Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 88.

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Bullshit. With closed source algo only closed source miners will be available. How to implement pools with closed algo? Hope you are kidding. It's impossible to resist multipools, but it's possible to delay impact a bit. Notice, that there were no scrypt-n multipools for a while.

AlaricI

newbie

Activity: 23

Merit: 0

If you guys would like more Vertcoin exposure, feel free to drop a line to @VertcoinAthlete on twitter, or head over to the Vertcoin Athlete storefront and pick yourself up a shirt! Represent Vertcoin Athlete and bring Vertcoin to the masses! Spread the word:

http://vertcoinathlete.com/wp-content/uploads/2014/08/VertcoinAthleteFlyer.jpg

vertcoinathlete.com

deky_

full member

Activity: 182

Merit: 100

Nice! More exposure, one of the things we need more of.

Quote from: nonny12 on August 05, 2014, 12:51:13 AM

Vertcoin developer speaking at the Hasher's United conference in October. Lined up with some big names in crypto. Awesome.

http://hashersunited.com/speakers/

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: nonny12 on August 05, 2014, 12:51:13 AM

Vertcoin developer speaking at the Hasher's United conference in October. Lined up with some big names in crypto. Awesome.

http://hashersunited.com/speakers/

Nice! Wish I could go...

BBristow79

full member

Activity: 230

Merit: 100

Hopefully someone can either film/stream it for those that cannot make it.

nonny12

sr. member

Activity: 362

Merit: 250

Vertcoin developer speaking at the Hasher's United conference in October. Lined up with some big names in crypto. Awesome.

http://hashersunited.com/speakers/

rokkyroad

legendary

Activity: 1090

Merit: 1000

Quote from: jwinterm on August 04, 2014, 06:37:26 PM

Quote from: randywald on August 04, 2014, 01:13:45 PM

How can i help here? I have already bought lots of coins, but people are always dumping. Moreover i think that i was the guy who started the pump last week, but price is again down.

I think the best way to help is to just try and spend a few minutes everyday being active (with an optimistic slant) in the community, either here, on reddit, on the vertcoin forum, irc, twitter, or wherever you're online. If you can make applications or websites that use/support vert, even better, but I think everyone can help just by trying to put a few positive thoughts about vert online everyday. And try not to burn yourself, I guess

Well said.

Too many people panic over the price. Main thing is to be patient and positive. Vert has everything going for it.
Its not like Vert is alone with low prices; most coin markets have taken a huge hit. Smart traders are taking advantage of present prices and waiting it out.

pwpwpw

hero member

Activity: 908

Merit: 503

I just wonder if you have regular gpu miners, where else you go beside vtc ? I dont see any coin that is more profitable even at this vtc price.. and dont tell me a coin that dies after a week or 2

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: randywald on August 04, 2014, 01:13:45 PM

How can i help here? I have already bought lots of coins, but people are always dumping. Moreover i think that i was the guy who started the pump last week, but price is again down.

I think the best way to help is to just try and spend a few minutes everyday being active (with an optimistic slant) in the community, either here, on reddit, on the vertcoin forum, irc, twitter, or wherever you're online. If you can make applications or websites that use/support vert, even better, but I think everyone can help just by trying to put a few positive thoughts about vert online everyday. And try not to burn yourself, I guess

Jiggy0001

hero member

Activity: 734

Merit: 500

Quote from: randywald on August 04, 2014, 01:13:45 PM

How can i help here? I have already bought lots of coins, but people are always dumping. Moreover i think that i was the guy who started the pump last week, but price is again down.

don't burn yourself man...

randywald

hero member

Activity: 600

Merit: 500

How can i help here? I have already bought lots of coins, but people are always dumping. Moreover i think that i was the guy who started the pump last week, but price is again down.

lvjunzeng

newbie

Activity: 2

Merit: 0

Quote from: jwinterm on August 02, 2014, 02:00:44 PM

Quote from: Lucky - Luciano on August 02, 2014, 01:40:00 PM

Quote from: jwinterm on August 02, 2014, 01:29:24 PM

Quote from: Lucky - Luciano on August 02, 2014, 01:21:34 PM

Quote from: jwinterm on August 02, 2014, 12:33:36 PM

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Lyra2 is already open source. Source for both Lyra and Lyra2 are here:
http://lyra-kdf.net/

If you think your alt-coin dev is actually writing new encryption algorithms, then you don't know that much about alt-coin devs. Shit, it's not like even Satoshi had anything to do with sha256. I'm pretty sure no coin dev ever, anywhere has ever put together their own algorithm for a coin.

I am mean the actual implementation of miner. Do you think it can not be protected and thus prevent the emergence of vertcoin clones with lyra2 algorithm?

Not really, no, and to be honest I hope they don't try. Do you think Darkcoin could have achieved it's current popularity/price if the dev tried to keep x11 closed source? I think it's (in part) because of all the x11 clones that drk became so popular. Did scrypt clones kill litecoin?

How do You think solve a problem with multipools?

I don't think multipools are really a problem. They exist to mine and dump, which helps spread coins around, and it will be done by individual miners if it is really that profitable. There are no multipools for Monero or Boolberry or other CryptoNote coins, but I think there are plenty of professional miners mining and dumping, because they are the most profitable coins to mine at the moment.

