Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: J-1 on March 06, 2025, 09:06:42 PM
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Hey everyone,
I'm writing this post as a member of the VECO community, and I wanted to share my thoughts on the recent developments with the project. The original dev left the project in difficult times, and it's been a tough time for all of us.
However, I'm excited to say that the community has come together and taken the reins. We're working hard to revive the project and make it a legitimate and sustainable cryptocurrency.
I've been involved with VECO since the community takeover, and I've seen first-hand the potential this project has. We've got a growing community who are all passionate about making VECO a success, the new developers are working hard to maintain all aspects of the network, while the community is helping where ever and with what ever is needed beyond these tasks.
Our Goals:
Revive the project and restore its reputation
Create a new roadmap and whitepaper that outlines our vision for VECO (You can already find our new roadmap on our website: vecocoin.com
Engage with the community and involve everyone in the decision-making process (Transparency is our goal) Discord link - Can be found on our website
Decentralized mining through CPU's only.
What We Need:
Your feedback and input on our plans
Your help in promoting our community and project - X (Twitter) Community Account = @veco_coin
Your support in making VECO a success
Let's work together to create a better future for VECO. If you have any questions or comments, please feel free to reply to this post.
Together, We Can Do This!
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New GUI miner released for the Community. This GUI miner is a pool only miner for now.
Updated with the latest cpuminer version accessible to all CPU's regardless of age.
Can be found on the website under "Resources tab" that will take you to the GitHub repository. Or alternatively copy this into your browser = github.com/vecocoin/GUI-miner
Also the shiny new VECO Solo Miner has just been released on the GitHub repository, this can only be used directly with your VECO wallet/node running on the same system for now. Link will be added to the website soon, it too will eventually be integrated into the GUI miner. Copy into your browser for the solo miner = github.com/vecocoin/vecominer
Any issues feel free to join the Community on Discord and someone will be happy to help out or drop your questions below.
Happy Mining :)
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Our Goals:
Revive the project and restore its reputation
What We Need:
Your feedback and input on our plans
Simple, burn all those coins that were issued before the takeover, a coin with over 90% of its supply held bya few individuals will not gain the trust of anyone.
Also the project is all over the place, POW, masternodes, NFT minting, seems like you want to catch every hype with it, sorry but as you can see, it's not going to work.
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Our Goals:
Revive the project and restore its reputation
What We Need:
Your feedback and input on our plans
Simple, burn all those coins that were issued before the takeover, a coin with over 90% of its supply held bya few individuals will not gain the trust of anyone.
Also the project is all over the place, POW, masternodes, NFT minting, seems like you want to catch every hype with it, sorry but as you can see, it's not going to work.
Hi Stompix.
Thank you for taking the time to share your input, however, I would like to just draw your attention to the top 100 wallets currently holding VECO coins, which with the current supply of 17,944,259 stands at just 68%. Bearing in mind the total supply is 40 million. So could you please clarify the source of your 90% being held by a few individuals. Furthermore, the top couple of wallets have not seen activity since 2022. The going theory is that there is a good number of these coins either on the dodgy exchange Finexbox which was listed by the old Dev/Team and is no longer used by the community, also has since been delisted on CoinGecko, we do advise using the 2 newer exchanges as they are far more trusted platforms. Or the keys are no longer in there owners possession and they are dead wallets. (Bitcoin also has a holder who could at any point dump there theoretical 1 million + coins on the market or they could be in dead wallets who knows I sure don't)
"The project is all over the place" as can be seen from our latest released "Miners" we are focusing on the POW section prioritising security of the network with nothing being considered for the NFT part since the takeover. Again please bare in mind we have inherited a mess from the old Dev/Team therefor are limited in what we can do or change quickly as we are fully transparent and use the community for decision making, that being said there has been discussions around the MasterNode part of the network and the community voted to keep them in place, MasterNodes do actually add a little to the security of the network against 51%+ attacks therefor not just relying on POW hashrate.
"Catch every hype" not sure what this is meant to mean as NFTs have taken a back seat of recent to MEME coins on top of blockchains Sol,Eth etc. We have not mentioned anything along these lines (MEME coins) so not sure this holds up as you mentioned? We don't have NFTs, the road map has not been updated recently to reflect this, we have introduced a little paint programme that allows free(!) "etching" of 1-bit art on the VECO blockchain. These pictures can't be transferred or even sold. We are just being creative and like to add little features. Thank you for bringing this to our attention, this will be changed to reflect VECO's true direction going forward.
"Burning pre take over coin" Burning pre-takeover coins has been discussed, but technical and fairness issues make it complex. We’re focusing on growth and transparency instead.
Again we are grateful for your input but I hope you can take this the right way, just because you believe it will not work does not mean every other person has the same view you do, and as you may of missed in your research into our take over and the VECO project as a whole since 2023, we have gained a good following from a fresh start with a growing community and a network hashrate that has gone from roughly 2khs at the take over time to now being steady at around 12-20khs.
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Minor Announcement: Updated bootstrap for Wallet Syncing @GitHub = Copy & Paste into browser
github.com/vecocoin/veco/releases/tag/bootstrap
Bootstrap from 2025-03-10. To use it, it may be necessary to delete the "blocks", "evodb" and "chainstate" folders before unpacking the zip file in the wallet directory.
CPU mining only = Fair mining for all. :D
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Great spirit and love the fact a small community is fighting back after being dumped on and left for dead! I will go and put some buy orders on Freixlite in the coming days as I'm still searching for a 2nd hand Laptop/PC to mine with. Love the fair mining for all ethos! 8).
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Thanks for the love Steven.1.
That's the way to do it, no need invest in expensive mining equipment, lets all help the world by buying 2nd hand Laptops/PC's and putting them to work. Low cost, Low bills, Low risk. Eco-friendly Crypto for all. :D
Mobile Web wallet in development and should be dropping soon.
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Check out the alpha release of our new web wallet: wallet.vecocoin.com
8)
Enter a PIN and try it out, e.g. at = faucet.vecocoin.com.
Your keys are stored exclusively on your local device. Please back them up before you use the wallet. This is done through the Export wallet tab. Enjoy!
This wallet can also be used in conjunction with the Loyalty Rewards on the website. Renew every 7 days for free rewards for holding Veco :D
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New little game for the community and new comers to enjoy and to earn a little free Veco with = play.vecocoin.com
Veco Pong is an easy to play interactive game that uses only the Arrow keys on your keyboard, Not usable with a mobile phone yet.
Just entre your Veco address and away you go, this can be a full node wallet address, the web wallet or even the light wallet its not fussy, Pays out to all wallets.
Can you beat the high score? ;D
Enjoy everyone. 8)
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;D VECO PONG SHOWDOWN IS LIVE! ;D
Top 3 win BIG:
1ST = 5000 VECO
2ND = 2500 VECO
3RD = 1250 VECO
Play now: play.vecocoin.com
DEADLINE: March 24th, 12 PM! Time’s ticking —jump in TODAY!
To play, you need a valid VECO address that is registered on the blockchain. The higher the balance of the address, the easier it is to achieve high scores. if you don't have one yet, either set up a full node = github.com/vecocoin/veco/releases or get an address at = wallet.vecocoin.com/ and use the faucet = faucet.vecocoin.com/ to register it on the blockchain.
Good luck everyone who tests there paddle skills 8)
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We are pleased to announce that VECO has been added to GemDiscordBots :D 8)
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Pleased to announce that our Coin Gecko has been updated with our market cap / circulating supply / total supply. ;D
coingecko.com/en/coins/veco
Furthermore for what ever reason miningpoolstats.stream/veco is now showing the incorrect Total Supply. The correct total supply of veco is in fact 40 Million.
Lastly Big congratulations to the 3 winners of the VECO PONG SHOWDOWN. Winning a combined 8750 veco between them! 8)
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We are pleased to announce that VECO has been added to GemDiscordBots :D 8)
Glad to see the almost instant engagement from the Veco community voting for their coin, looks like they might be the first winner if they keep this pace up!
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Hi everyone,
Here a few updates:
webpage = vecocoin.com
coingecko = coingecko.com/en/coins/veco
explorer = explorer.vecocoin.com
explorer2 = explorer2.vecocoin.com
github = github.com/vecocoin
web wallet = wallet.vecocoin.com
pool = pool.vecocoin.com
mining calculator = vecocoin.com/calculator.html
exchange = freixlite.com/market/VECO/LTC
masternode hosting service = vecoservices.top
loyalty program = earn.vecocoin.com
gui miner = github.com/vecocoin/GUI-miner/tree/main
solo miner = github.com/vecocoin/vecominer (no pools required)
socials:
Discord = discord.gg/Z7j9mz6
X = x.com/veco_coin
fun stuff:
faucet lottery = faucet.vecocoin.com
game = play.vecocoin.com (simple pong game where you can earn veco rewards, more to come)
immutable gallery = gallery.vecocoin.com (OP_RETURN based)
paint for the gallery = paint.vecocoin.com
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We are pleased to announce that VECO is now listed on the GEM BOTS INFO BOT AND VOTING BOT.
:D
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Here is a summary of what has been achieved since the relaunch of the blockchain and what we are working on:
Start a new blockexplorer ✓
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Listing on the user-friendly exchanges FreiXLite and XredX ✓
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Release Lightwallet Client ✓
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Masternode Hosting Service ✓
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Loyalty Rewards Program ✓
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Mining Pool Service ✓
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Free blockchain art (Immuntable Gallery) ✓
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Pool-independent CPU mining ✓
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Web wallet ✓
...
more coming soon
Huge thanks to all the community members who have contributed and continue to do so for the success of VECO 8)
Fair mining for all!
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Pleased to announce Veco is managing to get a place in the top 10 of MarketCapTracker, more often than not its in the top 3 with our place on many occasions being the top spot 8)
Great work by the community again and everyone new and old who supports it :D
Fair Crypto for all is making moves, showing that its not always the top players who can shine in a flooded Market!
x.com/MarketCapTrakr/status/1908674035237724380
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Solo Miner Tutorial has now been uploaded to the Community YouTube Channel = youtube.com/@veco_coin
The miner only works when used on the same PC as your Fully Synched Wallet is running on, no pool needed, no unexpected downtime leading to potentially lost rewards, keep all of the rewards. 8)
Fair Mining For All :D
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Have you always wanted an address with a unique signature? Then use our new Vanity Generator!
All you need is patience & a strong CPU.
github.com/vecocoin/vanity_address/releases/tag/v0.1.0-beta
Stay tuned for our upcoming wallet update!! :D
TIP = Don't move the exe away from the _internal folder. It needs it.
Happy Generating 8)
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MarketCapTracker = x.com/MarketCapTrakr/status/1913684736326647906
Number 1 spot again this time on the top 10 hourly gainers!!
Veco = Fair mining for all :D
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The time of waiting is over! The new VECO Core release is finally ready! :D
This is a mandatory update. Please upgrade your nodes before April 30, 2025.
https://github.com/vecocoin/veco/releases/tag/v1.14.1
Changes:
Added IPv6 support
Veco Spork 15 will be activated on block: 1409000
Update of build dependencies
Full Changelog: https://github.com/vecocoin/veco/compare/v1.13.4...v1.14.1
Please note that Veco Spork 15 will lead to the activation of deterministic masternodes (DIP3).
To learn more about DIP3: https://github.com/dashpay/dips/blob/master/dip-0003.md
Old DIP1 master nodes will be disabled and invisible in the new node version after block 1409000. Once the mining pools have been updated, DIP1 master nodes will no longer receive rewards. Therefore, it is highly recommended that you switch your master nodes to DIP3 after block 1409000. A tutorial on how to migrate/create DIP3 masternodes will be provided soon.
If you are upgrading from a previous version of the software, please ensure that you have backed up your wallet.dat file. To upgrade, simply start your qt-wallet or veco daemon with the binaries provided with this new release. Make sure you have uninstalled/deleted the previous version (just to prevent you from mixing them up ). There is no need to reinstall and resync from scratch. In rare cases you may need to delete the evodb folder in your wallet folder or do a fresh install.
Veco = Fair mining for all :D