Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 682.

Vertcoin

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Activity: 168

Merit: 100

Quote from: kuroman on January 10, 2014, 03:08:35 PM

Sounds interresting but I have a question :
The 2 blocks you are going to premine are they 50 coin each?

because I've seen some other coins where they say they'll premine 5 coins, but the set up a block with like 100k coins or 1million coin or whatever

Yes, totally is 100 VTC. just that.

Vertcoin

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Activity: 168

Merit: 100

Quote from: Xtar on January 10, 2014, 03:06:01 PM

Is cgminer will mine it?

Very good question, answer is I don't know. but I think for N=2048, GPUs are able to mine because it requires local memory per thread = 256 kB. As I know CUDA GPUs some cards have 512 kB.

suchnoob

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Activity: 224

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Quote from: jorneyflair on January 10, 2014, 02:47:20 PM

Blocks 1-10,000 - 0.0001 MRC (To set difficulty and test network)
Blocks 10,000-160,000 - Block reward is the same as block number. (For fair launch)
Example: Block number 10,000 = 10,000MRC, Block number 160,000 = 160,000MRC
Blocks 160,000 - 310,000 - Block reward descending by one for each block. (For deflation)
Example: Block number 160,000 = 160,000MRC, Block number 160,001 = 159,999MRC and so on.
310,000+ - Block reward is a solid 10,000

please do like that to prevent a diff rape

You've got an interesting idea but again, bad numbers. To get to block 160.000 you'd need about 2 months to 1 year. That's 1 year with a constant increase in coins flooding the market, price will go down the drain. This would also totally destroy any interest in early adoption since there's no bonus in doing that.

Here are my 2c (with 60s blocks)
start diff:0.25
Blocks 1-1000 - 10 VTC to combat whales getting too many coins.
Blocks 1001-END - 50base VTC
You don't need more than that since AFAIK Scrypt-Jane reduces hashing power over time. If that doesn't happen you'd need a block reward reduction of about 1/4-1/3 (NOT MORE) every 40k blocks to combat depreciation. (this based on what I've seen happen with doge and other coins).

kuroman

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Activity: 588

Merit: 501

Sounds interresting but I have a question :
The 2 blocks you are going to premine are they 50 coin each?

because I've seen some other coins where they say they'll premine 5 coins, but the set up a block with like 100k coins or 1million coin or whatever

Xtar

hero member

Activity: 625

Merit: 500

Is cgminer will mine it?

Vertcoin

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Activity: 168

Merit: 100

Quote from: mux on January 10, 2014, 03:00:19 PM

Quote from: Vertcoin on January 10, 2014, 09:37:02 AM

Honestly, I tested it with "setgenerate true 4" option. I'm not sure about three choices above. I will test those command and report you later.

It's "setgenerate true X", with X being the number of threads to launch (use 1 per CPU core), and -1 meaning using all the available CPU cores....

I understand your point, but he asked for specific test case....so I need to test it, even you know it will produce the same result.

mux

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Activity: 280

Merit: 250

Quote from: Vertcoin on January 10, 2014, 09:37:02 AM

Honestly, I tested it with "setgenerate true 4" option. I'm not sure about three choices above. I will test those command and report you later.

It's "setgenerate true X", with X being the number of threads to launch (use 1 per CPU core), and -1 meaning using all the available CPU cores....

Vertcoin

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Activity: 168

Merit: 100

Quote from: jorneyflair on January 10, 2014, 02:47:20 PM

Blocks 1-10,000 - 0.0001 MRC (To set difficulty and test network)
Blocks 10,000-160,000 - Block reward is the same as block number. (For fair launch)
Example: Block number 10,000 = 10,000MRC, Block number 160,000 = 160,000MRC
Blocks 160,000 - 310,000 - Block reward descending by one for each block. (For deflation)
Example: Block number 160,000 = 160,000MRC, Block number 160,001 = 159,999MRC and so on.
310,000+ - Block reward is a solid 10,000

please do like that to prevent a diff rape

Thank you so much for your recommendation I wonder how Litecoin handle a diff rape ? Do you know about that ?

jorneyflair

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Activity: 672

Merit: 500

Blocks 1-10,000 - 0.0001 MRC (To set difficulty and test network)
Blocks 10,000-160,000 - Block reward is the same as block number. (For fair launch)
Example: Block number 10,000 = 10,000MRC, Block number 160,000 = 160,000MRC
Blocks 160,000 - 310,000 - Block reward descending by one for each block. (For deflation)
Example: Block number 160,000 = 160,000MRC, Block number 160,001 = 159,999MRC and so on.
310,000+ - Block reward is a solid 10,000

please do like that to prevent a diff rape

Vertcoin

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Activity: 168

Merit: 100

Quote from: pttinh on January 10, 2014, 12:24:37 PM

can you place a cut down clock?

When will the wallet appear?

I'm interested in this coin Grin

Vertcoin will be launched on 11 Jan 2014 9.00 AM GMT.

pttinh

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Activity: 182

Merit: 100

can you place a cut down clock?

When will the wallet appear?

I'm interested in this coin Grin

Vertcoin

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Activity: 168

Merit: 100

Quote from: atp1916 on January 10, 2014, 09:56:35 AM

minerd support would be super awesome at launch..

We would like to have it, if someone help us implement the miner.

atp1916

legendary

Activity: 854

Merit: 1000

minerd support would be super awesome at launch..

Vertcoin

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Activity: 168

Merit: 100

Quote from: PTseller on January 10, 2014, 09:38:36 AM

Quote from: Vertcoin on January 10, 2014, 09:37:02 AM

Quote from: PTseller on January 10, 2014, 09:32:36 AM

Quote from: Vertcoin on January 10, 2014, 09:30:59 AM

Quote from: PTseller on January 10, 2014, 09:04:54 AM

can i mine this coin from wallet console ?

via this command ->>> setgenerate true or setgenerate true-1 or setgenerate true -1

Yessss sir Grin

which command will work ? all 3 ??

Honestly, I tested it with "setgenerate true 4" option. I'm not sure about three choices above. I will test those command and report you later.

cool please update

coz i love this coin it's have something new from other

& when wallet will launch ?

+1 for bringing this coin !!

I have tested with 3 options, three of them are working.

Vertcoin will be launched on 11 Jan 2014 9.00 AM GMT.

PTseller

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Activity: 1148

Merit: 1000

I ❤ www.LuckyB.it!

Quote from: Vertcoin on January 10, 2014, 09:37:02 AM

Quote from: PTseller on January 10, 2014, 09:32:36 AM

Quote from: Vertcoin on January 10, 2014, 09:30:59 AM

Quote from: PTseller on January 10, 2014, 09:04:54 AM

can i mine this coin from wallet console ?

via this command ->>> setgenerate true or setgenerate true-1 or setgenerate true -1

Yessss sir Grin

which command will work ? all 3 ??

Honestly, I tested it with "setgenerate true 4" option. I'm not sure about three choices above. I will test those command and report you later.

cool please update

coz i love this coin it's have something new from other

& when wallet will launch ?

+1 for bringing this coin !!

Vertcoin

full member

Activity: 168

Merit: 100

Quote from: PTseller on January 10, 2014, 09:32:36 AM

Quote from: Vertcoin on January 10, 2014, 09:30:59 AM

Quote from: PTseller on January 10, 2014, 09:04:54 AM

can i mine this coin from wallet console ?

via this command ->>> setgenerate true or setgenerate true-1 or setgenerate true -1

Yessss sir Grin

which command will work ? all 3 ??

Honestly, I tested it with "setgenerate true 4" option. I'm not sure about three choices above. I will test those command and report you later.

PTseller

legendary

Activity: 1148

Merit: 1000

I ❤ www.LuckyB.it!

Quote from: Vertcoin on January 10, 2014, 09:30:59 AM

Quote from: PTseller on January 10, 2014, 09:04:54 AM

can i mine this coin from wallet console ?

via this command ->>> setgenerate true or setgenerate true-1 or setgenerate true -1

Yessss sir Grin

which command will work ? all 3 ??

Vertcoin

full member

Activity: 168

Merit: 100

Quote from: PTseller on January 10, 2014, 09:04:54 AM

can i mine this coin from wallet console ?

via this command ->>> setgenerate true or setgenerate true-1 or setgenerate true -1

Yessss sir Grin

zhangjia1005

newbie

Activity: 55

Merit: 0

i'll mining it.

PTseller

legendary

Activity: 1148

Merit: 1000

I ❤ www.LuckyB.it!

can i mine this coin from wallet console ?

via this command ->>> setgenerate true or setgenerate true-1 or setgenerate true -1

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