Topic: [UNOFFICIAL] [VNL] Vanillacoin 0.4.1 | Instant ▱ Incentivized ▱ Innovative - page 180. (Read 433405 times)

They were contacted as far as I know, no response so far. You could say the same from BCT admins, but to be real, this isn't how things work on a global scale on the internet.


On a sidenote: I'm not trying to advise you on your investments nor do I ask you to believe everything people state on forums, the best is always to do your own research. The best fact that probably goes inline with our discussion is that we got added to Poloniex while almost no new cryptocurrencies get there, and prior to addition (and also prior them lowering the needed deposit confirmations to 1) they reviewed Vanillacoins codebase. Bitcoin was the only currency they allowed 1 confirmation deposits @ Poloniex. As far as I know they don't accept InstantX from Dash to speed up deposits (please correct me if I'm wrong here, the last time I checked this was the situation) and I'm pretty sure they will accept ZeroTime as it will be a clean, decentralized instant transaction technology that can not be double spent.

 
  
Right, and I appreciate your explanation.  
  
I know from personal experience that Reddit admins take any attempt to sell and/or extort money for a subreddit very seriously.  If you have proof of this, it is likey that Reddit admins will happily turn over control of that subreddit to you.  I know how frustrating it can be to have someone squat your natural subreddit name and use it to smear you, so if that is what is happening, you have my sympathies.

I already explained this to you when you first asked. The subreddit was registered by someone who was banned from the forum early and after he tried to extort the developer from money for the subreddit ownership and failed, he started fudding. This was already explained to you.

What you state here is that you have to make sure this isn't a scam because you read something that was already explained to you. The private messages of the mentioned individual were copied to IRC when he tried to extort.

So yeah, I take it for hidden negativity if you keep basing your questions on that 1 individuals statements.

 
  
It's not my intent to be hiddenly negative.  
  
If this were DingleberryCoin I wouldn't waste my time.  The premise actually sounds quite interesting and as an independent code base that claims to be massively scalable with the ability to instantly re-spend, it would solve one of the gaping holes in crypto: "How will we buy our coffee with this technology?"  
  
However, one of the first things I did when I learned about VanillaCoin was check to see if you have an active Reddit community and so I manually typed in www.reddit.com/r/vanillacoin and immediately found that an angry user had hijacked the name and was posting negative things about it.  
  
I can understand if it is frustrating to have a great new product and have a few salty people saying malicious things about it, but the truth should not fear any inquiry and should be able to withstand all scrutiny that comes its way.  That the lead (and only?) developer has already told a small fib about having investors is somewhat troubling.  
  
If Vanillacoin intends to become a dominant crypto, it should be prepared to have every angle and aspect scrutinized and attacked, and should be able to withstand such attacks.  I'll continue to read and learn more about you and your technology. 
 
Does john_connor welcome additional developers and help with his project if they are inclined?

-  Is the technology completely new and needed?   VNL solves many of the difficulties associated w/BTC
- Is it completely open source and the development transparent?  AFAIK, open and transparent
- Was the launch also totally transparent and fair?  i was there and yes it was
- Is the distribution such that the intent is to distribute the coins widely to those willing to work for them (as opposed to making a few insiders rich)?    100% emphatacally YES
- Can this coin feasibly scale and grow in the future?   from my time spent lurking in irc, scalability is not a problem

 go to
https://www.poloniex.com/exchange#btc_vnl
 
 and zoom out all the way. look at the graph. is there any sign of massive dumping? (how i wish there was, lol)

also, coin++, dark++ will enable other curancys to benefit from j.-c.'s work - should give a hefty lift to the alt scene imo

Maybe we should have sent him a letter

Also please stop being hiddenly negative, there are no allegations. We have 100+ pages of positive comments and only 4 people tried to troll here. Compare that to any other top 10 cryptos thread.

I am the person here trying to understand your project and give it as much credence as I can while I investigate all the details.  
  
There's a few different hurdles that Vanillacoin needs to jump through (that all new cryptocurrencies must jump through) in order to validate its existence:  
  
- Is the technology completely new and needed?  
- Is it completely open source and the development transparent?  
- Was the launch also totally transparent and fair?  
- Is the distribution such that the intent is to distribute the coins widely to those willing to work for them (as opposed to making a few insiders rich)?  
- Can this coin feasibly scale and grow in the future?  

I'm trying to determine if VanillaCoin can pass all five of these checks, and if so, it deserves consideration as a future cryptocurrency staple.  
  
There's allegations currently of a skewed launch though, and if they have merit, the genesis block needs to be restarted.  If they are just FUD, then they need to be put to rest forever.  
  
I am also hearing allegations that the distribution is flawed, so we are checking on that as well.  
  
I would advise you, if you haven't already, to post something to the bitcoin blockchain that can timestamp your claim of existence.  I personally believe that you didn't/can't alter those bitcoin talk thread dates, but having something in the bitcoin blockchain is the only 100% way to eliminate all doubt about your existence at a certain time.  For an example of why this might be important, check out Bytecoin and their storied past.

What are you? The altcoin FBI?

 https://bitcointalksearch.org/topic/ann-vnl-vanillacoin-beta-pre-release-890388   12/12/14
https://bitcointalksearch.org/topic/ann-vnl-vanillacoin-beta-launch-903033  12/22/14

There was a pre-announcement a few weeks prior the actual launch on BCT which was closed down after the launch and discussion moved over to the official forums.

 
 
I will read some of this and get back to you. 

I consider the bitcoin ledger to be the public ledger for all projects.  Did VanillaCoin also happen to make a blockchain announcement so we can effectively date the launch?

Well for one, rented servers were not allowed on the VNL network for the first few weeks.  I tried mining from both AWS and digitalocean, but the client would not run.

http://vanillacoin.net/papers/vanillacoin.pdf


Also, it would be usefull to read this thread: https://talk.vanillacoin.net/topic/5/launch (1.5k Posts) to have a full picture, why VNL distribution is the fairest you could ever imagine.

Let's discuss the emission please. 
 
That seems to be the focus of the complaints about this coin.  Any new currency must have a fair emission in order for it to pass muster down the line. 
 
If the emission was hackneyed or ultra-fast and then converted to POS, that is bad. 
 
Can someone ELIAP and use small words and pictures so simpletons like me can understand why VanillaCoin has a fair distribution that will stand the scrutiny of time? 
 

---

 
 
For example, if I distribute all the initial coins via POW in the first couple of weeks, and then transfer over to POS, that's obviously scamish.  That means that all the real work was done in the first 2 weeks and a lot of people rented out server time, got a shitload of coins, and now stand to make a lot of money off of people buying in to the currency later.  This shifts the motive of the coin from technology and ideals to profiting the first users... that's no good. 
 
BUT, if you distribute the coins slowly over a period of years, and then have some perpetual emission afterwards, that's a good thing.  That shows that you are trying to achieve a wide and fair distribution to all. 
 
So, please enlighten me about VanillaCoin distribution.

Just go away Einstein , we got it 

I don't think there is any need to insult other communities.  

John invented FPGA mining and has pretty much been rolling out awesome after awesome.  The least we can do is not sink to the level of crass ad hominems and petulant bickering.

Please stop arguing with him. He isn't the spokesperson nor the face of his community.

HOW is this a scam, moron?

We all know skill of Monero community to be the WORST TOXIC community btc haven't lived

If you love your dev sitting on their ass and only FUD other coin,go for it,we don't need it here.

Also you'r coin was also a pale copy from a scam. So don't start with this debate,this coin was from scratch lol noob.