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Author Topic: [UNOFFICIAL] [VNL] Vanillacoin 0.4.1 | Instant ▱ Incentivized ▱ Innovative  (Read 433436 times)
luckygenough56
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November 04, 2015, 08:29:50 AM
Last edit: November 04, 2015, 08:40:16 AM by luckygenough56
 #4601

Hey Pablo

Vnl is the best thing since sliced bread  Smiley

the current price is a one time life opportunity

Regards  Smiley



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goldmaxx
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November 04, 2015, 08:34:32 AM
 #4602

Potential Investor here:

Could someone please give me some more info as to how VNL is different from Dash? Seems like a Dash clone afaict.

Appreciate any feedback/guidance you guys can give me.

Pablo.

Hi Pablo and welcome to the VNL community!
I see you got the answer to your question already.
Don't mind the few sarcastic reactions, this doesn't represent the whole VNL community!
If you should have any more questions regarding VNL, feel free to post them here.

Regards

Goldmaxx

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November 04, 2015, 08:55:31 AM
Last edit: November 04, 2015, 11:07:34 AM by goldmaxx
 #4603

Quote
Dude yes that bastard is trolling. 5 mins on the OP tells me it's not the same as dash lol afaict... can't spend 5 mins reading? Big fucking shot investor - MY ASS!
Quote
This is definitely how you want to bring new people into VNL.  Good luck with that piss poor attitude towards people.

+1

This attitude is really starting to annoy me...
How can you expect this community to grow if all you do is scaring away new potential buyers?
Even if this guy was trolling, who cares?
This coin IS fantastic and amazing, I know that, but what is that worth if only a handfull of people will ever use it?
I have said this before, and I will say it again, some of you should change your attitude towards new comers, especially those who are complaining about the fact that the price is constantly going down... What do you expect? The price is a reflection of the scarcity of a coin... The more people holding VNL, the more scarce this coin will become, the price will go up... --> scarcity creates demand...it's that simple.

And please, don't say it isn't any of my business, because it is...
I invested in this coin, and I would like this thing to succeed, this kind of behaviour doesn't take us any closer towards that goal...

Regards

Goldmaxx

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November 04, 2015, 10:12:26 AM
 #4604

Quote
Dude yes that bastard is trolling. 5 mins on the OP tells me it's not the same as dash lol afaict... can't spend 5 mins reading? Big fucking shot investor - MY ASS!
Quote
This is definitely how you want to bring new people into VNL.  Good luck with that piss poor attitude towards people.

+1

This attitude is really starting to annoy me...
How can you expect this community to grow if all you do is scaring away new potential buyers?
Even if this guy was trolling, who cares?
This coin IS fantastic and amazing, I know that, but what is that worth if only a handfull of people will ever use it?
I have said this before, and I will say it again, some of you should change your attitude towards new comers, especially those who are complaining about the fact that the price is constantly going down... What do you expect? The price is a reflection of the scarity of a coin... The more people holding VNL, the more scare this coin will become, the price will go up... --> scarity creates demand...it's that simple.

And please, don't say it isn't any of my business, because it is...
I invested in this coin, and I would like this thing to succeed, this kind of behaviour doesn't take us any closer towards that goal...

Regards

Goldmaxx
Well spoken! Smiley

_@/'
haggis
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November 04, 2015, 10:49:39 AM
Last edit: November 04, 2015, 11:37:16 AM by haggis
 #4605

Quote
Dude yes that bastard is trolling. 5 mins on the OP tells me it's not the same as dash lol afaict... can't spend 5 mins reading? Big fucking shot investor - MY ASS!
Quote
This is definitely how you want to bring new people into VNL.  Good luck with that piss poor attitude towards people.

+1

This attitude is really starting to annoy me...
How can you expect this community to grow if all you do is scaring away new potential buyers?
Even if this guy was trolling, who cares?
This coin IS fantastic and amazing, I know that, but what is that worth if only a handfull of people will ever use it?
I have said this before, and I will say it again, some of you should change your attitude towards new comers, especially those who are complaining about the fact that the price is constantly going down... What do you expect? The price is a reflection of the scarity of a coin... The more people holding VNL, the more scare this coin will become, the price will go up... --> scarity creates demand...it's that simple.

And please, don't say it isn't any of my business, because it is...
I invested in this coin, and I would like this thing to succeed, this kind of behaviour doesn't take us any closer towards that goal...

