This week, as it appears, will be rich for occasions to share victories (crossed fingers) with you. We keep you informed as promised.
Yesterday we wrote that the first atomic swap was carried out from BTC to VNN. Months of preparation have yielded results.
And today we report on the successful exchange of VNN on BTC, of ETN on VNN and back. Victory again! Small, local, but it`s our victory. We did not expect any difficulties with this - the mechanism is clear to us, if we went here, we must go back, but boasting in advance is a thankless task.
For experts and proof-lovers we provide links:
Confirmation of Blockchain Ventureon: https://2552.vnn.money/tx.php?tx=de5bb8d1c5a491ca36bd606979dd0a101ccb0d0ab679ab2c2083db43fcb8fd38
Confirmation of BTC: https://blockchain.info/tx/6347a09daedcddf540f8695ddd3a507dd6c4033763fe5cee92272c27515417cf
Links to ETH transfer confirmation : https://2552.vnn.money/tx.php?tx=1c2ed4d52e0ff994ad0865aa5851d4ea8620d2664751dd1d125eebe8b5c80471
Online ETH: https://etherscan.io/tx/0x9bad273b9683a55875d5cb4e934a9a297ef06d494def8b6b0e59a9a07c1fbc8e
and back transaction:
Ours: https://2552.vnn.money/?tx.phptx=899e34eaea895991159eca35acc83dc72d44c5b7e3b8a3f305f55ff0df9fa24f
Acknowledgment ETH network: https://2552.vnn.money/tx.php?tx=5732bce8c4ad4b98eefbfe293368c2655b3b20bac5b024eb6da566d149bbed90
Online ETH: https://etherscan.io/tx/0xdb39f0a48071602b68e1ebabfdceff45b26357d0dfb7ddb8926fb44738c62696
But for now this is only the beginning. We continue work on peer-to-peer exchanges with gateways of other cryptocurrencies. Now our task is to achieve a transfer from one third-party currency to another. For example, from ETH to BTC. As soon as we get a positive result, we will assume that the mechanism is designed correctly. Next, we will work on integration into the main system and testing under load. Thanks to those who trust us and, especially, those who help! We continue our work and we are ready to answer all your questions in the Telegram channel https://t.me/BC_Ventureon.
Topic: MINING Blockchain Ventureon - more than 50 €/day without expensive equipment - page 5. (Read 2400 times)
May 22, 2018, 09:31:08 AM
May 22, 2018, 02:29:10 AM
This thread has NOTHING TO DO in the area.
Please move it to the ANN forum !!!
Please move it to the ANN forum !!!
May 22, 2018, 01:57:02 AM
I can`t understand, how you will mine more, then I? You don`t need equipment? You can buy it for 10-15% from it cost? You`re great traders? How can you explain it to me, and what is the reason for devs?
Right now I can see just get money and run away.
Right now I can see just get money and run away.
May 21, 2018, 10:00:14 AM
The first atomic transaction from BTC to VNN took place in Blockchain Ventureon https://vnn.money/single_news.php?id=33
Ventureon developers accept congratulations from the team. There was an epoch-making event in the history of the project: yesterday, on May 20 at 16:16 UTC, the first atomic transaction from BTC to VNN was held.
"Analysts and specialists in the field of crypto currency forecasted the wide use of atomic transactions not earlier than 2019, but we are sure that this will happen much sooner! We are happy to announce that the development is proceeding even faster than planned. And today for us there was literally a historical event. Our young project, along with such popular blockchains as Bitcoin etc, has accomplished what traders and all cryptornics have been waiting for so long, "concluded Igor Brikov, leading developer of Blockchain Ventureon.
Developers of Ventureon spent mega-effective last week and made an impressive leap forward. "The wives of our colleagues complain that they will soon forget what their husbands look like with such a rate of immersion in the development processes," joke in the laboratory of the developers of the Blockchain Ventureon project.
Technological Introduction of Atomic Swaps
In preparation for atomic transactions, developers introduced another type of address specifically for gateways.
An example is G: fpfE7ntDXAsya96ED7ifWs9. The system's gateway address has the status of "complete trust", the name speaks for itself. All transactions go through this address G, otherwise without an address transaction will not be written to the blockchain.
Transaction duration
The first transaction lasted 14 minutes and 3 seconds. Of these, 14 minutes fell on waiting for the first confirmation on the BTC network.
References to transaction
1.Transaction VNN network: https://2564.vnn.money/tx.php?tx=92fbf40d548a5910c360ee0adff9385286ddabe89733d65eace947d89559f671
2.Transaction in the BTC network: https://blockchain.info/tx/45145326121cae972a80fb942bdd6f143903b15a264cc9193aecff6e9d85b947
3.Transaction wallet recipient: http: // prntscr.com/jki8ye.
Process of atomic swap in VNN
Example of charging from the address of the system smart contract SSC: to miner:https://2583.vnn.money/tx.php?tx=632d3521d4789f2ba3448254233b78f742c82fb25b28dde09b1cf7eb9107e064.
In the atomic case:https://2583.vnn.money/tx.php?tx=92fbf40d548a5910c360ee0adff9385286ddabe89733d65eace947d89559f671.
From the user's BTC wallet 1GQUgQaDiqy858SkJoXx5gTKuSX8aDNtCo money is sent to the one-time address of our gateway in the BTC network: Gateway 1FnTK8wgahDVF1uUvrHbMhQDVWywg1WAHr.
Once the VNN has received the first confirmation, Gateway G Gateway: fpfE7ntDXAsya96ED7ifWs9 forwards the VNN to the user at its VNN address: E: ejQykj4DTs3RsrQp2cWUes1.
