Topic: ■|ANN|▌XVP |▌• VirtacoinPLUS • X11 • POW|POS • Stake Interest 7% • - page 3. (Read 148596 times)

How are you? 3 years did not go to this thread. Is the project developing?

Thank very much for the this telegram group see you there now .

Press 'Open in web' button.

Hello balvio please can you tell us what is the debating is about? since some of the users dont have smartphone to do the telegram please thanks.

Please join Telegram. There is a debate ongoing.

Thanks very much this is nice to see xvp on track again .

Hello is this new exchange platform ? or voting for xvp please?

Hello balvio will this affect xvp? since there is only one exchange for now what is the way forward now ? i think we have to start voting for xvp at new exchange to be list thanks.

"Note that free listing is only applicable for ERC20 Tokens, Wave Assets, Stellar Assets and Tron tokens (TRC10 and TRC20).
However, other coins or self-chain coins that win voting can still be listed paying a subsidized listing fee".  -->  Source

.
Thank you balvio hope all is well with you ? i lost evrything about xvp now but am back for good now.

Watch this video https://youtu.be/Rk4r-i4IqcY and follow the steps

Hello my good friends please can someone show me how to add nodes to my wallet to synchronizing thanks

PoW reward was reduced by 0.2 starting from the block 3153601. The reward for mining a block is now 1.5 XVP.

XVP Blockchain have past 3 Million blocks! 

Low daily volume for now but will positively change: 24h Volume

Starting today, I'll be using NetherLands exchange - NLexch.

It isn't well ranked coingecko.com/nlexch - same category as 'Unnamed' (rating is by volume), but I've already tested and it works well: deposit/trade/withdrawal. Posted on Telegram every step of the test and I'm satisfied with the response of the platform. In addition, it has the lowest trading fees I've ever met - 0.075% for xvp/btc peer. No KYC for withdrawal.
Will try my best to create an xvp based exchange by the end of August. Until then I'll use NLexch.

https://tradesatoshi.com/news

Tradesatoshi Is Closing Down

Dear users,

We must inform that the board of directors of Tradesatoshi.com has decided to close the exchange.

Unfortunately it is no longer economically feasible for us to continue provide the required level of security, support and technology.

Please do not deposit! Deposits will no longer be processed.

We highly recommend that those users pending verification start the process as early as possible.

Tradesatoshi.com will terminate all services on March 1 2020 00:00 UTC.

Kind regards,
Tradesatoshi.com

Published by: KimTheCat

If you have any funds on Tradesatoshi, please withdraw ASAP.
If you know anyone using the exchange, please inform them so they can take action right away. https://acceptingcrypto.net/tradesatoshi-closing-down/

Happy New Year!

https://www.virtacoin.plus/#about

VirtacoinPlus (XVP) cryptocurrency - A FAIRER GAME!

XVP propose a new protocol for a cryptocurrency, by combining its Proof of Work component with a Proof of Stake type of system. XVP’s Proof of Activity protocol offers good security and has a relatively low penalty in terms of network governance and storage space.
XVP is trying to take the strengths and weaknesses of both Proof of Work and Proof of Stake and by combining these two mechanisms for consensus, it can wash out the weaknesses and pick up all of the gains.

In the case of Proof of Work, one of the major shortcomings is that if somebody can fabricate integrated circuits, way more cheaply and efficiently than us, they can effectively take over the network. So the consensus algorithm in the pure "Proof of Work Network" can be taken over by the people who fabricate these circuits. That has happened in Bitcoin and the vast majority of hash power coins. Is not that is only based in China, but it's owned by Chinese individuals and corporations and that process is counterproductive. The idea with a consensus algorithm is you want everybody to participate in some way. Maybe not everybody adds the same thing to the network, but just having everyone in one country take it over is really counterproductive and it makes for a crappy consensus algorithm.

In the case of Proof of Stake, the major shortcoming is that it's kind of feudalism, like if you own 10% of the coins when project starts, you're always gonna own 10% of the income from the subsidy, so XVP wanted to wash out the feudalism a bit, but can still have the meritocracy component of Proof of Work.

What is this really all about? Is about creating a fairer game. What attracted people to Bitcoin was that it created a fairer game, fairer than Fiat Financial System: you can't have your account confiscated, people can't stop you from sending transactions and no either central bank or nation-state government can arbitrarily inflate that value away.
What XVP carries above is the Proof of Activity (PoA). PoA combines the Proof of Work and Proof of Stake protocols, which means that participants can mine or lay down a share to validate the blocks. So XVP protocol provides a balance between the miners and the ordinary members of the network. Also, worth it a hybrid system, both in terms of scalability and security.
...

A classic PoW model favors entities with access to cheap electricity and the capital to invest in mining infrastructure. This model is subject to mining centralization and the 51% attack, where a miner or pool with more than half of the hash rate can control the blockchain and the transactions.

A classic PoS model favors early adopters who accumulated coins, typically during an initial distribution. The benefits of PoS include decreased infrastructure costs as well as the ability for any user to directly participate in the network. With a PoS-based blockchain, the network is maintained by validators who routinely lock up funds on their wallets in what is called 'staking'. The more coins the validators lock up, the more blocks they can create, meaning they can reap more rewards. PoS only blockchains are subject to stake grinding vulnerabilities, which effectively allows a majority PoS miner to control the blockchain.

The hybrid consensus system in XVP network attempts to reduce the vulnerabilities of both PoW and PoS. PoW miners create the blockchain and earn the block reward. PoS stakeholders earn a portion of the block reward on whether a block is permanently added to the blockchain. VirtacoinPlus is definitely a fairer crypto-game!

Satoshi Nakamoto created a really interesting and great thing, XVP built great things on top of it!

Video: "XVP’s Place in Crypto Environment"