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Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON
by
Critariss
on 27/06/2014, 20:49:32 UTC
Quote from: socal on June 27, 2014, 08:01:50 PM
Quote from: Critariss on June 27, 2014, 07:57:48 PM
Can someone clear something up for me. A lot of people are saying that VeriSend and VeriBit are centralized which obviously is a bad thing, others are saying it will be decentralized with the wallet integration. Question is, will it actually be decentralized, or will it rely on a central location for action? Explain it to me please.

VeriSend will become decentralized as more people setup ring nodes to process the VeriSend transactions, anyone can setup a ring node.

VeriBit is and will remain Centralized for the time being

How do you set one up. I am assuming one more and more people do that, the node you setup becomes open to the network and starts processing other orders?
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Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON
by
Critariss
on 27/06/2014, 19:57:48 UTC
Can someone clear something up for me. A lot of people are saying that VeriSend and VeriBit are centralized which obviously is a bad thing, others are saying it will be decentralized with the wallet integration. Question is, will it actually be decentralized, or will it rely on a central location for action? Explain it to me please.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON
by
Critariss
on 27/06/2014, 17:53:04 UTC
Quote from: onsightit on June 27, 2014, 05:44:40 PM
VRC market cap has increased by $1M in just 24 hours.  Now in 14th place...

https://coinmarketcap.com/all.html


Make sure you filter out Non-Premined and Non-Mineable. 9th =-D