Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 212.

ymer

sr. member

Activity: 308

Merit: 250

Quote from: sdersdf2 on May 15, 2014, 10:25:22 AM

Quote from: ymer on May 15, 2014, 10:24:00 AM

Quote from: sdersdf2 on May 15, 2014, 10:21:37 AM

Is there a TDLR summary on what's special about this coin? What sets it apart? Is there anything that makes it better than DRK and DRK's developer?

We're not competing with DRK.

Do your own research and go with whatever is best for you, just don't come back crying later when you have maxed out your credit cards to buy DRK and the bubble bursts right after that Wink

Is there anything in place or planned besides this N-factor component (dont a lot of coins have this now)? Just trying to look ahead and figure out if Vert's sure footing for the next wave.

The basics behind VTC is to keep ASICs away forever, if some manufacturer delivers a Scrypt-N adaptive ASIC then the devs will simply move to another algorythm. ASICs are easy to beat because a lot of research and investment has to be put to create one, so we can simply move on right after they release their ASIC and they will never reach ROI making ASICs for Vertcoin a lost cause.

sdersdf2

full member

Activity: 224

Merit: 100

Quote from: ymer on May 15, 2014, 10:24:00 AM

Quote from: sdersdf2 on May 15, 2014, 10:21:37 AM

Is there a TDLR summary on what's special about this coin? What sets it apart? Is there anything that makes it better than DRK and DRK's developer?

We're not competing with DRK.

Do your own research and go with whatever is best for you, just don't come back crying later when you have maxed out your credit cards to buy DRK and the bubble bursts right after that Wink

Is there anything in place or planned besides this N-factor component (dont a lot of coins have this now)? Just trying to look ahead and figure out if Vert's sure footing for the next wave.

ymer

sr. member

Activity: 308

Merit: 250

Quote from: sdersdf2 on May 15, 2014, 10:21:37 AM

Is there a TDLR summary on what's special about this coin? What sets it apart? Is there anything that makes it better than DRK and DRK's developer?

We're not competing with DRK.

Do your own research and go with whatever is best for you, just don't come back crying later when you have maxed out your credit cards to buy DRK and the bubble bursts right after that Wink

sdersdf2

full member

Activity: 224

Merit: 100

Is there a TDLR summary on what's special about this coin? What sets it apart? Is there anything that makes it better than DRK and DRK's developer?

ymer

sr. member

Activity: 308

Merit: 250

Quote from: ieatm3s on May 15, 2014, 09:58:02 AM

Guys, dont discard DRK just yet. They have a dedicated dev team that has delivered before. X11 is voulnrable to FPGAs though.

That's the problem, FPGAs are raping it and getting all the coins, that's why they are pumping DRK so hard.

The fall is going to be very hard and painful.

ieatm3s

full member

Activity: 168

Merit: 100

Guys, dont discard DRK just yet. They have a dedicated dev team that has delivered before. X11 is voulnrable to FPGAs though.

usao

legendary

Activity: 1109

Merit: 1000

Does anyone have a pre-compiled version of the Scrypt-N miner for Linux X64?
I just cannot get it compiled myself.

coinotron

legendary

Activity: 1182

Merit: 1000

www.coinotron.com

Vertcoin pool is available for mining!

Workers: 2.5% RBPPS

AlterMiner

newbie

Activity: 31

Merit: 0

Quote from: DearPassin46 on May 15, 2014, 08:52:50 AM

it will be dead soon.
They want to loose their money and invest into VTC. Thats how markets are working

batthurt detected Grin

DearPassin46

member

Activity: 80

Merit: 10

it will be dead soon.
They want to loose their money and invest into VTC. Thats how markets are working

klinmaining

member

Activity: 98

Merit: 10

GF 750 ti - 1700 Kh (1.7 Mh) Wink

in drk

dotnetmin

hero member

Activity: 756

Merit: 500

Quote from: ymer on May 15, 2014, 07:35:26 AM

Quote from: 9feet on May 15, 2014, 01:16:16 AM

Quote from: FNG on May 15, 2014, 12:17:38 AM

Quote from: ymer on May 15, 2014, 12:14:01 AM

Quote from: FNG on May 15, 2014, 12:09:00 AM

Big buyer has returned for more

Rally on Grin

It's so nice that DRK is taking the attention away from VTC at the moment, we will enjoy low difficulty and cheap coins while their bubble lasts.

Once DRK crashes and burns we'll be here waititng

VTC in BEAST MODE

http://www.youtube.com/watch?v=9vvuLAl99ec

As much as i beleive in vtc.
DRK is favored by miners due to low power consumption and low heat as well.
Summer time wont help vtc fast enough either.
Once DRK fpga miners are busted then we'll see vtc jumping again.

DRK isn't favored by miners... it's unprofitable even if you factor in the lower power consumption.

My fav. by mining was X11 because my dayly loss by mining DRK was lower than VTC because of powerconsumption.
Both i can buy 50% more than mine them so i shut down my miner for now.
Both seems to be undervalued in compare of mining/buying in my area but it lookslike there are still enough places you can
mine profitable and sell them immediatally.

Don´t discuss even DRK or VTC, go for both

ymer

sr. member

Activity: 308

Merit: 250

Quote from: AlexGR on May 15, 2014, 08:45:41 AM

Quote

DRK isn't favored by miners... it's unprofitable even if you factor in the lower power consumption.

It depends on how much one pays for electricity really. In Europe it can get pretty bad (>0.40$ / kwh).

Do the math and let me know.

