Author

Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 334. (Read 1356147 times)

legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
seriously, would the devs allow the coin to go under 10k SAT?

How could the devs stop it? Besides rolling back of course.
newbie
Activity: 65
Merit: 0
threw 2 MH/s scrypt to pool.vericoin.info

Anyone know how long it will take @ that hash rate to see my first coins?
When you have mined 1 VRC and based on OBA could take one or 2 days for payment comes in.

Thank you!
full member
Activity: 126
Merit: 100
seriously, would the devs allow the coin to go under 10k SAT?
full member
Activity: 126
Merit: 100
http://vrcstake.ticonerd.com/ went trough the roof lol

why is the 24 high at 28M when total coins is only 26M?
i would like to know that too

Yeah the stake is not directly coins. It's a coin weight that includes coinage (time since last earned interest for each coin). It's essentially normalized including coinage and is close to the total coins staking but a bit more complex. Nonetheless this is some historic staking for POS I suspect and is near the realistic maximum. Impressive show of community strength!  Kudos to all you guys! Go VeriCoin! 

what is the possible maximum stake..just curious.. so i can better understand staking
hero member
Activity: 538
Merit: 500
Hello
aaaaaaaand here comes a dump =p
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
http://vrcstake.ticonerd.com/ went trough the roof lol

why is the 24 high at 28M when total coins is only 26M?
i would like to know that too

Yeah the stake is not directly coins. It's a coin weight that includes coinage (time since last earned interest for each coin). It's essentially normalized including coinage and is close to the total coins staking but a bit more complex. Nonetheless this is some historic staking for POS I suspect and is near the realistic maximum. Impressive show of community strength!  Kudos to all you guys! Go VeriCoin! 
hero member
Activity: 538
Merit: 500
Hello
http://vrcstake.ticonerd.com/ went trough the roof lol

why is the 24 high at 28M when total coins is only 26M?
i would like to know that too

Because the staking network != coins in circulation. There is a greater weight to the number of coins the longer they have been staking. So in theory (and now reality) coins staking >= coins in circulation
hero member
Activity: 532
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
EVERY ONE THE NETWORK STAKE IS NOT THE SAME AS THE AMOUNT OF COINS STAKING THAT IS JUST THE "STAKE WEIGHT" OF THE NETWORK

I hope this cleared up any confusion.


Posting again
full member
Activity: 251
Merit: 102
full member
Activity: 126
Merit: 100
http://vrcstake.ticonerd.com/ went trough the roof lol

why is the 24 high at 28M when total coins is only 26M?
hero member
Activity: 538
Merit: 500
Hello
Completely random question but is there any significance to the number of "active connections" displayed within the wallet? I am often between 2-5 connections and was wondering if it means anything? Perhaps more connections = greater chance of staking faster?

Any response is appreciated.

Not sure if you solved this problem, but I was having the same issue and now have over 31 active connections to the network.

The issue for me was with my wireless router settings:
Try this first.
1) check your router config/administration to see if UPnP is Enabled or available. Restart router/wallet/pc.
This may solve your problem.

Also check to see if you have a vericoin.conf file set up and using a text editor, see if the following supernodes are present in plain text.
addnode=supernode.vericoin.info
addnode=supernode2.vericoin.info
addnode=supernode3.vericoin.info
addnode=supernode4.vericoin.info
addnode=supernode5.vericoin.info


For me (linux/ubuntu) I also had to
2) manually set my IP address out of the DHCP range (was 192.168.1.1 through192.168.1.200) I manually set to 192.168.1.201 as an example.
3) enable port forwarding for port 58683 in router to this IP address.


I would assume it's my router before anything else. I wasn't really complaining about it being a problem as much as I was just curious as to what these numbers mean. According to Socal's response it doesn't really benefit in any way other than having a more secure network. The question I was wondering is would having more connections = faster staking = more money?? Which by my understanding is no. If that's the case than I don't care =)

I do appreciate the feedback though - I'll look into my router settings and see if I can speed things up Smiley Thanks!
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
threw 2 MH/s scrypt to pool.vericoin.info

Anyone know how long it will take @ that hash rate to see my first coins?
When you have mined 1 VRC and based on OBA could take one or 2 days for payment comes in.
full member
Activity: 168
Merit: 100
So nice to see this many staking, luv the interest daily.  Can't beat free coins.
newbie
Activity: 53
Merit: 0
Completely random question but is there any significance to the number of "active connections" displayed within the wallet? I am often between 2-5 connections and was wondering if it means anything? Perhaps more connections = greater chance of staking faster?

