Topic: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast - page 11. (Read 382201 times)

Viacoin has surpassed the 23,1 million coins !


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502 Bad Gateway

VIA is now listed on Bitbibe Decentralized Wallet & Exchange.
+ Wallet : https://wallet.bitbibe.io
+ Exchange : https://dex.bitbibe.io/VIABTC

Based on the idea of Ethereum Decentralized Wallet, Bitbibe is the Decentralized Wallet & Exchange for Bitcoin and Forked Altcoin, for more information, please check our website http://bitbibe.io.

We also have an Airdrop campaign for the first 2000 participants. This campaign will be ended on 31 October 2018 (less than 1 week). Click here to get more information:
https://medium.com/@bitbibe.technology/guide-to-receive-bitbibe-technology-coin-bibe-in-1-minute-8671cf470ce

 I think it will have some great usage in the next year with more and more people looking into crypto , many will look for alternatives to get into the digital currency age

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Why i prefer Viacoin



First of all it is auxiliary proof of work. Which is in my opinion one of the fairest systems.

People can mine Viacoin without hardly losing any of their hashrate, what makes it also long term sustainable.

If i look to proof of stake for instance, i see that almost all pos coins are centralized.

Only a handfull of people increase the supply of coins, and slowly sell their coins.
And those same people telling everybody that banks print money out of thin air, while they do basically the same.

They had the advantage / luck to buy in very early and made it a money faucet, for the rest of the time that people will buy their freshly generated coins, which is nothing more than basically turn on your wallet for a few hours a day with totally no investment or costs whatsoever.

Everyday they will turn on their wallet and another 50.000 dollar etc.. Is ready to be sold.

Such problems don't exist with Viacoin.
Viacoin has almost no inflation, and when it will hit the max supply, there will be totally no inflation, and the miners will only generate the transaction fees.

No money faucets for a few in Viacoin.
When coins are sold they are sold.
And if you want them back, you need to buy them back.

But this aspect aside.

Also compare Viacoin with other cryptocurrencies.
Than you will notice that Viacoin has a very fast blocktime of 24 seconds.
And sure their are cryptocurrencies with even a faster blocktime, but does any faster as Viacoin really matter?

For me it don't.
My transactions are at such a speed that i almost instant send or receive funds. (Without using the lightning network)

Also the transaction fees are randomly around 200 vitoshi, which is below $0,0005 !

Let's compare digibyte for instance,

The digibyte coin generation is 736 coins per block.
Their blocktime is 15 seconds. Their are 2944 coins generated each minute. That is 176.640 coins per hour. Which is 4.239.360 coins per day at the current rate of $0,0236 is an everyday inflation of $100.048,89.

Than we calculate the inflation of Viacoin.

The Viacoin coin generation is 0.078215 per block.
Blocktime is 24 seconds. There are 0.195 coins generated each minute. That is 11,7 coins per hour. Which is 280,8 coins per day at the current rate of $0,6503 is an everday inflation of $182,60.

And than we not even talked about supply, and the probably manipulated / overrated price of digibyte.

Because digibyte is POW. I think there never will be a fair price in the existence of digibyte.

Because miners must earn their coins at a rate that they have profit and it is attractive to miners to mine Digibyte.

These problems don't exist with Viacoin, because Viacoin is auxiliary proof of work and can be mined without hardly losing any hashrate on the Viacoin network itself.

Lets take a look to the supply of both coins.

We begin with Digibyte and we decrease the supply of Digibyte to 23 million what is the supply of Viacoin.

Digibyte: The circulating supply is 10.000.000.000 ( 10 B )

10 B at $0,02

1 B at $0,20

100 M at $2,00

10 M at $20,00

Yes at a supply of 10 M a price of $20,00 !

10.000.000 (supply DGB) x 2,3 (supply VIA) = 23.000.000.

$20,00 x 2,3 = $46,00.

Digibyte would have a worth of $46,00 if we decrease DGB to the supply of Viacoin.

Very overrated i think for Digibyte.
But the price of digibyte is manipulated i think because there would be no miners for Digibyte and the network would probably be out of the running.

Remember that Viacoin don't have these problems !

