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Another Android wallet
by
BitcoinV
on 02/11/2019, 13:27:53 UTC
REEL WAGER LLC has just created an Android BitcoinV wallet for the community. There are now many ways to hodl your BitcoinV!
This wallet supports native segwit addresses.

Go to the Google Play store to download:

https://play.google.com/store/apps/details?id=com.reelwager.wallet

Other BitcoinV wallets can be found on the BitcoinV website:

www.bitcoinv.org
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Re: BitcoinV - New Android wallet
by
BitcoinV
on 02/11/2019, 02:44:12 UTC
Get the BitcoinV Android wallet from the Google Play store:

https://play.google.com/store/apps/details?id=org.bitcoinv

Latest version just release (v1.1.7)

How did you do that ?   

Any tutorials that you would suggest ? Thanks

How did I create the Android wallet? Well, I can't answer that in a few sentences. You must know how to program in Java/Kotlin. You must have an understanding of Android. Go grab any decent Android book and read it. Then go look through the Bitcoin codebase and study their code. Eventually with enough experience you will be able to program any Android app to do what ever you want! It is very difficult to do if you have never programed before. Good luck, let Google be your friend!
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Satoshi's Missing Link
by
BitcoinV
on 14/10/2019, 13:26:21 UTC
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BitcoinV - New Android wallet
by
BitcoinV
on 08/10/2019, 12:21:35 UTC
Get the BitcoinV Android wallet from the Google Play store:

https://play.google.com/store/apps/details?id=org.bitcoinv

Latest version just release (v1.1.7)
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 28/09/2019, 16:01:55 UTC
for a non miner what do i expect in collecting this coin and how do you encourage people like me to be in Bitcoin V?



Great question. At first, BitcoinV may appear to be a coin only for the miners, but the appeal to the miners actually makes it better for the non-miners as well. Users of a coin (the people with wallets and balances) want the blockchain to be as safe and stable as possible. When BitcoinV becomes more mainstream, the Variable Block Rewards (VBR) feature will start encouraging the miners to mine SOLO and become scattered. This promotes more decentralization which in turn satisfies the users by having the hash power and wallets being more scattered. BitcoinV is a win for the miners and the users.
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BitcoinV - Reaching new exchanges
by
BitcoinV
on 25/09/2019, 03:56:21 UTC
Thanks for your support on our mission of providing more decentralization. BitcoinV is on Graviex and BitParax. Our goal is to reach Binance and Bitrex. Please support us by donating:
ETH:
0x43827Cd6AFDAA8bfa78D789e13Cbcf119c64729e
LTC:
MRN6HrqLHHUFAop3LwD1kpugzk7VUgknk8
BTC:
17yVfEbGZqX1Ce4qTmv4QD29DfeohPq2zi

Thanks!
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Satoshi's Missing Link - VBR Decentralization Algorithm
by
BitcoinV
on 22/09/2019, 16:48:30 UTC
Satoshi's Missing Link - VBR Decentralization Algorithm

Find out more at:

http://bitcoinv.org
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BTCV Android wallet released on Google Play
by
BitcoinV
on 17/09/2019, 12:50:43 UTC
BTCV Android wallet released on Google Play store today. Download the wallet to stay up to date.
https://play.google.com/store/apps/details?id=org.bitcoinv
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 17/09/2019, 00:04:58 UTC
more decentralized than Bitcoin but how many are actually using this coin for the same purposes of Bitcoin? are miners the only ones who are interested on this?
wondering how far is the scope of this coin?
BTCV is new and thus not known to many people. BitcoinV offers a feature that Bitcoin should have embedded in its original codebase. The Variable Block Reward (VBR) feature naturally forms more decentralization by incentivizing miners to go for the larger block rewards by SOLO mining. Similar to the LOTTO, many people keep playing to try and hit it big.

