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Topic: [UNOFFICIAL] [VNL] Vanillacoin 0.4.1 | Instant ▱ Incentivized ▱ Innovative - page 239. (Read 433405 times)

hero member
Activity: 728
Merit: 500
I believe the coin age for staking is 8 hours.

That's weird, I've staked for days and got nothing with a nice chunk of VNL sitting there, unlocked.

I stake anywhere from 2-3 times daily.  Don't want to say how many but it is a nice chunk.
member
Activity: 81
Merit: 1002
It was only the wind.
Please test new Smelter version
Should work with Nicehash now (but keep an eye on it!), more GPUs are supported (270, 290x and other GCN)

TYVM smolen, smelter runs 181MH/s on my poor 7850

I get just 165MH/s on HD7850  Huh

And I get ~271MH/s on it.

Sure you do, you're "tha wolf" Wink I'm not surprised


There was a point to that comment: had you took the time to read what junkozane quoted, you might have realized that he probably isn't using the stock SGMiner (as I am not.)

Please test new Smelter version
Should work with Nicehash now (but keep an eye on it!), more GPUs are supported (270, 290x and other GCN)

TYVM smolen, smelter runs 181MH/s on my poor 7850

I get just 165MH/s on HD7850  Huh

And I get ~271MH/s on it.

Why don't you release some full speed version where you get a percentage?

I'm working on it. I need to write my own miner from scratch first, so it's not infected with the GPL.



I'm getting that speed with smelter version posted above - I believe junkozane was talking about smelter too Roll Eyes
(with stock sgminer I get about 50)

Really? Because with the version I released a while ago, you should be getting FAR more than 50MH/s.
full member
Activity: 171
Merit: 100
I believe the coin age for staking is 8 hours.

That's weird, I've staked for days and got nothing with a nice chunk of VNL sitting there, unlocked.
newbie
Activity: 6
Merit: 0
I believe the coin age for staking is 8 hours.
full member
Activity: 171
Merit: 100
Well, I'm in. What is the min/max coin age? Whitepaper says .7% stake yearly, but nothing about when, frequency, etc. Any other way to support other than buying/mining?
member
Activity: 81
Merit: 1002
It was only the wind.
Please test new Smelter version
Should work with Nicehash now (but keep an eye on it!), more GPUs are supported (270, 290x and other GCN)

TYVM smolen, smelter runs 181MH/s on my poor 7850

I get just 165MH/s on HD7850  Huh

And I get ~271MH/s on it.

Sure you do, you're "tha wolf" Wink I'm not surprised


There was a point to that comment: had you took the time to read what junkozane quoted, you might have realized that he probably isn't using the stock SGMiner (as I am not.)

Please test new Smelter version
Should work with Nicehash now (but keep an eye on it!), more GPUs are supported (270, 290x and other GCN)

TYVM smolen, smelter runs 181MH/s on my poor 7850

I get just 165MH/s on HD7850  Huh

And I get ~271MH/s on it.

Why don't you release some full speed version where you get a percentage?

I'm working on it. I need to write my own miner from scratch first, so it's not infected with the GPL.

legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?

To all that others guys said about technical specifications regarding VNL development I’ll say that daily pressure is only around 20k new coins and this days I alone am buying at least 10% of that amount. In approximately 7 months that pressure will drop to some 17k of VNL per day and as interest in new technically advanced coin will grow that amount will be divided on higher number of miners, holders, investors, ...


7 months  Roll Eyes
icecream can't last that long

Some coins are short term and others have a chance at lasting, I think this one has a chance. In 7 months I am sure we will be way higher or lower though, hopefully way higher. Smiley
newbie
Activity: 53
Merit: 0
hero member
Activity: 829
Merit: 1000
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?

To all that others guys said about technical specifications regarding VNL development I’ll say that daily pressure is only around 20k new coins and this days I alone am buying at least 10% of that amount. In approximately 7 months that pressure will drop to some 17k of VNL per day and as interest in new technically advanced coin will grow that amount will be divided on higher number of miners, holders, investors, ...


