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Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 355. (Read 1232773 times)

full member
Activity: 176
Merit: 100
Ain't no party like a Counterparty!

I think this is a mistake but it's not my career and money on the line. If anonymity is provided, I think this would clearly differentiate Vtc versus Btc, Ltc and Doge. As the overall adoption of crypto itself is less than 0.02% of population, I don't think one can conclusively say that Vtc adoption will not increase significantly if anonymity is provided.

I think many people either refuse or otherwise fail to admit to themselves that the health of digital currency as a whole is dictated by and will be dictated by (in the long run) by bitcoin. The adoption level is so far in that I've seen bitcoin references in some of the monday night tv shows that come on (like the show "Almost Human") and before any altcoin will ever be successful (and they are ALT coins) we will need to see the overall acceptance and MASS adoption of bitcoin. If the health of digital currency as a whole is actually depicted by the health of Bitcoin, we can then make the obvious conclusion that whatever is considered a downside to bitcoin (when it comes to society accepting bitcoin on a massive scale) will also be considered a downside to any other altcoin that tries to take the scene after bitcoin.

Right now the biggest downside to bitcoins mass adoption is the anonymity, yes the philosophy behind bitcoin is almost anarchistic...but things will have to change a little before bitcoin becomes truly massively adopted. Authorities are already prepared to make some serious regulations and enforcements if bitcoin turns out to be something too easily used by criminals, look at the hearing in New York, the goal organizations like the Bitcoin foundation are to help show that bitcoin is not necessarily something meant for criminals....In other words if an altcoin were to show itself to be BETTER at being used by criminals (like by implementing in it's code some form of function that made it's use even MORE anonymous than bitcoin) there would be some huge issues with adoption. Regardless of how many people want to be anonymous, do you think the world will accept Vertcoin if for example every government in the world came out and announced something like "Don't trust vertcoin, it is truly a currency for criminals, anyone we see dealing vertcoin will be seen as suspicious for criminal activity".

This is what the devs at vertcoin mean by saying governments will not stand by while we sit here and produce a coin ideal for criminal use. The goal here is to create a coin that is a competitor to Bitcoin, not the anti bitcoin...The moment Vertcoin becomes looked at as something bad or something that attracts "bad people", the coin will fail...
newbie
Activity: 31
Merit: 0
Lets talk about "official" as well, that word implies a sense of centralisation, the point of cryptos is decentralisation, control is in the hands of the community majority.

I understand where you're coming from here, and Vertcoin certainly isn't going to start getting officious or centralized, but if any project is going to have a direction to it, that requires that some people who work on it make some choices. You can't do everything by consensus, it just doesn't work - too much time gets spent discussing things and not enough action gets taken.

Also re the logo, it's just not possible to create something everyone will like - I personally really like it, but mainly, as someone said a way back in the thread, sometimes you have to keep the engineers away from the bullhorn; the new logo comes from a professional designer with a wealth of experience, so even if I didn't personally like it, I'd probably defer to his greater knowledge and experience - some things are just best left to people who are specialists.

As someone who works professionally in a creative industry, I fully understand the need for clear direction.

If you look at the comments on reddit re: the new logo. I can't see any positive professional opinion there.

It seems to me that people who don't have experience in design have made the decision to go ahead with this logo, no offence personally to the designer of that, but this looks like a draft, its not been through a review process by other design professionals.
jr. member
Activity: 36
Merit: 20
bought 11 vtc at .0033549btc, set up a sell order at .004.  It should be back up there soon.
hero member
Activity: 616
Merit: 500
I sent 10 VTC to cryptsy three hours ago , it dosnt show in my balance . what's issue ?

sometimes cryptsy just takes a while.  sometimes even up to 24 hours (and very rarely, sometimes longer).  don't worry, you will get your vtc.
full member
Activity: 178
Merit: 100
I sent 10 VTC to cryptsy three hours ago , it dosnt show in my balance . what's issue ?
sr. member
Activity: 406
Merit: 250
Someone's playing the VTC market at Cryptsy.
It has dropped down methodically by 14% over the last four hours and the buy orders always puts pressure on the sell orders.

Yea it's called "trading"

Just the market manipulators doing their thing.

They can only hold the coin back before so long though.
full member
Activity: 210
Merit: 100
Lets talk about "official" as well, that word implies a sense of centralisation, the point of cryptos is decentralisation, control is in the hands of the community majority.

