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Topic: ⚡|MAINNET|⚡ [VECT/VCTP] Vectorium Project ⚡ (Read 1445 times)

newbie
Activity: 3
Merit: 0
Good day. How often do payments to online wallet occur?
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
I'm still waiting for your response on why do we have to go crypto for green energy while the conventional ones are still working enough.

Will it be for the sake of easier distribution? How? Or will it be for the sake of simple payment? Hmm... no, it can't be, I'm pretty sure the "old" system still works just fine
newbie
Activity: 9
Merit: 10
I see the source code was added.

From Main.cpp line 899 to 907

   // A coinbase transaction vouts
   if (tx.IsCoinBase()) {
      BOOST_FOREACH(const CTxOut& out, tx.vout) {
         CTxDestination out_dest;
         if (nHeight >= Params().GetConsensus().GetFirstEnforcedMinerLicenseBlockHeight() && ExtractDestination(out.scriptPubKey,out_dest) && !Params().IsLicensedMiner(EncodeDestination(out_dest)))
            return state.DoS(100, error("CheckTransaction(): coinbase unlicensed miner"),
                      REJECT_INVALID, "bad-cb-miner");
      }   
   }


Looks like you are only allowing specific addresses to add blocks to the chain.

From chainparams.cpp lines 184 to 207

      vLicensedMiners = {
         "V1gUNHs9Ae2t6hCA7MkVqghe2GWsJvB8exM",
         "V1oUJSYnwUoeowB2CykMBMg9RKRt6uUPoj2",
         "V1brKJBb8Q3HxPk3by7o6aNFjTtDhMWtEmX",
         "V1iQ8LDi8QS7PJjpDWnyPyaCA93sC1NZL5f",
         "V1TgZrkism6Zj7RPh4NoZbbXEdEWLpa6SMp",
         "V1fSF2pbMdDCE6tgG1waCG7e71NWSpKcYiX",
         "V1e7vjV8esvkdvokVqdwR7Bui3bD9YLZFWT",
         "V1RVmTC7mCHFM9iGQ5yZKYEDMynhw3bDFJ2",
         "V1gsR99Sd2azGwM5wNarCEFF4SvESL7yxjf",
         "V1SXJJn6mhD6CE7W8jXdS4rxc3B9dMkYghK",
         "V1R7AFHw6U5btTrxkVkeq2ZMS5KN7HrNj5A",
         "V1j957XzHXDRdz9ainnnjrnRqfSf3XBGvL4",
         "V1b7wFTbsuQBhGgAF5f5Dt8paPazSsrFTg4",
         "V1fgNT2qyA9G8VnEHCtMV1SFsJhWVgAEgoc",
         "V1YxmmRWxTKBNSB6Pv235o16ffgWRk9ZqrY",
         "V1YuCVe2ufQHUu3NS67bcbixUY9TbfmpNaW",
         "V1Y5g3Pm2Wn7QTzytrzFxiydKwdLVV9GXip",
         "V1hNZdZVjyUcfXYfu71R2RBjmyN8kZoRE7r",
         "V1at7HqpMbffzkxCeGRZk4nrK9rsWtGdo4M",
         "V1h7Fc3XxgCYS8CW26oDf5idQiNgCQMcMqm",
         "V1bwTWLiwe23K1avvYQzGt7Ffxr1p4KeAih",
         "V1Zrkrrh3BDWqnuBfS8Y5tBAse7xM3F1wAS"
      };

Beware, this code gives the team behind this complete control over the chain. They can easy shut off their "authorized pool" and continue to add blocks without competition. They can put up a private non-rate limited pool and mine as much as they want. They don't need a premine cause they can mine as much as they want whenever they want

I'm out, I prefer my decentralized networks to be decentralized.

Hello sailor65, no need at all to put all red and bold Smiley
Vectorium Flash was tought as a private chain and so the main source code was never meant to be released to the public.
Following some comunity requests we have come up with a new locked codebase which introduces licensed miners. Actually we're talking about licensed pools. Only one is being used right now (first from the top).
Without this, probably the code would have never be released.

