Monthly Archives: August 2018

The-Dood

August 8, 2018

It’s been awhile since I’ve written anything. I did a white paper review of VSYNC the other day, and beside that I’ve been doing a lot of screwing off this summer. Honestly, I spent almost 3 years sitting in front of a computer staring at charts and really needed the time off.

The 2018 crypto market is nothing like I expected. I certainly expected a correction when bitcoin rose to 20K, but never expected almost every alt to return to 2017 lows. What a pump, and what a retrace!

In the meantime I’ve been enjoying the summer, putting low buy orders in, accumulating and like most of us, hoping this bear market turns. I bought a couple motorcycles, and I’ve been riding and waiting… Riding and waiting… Riding and buying and waiting….

Finally started getting tired of riding and waiting. Time to start acting. I’ll still be traveling around a bit this summer, but it’s time to get back to work. Oh, and I’m thinking about starting a travel blog, just registered themotorcycledude.com Nothing there yet, but the wheels are in motion.

So I’ll be working on websites, updating this one… God knows it needs it. I’ll also be posting regularly again. Not sure how often but you should be able to expect at least a few posts a month. Thanks for reading, stay strong traders, sooner or later this market will turn and we will reap the rewards of our efforts!

White Paper Review – VSYNC VSX

White Paper Review – VSYNC

Recently, I read the VSYNC / VSX white paper. This is a pretty interesting project and I thought I’d do a quick review of the white paper. I’m not going to re-write the white paper, just highlight a few of the interesting points. I will include a link to the white paper at the bottom of the page for further research and review.  Nothing here should be construed as financial advice, just sharing the info I discovered in my research.

VSYNC is a privacy centric POS cryptocurrency based on BitcoinCore 0.15 & Dash. It is proof of stake and utilizes PoSv3. It also offers a masternode system using 100,000 VSX as collateral.To insure fast transaction times VSYNC uses SwiftTX for zero confirmation transactions.

The currency is governed by the entire community and not just masternode owners. Every single VSX holder has the power to vote.

For users concerned with privacy VSYNC plans on implementing the ZeroCoin Protocol, I2P, and the Dandelion Protocol for anonymous payments between parties.

For scalability and transaction capacity the coin will utilize SegWit, Elastic Block Size, and Lightning Network. Implemented with SwiftTX this insures a scalable blockchain, with fast transaction times.

The coin also looks to implement atomic swaps on the network to allow other currencies to be traded and the implementation of smart contracts.

I’ve been following this project for awhile now, and I really like the direction this project is heading in. In the spirit of disclosure I do own a small bag and have been a long time hodler.

The purpose of this post was just to outline some of the features of VSYNC and what the devs are planning on working on in the future. I found the white paper to be well written, and informative. The roadmap is well defined and posted at the end of the white paper along with many references for research.

This is a basic review of the white paper. For more detailed information you can find the white paper at the link below hosted on the VSYNC website.

White Paper: https://vsync.pw/Vsync_Blockchain_WhitePaper_v1.pdf

Website: https://vsync.pw/

Coin Market Cap: https://coinmarketcap.com/currencies/vsync-vsx/