Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash]
by
Haze The Hobo
on 06/03/2018, 11:27:40 UTC

Apparently you are affiliated to the BTCP team to promote (agressively) things (again, please stop), I don't care of the 1.5%, neither of this coin, the tool is just an alternative for people not to  be fxcked by rules they did not decide and manage things by themselves, just curious about what is going on here, the wallet is a piece of shxt, the explorer the same, read again my article on the subject and you will find quite a lot of similarities

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This is how Z coins work. You have to put freshly mined coins to Z address before you can transfer them.

Yes, but that's not what we are talking about here, we are talking about transferring coins from before the fork to after the fork, or from after to after, but not about reward coins


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Prefork to coin is considered as "freshly mined coin", this rule doesn't solely apply to mined coins. All new coins that have to be deposited in Z first.

That's not clear again, do you mean that all coins moved/claimed from before the fork (who does not appear in the explorer) must go through a z-address too? That's not possible, how is this explained/specified?

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If you don't care about the 1.5% fee, why you are constantly promoting your tool? How could people trust random guys tool more than official wallet? If you don't care about the fee, neither the coin, why you keep posting here?

That's explained above, to give an alternative to people, for example here not to get stucked in a z-address with the buggy wallet if they don't want to, the 1.5% is to compensate the dev effort forf the tool, not sure what is your big problem with this, BTCP also rewards devs and that's much more than 1.5%

If you take 5mn to look at the tool and the "random guy" instead of criticizing without knowing what you are talking about, then you will see that they don't come from nowhere and people are interested by this work, your can have your opinion but let others have their own, and I dislike this kind for comment from someone hidding behind a pseudo not knowing what he has achieved so far

And with the tool you only disclose the keys to yourself, you don't have to give them to some wallets that might sweep things in a way you don't know/want

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I am not affiliated to BTCP in any matter. Well basically I am, since I'm mining it and have some coins. These are the affiliations I have, so no connection to BTCP team.
BTCP team has released steps for march and some of these issues are listed there. Give it some time and take it easy, things don't happen in minutes. There is also BTCP support page where you can ask help.

https://www.reddit.com/r/BitcoinPrivate/comments/821f67/bitcoin_private_postfork_march_sprint/

Giving some time, maybe, but mistakes are accumulating, if you are not ready, then just don't launch, the wallet is buggy (and was even launched in a kind of testnet mode), the explorer does not work, the process to move coins is unclear, the support does not really answer to github issues, etc, etc, etc this does not give a feeling of seriousness and the lack of communication does not really help too (this is very vague what is stated in the reddit post)



I don't talk about coins what was moved before fork. Most of them come out of mining pools and pools use Z address before paying out balances to T address. Mined coins always has always been put to Z address in the first place. Coins created in the fork need to be put in Z address first, as most of them were directly awarded to T address. You can find tons of documentation about how Z coins work, read some of that documentation and you'll notice this is normal procedure. I don't really understand what makes this so scary process?

Maybe biggest reasons for the launch before wallet was tested was the pure pressure given by community. They already postponed the launch once, so there was no chance they could've done it twice. In my opinion BTCP electrum wallet works as intended. Full node wallet has few issues with blockchain sync, but I think this is due to me being lazy and downloading the blockchain instead of syncing the block my self. But I issues this problem to developers and hope they can fix it, since blockchain sync from 0% takes ages.

Also I went through your linkedin profile and read few of those blogs. You seem trustworthy, but still you are a random guy to me. I wouldn't trust you more than the guys who's coin I hold. If it's too scary to claim your BTCP with old wallets private key, transfer your old funds to different wallet before using the key. Problem solved, no 1.5% fee paid to you and no nightmares about losing old coins.

As stated before, if you don't trust the developers, don't invest in their coins. If you invest and don't trust them, well maybe your tin hat is too tight.

Explorer works fine to me.
https://btcp.blockexplorer.link/