Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 794. (Read 1356163 times)

What the. . .SPELLING?

Nothing to do with Vericoin.

What the FUD?

Can these threads be deleted? They are inactive since Jan.

https://bitcointalksearch.org/topic/duibuqui-395758
https://bitcointalksearch.org/topic/update-verocoin-current-update-912014-405767
https://bitcointalksearch.org/topic/duibuqui-400076

cool! testing..

The work on VeriSend sounds promising.  What an investment firm may or may not do some day sounds less promising that actual code that works.

 

       

Deutsche Bank is getting a report tomorrow stating that VeriCoin is environmentally much friendlier than BTC and LTC and offers very fast, low fee transactions. If they like the report from one of their researchers they will consider a "high risk alternative investment" in it. I wish I had more details but I guess we will see what happens over the next couple of weeks! :-D

Thanks to our ANON testers we have ironed out a couple of bugs. Really looking forward to the full release of VeriSend.

Now that vrc has bottomed out at 10500 now would be a good time for some news, like when is the new wallet out haha.

Ah, I didn't know! Thanks

In case you don't know: http://coinbounties.com/vrc-vericoin/

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Thanks, I give up on trying to get this interest to work as I almost lost this whole wallet yikes ! wallet now loaded.

uninstall wallet, replace original wallet.dat with back up, open new wallet with -rescan and let it sync.

I have the dat file, do you guys know how to restore this wallet ?  I am on a mac. thanks

Staking gets you a percentage of interest that is variable depending of what you hold. You need to have the coins in your running wallet for half a day or so before they begin to generate interest.
The wallet must be up and running. The more coins you hold, more is to stake, therefore bigger the interest.
Payouts occur once in a while, few times a day - keep in mind what you stake dictates interest payouts - and you can check the estimate hovering over the right bottom blue VRC logo in the wallet.

You won't be able to access your coins at stake. They are hold in the wallet as unspendable, because obviously you can't generate interest with them and sell them at the same time. Think of it as a savings account. If you touch it you'll lose its yearly interest. Difference here is that you can't touch it, until interest clears. It clears out pretty quick though.

Hope this is helpful.

Vericoin (VRC)   0.00011394 BTC   +2170.18% past month

https://www.cryptonator.com/winners-losers/BTC/

nice 

I have "Spendable" Vericoin shown in my wallet, but am unsure of how to make my coins begin to "stake". They have been in my wallet for about 24 hours. Do I need to do something in order to allow the coins for staking? I show 14 active connections to the Vericoin network and when I hover my mouse over the logo in the bottom right corner of wallet I am told:

Staking.
Network interest rate is: 2.13923%
Network stake is: *******
Expected time to earn interest is: 8 hours

Are my coins currently considered "staked"? I show zero in "Stake:" in the top left corner of the wallet. and show all my coins in the "Spendable:...."

Also in order for coins to be staked must they be left on the open wallet on a computer harddrive or will they stake when left in cold storage as well (from what I understand they do not)? I'm new to the whole staking technology and am just trying to get a grasp & fully understand. I have read the entire forum here as well as other places, but was unable to answer my questions so I figured I'd resort to asking.

Also once coins are "staked" how long does it take for them to become "spendable" again. I'm failing to grasp what "staking" actually does for the coin. Is it setting our coins aside to be used by the system in some way?

I would really appreciate someone to explain a little in detail "staking" to a newb. I appreciate any and all answers or help I may receive ahead of time!

The webmaster should fix this. When someone share the vericoin.info website in facebook the Apple icons pop's up... it's not very important but this is not good

I backed up the data, then I tried that, it started to load then now im getting a cannot initialize keypool error when the wallet app is launching & the wallet will no longer run

http://chainz.cryptoid.info/vrc/tx.dws?404bbde65eb992a615436c08d1f73fa5242fd3fa7aaa1b3abf2e85ebdcf0f007.htm

I get that for every single receive transaction in my wallet, so I don't think that's VeriSend related. What does it show on the blockchain explorer?