voted on both polls
any updates on ico date and investment procedure?
any updates on ico date and investment procedure?
That's coming out after the funds have been decided
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 92. (Read 1356140 times)
June 30, 2016, 04:34:31 PM
That's coming out after the funds have been decided
June 30, 2016, 03:54:19 PM
voted on both polls
any updates on ico date and investment procedure?
any updates on ico date and investment procedure?
June 30, 2016, 12:35:10 PM
second poll is posted: https://www.vericoinforums.com/threads/ico-poll-for-remaining-50.1327/
(To vote, you have to be register in the vericoinforums.com and have 5 posts) June 30, 2016, 12:02:17 PM
second poll is posted: https://www.vericoinforums.com/threads/ico-poll-for-remaining-50.1327/
June 30, 2016, 03:35:30 AM
First ICO vote up! Have to be a member of vericoin forums with a minimum number of posts to vote : https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/
Do you know the amount of posts needed to vote?https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/#post-19129
June 29, 2016, 03:45:08 PM
First ICO vote up! Have to be a member of vericoin forums with a minimum number of posts to vote : https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/
Do you know the amount of posts needed to vote?https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/#post-19129
June 29, 2016, 10:23:21 AM
First ICO vote up! Have to be a member of vericoin forums with a minimum number of posts to vote : https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/
The poll ends at: Sunday, 3 July 2016, 22:03:00 (UTC time)
Countdown for this poll: http://www.timeanddate.com/countdown/election?iso=20160703T2203&p0=1440&msg=CountDown+to+the+%22First+Verium+ICO+poll%22&font=sanserif
June 29, 2016, 06:16:42 AM
First ICO vote up! Have to be a member of vericoin forums with a minimum number of posts to vote : https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/
Do you know the amount of posts needed to vote?https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/#post-19129
June 28, 2016, 11:20:43 PM
Second, I would say I'm not as big of a fan of rewarding long time Vericoin holders or top 250 wallets with Verium. To me it just seems like it's a 'rich get richer' plot. I understand the idea is to rewards those who have stuck things out good & bad but in my opinion this only hurts those on the outside (who we want to get interested again).
I am not sure if I'm in the top 250, I know I have been at one point for sure, but even if I was number 1, there is something that isn't sitting well with that reward system in my mind and I'm not even sure why. I am a long term VRC user, and if there is a good way to quantify and make rewards with that fair, I am all good. It is just a weird situation where what is fair is being determined as we go, which I understand. I mean I guess things are fair in the sense we can all see what the top 250 are and if we wanted to buy enough to get high in that list to ensure a bonus.
The idea is that it rewards those that have been securing the network. It logistically doesn't make sense to award all the addresses because we will be manually checking balances and stakes to ensure that the owners fit the criteria for the giveaway. We don't want to award exchanges with VRC because they just hold and don't stake.
Not only that, but the amount of VRM we would like to give away is small compared to the ICO. It's simply a token of our appreciation for those that supported us. It's about as open as it could be with a public list, fair warning before the ICO, and direct distribution via identical public keys.
When you put it that way (rewarding those who have made the network secure) it does justify it a bit more in my mind. I'd still prefer seeing 100% of the Verium ICO being bought but you guys certainly will do what you think is best.
June 28, 2016, 10:21:29 PM
Second, I would say I'm not as big of a fan of rewarding long time Vericoin holders or top 250 wallets with Verium. To me it just seems like it's a 'rich get richer' plot. I understand the idea is to rewards those who have stuck things out good & bad but in my opinion this only hurts those on the outside (who we want to get interested again).
I am not sure if I'm in the top 250, I know I have been at one point for sure, but even if I was number 1, there is something that isn't sitting well with that reward system in my mind and I'm not even sure why. I am a long term VRC user, and if there is a good way to quantify and make rewards with that fair, I am all good. It is just a weird situation where what is fair is being determined as we go, which I understand. I mean I guess things are fair in the sense we can all see what the top 250 are and if we wanted to buy enough to get high in that list to ensure a bonus.
The idea is that it rewards those that have been securing the network. It logistically doesn't make sense to award all the addresses because we will be manually checking balances and stakes to ensure that the owners fit the criteria for the giveaway. We don't want to award exchanges with VRC because they just hold and don't stake.
Not only that, but the amount of VRM we would like to give away is small compared to the ICO. It's simply a token of our appreciation for those that supported us. It's about as open as it could be with a public list, fair warning before the ICO, and direct distribution via identical public keys.
When you put it that way (rewarding those who have made the network secure) it does justify it a bit more in my mind. I'd still prefer seeing 100% of the Verium ICO being bought but you guys certainly will do what you think is best.
Verium is meant to be minded. This ICO is just to reward Vericoin holders with a unique opportunity. If you 100% Verium then what is the point of it?
