Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 343.

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: gonzzo on February 26, 2014, 09:59:36 AM

Quote from: silencesilence on February 26, 2014, 09:51:01 AM

Quote from: deky_ on February 26, 2014, 09:45:56 AM

Quote from: silencesilence on February 26, 2014, 09:03:39 AM

I think I'll invest a specific amount in VERTCOIN
Can you explain exactly how VERTCOIN is being protected from coming ASIC Huh

?

Read the first page, there is more info on it

Of course I read it
my question is ASIC machines with 10 MH/s at LTC
mining VERTCOIN with 5 MH/s Huh

?
or will not be able mining VERTCOIN?

all infos in op or on the website:
From: http://vertcoin.org/Vertcoin-DavidMuller.pdf
Scrypt was utilized by Litecoin to try and deter ASIC use because large memory requirements are the
best way to try and make ASIC financially unfeasible. Litecoin held out for a while, but the original
memory requirements in the barebone litecoin distribution were just not high enough to lock out ASIC
completely.
Vertcoin has now been released as the logical evolution of Litecoin and introduces what's known as
"Adaptive N‐Factor". The N‐factor component of Scrypt determines how much memory is required to
compute the hashing functions. Vertcoin N‐factor increases with time to stay one step ahead of any
possible ASIC development.
search -> find -> read

this does not answer my question ...
whether it will be possible the new ASIC machines mining VERTCOIN

even with low values .... and how can we be sure that this will not happen as yet not available ASIC machines on the market

gonzzo

full member

Activity: 140

Merit: 100

Quote from: silencesilence on February 26, 2014, 09:51:01 AM

Quote from: deky_ on February 26, 2014, 09:45:56 AM

Quote from: silencesilence on February 26, 2014, 09:03:39 AM

I think I'll invest a specific amount in VERTCOIN
Can you explain exactly how VERTCOIN is being protected from coming ASIC Huh

?

Read the first page, there is more info on it

Of course I read it

my question is ASIC machines with 10 MH/s at LTC
mining VERTCOIN with 5 MH/s Huh

?

or will not be able mining VERTCOIN?

all infos in op or on the website:
From: http://vertcoin.org/Vertcoin-DavidMuller.pdf

Scrypt was utilized by Litecoin to try and deter ASIC use because large memory requirements are the
best way to try and make ASIC financially unfeasible. Litecoin held out for a while, but the original
memory requirements in the barebone litecoin distribution were just not high enough to lock out ASIC
completely.

Vertcoin has now been released as the logical evolution of Litecoin and introduces what's known as
"Adaptive N‐Factor". The N‐factor component of Scrypt determines how much memory is required to
compute the hashing functions. Vertcoin N‐factor increases with time to stay one step ahead of any
possible ASIC development.

search -> find -> read

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: deky_ on February 26, 2014, 09:45:56 AM

Quote from: silencesilence on February 26, 2014, 09:03:39 AM

I think I'll invest a specific amount in VERTCOIN
Can you explain exactly how VERTCOIN is being protected from coming ASIC Huh

?

Read the first page, there is more info on it

Of course I read it

my question is ASIC machines with 10 MH/s at LTC
mining VERTCOIN with 5 MH/s Huh

?

or will not be able mining VERTCOIN?

deky_

full member

Activity: 182

Merit: 100

Quote from: silencesilence on February 26, 2014, 09:03:39 AM

I think I'll invest a specific amount in VERTCOIN

Can you explain exactly how VERTCOIN is being protected from coming ASIC Huh

?

Read the first page, there is more info on it

silencesilence

legendary

Activity: 1120

Merit: 1000

I think I'll invest a specific amount in VERTCOIN

Can you explain exactly how VERTCOIN is being protected from coming ASIC Huh

?

Hannilein

newbie

Activity: 35

Merit: 0

Quote from: deky_ on February 26, 2014, 08:16:10 AM

Quote from: Pelok66 on February 26, 2014, 02:58:08 AM

http://vertcoinmarket.com/campaigns/vertcoin-at-the-cryptocurrency-convention-in-nyc/

34% !

Great progress guys! Round 2 for me, just sent a few more!

What will happen when the funding limit is not reached?
Will someone from the dev team go to the convention in any case and just pay the rest by himself or will the coins be given back?

deky_

full member

Activity: 182

Merit: 100

Quote from: Pelok66 on February 26, 2014, 02:58:08 AM

http://vertcoinmarket.com/campaigns/vertcoin-at-the-cryptocurrency-convention-in-nyc/

34% !

Great progress guys! Round 2 for me, just sent a few more!

deky_

full member

Activity: 182

Merit: 100

Quote from: agrs on February 26, 2014, 02:42:15 AM

gogogo http://www.allcrypt.com/beta/voting.php

Done!

gonzzo

full member

Activity: 140

Merit: 100

Quote from: XTR on February 26, 2014, 04:08:56 AM

Hey guys,

I'm actually looking to get a few logos made for a little business I'm running. I'm really not to sure of the process of asking someone to make me a logo if they provide watermarked samples before the finished product or whatnot but I'm willing to pay 40 VTC for a professional job and 10+ variations for multiple purposes. If anyone is interested feel free to PM me.