Soon the developers of Blockchain Ventureon plan to make transfers between third-party blockchain, for example, BTC-ETH. We hold our fists for them. Sure, they will succeed.
Want to keep abreast of the news of the project - subscribe to the telegram-channel Ventureon t.me/BC_Ventureon.
Background
Atomic swaps, atomic transactions, or transfers between two different blockhouses - this is almost a popular topic for discussion in the modern blockbuster community. The first ever atomic transaction took place in 2017 in the Decred network. Later, the Bitcoin Cash platform was added.
"Someday, all crypto-exchange exchanges will use this technology," writes Deswurstes. - Atomic swaps are a very reliable way of transferring funds. If crypto-exchangers do not use atomic swaps, users will switch to other platforms. "
Ventureon developers accept congratulations from the team. There was an epoch-making event in the history of the project: yesterday, on May 20 at 16:16 UTC, the first atomic transaction from BTC to VNN was held.
"Analysts and specialists in the field of crypto currency forecasted the wide use of atomic transactions not earlier than 2019, but we are sure that this will happen much sooner! We are happy to announce that the development is proceeding even faster than planned. And today for us there was literally a historical event. Our young project, along with such popular blockchains as Bitcoin etc, has accomplished what traders and all cryptornics have been waiting for so long, "concluded Igor Brikov, leading developer of Blockchain Ventureon.
Developers of Ventureon spent mega-effective last week and made an impressive leap forward. "The wives of our colleagues complain that they will soon forget what their husbands look like with such a rate of immersion in the development processes," joke in the laboratory of the developers of the Blockchain Ventureon project.
Technological Introduction of Atomic Swaps
In preparation for atomic transactions, developers introduced another type of address specifically for gateways.
An example is G: fpfE7ntDXAsya96ED7ifWs9. The system's gateway address has the status of "complete trust", the name speaks for itself. All transactions go through this address G, otherwise without an address transaction will not be written to the blockchain.
Transaction duration
The first transaction lasted 14 minutes and 3 seconds. Of these, 14 minutes fell on waiting for the first confirmation on the BTC network.
References to transaction
1.Transaction VNN network: https://2564.vnn.money/tx.php?tx=92fbf40d548a5910c360ee0adff9385286ddabe89733d65eace947d89559f671
2.Transaction in the BTC network: https://blockchain.info/tx/45145326121cae972a80fb942bdd6f143903b15a264cc9193aecff6e9d85b947
3.Transaction wallet recipient: http: // prntscr.com/jki8ye.
Process of atomic swap in VNN
Example of charging from the address of the system smart contract SSC: to miner:https://2583.vnn.money/tx.php?tx=632d3521d4789f2ba3448254233b78f742c82fb25b28dde09b1cf7eb9107e064.
In the atomic case:https://2583.vnn.money/tx.php?tx=92fbf40d548a5910c360ee0adff9385286ddabe89733d65eace947d89559f671.
From the user's BTC wallet 1GQUgQaDiqy858SkJoXx5gTKuSX8aDNtCo money is sent to the one-time address of our gateway in the BTC network: Gateway 1FnTK8wgahDVF1uUvrHbMhQDVWywg1WAHr.
Once the VNN has received the first confirmation, Gateway G Gateway: fpfE7ntDXAsya96ED7ifWs9 forwards the VNN to the user at its VNN address: E: ejQykj4DTs3RsrQp2cWUes1.
Soon the developers of Blockchain Ventureon plan to make transfers between third-party blockchain, for example, BTC-ETH. We hold our fists for them. Sure, they will succeed.
Want to keep abreast of the news of the project - subscribe to the telegram-channel Ventureon t.me/BC_Ventureon.
Background
Atomic swaps, atomic transactions, or transfers between two different blockhouses - this is almost a popular topic for discussion in the modern blockbuster community. The first ever atomic transaction took place in 2017 in the Decred network. Later, the Bitcoin Cash platform was added.
"Someday, all crypto-exchange exchanges will use this technology," writes Deswurstes. - Atomic swaps are a very reliable way of transferring funds. If crypto-exchangers do not use atomic swaps, users will switch to other platforms. "
May 18, 2018, 11:16:04 AM
The EU Council: "Virtual currencies should not be confused with electronic money"
The EU amends the current directives on the regulation of the cryptocurrency In April 2018, the deputies of the European Parliament voted for the amendments to the EU Directive 2015/849 of the European Parliament and the Council of May 20, 2015 on "the bringing the crypto-currency under more stringent regulation."
The main changes are devoted to eliminating the "risks associated with virtual currencies" by taking measures to reduce anonymity for both trading in cryptocurrency and for cryptocurrency transactions.
Suppliers of exchange services between virtual currency and fiat , as well as wallet`s service providers for cryptocurrency, will be required to identify suspicious activities. The Directive states that the authorities should be able to control the use of crypto-currency through these platforms, and national financial investigating institutions should have access to information that allows them to link crypto-addresses with the identifiers of their owners.
At the same time, the EU Council states that "virtual currencies should not be confused with electronic money."
Undoubtedly, electronic money differs significantly from cryptocurrency at least in that the issue of electronic money is possible only by those who received indulgence (in the form of a license or other authorization document). The issuer undergoes a thorough check by the regulator before issuing its money, while anybody who has mastered the knowledge of blockchain programming can create his own crypto. The state inevitably had to come to the necessity of strict control over the circulation of the cryptocurrency, because the anonymity of transactions is a great temptation to withdraw large amounts of real money out of the sight of the state. As an example, the recent news about the huge sums that the yakuza did deduced through cryptocurrencies.
