyra2re miner sources, see my signature.