[VXC] V.Cash (Was: [VNL] Vanillacoin), a quiet word of warning.

[LovSan]

Vanillacoin has been awesome to mine with cpu solo and it has been great to not be tied to this forum.  The fact that the true believers feel threatened by the developer doesn't surprise me at all.  

What are you even warning people about? "victims"? wtf?  I have felt like a victim numerous times on this forum in the last year, not with vanilla coin though.  Oh well, people will believe what they want.

We are victims because we don't have to rent hash to mine a new coin. Victims also because we don't have to cope with this forum.

Bashing the coin on this forum because some people had a technical argument on github over Bitcoin, not sure how ethical this is.

You are victims of a hard working dev, with best fair solo mining. You can mine on a single core and do whatever you want, even if your cpu is old as your grandma.

I don't know or rather don't care, did he take part of BTC code and rewrite it, but I'm sure most of alt coins just copy past it with minor changes and live after that absolutely fine. I also doubt that they ask though someone permission.

It's interesting project to follow, thats for sure.

[1713998376]

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[jimlite]

I ran it thru virustotal before trying it, and everything seemed fine. No malware.
However, I also had to download multiple clients, other people's blockchain, peers, etc.
to get it working and I was on many wrong chains. I also tried to run it on four different
computers and only my laptop will sync with the network. No friggin idea why. Even if I
take the complete folder minus wallet.dat from my laptop and put it on another computer
it still never syncs or works. It gets about 4 connections and then drops to 0. Or it sits
there forever saying -0.000000000001% of blockchain loading on a clean install. So where
this coin is frustrating to get to work, it may be fun if it gets some more fixes and an exchange.
Because basically you are using low resources to solo mine easily from the wallet.
Only time will tell, but I would NOT call this malware without showing proof.

[jimlite]

My has vanillacoin come far now.  It is gpu mineable, on C-Cex exchange, and the wallet is much better and still being improved. There is a lot of interest on it now and it is more secure/anonymous than DRK.  I'll be mining and buying some.

[americanpegasus]

Greeting, this evening john-connor showed up on the Bitcoin Core github with some rather aggressively ignorant minunderstandings of basic cryptographic consensus concepts: https://github.com/bitcoin/bitcoin/pull/5634#issuecomment-69481908

Having no clue who he was I looked at his github account and googled a bit and found that he is the, seemingly pseudonymous, author of "Vanillacoin".

Vanillacoin was previously discussed on this forum, https://bitcointalk.org/index.php?topic=890388.0 but he locked the threads in order to shuffle the users (victims?) off to someplace out of the light of day-- never a good sign, (nor is his BCT newbie account, for that matter).  The "vanillacoin" software has no source code available, it is binaries only (very much not a good sign, and usually severe malware concern; and an ultimate form of centralization), there are source links but they go to a basically empty github repository. There is a whitepaper, which like the comments on github show some general software development background they show no real sign of sophisticated understanding around decenteralized systems for adversarial networks or cryptocurrencies.

I don't know anything more about it, but I figure sunlight tends to be a good disinfectant; and with the threads locked it probably wasn't fair of me to say nothing while I was privately thinking "hm, that all smells pretty fishy".  Of course, the guy was a bit rude to me and also wasted my time-- so feel free to factor that bias in however you like. I'm just reporting my impression as a regular community member. You now know what I know.

[I'm the last person to play altcoin-cops... I mostly avoid this stuff except for the rare cases that are technically interesting: The drama can sink unbounded time and usually, when it comes to the more misguided altcoin cryptography, the only sane policy seems to be "If you see something,say nothing and drink to forget": there is too much crazyness and risk of being attacked for being critical of someones latest scheme. But if it shows up in my face, I can't quite stomach saying nothing at all.]

Cheers,

 
 
This. 
 
This is what I was looking for. 
 
Thank you.

[Levole11]

Greeting, this evening john-connor showed up on the Bitcoin Core github with some rather aggressively ignorant minunderstandings of basic cryptographic consensus concepts: https://github.com/bitcoin/bitcoin/pull/5634#issuecomment-69481908

Having no clue who he was I looked at his github account and googled a bit and found that he is the, seemingly pseudonymous, author of "Vanillacoin".

Vanillacoin was previously discussed on this forum, https://bitcointalk.org/index.php?topic=890388.0 but he locked the threads in order to shuffle the users (victims?) off to someplace out of the light of day-- never a good sign, (nor is his BCT newbie account, for that matter).  The "vanillacoin" software has no source code available, it is binaries only (very much not a good sign, and usually severe malware concern; and an ultimate form of centralization), there are source links but they go to a basically empty github repository. There is a whitepaper, which like the comments on github show some general software development background they show no real sign of sophisticated understanding around decenteralized systems for adversarial networks or cryptocurrencies.

I don't know anything more about it, but I figure sunlight tends to be a good disinfectant; and with the threads locked it probably wasn't fair of me to say nothing while I was privately thinking "hm, that all smells pretty fishy".  Of course, the guy was a bit rude to me and also wasted my time-- so feel free to factor that bias in however you like. I'm just reporting my impression as a regular community member. You now know what I know.

[I'm the last person to play altcoin-cops... I mostly avoid this stuff except for the rare cases that are technically interesting: The drama can sink unbounded time and usually, when it comes to the more misguided altcoin cryptography, the only sane policy seems to be "If you see something,say nothing and drink to forget": there is too much crazyness and risk of being attacked for being critical of someones latest scheme. But if it shows up in my face, I can't quite stomach saying nothing at all.]