In this regard, the decision of the Ventureon team to turn to the issue of electronic money on the basis of blockchain technologies looks extremely balanced, including a legal point of view. After all, the tightening, which was mentioned earlier, will not affect electronic money, and, consequently, VNN owners will be able to freely use their electronic money, without fear of close scrutiny by the controlling bodies.
https://clck.ru/DQBtW
The EU amends the current directives on the regulation of the cryptocurrency In April 2018, the deputies of the European Parliament voted for the amendments to the EU Directive 2015/849 of the European Parliament and the Council of May 20, 2015 on "the bringing the crypto-currency under more stringent regulation."
The main changes are devoted to eliminating the "risks associated with virtual currencies" by taking measures to reduce anonymity for both trading in cryptocurrency and for cryptocurrency transactions.
Suppliers of exchange services between virtual currency and fiat , as well as wallet`s service providers for cryptocurrency, will be required to identify suspicious activities. The Directive states that the authorities should be able to control the use of crypto-currency through these platforms, and national financial investigating institutions should have access to information that allows them to link crypto-addresses with the identifiers of their owners.
At the same time, the EU Council states that "virtual currencies should not be confused with electronic money."
Undoubtedly, electronic money differs significantly from cryptocurrency at least in that the issue of electronic money is possible only by those who received indulgence (in the form of a license or other authorization document). The issuer undergoes a thorough check by the regulator before issuing its money, while anybody who has mastered the knowledge of blockchain programming can create his own crypto. The state inevitably had to come to the necessity of strict control over the circulation of the cryptocurrency, because the anonymity of transactions is a great temptation to withdraw large amounts of real money out of the sight of the state. As an example, the recent news about the huge sums that the yakuza did deduced through cryptocurrencies.
In this regard, the decision of the Ventureon team to turn to the issue of electronic money on the basis of blockchain technologies looks extremely balanced, including a legal point of view. After all, the tightening, which was mentioned earlier, will not affect electronic money, and, consequently, VNN owners will be able to freely use their electronic money, without fear of close scrutiny by the controlling bodies.
https://clck.ru/DQBtW
May 17, 2018, 08:58:17 AM
By the end of May this year, the developers of the project Blockchain Ventureon will launch public alpha tests of wallets
The Blockchain Ventureon project team decided to involve the public in testing the web version of the VNN wallets. Such intentions are not accidental, since from the very beginning of the project the founders follow the principle of open online informing of investors, partners and early users.
"We decided to open the process of developing a web-version of the VNN wallet absolutely for all users. I can confidently assure that by the end of May we will implement our plans and launch public alpha tests of purses and VNN (mining) purses. It is planned to attract opinion leaders, "said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Video reports of opinion leaders will be published on the Blockchain Ventureon website, the social networks of the project and, of course, in the media. In the testing process, you can become an active participant in the discussion and offer your ideas or comments.
Background: VNN (mining) issue is carried out only by emission pools, without complex and expensive equipment and is available to all comers. In no other way, VNN is issued or issued. The number of pools is limited. https://vnn.money/single_news.php?id=29
The Blockchain Ventureon project team decided to involve the public in testing the web version of the VNN wallets. Such intentions are not accidental, since from the very beginning of the project the founders follow the principle of open online informing of investors, partners and early users.
"We decided to open the process of developing a web-version of the VNN wallet absolutely for all users. I can confidently assure that by the end of May we will implement our plans and launch public alpha tests of purses and VNN (mining) purses. It is planned to attract opinion leaders, "said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Video reports of opinion leaders will be published on the Blockchain Ventureon website, the social networks of the project and, of course, in the media. In the testing process, you can become an active participant in the discussion and offer your ideas or comments.
Background: VNN (mining) issue is carried out only by emission pools, without complex and expensive equipment and is available to all comers. In no other way, VNN is issued or issued. The number of pools is limited. https://vnn.money/single_news.php?id=29
May 16, 2018, 05:37:30 AM
Nice work 
Oh, thank you for following our updates May 16, 2018, 05:20:40 AM
Nice work
May 16, 2018, 05:16:51 AM
The emission pools of Blockchain Ventureon: myths and reality:everything you wanted to know about the hierarchy of the Blockchain Ventureon
Pools for blockchain: what are they for, what are they doing and how do they work? Many people can not answer these questions today, despite the rapid flow of information on this topic. And, actually, the development and technology of different companies can significantly differ from each other in terms of functionality.
"We are faced with the genuine interest of subscribers on our pages on social networks to what are emission pools, and how are they developed in Blockchain Ventureon? Therefore, we decided to write detailed material on this topic and are ready to explain the basic principles of work and tasks, whose solution is assigned to the pools of our blockchain, "said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Let's start with the hierarchy of the system
"It is necessary and sufficient (N&S)" - this is the principle we were guided in the design of the blockchain. And that's what happened. The whole hierarchy of the system is constructed of three components:
1. Ventureon blockchain
2. The emission pool (EP) - the currency issue (mining) occurs here
3. User's wallet
The tasks of the Ventureon blockchain emission pools
Based on the same principle of N&S, we decided on the tasks facing the emission pools, which have to:
1. Accept the transaction from the user's wallet
2. Process the transaction
3. Ensure the transfer of the transaction to the blockchain
4. Accept the transaction processing result from the blockchain
5. Send to the user's wallet the transaction processing result
6. Ensure the filling of blocks with transactions
7. Ensure the consensus and synchronization of the blockchain
8. Ensure the storage of the whole blockchain
9.Ensure the issue of coins VNN
10 Ensure that the VNN course is maintained in the specified safe range
Importantly!These 10 items, if we speak quite simply, it is a system smart contract.
