Topic: [ANN] [VBK] [PoP/PoW] VeriBlock: Securing the World's Blockchains Using Bitcoin! - page 12. (Read 28012 times)

Max covered this well:

Dev did not answer my questions. It looks not very confident at this moment. 

When mainnet start?

We have telegram set up: https://web.telegram.org/#/im?p=@VeriBlock

Interesting project. Love to follow it.
Discord?

Since the coins from the Testnet do not have any value as wealth except functions of testing, Can I assume that you team do not have any  confidence at your project or your codes because you need limitless time or days to run your program on the Testnet?

Once other people copy your idea and formerly announce a similar project, the community will certainly follow the formerly announced project. We will see who will finally harvest the apples.  

We don't have an exact target date, however the public testing of our Testnet has gone very smoothly so far. We will release the mainnet version of VeriBlock when we are confident that the code performs as expected and that all of the network parameters (reward schedule, incentive structure, blocktime, etc.) are at optimal values.



No, the Antminer A3 for SIA is for BLAKE2b, whereas vBlake is a modified version of BLAKE2b that introduces additional rounds, even-output-distributed 3-input logic functions, and different rotation values. That being said, a vBlake ASIC is possible to manufacture, and some of the work done in designing a BLAKE2b ASIC can be re-used in designing a vBlake one.

stands out compared to the majority of new coins coming
cool

Will the coin be minable with antminer A3 ?

"Block Generation Protocol: Proof-of-Work (PoW) Mining w/ vBlake"

 hope will premine some coins or it will be a fair launch !ill keep my eye on to it

DEV YOU CAN SAY WHEN THE BASIC NETWORK WILL BE LAUNCHED?

Dev. it is an interesting project. Just have a discussion about these issues on my post: https://bitcointalksearch.org/topic/your-opinion-on-the-influence-of-asic-machines-3138706 . It seems your project to give a good solution if demonstrated and accepted by the community.

That's one aspect of the project; by creating a 'tree-of-chains' structure, VeriBlock + PoP enable a large ecosystem of blockchains to proliferate because they can operate with a similar security context as Bitcoin, while 'paying' Bitcoin and its miners for the privilege.



It's for people who are interested in the technology and/or want to have experience setting up and interacting with VeriBlock prior to it's actual mainnet launch; think of this like a practice run for people who will want to be involved in the mainnet.

Confirmed. VeriBlock (VBK) is a brand new coin.

NOTE: The software available for download below is for the VeriBlock testnet blockchain.
The network (and all address balances) will be reset prior to official mainnet launch.
WHY people so crazy for air know？

Is it basically to solve the issue of a large amount of data on bitcoins using a hybrid PoW and PoP system? Keep an eye on this project.

Check out https://github.com/VeriBlock/nodecore-releases/releases and click on the latest .zip "all" release (nodecore-all-testnet-0.1.0.zip)



This is for PoP mining, which is the mechanism by which the VeriBlock blockchain secures itself to the Bitcoin blockchain. VeriBlock testnet is secured to Bitcoin testnet, and anyone can act as a PoP miner on VeriBlock testnet by spending a nominal quantity of testnet Bitcoin coins in order to publish the current state of the VeriBlock testnet blockchain to the Bitcoin testnet blockchain. Right now, Bitcoin testnet transaction fees are incredibly low.

Do not spend any 'real'/mainnet Bitcoin on PoP mining VeriBlock testnet; not only are testnet coins considered to be devoid of value, but testnet VeriBlock tracks the testnet Bitcoin chain rather than the mainnet Bitcoin chain (so PoP transactions done to mainnet Bitcoin on behalf of testnet VeriBlock will not be accepted by VeriBlock testnet anyway).

See:

Javi is correct in that the VeriBlock blockchain is currently in testnet. However, anyone wanting to test the new consensus feature introduced by VeriBlock (Proof-of-Proof mining) needs to spend testnet Bitcoin (not mainnet Bitcoin) to do PoP mining on behalf of VeriBlock testnet (thereby securing VeriBlock testnet to Bitcoin testnet).



Did you start a local instance of NodeCore and  type "connect 127.0.0.1:10500" to connect to that local instance first?




Added a note at the bottom of the ANN about the difference between the VeriBlock and  VeriCoin/Verium projects.




You are currently mining coins on the VeriBlock testnet. Upon release of the VeriBlock mainnet, a GPU miner will be publicly available.




Thanks for your interest in VeriBlock! We currently have several social media channels available (check out veriblock.org for the most recent list).




PoW on VeriBlock behaves similar to PoW on other blockchains; blocks are mined by miners consuming significant computational resources.

PoP, however, is an entirely new form of mining; PoP miners publish the current state of the VeriBlock blockchain to the Bitcoin blockchain (or currently, the state of VeriBlock testnet to Bitcoin testnet), and by doing so earn a mining reward for helping VeriBlock inherit Bitcoin's security.

Extraction on the processor is working, it is not clear how pop in the test network to check and extract on video cards.

Guys now it is testnet. it is useless coins before mainnet   think before you start mine it for long time and profit

looks interesting, keep sharing updates

discord would be helpful for the community