[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 88.

Majormax

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Activity: 2534

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Quote from: effectsToCause on July 12, 2016, 10:08:26 AM

Quote from: Majormax on July 11, 2016, 06:29:29 PM

Quote from: effectsToCause on July 08, 2016, 09:52:36 AM

Quote from: BTC_Grinch on July 08, 2016, 12:33:44 AM

When is the Verium wallet downloadable? And do you need to update the vericoin wallet the 20th to do the swap?

The Verium wallet will be released after the ICO, the exact date is not yet determined but not long after after ICO ends. To partake in ICO you need the current VeriCoin wallet available now at http://www.vericoin.info/ to generate a Verium public and private key pair for import into the released Verium wallet. There will be a walk through on those steps as we get closer to ICO but you can export and generate this key pair very easily in the current wallet 1.6.5 via the file menu export private key option. Verium and VeriCoin keys are the same format.

Thanks for info.

Can you explain how the ICO will work ? How will VRC in an address be subscribed for Verium ?

There will be a web interface that will present you with a VRC address for which you can perform one send to for the ICO. Then you will submit a VRC public key address into the site and that will be the address that you receive the Verium at when the wallet is released. You can either use a currently existing VeriCoin address or generate a new one, but you must do it in the wallet so you can export the private key via the file menu for import into the Verium wallet. VeriCoin and Verium addresses are the same format. The same public key and private key pair can be used on either blockchain.

Thanks. Just to be sure , does the VRC to be sent to the ICO address have to be in the current VRC 1.6.5 wallet ? (ie not possible from an exchange, or a javascript client in a browser etc )

MAD945

hero member

Activity: 658

Merit: 500

Quote from: effectsToCause on July 12, 2016, 10:08:26 AM

Quote from: Majormax on July 11, 2016, 06:29:29 PM

Quote from: effectsToCause on July 08, 2016, 09:52:36 AM

Quote from: BTC_Grinch on July 08, 2016, 12:33:44 AM

When is the Verium wallet downloadable? And do you need to update the vericoin wallet the 20th to do the swap?

The Verium wallet will be released after the ICO, the exact date is not yet determined but not long after after ICO ends. To partake in ICO you need the current VeriCoin wallet available now at http://www.vericoin.info/ to generate a Verium public and private key pair for import into the released Verium wallet. There will be a walk through on those steps as we get closer to ICO but you can export and generate this key pair very easily in the current wallet 1.6.5 via the file menu export private key option. Verium and VeriCoin keys are the same format.

Thanks for info.

Can you explain how the ICO will work ? How will VRC in an address be subscribed for Verium ?

There will be a web interface that will present you with a VRC address for which you can perform one send to for the ICO. Then you will submit a VRC public key address into the site and that will be the address that you receive the Verium at when the wallet is released. You can either use a currently existing VeriCoin address or generate a new one, but you must do it in the wallet so you can export the private key via the file menu for import into the Verium wallet. VeriCoin and Verium addresses are the same format. The same public key and private key pair can be used on either blockchain.

Sounds awesome! Never heard of anyone doing this before, truely something new and innovative! Looking forward to the interview today on blocktalk

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: Majormax on July 11, 2016, 06:29:29 PM

Quote from: effectsToCause on July 08, 2016, 09:52:36 AM

Quote from: BTC_Grinch on July 08, 2016, 12:33:44 AM

When is the Verium wallet downloadable? And do you need to update the vericoin wallet the 20th to do the swap?

The Verium wallet will be released after the ICO, the exact date is not yet determined but not long after after ICO ends. To partake in ICO you need the current VeriCoin wallet available now at http://www.vericoin.info/ to generate a Verium public and private key pair for import into the released Verium wallet. There will be a walk through on those steps as we get closer to ICO but you can export and generate this key pair very easily in the current wallet 1.6.5 via the file menu export private key option. Verium and VeriCoin keys are the same format.

Thanks for info.

Can you explain how the ICO will work ? How will VRC in an address be subscribed for Verium ?

There will be a web interface that will present you with a VRC address for which you can perform one send to for the ICO. Then you will submit a VRC public key address into the site and that will be the address that you receive the Verium at when the wallet is released. You can either use a currently existing VeriCoin address or generate a new one, but you must do it in the wallet so you can export the private key via the file menu for import into the Verium wallet. VeriCoin and Verium addresses are the same format. The same public key and private key pair can be used on either blockchain.

Majormax

legendary

Activity: 2534

Merit: 1129

Quote from: effectsToCause on July 08, 2016, 09:52:36 AM

Quote from: BTC_Grinch on July 08, 2016, 12:33:44 AM

When is the Verium wallet downloadable? And do you need to update the vericoin wallet the 20th to do the swap?

The Verium wallet will be released after the ICO, the exact date is not yet determined but not long after after ICO ends. To partake in ICO you need the current VeriCoin wallet available now at http://www.vericoin.info/ to generate a Verium public and private key pair for import into the released Verium wallet. There will be a walk through on those steps as we get closer to ICO but you can export and generate this key pair very easily in the current wallet 1.6.5 via the file menu export private key option. Verium and VeriCoin keys are the same format.

Thanks for info.

Can you explain how the ICO will work ? How will VRC in an address be subscribed for Verium ?

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

The Crypto 'Gold-Standard' : A currency and a reserve (VeriCoin and Verium) — Steemit https://steemit.com/crypto/@effectstocause/the-crypto-gold-standard-a-currency-and-a-reserve-vericoin-and-verium

souljah1h

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Activity: 1092

Merit: 1000

Hyperspace snail

EffectsToCause will be at The Blocktalk show 12 July 8 PM (EST)

https://www.vericoinforums.com/threads/vericoin-will-be-at-the-blocktalk-show-12-july-8-pm-est.1337/

Talking about the VeriCoin Project & Verium and its ICO.

Link will be posted here.

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

Quote from: effectsToCause on July 10, 2016, 06:58:05 AM

Another really powerful thing is by not requiring Verium be a very fast currency we are testing the block confirmations and maturity. We can raise these above current standards required for quick currencies and make the double spend risk with 51% of computational power very unlikely. We can make it so that you have to get so many blocks in a row to double spend that effectively you would need significantly more than 51% of the hash rate to double spend. This may end up making Verium the most secure PoW protocol based on the probability to effectively double spend. Assuming of course it gains a strong network hashrate.

Sounds awesome! Lets hope we get a strong network hashrate!

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Another really powerful thing is by not requiring Verium be a very fast currency we are testing the block confirmations and maturity. We can raise these above current standards required for quick currencies and make the double spend risk with 51% of computational power very unlikely. We can make it so that you have to get so many blocks in a row to double spend that effectively you would need significantly more than 51% of the hash rate to double spend. This may end up making Verium the most secure PoW protocol based on the probability to effectively double spend. Assuming of course it gains a strong network hashrate.

souljah1h

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Merit: 1000

Hyperspace snail

Quote from: AceOfPentacles on July 09, 2016, 11:15:47 AM

Just wanna say thanks to Vericoin support, effectsToCause,walked me through some software/ wallet issues I was having over the last couple of days. Im not a tech guy, but good customer support is always a major factor in my investing!

Thanks for your kind words! Vericoin support is great.

AceOfPentacles

full member

Activity: 123

Merit: 100

Just wanna say thanks to Vericoin support, effectsToCause,walked me through some software/ wallet issues I was having over the last couple of days. Im not a tech guy, but good customer support is always a major factor in my investing!

coinbuyer2580

sr. member

Activity: 276

Merit: 250

Quote from: souljah1h on July 08, 2016, 09:38:34 AM

Quote from: coinbuyer2580 on July 08, 2016, 08:29:29 AM

I have a question about mining VRM. I have a core i7 which is 4 physical cores but 8 logical processors, essentially windows sees 8 cpu's so will I be able to mine using the 8 logical cores or just the actual 4?

Pnosker just told me:

8

But it may be slower than 4, hyperthreading works well in certain situations but might not here.
Also your computer would probably be extremely slow unless you use 3/6 total rather than maxing it out.

Perfect thanks for the response

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: Lowryda23 on July 08, 2016, 10:57:12 AM

Quote from: souljah1h on July 08, 2016, 08:27:25 AM

In case you missed the PoST whitepaper read it here. https://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf

Hey there , ok i read now the whitepaper but 1 question ... in Poloniex i can buy and sell how much VRC i like without waiting .. Why i cant do that with bter.com ??

I'm not very familiar with bter.com's practices, mostly because they have very little VRC volume. You should contact them about your issues with their service and refer to this exchange list for what exchanges actually have decent trade volume, otherwise very few if any trades actually take place. http://coinmarketcap.com/currencies/vericoin/#markets

Lowryda23

newbie

Activity: 85

Merit: 0

Quote from: souljah1h on July 08, 2016, 08:27:25 AM

In case you missed the PoST whitepaper read it here. https://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf

Hey there , ok i read now the whitepaper but 1 question ... in Poloniex i can buy and sell how much VRC i like without waiting .. Why i cant do that with bter.com ??

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: BTC_Grinch on July 08, 2016, 12:33:44 AM

When is the Verium wallet downloadable? And do you need to update the vericoin wallet the 20th to do the swap?

The Verium wallet will be released after the ICO, the exact date is not yet determined but not long after after ICO ends. To partake in ICO you need the current VeriCoin wallet available now at http://www.vericoin.info/ to generate a Verium public and private key pair for import into the released Verium wallet. There will be a walk through on those steps as we get closer to ICO but you can export and generate this key pair very easily in the current wallet 1.6.5 via the file menu export private key option. Verium and VeriCoin keys are the same format.

souljah1h

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Activity: 1092

Merit: 1000

Hyperspace snail

Quote from: coinbuyer2580 on July 08, 2016, 08:29:29 AM

I have a question about mining VRM. I have a core i7 which is 4 physical cores but 8 logical processors, essentially windows sees 8 cpu's so will I be able to mine using the 8 logical cores or just the actual 4?

Pnosker just told me:

8

But it may be slower than 4, hyperthreading works well in certain situations but might not here.
Also your computer would probably be extremely slow unless you use 3/6 total rather than maxing it out.

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

Quote from: Bl4ckw00d on July 08, 2016, 08:36:55 AM

Just read everything I could find about Verium. I now have a new interest in VRC

. It's been quite a while since I was last in this thread but ill be keeping my eyes on how this all pans out. GL guys

Welcome back Cool

Bl4ckw00d

hero member

Activity: 810

Merit: 500

https://ironx.io IRONX

Just read everything I could find about Verium. I now have a new interest in VRC

. It's been quite a while since I was last in this thread but ill be keeping my eyes on how this all pans out. GL guys

coinbuyer2580

sr. member

Activity: 276

Merit: 250

I have a question about mining VRM. I have a core i7 which is 4 physical cores but 8 logical processors, essentially windows sees 8 cpu's so will I be able to mine using the 8 logical cores or just the actual 4?

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

In case you missed the PoST whitepaper read it here. https://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf

Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 88. (Read 1356140 times)