Min and max working configuration Blockchain Ventureon
Next, we decided on the minimum and maximum working configuration of the blockchain. A range of 32 to 2583 emission pools was obtained (Further - EP). It should be noted that there is nothing more in the blockchain. However, a little later, there will be several servers for the infrastructure (for example, the server of atomic swaps), but they do not have anything to do with the blockchain.
So, the main conclusion: the Ventureon blockchain consists only of emission pools (EP)!
Architecture peculiarities as a factor
With such a blockchain architecture, a critical parameter affecting the throughput and speed of transaction confirmation is the time it takes for the request to go through the network from one EP to another, rather than the computing power of the farms or "asiks". Due to this, there is no need to experience megawatts of electricity in mega-, giga- and terahashes, and the EP owners stay out of competition. The required high network speeds can only be provided by dedicated or virtual servers, rather than by ISP channels, so there is no question of home placement.
So, each EP has its own address assigned to it (for example, https://0000.vnn.money - https://2583.vnn.money), IP-address, purse in the system and the owner (or owners) this EP. The owner has the right to choose the location of his server and the tariff plan that ensures the efficiency of the pool. We, from our part, provide software and auto-update EP.
Some restrictions
1. One person can not own more than 25 EPs
2. One country can not have more than 250 EPs
3. Each EP purse must have a irreducible minimum balance of 50 VNN
Let's summarize and add to the above said
- Emission pool is the basic unit, ensuring the functioning of the Blockchain Ventureon. Without EP blockchain does not work!
- 32 EPs are the minimal working configuration of the blockchain. Only EPs are the source of VNN coin issue. VNN coins are not issued and are not released into circulation
- the EP operates only on a dedicated or virtual server
- The server's lease payment is substantially lower than the payment for electricity consumed by the mining farm or "asik".
- The quantity of EPs is strictly limited by the system smart contract and can be increased only when the network is overloaded, by the common decision of the owners of pools with mandatory approval of the Notary
- By purchasing EP, the owner gets it for life use.
- Closer to the launch of the blockchain, we will help all EP owners in the choice of servers and installation of software
- the EP issues VNN when it is turned on and running. This is the only thing that you need to monitor and control as the owner of the pool. The rest will be made by a system smart contract
- EPs are of two types:
- Basic, with a daily emission of 2.5 VNN
- Light, with a daily emission of 1 VNN
- EP will pay off itself an average of 200 days from the date of purchase at the current cost of VNN equal 20 euros
- The term of the full VNN issue is about 50 years
- the EP can be alienated only by the decision of the owner, confirmed by the Notary Ventureon, or by the decision of the same Notary in case of a systematic shutdown of the EP for more than 90 days.
https://vnn.money/single_news.php?id=27
Pools for blockchain: what are they for, what are they doing and how do they work? Many people can not answer these questions today, despite the rapid flow of information on this topic. And, actually, the development and technology of different companies can significantly differ from each other in terms of functionality.
"We are faced with the genuine interest of subscribers on our pages on social networks to what are emission pools, and how are they developed in Blockchain Ventureon? Therefore, we decided to write detailed material on this topic and are ready to explain the basic principles of work and tasks, whose solution is assigned to the pools of our blockchain, "said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Let's start with the hierarchy of the system
"It is necessary and sufficient (N&S)" - this is the principle we were guided in the design of the blockchain. And that's what happened. The whole hierarchy of the system is constructed of three components:
1. Ventureon blockchain
2. The emission pool (EP) - the currency issue (mining) occurs here
3. User's wallet
The tasks of the Ventureon blockchain emission pools
Based on the same principle of N&S, we decided on the tasks facing the emission pools, which have to:
1. Accept the transaction from the user's wallet
2. Process the transaction
3. Ensure the transfer of the transaction to the blockchain
4. Accept the transaction processing result from the blockchain
5. Send to the user's wallet the transaction processing result
6. Ensure the filling of blocks with transactions
7. Ensure the consensus and synchronization of the blockchain
8. Ensure the storage of the whole blockchain
9.Ensure the issue of coins VNN
10 Ensure that the VNN course is maintained in the specified safe range
Importantly!These 10 items, if we speak quite simply, it is a system smart contract.
Min and max working configuration Blockchain Ventureon
Next, we decided on the minimum and maximum working configuration of the blockchain. A range of 32 to 2583 emission pools was obtained (Further - EP). It should be noted that there is nothing more in the blockchain. However, a little later, there will be several servers for the infrastructure (for example, the server of atomic swaps), but they do not have anything to do with the blockchain.
So, the main conclusion: the Ventureon blockchain consists only of emission pools (EP)!
Architecture peculiarities as a factor
With such a blockchain architecture, a critical parameter affecting the throughput and speed of transaction confirmation is the time it takes for the request to go through the network from one EP to another, rather than the computing power of the farms or "asiks". Due to this, there is no need to experience megawatts of electricity in mega-, giga- and terahashes, and the EP owners stay out of competition. The required high network speeds can only be provided by dedicated or virtual servers, rather than by ISP channels, so there is no question of home placement.
So, each EP has its own address assigned to it (for example, https://0000.vnn.money - https://2583.vnn.money), IP-address, purse in the system and the owner (or owners) this EP. The owner has the right to choose the location of his server and the tariff plan that ensures the efficiency of the pool. We, from our part, provide software and auto-update EP.
Some restrictions
1. One person can not own more than 25 EPs
2. One country can not have more than 250 EPs
3. Each EP purse must have a irreducible minimum balance of 50 VNN
Let's summarize and add to the above said
- Emission pool is the basic unit, ensuring the functioning of the Blockchain Ventureon. Without EP blockchain does not work!
- 32 EPs are the minimal working configuration of the blockchain. Only EPs are the source of VNN coin issue. VNN coins are not issued and are not released into circulation
- the EP operates only on a dedicated or virtual server
- The server's lease payment is substantially lower than the payment for electricity consumed by the mining farm or "asik".
- The quantity of EPs is strictly limited by the system smart contract and can be increased only when the network is overloaded, by the common decision of the owners of pools with mandatory approval of the Notary
- By purchasing EP, the owner gets it for life use.
- Closer to the launch of the blockchain, we will help all EP owners in the choice of servers and installation of software
- the EP issues VNN when it is turned on and running. This is the only thing that you need to monitor and control as the owner of the pool. The rest will be made by a system smart contract
- EPs are of two types:
- Basic, with a daily emission of 2.5 VNN
- Light, with a daily emission of 1 VNN
- EP will pay off itself an average of 200 days from the date of purchase at the current cost of VNN equal 20 euros
- The term of the full VNN issue is about 50 years
- the EP can be alienated only by the decision of the owner, confirmed by the Notary Ventureon, or by the decision of the same Notary in case of a systematic shutdown of the EP for more than 90 days.
https://vnn.money/single_news.php?id=27
May 14, 2018, 09:45:28 AM
The time has come: the Blockchain Ventureon passed from testing mode to operating one
Developers of Ventureon have launched a blockchain system in a minimal working configuration - they are 32 emission pools. This means that it is already possible to conduct transactions on the blockchain.
However, until August, the infrastructure development and testing will be continued.
It should be noted that the emission pool is a self-sufficient working unit of the blockchain. As a consequence, the throughput and the number of emitted currencies depend on the number of pools. https://vnn.money/emission_pools/
We can bravely say that our blockchain is already a working configuration. That is, our developers have completed the current strategic stage in full. In addition, soon we are planning, to some extent, even to surprise the blockchain community. After all, our expectations from the implementation of technological solutions are justified on a day-to-day basis, and we are already getting practical results, " - said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Despite the launch of the blockchain in the operating mode, developers continue to improve the infrastructure and its immediate testing. "As they say, there is no limit to perfection," - note in Blockchain Ventureon.
We remind that, when designing Ventureon, developers abandoned the perverse practice of depending on the BTC rate. VNN is denominated in euros, is ensured in euros, and small operational reserves in other cryptocurrencies are needed only to support atomic swaps and are not taken into account in total capitalization. Thus, the VNN rate does not depend on the volatility of the cryptomarket. It is more information on the website https://vnn.money/.
Developers of Ventureon have launched a blockchain system in a minimal working configuration - they are 32 emission pools. This means that it is already possible to conduct transactions on the blockchain.
However, until August, the infrastructure development and testing will be continued.
It should be noted that the emission pool is a self-sufficient working unit of the blockchain. As a consequence, the throughput and the number of emitted currencies depend on the number of pools. https://vnn.money/emission_pools/
We can bravely say that our blockchain is already a working configuration. That is, our developers have completed the current strategic stage in full. In addition, soon we are planning, to some extent, even to surprise the blockchain community. After all, our expectations from the implementation of technological solutions are justified on a day-to-day basis, and we are already getting practical results, " - said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Despite the launch of the blockchain in the operating mode, developers continue to improve the infrastructure and its immediate testing. "As they say, there is no limit to perfection," - note in Blockchain Ventureon.
We remind that, when designing Ventureon, developers abandoned the perverse practice of depending on the BTC rate. VNN is denominated in euros, is ensured in euros, and small operational reserves in other cryptocurrencies are needed only to support atomic swaps and are not taken into account in total capitalization. Thus, the VNN rate does not depend on the volatility of the cryptomarket. It is more information on the website https://vnn.money/.
May 13, 2018, 02:05:26 PM
Developers of Ventureon are implementing a solution that will allow users to navigate in all processes inside the VNN wallet as transparent as possible https://vnn.money/single_news.php?id=22
‘We are clearly moving in the direction that was yet placed at the very beginning of our project, in accordance with our strategic objectives. Our priorities remain unchanged: to provide the most convenient and understandable blockchain for users, taking into account all wishes and experience. Our product is being tested at the development stage from all, as they say, angles and sides’, said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Each VNN coin is divided into 10,000 parts. The minimum unit of account in the blockchain (ttVNN) is 0.0001 VNN.
Types of coins
In circulation, there will be 6 types of coins. All coins have a unique identifier starting with the letter M. Like the addresses, they will have letter prefixes that determine the status of the coin. This will greatly accelerate the identification and understanding of what kind of coin it is, and what role it has.
For example:
D - ordinary coin, unit of account VNN,
C - coin of credit obligation,
I - investment coin,
P- probably stolen coin,
S - stolen coin,
B - burnt coin.
Let us consider the letter prefixes on practical examples, which will allow us to understand how this works. For example, take the status of one hundred millionth coin in the blockchain:
example 1
MD: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: the basic unit of account in the blockchain.
Issue: issued by emission pools. The amount is limited by the system smart contract. A total of 100 million such coins can be issued. It can also be issued arbitrarily by the Arbitrage to replace burned coins.
example 2
MC: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: a coin of a credit obligation. The nominal value is 1: 1 to the base coin. Used for lending to VNN network members.
