Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 22. (Read 1356140 times)

ppl are looking to invest in your coin and are trying to find reasons to do so.

this forum is a very important place to keep up to date.

I was looking backward and most comments are some kind of jokes (I hope).

Can you please provide a list of features that makes your coin different than the others.

What was done and what needs to be done?

Where do you see this coin in the future?

Thanks

ewwwww...Sounds kinda messy! We like to keep things clean and dry around here! Don't want to gum up the coin hyper matrix

yes we are just getting our get wet. Much more to come

file menu reload blockchain

My wallet is stuck 18 days ago and can't sync. Any advice? Thanks.

Vericoin and Verium are here to stay, not going anywhere...the devs are working on the code for both wallets to be as efficient as possible for staking and mining then move on to the trading wallet integration. More projects being worked on by other 3rd party developers and more to come

Yes it is! Still going after 2.5+ years 

Yes, more to come

Is this project still alive and kicking?

would anyone be so kind to make an ELI5 here? I was considering buying some VRC for my diversified portfolio on Polo but then I started reading about Verium. Will VRC be here for the long run or replaced? Are you waiting for some integration of the two blockchains that will drive the price up in the short term you think?

thanks

It would be hard for them to change anything in Bitcoin without the consent of the miners, the miners have all the power.

PoST/PoWT joined is brilliant in my mind, all the positives of both with none of the draw backs because they cover each other.

How? It will just be two different coins.  They'll never work together on a complex and integrated project like this.  They hate each other.

Thing is they might be doing that now, then they would take all the fame. Not VeriCoin/Verium

Something I have thought about is imagine if Satoshi had started bitcoin with two blockchains, linked together in a wallet like VRC/VRM is envisioned to be.  VRC, like Bitcoin Unlimited, built for transactional efficiency, and VRM acting like BTC Core, an immutable store of value.  Maybe there wouldn't be the battle there is today between the two camps in Bitcoin.  Instead Core would remain primarily security focused as a store of value and BTU would be free to try changes aimed at keeping the payment system competitive.  Not only that but you get a certain level of anonymity when you deposit in your VRM vault, like a Swiss bank. It's the best of all worlds in one wallet. No, it's VeriSwiss^TM. Please deposit VRM marketing funds in my bitcoin address below  

One other thing I just thought of -- second layer payment options like a LN riding on top of VRM could give the vericoin system a third layer for microtransactions. The VeriTriad^TM

Edit: VRC to VRM dual thread connection TestNet (VeriThread^tm)

VRM: VJ1a71E6G45LtTDedxWgAYaMbFk32qufuS

Why not do both?

Devs are already working on optimizing the VeriCoin wallet to use 60% less resources, are finishing up the update to the Verium miner code to be more efficient for mining. They have mentioned wanting to merge the wallets into one, so why can't you mine and stake at the same time? With a possilbe requirment to hold Verium and VeriCoin to be able to do the decentralized anonymous swap in wallet with a 10 to 1 ratio.

Just like having a vault at home with gold for savings and holding value and your chequing account at your bank for spending and earning interest.

I thought that sounded familiar.

This sounds like an interesting concept to having 2 block chains working together and for each other.

But here's a question thought.....

If we are storing our value in Verium, why do that if there's an incentive to keep your value in VeriCoin -- as because if we are staking our coins we earn interest, thus creating more value for us. If it's stored in Verium we are not earning anything.

Sorry I thought I responded, my bad

"My understanding is the main benefit is that it will increase security of the blockchain once activated through AUX mining. Mining Verium will secure the Vericoin blockchain and the Verium blockchain. Miners will receive Vericoin and Verium for there mining efforts. One of the major reasons given why Bitcoin has so much value is it is the blockchain with the highest security factor. POS chains are considered insecure by many in this space, so moving to a hybrid model where Vericoin is mined via POS and POW will reduce the attack vector.

An additional benefit is that VRM will be swappable to VRC and back again directly in the wallet via an automatic transfer mechanism which will be decentralized, untraceable and anonymous. The ratio should be 1 VRM = 10 VRC in theory. I believe the developers may be looking at having a required amount in the wallet to do the swap. So as to fund an account and hold some Vericoin and Verium to do the swap.

VRM is kind of like a sidechain to VRC but maybe we should think of it the other way round. In the future VRM would be the store of value and VRC would be used for day to day transactions because of the low fees, and instant transfer and the most secure blockchain."

I borrowed this quote from a member of the community and alternated it a bit.

Looks like it did a rounding bottom to me.

I still never really got an answer. Sounds like Verium will be a pass for me. Don't see the value prop for crypto users. Good luck!

Dad? But I thought you ran off with the goat!