I'll have to agree with the people calling for a faster difficulty retarget, it's the one thing this coin needs fixed to be a bulls-eye in my book. Also a hardfork at this stage is better than a hardfork when we're at 3 exchanges with 16 times the current volume and hashrate.
While saying that, I'm still fully behind this coin and believe it has a bright future ahead of it. Especially once the ASICs become more widespread.
Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 624. (Read 1232701 times)
January 23, 2014, 08:15:13 AM
January 23, 2014, 07:10:43 AM
Vertcoin has a good promise that is to render asic miner useless.
I hope the devs keep on that promise and make it a GPU mineable coin forever.
No to ASIC miner and No to CPU-miner.
Long live GPU mining.
I hope the devs keep on that promise and make it a GPU mineable coin forever.
No to ASIC miner and No to CPU-miner.
Long live GPU mining.
January 23, 2014, 05:46:35 AM
i'd like to address a possible issue.
looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech
in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.
ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.
start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....
looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech
in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.
ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.
start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....
Well said, I think 2 years from now, ATI and Nvidia will come up with the new GPU cards with higher memory.
January 23, 2014, 05:46:25 AM
Tried, good, just not ready for prime time. Needs faster diff retarget, increased coin cap and block reward. Good mining guide would help too.
Waiting for the clones
Waiting for the clones
Haha, why do you think so? Vert coin is gaining popularity.. slowly, but steadily..
What else can we want? Its no some scam hype pump and dump coin... in month there will be 100x more people into this coin.. the are just lazy and happy with doge mining, but once they realize its just another scrypt coin and that value lies somewhere else, everyone with brain will switch to vert coin..
January 23, 2014, 05:19:06 AM
Tried, good, just not ready for prime time. Needs faster diff retarget, increased coin cap and block reward. Good mining guide would help too.
Waiting for the clones
Waiting for the clones
January 23, 2014, 04:54:53 AM
i'd like to address a possible issue.
looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech
in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.
ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.
start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....
looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech
in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.
ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.
start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....
I think N should be also related to or proportional to the difficulty or something else, but do not adjust it artificially such as by hands or according to the timestamps. Too large N kills every hardware.
6990 and r9 290 have the same size of memory, they will be killed at the same large N=8192.
January 23, 2014, 04:41:18 AM
i'd like to address a possible issue.
looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech
in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.
ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.
start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....
looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech
in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.
ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.
start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....
January 23, 2014, 04:24:55 AM
ok thanks, but 50 coins per block, 24 blocks per hour, 24 hrs/day, launched 13 days ago... means 374400 coins
so the constat increase in hash rate made the "time per block" 50 seconds on average, instead of 150...
ok got it.
well, interesting, so the word is spreading fast
so the constat increase in hash rate made the "time per block" 50 seconds on average, instead of 150...
ok got it.
well, interesting, so the word is spreading fast
January 23, 2014, 04:21:20 AM
Oh get rid of this pathetic green color please.
Is the logo too bad from your opinion ?
Yes, green can look better, just different shade. Also down arrow = dump.
Marketing does not matter for Vertcoin. Vertcoin is based on stable and innovative inner design. All fancy graphics coins got dumped and forgotten... Vertcoin does not give a
This is not wise. Can't this coin get both?
January 23, 2014, 04:20:25 AM
Such long difficulty adjustment time is horrible. Multipools will kill it, but not today and not tomorrow, because multipools mining just plain old scrypt. We have a little time.
I would like to see alternate coin with this algo and faster diff adjustment time. Please someone PM me with estimate launch date
This coin is an awesome one, really, but have something to improve.
Is this 0.3 USD price real?
VxyRQWAzxWPWhvqYhEUCTSBVJQ2GtDJza8
I would like to see alternate coin with this algo and faster diff adjustment time. Please someone PM me with estimate launch date
This coin is an awesome one, really, but have something to improve.
Is this 0.3 USD price real?
VxyRQWAzxWPWhvqYhEUCTSBVJQ2GtDJza8
January 23, 2014, 04:18:35 AM
Oh get rid of this pathetic green color please.
Is the logo too bad from your opinion ?
Yes, green can look better, just different shade. Also down arrow = dump.
Marketing does not matter for Vertcoin. Vertcoin is based on stable and innovative inner design. All fancy graphics coins got dumped and forgotten... Vertcoin does not give a
January 23, 2014, 04:13:14 AM
Oh get rid of this pathetic green color please.
Is the logo too bad from your opinion ?
Yes, green can look better, just different shade. Also down arrow = dump.