Issue, limitations: issued by Notaries in an amount equal to the amount of the assessment of collateral.
example 3
MI: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: an investment coin is used, as the name implies, for investing in projects. The nominal value is 1: 1 to the base coin.
Issue, limitations: it is issued by projects independently under the supervision of the Notary.
example 4
MP: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: this designation is given to the base coin in case of using the emergency password when generating a transaction.
Issue: not subject to issue.
Limitations: despite the nominal value of 1: 1 to the base coin, circulation is limited. These coins are kept under careful watch; their path is monitored and recorded. The decision to change the status of such a coin is made by the Arbitrators following the investigation of the reasons for using the emergency password. It is possible to return to the basic status or to assign stolen status after the investigation.
example 5
MS: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: this status is assigned to the Arbitrators in the event of a decision to recognize the transaction as fraudulent or committed with criminal intent.
Issue: not subject to issue.
Limitations: the coin is withdrawn from circulation and subject to burning. Replacement to the base one is intended to be made according to an arbitration decision.
example 6
MB: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: burned coin.
Issue: not subject to issue.
Limitations: can not participate in circulation.
It is important to know
In Ventureon note that in the VNN wallets you can always see which coins and what status you have in possession. This will allow you to navigate in all processes inside the wallet as transparent as possible.
We recall that the Hi-Tech Park got interested in the development of Ventureon:
the creators of the project will take part in SMART TALER 2018, the annual conference on trends in fintech, blockchain and cryptocurrencies. The event will be held on May 26 this year in Minsk. We invite all those interested partners and investors. http://smart-taler.by/
‘We are clearly moving in the direction that was yet placed at the very beginning of our project, in accordance with our strategic objectives. Our priorities remain unchanged: to provide the most convenient and understandable blockchain for users, taking into account all wishes and experience. Our product is being tested at the development stage from all, as they say, angles and sides’, said Igor Brikov, the leading IT developer of the Blockchain Ventureon project.
Each VNN coin is divided into 10,000 parts. The minimum unit of account in the blockchain (ttVNN) is 0.0001 VNN.
Types of coins
In circulation, there will be 6 types of coins. All coins have a unique identifier starting with the letter M. Like the addresses, they will have letter prefixes that determine the status of the coin. This will greatly accelerate the identification and understanding of what kind of coin it is, and what role it has.
For example:
D - ordinary coin, unit of account VNN,
C - coin of credit obligation,
I - investment coin,
P- probably stolen coin,
S - stolen coin,
B - burnt coin.
Let us consider the letter prefixes on practical examples, which will allow us to understand how this works. For example, take the status of one hundred millionth coin in the blockchain:
example 1
MD: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: the basic unit of account in the blockchain.
Issue: issued by emission pools. The amount is limited by the system smart contract. A total of 100 million such coins can be issued. It can also be issued arbitrarily by the Arbitrage to replace burned coins.
example 2
MC: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: a coin of a credit obligation. The nominal value is 1: 1 to the base coin. Used for lending to VNN network members.
Issue, limitations: issued by Notaries in an amount equal to the amount of the assessment of collateral.
example 3
MI: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: an investment coin is used, as the name implies, for investing in projects. The nominal value is 1: 1 to the base coin.
Issue, limitations: it is issued by projects independently under the supervision of the Notary.
example 4
MP: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: this designation is given to the base coin in case of using the emergency password when generating a transaction.
Issue: not subject to issue.
Limitations: despite the nominal value of 1: 1 to the base coin, circulation is limited. These coins are kept under careful watch; their path is monitored and recorded. The decision to change the status of such a coin is made by the Arbitrators following the investigation of the reasons for using the emergency password. It is possible to return to the basic status or to assign stolen status after the investigation.
example 5
MS: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: this status is assigned to the Arbitrators in the event of a decision to recognize the transaction as fraudulent or committed with criminal intent.
Issue: not subject to issue.
Limitations: the coin is withdrawn from circulation and subject to burning. Replacement to the base one is intended to be made according to an arbitration decision.
example 6
MB: 5rgvK1FXK9MarC6ASCuDWVwSubsAKZDL7
Status: burned coin.
Issue: not subject to issue.
Limitations: can not participate in circulation.
It is important to know
In Ventureon note that in the VNN wallets you can always see which coins and what status you have in possession. This will allow you to navigate in all processes inside the wallet as transparent as possible.
We recall that the Hi-Tech Park got interested in the development of Ventureon:
the creators of the project will take part in SMART TALER 2018, the annual conference on trends in fintech, blockchain and cryptocurrencies. The event will be held on May 26 this year in Minsk. We invite all those interested partners and investors. http://smart-taler.by/
May 07, 2018, 08:20:48 AM
May 11, 2018, 03:34:16 AM
What do you think the most important advantage of Blockchain Ventureon over all the other blockchains? Your opinion is very important to us.
1. You are protected from the volatility and the falls of the cryptocurrency market. The reference value of VNN is backed up by real financial assets.
2. Your funds are protected not only by four-kilobit encryption keys, but also by an emergency password in case the transaction is made under the pressure of criminal circumstances.
3. You do not have to wait for hours to complete the transactions. The confirmation time is up to 3 seconds, and the bandwidth of Blockchain Ventureon is more than 32 thousand transactions per second.
4. Documentary evidence of the legitimately obtained income within the system.
5. Possessing an emission pool, you face the future with confidence! The high-income emission program of VNN - the issue of all 100 million VNN coins will take about 50 years.