I was saying that I'd prefer to see 100% of the Verium ICO being bought - not saying 100% of all Verium should be sold to market, just that which is part of the ICO in July.
June 28, 2016, 07:27:55 PM
Second, I would say I'm not as big of a fan of rewarding long time Vericoin holders or top 250 wallets with Verium. To me it just seems like it's a 'rich get richer' plot. I understand the idea is to rewards those who have stuck things out good & bad but in my opinion this only hurts those on the outside (who we want to get interested again).
I am not sure if I'm in the top 250, I know I have been at one point for sure, but even if I was number 1, there is something that isn't sitting well with that reward system in my mind and I'm not even sure why. I am a long term VRC user, and if there is a good way to quantify and make rewards with that fair, I am all good. It is just a weird situation where what is fair is being determined as we go, which I understand. I mean I guess things are fair in the sense we can all see what the top 250 are and if we wanted to buy enough to get high in that list to ensure a bonus.
The idea is that it rewards those that have been securing the network. It logistically doesn't make sense to award all the addresses because we will be manually checking balances and stakes to ensure that the owners fit the criteria for the giveaway. We don't want to award exchanges with VRC because they just hold and don't stake.
Not only that, but the amount of VRM we would like to give away is small compared to the ICO. It's simply a token of our appreciation for those that supported us. It's about as open as it could be with a public list, fair warning before the ICO, and direct distribution via identical public keys.
When you put it that way (rewarding those who have made the network secure) it does justify it a bit more in my mind. I'd still prefer seeing 100% of the Verium ICO being bought but you guys certainly will do what you think is best.
Verium is meant to be minded. This ICO is just to reward Vericoin holders with a unique opportunity. If you 100% Verium then what is the point of it?
June 28, 2016, 07:24:35 PM
June 28, 2016, 07:24:09 PM
Second, I would say I'm not as big of a fan of rewarding long time Vericoin holders or top 250 wallets with Verium. To me it just seems like it's a 'rich get richer' plot. I understand the idea is to rewards those who have stuck things out good & bad but in my opinion this only hurts those on the outside (who we want to get interested again).
I am not sure if I'm in the top 250, I know I have been at one point for sure, but even if I was number 1, there is something that isn't sitting well with that reward system in my mind and I'm not even sure why. I am a long term VRC user, and if there is a good way to quantify and make rewards with that fair, I am all good. It is just a weird situation where what is fair is being determined as we go, which I understand. I mean I guess things are fair in the sense we can all see what the top 250 are and if we wanted to buy enough to get high in that list to ensure a bonus.
The idea is that it rewards those that have been securing the network. It logistically doesn't make sense to award all the addresses because we will be manually checking balances and stakes to ensure that the owners fit the criteria for the giveaway. We don't want to award exchanges with VRC because they just hold and don't stake.
Not only that, but the amount of VRM we would like to give away is small compared to the ICO. It's simply a token of our appreciation for those that supported us. It's about as open as it could be with a public list, fair warning before the ICO, and direct distribution via identical public keys.
When you put it that way (rewarding those who have made the network secure) it does justify it a bit more in my mind. I'd still prefer seeing 100% of the Verium ICO being bought but you guys certainly will do what you think is best.
June 28, 2016, 05:32:46 PM
First ICO vote up! Have to be a member of vericoin forums with a minimum number of posts to vote : https://www.vericoinforums.com/threads/first-verium-ico-poll.1325/
June 28, 2016, 03:43:26 PM
Credits to amesterdamer!
June 28, 2016, 02:48:19 PM
Yes, but if they've been staked recently the time will be about 0 anyway.
So individual addresses' get reset every time a payout is made?
Found this post from a while back, does this same math apply to Vericoin staking
June 28, 2016, 11:23:10 AM
Yes, wallet =/= VRC address. Make sure they're all in the same address. You can send to yourself (a particular address) if necessary.
250 was chosen because this will be a manual process and if we were to do every VRC address it would be time prohibitive.
Follow up question here, and it may not even make sense, but is stake time reset if coins go to a new address?
Yes, but if they've been staked recently the time will be about 0 anyway.
June 27, 2016, 10:36:28 PM
When can I convert some vericoins to verium?
The ICO hasn't started yet. Maybe in 2 - 3 weeks it will. 
June 27, 2016, 08:51:03 PM
When can I convert some vericoins to verium?
June 27, 2016, 08:17:05 PM
Yes, wallet =/= VRC address. Make sure they're all in the same address. You can send to yourself (a particular address) if necessary.
250 was chosen because this will be a manual process and if we were to do every VRC address it would be time prohibitive.
Follow up question here, and it may not even make sense, but is stake time reset if coins go to a new address?
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