Quote from: richc1us on March 25, 2018, 03:19:25 PM

Quote from: BTCPrivate on January 01, 2018, 09:32:02 PM

https://i.imgur.com/moAWiqo.png

Update: The fork began on March 2, 2017 and finished on March 3, 2017. You can read more on how to claim your BTCP here.

BITCOIN PRIVATE

Similar to Bitcoin, BTCP will support peer-to-peer transactions without an intermediary. These transactions will be verified by network nodes through the use of cryptography and recorded in a public ledger. Unlike Bitcoin, BTCP supports an increased block size and block time for faster transactions with lower fees. Furthermore, transactions can be performed on a private (z) ledger. When sending from one private address to another, the sender, recipient, and amount are all private.

You can read our whitepaper here.

The importance of Bitcoin Private

Recently, it has become clear that the crypto communitys privacy is at risk. Everytime one makes a transaction on the Bitcoin blockchain, the transaction is recorded on the blockchain in perpetuity for anyone to see. We have seen the BitFury Group use this information to de-anonymize over 15% of the entire Bitcoin network, along with many other examples. This led us to create Bitcoin Private (BTCP) - a fork-merge of the ZCL & BTC blockchains and introduction of the zk-SNARKS feature to Bitcoin.

The hard fork will allow users to safely transfer their digital currency without any threat to their privacy, known as shielded transactions, on the Bitcoin Private blockchain. For example, transactions would still take place on this Bitcoin based blockchain, except without being recorded on the public ledger -- leaving absolutely no trail of your transaction details to anyone other than the sender and recipient. This has never been done before with any Bitcoin hard fork. Ultimately, privacy was once a cornerstone of Bitcoin but can no longer be guaranteed today.

Aside from the shielded transactions, Bitcoin Private is also making transactions faster and more efficient by doubling the Bitcoin block size from 1MB to 2MB and decreasing the block time from 10 min to 2.5 min.

The Future of BTCP

We have posted a "March Sprint" on reddit which details our immediate plans after the fork. You can read more about it here. A long term, high level roadmap is forthcoming.

Moving forward, the Bitcoin Private team will continue securing appropriate partnerships to bolster the Bitcoin Private initiative. You should expect announcements around these partnerships to continue throughout 2018 as we seek to build a sustainable technology platform.

We anticipate our development team to continue growing in headcount and skill set, which allows us to build out our ambitious post-fork technology roadmap. The successful execution of our roadmap will allow Bitcoin Private to deliver superior value to other Bitcoin hard forks, especially around privacy and transaction speeds. Ultimately, we believe in a cryptocurrency world where everyone can trust their privacy will be respected.

BTCP Specifications

Circulating coin supply: 20.3 million
Total coin supply: 21 million
Block reward: 1.5625 BTCP
Block time: 2.5 min
Block size: 2 MB
Halving schedule: 210,000 blocks
Privacy protocol: zk-SNARKs

FREQUENTLY ASKED QUESTIONS

Who is running the project?
See our team here.

Was there a premine or a founder's reward?
No.

How do I mine BTCP?
See https://btcprivate.org/pools.html

How do I get involved in BTCP?
Please reach out to us on Reddit, Twitter, Discord, or Telegram.

How do I claim my BTCP from ZCL and/or BTC?
See this reddit post.

How many BTCP will there be after the fork?
There are approximately 3 million ZCL and approximately 16.7 million BTC, so there will be approximately 19.7 million BTCP after the fork.

Can I donate to the team?
Yes you can! We're all volunteers and as such your donation is greatly appreciated. See the below wallet addresses.

Bitcoin Private (BTCP)
Website: https://www.btcprivate.org
Support: https://support.btcprivate.org
Press: https://btcprivate.org/press.html
Team: https://btcprivate.org/team.html
Wallets: https://btcprivate.org/#wallets
Pools: https://btcprivate.org/pools.html
Github: https://github.com/BTCPrivate/BitcoinPrivate
Whitepaper: https://btcprivate.org/whitepaper.pdf

Social Media
Twitter: http://www.twitter.com/bitcoinprivate
Telegram Group: http://t.me/bitcoinprivate
Telegram Announcements: http://t.me/bitcoinprivatenews
Coinmarketcap: TBA after exchange listings
Reddit: https://www.reddit.com/r/BitcoinPrivate/
Discord: http://discord.gg/9DyxXnx

Exchanges
HitBTC and TradeSatoshi
Support: KuCoin (BTC) and Bittrex (ZCL)

Contribution Team Donation Addresses:

BTCP: b1GqM8B97ZUAbccnTuUAnV4y3siEcVrjNQp
BTC: 1CqSD9rxdQnKEwzqqbLwpgwCeQikFCifPj
LTC: LNYzDrUeX6PSecu4sL4eZkuJGaSXnf8GUH
BCH: 1MxJteinBWHMUibDxADujrgzXfX1LeVZKN

BTCPrivate, your post was 1 year too early. Its forked 2018, not 2017. Please correct it.

Maybe there was some crack in the space time continuum. Grin

I am keeping my BTCP. From the beginning I wanted to keep them at least about a year.
Everybody that is screaming and yelling wanted to make fast profit.
All the others are just sitting back, waiting and enjoying the discussion.