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Topic: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ - page 294. (Read 825850 times)

legendary
Activity: 1736
Merit: 1001
hopefully will still be under 25-30k when my BTC from coinbase arrives. Should've put more on the IPO...

Coinbase is so much fun aren't they

I can insta buy from coinbase. (up to a certain amount of course) No waiting needed.
legendary
Activity: 1736
Merit: 1001
How could this Scrypt coin make 600 BTC ICO... only because of this developer? I don't really see anything new here...

because people read the abundance of information available to them.



Read blog.viacoin.com, once you do you'll realize there's only this coin doing this- not just because of the developer.

I disagree with that. Many things he is talking about some other coins are doing and or working on. For example, NXT has the Asset Exchange and soon will release a Digital Goods Store and Monetary System.

Crypti is designed to allow custom block chains to run on their block chain, allowing for other apps to run on top of the block chain.

Those are both very similar to what the dev here is talking about. But, still, I invested due to the devs reputation, the low mining rewards which will mean miners will have to sell at a good high price to make a profit, which will only help the coin. This is actually the first POW coin I am holding other than Bitcoin actually atm.
newbie
Activity: 11
Merit: 0
Working on an article about Viacoin now and I'm really into it. If anything, the goals of this project are very important. Everything else looks to be above board too, but only time will tell.

Thanks btcdrak. Viacoin is gonna give us a look into the future of cryptocurrencies. I am ready for software to live on the blockchain.
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!

Specifications:
Name: Viacoin
Symbol: VIA
Total supply: ~92,000,000 (92MM)
Algorithm: Scrypt (POW)
Block reward: 5
Block time: 24 seconds
Difficulty retarget: every block
   Block 0 = 0 VIA
    Block 1 = 10,000,000 VIA (to be distributed by presale)
    Blocks 2-10001 = 0 VIA
    Blocks 10002-20801 = 10 VIA
    Blocks 20802-31601 = 8 VIA
    Blocks 31602-42401 = 7 VIA
    Blocks 42402-53201 = 6 VIA
    Blocks 53202-5312001 = 5 VIA
    Blocks 5312002-10568001 =4 VIA
    Blocks 10568002-15824001 = 3 VIA
    Blocks 15824002-21080001 = 2 VIA
    Blocks 21080002-26336001 = 1 VIA
    Blocks 26336002-31592001 = 0.5 VIA


I guess you should delete the first block reward:
Block reward: 5
legendary
Activity: 1064
Merit: 1000
Thanks dev for the smooth IPO! Good communication and planning. Sold a bit to get the investment back and holding the rest for the bright future to come!

Thanks. I think it could have been better. I learned a lot.
hero member
Activity: 750
Merit: 511
Any one has an idea how to sleep when holding this coin? Roll Eyes Grin

It's not a big deal after Blackcoin x100 pump and x5 dump Smiley.
full member
Activity: 196
Merit: 100
Added to https://coinmarketcap.com/

Currently number 36 market cap of    $ 974,217

update $ 1,005,940 lol
legendary
Activity: 1064
Merit: 1000
Really dude 10,000 blocks before the real rewarding blocks ? Why not 1000 ? Or only 5000 ?
And my favorite (I quote from a VIA pool ):  Note: Round Earnings are not credited until 3610 confirms.

Why ?  Angry

read. i promise it will take you further in life.

Stop being so double faced !
This 10,000 blocks-ZERO-reward scheme it is just to buy time for the dev and his "investors" to pump and dump on Bittrex and other exchanges.
In addition with this 3610 confirms this coin it is a palm in a face for any the regular miner.
Better don't waste your money and mine something else , let this abomination not reach to the block 10,000.



Looking at bitcoin, there are approximately 144 blocks mined per day. Maturity is set to 120 block, which is pretty much 1 day.
Viacoin has 3600 blocks a day, so it's about on par with Bitcoin.
There are sound technical reasons for this decision in Bitcoin from people way smarter than any of us here, including me.
Many altcoins have chosen to speed up block times and not increase maturity proportionately because either they didn't think it through, or
sadly, in some cases on purpose, so they can mine and dump as fast as possible milking their coin for it's short shelf life.

FYI Litecoin devs forgot to increase the maturity time, and there have been discussions about increasing it in the future - in their case, it was
simple an oversight. Fact is, longer maturity time is something Satoshi himself advocated.

So it's simple, if Viacoin is a scam because it has 1 day coin maturity, by definition, so is Bitcoin. You decide.


hero member
Activity: 750
Merit: 511
Really dude 10,000 blocks before the real rewarding blocks ? Why not 1000 ? Or only 5000 ?
And my favorite (I quote from a VIA pool ):  Note: Round Earnings are not credited until 3610 confirms.

Why ?  Angry

read. i promise it will take you further in life.

Stop being so double faced !
This 10,000 blocks-ZERO-reward scheme it is just to buy time for the dev and his "investors" to pump and dump on Bittrex and other exchanges.
In addition with this 3610 confirms this coin it is a palm in a face for any the regular miner.
Better don't waste your money and mine something else , let this abomination not reach to the block 10,000.

