Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 617. (Read 1232701 times)
January 25, 2014, 02:33:34 AM
anyone know how i can buy some vertcoins? ty.
January 25, 2014, 01:57:59 AM
So, if I correctly understood last news - after update of coin i need to update miner and wallet (And mine on updated pool), all coins that already in my wallet i can use after update on new wallet?
January 25, 2014, 01:54:05 AM
Just added my vote for VTC at CoinEX. There have been a lot of requests for it, so keep the votes coming!
January 25, 2014, 01:21:24 AM
I run one morning but all share were rejected with message ex. : Reject 01f87824 Diff 130/32 Block! AMU 21 < Share is above target >
Did I have configured wrong ?
Please help me
Did I have configured wrong ?
Please help me
You're using incorrect hardware. You need to go invent a new ASIC or use a CPU or GPU.
January 25, 2014, 01:19:05 AM
I run one morning but all share were rejected with message ex. : Reject 01f87824 Diff 130/32 Block! AMU 21 < Share is above target >
Did I have configured wrong ?
Please help me
Did I have configured wrong ?
Please help me
January 25, 2014, 01:13:30 AM
I run one morning but all share were rejected with message ex. : Reject 01f87824 Diff 130/32 Block! AMU 21 < Share is above target >
Did I have configured wrong ?
Please help me
Did I have configured wrong ?
Please help me
January 25, 2014, 01:12:45 AM
i mine with ASIC but all share is reject , how to fix ?
you can go dig super doge coin.
wow?
January 25, 2014, 01:06:18 AM
i mine with ASIC but all share is reject , how to fix ?
I can't tell if serious or....
January 25, 2014, 12:40:04 AM
i mine with ASIC but all share is reject , how to fix ?
January 25, 2014, 12:29:24 AM
IMPORTANT NEWS
Big things have been happening behind the scenes in the Vertcoin developer IRC channel, and we are now at a point of being able to tell you all what's been going on.
There has been feedback from users on 2 points that we wanted to address and respond to.
1. The N-Factor schedule, which some people feel is too aggressive and might unfairly squeeze out older GPUs in future as N-factor increases.
2. The difficulty adjustment algorithm, with 3.5 day difficulty retargeting, which users felt (myself included) could be vulnerable to leaving us stranded at high difficulty if a multipool merges the VTC mining patches into a mining client, then leaves the network after a period of high profitability, greatly decreasing hashrate and leaving Vertcoin stranded with long block times, leaving the core VTC miners to mine through a long unprofitable period to get back to 2.5 minute blocks.
We have been testing and validating, and we're now ready to make 2 major changes:
1. Difficulty adjustment will now use the Kimoto Gravity Well, which retargets every block and copes extremely well with periods of hashrate volatility. The KGW is production proven in Megacoin, Anoncoin, RonPaulCoin and others - it is the best of the best, and we're going to see it in VTC soon. (See the poll linked below for a link to a good explanation of what the KGW is/does).
2. N-factor changes will occur on a schedule somewhere between every 18 months and 2-years.
We'd like you all to help us decide:
1. Exactly what N-factor schedule should be used
2. How long we should wait to fork to KGW difficulty adjustment.
Please participate in the two polls linked below:
KGW implementation date poll: https://bitcointalksearch.org/topic/vtc-vertcoin-how-long-until-we-fork-to-kimotos-gravity-well-431104
N-Factor scheduling poll: https://bitcointalksearch.org/topic/poll-vtc-vertcoin-n-factor-scheduling-431092
January 24, 2014, 11:29:21 PM
I'm pretty sure the 2016 block adjustment + extremely low difficulty setting was ONLY chosen so that the dev (and whoever was there on the first day) could make a killing in number of coins minted. You guys are aware that almost 10.000 blocks or 500.000 VTC and hence about HALF of all coins in existence were mined on the first day because of these "unfortunate" and "accidental" settings? http://explorer.vertcoin.org/chain/Vertcoin?hi=9499&count=500
In other words, about 17 days worth of coin creation happened within 15h. This would have not been possible if VTC had a fast difficulty adjustment. So I think this setting was intentional at the beginning. But it can/should be changed now.