Regards

Goldmaxx
I guess you are talking about "scarce" and "scarcity" instead of "scare" and "scarity" - halloween is over, dude Tongue
BadAss.Sx
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November 04, 2015, 11:10:20 AM
 #4606

Looking at BTC price, Halloween isn't over yet in digital world Tongue
goldmaxx
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November 04, 2015, 11:12:20 AM
 #4607

Haha, indeed it should be scarce and scarcity Cheesy my wrong... but...


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November 04, 2015, 11:44:00 AM
 #4608

Haha you guys make me smile even at this times  Grin
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November 04, 2015, 11:45:57 AM
 #4609

Hey Guys,
  Just saw the other comments, thanks for the reply. No, I wasn't trolling.

I will read up on the white papers and post questions if I have them, I would be interested in learning more. Definitely looks like I will pick some coin up if everything checks out.

Pablo.

Fantastic FREE BOOKS:
"Crypto Success":  bit.ly/Crypto-Success; "Principles for Crypto Investment":  bit.ly/Crypto-Principles; "Crypto Survival":  bit.ly/Crypto-Survival';
PGP Key(s): Pablo@Pablo-Lema.com: http://pastebin.com/V8Z4WxUE
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November 04, 2015, 11:46:02 AM
 #4610

Potential uninvestor here!

Please tell me, why I should sell my Vanillacoins?

luckygenough56
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November 04, 2015, 11:56:43 AM
 #4611

Potential uninvestor here!

Please tell me, why I should sell my Vanillacoins?

so i can buy them back from you  Grin
goldmaxx
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November 04, 2015, 12:02:50 PM
 #4612

Hey Guys,
  Just saw the other comments, thanks for the reply. No, I wasn't trolling.

I will read up on the white papers and post questions if I have them, I would be interested in learning more. Definitely looks like I will pick some coin up if everything checks out.

Pablo.

I bet you will like what you read in the whitepapers :-)

Regards

Goldmaxx

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November 04, 2015, 12:55:07 PM
 #4613

Someone just dumped to 5.8K :-O
How low can you go?

Regards

Goldmaxx

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November 04, 2015, 01:43:21 PM
 #4614

After reading the White Papers i have a couple of questions because I am not sure I grasp some concepts:

1. On instant send implementation, which of the three network layers performs the lock, the client, the peer or the super peer?

2. I understand the client to be the wallet, a peer to be a sort of "checker" or of locks on the network and the superpeer to be the equivalent of what in Dash would be a masternode. Is this correct? To be clear I am not saying it's the same thing, I just want to be able to relate something I don't understand to something else I have a better grasp on for the sake of understanding.

3. How are these layers incentivized exactly. As far as I understand it, people running superpeeers also need to solve a hash, somewhat like miners?

4. How many coins are needed to run a superpeer and how are these set up (can someone please point me to a guide)?

Sorry if some of my questions are obvious.

Thanks,
  Pablo.

Fantastic FREE BOOKS:
"Crypto Success":  bit.ly/Crypto-Success; "Principles for Crypto Investment":  bit.ly/Crypto-Principles; "Crypto Survival":  bit.ly/Crypto-Survival';
PGP Key(s): Pablo@Pablo-Lema.com: http://pastebin.com/V8Z4WxUE
goldmaxx
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November 04, 2015, 01:52:28 PM
 #4615

After reading the White Papers i have a couple of questions because I am not sure I grasp some concepts:

1. On instant send implementation, which of the three network layers performs the lock, the client, the peer or the super peer?

2. I understand the client to be the wallet, a peer to be a sort of "checker" or of locks on the network and the superpeer to be the equivalent of what in Dash would be a masternode. Is this correct? To be clear I am not saying it's the same thing, I just want to be able to relate something I don't understand to something else I have a better grasp on for the sake of understanding.

3. How are these layers incentivized exactly. As far as I understand it, people running superpeeers also need to solve a hash, somewhat like miners?

4. How many coins are needed to run a superpeer and how are these set up (can someone please point me to a guide)?

Sorry if some of my questions are obvious.

Thanks,
  Pablo.

You shouldn't excuse...your questions are legit...
Someone with more expertise will answer your questions soon!

Regards

Goldmaxx

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November 04, 2015, 02:26:19 PM
 #4616

Just a P.S. to my last post:

Can someone please link me to the devs Lindin page?

Thanks,
  Pablo.

Fantastic FREE BOOKS:
"Crypto Success":  bit.ly/Crypto-Success; "Principles for Crypto Investment":  bit.ly/Crypto-Principles; "Crypto Survival":  bit.ly/Crypto-Survival';
PGP Key(s): Pablo@Pablo-Lema.com: http://pastebin.com/V8Z4WxUE
groggin
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November 04, 2015, 02:44:46 PM
 #4617

After reading the White Papers i have a couple of questions because I am not sure I grasp some concepts:

1. On instant send implementation, which of the three network layers performs the lock, the client, the peer or the super peer?

2. I understand the client to be the wallet, a peer to be a sort of "checker" or of locks on the network and the superpeer to be the equivalent of what in Dash would be a masternode. Is this correct? To be clear I am not saying it's the same thing, I just want to be able to relate something I don't understand to something else I have a better grasp on for the sake of understanding.

3. How are these layers incentivized exactly. As far as I understand it, people running superpeeers also need to solve a hash, somewhat like miners?

4. How many coins are needed to run a superpeer and how are these set up (can someone please point me to a guide)?

Sorry if some of my questions are obvious.

Thanks,
  Pablo.

You shouldn't excuse...your questions are legit...
Someone with more expertise will answer your questions soon!

Regards

Goldmaxx

i'll do my best
1. the network (of superpeers) forms a consensus
2. vnl does not obfuscate the blockchain, there are no mixers atm
3. superpeers are rewarded a percentage of new block rewards found, there is no hashing done, the reward is for running a healthy node
4. 10000 vnl needed, as to the rest, brb
   someone posted a tut somewhere, can't find it atm, some info here   http://vanillacoin.net/wiki/Technologies/Node%20Incentives.md

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November 04, 2015, 03:09:38 PM
 #4618

After reading the White Papers i have a couple of questions because I am not sure I grasp some concepts:

1. On instant send implementation, which of the three network layers performs the lock, the client, the peer or the super peer?

2. I understand the client to be the wallet, a peer to be a sort of "checker" or of locks on the network and the superpeer to be the equivalent of what in Dash would be a masternode. Is this correct? To be clear I am not saying it's the same thing, I just want to be able to relate something I don't understand to something else I have a better grasp on for the sake of understanding.

3. How are these layers incentivized exactly. As far as I understand it, people running superpeeers also need to solve a hash, somewhat like miners?

4. How many coins are needed to run a superpeer and how are these set up (can someone please point me to a guide)?

Sorry if some of my questions are obvious.

Thanks,
  Pablo.

Best to hear it from John if he responds, but:

1. Person who sends it locks the transaction.  The superpeers are the ones who vote if it's valid or not.  If one superpeer sees that you performed another lock, you get a Zerotime Lock Conflict and it turns into a normal transaction needing 1 confirmation to confirm.  https://talk.vanillacoin.net/topic/173/zerotime/3

2. The wallet can be called a client.  Client nodes are the mobile nodes, ie. Android and iOS.  They can stake but they don't relay much information so they won't use much bandwidth.  Peers are firewalled Windows, Mac, or Linux clients.  A superpeer isn't exactly the same as a masternode.  Superpeers do the voting.

3. Peers and clients are incentivized with proof of stake, which I assume you're familiar with.  Superpeers are incentivized with node incentives.  No, superpeers vote on which superpeer will receive the node incentive for the current block.

4. 0 coins are needed to run a superpeer.  In order to receive node incentives, you need to send 10000 coins in 1 transaction to the default address of your super peer.

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November 04, 2015, 03:19:30 PM
 #4619

Now, that's what I meant...
Awesome constructive replies, thanks guys!

Regards

Goldmaxx

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November 04, 2015, 03:55:09 PM
 #4620

I'd like to thank everyone for their helpful responses; I am actually buying my first coins on Polo right now and am eager to give the coin a try.

I still have some outstanding questions though:

1. Is there a linkdin page or somewhere I can get a bio and other RL info from the dev?

2. Do superpeers need to be hosted? I assume they need to be hosted due to the need for constant uptime/ if so, is their a service that can help me do this? I am not very technical but I will have my first 10k coins by the end of the day.

3. I have heard about Proof of Stake and have a general understanding of the concept, not sure how is works in practice though; I mean, do I just open my wallet and let my cash "stake" by itself? Does it even need to be open? Would it be better if I hosted it on a server? Etc.

Thanks,
   Pablo.

Fantastic FREE BOOKS:
"Crypto Success":  bit.ly/Crypto-Success; "Principles for Crypto Investment":  bit.ly/Crypto-Principles; "Crypto Survival":  bit.ly/Crypto-Survival';
PGP Key(s): Pablo@Pablo-Lema.com: http://pastebin.com/V8Z4WxUE
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