BitcoinV is and always will be Bitcoin's latest released codebase with the VBR feature embedded inside. This offers the same code quality as Bitcoin. Think of McDonalds vs Burger King. McDonalds invested a lot of money to figure out strategy and execute. Burger King simply just built stores next to McDonalds and made a similar menu. People still enjoy eating at Burger King.
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BitcoinV iOS Wallet on the App Store
by
BitcoinV
on 16/09/2019, 23:28:20 UTC
BitcoinV has released an iOS wallet for BTCV. Get it on the App Store now!
https://apps.apple.com/us/app/bitcoin-v-wallet/id1480120921?ls=1
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BitcoinV iOS Wallet
by
BitcoinV
on 14/09/2019, 19:58:59 UTC
REEL CODERS LLC has finished creating the iOS BitcoinV wallet. The iOS BTCV wallet should be available for download from the AppStore in the next week. REEL CODERS LLC has published slot machines on the AppStore and has been ranked as the #57 slot machine earlier this year.
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New BitcoinV Release v0.18.1
by
BitcoinV
on 14/09/2019, 16:15:44 UTC
New BitcoinV Release v0.18.1

https://github.com/bitcoinVBR/bitcoinV/releases/tag/v0.18.1

Merged BitcoinV VBR feature into Bitcoin v0.18.1:
https://github.com/bitcoin/bitcoin/releases/tag/v0.18.1

Use bitcoin.conf setvbrmultiplier option to set VBR amount.
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BitcoinV - Mining Pools
by
BitcoinV
on 13/09/2019, 13:15:47 UTC
New pool added to BitcoinV. They are listed here:

https://miningpoolstats.stream/bitcoinv

As always, BitcoinV creates a more decentralized version of Bitcoin. Solo mining is encouraged.
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 20/07/2019, 02:20:25 UTC
Oh by the way, everytime i have restart the bitcoind, i have to type back in console :  settxfee 0.0002      otherwise the payments would not occur.


To solve the problem with the fees not set up with     fallbackfee      that is not installed.



Also the bitcoin-qt.exe in windows, i must start it with     -fallbackfee     to make withdraws transactions possible.


IT's no big deal tho Tongue



In the bitcoin data directory, there is a file called fee_estimates.dat, my file is about 248Kb. Try opening the GUI qt and sending some BTCV without using  -fallbackfee and set the transaction fee to Recommended 2 blocks. You may need to wait for this data file to grow before a good estimate is possible. There is no harm to continue using the fallbackfeeoption. The price of BTCV is so low that who cares, now if this was Bitcoin we would have to worry about the extra cost associated with using a larger fallbackfee.
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 20/07/2019, 02:08:54 UTC

No, you would mine at a higher multiplier such as x16 until the difficulty level goes down to a level you like. Keep in mind this is only really possible in the early stages of the coin (like right now). Once the difficulty level gets low (around 200k) you could crank up the hashpower and the multiplier to x4096 or something even higher and start mining a ton of coin.


But i've tried from x1 to x16 and the difficulty remains the same.


I guess i would have to wait more ?

The difficulty level of BitcoinV adjusts every 48 blocks, much quicker than Bitcoin.
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 20/07/2019, 01:40:41 UTC
Also, is it possible to put the pool's core to the 'jackpot block reward' option ?

You can put the multiplier to 2^20 if you'd like(JACKPOT). You probably will never mine a block, its like the lotto, you don't expect to win but you can't win if you don't play.
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 20/07/2019, 01:38:46 UTC

Experimentation is part of BitcoinV mining. Mining at x32 is 32 times more difficult than x1. If you mine about 32 blocks every hour, expect about 1 per hour if you change the multiplier to x32. The early miners should really try and mine high reward blocks, but the current difficulty is too high, try lowering the difficulty level before mining really high multipliers. (Yes, you can lower the difficulty).

We just find a block with x16 in less than 40 minutes that's great !


To lower the difficulty we would have to just mine for a while with x1 ?


Or just don't mine at all until difficulty goes down ?



Thanks

No, you would mine at a higher multiplier such as x16 until the difficulty level goes down to a level you like. Keep in mind this is only really possible in the early stages of the coin (like right now). Once the difficulty level gets low (around 200k) you could crank up the hashpower and the multiplier to x4096 or something even higher and start mining a ton of coin.
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 19/07/2019, 23:17:10 UTC


Thanks! Happy to hear!

The coin is still young and unknown. The multiplier option not only gives variable block rewards, but can create a more decentralized form of Bitcoin by incentivizing SOLO miners to keep trying to mine for a very large block reward.  As mentioned earlier, take advantage of boosting the block multiplier while few miners are mining. Once many more miners come onboard it will be more difficult to mine the larger block rewards.


Oh yes i 've tried of the course x1, then the x2 for around 3 hours it was really well.

And now we're trying the x16.


There is one thing tho, is that we still need block confirmations tho, and as we are the only one, or almost, mining it and giving it some hashrate, no blocks are getting discovered as long as we put a too high multiplier.


I think i'll go for x16 now, and then put it back at x1 to confirm it during one hour or so.


And then try again something higher, like x32, or probably more, will see i guess.


Are you mining too ?


Thanks

Experimentation is part of BitcoinV mining. Mining at x32 is 32 times more difficult than x1. If you mine about 32 blocks every hour, expect about 1 per hour if you change the multiplier to x32. The early miners should really try and mine high reward blocks, but the current difficulty is too high, try lowering the difficulty level before mining really high multipliers. (Yes, you can lower the difficulty).
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 19/07/2019, 19:52:57 UTC

The difficulty level adjustment algorithm does not prevent a miner from mining blocks at a very fast rate, it only tries to adjust the difficulty over time to try and maintain 6 blocks per hour. It will never get an exact 6 blocks per hour.

The multiplier makes it harder to mine blocks. It you are mining at x1 and find B blocks per hour, you would expect to find B/2 blocks per hour if mining at x2 with the same difficulty level.

There is an incentive to mine for a multiplier of at least x32: (2^5). Take a look at the code and you see some extra mining power added to make it a little easier for you to mine
https://github.com/bitcoinVBR/bitcoinV/blob/master/src/variable_block_reward.cpp



I see!

Thanks Smiley !!


Your coin rocks by the way !


Gotta love that multiplier option :p

Thanks! Happy to hear!

The coin is still young and unknown. The multiplier option not only gives variable block rewards, but can create a more decentralized form of Bitcoin by incentivizing SOLO miners to keep trying to mine for a very large block reward.  As mentioned earlier, take advantage of boosting the block multiplier while few miners are mining. Once many more miners come onboard it will be more difficult to mine the larger block rewards.
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Re: BitcoinV - Bitcoin with Variable Block Rewards
by
BitcoinV
on 19/07/2019, 18:47:25 UTC
Also what will happen if, we've found like almost 18 coins in less than one hour.


But you said 6 blocks per hour.


And then now we change the multiplier, which is at only default x1, to x512.


As we had a lot of block in tiny amount of time, does it mean we 're not going to have block for like 3 hours ?


Because 18 = 6  x 3     -   18 blocks we already found ,   6 blocks per hour default  and 3 hours without block.


Does it make sense :O ?



Thank you

The difficulty level adjustment algorithm does not prevent a miner from mining blocks at a very fast rate, it only tries to adjust the difficulty over time to try and maintain 6 blocks per hour. It will never get an exact 6 blocks per hour.

The multiplier makes it harder to mine blocks. It you are mining at x1 and find B blocks per hour, you would expect to find B/2 blocks per hour if mining at x2 with the same difficulty level.

There is an incentive to mine for a multiplier of at least x32: (2^5). Take a look at the code and you see some extra mining power added to make it a little easier for you to mine
https://github.com/bitcoinVBR/bitcoinV/blob/master/src/variable_block_reward.cpp