I receive the message :
VRC withdrawal is disabled 因技术维护，虚拟币提取暂停，感谢您谅解和支持。
Thank you
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 89. (Read 1356140 times)
July 08, 2016, 06:29:05 AM
Hey guys , did you also cant withdrawal VRC from bter.com
I receive the message :
VRC withdrawal is disabled 因技术维护，虚拟币提取暂停，感谢您谅解和支持。
Thank you
I receive the message :
VRC withdrawal is disabled 因技术维护，虚拟币提取暂停，感谢您谅解和支持。
Thank you
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?
July 07, 2016, 07:46:50 PM
VeriCoin holders, please vote for whether current top VRC holders that stake will receive a bounty for securing the VRC network: https://www.vericoinforums.com/threads/vote-now-vericoin-top-stakers-reward.1333/
July 07, 2016, 07:36:05 PM
Vericoin and verium will be held in the same wallet? or will there be a separate one?
Two wallets. We may end up creating a dual wallet at some point.
July 07, 2016, 05:50:32 PM
Vericoin and verium will be held in the same wallet? or will there be a separate one?
July 07, 2016, 03:55:16 PM
Stake Weight pretty high at the moment!
July 07, 2016, 10:27:57 AM
hi i just learned about this coin recently. i dont feel like doing a lot of backreading for now. so what is verium in a nutshell? is it a separate coin? thanks
Nutshell:
https://bitcointalksearch.org/topic/annvrm-verium-powt-cpu-mining-scrypt-scaling-new-roadmap-released-1540023 and https://www.vericoinforums.com/threads/explaining-verium-information.1331/
Yes. 2 Coins
- VeriCoin (Digital Currency) - PoST
- Verium (Digital Reserve) - PoWT
Both protocols will work along each other and read the nutshell
thanks. will have to read up a bit. btw, i have added VeriCoin and Verium to my PoS coins poll and info thread here : https://bitcointalksearch.org/topic/pos-coins-poll-and-information-1454009 you guys can vote for up to 5 coins. thanks
Thanks appreciate that. Though VeriCoin is PoS but Verium will be PoW. Thanks.
July 07, 2016, 01:20:31 AM
hi i just learned about this coin recently. i dont feel like doing a lot of backreading for now. so what is verium in a nutshell? is it a separate coin? thanks
Nutshell:
https://bitcointalksearch.org/topic/annvrm-verium-powt-cpu-mining-scrypt-scaling-new-roadmap-released-1540023 and https://www.vericoinforums.com/threads/explaining-verium-information.1331/
Yes. 2 Coins
- VeriCoin (Digital Currency) - PoST
- Verium (Digital Reserve) - PoWT
Both protocols will work along each other and read the nutshell
thanks. will have to read up a bit. btw, i have added VeriCoin and Verium to my PoS coins poll and info thread here : https://bitcointalksearch.org/topic/pos-coins-poll-and-information-1454009 you guys can vote for up to 5 coins. thanks
July 06, 2016, 07:59:05 PM
hi i just learned about this coin recently. i dont feel like doing a lot of backreading for now. so what is verium in a nutshell? is it a separate coin? thanks
Nutshell:
https://bitcointalksearch.org/topic/annvrm-verium-powt-cpu-mining-scrypt-scaling-new-roadmap-released-1540023 and https://www.vericoinforums.com/threads/explaining-verium-information.1331/
Yes. 2 Coins
- VeriCoin (Digital Currency) - PoST
- Verium (Digital Reserve) - PoWT
Both protocols will work along each other and read the nutshell
July 06, 2016, 07:55:26 PM
hi i just learned about this coin recently. i dont feel like doing a lot of backreading for now. so what is verium in a nutshell? is it a separate coin? thanks
July 06, 2016, 03:08:37 PM
hey guys. tl,dr
I'm holding some vrc bags. Can you give me a very short summary why i would want to exchange my vrc to verium? thanks
I'm holding some vrc bags. Can you give me a very short summary why i would want to exchange my vrc to verium? thanks
10x less supply. It's a commodity like gold. So its like having some good and cash on hand.
His question was still not answered. I understand how the whole thing benefits VRC in a lot of ways, but I still cannot understand why people who have VRC will want to exchange it to VRM? It seams like this was not really thought out very well? I understand the ICO discount etc. etc. but what gives value to VRM in the long run? The way I see it, it will always be viewed as VRCs ugly fat little brother and will start to loose value as soon as the initial hype is over. I also understand you will try to keep it 1:10 ratio but this does not mean that the market price will be proportional.
This reminds me of the emperor's new clothes where we all pretend that Verium is so cool until somebody actually starts asking questions.
Maybe this will help more
https://www.vericoinforums.com/threads/explaining-the-verium-vericoin-relationship.1330/#post-19306
That explains the mining and technical setup, but I am not really seeing what the purpose of VRM is (ie real world use or plan for distribution).