I understand where you're coming from here, and Vertcoin certainly isn't going to start getting officious or centralized, but if any project is going to have a direction to it, that requires that some people who work on it make some choices. You can't do everything by consensus, it just doesn't work - too much time gets spent discussing things and not enough action gets taken.

Also re the logo, it's just not possible to create something everyone will like - I personally really like it, but mainly, as someone said a way back in the thread, sometimes you have to keep the engineers away from the bullhorn; the new logo comes from a professional designer with a wealth of experience, so even if I didn't personally like it, I'd probably defer to his greater knowledge and experience - some things are just best left to people who are specialists.
full member
Activity: 140
Merit: 100
In terms of widespread adoption, the distribution model used by auroracoin will beat current models, IMHO.
full member
Activity: 140
Merit: 100
In this msg it mentions zerocash. casp33r mentioned on the forum that the dev team is no longer considering implementing it and that Boris will be posting an update. I personally think this would be a mistake as it would make vert coin a "total package" coin. There are pros and cons, but in my opinion the pros outweigh the cons. But Im interested in hearing from the team why they decided not to pursue this.

Cheers in advance

Hi Torturo,

We decided against Zerocoin because after weighing up the pros and cons we felt there were substantial risks, both technical and social/political, but mainly the latter (technical hurdles can and will be overcome, I am sure, by other coins that take a different route).

Essentially, it comes down to this: There are very well resourced organizations (eg. governments) that will not stand idly by and permit the widespread adoption of anonymous and untraceable digital payment technology. You might say, you can't put the genie back in the bottle technology wise, but that ignores the obvious issue that if that technology becomes illegal, or the media spins the narrative to associate holding/using those coins with terrorism, paedophilia, fraud, money laundering and various other forms of criminality, there's no way those coins will see widespread adoption.

There will certainly be a choice for people who want anonymity and untraceability, other coins will provide that, but we feel that you can either aim for those features, or you can aim for widespread adoption - you can't have both, it won't be permitted to happen, and we don't have the resources to resist a concerted attack by governments. VTC is aiming for widespread adoption, and that means being acceptable to the mainstream.

Another aspect of that is, the mainstream doesn't really want privacy too much - if they did, they wouldn't sell their personal details to large corporations for a pittance through loyalty card programs etc. They would routinely encrypt their email etc. People don't do those things - the mainstream doesn't care enough. What you or I think personally doesn't really matter here - we're aiming for widespread adoption so we need to give people what they want, not what we think they should want.

So, with that said, what are we going to do? There are big privacy issues with cryptocurrencies as they are now, and we want to address them.

We already have one privacy related project underway (which will be in the first of our regular updates, to be released within the next week or two) and I'm sure others will come along. We intend to strengthen the ability to protect your legitimate desires for financial privacy, whilst maintaining transparency and accountability in the system.


I think this is a mistake but it's not my career and money on the line. If anonymity is provided, I think this would clearly differentiate Vtc versus Btc, Ltc and Doge. As the overall adoption of crypto itself is less than 0.02% of population, I don't think one can conclusively say that Vtc adoption will not increase significantly if anonymity is provided.
newbie
Activity: 7
Merit: 0
Is the logo need to be changed ? The new one would be more of context.
Really great job btw !  Wink

The "new" logo does not belong on something like this. Keep using the logo thats already on this graphic for now.

As a community we need to decide on a much better logo than the "new official" one, a number of people with professional experience in design have already commented on the problems with it (including myself). Most of the discussion about that is on reddit.

What??? I understand you don't like or agree with the new official logo, but it is the new official logo and it should be used everywhere. We need to unite and stand with a unified brand that has been laid out by the official developers and maintainers: http://vertcoinforum.com/gfx/Vertcoin_styleguide_rev_01.pdf

I've been here since the beginning, I want vertcoin to succeeded. That being said, I think this "official" logo is bad and will hurt vertcoin.

Lets talk about "official" as well, that word implies a sense of centralisation, the point of cryptos is decentralisation, control is in the hands of the community majority.
We should be consistent, though, don't you think?

Consistent, yes. But not to the point where one "official" person says something is good when its not and everyone else blindly follows.

I think the logo is fine, but if it's not, what do you think the logo should become? Can you make a draft?
newbie
Activity: 31
Merit: 0
Is the logo need to be changed ? The new one would be more of context.
Really great job btw !  Wink

The "new" logo does not belong on something like this. Keep using the logo thats already on this graphic for now.

