Phiten - May 2018 VeriCoin & Verium Community Member of the Month
May 24, 2018

Featured Community Member: @phiten

In this Featured Community Member post, we get to know @phiten who has already made multiple development contributions to both VeriCoin and Verium in 2018. If you’re in the Slack channel, you have surely seen @phiten answering questions and offering support to both Verium miners and VeriCoin stakers. @phiten is a great example of how members of a decentralized community can be directly involved with the progress of the project.

Everyone involved with or investing in VeriCoin/Verium should be thankful for all of @phiten’s contributions to this project. We’re excited to see what is in store as he plans to continue lending his skills and talents to VeriCoin and Verium.

Q: What is your handle or name you go by in the community?
A: @phiten

Q: Where do you live?
A: Germany

Q: What initially drew you into cryptocurrency? (the tech, the investment side, the community aspects, the socio-economic)

A: I’ve started early with Cryptocurrencies and Blockchain. I’ve mined my first Bitcoins 5-6 years ago with an age of 14-15 with CPU and GPU but lost my wallet unfortunately. Started reading up at the technology. Stopped some month later with a few Bitcoins and some Dogecoins. In the mid of 2017 the interest turned back and I’ve started to do new researches.

As a student I don’t have much money to invest. That’s why very picky about investing. It was really important to me that a coin I’m investing in is revolutionary and not a copy/fork of any other project.

Q: When and how did you first learn of either VeriCoin and/or Verium?

A: It was around October or November 2017 when I did my final research and first read about Verium. As a IT-Specialist with quite a few CPU resources on hand, it was clear for me that I don’t want to have competition by ASICs or GPUs. Verium was the most promising around of the CPU only currencies. While researching Verium, I discovered VeriCoin and it’s unique technology. Fixed by this I’ve bought a few VRC and started mining VRM.

Q: What aspects of this project made you want to get involved?

A: The technology. I started mining VRM in different pools and was finding myself setting up more and more servers. As a lazy informatics student, I didn’t want to setup each server from scratch, so I developed an install script for Fireworm’s cpuminer which completely sets up a server. I shared it via github for the community and many people started using it. Soon after, there were a lot of request for an ARM compatible script, so I added ARM compatibility.

As a perfectionist I’m always trying to be the best with the things I’m doing. I was never personally satisfied with the existing Verium mining pools as I felt they were all the “same”. I started working on my own MPOS style and released n3rd3d in mid-January. Within 2 months it was the second largest mining pool.

This was my start to get deeper involved in the project. I started with some basic development and then created a successful mining pool and now I am developing other solutions based on and for VeriCoin and Verium. My latest projects are the release of my own v-nomp mining pool software and the release of a working web wallet working with Verium and VeriCoin (CoinVault.One). The next upcoming project is a CDN (Content Delivery Network) to supply all users with faster local downloads. After finishing that I will work on a concept for a stable world wide supernode/dnsseeder network to supply all wallets with more stable connections.

Below is a summary of some of the main contributions created by @phiten so far:

Editor Note: @phiten does more than this. He is routinely offering to help in any way possible.

Q: In your opinion, what are some of the most urgent needs of the project that you will like to see improved or changed?

A: More contribution from more members.

Q: Do you have any advice for members who want to get involved but aren’t quite sure how or where to start?

A: If you want to contribute, have ideas you want to share or even make suggestions for change, you can start with something as simple as an email to contrib [at] vericoin [dot] info or join the Slack Community and write me @phiten to get in touch with the team.

Q: Aside from cryptocurrencies, what are some of your other interests?

A: I’m a typical IT-Specialist specialized at IT-Security and Networking. This has been my hobby since I was 7 years old. And Coffee.

Q: Do you have anything you would like to share with the community?

  1. Spread the word! Verium and VeriCoin are unique not only together each of them individually.
  2. Donate to the project. If everyone of our members would donate 10$ now we would be able to fund everything we’re planning.
  3. Get involved! Feel free to join our slack channel and write me @phiten


If there is a member in the community you believe should be featured, please contact [email protected] or direct message @bluelynxmarketing on Twitter or Slack.

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