Quote
Blocks 10002-20801 = 10 VIA
Blocks 20802-31601 = 8 VIA
Blocks 31602-42401 = 7 VIA
Blocks 42402-53201 = 6 VIA
Blocks 53202-5312001 = 5 VIA

3600 blocks per day * 10 VIA = 36000 VIA per day
It's very little pressure for the exchanges.

Bittrex:
Quote
BTC VOL   328.23594598 BTC
VIA VOL    2307870.50983576 VIA



hero member
Activity: 896
Merit: 501
Any one has an idea how to sleep when holding this coin? Roll Eyes Grin
full member
Activity: 196
Merit: 100
300+ btc volume,wtf wat this coin.

A sleeper waiting to come out of the garage Wink
full member
Activity: 194
Merit: 100
BaiQi
300+ btc volume,wtf wat this coin.
sr. member
Activity: 364
Merit: 250
Thanks dev for the smooth IPO! Good communication and planning. Sold a bit to get the investment back and holding the rest for the bright future to come!
legendary
Activity: 1064
Merit: 1000
@btcdrak, on offense, but I think your team has got the IPO BTC and don't keep any VIA, so what's your motivation to develop this coin?

Viacoin is just the foundation stone. I'm not remotely finished yet.
legendary
Activity: 1064
Merit: 1000
Not sure if this has been addressed yet... But I was mining this from the gate (last night) and I have seen the hashrate just dwindle! My thought was,  How unfair that people can rent miners... and throw tons and tons of hashrate at a coin... but then call it off to mine something right away that they can make a profit at, while people like me, and many others too I'm sure, continue to mine this so we CAN get to the blocks that pay out... only to have the renters come back in and blow our hashrate away!

In short... I feel like the miners that are mining these 10,000 '0 reward' blocks are doing all the work, and when that is done, the "renters" will come in and make it to where we don't get hardly anything for that...  it doesn't seem right.  Maybe there is a way to "reward" the miners that are mining these 0 reward blocks?  Like the pools could carry our shares over to pay out ahead of of the "renters" after block 10,000??

Just a thought...  anyone else agree?  Or am I completely off here?

I have to admit that I really didn't think about it.  I have 250 MHS of rigs that I typically rent out and speculate when they are not in use. This launch is important enough to me that I just switched the rigs to VIA when they aren't rented. I would encourage others to do the same. Or contribute a small amount of your hash to support the network.



I am impressed. That's a very good attitude!
sr. member
Activity: 354
Merit: 250
::)The coin is a liar. The team has already hurt a lot of people. ICEBERGCOIN is also the team made. The coin to trading platform, trading platform to help increase. Then sell. Investors will lose everything!!! Cry Cry Cry Cry Cry

the account just Registered today,I think maybe he want to buy some cheap coin:) have fun
full member
Activity: 333
Merit: 100
Really dude 10,000 blocks before the real rewarding blocks ? Why not 1000 ? Or only 5000 ?
And my favorite (I quote from a VIA pool ):  Note: Round Earnings are not credited until 3610 confirms.

Why ?  Angry

read. i promise it will take you further in life.

Stop being so double faced !
This 10,000 blocks-ZERO-reward scheme it is just to buy time for the dev and his "investors" to pump and dump on Bittrex and other exchanges.
In addition with this 3610 confirms this coin it is a palm in a face for any the regular miner.
Better don't waste your money and mine something else , let this abomination not reach to the block 10,000.



3610 confirms? where did you see that info...thats alot.
sr. member
Activity: 364
Merit: 250
Really dude 10,000 blocks before the real rewarding blocks ? Why not 1000 ? Or only 5000 ?
And my favorite (I quote from a VIA pool ):  Note: Round Earnings are not credited until 3610 confirms.

Why ?  Angry

read. i promise it will take you further in life.

Stop being so double faced !
This 10,000 blocks-ZERO-reward scheme it is just to buy time for the dev and his "investors" to pump and dump on Bittrex and other exchanges.
In addition with this 3610 confirms this coin it is a palm in a face for any the regular miner.
Better don't waste your money and mine something else , let this abomination not reach to the block 10,000.



A little frustrated that you can't mine and dump yourself? So you now blame investors of the same thing?
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
Really dude 10,000 blocks before the real rewarding blocks ? Why not 1000 ? Or only 5000 ?
And my favorite (I quote from a VIA pool ):  Note: Round Earnings are not credited until 3610 confirms.

Why ?  Angry

read. i promise it will take you further in life.

Stop being so double faced !
This 10,000 blocks-ZERO-reward scheme it is just to buy time for the dev and his "investors" to pump and dump on Bittrex and other exchanges.
In addition with this 3610 confirms this coin it is a palm in a face for any the regular miner.
Better don't waste your money and mine something else , let this abomination not reach to the block 10,000.

full member
Activity: 333
Merit: 100
Hey guys.  Quick question.  I'm mining from http://via.oominoo.com/ and my username is one of my wallet addresses.  I've been mining for about 12 hours but no coins have been received.  I'm mining at 80 M/H so I'm not sure what's going on.  I am using the second address out of the 4 defaults when I first installed. Could that be the problem?

Mining will be started after block 10000,man

I guess I missed that memo.  Thanks!  I guess I'll just keep contributing my hash for the benifite of this community. 

Why, were at block 6,120, that's at least another 24 hours if 3600 block are mined a day.  Go move your hash somewhere else and earn something other than zero.
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