7 months  Roll Eyes
icecream can't last that long

... but chocolate can Wink
... and vanilla is flavor who can last forever  Grin

EDIT
Huh Sorry it seems I miscalculated all things wrong.
So next block reward drop will happen in aprox. 2 months (every 50k blocks or is it 40k?!?)
member
Activity: 81
Merit: 1002
It was only the wind.
Please test new Smelter version
Should work with Nicehash now (but keep an eye on it!), more GPUs are supported (270, 290x and other GCN)

TYVM smolen, smelter runs 181MH/s on my poor 7850

I get just 165MH/s on HD7850  Huh

And I get ~271MH/s on it.
hero member
Activity: 829
Merit: 1000
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?

To all that others guys said about technical specifications regarding VNL development I’ll say that daily pressure is only around 20k new coins and this days I alone am buying at least 10% of that amount. In approximately 7 months that pressure will drop to some 17k of VNL per day and as interest in new technically advanced coin will grow that amount will be divided on higher number of miners, holders, investors, ...

edit
The biggest problem right now I think is difficulty retargeting algo which is once changed in favor of GPU miners but is now exploited by some big farm or multipool who jumps in or out based on their profitability calculation. Anyway only john-connor knows why he changed that from, if I remeber right, 2 weeks regatargeting to this ultra short retargeting period.
legendary
Activity: 1498
Merit: 1001
180 BPM
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?

The same way as an uptrend emerges on some popular PoW coins like DRK and XMR. Innovation will give birth to demand that will outstretch supply. Between pumps or "upward corrections" we will always see downwards corrections since the miners have to take profit.

If the O(1) routing is implemented (which will be superior to Bitcoins) and the UDP layer, John can focus on implementing zero confirm transaction which will be by far the most advanced instant transaction tech on the market. For the moment his focus is on the staking and highly energy efficient mobile wallets which will deal with partial blockchains to secure the network, these will be more advanced than what competitors offer currently.

We have plenty of innovations ahead of us, current price should never be the focus of a coin, but rather the future potential. John doesn't seem to go anywhere Smiley

Totally agree there, I mined and bought Darkcoin for a long time and eventually had massive gains. Gave up on XMR too quickly, but the loyal miners and holders there did amazingly well.

Also, I am pretty sure the other staking coins just drain battery, and are therefore gimmicks to meet roadmap objectives and "news", so this would be the first effective/real mobile wallet staking coin. From what I read, that is the real core of the plan, that mobile could actually be most of the network and make it pretty much invincible, which is very interesting given the size and growth of mobile.

Yeah, so far everything points in that direction, the features will be far more polished compared to the competition. The codebase is amazing and it gives the possibility for these upcomming features to run seamlessly. The main problem of the current mobile wallets is the same as with the coins itself, they are based on a codebase that is already several years old, innovation should be an endless process and not something that isn't (majorly) touched for years.

The problem with DRKs instant transaction is that it is based on masternodes, a flawed and centralised system (that could fail anytime) instead of just relying on the code and P2P network itself.

Also John already solved one of the bigger problems of Bitcoin/Peercoin, the scalability: https://talk.vanillacoin.net/topic/117/multitier-architecture
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?

The same way as an uptrend emerges on some popular PoW coins like DRK and XMR. Innovation will give birth to demand that will outstretch supply. Between pumps or "upward corrections" we will always see downwards corrections since the miners have to take profit.

If the O(1) routing is implemented (which will be superior to Bitcoins) and the UDP layer, John can focus on implementing zero confirm transaction which will be by far the most advanced instant transaction tech on the market. For the moment his focus is on the staking and highly energy efficient mobile wallets which will deal with partial blockchains to secure the network, these will be more advanced than what competitors offer currently.

