Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash]
by
Ayms
on 06/03/2018, 11:56:20 UTC

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/

It's difficult to discuss with you since you focus only on what you think. Again, for people, use the tool if you like and if you don't, use something else, all what you say (moving coins,etc) is clearly explained in the repo, as well as not rushing to claim coins that you already have unless there is a good reason to do so, the tool is certainly not an alternative to this, the very same applies if you are using wallets

Anyway, we are not talking about the same thing, mined coins go to z-addresses first, everybody knows this

Here the original question/discussion is about: https://github.com/BTCPrivate/bitcoin-private-full-node-wallet/issues/32 "balances from fork need to be sent in full to a Z address before being able to be spent normally." and the fact that the wallet imposes to move/sweep your coins to a z-address

This is not normal at all to be forced by the wallet to send your coins to a z-address, dangerous and misleading for people

The conclusion is that this is just a requirement of the wallet and that coins can be moved normally, just don't use the sweep in the wallet, should it allow you to do so, if not don't use the wallet

Regarding the explorer could you please show me a BTC or ZCL address with a balance before the fork that appears there?

Would be better that BTCP team clarifies all this instead of having to guess things