6. You will be able to access atomic transactions from BTC, ETH, XRP, BCH, etc in VNN and vice versa. These are direct trans-currency transactions between third-party blockchains and major cryptocurrencies, bypassing exchanges and intermediaries.
7. You will be able legally and simply to deposit and withdraw funds in VNN, including using payment cards.
8. You can take part in the VNN issue (mining), which is carried out by VNN emission pools, without complex and expensive equipment. The number of pools is limited.
1. You are protected from the volatility and the falls of the cryptocurrency market. The reference value of VNN is backed up by real financial assets.
2. Your funds are protected not only by four-kilobit encryption keys, but also by an emergency password in case the transaction is made under the pressure of criminal circumstances.
3. You do not have to wait for hours to complete the transactions. The confirmation time is up to 3 seconds, and the bandwidth of Blockchain Ventureon is more than 32 thousand transactions per second.
4. Documentary evidence of the legitimately obtained income within the system.
5. Possessing an emission pool, you face the future with confidence! The high-income emission program of VNN - the issue of all 100 million VNN coins will take about 50 years.
6. You will be able to access atomic transactions from BTC, ETH, XRP, BCH, etc in VNN and vice versa. These are direct trans-currency transactions between third-party blockchains and major cryptocurrencies, bypassing exchanges and intermediaries.
7. You will be able legally and simply to deposit and withdraw funds in VNN, including using payment cards.
8. You can take part in the VNN issue (mining), which is carried out by VNN emission pools, without complex and expensive equipment. The number of pools is limited.
May 07, 2018, 07:12:28 AM
May 07, 2018, 11:51:11 AM
Ventureon has interested the High Technologies Park administration: the project representatives invited to the annual SMART TALER conference
The founders of the Blockchain Ventureon project will participate in the SMART TALER 2018, the annual conference on trends in fintech, blockchain and cryptocurrencies. The event will be held on May 26 this year in Minsk in the Park of High Technologies. http://smart-taler.by/
"We were invited to talk about our Ventureon project and take part in a panel discussion with representatives of Dash. This interest is not accidental, because our ideas carry a lot of interesting things in the world of blockchain, and we have something to share with leaders of innovations in this field, " Victor Sobor, managing partner of Hypercube Ventures, said.
Recall, High Technologies Park (HTP) can be called a Belarusian analogue of the US Silicon Valley. HTP is a special economic zone with a special tax and legal regime in the Republic of Belarus, contributing to the favorable and successful development of IT business.
Reference
Soon, the developers of Ventureon plan to deploy the system in the minimum working configuration.
Since the first steps of the implementation of Blockchain Ventureon, the founders of the project have established a tradition of open online step-by-step informing of investors, partners and early users. If you wish to be informed about our latest news online, please subscribe to our telegram-channel https://t.me/BC_Ventureon.
The founders of the Blockchain Ventureon project will participate in the SMART TALER 2018, the annual conference on trends in fintech, blockchain and cryptocurrencies. The event will be held on May 26 this year in Minsk in the Park of High Technologies. http://smart-taler.by/
"We were invited to talk about our Ventureon project and take part in a panel discussion with representatives of Dash. This interest is not accidental, because our ideas carry a lot of interesting things in the world of blockchain, and we have something to share with leaders of innovations in this field, " Victor Sobor, managing partner of Hypercube Ventures, said.
Recall, High Technologies Park (HTP) can be called a Belarusian analogue of the US Silicon Valley. HTP is a special economic zone with a special tax and legal regime in the Republic of Belarus, contributing to the favorable and successful development of IT business.
Reference
Soon, the developers of Ventureon plan to deploy the system in the minimum working configuration.
Since the first steps of the implementation of Blockchain Ventureon, the founders of the project have established a tradition of open online step-by-step informing of investors, partners and early users. If you wish to be informed about our latest news online, please subscribe to our telegram-channel https://t.me/BC_Ventureon.
May 07, 2018, 06:27:43 AM
Since April 25 Blockchain Ventureon launched new line of available pools
The founders of the venture fund Hypercube Ventures reviewed the updated launch schedule and analyzed the financial model of the Blockchain Ventureon project. It was decided to create a line of simplified, less profitable and more accessible emission pools, as was noted by the fund.
‘We always keep an eye on things and analyze all the processes inside the Blockchain Ventureon laboratory online. The current situation was no exception, the recommendations of fund analysts were accepted by the project team in full. First of all, it concerns the pricing of blockchain emission pools. We decided to launch light-type pools. And most importantly, this simplification does not affect the functionality of the blockchain as a whole and concerns only certain service options for the owner’s interaction with the emission pool server,’ Viktor Sobor, the managing partner of Hypercube Ventures, commented.
So, what we have at this stage of the project development is now the pools will be of two major types - basic and light. The profitability of the basic pools is 2.5 VNN (50 euros) per day, the profitability of light pools is 1 VNN (20 euros) per day.
As the founders of the venture fund Hypercube Ventures noted, the cost of the pools has also undergone a correction. Introduced the concept of "delayed start", in which the owners of simplified pools have to wait a little longer.
The formula for calculating the price of a pool: Current pool price = Total cost - (Yield * number of months waiting). For more details, see the tables.
Basic Pools** https://vnn.cash/index.php?route=product/category&path=18:
* Not yet on sale.
** New pricing comes into force from 25.04.2018.
For all those who purchased pools before the conditions remain unchanged.
Light pools** https://vnn.cash/index.php?route=product/category&path=60:
* Not yet on sale.