We have plenty of innovations ahead of us, current price should never be the focus of a coin, but rather the future potential. John doesn't seem to go anywhere Smiley

Totally agree there, I mined and bought Darkcoin for a long time and eventually had massive gains. Gave up on XMR too quickly, but the loyal miners and holders there did amazingly well.

Also, I am pretty sure the other staking coins just drain battery, and are therefore gimmicks to meet roadmap objectives and "news", so this would be the first effective/real mobile wallet staking coin. From what I read, that is the real core of the plan, that mobile could actually be most of the network and make it pretty much invincible, which is very interesting given the size and growth of mobile.
legendary
Activity: 1498
Merit: 1001
180 BPM
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?

The same way as an uptrend emerges on some popular PoW coins like DRK and XMR. Innovation will give birth to demand that will outstretch supply. Between pumps or "upward corrections" we will always see downwards corrections since the miners have to take profit.

If the O(1) routing is implemented (which will be superior to Bitcoins) and the UDP layer, John can focus on implementing zero confirm transaction which will be by far the most advanced instant transaction tech on the market. For the moment his focus is on the staking and highly energy efficient mobile wallets which will deal with partial blockchains to secure the network, these will be more advanced than what competitors offer currently.

We have plenty of innovations ahead of us, current price should never be the focus of a coin, but rather the future potential. John doesn't seem to go anywhere Smiley

Edit: Also please don't read this as an "invest right now" advice, I won't tell you that. Obviously the best would be (as by every investment) to buy in on the bottom, if you feel that it can go lower than wait it out.
hero member
Activity: 508
Merit: 500
Jahaha
Wouldn't all this pressure from miners dumping always drive the price of this coin down ? How will an uptrend emerge ?
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com

I wasn't suggesting buying 10 cards, but you obviously didn't read what I wrote, but yes if the guy is in buying only for mining and only for VNL then it's better to wait and buy FPGA once the miner is ready.


Or just buy coins from an exchange. Some relatively small investment (20-50 dollars) will get you more coins than 1 gpu rig can ever mine.

+1, if someone is looking into investing this would be advised rather than buying gpus for mining. Even if the price rises you won't have a solid chance as a small time miner because farms will instantly jump on the train.

I am mining it, but only because I had an old Darkcoin rig sitting around. Mostly for fun, but by far most of my coins are from buying them. Maybe a couple percent from mining.
sr. member
Activity: 350
Merit: 250

I wasn't suggesting buying 10 cards, but you obviously didn't read what I wrote, but yes if the guy is in buying only for mining and only for VNL then it's better to wait and buy FPGA once the miner is ready.


Or just buy coins from an exchange. Some relatively small investment (20-50 dollars) will get you more coins than 1 gpu rig can ever mine.

+1, if someone is looking into investing this would be advised rather than buying gpus for mining. Even if the price rises you won't have a solid chance as a small time miner because farms will instantly jump on the train.
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legendary
Activity: 1498
Merit: 1001
180 BPM

I wasn't suggesting buying 10 cards, but you obviously didn't read what I wrote, but yes if the guy is in buying only for mining and only for VNL then it's better to wait and buy FPGA once the miner is ready.


Or just buy coins from an exchange. Some relatively small investment (20-50 dollars) will get you more coins than 1 gpu rig can ever mine.

+1, if someone is looking into investing this would be advised rather than buying gpus for mining. Even if the price rises you won't have a solid chance as a small time miner because farms will instantly jump on the train.
full member
Activity: 185
Merit: 100

I wasn't suggesting buying 10 cards, but you obviously didn't read what I wrote, but yes if the guy is in buying only for mining and only for VNL then it's better to wait and buy FPGA once the miner is ready.


Or just buy coins from an exchange. Some relatively small investment (20-50 dollars) will get you more coins than 1 gpu rig can ever mine.
sr. member
Activity: 532
Merit: 250
Hi,any news about the c-cex wallet  now ?  Huh
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