In other words, about 17 days worth of coin creation happened within 15h. This would have not been possible if VTC had a fast difficulty adjustment. So I think this setting was intentional at the beginning. But it can/should be changed now.
Eh. Wrong!! to bad your too late for the party, but I found out about this coins a days or so after it came out.
It was on 1 difficulty for like 4 days. Anyone could have grabbed some serious coins those first few days. I did pretty good seeing as I have only have one GPU.
Care to substantiate your claim?
And by serious coin you surely mean 1000-5000 coins, but nothing like the 500.000 that were handed over in the first 15h. Just look at the block explorer link I've posted - difficulty started at <0.000x and was still <=0.038 after 15h.
I don't really mind if the dev gets some easy coin as an incentive for his work - work that hopefully occurs in the past and future. I hold some coin as well. What I dislike is the dishonesty saying that it was "not" premined at all. A low difficulty at the beginning is similar to a premine, so vertcoin has an effective premine of at least 0.5%. We should be at block ~8000 but we are at ~23000.
It's not similar to a premine at all. Anyone watching this forum could have jumped on mining Vertcoin when it was launched Jan 11th. A premine locks out anyone other than the devs and whoever else he gives the wallet to.
This coin is the opposite of any kind of a premine,
It was announced days in advance, Launched fairly with ANN post bumps, I showed up a couple hours late to the party and the competition was FIERCE, with 2 fast desktop CPU's and 4 cloud servers I only mined 300 coins in the first day and a half.
After that I was even half a day late to the GPU party and I put my GPU's on that and that is where the majority of my coins came from.
I have amassed more VTC than most have just by being a casual miner who has been aggressive about sticking with it.
I wasn't even close to being first out of the gate.
January 24, 2014, 11:07:19 PM
VTC - MINE AND HOLD !
Love your sig!
Come and mine at vtcpool.co.uk
https://vtcpool.co.uk/
- https security
- vardiff
- PPLNS payouts
- Great support
Come join us
https://vtcpool.co.uk/
- https security
- vardiff
- PPLNS payouts
- Great support
Come join us
January 24, 2014, 10:56:46 PM
I'm pretty sure the 2016 block adjustment + extremely low difficulty setting was ONLY chosen so that the dev (and whoever was there on the first day) could make a killing in number of coins minted. You guys are aware that almost 10.000 blocks or 500.000 VTC and hence about HALF of all coins in existence were mined on the first day because of these "unfortunate" and "accidental" settings? http://explorer.vertcoin.org/chain/Vertcoin?hi=9499&count=500
In other words, about 17 days worth of coin creation happened within 15h. This would have not been possible if VTC had a fast difficulty adjustment. So I think this setting was intentional at the beginning. But it can/should be changed now.
In other words, about 17 days worth of coin creation happened within 15h. This would have not been possible if VTC had a fast difficulty adjustment. So I think this setting was intentional at the beginning. But it can/should be changed now.
Eh. Wrong!! to bad your too late for the party, but I found out about this coins a days or so after it came out.
It was on 1 difficulty for like 4 days. Anyone could have grabbed some serious coins those first few days. I did pretty good seeing as I have only have one GPU.
Care to substantiate your claim?
And by serious coin you surely mean 1000-5000 coins, but nothing like the 500.000 that were handed over in the first 15h. Just look at the block explorer link I've posted - difficulty started at <0.000x and was still <=0.038 after 15h.
I don't really mind if the dev gets some easy coin as an incentive for his work - work that hopefully occurs in the past and future. I hold some coin as well. What I dislike is the dishonesty saying that it was "not" premined at all. A low difficulty at the beginning is similar to a premine, so vertcoin has an effective premine of at least 0.5%. We should be at block ~8000 but we are at ~23000.
It's not similar to a premine at all. Anyone watching this forum could have jumped on mining Vertcoin when it was launched Jan 11th. A premine locks out anyone other than the devs and whoever else he gives the wallet to.
If people really want a fair game, the difficulty may be fixed or decrease when the hashrate increase.