DearPassin46

member

Activity: 80

Merit: 10

Summer time wont help vtc fast enough either.
Once DRK fpga miners are busted then we'll see vtc jumping again

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote

DRK isn't favored by miners... it's unprofitable even if you factor in the lower power consumption.

It depends on how much one pays for electricity really. In Europe it can get pretty bad (>0.40$ / kwh).

ymer

sr. member

Activity: 308

Merit: 250

Quote from: 9feet on May 15, 2014, 01:16:16 AM

Quote from: FNG on May 15, 2014, 12:17:38 AM

Quote from: ymer on May 15, 2014, 12:14:01 AM

Quote from: FNG on May 15, 2014, 12:09:00 AM

Big buyer has returned for more

Rally on Grin

It's so nice that DRK is taking the attention away from VTC at the moment, we will enjoy low difficulty and cheap coins while their bubble lasts.

Once DRK crashes and burns we'll be here waititng

VTC in BEAST MODE

http://www.youtube.com/watch?v=9vvuLAl99ec

As much as i beleive in vtc.
DRK is favored by miners due to low power consumption and low heat as well.
Summer time wont help vtc fast enough either.
Once DRK fpga miners are busted then we'll see vtc jumping again.

DRK isn't favored by miners... it's unprofitable even if you factor in the lower power consumption.

ozie

full member

Activity: 239

Merit: 103

Quote from: FNG on May 15, 2014, 04:08:55 AM

Quote from: djds on May 15, 2014, 03:45:26 AM

'Flower Technology products’ newly announced capability to mine Scrypt-N coins is revolutionary, though you may not have yet realized why. Scrypt-N coins, such as Vertcoin, were developed to counter the imminent influx of efficient ASICs miners to the Scrypt-based cryptocurrency market. Scrypt-N is a different algorithm than Scrypt, but our engineers have brilliantly tweaked our product to be able to mine either variety of coin. We are now able to offer our customers financial mitigation against the forthcoming flood of Scrypt-based coins to the market by offering the world’s first and only Scrypt-N ASIC miner, securing your Scrypt-N investment up to a difficulty of N=16384'

Time for Vert to change algo?

an ASIC that adapts and does a variety of stuff..right.

Adapting it to Scrypt-N will make it inefficient for Scrypt. Read not optimal and in-turn not as cost efficient as it could be.

Scam company

Flowertech really has no clue what they are talking about. Here is one of their earlier Press Releases showing that they dont even know that Darkcoin is not Scrypt:

Quote

Finally, we are thrilled to announce a huge milestone in both ASIC development and the Scrypt mining community. The Flower Technology ASIC is now capable of mining Scrypt-N in addition to Scrypt proof-of-work coins. This will future-proof your purchase for expanded mining options and increased versatility. Examples of Scrypt-based coins you can mine with our machines includes Litecoin, Dogecoin, Mastercoin, Darkcoin, Isracoin, Auroracoin, Feathercoin, while examples of Scrypt-N coins you can mine with our machines includes Vertcoin, execoin, GPUcoin, CaiShen and PANDA.

tprogex

member

Activity: 104

Merit: 10

I know what this 2 coins(VTC nad DRK) will lead in uptrand on comming months both has its advantages. As I'm against Dark activity not doing any illegal things and I like in internet build reputation and be transparent so for that reason I'm avoiding DRK and buying VTC. Also with same market cap VTC supports match more gpus than DRK and As I have GPu rigs by buying vrt I'm also supporting gpu mining (GPU 's can be used in huge other things like Neural networks protein folding and so and its more social than asics.)

tanil

full member

Activity: 136

Merit: 100

Quote from: AlterMiner on May 14, 2014, 06:25:26 PM

Quote from: MasterMined710 on May 14, 2014, 05:26:19 PM

i just sold the last of my vrt a few days ago and bought more drk. also sold half my anc and all my xpm and put it all into drk. thinking about selling half my ltc now and going dark.

why do you feel vrt is "much superior" to drk? anyone please...

Darkcoin:
1) Single developer
2) Closed source (code review for DarkSend is not exist)
3) Many versions of wallet and algorithm of max amount coins
4) Enough effective mining by CPU (hello botnets)
5) Initial orientation for illegal activity, and therefore, no chance of official recognition.
6) Unknown position single developer towards ASICs
Vertcoin:
1) Great team
2) Open source
3) Balanced policy of releases
4) Great community
5) Effective mining by GPU(goodbye botnets)
6) ASICs no pasaran ! Hardwork (new POW algorithm etc.)

I love it

pjr77

full member

Activity: 299

Merit: 100

Quote from: djds on May 15, 2014, 03:45:26 AM

'Flower Technology products’ newly announced capability to mine Scrypt-N coins is revolutionary, though you may not have yet realized why. Scrypt-N coins, such as Vertcoin, were developed to counter the imminent influx of efficient ASICs miners to the Scrypt-based cryptocurrency market. Scrypt-N is a different algorithm than Scrypt, but our engineers have brilliantly tweaked our product to be able to mine either variety of coin. We are now able to offer our customers financial mitigation against the forthcoming flood of Scrypt-based coins to the market by offering the world’s first and only Scrypt-N ASIC miner, securing your Scrypt-N investment up to a difficulty of N=16384'

Time for Vert to change algo?

That's old news and its BS . They cant build anything It is a SCAM company selling Vaporware !!!

Major manufacturers are not even delivering scrypt miners let alone New players delivering scrypt-N mining equipment LOL
http://www.coindesk.com/46k-spent-mining-hardware-happened-next/

Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 212. (Read 1232754 times)