Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.
VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.
P.S. - Welcome to the VeriCoin community!!
Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.
I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story
But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.
Thanks for the info.
Unfortunately that "info" is quite a bit scattered and you have to take it with a grain of salt... a very big one at that.
It is complex and difficult to put forward in a few words, but I'll try: jl777, "James" is a member of the Vericoin community and has a sizable (around 220k VRC) investment in it. He is also an "honorary dev", so to speak, self-bound to get Vericoin to join the core of the SuperNET project... in due time. It will be a few months, before he can get the code up to speed with the requirements the SuperNET imposes and, meanwhile, Vericoin and its devs will be acting as spokespersons for the SuperNET project. All of this has been enthusiastically supported by all but 2 of the members of this community, including the three devs who have generously donated to the initial requirement of James (an option fund of sorts). Given that the community and its devs came out with over 500k Vericoin "donated" to the fund in 48 hours, James exercised unparalleled generosity and reverted the fund entire to the community... so the funding continues in effect with a target of 2 to 2.5 million coins which, with the full support of the community, will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount.
There are two targets (or thresholds), set by James, one to reach 0.0005 BTC per VRC in price, and another to reach 0.001BTC. Although the ETA is cloudy, all those targets and objectives can and should be accomplished along the next few months, 6 at most, but obviously there are no warranties.
I hope this synthesis reflects the current situation and projects -along with the ones that Vericoin had itself before "James" came in, of course-. For more detail, you should look for one the most recent posts by PNosker, one of the developers, in which he offered a nice update on what was actually taking place in the new roadmap of the development, since James arrived. It should be within the last 10 pages of the forum, I think.