Hey send a pm to lukemax:
https://bitcointalksearch.org/user/lukemax-246585

he made some nice logos for our company website, maybe he can help you.

ocminer

legendary

Activity: 2688

Merit: 1240

https://vert.suprnova.cc

Still looking for miners, we're giving away 5 VTC per Block Finder as a Bonus !

We have no fees, very low withdrawal fees, Stratum, Vardiff and everything you need.

Look at our "Getting Started" page to get into mining.

https://vert.suprnova.cc

XTR

newbie

Activity: 38

Merit: 0

Hey guys,

I'm actually looking to get a few logos made for a little business I'm running. I'm really not to sure of the process of asking someone to make me a logo if they provide watermarked samples before the finished product or whatnot but I'm willing to pay 40 VTC for a professional job and 10+ variations for multiple purposes. If anyone is interested feel free to PM me.

Pelok66

newbie

Activity: 23

Merit: 0

http://vertcoinmarket.com/campaigns/vertcoin-at-the-cryptocurrency-convention-in-nyc/

34% !

agrs

hero member

Activity: 896

Merit: 507

gogogo http://www.allcrypt.com/beta/voting.php

mechanikalk

member

Activity: 99

Merit: 91

Quote from: sammart57 on February 25, 2014, 11:13:38 PM

Devs have been pretty silent these last few days, hopefully working on big things

Something interesting to note, even though the price has bounced around between $1.50-$2.00
just on cryptsy alone vert still has the 5th most btc volume of the 130+ alts they trade..

1. doge 2k+ btc volume
2.litecoin 392 btc
3. mint 271 btc
4.protoshares 134 btc
5 vtc 127 btc.. so at todays rates, on cryptsy alone roughly $70,000 is changing hands in vert/day
while not as high as we'd all like to see, its still a fair amount of trading going on

next closest is quark at 100 btc
and maxcoin at 92

after those it goes down significantly, into the 60's and below for the "lesser" coins

In addition to volume, I think it is also very important to look at liquidity. This is going to be based on the number of exchanges that trade VTC, the number of currencies that can be traded for VTC, and the total book orders. Taking this into account I think VTC should easily be in the top 10 in terms of total market cap in very short order.

BorisTheSpider

full member

Activity: 210

Merit: 100

Quote from: sammart57 on February 25, 2014, 11:13:38 PM

Devs have been pretty silent these last few days, hopefully working on big things

Yes sorry for my lack of activity round here the last couple of days, there's still a lot going on behind the scenes (which is actually why I haven't been around so much here) - we'll be opening up a public project-management board soon so everyone can see what we're working on easily.

Volumes look pretty healthy - what with the MtGox disaster, this is a good time to be mining - the volatility in cryptos is pretty nice when you have a longer-term view of the value of what you are mining.

sammart57

member

Activity: 112

Merit: 10

Devs have been pretty silent these last few days, hopefully working on big things

Something interesting to note, even though the price has bounced around between $1.50-$2.00
just on cryptsy alone vert still has the 5th most btc volume of the 130+ alts they trade..

1. doge 2k+ btc volume
2.litecoin 392 btc
3. mint 271 btc
4.protoshares 134 btc
5 vtc 127 btc.. so at todays rates, on cryptsy alone roughly $70,000 is changing hands in vert/day
while not as high as we'd all like to see, its still a fair amount of trading going on

next closest is quark at 100 btc
and maxcoin at 92

after those it goes down significantly, into the 60's and below for the "lesser" coins

sarwal

newbie

Activity: 1

Merit: 0

Is it Good to join new small Pool or Some big pool. My Point is Bigger pool is finding block faster because of hash rate but pay ultimately will be same if small pool will find block or big pool. I mean when it comes to distributing shares, everyone end up with same amount as small pool or large pool.

I just opened a pool name as DAMNPOOL.com just few days back. It has everything few of biggest pools are offering. Powerful dedicated servers, SSD drives, DDOS resistant, and for Corporate users or for students who can't mine at port 3333 (mineable at port 8080). It is created with the help of friend and will be friendly pool.

So Join DAMNPOOL.com and make it DAMN COOL

STT

legendary

Activity: 4102

Merit: 1454

Quote from: socialmaker on February 25, 2014, 03:55:16 PM

36 BTC Buy Wall for 2966 at Poloniex (12166 VTC) Mother of Jesus Lamb Fish

All that BTC must have been where the mtgox funds went to. I do wonder on the advantages each altcoin including vtc might have over btc or not, maybe one is the sucessor to the throne

spikers

member

Activity: 79

Merit: 10

MINING POOL VTCWEB.POOLZ.NET IS FINDING LOTS OF BLOCKS!!!
Powerful 16-core 32 Gb physical (not virtual) servers
Gigabit Connection and SSD drives
High Efficiency
STABLE AND DDoS PROTECTED

LeFiste

full member

Activity: 157

Merit: 100

http://www.mintpal.com/voting

don't forget to vote for VERT...you have 6 votes every hour!

Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 343. (Read 1232738 times)