As a community we need to decide on a much better logo than the "new official" one, a number of people with professional experience in design have already commented on the problems with it (including myself). Most of the discussion about that is on reddit.

What??? I understand you don't like or agree with the new official logo, but it is the new official logo and it should be used everywhere. We need to unite and stand with a unified brand that has been laid out by the official developers and maintainers: http://vertcoinforum.com/gfx/Vertcoin_styleguide_rev_01.pdf

I've been here since the beginning, I want vertcoin to succeeded. That being said, I think this "official" logo is bad and will hurt vertcoin.

Lets talk about "official" as well, that word implies a sense of centralisation, the point of cryptos is decentralisation, control is in the hands of the community majority.
We should be consistent, though, don't you think?

Consistent, yes. But not to the point where one "official" person says something is good when its not and everyone else blindly follows.
newbie
Activity: 7
Merit: 0
Is the logo need to be changed ? The new one would be more of context.
Really great job btw !  Wink

The "new" logo does not belong on something like this. Keep using the logo thats already on this graphic for now.

As a community we need to decide on a much better logo than the "new official" one, a number of people with professional experience in design have already commented on the problems with it (including myself). Most of the discussion about that is on reddit.

What??? I understand you don't like or agree with the new official logo, but it is the new official logo and it should be used everywhere. We need to unite and stand with a unified brand that has been laid out by the official developers and maintainers: http://vertcoinforum.com/gfx/Vertcoin_styleguide_rev_01.pdf

I've been here since the beginning, I want vertcoin to succeeded. That being said, I think this "official" logo is bad and will hurt vertcoin.

Lets talk about "official" as well, that word implies a sense of centralisation, the point of cryptos is decentralisation, control is in the hands of the community majority.
We should be consistent, though, don't you think?
full member
Activity: 224
Merit: 100
Never gonna make everyone happy. I think the new logo is quite nice, looks more professional imo.

Of course the logo is only one small part of what makes this coin great Smiley
member
Activity: 87
Merit: 10
The checkmark logo is nice for marketing and business aspects, but I like the V logo for the community.  I also still think that they're close enough, and that the name is unique enough that people will catch the drift. Smiley

On a side note, I've been pimping this all over the Panda forum for the past couple pages.  Smiley

newbie
Activity: 31
Merit: 0
Is the logo need to be changed ? The new one would be more of context.
Really great job btw !  Wink

The "new" logo does not belong on something like this. Keep using the logo thats already on this graphic for now.

As a community we need to decide on a much better logo than the "new official" one, a number of people with professional experience in design have already commented on the problems with it (including myself). Most of the discussion about that is on reddit.

What??? I understand you don't like or agree with the new official logo, but it is the new official logo and it should be used everywhere. We need to unite and stand with a unified brand that has been laid out by the official developers and maintainers: http://vertcoinforum.com/gfx/Vertcoin_styleguide_rev_01.pdf

I've been here since the beginning, I want vertcoin to succeeded. That being said, I think this "official" logo is bad and will hurt vertcoin.

Lets talk about "official" as well, that word implies a sense of centralisation, the point of cryptos is decentralisation, control is in the hands of the community majority.
full member
Activity: 154
Merit: 100
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member
Activity: 91
Merit: 10
Stop the potato genocide!
full member
Activity: 122
Merit: 100
please for the love of god someone help me set up this cards to run 7950 sapphire and r9 270x asus on windows 7 64 bit on 8 gb ram please someone help i have wallet downloaded and synced and got vertminer got me nowhere i will pay you $25 i have posted several times if the issue is you dont want dollars i can pay in bitcoin i have a total of 0.02148 bitcoin lol or i can pay in dogecoins but someone please just help me get set up i see diff going up dont want to join when its a like 5,000 " sarcasm lol " I HOPE  Shocked  i also got teamviewer so we can do this

IF anyone wants to donate some coin my way out of pitty feel free my vtc wallet looks sad with no design and all 0's

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https://bitcointalksearch.org/topic/the-big-vtc-vertcoin-settings-thread-416572
legendary
Activity: 1848
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Next-Gen Trade Racing Metaverse
member
Activity: 91
Merit: 10
Stop the potato genocide!
Someone's playing the VTC market at Cryptsy.
It has dropped down methodically by 14% over the last four hours and the buy orders always puts pressure on the sell orders.

Yea it's called "trading"
Don't be a smartass.
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