The current price is the VertCoin requires the greatest concern, prices will naturally rise more miners, people will have more confidence. Now is not the tangled what problem, the first is the price! The VertCoin team need to quickly solve the price slump, application and marketing to develop better!

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: Lucky - Luciano on August 02, 2014, 01:40:00 PM

Quote from: jwinterm on August 02, 2014, 01:29:24 PM

Quote from: Lucky - Luciano on August 02, 2014, 01:21:34 PM

Quote from: jwinterm on August 02, 2014, 12:33:36 PM

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Lyra2 is already open source. Source for both Lyra and Lyra2 are here:
http://lyra-kdf.net/

If you think your alt-coin dev is actually writing new encryption algorithms, then you don't know that much about alt-coin devs. Shit, it's not like even Satoshi had anything to do with sha256. I'm pretty sure no coin dev ever, anywhere has ever put together their own algorithm for a coin.

I am mean the actual implementation of miner. Do you think it can not be protected and thus prevent the emergence of vertcoin clones with lyra2 algorithm?

Not really, no, and to be honest I hope they don't try. Do you think Darkcoin could have achieved it's current popularity/price if the dev tried to keep x11 closed source? I think it's (in part) because of all the x11 clones that drk became so popular. Did scrypt clones kill litecoin?

How do You think solve a problem with multipools?

I don't think multipools are really a problem. They exist to mine and dump, which helps spread coins around, and it will be done by individual miners if it is really that profitable. There are no multipools for Monero or Boolberry or other CryptoNote coins, but I think there are plenty of professional miners mining and dumping, because they are the most profitable coins to mine at the moment.

Lucky - Luciano

hero member

Activity: 711

Merit: 500

Quote from: jwinterm on August 02, 2014, 01:29:24 PM

Quote from: Lucky - Luciano on August 02, 2014, 01:21:34 PM

Quote from: jwinterm on August 02, 2014, 12:33:36 PM

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Lyra2 is already open source. Source for both Lyra and Lyra2 are here:
http://lyra-kdf.net/

If you think your alt-coin dev is actually writing new encryption algorithms, then you don't know that much about alt-coin devs. Shit, it's not like even Satoshi had anything to do with sha256. I'm pretty sure no coin dev ever, anywhere has ever put together their own algorithm for a coin.

I am mean the actual implementation of miner. Do you think it can not be protected and thus prevent the emergence of vertcoin clones with lyra2 algorithm?

Not really, no, and to be honest I hope they don't try. Do you think Darkcoin could have achieved it's current popularity/price if the dev tried to keep x11 closed source? I think it's (in part) because of all the x11 clones that drk became so popular. Did scrypt clones kill litecoin?

How do You think solve a problem with multipools?

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: Lucky - Luciano on August 02, 2014, 01:21:34 PM

Quote from: jwinterm on August 02, 2014, 12:33:36 PM

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Lyra2 is already open source. Source for both Lyra and Lyra2 are here:
http://lyra-kdf.net/

If you think your alt-coin dev is actually writing new encryption algorithms, then you don't know that much about alt-coin devs. Shit, it's not like even Satoshi had anything to do with sha256. I'm pretty sure no coin dev ever, anywhere has ever put together their own algorithm for a coin.

I am mean the actual implementation of miner. Do you think it can not be protected and thus prevent the emergence of vertcoin clones with lyra2 algorithm?

Not really, no, and to be honest I hope they don't try. Do you think Darkcoin could have achieved it's current popularity/price if the dev tried to keep x11 closed source? I think it's (in part) because of all the x11 clones that drk became so popular. Did scrypt clones kill litecoin?

Lucky - Luciano

hero member

Activity: 711

Merit: 500

Quote from: jwinterm on August 02, 2014, 12:33:36 PM

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Lyra2 is already open source. Source for both Lyra and Lyra2 are here:
http://lyra-kdf.net/

If you think your alt-coin dev is actually writing new encryption algorithms, then you don't know that much about alt-coin devs. Shit, it's not like even Satoshi had anything to do with sha256. I'm pretty sure no coin dev ever, anywhere has ever put together their own algorithm for a coin.

I am mean the actual implementation of miner. Do you think it can not be protected and thus prevent the emergence of vertcoin clones with lyra2 algorithm?

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Lyra2 is already open source. Source for both Lyra and Lyra2 are here:
http://lyra-kdf.net/

If you think your alt-coin dev is actually writing new encryption algorithms, then you don't know that much about alt-coin devs. Shit, it's not like even Satoshi had anything to do with sha256. I'm pretty sure no coin dev ever, anywhere has ever put together their own algorithm for a coin.

voephilis

sr. member

Activity: 378

Merit: 250

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

+1

Equate

hero member

Activity: 770

Merit: 500

Quote from: Lucky - Luciano on August 02, 2014, 09:34:13 AM

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Agreed , multipool will mine whatever they find as profitable and then hop onto another coin.

Lucky - Luciano

hero member

Activity: 711

Merit: 500

The problem is multipools because they shoot down the price with their huge sales vertcoins for Bitcoins. Because lyra2 should have closed code. Otherwise, will again appear shitcoins with the copied lyra2 algorithm. This would again lead to a problem with multipools and less price. If there lyra2 multipools resistant, vertcoins price will rise a lot. Vertcoin has a great future, we just need enough faith, work, patience and wisdom.

Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 88. (Read 1232701 times)