Vote going on for "Wayne" (Sounds like Vanillacoin in chinese) or "Vanilla" coin.
http://8btc.com/forum.php?mod=viewthread&tid=22532
Topic: [UNOFFICIAL] [VNL] Vanillacoin 0.4.1 | Instant ▱ Incentivized ▱ Innovative - page 105. (Read 433405 times)
September 07, 2015, 01:10:15 AM
September 06, 2015, 10:28:49 PM
I have been just been accumulating since ZT's release. VNL's tech alone demands higher prices. VNL train is getting ready to depart 
September 06, 2015, 07:49:54 PM
VNL is below 25k now.
Time to get in if you are not holding VNL. It is quite cheap when it was 30k a few ago.
Time to get in if you are not holding VNL. It is quite cheap when it was 30k a few ago.
yeah i'm synching my BTCitpiggy bank ... gonna spend some
Quote from: traumschiff
Block rewards have dropped now with reaching 200k blocks, the new block reward is 62.
VNL emission rate has halved.
I waited in 20k SATS
September 06, 2015, 12:30:02 PM
VNL is below 25k now.
Time to get in if you are not holding VNL. It is quite cheap when it was 30k a few ago.
Time to get in if you are not holding VNL. It is quite cheap when it was 30k a few ago.
yeah i'm synching my BTCitpiggy bank ... gonna spend some
Quote from: traumschiff
Block rewards have dropped now with reaching 200k blocks, the new block reward is 62.
VNL emission rate has halved.
September 06, 2015, 10:26:36 AM
Block rewards have dropped now with reaching 200k blocks, the new block reward is 62.
September 06, 2015, 10:10:26 AM
VNL is below 25k now.
Time to get in if you are not holding VNL. It is quite cheap when it was 30k a few ago.
Time to get in if you are not holding VNL. It is quite cheap when it was 30k a few ago.
September 05, 2015, 04:31:30 PM
News paper from John-Connor
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Why not just PoS?
Generating PoS blocks for the incentive system would meant they take away blocks from stakers (since there is obviously a fixed block generation rate/time) and PoS blocks are lowish in value anyway since it's 0.7% annual stake.
Taking away % from the PoW (5% was used in the paper as an example) seems esier to accomplish, or am I missing something?
Thank you for your support.
Thank you for clarification! I would say that 50% seems rather a lot, but who knows, it may work out. It all depends on how well the market/price reacts. If we get a rise in price, cutting down more % doesn't seem bad for the current miners.
Thank you for your support.
Never thought about this point of view, you're making perfect sense with the explanation. Redistribute some of the PoW rewards to the peers that are supporting some of the features of the project is actually a great idea.
Well yeah, in this sense pools don't really help a network like Vanillacoins, specially with ZeroTime and the need for trusted peers for voting.
September 05, 2015, 04:22:07 PM
even with the reduction of the block reward I still think that the number of coins created per day is very high.
The dump will be greater after the FPGAs are widely used.
Why should the "dump" be higher? Even if billion of FPGAs are used, the total amount of mined coins will be constant and decreased with each block reward reduction.The dump will be greater after the FPGAs are widely used.
Yes, but electricity costs will be much lower with FPGA than GPU, so miners will be more willing to dump
I agree and all those old FPGA farms from early bitcoin days are making a killing
What we need is something that everyone can get easily instead of some limited item geared towards early FPGA bitcoin farms
Thank you for your support.
I see, thanks for clearing that up
I didn't realize you had a method to track FPGA usage, it would be nice if you shared the tracking method with the community.
Thank you for your support.
September 05, 2015, 04:11:58 PM
News paper from John-Connor
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Why not just PoS?
Generating PoS blocks for the incentive system would meant they take away blocks from stakers (since there is obviously a fixed block generation rate/time) and PoS blocks are lowish in value anyway since it's 0.7% annual stake.
Taking away % from the PoW (5% was used in the paper as an example) seems esier to accomplish, or am I missing something?
Thank you for your support.
Thank you for clarification! I would say that 50% seems rather a lot, but who knows, it may work out. It all depends on how well the market/price reacts. If we get a rise in price, cutting down more % doesn't seem bad for the current miners.
Thank you for your support.
September 05, 2015, 02:24:23 PM
Here's my wallet with disabled POS. All recommendations have been implemented.
I do not know how to insert the image.
I do not know how to insert the image.
you can upload photos on this website for free without having to sign up or any BS. It also gives you a link for posing it to forums easy.
http://tinypic.com
There's an easy way to determine if your wallet is presenting properly to the network for staking
Go to the debug.log file in your C:\Users\
You should see entries like this in the file;
[INFO] - coin::mining_manager::pos_tick: Mining manager, mining (pos) with 1 transactions in block, bytes = 181.
If you are seeing this type of entry then you are presenting properly for staking and all you need to do is wait... it will stake
Also make sure that the entry for POS is correct in your config.dat file - it should have an entry similar to;
"mining":{"proof-of-stake":"1"}
Hope this helps
You need to wait if everything is ok. If you have somewhere between 1-2k coins you can wait as long as 1-2 weeks to start staking. It took me 1 week to start with a lot more, but I could stake a few times daily after it started.
September 05, 2015, 01:44:34 PM
Here's my wallet with disabled POS. All recommendations have been implemented.
I do not know how to insert the image.
I do not know how to insert the image.
you can upload photos on this website for free without having to sign up or any BS. It also gives you a link for posing it to forums easy.
http://tinypic.com
There's an easy way to determine if your wallet is presenting properly to the network for staking
Go to the debug.log file in your C:\Users\
You should see entries like this in the file;
[INFO] - coin::mining_manager::pos_tick: Mining manager, mining (pos) with 1 transactions in block, bytes = 181.
If you are seeing this type of entry then you are presenting properly for staking and all you need to do is wait... it will stake
Also make sure that the entry for POS is correct in your config.dat file - it should have an entry similar to;
"mining":{"proof-of-stake":"1"}
Hope this helps
September 05, 2015, 06:31:50 AM
Here's my wallet with disabled POS. All recommendations have been implemented.
I do not know how to insert the image.
I do not know how to insert the image.
you can upload photos on this website for free without having to sign up or any BS. It also gives you a link for posing it to forums easy.
http://tinypic.com
There's an easy way to determine if your wallet is presenting properly to the network for staking
Go to the debug.log file in your C:\Users\
You should see entries like this in the file;
[INFO] - coin::mining_manager::pos_tick: Mining manager, mining (pos) with 1 transactions in block, bytes = 181.
If you are seeing this type of entry then you are presenting properly for staking and all you need to do is wait... it will stake
Also make sure that the entry for POS is correct in your config.dat file - it should have an entry similar to;
"mining":{"proof-of-stake":"1"}
Hope this helps
September 05, 2015, 05:05:42 AM
Do we know how many coins, per day, will be produce after block 200k?
September 05, 2015, 05:03:47 AM
News paper from John-Connor
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Why not just PoS?
Generating PoS blocks for the incentive system would meant they take away blocks from stakers (since there is obviously a fixed block generation rate/time) and PoS blocks are lowish in value anyway since it's 0.7% annual stake.
Taking away % from the PoW (5% was used in the paper as an example) seems esier to accomplish, or am I missing something?
Thank you for your support.
Thank you for clarification! I would say that 50% seems rather a lot, but who knows, it may work out. It all depends on how well the market/price reacts. If we get a rise in price, cutting down more % doesn't seem bad for the current miners.
September 05, 2015, 12:14:38 AM
Here's my wallet with disabled POS. All recommendations have been implemented.
I do not know how to insert the image.
I do not know how to insert the image.
you can upload photos on this website for free without having to sign up or any BS. It also gives you a link for posing it to forums easy.
http://tinypic.com
September 05, 2015, 12:04:03 AM
Here's my wallet with disabled POS. All recommendations have been implemented.
I do not know how to insert the image.
I do not know how to insert the image.
you can upload photos on this website for free without having to sign up or any BS. It also gives you a link for posing it to forums easy.
http://tinypic.com
September 04, 2015, 11:50:28 PM
Here's my wallet with disabled POS. All recommendations have been implemented.
I do not know how to insert the image.
I do not know how to insert the image.
September 04, 2015, 10:31:19 PM
News paper from John-Connor
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Vanillacoin is looking more like bitcoin on steroids. Bitcoin maximalist's, watch out, there's a new kid on the block. This coin is officially 1337 status.
September 04, 2015, 09:45:22 PM
News paper from John-Connor
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Node Incentives: An autonomous decentralised incentive and donation system.
Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944
Why not just PoS?
Generating PoS blocks for the incentive system would meant they take away blocks from stakers (since there is obviously a fixed block generation rate/time) and PoS blocks are lowish in value anyway since it's 0.7% annual stake.
Taking away % from the PoW (5% was used in the paper as an example) seems esier to accomplish, or am I missing something?
Thank you for your support.
Awesome. ... balanced equalitarian and pure genius.. now I'm really considering jumping in with both feet.
September 04, 2015, 06:39:50 PM
even with the reduction of the block reward I still think that the number of coins created per day is very high.
The dump will be greater after the FPGAs are widely used.
Why should the "dump" be higher? Even if billion of FPGAs are used, the total amount of mined coins will be constant and decreased with each block reward reduction.The dump will be greater after the FPGAs are widely used.
Yes, but electricity costs will be much lower with FPGA than GPU, so miners will be more willing to dump
I agree and all those old FPGA farms from early bitcoin days are making a killing
What we need is something that everyone can get easily instead of some limited item geared towards early FPGA bitcoin farms
Thank you for your support.
I see, thanks for clearing that up
I didn't realize you had a method to track FPGA usage, it would be nice if you shared the tracking method with the community.
Jump to: