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Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
Hi everyone,
Essentially, Bitbucks was launched as an economic experiment. It did only one thing, and that was to put Bitcoin's inflation schedule into hyperdrive. This would allow us to see how individuals would cope socially, in the market, etc. There is one major flaw in that experiment, as Bitcoin's expansive base WAS formed over the long tenure of steady inflation, not hyperinflation. Any conclusions drawn from Bitbucks' correlation with Bitcoin would be rendered irrelevant, as the model is unfeasible and simply unrealistic to create that base that Bitcoin has, and build on top of that. There is no point in running an experiment when you already know the results, and in this case, once the PoW ends, the chain would stop propagating due to the lack of miners. As the Bitbucks platform does not have any value.
In this case, we will be doing something entirely new. The Bitbucks platform will switch to a token model on a Python blockchain platform. This is exciting stuff, as we will be pretty much the first official token project built on any Python platform. There will be a rebrand. There will also be a whitepaper release. And there will be a swap between the Bitbucks coin to the token.
There will be more information available soon. Before we facilitate any swap, we first have to get on an exchange, and we are working on that at the moment.
Regards,
The Bitbucks Team
Essentially, Bitbucks was launched as an economic experiment. It did only one thing, and that was to put Bitcoin's inflation schedule into hyperdrive. This would allow us to see how individuals would cope socially, in the market, etc. There is one major flaw in that experiment, as Bitcoin's expansive base WAS formed over the long tenure of steady inflation, not hyperinflation. Any conclusions drawn from Bitbucks' correlation with Bitcoin would be rendered irrelevant, as the model is unfeasible and simply unrealistic to create that base that Bitcoin has, and build on top of that. There is no point in running an experiment when you already know the results, and in this case, once the PoW ends, the chain would stop propagating due to the lack of miners. As the Bitbucks platform does not have any value.
In this case, we will be doing something entirely new. The Bitbucks platform will switch to a token model on a Python blockchain platform. This is exciting stuff, as we will be pretty much the first official token project built on any Python platform. There will be a rebrand. There will also be a whitepaper release. And there will be a swap between the Bitbucks coin to the token.
There will be more information available soon. Before we facilitate any swap, we first have to get on an exchange, and we are working on that at the moment.
Regards,
The Bitbucks Team
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
We are 75% of the way into the first halving. After block 10,500, block subsidy will be reduced from 1,000 coins to 500 coins.
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
https://CVMpool.pw/
+ Bitbucks [BBS] +
Code:
-a sha256 -o stratum+tcp://cvmpool.pw:2701 -u -p x
NICEHASH
Code:
Pool host: cvmpool.pw
Pool port: 3701
Pool user:
Pool pass: x
Algorithm: SHA256
Pool port: 3701
Pool user:
Pool pass: x
Algorithm: SHA256
https://CVMpool.pw/
pool support & community of miners
english | pyccкий
https://discord.gg/YCtYMTN
I have added your pool to the OP, thank you.
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
We are 30% of the way into the first halving, in around 4-5 days, the block subsidy will be halved from 1000 coins to 500 coins.
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
website? roadmap?
More information on that stuff will be available in the future.
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
Your speed Bitcoin clone looks to be great. But it is hard to believe you would implement your plans.
The rapid inflation schedule was built-in from launch.
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
EQpool.com
http://eqpool.com
we are added Bitbucks for mining!
All miners WELCOME!!! Very low pool fee... only 1%
All ports Nicehash and Miningrigrental friendly!
http://eqpool.com
we are added Bitbucks for mining!
Code:
-a scha256 -o stratum+tcp://eqpool.com:3333 -u WALLET_ADDRESS -p c=BTBS
All miners WELCOME!!! Very low pool fee... only 1%
All ports Nicehash and Miningrigrental friendly!
DEV! Please add our pool on ANN message!
Added your pool to the OP, thank you.
Re: [ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
I think it's a very interesting project, would it be minerable?
Yes it is mineable, SHA256D is the hashing algorithm.
Re: [ANN] Bitbucks - SHA256D Full PoW - No ICO - Launched
I need whitepaper
There is no need for a whitepaper when the concept already exists. A technical paper may be written to present the case of the rapid inflation schedule in the near future.
Re: [ANN] Bitbucks - Rapid Inflation Schedule - SHA256D - No ICO
Bitbucks has now been added to the prelisting vote on https://sonox.io Exchange platform.
The top 3 coins will receive a contribution in SONO.
You can vote on 3 different coins every day.
So remember to come back tomorrow and vote on your project!
Sonox.io is launching officially on the 28th of August.
The top 3 coins will receive a contribution in SONO.
You can vote on 3 different coins every day.
So remember to come back tomorrow and vote on your project!
Sonox.io is launching officially on the 28th of August.
Thanks.
Re: [ANN] Bitbucks - Rapid Inflation Schedule - SHA256D - No ICO
I'm just seen a ticker conflict [BBS] with BBS coin (same ticker BBS https://bbscoin.xyz/ already listed with this ticker on TRADEOGRE.COM and ALTEX.EXCHANGE )
It's really a shame not to do a 5 minutes search for ticker conflict before launching a new cryptocurrency! Sorry i cannot index because the price returned by api exchanges will for another coin.
It's really a shame not to do a 5 minutes search for ticker conflict before launching a new cryptocurrency! Sorry i cannot index because the price returned by api exchanges will for another coin.
Ticker symbols are often flexible (eg: Bitcoin has BTC/XBT). Another ticker will be added for Bitbucks soon (BTBS).
Re: [ANN] Bitbucks - SHA256D Full PoW - No ICO - Launched
Hello
This coin has been listed in web site and new coins groups, good luck.
Official Web Site :
http://www.AltCoinAnn.com
To add a new coin to the site(It has to be a new coin) :
http://www.altcoinann.com/addcoin.php
For communication :
http://www.altcoinann.com/contact.php
Official Discord Link :
https://discord.gg/38KDChf
Official Telegram Link :
https://t.me/AltCoinAnns
Thanks, submitted an application.
Re: [ANN] Bitbucks - Rapid Inflation Schedule - SHA256D - No ICO
discord ?
Discord invite link has been added to the OP.
Re: [ANN] Bitbucks - SHA256D Full PoW - No ICO - Launched
[ANN] Bitbucks - Condensing a 131-year emission process into 6 months - SHA256D
Bitbucks is a clone of Bitcoin, with a rapidly accelerated inflation
schedule. It features a 20-fold increase in basic block subsidy with minutely
spacing, compensated by a halving event that occurs on a weekly basis.
In short, Bitbucks is an economic experiment that features the original
Bitcoin protocol on steroids- converting lengthy 4-year halving periods into
weekly events. All while retaining the original maximum supply cap.
Bitbucks allows us to witness a century-long inflation process condensed
into the span of 6 months.
21,000,000 Max Circulating Supply
60 Seconds Block Retarget
SHA256D Full PoW
No ICO/Premine block
1000 Bitbucks per block subsidy
Reward subsidy halves every 10,500 blocks
"BTBS" ticker symbol/name abbreviation
https://pool.coin-miners.info
http://tnthash.club
https://weekendpool.net
http://eqpool.com
https://cvmpool.pw
Windows Wallet Github Source
More Coming Soon...