Any response is appreciated.

Not sure if you solved this problem, but I was having the same issue and now have over 31 active connections to the network.

The issue for me was with my wireless router settings:
Try this first.
1) check your router config/administration to see if UPnP is Enabled or available. Restart router/wallet/pc.
This may solve your problem.

Also check to see if you have a vericoin.conf file set up and using a text editor, see if the following supernodes are present in plain text.
addnode=supernode.vericoin.info
addnode=supernode2.vericoin.info
addnode=supernode3.vericoin.info
addnode=supernode4.vericoin.info
addnode=supernode5.vericoin.info


For me (linux/ubuntu) I also had to
2) manually set my IP address out of the DHCP range (was 192.168.1.1 through192.168.1.200) I manually set to 192.168.1.201 as an example.
3) enable port forwarding for port 58683 in router to this IP address.


newbie
Activity: 65
Merit: 0
threw 2 MH/s scrypt to pool.vericoin.info

Anyone know how long it will take @ that hash rate to see my first coins?
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
full member
Activity: 157
Merit: 100
CryptoCalc.org - Altcoin Profit/Loss Calculator
Remember everyone!  Get your VeriCoin shirts and hats here!

https://shop.moolah.io/VRClothes

Worldwide shipping and 50% of profits will go to the VeriFund!

Only 16 days left!
hero member
Activity: 538
Merit: 500
Hello

To answer your question Xosihc the number of connections is namely that your number of connections to the VRC Network, so more connections = more stable network connection but does not affect your stake chance


Gotcha - thanks for the reply back! Helps to know what everything means Smiley
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
4.3 BTC volume on this SHITCOIN

Pack your CRYPTOBAGS boyz, you sleep outside in shoe boxes tonight.

Shitcoin is bleeding. Shitcoin is dying. Patrick Nosker made a ton of money from that Mintpal hack. He saved the exchange, made a shit ton of money off Mintpal, cause i know that they talked a lot behind the scene, and sacrificed Vericoin instead. Mark my fucking words. 4k satoshi, here i come
Veri helpfull post. Are you to blind to see that YOU are hurting the crypto community as a whole? People like you are taking crypto down, brick by brick. You prick.

Why is he a prick?  Because hes right, and trying to warn you?  Just because you disagree doesn't mean it is true.  I guess one or the other will be proved right in the coming months... honestly I don't want to wait that long there is way more action other places.  When people are in control of this much money it seems like its only a matter of time before they try to con people out of their money by claiming they were 'hacked'.  Mt Gox got away with it so now everybody thinks they can.
Dude.. Hes posting really agressive, calling this a shitcoin, saying pnosker profited from the MP hack. These claims are not true. Why are you here anyway? What have you done for this coin? Nothing. I already thougt so
sr. member
Activity: 294
Merit: 250
4.3 BTC volume on this SHITCOIN

Pack your CRYPTOBAGS boyz, you sleep outside in shoe boxes tonight.

Shitcoin is bleeding. Shitcoin is dying. Patrick Nosker made a ton of money from that Mintpal hack. He saved the exchange, made a shit ton of money off Mintpal, cause i know that they talked a lot behind the scene, and sacrificed Vericoin instead. Mark my fucking words. 4k satoshi, here i come
Veri helpfull post. Are you to blind to see that YOU are hurting the crypto community as a whole? People like you are taking crypto down, brick by brick. You prick.

Why is he a prick?  Because hes right, and trying to warn you?  Just because you disagree doesn't mean it isn't true.  I guess one or the other will be proved right in the coming months... honestly I don't want to wait that long there is way more action other places.  When people are in control of this much money it seems like its only a matter of time before they try to con their customers out of their money by claiming they were 'hacked'.  Mt Gox got away with it so now everybody thinks they can.
Jump to: