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Author Topic: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source  (Read 413459 times)
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December 15, 2014, 10:04:52 PM
 #1

MANDATORY UPDATE - HARD FORK AT BLOCK 347000 - UPDATE YOUR WALLETS NOW!


What is Vertcoin?

Vertcoin is different. Unlike many other coins you will see on this forum, Vertcoin has a purpose, a goal which drives the community and developers to constantly innovate. Committed to the decentralisation Satoshi originally dreamed of, Vert has consistently evolved over time to combat the threats to this dream. As a result, one of our main features is ASIC resistance, having forked successfully to a new proof of work algorithm called "Lyra2RE" upon discovering that Scrypt-N ASICs were being developed. We believe that by keeping the mining process in the hands of those with generalised, low-risk, consumer grade hardware, we can lower the entry requirement for miners, increasing the number of individuals mining the coin which in turn leads to true decentralisation.

Our primary innovations

Lyra2RE



White paper: https://vertcoin.org/downloads/Vertcoin_Lyra2RE_Paper_11292014.pdf

Our revolutionary new proof of work algorithm, designed to be ASIC resistant at its core, made its debut at block 208301. In addition, responding to calls from our miners, Lyra2RE has a ~15% power usage reduction on X11. Lyra2RE has replaced Scrypt-N, our previous proof of work and a Vertcoin innovation in itself, in order to defeat the ASIC miners that were released for it. The fork has successfully been carried out, once again making Vertcoin a decentralised, ASIC-free zone and fulfilling Vertcoin's promise to hard-fork if an ASIC threat becomes apparent, a promise which Litecoin made, but didn't deliver on.

Stealth Addresses

Stealth addresses are a way for a payer and a payee to have a private exchange of funds.
http://www.youtube.com/watch?v=dAUV5FvceM4

Getting started

Wallets

Linux (most pools):

Daemon (x86): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoind-v0.10.0.0-i386.zip
Daemon (x64): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoind-v0.10.0.0-amd64.zip

Qt (GUI)(x86): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoin-qt-v0.10.0.0-i386.zip
Qt (GUI)(x64): https://github.com/vertcoin/vertcoin/releases/download/v0.9.0.2/vertcoin-qt-v0.9.0.2-amd64.zip

Windows:

Qt (GUI)(x64): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoin-qt-v0.10.0.0-WIN64.zip
Qt (GUI)(x86): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoin-qt-v0.10.0.0-WIN32.zip

Daemon (x64): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoind-v0.10.0.0-WIN64.zip
Daemon (x86): https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/vertcoind-v0.10.0.0-WIN32.zip

OSX:

10.8+: https://github.com/vertcoin/vertcoin/releases/download/v0.10.0.0/Vertcoin-Qt.dmg

Source:

https://github.com/vertcoin/vertcoin

Pool Software

P2Pool: https://github.com/metalicjames/p2pool-Lyra2RE
stratum-mining: https://github.com/metalicjames/stratum-mining-Lyra2RE
node-stratum-pool: https://github.com/sammy007/node-stratum-pool/tree/lyra2re
node-multi-hashing-pool: https://github.com/sammy007/node-multi-hashing/tree/lyra2re
Python Module: https://github.com/metalicjames/lyra2re-hash-python

Miners

AMD/ATI:

New miner (use after fork): https://github.com/djm34/sgminer/releases/

nVidia:

New miner (use after fork): https://github.com/djm34/ccminer-lyra/releases/

CPU:

Source: https://github.com/tpruvot/cpuminer-multi

Technical Details:

Algorithm: Lyra2RE (Scrypt-N before block 208301)
Symbol :  VTC
Max Coins: 84 million VTC.
Block time: 2.5 minutes
Subsidy halves every 840,000 blocks (~4 years)
Difficulty Re-Target Time:  Every block with Kimotos Gravity Well algorithm
Block Rewards: 50 coins per block

Premine - None

There is no premine except three, normal blocks done to test the network (150 coins).  You can use the block explorer below to look them up.  Unlike many other coins, no one has received a large amount of free coins to dump on an exchange.

Merchants accepting VTC (there are many)

http://www.reddit.com/r/vertcoin/comments/2kgl3w/merchant_monday_october_27_2014/

Pools


Explorer

http://explorer.thisisvtc.com/

How To Mine

https://pool.verters.com/index.php?page=gettingstarted

Active Developers


Contact

Forum: http://www.thisisvtc.com/
twitter : https://twitter.com/Vertcoin
reddit : http://www.reddit.com/r/vertcoin/
IRC : #vertcoin on freenode

Block distribution - Remember to spread hashrate!



Development Fund

If you wish to help further Vertcoin's development, we would really appreciate any donations you can make. Your donations were pivotal in getting Lyra2RE pushed as it allowed us to hire the people required for miner development. Please send what you can to this address: VpBsRnN749jYHE9hT8dZreznHfmFMdE1yG or vJmsiNXPUGxhwr8PENK52F3x7fqGaNo4m9a4VHbsZdoG6s99dxQ4Qeucbd9vMULMbdyM2wxiEmZrsjM ob8EYT5Lmq5JBTXjt5HqnuU


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December 15, 2014, 10:05:09 PM
 #2

Thank you James. Hello to all from the Vertcoin Developers!
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December 15, 2014, 10:05:48 PM
 #3



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December 15, 2014, 10:06:32 PM
 #4

 Finally a coin to mine with GPU  Smiley

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December 15, 2014, 10:07:41 PM
 #5

Go go go!


