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Topic: [ANN] VOXELS (VOX) | The Official Coin of Virtual Reality and Voxelus Platform - page 89. (Read 418557 times)

hero member
Activity: 770
Merit: 504

It means our servers checkpoint every block mined by us on the blockchain. Advanced checkpoint technology rejects any other blockchain trying to be introduced with a longer chain, making a 51% attack and double spending impossible. It doesn't affect or slow down transactions in anyway and no transactions are being manually approved.

It sounds like to me that you don't even want a blockchain.  The entire point of a blockchain is so no trusted central authority is needed, and it expends a crap load of energy and inefficiency to achieve this.  But from what you are telling me, all you really wanted was a digital token to start with - a digital token that is solely under your company's control.  You have done the equivalent of inventing a great stove by using the excess heat from the radiator of an internal combustion engine.  You gain nothing with your current implementation and in fact introduce a suite of potential vulnerabilities and security flaws down the road.
hero member
Activity: 510
Merit: 500


Thanks for the comments! Actually VOX is the only POW coin in the world with advanced checkpoint technology. Therefor it is not possible to hijack the blockchain and double spending of VOX is not possible.
 
  
"Advanced checkpoint technology"?  Is that a fancy way of saying a central authority (the company) has to manually approve all transactions on your blockchain and/or reserves transaction veto rights?


It means our servers checkpoint every block mined by us on the blockchain. Advanced checkpoint technology rejects any other blockchain trying to be introduced with a longer chain, making a 51% attack and double spending impossible. It doesn't affect or slow down transactions in anyway and no transactions are being manually approved.
hero member
Activity: 510
Merit: 500
I got this from Maximo Radice of the Voxelus team today.

Maximo Radice: Today we launched the ability of editing/adding blocks while inside of a VR world.
Maximo Radice: This is the first release of a series of features.
Maximo Radice: Full blown 100% map creation built in VR will be available in a few months.



hero member
Activity: 770
Merit: 504


Thanks for the comments! Actually VOX is the only POW coin in the world with advanced checkpoint technology. Therefor it is not possible to hijack the blockchain and double spending of VOX is not possible.
 
  
"Advanced checkpoint technology"?  Is that a fancy way of saying a central authority (the company) has to manually approve all transactions on your blockchain and/or reserves transaction veto rights?
hero member
Activity: 510
Merit: 500

Guys I really liked your materials, and spent some time reading on the potential of Voxels. 
 
But let me tell you something: you are in severe danger of getting Tywin-Lannisaurus REKT
 
You made your own blockchain as a Litecoin clone, which means you have a Scrypt-algo to mine with no block reward to incentivize miners.  So.... wouldn't an attacker just need to point a multipool at your blockchain to subvert purchases?  If your platform grows to any significant scale, the cost to maintain good enough security will be borne by you, the company, and will only increase with your market cap (as the incentive to subvert the system increases). And it's gonna be an ongoing cost.

This should greatly worry you, as it immediately deters me (a potential investor) from buying a single Voxel. 
 
Thankfully, there already exists a wonderful solution to your dilemma.  Counterparty is an excellent way to secure tokens representing digital assets like yours, and other legit projects like Bitcrystals are already using it.  You need to get on the horn with your boy Voorhees and have him work out a plan to swap your current Voxel tokens 1:1 for Counterparty tokens ASAP before this damages your growth further.  If Voorhees isn't an option, perhaps I can find you a qualified guy. 
 
Again, this isn't FUD.  I like your project and your marketing is slick as hellfire.  But your entire project is DOA unless you fix your underlying technical issues.
 


Thanks for the comments! Actually VOX is the only POW coin in the world with advanced checkpoint technology. Therefor it is not possible to hijack the blockchain and double spending of VOX is not possible.
hero member
Activity: 770
Merit: 504

Guys I really liked your materials, and spent some time reading on the potential of Voxels. 
 
But let me tell you something: you are in severe danger of getting Tywin-Lannisaurus REKT
 
You made your own blockchain as a Litecoin clone, which means you have a Scrypt-algo to mine with no block reward to incentivize miners.  So.... wouldn't an attacker just need to point a multipool at your blockchain to subvert purchases?  If your platform grows to any significant scale, the cost to maintain good enough security will be borne by you, the company, and will only increase with your market cap (as the incentive to subvert the system increases). And it's gonna be an ongoing cost.

This should greatly worry you, as it immediately deters me (a potential investor) from buying a single Voxel. 
 
Thankfully, there already exists a wonderful solution to your dilemma.  Counterparty is an excellent way to secure tokens representing digital assets like yours, and other legit projects like Bitcrystals are already using it.  You need to get on the horn with your boy Voorhees and have him work out a plan to swap your current Voxel tokens 1:1 for Counterparty tokens ASAP before this damages your growth further.  If Voorhees isn't an option, perhaps I can find you a qualified guy. 
 
Again, this isn't FUD.  I like your project and your marketing is slick as hellfire.  But your entire project is DOA unless you fix your underlying technical issues.
 
hero member
Activity: 798
Merit: 722
Hi jimblasko:)

This Board is full of FUD.
I want you to make a new topic.