January 23, 2014, 03:43:58 AM
just one question, the total number of coins listed on coinmarketcap is correct? i did some simple math and looks like it's almost double what it should be.
It is pulled directly from one of the Vertcoin block explorers. http://explorer.vertcoin.org/chains
January 23, 2014, 03:37:07 AM
Is this coin a clon of microcoin?
January 23, 2014, 03:30:02 AM
I honestly hope it takes a few weeks to get to crytpsy.. I want more time to mine at a lower diff 
Yes, I don't get why everyone is in such a hurry to get every coin listed.
I'm not against having it listed somewhere.. This coin seemed like it was dying a slow death at one point, and the listing on coinedup really increased interest in it at just the right time. But I'd prefer to keep it on the DL and let interest build gradually, because with the 3.5 day retarget time we might see a catcoin-style execution where a bunch of people mine the shit out of it, then when the difficulty goes up everyone jumps ship, leaving the coin to sit at 40 minute blocks for weeks on end.
This is also what I worried about.
THIS! Will hapeen for sure to every new coin that has long retarget time..Look at klondike for instance, same issue but devs implemented Kimoto Gravity well and it fixed the problem. To be honest, this coin has no chance to survive if diff retarget won't change to 1-10block.
Thank you for your suggestion, but Vertcoin is not a scrypt-clone coins that easily allows multipools targeting for mining. Btw, we think KGW is a good idea. If we want to implement the algorithm, absolutely our main point is not for preventing multipools. We just want to make it fair for every miners.
I was not talking about multipools. 300-600Mh/s coming and going and diff retarget can go from 3,5days to 1-1,5 week. You can quote me on that
I'm using CGwatcher, so jumping to another coin is just pressing START/STOP button (so I have different cgminer,config file etc. for each coin that I mine). So really, this doesn't make my life more difficult, just needed to find right settings before 1st mining session and I'm good to go.
January 23, 2014, 03:21:10 AM
I just would like to say I have a strong feeling for this coin.
One day people will be forced to join gpu-minable asic-resistant coins, there are so many gpu rigs out there.
you had the balls to launch the coin and the environment around it, please take care and do the next steps carefully (community, exchanges etc), and who truly believes in this coin will be rewarded.
just one question, the total number of coins listed on coinmarketcap is correct? i did some simple math and looks like it's almost double what it should be.
One day people will be forced to join gpu-minable asic-resistant coins, there are so many gpu rigs out there.
you had the balls to launch the coin and the environment around it, please take care and do the next steps carefully (community, exchanges etc), and who truly believes in this coin will be rewarded.
just one question, the total number of coins listed on coinmarketcap is correct? i did some simple math and looks like it's almost double what it should be.
January 23, 2014, 02:54:26 AM
I honestly hope it takes a few weeks to get to crytpsy.. I want more time to mine at a lower diff
Yes, I don't get why everyone is in such a hurry to get every coin listed.
I'm not against having it listed somewhere.. This coin seemed like it was dying a slow death at one point, and the listing on coinedup really increased interest in it at just the right time. But I'd prefer to keep it on the DL and let interest build gradually, because with the 3.5 day retarget time we might see a catcoin-style execution where a bunch of people mine the shit out of it, then when the difficulty goes up everyone jumps ship, leaving the coin to sit at 40 minute blocks for weeks on end.
This is also what I worried about.
THIS! Will hapeen for sure to every new coin that has long retarget time..Look at klondike for instance, same issue but devs implemented Kimoto Gravity well and it fixed the problem. To be honest, this coin has no chance to survive if diff retarget won't change to 1-10block.
Thank you for your suggestion, but Vertcoin is not a scrypt-clone coins that easily allows multipools targeting for mining. Btw, we think KGW is a good idea. If we want to implement the algorithm, absolutely our main point is not for preventing multipools. We just want to make it fair for every miners.
January 23, 2014, 02:43:12 AM
I honestly hope it takes a few weeks to get to crytpsy.. I want more time to mine at a lower diff
Yes, I don't get why everyone is in such a hurry to get every coin listed.
I'm not against having it listed somewhere.. This coin seemed like it was dying a slow death at one point, and the listing on coinedup really increased interest in it at just the right time. But I'd prefer to keep it on the DL and let interest build gradually, because with the 3.5 day retarget time we might see a catcoin-style execution where a bunch of people mine the shit out of it, then when the difficulty goes up everyone jumps ship, leaving the coin to sit at 40 minute blocks for weeks on end.
This is also what I worried about.