...or is it simply a matter of creating a secure and strong network at this stage, hoping that purpose will follow later ?
In short you get more security, faster transaction times and lower fees in VeriCoin the currency through Verium the reserve commodity.
Verium in addition to its benefits to VeriCoin will be a powerful, innovative and efficient PoW too.
The variable block time paradigm does a number of great things:
-It increases blockchain performance with security.
-It automatically addresses the scalability issue BTC has.
-It softens the difficulty mechanism without loss of security, so that mining power can grow more efficiently and organically.
-Rewards in minutes per mining between blocks enables more profitability of mining that is dependent on power and time burning electric.
-A decreasing reward as the blockchain speeds, incentivizes a balance of efficiency and power, while maintaining security with a corresponding block time.
-ASIC and GPU resistant due to memory hardness.
So as a standalone PoW it will be one of the best and most innovative approaches to PoW.
Plan for distribution?
Sounds great in theory...still very skeptical if it'll work or be meaningful for whatever applications you have planned. Not doubting the improvement to the coin tho, that's good and needed. In addition hopefully those blackhand groups who manipulated this coin to hell two years or so ago are long gone from this coin, otherwise this 'could' be just another scheme to get btc from the sheep.
July 06, 2016, 10:11:39 AM
hey guys. tl,dr
I'm holding some vrc bags. Can you give me a very short summary why i would want to exchange my vrc to verium? thanks
I'm holding some vrc bags. Can you give me a very short summary why i would want to exchange my vrc to verium? thanks
10x less supply. It's a commodity like gold. So its like having some good and cash on hand.
His question was still not answered. I understand how the whole thing benefits VRC in a lot of ways, but I still cannot understand why people who have VRC will want to exchange it to VRM? It seams like this was not really thought out very well? I understand the ICO discount etc. etc. but what gives value to VRM in the long run? The way I see it, it will always be viewed as VRCs ugly fat little brother and will start to loose value as soon as the initial hype is over. I also understand you will try to keep it 1:10 ratio but this does not mean that the market price will be proportional.
This reminds me of the emperor's new clothes where we all pretend that Verium is so cool until somebody actually starts asking questions.
Maybe this will help more
https://www.vericoinforums.com/threads/explaining-the-verium-vericoin-relationship.1330/#post-19306
That explains the mining and technical setup, but I am not really seeing what the purpose of VRM is (ie real world use or plan for distribution).
...or is it simply a matter of creating a secure and strong network at this stage, hoping that purpose will follow later ?
In short you get more security, faster transaction times and lower fees in VeriCoin the currency through Verium the reserve commodity.
Verium in addition to its benefits to VeriCoin will be a powerful, innovative and efficient PoW too.
The variable block time paradigm does a number of great things:
-It increases blockchain performance with security.
-It automatically addresses the scalability issue BTC has.
-It softens the difficulty mechanism without loss of security, so that mining power can grow more efficiently and organically.
-Rewards in minutes per mining between blocks enables more profitability of mining that is dependent on power and time burning electric.
-A decreasing reward as the blockchain speeds, incentivizes a balance of efficiency and power, while maintaining security with a corresponding block time.
-ASIC and GPU resistant due to memory hardness.
So as a standalone PoW it will be one of the best and most innovative approaches to PoW.
Plan for distribution?
Bought some yesterday, thanks
here we gooo o/
July 06, 2016, 07:00:38 AM
hey guys. tl,dr
I'm holding some vrc bags. Can you give me a very short summary why i would want to exchange my vrc to verium? thanks
I'm holding some vrc bags. Can you give me a very short summary why i would want to exchange my vrc to verium? thanks
10x less supply. It's a commodity like gold. So its like having some good and cash on hand.
His question was still not answered. I understand how the whole thing benefits VRC in a lot of ways, but I still cannot understand why people who have VRC will want to exchange it to VRM? It seams like this was not really thought out very well? I understand the ICO discount etc. etc. but what gives value to VRM in the long run? The way I see it, it will always be viewed as VRCs ugly fat little brother and will start to loose value as soon as the initial hype is over. I also understand you will try to keep it 1:10 ratio but this does not mean that the market price will be proportional.
This reminds me of the emperor's new clothes where we all pretend that Verium is so cool until somebody actually starts asking questions.
Maybe this will help more
https://www.vericoinforums.com/threads/explaining-the-verium-vericoin-relationship.1330/#post-19306
That explains the mining and technical setup, but I am not really seeing what the purpose of VRM is (ie real world use or plan for distribution).
...or is it simply a matter of creating a secure and strong network at this stage, hoping that purpose will follow later ?
In short you get more security, faster transaction times and lower fees in VeriCoin the currency through Verium the reserve commodity.
