May 2015

Viewing posts from May , 2015

The future of Vertcoin


This has been an interesting week, with the price of VTC rising rapidly from less than $0.01 to peaking at $0.19 today. To many this has come as a surprise, me included, although I have always believed Vert was undervalued given its virtues. However, we are now at an impasse. We can either let this rise go unnoticed by the community and watch VTC fall back into the position it was a week ago or we can take action, and bring Vertcoin back to the limelight. On that note (and assuming everyone wants the latter option) I am calling for people to come forward and make things happen. With Adam extremely busy with his new start-up, this effectively leaves me as the only developer and I don’t want Vertcoin to be a one-man-band as it will not survive that way.

I need people to come forward who would be willing to help with any of the following:

  1. Core wallet developers. This would require you to have some knowledge of C++ but do not feel that you need to be a guru. There are things to be done at many levels which could be completed by those with less experience than one might think. Getting involved with the project is a great way to improve your skills (I know I am a lot better as a result of my efforts here) and there’s no need to worry since nothing will be released without being thoroughly tested first.
  2. Updating the website. I have done some work with this, but much of it is outdated and requires an overhaul. This would include removing any information pertaining to Scrypt-N since this just confuses newcomers to the coin. The website needs to be crystal clear and help people through the whole process from setting up the wallet to mining, buying or spending coins. Similarly, much of the wallet documentation is out of date and needs improving.
  3. Merchant Monday. Some time ago there was an initiative called “Merchant Monday” where a Reddit member compiled a complete list of all the places where Vertcoin was accepted whilst calling on Reddit users to petition for another merchant to start accepting VTC as well. This was a great initiative which saw merchant acceptance expand hugely and I would like to see it return. If someone would like to restart and lead this initiative please get in touch. To that end, you may have noticed VertVerser has been down for some time. I am working on getting this back up and running since it was a really good way of allowing people to easily spend Vertcoin wherever Bitcoin was accepted.
  4. What’s next? In the road-map we posted a few months back, we stated that elasticity was going to be the next feature we implemented. With the recent price jump I question whether this is the best course of action since it would be extremely experimental and I would not want to jeopardise this uptrend that many of us have been dreaming of for some time. Therefore, I would like to see a discussion within the community as to what new features they would like to see in Vertcoin’s future, whether that be elasticity or something else.

If you would like to get involved in any of these tasks, no matter how big or small you think your contribution might be, don’t hesitate to contact me at [email protected] or on Reddit as /u/jamesl22.

I truly believe in Vertcoin’s mission and I think our future can be bright but only if we make it so ourselves. Otherwise, this rise will all be for nothing and I don’t want to see that happen.

Kind Regards,

James (jamesl22)