A topic of other currencies is usually adding the moderate function.
The trust of this currency should not be hurt in FUD.
You should manage communications appropriately.
These FUD would lower developer's motivation.

image

It's not FUD, but legit questions. Please give me an example of FUD in this topic.
I'll give you one which isn't be answered yet: what is the added value of Voxels? Why not just accept BTC in the Voxelus store?

A self-moderated topic is a sure sign of a scamcoin

The added value of Voxels is 210,000,000VOX * $0.40(?) = $$Money in Jim's pocket
sr. member
Activity: 309
Merit: 250
Hi jimblasko:)

This Board is full of FUD.
I want you to make a new topic.

A topic of other currencies is usually adding the moderate function.
The trust of this currency should not be hurt in FUD.
You should manage communications appropriately.
These FUD would lower developer's motivation.



It's not FUD, but legit questions. Please give me an example of FUD in this topic.
I'll give you one which isn't be answered yet: what is the added value of Voxels? Why not just accept BTC in the Voxelus store?
newbie
Activity: 57
Merit: 0
https://twitter.com/mrepetto

Matin said he was broke...

i know spanish and that is not what it means. stop the FUD
newbie
Activity: 26
Merit: 0
newbie
Activity: 28
Merit: 0
Hi jimblasko:)

This Board is full of FUD.
I want you to make a new topic.

A topic of other currencies is usually adding the moderate function.
The trust of this currency should not be hurt in FUD.
You should manage communications appropriately.
These FUD would lower developer's motivation.

http://i.imgur.com/BZTpplu.jpg
hero member
Activity: 798
Merit: 722
The price is too low Angry

It's dead.

It's still worth more than Jim Blasko's first coin, unbreakablecoin... give it time... there is more room to drop

what's coin is Jim first coin?

http://coinmarketcap.com/currencies/unbreakablecoin/

slow/dead blockchain... over half the current supply was instamined... pump-n-dump... code never updated, ever (seriously, not even once to fix bugs)... worthless shitcoin (current market cap under $10k for 2.2mil coins!)

Only an idiot would hire the "dev" from UNB... and I use the term "dev" VERY loosely...


oh,no,WTF!!!!!
VOX  is almost the same as unbreakablecoin
and the result may be too.

Of course its the same... Jim isn't a coder... he doesn't know the programming language bitcoin is written in... he's not a dev... he doesn't understand bitcoin protocol very well either... he couldn't make changes if he wanted to... so VOX is likely a clone of UNB (core v0.8.6, old/buggy/vulnerable)

He didn't even create UNB himself, he paid a website to do it... Matt Corallo is the name on the github commits for UNB creation (he later paid another dev to update the wallet fonts and background colors *he cannot even do simple shit*)

There are a few videos on youTube with Jim trying to talk about bitcoin/unbreakable coin and he displays a failure to understand simple things, like how mining of blocks works in the code, etc... its clear he just doesn't get it

I have personal experience dealing with the man... I have wasted many hours trying to teach him how this shit actually works, and he refuses to understand
newbie
Activity: 26
Merit: 0
The price is too low Angry

It's dead.

It's still worth more than Jim Blasko's first coin, unbreakablecoin... give it time... there is more room to drop

what's coin is Jim first coin?

http://coinmarketcap.com/currencies/unbreakablecoin/

slow/dead blockchain... over half the current supply was instamined... pump-n-dump... code never updated, ever (seriously, not even once to fix bugs)... worthless shitcoin (current market cap under $10k for 2.2mil coins!)

Only an idiot would hire the "dev" from UNB... and I use the term "dev" VERY loosely...


oh,no,WTF!!!!!
VOX  is almost the same as unbreakablecoin
and the result may be too.
hero member
Activity: 798
Merit: 722
The price is too low Angry

It's dead.

It's still worth more than Jim Blasko's first coin, unbreakablecoin... give it time... there is more room to drop

what's coin is Jim first coin?

http://coinmarketcap.com/currencies/unbreakablecoin/

slow/dead blockchain... over half the current supply was instamined... pump-n-dump... code never updated, ever (seriously, not even once to fix bugs)... worthless shitcoin (current market cap under $10k for 2.2mil coins!)

Only an idiot would hire the "dev" from UNB... and I use the term "dev" VERY loosely...
newbie
Activity: 26
Merit: 0
The price is too low Angry

It's dead.

It's still worth more than Jim Blasko's first coin, unbreakablecoin... give it time... there is more room to drop

what's coin is Jim first coin?
hero member
Activity: 798
Merit: 722
The price is too low Angry

It's dead.

It's still worth more than Jim Blasko's first coin, unbreakablecoin... give it time... there is more room to drop
legendary
Activity: 1764
Merit: 1000
The price is too low Angry

It's dead.
They talk with Hollywood.
I saw it in a forum before a little.
It isn’t dead.
It save power to jump.

Until now you have not figured it out yet? Don't always believe what they say, especially using the Hollywood thing to boost their price value. They are just words and no proof.
newbie
Activity: 28
Merit: 0
The price is too low Angry

It's dead.
They talk with Hollywood.
I saw it in a forum before a little.
It isn’t dead.
It save power to jump.
newbie
Activity: 26
Merit: 0
sr. member
Activity: 461
Merit: 250
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