I love this coin!

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December 15, 2014, 10:10:20 PM
 #6

nice to see this long term project keeps up
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December 15, 2014, 10:10:55 PM
 #7

hmmmm

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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December 15, 2014, 10:11:40 PM
 #8

Hey Vertans!

I created a config generator script to start mining VTC easily with sgminer.

It's not yet feature-complete and not all parameters are set for the AMD cards but I'm still working on it.
Feedback and bug reports are really appreciated and can be submitted here: http://www.reddit.com/r/vertcoin/comments/2rmkhi/please_help_me_test_my_sgminer_config_generator/

http://fonyo.servebeer.com/getconfig.php


BTC: 1Fonyo1sgJQjEzqp1AxgbHhGkCuNrFt6v9
VTC: VfonyoP14VUBf6nACycFH4Rqj7gkkNSJzA
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December 15, 2014, 10:13:04 PM
 #9

Looking good!

That's so much better Smiley
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December 15, 2014, 10:16:19 PM
 #10

Love the subject  Cheesy
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December 15, 2014, 10:27:31 PM
 #11

My Asics aren't working now Sad



+1 Cheesy


     
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December 15, 2014, 10:29:01 PM
 #12

Classic , I like the new thread..
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December 15, 2014, 10:42:56 PM
 #13

hmmmm
yes, yes  Wink
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December 15, 2014, 10:44:07 PM
 #14

People, how much do you get with R9 280x??

I'm getting 820 Kh/s with this settings:

{
"pools" : [
   {
      "url" : "stratum+tcp://pool.verters.com:4444",
      "user" : "xxx",
      "pass" : "xxx"
   }
]
,
"intensity" : "18",
"worksize" : "256",
"kernel" : "Lyra2RE",
"algorithm" : "Lyra2RE",
"lookup-gap" : "2",
"thread-concurrency" : "8193",
"shaders" : "2048",
"gpu-threads" : "2",
"gpu-memdiff" : "0",
"gpu-powertune" : "20",
"gpu-vddc" : "0.000",
"api-mcast-port" : "4028",
"api-port" : "4028",
"expiry" : "28",
"failover-switch-delay" : "60",
"gpu-dyninterval" : "7",
"gpu-platform" : "1",
"log" : "20",
"no-pool-disable" : true,
"queue" : "1",
"scan-time" : "7",
"tcp-keepalive" : "30",
"temp-hysteresis" : "3",
"shares" : "0",
"kernel-path" : "/usr/local/bin",
"verbose" : "true"
}

Anyone getting better results? Please share it Smiley
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December 15, 2014, 10:45:57 PM
 #15

Vertcoin = Class Act.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
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December 15, 2014, 10:47:32 PM
 #16

Massive tip party on r/vertcoin tomorrow. Tell everyone
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December 15, 2014, 10:47:48 PM
 #17

Cool thread, is this backed up by the Vert devs officially?

Reserved

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CRYPTSY exchange: https://www.cryptsy.com/users/register?refid=9017 BURST= BURST-TE3W-CFGH-7343-6VM6R BTC=1CNsqGUR9YJNrhydQZnUPbaDv6h4uaYCHv ETH=0x144bc9fe471d3c71d8e09d58060d78661b1d4f32 SHF=0x13a0a2cb0d55eca975cf2d97015f7d580ce52d85 EXP=0xd71921dca837e415a58ca0d6dd2223cc84e0ea2f SC=6bdf9d12a983fed6723abad91a39be4f95d227f9bdb0490de3b8e5d45357f63d564638b1bd71 CLAMS=xGVTdM9EJpNBCYAjHFVxuZGcqvoL22nP6f SOIL=0x8b5c989bc931c0769a50ecaf9ffe490c67cb5911
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December 15, 2014, 10:51:44 PM
 #18

Cool thread, is this back up by the Vert devs officially?

Reserved

Thought reserving a post wasn't allowed?



a432511 and I are Vert devs Smiley


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▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
.BITCOIN SPORTSBOOK
   ▄▄
██
██
██
██
██
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██
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December 15, 2014, 10:57:33 PM
 #19

Cool thread, is this back up by the Vert devs officially?

Reserved

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a432511 and I are Vert devs Smiley

Oh ok...lol  Cool

Nice to see a cleaner and updated thread....

CRYPTSY exchange: https://www.cryptsy.com/users/register?refid=9017 BURST= BURST-TE3W-CFGH-7343-6VM6R BTC=1CNsqGUR9YJNrhydQZnUPbaDv6h4uaYCHv ETH=0x144bc9fe471d3c71d8e09d58060d78661b1d4f32 SHF=0x13a0a2cb0d55eca975cf2d97015f7d580ce52d85 EXP=0xd71921dca837e415a58ca0d6dd2223cc84e0ea2f SC=6bdf9d12a983fed6723abad91a39be4f95d227f9bdb0490de3b8e5d45357f63d564638b1bd71 CLAMS=xGVTdM9EJpNBCYAjHFVxuZGcqvoL22nP6f SOIL=0x8b5c989bc931c0769a50ecaf9ffe490c67cb5911
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December 15, 2014, 11:00:28 PM
 #20

This is awesome GPU mining alive again !!

QUANTUM RESISTANT LEDGER. The most secure ledger. Natively quantum resistant ledger is the perfect platform to build on.
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