Verium in addition to its benefits to VeriCoin will be a powerful, innovative and efficient PoW too.
The variable block time paradigm does a number of great things:
-It increases blockchain performance with security.
-It automatically addresses the scalability issue BTC has.
-It softens the difficulty mechanism without loss of security, so that mining power can grow more efficiently and organically.
-Rewards in minutes per mining between blocks enables more profitability of mining that is dependent on power and time burning electric.
-A decreasing reward as the blockchain speeds, incentivizes a balance of efficiency and power, while maintaining security with a corresponding block time.
-ASIC and GPU resistant due to memory hardness.
So as a standalone PoW it will be one of the best and most innovative approaches to PoW.
Plan for distribution?
Bought some yesterday, thanks
here we gooo o/ July 06, 2016, 05:46:23 AM
Keep up the great work guys! Glad to see the results from the first few public voting forms have been decided and so far looks like everything is going real smooth for the Verium ICO. Should be a fun 3 weeks leading up to it =)
Totally agree with you! July 05, 2016, 10:57:04 PM
Keep up the great work guys! Glad to see the results from the first few public voting forms have been decided and so far looks like everything is going real smooth for the Verium ICO. Should be a fun 3 weeks leading up to it =)
July 05, 2016, 08:28:24 PM
hi Dev.. how to import privkey from paper wallet?
I have tried to import privkey by downloading the first bootstrap, but failed to import privkey.
Then I tried to reinstall win 1.6.5_32bit wallet after I delete data roaming, but it still fails. is there any other solution?
thanks
https://drive.google.com/file/d/0B2zvPOQn-xWsNWZtcmsyQ0ZWWk0/view?usp=sharing
I have tried to import privkey by downloading the first bootstrap, but failed to import privkey.
Then I tried to reinstall win 1.6.5_32bit wallet after I delete data roaming, but it still fails. is there any other solution?
thanks
https://drive.google.com/file/d/0B2zvPOQn-xWsNWZtcmsyQ0ZWWk0/view?usp=sharing
You need to lock the wallet first and unlock again then import.
Lock using wallet lock
Then unlock using walletpassphrase.
Actually if your on 1.6.5 you can just use the import private key menu option in the file menu. Then paste in your key.
July 05, 2016, 08:17:07 PM
hi Dev.. how to import privkey from paper wallet?
I have tried to import privkey by downloading the first bootstrap, but failed to import privkey.
Then I tried to reinstall win 1.6.5_32bit wallet after I delete data roaming, but it still fails. is there any other solution?
thanks
https://drive.google.com/file/d/0B2zvPOQn-xWsNWZtcmsyQ0ZWWk0/view?usp=sharing
I have tried to import privkey by downloading the first bootstrap, but failed to import privkey.
Then I tried to reinstall win 1.6.5_32bit wallet after I delete data roaming, but it still fails. is there any other solution?
thanks
https://drive.google.com/file/d/0B2zvPOQn-xWsNWZtcmsyQ0ZWWk0/view?usp=sharing
You need to lock the wallet first and unlock again then import.
Lock using wallet lock
Then unlock using walletpassphrase.
July 05, 2016, 05:24:23 PM
hi Dev.. how to import privkey from paper wallet?
I have tried to import privkey by downloading the first bootstrap, but failed to import privkey.
Then I tried to reinstall win 1.6.5_32bit wallet after I delete data roaming, but it still fails. is there any other solution?
thanks
https://drive.google.com/file/d/0B2zvPOQn-xWsNWZtcmsyQ0ZWWk0/view?usp=sharing
I have tried to import privkey by downloading the first bootstrap, but failed to import privkey.
Then I tried to reinstall win 1.6.5_32bit wallet after I delete data roaming, but it still fails. is there any other solution?
thanks
https://drive.google.com/file/d/0B2zvPOQn-xWsNWZtcmsyQ0ZWWk0/view?usp=sharing
July 05, 2016, 03:34:46 PM
If you are like me and had questions regarding this portion of the rewards given out, please head to this thread https://www.vericoinforums.com/threads/rewarding-the-top-250.1329/
I am definitely leaning toward the side of shenanigans at the moment for inability to fairly distrubute that top 250 list, as I know that isn't one person who owns all 250, but there is definitely not a current system worked out that is showing that 250 people would be getting rewarded instead of 250 addresses'
If someone wants to buy 5M VRC (250 * 20k VRC) just to get a few VRM, they could. It just wouldn't make any sense. Also, if they were really staking 250 different addresses, then great. The reality is there's somewhere around 80-150 stakers in that list.
July 05, 2016, 02:54:22 PM
Added VRM ANN for easier information finding for new people: https://bitcointalksearch.org/topic/annvrm-verium-powt-cpu-mining-scrypt-scaling-new-roadmap-released-1540023
good idea! it deserve separate thread as well
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