Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 952. (Read 1356163 times)

Same, said it was invite only.

Right. I tried to join the IRC channel and it said that it was invite only

Unfortunately 20% is too high, the market floods with supply constraining demand and increased value.  With feedback from the network stake we are striking a delicate balance.

We are excited to reveal multiple innovative features and projects, but in due time.  This is just the very beginning of a coin at the cutting edge.  Announcements to come here and in the news section of the website soon, stay tuned.

To pnosker's point:
NSDI is a completely novel mechanism of supply adjustment that is relative to confidence, measured by holding.  If confidence dips, so too does the supply, if confidence and holding are high, it's rewarded. Such a mechanism makes it markedly easier to generate profit from investment without destabilizing the value.  A feature no other PoS coin has.  More to come soon...

maybe im missing something here but.. mintcoin was there before blackcoin with the pow/pos model and has a 20% yearly intresest, so in the sence of a higher interest a year you would be better of with mintcoin then..? also has arround 50 merchants and lots of exchanges and still active community,

Immediately released

So the innovation here is the dynamic interest rate. The way it works is that the interest rate scales according to network stake. If there's a higher amount of staked coins, the interest rate goes up. That means the more "invested" you are in the coin, the more interest you will make. This essentially gives incentive for you to hold your coin in your wallet rather than keeping it on an exchange, gives you reason to tell your friends to acquire some coin and keep it staking, etc. because it helps both you and them. It's the only coin that provides additional reward for keeping the coin. It also provides a reasonable interest rate compared to Blackcoin (1%) and other PoS coins (10%+ interest). Most stable economies have higher inflation than 1% so assuming the coin's value keeps steady it makes more sense to put it in FIAT and earn traditional interest. With the dynamic scaling interest rate, you're likely to make 2-2.5% interest which is much more in line with mature economies.

In addition, we keep the very fast transaction times of Blackcoin, allow for a longer mining period so the distribution is more fair (14 days vs 5-7 days of other PoS coins), have a completely fair start with no premine at all and a pre-announcement thread, etc.

We really want to see this coin succeed. I've been mining and holding cryptocurrencies for years now since I was in College mining bitcoin on my laptop. I was a Doge miner on day 1 and thought it was neat but thought the PoS aspect of Blackcoin was a great idea. Still, I thought the interest rate was too low to incentivize holding and I think there's a lot of inter-community turmoil going on right now. Us devs have had Vericoin in testing for over a month now. We wanted to make sure all of our ideas were implemented correctly and so we created a few test nets before our release. We could have released an immature coin early but because this is something we all believe in and think has real potential we're a little late to the hybrid PoW/PoS game. Hopefully the community will see the merit in the coin and we can get mining, get some donations into the foundation for bounties (a la Blackcoin), and get a real community started.

Check out the reddit page: http://www.reddit.com/r/vericoin, and join us on IRC on Freenode #vericoin.

dont see any innovations? maby the dev could tell some info, future plans, features en development? So many coins pow/pos now.

If you are interested in adding an exchange on the launch contact me or testbug...

try

Support ah ! Need this !

http://vrc.0feepool.com/


0% Fee pool online for pre-registration
PROP reward system.
Stratum with vardiff. Max is 2048, more effective for hig hashrate rigs.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
EMail Support

It will be nice,give more infomation .if you want  translation to chinese or list on www.ecoinfund.com,pm me,I would like give some help~!