Cheers,

 
 
This. 
 
This is what I was looking for. 
 
Thank you.

You only show your bias by taking that post as a reference but ignore all posts made after that.. lol

[benthach]

i can tell you the level of altcoin scams is insance

[KhalDrago]

Just what i thought, a shitcoin copy past fail with a laughable userbase of around 100 and a 'fancy' zerotime feature slapped on top.. bitcoin is already pretty much instant. but thanks to op it seems more shady stuff is going on with this overhyped coin no average joe ever gonna use.

[cogabonito]

Thanks for the warning Mr. Maxwell. I guess they try too hard to make illegitimate pump & dump money. I would stay away from this copy coin.

[americanpegasus]

It should be noted that he posted that in January. 
 
I am looking over both whitepapers now. 
 
https://github.com/john-connor/papers/blob/708f488c8c17e08a12bc4bdb4fc5ac1e2aaf6e24/zerotime.pdf 
http://vanillacoin.net/papers/vanillacoin.pdf   
 
The papers talk about how whenever a transaction is sent, that node will check a hiearchy of nodes (including a masternode?) to see if the majority of them have accepted it; if they have, then it will accept it too with no questions.  I have some serious mathematical issues with how this will work in real life. 
 
In any case, this currency is getting pretty big and if there's something behind this, then great: I will be a massive supporter.  But if something's fucky, it's time to find out.

[traumschiff]

It should be noted that he posted that in January. 
 
I am looking over both whitepapers now. 
 
https://github.com/john-connor/papers/blob/708f488c8c17e08a12bc4bdb4fc5ac1e2aaf6e24/zerotime.pdf 
http://vanillacoin.net/papers/vanillacoin.pdf   
 
The papers talk about how whenever a transaction is sent, that node will check a hiearchy of nodes (including a masternode?) to see if the majority of them have accepted it; if they have, then it will accept it too with no questions.  I have some serious mathematical issues with how this will work in real life. 
 
In any case, this currency is getting pretty big and if there's something behind this, then great: I will be a massive supporter.  But if something's fucky, it's time to find out.

ZeroTime should get an additional 25 page whitepaper with the release explaining everything in detail.

The first post is gmaxwell being hurt by an argument that John made with them on the Bitcoin github and trying to pick on his project afterwards. gmax would never play the hero in the altcoin discussion part of the forum don't worry, he wouldn't give a shit.

Also the project started with being closed source while the alpha stage rolled out, everything is open source now and you can ask anyone ranging from Polo owners to Bittrex owners or any of your dev friends on the quality and uniqueness of the codebase and communication protocol.

[d0om]

This. 
 
This is what I was looking for. 
 
Thank you.

Tactical fud necro!

[nutildah]

Dude. Its called "Vanillacoin." If that wasn't a tip off that its not meant to be a serious coin, I don't know what is. I just feel like a straight idiot sinking my money into coins with stupid names, but that's just me.

[americanpegasus]

Dude. Its called "Vanillacoin." If that wasn't a tip off that its not meant to be a serious coin, I don't know what is. I just feel like a straight idiot sinking my money into coins with stupid names, but that's just me.

 
 
Oh for fuck sake.  I had my mind made up that Vanilla Coin was a scam pump until Nutildah started trolling it.  Now I don't know again.

[nutildah]

Dude. Its called "Vanillacoin." If that wasn't a tip off that its not meant to be a serious coin, I don't know what is. I just feel like a straight idiot sinking my money into coins with stupid names, but that's just me.

 
 
Oh for fuck sake.  I had my mind made up that Vanilla Coin was a scam pump until Nutildah started trolling it.  Now I don't know again.

Yeah because I totally just "pumped" it. You can't even read English, can you...

[americanpegasus]

Dude. Its called "Vanillacoin." If that wasn't a tip off that its not meant to be a serious coin, I don't know what is. I just feel like a straight idiot sinking my money into coins with stupid names, but that's just me.

 
 
Oh for fuck sake.  I had my mind made up that Vanilla Coin was a scam pump until Nutildah started trolling it.  Now I don't know again.

Yeah because I totally just "pumped" it. You can't even read English, can you...

 
 
Lol wut.   Can you?

[jimlite]

Dude. Its called "Vanillacoin." If that wasn't a tip off that its not meant to be a serious coin, I don't know what is. I just feel like a straight idiot sinking my money into coins with stupid names, but that's just me.

I never mined or bought DOGE coin because it had the stupidest name and a retarded logo. Guess what coin is sitting in the top 5 market caps? And guess who missed out, me. Vanillacoin has so much more going for it than DOGE or DASH, no reason to hate on it.

[HCLivess]

Now that's one dark history

[solid12345]

Now that's one dark history

Dark in what way? Does it involve tortured kittens?

[bangomatic]

Now that's one dark history

I had no idea until a friend just sent me a link to this thread. Geez.

[x0rcist]

Everyone should read this article (especially the under the hood part):

http://cointelegraph.com/news/114794/miners-lost-over-50000-from-the-bitcoin-hardfork-last-weekend

John Connor warned the BTC devs about this issue:

https://github.com/bitcoin/bitcoin/pull/5634#issuecomment-69481908

Who are the idiots?