The price of Viacoin is not kept artificially high, thats why you pay for Viacoin $0,65 instead of $46,00 !

Also the aspect of no inflation in combination with aux-pow makes it more decentralized than others, because behind digibyte and others are operating big mining farms, they don't care about the projects they mine, only the profits they are making , and they let people pay a high price, for which they sell.

And i am not here to bash digibyte or any other currency, this is my own opinion and i can be wrong.

Also when you look at the charts you see Viacoin has decreased around 10 times since all time high. (ATH $6,60 -current rate $0,65)

While others decreased way more rapidly, lets take a look to random others:


QTUM - ATH $103 -current rate $3,00 - 34 x decreased.

BCD - ATH $93 -current rate $2,00 - 46 x decreased

XVG - ATH $0,28 - current rate $0,01 - 28 x decreased


And this are just a few examples.
You will notice that the price of Viacoin did it better than most others while we are in this bear cycle.

This is probably because there are no multi million dollar mining farms behind Viacoin.

But enough about that.

Just have a look to all the features of Viacoin. Compare it with others and decide by yourself.

Just a tip when you buy cryptocurrency: Buy small quantities over a spreaded time period, than you probably have a better control over your dollar average.

Viacoin Copay - Multisignature Wallet
This video explains how creating and sending multisignature transactions with Viacoin Copay works.
https://www.youtube.com/watch?v=E_HOzhZcDxg

VIACOIN - just a quick reminder

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1.The max-supply is: 23.176.392
2.The circulating supply at this moment is: 23.095.692

When Viacoin will reach the max-supply will result in totally no inflation.
There will be never more coins as the specific 23.176.392 Viacoin.

In the long-term should have this a positive effect in the value of Viacoin.
Because there is no coin generation anymore.


1. Why invest anyway?

In the coming years, it will be very hard to obtain Viacoin, without paying for it.
Sure, you can mine the coin, but if the max-supply is reached, the network will run only on the fees of transactions.

If you look for a decent coin that POSSIBLY can hold it's value, than i personally suggest Viacoin.


2. Why should a miner choose for Viacoin when it is running only on the network fees?

The viacoin network is using auxiliary proof of work, meaning that you can mine viacoin with other cryptocurrencies.
Miners will hardly loose any of their hashrate by mining viacoin.
It will only maximize their profits.

Auxiliary proof of work is also what Viacoin making it long term sustainable.
Because why should a miner not mine Viacoin? It's free.

The other feature of Viacoin is that it has a secure network hashrate.
Meaning that a 51% attack for instance is very expensive for possible attackers to care out.

A lot of people don't look to hashrates at all, but it are the fundamentals of a secure network.

The network hashrate of Litecoin is at this moment: 200 TH/s

While the Viacoin network hashrate is at this moment: 22 TH/s.

Keep in mind that Litecoin ($53,74) is about 100 times the value of Viacoin ($0,55).
While viacoin has a 9 times lower hashrate.

Making Viacoin in terms of value/hashrate more secure than Litecoin.

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Long term Via holder here..
I would be more then happy, if team aggresively continues to implement Via as payment method for various merchants, like we did in recent months.
Let it be small SMEs or startups at this stage..
Our big competitors Nano and LTC are working hard towards this direction.

Thanks 

Ok. Thank you.

at the first page you of the Ann you literally see a link to the whitepaper. Roadmap can be found on the website 

The same amount you need to start a bitcoin mode

Is there a white paper and the road map?

Guys how many coins I need to start a node?

This looks really good, can't wait for the whole video. Looks like Via finally found its bottom. 9k sats has strongest support.

Viacoin Copay teaser
A quick teaser about the Viacoin Copay multisignature feature. Full video coming soon!
https://www.youtube.com/watch?v=sVMdPhEYebY

Thank you for reminding Viacoin community that this one is a mandatory upgrade.
I will spend a couple of minutes to upgrade my wallet later today after work.

BtcPay Viacoin Docker images and Viacoin C-Lightning are also updated to 0.15.2 now.
If you did not upgrade to 0.15.2 yet, please get the wallet for your OS at https://viacoin.org