THIS! Will hapeen for sure to every new coin that has long retarget time..Look at klondike for instance, same issue but devs implemented Kimoto Gravity well and it fixed the problem. To be honest, this coin has no chance to survive if diff retarget won't change to 1-10block.
January 23, 2014, 01:36:38 AM
Hey can you explain coinedup?
As far as I can tell the only deposit option is bitcoin, and the only withdraw option is also bitcoin. If this is so, where do the altcoins find their way into the exchange to be traded with bitcoin?
Most importantly, if I want to trade bitcoin for say vtc, and withdraw my vtc back into myt own wallet and not leave it parked at this sketchy free exchange, how do I do that???
Thanks!
Are you logged into CoinedUp? If you are, click the wallet tab on top and it will bring you to a page of tabs for all of the coins that are traded there. Click on the coin you want to deposit and your deposit address will show up. I have been using CoinedUp for over a month with no issues.
January 23, 2014, 01:26:12 AM
In case anyone is having trouble connecting (someone asked earlier today), here is the list of nodes that connected to me, merged with the list from the OP. Only one was a duplicate. I stripped off the port numbers, as they were from incoming connections or else were the default (:5889). Also the man page says addnode takes an IP address, with no mention of port.
(netstat -an | grep :5889 | grep -v LISTEN | tr -s ' ' \\t | cut --field=5; cat vertcoin-nodelist | sed 's/addnode=//') | sort -t. -u --key=1,1n --key 2,2n --key 3,3n --key 4,4n | sed 's/^/addnode=/; s/:.*//' > vertcoin-nodelist2
addnode=5.135.159.128
addnode=23.19.26.138
addnode=23.83.200.170
addnode=23.106.56.18
addnode=23.107.61.194
addnode=23.110.213.50
addnode=24.18.104.42
addnode=27.13.74.181
addnode=27.38.71.233
addnode=27.155.245.129
addnode=31.135.187.9
addnode=37.110.152.207
addnode=37.146.236.140
addnode=50.17.89.200
addnode=50.19.51.19
addnode=50.53.63.29
addnode=50.73.215.89
addnode=50.168.24.69
addnode=50.190.0.70
addnode=54.194.7.98
addnode=54.196.183.56
addnode=54.197.3.73
addnode=54.197.76.193
addnode=54.197.77.13
addnode=54.197.126.5
addnode=54.201.240.25
addnode=54.201.249.125
addnode=54.211.198.34
addnode=54.211.214.162
addnode=54.221.58.60
addnode=54.221.118.164
addnode=54.236.189.3
addnode=58.96.51.150
addnode=58.214.71.66
addnode=61.133.107.171
addnode=61.156.57.71
addnode=61.164.87.130
addnode=62.156.25.168
addnode=64.246.111.3
addnode=66.189.185.92
addnode=68.196.196.106
addnode=70.210.134.49
addnode=72.222.208.81
addnode=76.70.90.27
addnode=76.72.163.54
addnode=77.77.194.228
addnode=80.238.232.96
addnode=81.134.5.250
addnode=83.149.8.67
addnode=83.226.60.166
addnode=85.176.158.245
addnode=87.120.43.70
addnode=88.153.227.174
addnode=88.205.165.103
addnode=93.188.40.237
addnode=98.201.58.62
addnode=99.246.77.217
addnode=107.150.49.74
addnode=107.150.50.74
addnode=108.62.111.138
addnode=113.53.237.178
addnode=113.109.190.68
addnode=113.243.44.46
addnode=113.243.137.220
addnode=115.28.31.155
addnode=115.56.123.87
addnode=115.77.51.103
addnode=117.30.44.152
addnode=120.150.253.184
addnode=123.137.244.39
addnode=124.197.54.97
addnode=124.248.195.73
addnode=125.54.173.183
addnode=125.112.244.84
addnode=125.115.76.67
addnode=142.91.231.50
addnode=144.76.226.151
addnode=161.246.5.237
addnode=162.243.249.73
addnode=163.125.57.68
addnode=171.106.196.0
addnode=171.211.52.150
addnode=172.240.89.250
addnode=172.241.151.154
addnode=176.198.140.100
addnode=178.79.159.226
addnode=180.116.42.234
addnode=180.116.158.48