Because Flash is a cryptocoin tied to a real bond (VCTP), the control over mining was not maded just to prevent 51% attacks, but also to allow the chain to spread coins fairly between the miners.
Big mining farms have no advantages and little miners are incentivate by rising their probablity to hit solo blocks.

Please note that the VectoriumFlash mining system is a purely solo-system, which means that those adresses are coinbase exchange endpoints. When you hit a block on the solo pool, you get it straight on your wallet after 100 confirmations. This means that the solo pool holds 99 pending VECT at time.

Also, replying to your "it's possible for the to mine blocks without letting us know", you can see it all on the explorer, and on the pool, just if you take a look at the block count.

Just one personal tought. Throw away the dream of decentralization. Decentralization does not exist and can't even exist. We have found a way to distribuite coins as fairly as possible.

Have a nice day Smiley
newbie
Activity: 36
Merit: 0
I would like to know more details about the scam accusations and what'll be the defense, but it seems dev and the original accusers didn't want to get into this further. Too bad, I've made my popcorn.

Anyway, with the benefit of the doubt, why would green energy resource(s) need to be crypto-ed? It still works completely fine with conventional paper money, isn't it?

Yeah, so the function that I showed above will only allow blocks with coinbase transactions with destination addresses belonging to a predetermined set of 22 addresses. This means that all of the coins mined from now to eternity will belong to the owners of those 22 addresses and anybody mining will be at the mercy of the owners of the addresses. No private pools, no competing pools.

This project is running a rate limited pool, which bans miners with too high of a hashrate. These combined factors make it extremely easy for the project to mine a whole bunch of coins whenever they want by either lowing the rate limit on the miners of their pool, setting up their own private pool without the rate limit, shutting off the pool all together and adding some blocks, or just throwing a 50% fee onto the pool.

This code does prevents outside 51% attack, but I think there are better ways to do that. I think this code leaves too many loopholes for the project to be able to utilize if it's a scam.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
I would like to know more details about the scam accusations and what'll be the defense, but it seems dev and the original accusers didn't want to get into this further. Too bad, I've made my popcorn.

Anyway, with the benefit of the doubt, why would green energy resource(s) need to be crypto-ed? It still works completely fine with conventional paper money, isn't it?
newbie
Activity: 36
Merit: 0
I see the source code was added.

From Main.cpp line 899 to 907

   // A coinbase transaction vouts
   if (tx.IsCoinBase()) {
      BOOST_FOREACH(const CTxOut& out, tx.vout) {
         CTxDestination out_dest;
         if (nHeight >= Params().GetConsensus().GetFirstEnforcedMinerLicenseBlockHeight() && ExtractDestination(out.scriptPubKey,out_dest) && !Params().IsLicensedMiner(EncodeDestination(out_dest)))
            return state.DoS(100, error("CheckTransaction(): coinbase unlicensed miner"),
                      REJECT_INVALID, "bad-cb-miner");
      }   
   }


Looks like you are only allowing specific addresses to add blocks to the chain.

From chainparams.cpp lines 184 to 207

      vLicensedMiners = {
         "V1gUNHs9Ae2t6hCA7MkVqghe2GWsJvB8exM",
         "V1oUJSYnwUoeowB2CykMBMg9RKRt6uUPoj2",
         "V1brKJBb8Q3HxPk3by7o6aNFjTtDhMWtEmX",
         "V1iQ8LDi8QS7PJjpDWnyPyaCA93sC1NZL5f",
         "V1TgZrkism6Zj7RPh4NoZbbXEdEWLpa6SMp",
         "V1fSF2pbMdDCE6tgG1waCG7e71NWSpKcYiX",
         "V1e7vjV8esvkdvokVqdwR7Bui3bD9YLZFWT",
         "V1RVmTC7mCHFM9iGQ5yZKYEDMynhw3bDFJ2",
         "V1gsR99Sd2azGwM5wNarCEFF4SvESL7yxjf",
         "V1SXJJn6mhD6CE7W8jXdS4rxc3B9dMkYghK",
         "V1R7AFHw6U5btTrxkVkeq2ZMS5KN7HrNj5A",
         "V1j957XzHXDRdz9ainnnjrnRqfSf3XBGvL4",
         "V1b7wFTbsuQBhGgAF5f5Dt8paPazSsrFTg4",
         "V1fgNT2qyA9G8VnEHCtMV1SFsJhWVgAEgoc",
         "V1YxmmRWxTKBNSB6Pv235o16ffgWRk9ZqrY",
         "V1YuCVe2ufQHUu3NS67bcbixUY9TbfmpNaW",
         "V1Y5g3Pm2Wn7QTzytrzFxiydKwdLVV9GXip",
         "V1hNZdZVjyUcfXYfu71R2RBjmyN8kZoRE7r",
         "V1at7HqpMbffzkxCeGRZk4nrK9rsWtGdo4M",
         "V1h7Fc3XxgCYS8CW26oDf5idQiNgCQMcMqm",
         "V1bwTWLiwe23K1avvYQzGt7Ffxr1p4KeAih",
         "V1Zrkrrh3BDWqnuBfS8Y5tBAse7xM3F1wAS"
      };

Beware, this code gives the team behind this complete control over the chain. They can easy shut off their "authorized pool" and continue to add blocks without competition. They can put up a private non-rate limited pool and mine as much as they want. They don't need a premine cause they can mine as much as they want whenever they want.

I'm out, I prefer my decentralized networks to be decentralized.
newbie
Activity: 9
Merit: 10
Why no source code for the flash blockchain? It obviously a zcash clone, since it's got overwinter and sapling. Also since you're running 192/7 it probably a clone of one of the I think 3 zcash clones that run that algo. However since I see your swing wallet is from the Zero project (I can see it their's right in the source code) I suspect it a clone of their blockchain code as well. So why the secrecy? You could have all kinds of stuff hidden in there. How do we validate the coin supply, halving schedule, founders/dev fees, etc..?

Hi, we're working to release a mandatory network upgrade which should allow us to publish Vectorium Flash source code next week Smiley
newbie
Activity: 36
Merit: 0
Why no source code for the flash blockchain? It obviously a zcash clone, since it's got overwinter and sapling. Also since you're running 192/7 it probably a clone of one of the I think 3 zcash clones that run that algo. However since I see your swing wallet is from the Zero project (I can see it their's right in the source code) I suspect it a clone of their blockchain code as well. So why the secrecy? You could have all kinds of stuff hidden in there. How do we validate the coin supply, halving schedule, founders/dev fees, etc..?
newbie
Activity: 87
Merit: 0
newbie
Activity: 9
Merit: 10
Makes us really sad seeing a Legendary user like you posting things without proofs.
We're always up for educational confrontation, shouting things without knowing surely can't help new users so please keep calm.

Ask, and you'll be answered, as we always do  Smiley
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
the coin is a complete Scam there is no development seems to be created by the students!!!I do not advise to deal with them.



if or if not it really dont matter! this is a new coin and already has set off alarms and red flags...!!!

unless this so called dev can fix this issues then i advise to find another coin to play with!
other then the fact i doubt this will go very far, and will die very soon


BEWARE
newbie
Activity: 9
Merit: 10
lolminer writes "Share not accepted". Use AMD Radeon 390 Graphics Cards

What could be the reason?

Total hashrate 100 sol/s. The error does not disappear. The driver reinstalled several times different versions. What to do?



Hi timka12, are you using lolminer?

Gminer is working https://bitcointalksearch.org/topic/gminer-v324-ergokaspazilkawpowequihashcortex-5034735

Thanks,

Vectorium Team
member
Activity: 430
Merit: 22
Professional user
There is no premine but the coin started several weeks ago , so they had the time to pre-mine some coins  anyway without telling anyone, funny



newbie
Activity: 1
Merit: 0
lolminer writes "Share not accepted". Use AMD Radeon 390 Graphics Cards

What could be the reason?

Total hashrate 100 sol/s. The error does not disappear. The driver reinstalled several times different versions. What to do?

newbie
Activity: 9
Merit: 10
Someone asked us to reveal what's inside Vectorium-Flash .exe. And we're now here to extract every single file of it.
Even if you can easilly check on your own all those files (our exe extracts them inside a temporary %AppData%Local folder) here's what's inside:

Contents:
A icon, an initialize script (which is the same .bat  as the one you find on Github), the vectorium-clii, the daemon, the swing wallet and src, the wget exe which is in charge of downloading the params

Virus check for each single file:
icon: https://www.virustotal.com/gui/file/9628cceeedc0548db74380f3151a355f7a01573ff8f801e2a092cfd458af3e40/detection
initialize: https://www.virustotal.com/gui/file/04bf7db5757698b981a5746db7453c263d4af83935af7c46bf0ce01f6d68f916/detection
vectorium-cli: https://www.virustotal.com/gui/file/b1cb4074bd19c0973bb71f6beb2f05af06f9c3f1aad90e67d9dde57f73d5ecbb/detection
vectoriumd: https://www.virustotal.com/gui/file/cd9b70c1f2c51c8699e7e54d3783a57855e137a37e9ca98062fcc20d23427b32/detection
swingwallet: https://www.virustotal.com/gui/file/ceb2b71cc89032f66ce02a9d242c877e096aaba74b8acdfa6011987d93fc8062/detection
swingwallet-src: https://www.virustotal.com/gui/file/3ff482b635017856ba5d5bd33ebf99e56caaa9416f612fafbb49577e415ebcf6/detection
wget: https://www.virustotal.com/gui/file/c214baf29f04ff1f6ea3764dbe90ee4dccfde571fb270cb505893705f7141a9f/detection

Now, pack everything inside a single .exe, and those 6 worthless antivirus will flag the exe as malicious. Just because it contains a .bat file  Smiley

But if you still don't feel confident, here's an unpacked version of it

https://github.com/Vectorium-project/vectorium-flash/releases/tag/1.0.1
newbie
Activity: 9
Merit: 10
Well, senfoni AKA hurr1cane.
That's sad from your side, you're just a user not capable to get things working, help was given but you clearly you don't know what you're doing.

https://i.imgur.com/vPTk0SX.png
https://i.imgur.com/N71HPx0.png

Have a nice day, you're welcome if you wish to come back!  Smiley
jr. member
Activity: 131
Merit: 1
why prove time will show you on the channels of discord dead silence no investors no customers no advertising there is nothing that would be clear that you want to develop your project you just want the money of others and all
hero member
Activity: 2744
Merit: 588
the coin is a complete Scam there is no development seems to be created by the students!!!I do not advise to deal with them.

Please provide valid proofs about your allegations.
It is good to know that somebody stood up and say something but please attach concrete evidences.
I've checked the team members and they are professionals in their own fields, if all are genuine.
Most of them are located in Italy but of course, they registered this project in Estonia for convenience.
How did you conclude that this is created by students only?
jr. member
Activity: 131
Merit: 1
your coin will never be listed on the Alt market for a maximum of less than one Satoshi

and stop covering your ass with fake threads if you're a crook who wants to fool people with your shit
newbie
Activity: 9
Merit: 10
]the coin is a complete Scam there is no development seems to be created by the students!!!I do not advise to deal with them.

Hello hurr1cane! Atleast that's your username over our Discord.
It's funny to see you here! You have created a total fake thread (which got deleted by forum mods) with faked website links (you've actually mirrored our original website too, adding a fake/scam github repository too) and now you're here writing.
Don't worry, we're already addressing the situation with GitHub direct support as they're investigating.

Have a nice day, happy mining to everyone  Smiley
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