** New pricing comes into force from 25.04.2018.
For all those who purchased pools before the conditions remain unchanged.More info on the site https://vnn.money/single_news.php?id=11.
The founders of the venture fund Hypercube Ventures reviewed the updated launch schedule and analyzed the financial model of the Blockchain Ventureon project. It was decided to create a line of simplified, less profitable and more accessible emission pools, as was noted by the fund.
‘We always keep an eye on things and analyze all the processes inside the Blockchain Ventureon laboratory online. The current situation was no exception, the recommendations of fund analysts were accepted by the project team in full. First of all, it concerns the pricing of blockchain emission pools. We decided to launch light-type pools. And most importantly, this simplification does not affect the functionality of the blockchain as a whole and concerns only certain service options for the owner’s interaction with the emission pool server,’ Viktor Sobor, the managing partner of Hypercube Ventures, commented.
So, what we have at this stage of the project development is now the pools will be of two major types - basic and light. The profitability of the basic pools is 2.5 VNN (50 euros) per day, the profitability of light pools is 1 VNN (20 euros) per day.
As the founders of the venture fund Hypercube Ventures noted, the cost of the pools has also undergone a correction. Introduced the concept of "delayed start", in which the owners of simplified pools have to wait a little longer.
The formula for calculating the price of a pool: Current pool price = Total cost - (Yield * number of months waiting). For more details, see the tables.
Basic Pools** https://vnn.cash/index.php?route=product/category&path=18:
| Cost of Emission Pools | Launch time | In stock |
| 9999 | Instantly | 100* pcs |
| 8500 | in 1 month | 50* pcs |
| 7000 | in 2 months | 50* pcs |
| 5500 | in 3 months | 40* pcs |
| 4000 | in 4 month | 30 pcs |
| 2500 | in 5 months | 20 pcs |
| 1000 | in 6 months | 10 pcs |
* Not yet on sale.
** New pricing comes into force from 25.04.2018.
For all those who purchased pools before the conditions remain unchanged.
Light pools** https://vnn.cash/index.php?route=product/category&path=60:
| Cost of Emission Pools | Launch time | In stock |
| 3999 | Instantly | 50* pcs |
| 3400 | in 1 month | 50* pcs |
| 2800 | in 2 months | 40* pcs |
| 2200 | in 3 months | 30* pcs |
| 1600 | in 4 month | 20 pcs |
| 1000 | in 5 month | 10 pcs |
* Not yet on sale.
** New pricing comes into force from 25.04.2018.
For all those who purchased pools before the conditions remain unchanged.More info on the site https://vnn.money/single_news.php?id=11.
May 07, 2018, 04:28:14 AM
Blockchain Ventureon launched an open alpha testing of the blockchain with wallet emulators
Today, the developers of Ventureon confirmed the readiness and launch of open alpha testing of the blockchain with wallet emulators. Now the public and users have a splendid opportunity to try out in practice how this technology was implemented.
‘We keep moving according to the schedule for the development of the project, even slightly ahead. The code has been written, and alpha testing of the blockchain with the wallet emulators has been launched. But it’s important not just to write the code correctly, but to debug the entire system. That is why we provide an opportunity to test this technology. Everybody is welcome to do this via the link https://ventureon.money/.
It is very important for us that the product is as high-quality and understandable for all users of the system’, Igor Brikov, the leading IT developer of the Blockchain Ventureon project, summed up.
Reference
Soon, the developers of Ventureon plan to deploy the system in the minimum working configuration.
Since the first steps of the implementation of Blockchain Ventureon, the founders of the project have established a tradition of open online step-by-step informing of investors, partners and early users. More info on the site: https://vnn.money/single_news.php?id=20
Today, the developers of Ventureon confirmed the readiness and launch of open alpha testing of the blockchain with wallet emulators. Now the public and users have a splendid opportunity to try out in practice how this technology was implemented.
‘We keep moving according to the schedule for the development of the project, even slightly ahead. The code has been written, and alpha testing of the blockchain with the wallet emulators has been launched. But it’s important not just to write the code correctly, but to debug the entire system. That is why we provide an opportunity to test this technology. Everybody is welcome to do this via the link https://ventureon.money/.
It is very important for us that the product is as high-quality and understandable for all users of the system’, Igor Brikov, the leading IT developer of the Blockchain Ventureon project, summed up.
Reference
Soon, the developers of Ventureon plan to deploy the system in the minimum working configuration.
Since the first steps of the implementation of Blockchain Ventureon, the founders of the project have established a tradition of open online step-by-step informing of investors, partners and early users. More info on the site: https://vnn.money/single_news.php?id=20
May 04, 2018, 11:15:46 AM
When forming a transaction in Blockchain Ventureon, you can check the wallet prefix for account status
Would you like to trust your counterpart and understand in advance whether it is safe for you? Read on the site what solutions the team of the Blockchain Ventureon offers to implement. https://vnn.money/single_news.php?id=18
Would you like to trust your counterpart and understand in advance whether it is safe for you? Read on the site what solutions the team of the Blockchain Ventureon offers to implement. https://vnn.money/single_news.php?id=18
May 04, 2018, 02:03:52 AM
Quote
As with any other type of potential investment, if a promoter guarantees returns, if an opportunity sounds too good to be true, or if you are pressured to act quickly, please exercise extreme caution and be aware of the risk that your investment may be lost.
https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
May 03, 2018, 09:59:22 AM
Quote
As with any other type of potential investment, if a promoter guarantees returns, if an opportunity sounds too good to be true, or if you are pressured to act quickly, please exercise extreme caution and be aware of the risk that your investment may be lost.
https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
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