January 24, 2014, 10:45:15 PM
Remember to keep asking at https://bitcointalksearch.org/topic/poll-next-cryptocurrency-candidates-for-coinex-291647 if you want to trade VTC at Coinex.pw
January 24, 2014, 10:30:32 PM
I'm pretty sure the 2016 block adjustment + extremely low difficulty setting was ONLY chosen so that the dev (and whoever was there on the first day) could make a killing in number of coins minted. You guys are aware that almost 10.000 blocks or 500.000 VTC and hence about HALF of all coins in existence were mined on the first day because of these "unfortunate" and "accidental" settings? http://explorer.vertcoin.org/chain/Vertcoin?hi=9499&count=500
In other words, about 17 days worth of coin creation happened within 15h. This would have not been possible if VTC had a fast difficulty adjustment. So I think this setting was intentional at the beginning. But it can/should be changed now.
In other words, about 17 days worth of coin creation happened within 15h. This would have not been possible if VTC had a fast difficulty adjustment. So I think this setting was intentional at the beginning. But it can/should be changed now.
Eh. Wrong!! to bad your too late for the party, but I found out about this coins a days or so after it came out.
It was on 1 difficulty for like 4 days. Anyone could have grabbed some serious coins those first few days. I did pretty good seeing as I have only have one GPU.
Care to substantiate your claim?
And by serious coin you surely mean 1000-5000 coins, but nothing like the 500.000 that were handed over in the first 15h. Just look at the block explorer link I've posted - difficulty started at <0.000x and was still <=0.038 after 15h.
I don't really mind if the dev gets some easy coin as an incentive for his work - work that hopefully occurs in the past and future. I hold some coin as well. What I dislike is the dishonesty saying that it was "not" premined at all. A low difficulty at the beginning is similar to a premine, so vertcoin has an effective premine of at least 0.5%. We should be at block ~8000 but we are at ~23000.
It's not similar to a premine at all. Anyone watching this forum could have jumped on mining Vertcoin when it was launched Jan 11th. A premine locks out anyone other than the devs and whoever else he gives the wallet to.
January 24, 2014, 10:16:33 PM
January 24, 2014, 10:14:24 PM
whatever you are going to change, do it now, and be done with it. Seriously, no faster way to reduce credibility than start hosting public discussions on how to proceed. Especially voting for god's sake. Whose expertise am I putting my money into here?
Fix it ASAP and then leave it alone.
looks like a good thing to me.
January 24, 2014, 10:05:16 PM
whatever you are going to change, do it now, and be done with it. Seriously, no faster way to reduce credibility than start hosting public discussions on how to proceed. Especially voting for god's sake. Whose expertise am I putting my money into here?
Fix it ASAP and then leave it alone.
looks like a good thing to me.
January 24, 2014, 10:00:26 PM
whatever you are going to change, do it now, and be done with it. Seriously, no faster way to reduce credibility than start hosting public discussions on how to proceed. Especially voting for god's sake. Whose expertise am I putting my money into here?
Fix it ASAP and then leave it alone.
I dont think asking "public" how to upgrade coin is bad at all. I like it.
It also shows me devs are behind this coin and that it is good and live project..
And that KGW is really great.. slow diff was actually only think that bothered me bit about this coin..
January 24, 2014, 09:38:57 PM
To make the point, I voted on both polls. Yet I know fuck all about gravity wells and n factors. Instead of that, get in touch with fellow über geek gurus in private and come up with the right solutions.
Aside from polling morons like me for the detriment of collective input, you are also speeding along the thought process of every would be and soon to be vert clone in the pipeline, decreasing your head start by N. That N I know about...
I do appreciate the open source mentality around all of this but remember you are creating money and money is a very particular sort of commodity. Confidence is paramount.
Especially since it's my money now.
. Your feedback is appreciated, and I understand your points. We wanted to involve everyone here, but rest assured - the potential ranges for the 2 polls (how long from wallet release to fork, and how fast to change N-factor) have been carefully thought about before we ever asked the questions - the extremes of the ranges we're polling are still entirely reasonable values for these decisions, and have been carefully thought about and discussed at length by the "über geek gurus" in private.
No decision will be made by majority, we will consider the poll results but might go against them. Ultimately, we will make sound decisions in private based on what is technically sound, and what protects your investment most strongly.
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