addnode=180.142.110.247
addnode=182.236.160.83
addnode=182.237.15.101
addnode=184.72.155.72
addnode=184.72.186.246
addnode=188.230.228.127
addnode=192.241.125.215
addnode=192.241.125.216
addnode=192.241.125.217
addnode=192.241.125.218
addnode=192.241.125.219
addnode=192.241.125.220
addnode=198.27.66.162
addnode=202.64.24.212
addnode=206.248.185.90
addnode=207.12.89.54
addnode=212.5.50.12
addnode=212.7.200.9
addnode=213.165.168.141
addnode=216.228.112.21
addnode=218.85.134.178
addnode=218.93.134.55
addnode=218.93.134.126
addnode=218.93.135.98
addnode=218.207.182.254
addnode=220.180.13.27
addnode=222.188.177.57
addnode=222.188.177.58
addnode=222.188.178.217
addnode=222.188.179.28
addnode=222.212.42.72
(netstat -an | grep :5889 | grep -v LISTEN | tr -s ' ' \\t | cut --field=5; cat vertcoin-nodelist | sed 's/addnode=//') | sort -t. -u --key=1,1n --key 2,2n --key 3,3n --key 4,4n | sed 's/^/addnode=/; s/:.*//' > vertcoin-nodelist2
addnode=5.135.159.128
addnode=23.19.26.138
addnode=23.83.200.170
addnode=23.106.56.18
addnode=23.107.61.194
addnode=23.110.213.50
addnode=24.18.104.42
addnode=27.13.74.181
addnode=27.38.71.233
addnode=27.155.245.129
addnode=31.135.187.9
addnode=37.110.152.207
addnode=37.146.236.140
addnode=50.17.89.200
addnode=50.19.51.19
addnode=50.53.63.29
addnode=50.73.215.89
addnode=50.168.24.69
addnode=50.190.0.70
addnode=54.194.7.98
addnode=54.196.183.56
addnode=54.197.3.73
addnode=54.197.76.193
addnode=54.197.77.13
addnode=54.197.126.5
addnode=54.201.240.25
addnode=54.201.249.125
addnode=54.211.198.34
addnode=54.211.214.162
addnode=54.221.58.60
addnode=54.221.118.164
addnode=54.236.189.3
addnode=58.96.51.150
addnode=58.214.71.66
addnode=61.133.107.171
addnode=61.156.57.71
addnode=61.164.87.130
addnode=62.156.25.168
addnode=64.246.111.3
addnode=66.189.185.92
addnode=68.196.196.106
addnode=70.210.134.49
addnode=72.222.208.81
addnode=76.70.90.27
addnode=76.72.163.54
addnode=77.77.194.228
addnode=80.238.232.96
addnode=81.134.5.250
addnode=83.149.8.67
addnode=83.226.60.166
addnode=85.176.158.245
addnode=87.120.43.70
addnode=88.153.227.174
addnode=88.205.165.103
addnode=93.188.40.237
addnode=98.201.58.62
addnode=99.246.77.217
addnode=107.150.49.74
addnode=107.150.50.74
addnode=108.62.111.138
addnode=113.53.237.178
addnode=113.109.190.68
addnode=113.243.44.46
addnode=113.243.137.220
addnode=115.28.31.155
addnode=115.56.123.87
addnode=115.77.51.103
addnode=117.30.44.152
addnode=120.150.253.184
addnode=123.137.244.39
addnode=124.197.54.97
addnode=124.248.195.73
addnode=125.54.173.183
addnode=125.112.244.84
addnode=125.115.76.67
addnode=142.91.231.50
addnode=144.76.226.151
addnode=161.246.5.237
addnode=162.243.249.73
addnode=163.125.57.68
addnode=171.106.196.0
addnode=171.211.52.150
addnode=172.240.89.250
addnode=172.241.151.154
addnode=176.198.140.100
addnode=178.79.159.226
addnode=180.116.42.234
addnode=180.116.158.48
addnode=180.142.110.247
addnode=182.236.160.83
addnode=182.237.15.101
addnode=184.72.155.72
addnode=184.72.186.246
addnode=188.230.228.127
addnode=192.241.125.215
addnode=192.241.125.216
addnode=192.241.125.217
addnode=192.241.125.218
addnode=192.241.125.219
addnode=192.241.125.220
addnode=198.27.66.162
addnode=202.64.24.212
addnode=206.248.185.90
addnode=207.12.89.54
addnode=212.5.50.12
addnode=212.7.200.9
addnode=213.165.168.141
addnode=216.228.112.21
addnode=218.85.134.178
addnode=218.93.134.55
addnode=218.93.134.126
addnode=218.93.135.98
addnode=218.207.182.254
addnode=220.180.13.27
addnode=222.188.177.57
addnode=222.188.177.58
addnode=222.188.178.217
addnode=222.188.179.28
addnode=222.212.42.72
Jump to: