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Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
Very good point. I've had the remove all ads. It's done.Thank you.
And then you goes further in troubling yourself with using contact privacy inc. to hide details of your website. No team, no additional details to identify yourself, while your service relies heavily on remittance and payment gateway. Why is this?
Sir, we will go as far as we must to create more privacy that you complaining about. We are not a Bank, Cental Institute, Company, Start-up, Exchange, STO, ETO or ICO.
Nobody controls Bitcoinrand, it is decentralized.
Funny you ask this. Have you never heard of a thing called whois guard?
Do you not know that who is Guard secures makes your domain less vulnerable to attackers?
Is satoshi's contact name on bitcoin.org?
We have all our social and contact platform links listed.
And comparing satoshi's anonymity to yours is rather a classic move. They're a pioneer, they got a privilege, and they were proven by time.
Talking about all social and contact platform links listed, though, it's interesting that you bring this up as your rebuttal for the anonymity. Which social and contact platform is this that should assure us that you're legit? Because I've been to your WP, telegram, twitter, and linkedin, I haven't seen any face to be put into a name.
Also curious, none of the token from total supply or circulating supply were allocated for the team? At all?
Proven by time? What had to be proven of them? The proof was in the cryptographic algorithm that is instantly proven by logic. Not time. You folks seem to have 0 decentralization understanding. You'll are complaining that a decentralized project doesn't have centralized info? Are you'll for real? Go work at a bank.Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
I hate to be the one to say it. You're all cryptocurrency critics yet are arguing for the opposite of the core benefits of cryptocurrency as well as the main problem which the purpose of crypto in Satoshis mission was to remove.
I'll quote from the Bitcoin whitepaper by Satoshi Nakamoto:
"What is needed is an electronic payment system based on cryptographic proof instead of trust,
allowing any two willing parties to transact directly with each other without the need for a trusted
third party.
If you'll are trying to trust the team on a project created to remove the need for trust. Well folks, please get some logical understanding before teaching those trying to learn the opposite of what the mission of Bitcoin and Cryptocurrency is in regard to trust.
I'll quote from the Bitcoin whitepaper by Satoshi Nakamoto:
"What is needed is an electronic payment system based on cryptographic proof instead of trust,
allowing any two willing parties to transact directly with each other without the need for a trusted
third party.
If you'll are trying to trust the team on a project created to remove the need for trust. Well folks, please get some logical understanding before teaching those trying to learn the opposite of what the mission of Bitcoin and Cryptocurrency is in regard to trust.
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
Bitcoinrand has a 2 minute block target time. Bitcoin is 10 minutes target and we see it happen rather often that a block sometimes takes 30 to 60 minutes to hit.
If a large number of miners shut down at a similar time, the network will slow down in confirmation time until it readjusts every 2016 blocks.
Bitcoin averages 144 blocks per day so 2016/144 = 14 Days.
Therefore, the difficulty of the bitcoin network adjusts every 14 days. So in between, no matter how the hashrate increases or decreases, 2016 blocks will have the same difficulty.
For an attacker to double spend, he'd have to catch up to the main chain blocks number.
Bitcoinrand looked at all the pros and cons of Bitcoin and broke down the analytical data over the years to see how can we improve it from speed to security, reliability and establish mined coins that will maintain purchasing power over long periods of time.
We target a block every 2 minutes and readjust difficulty every 5 blocks.
You can tell how the longer the chain gets, it would make an attack 10^2016 times more improbable for an attacker to catch up than if he attempted to on Bitcoin.
The Bitcoin halving occurs every 630000 blocks. At an average of 10 minutes a block, that's about every 4 years. We have noticed the effects of this halving on electricity consumption as well as how long miners would profit of mining with the latest Asics at the time.
The halving is too often when we now see how quickly CPU power innovation is increasing dramatically.
Bitcoinrand halves every 2.3 million blocks. At 2 minutes a block, that's approximately 8.76 years for a halving to occur.
The halving being so soon on bch made it vulnerable to an attack that was luckily saved.
We needed to find a way to not have miners shut down so quickly. 8 to 9 years based on our research shows strong uptrend over the period point a to b. 4 years is not. That causes uncertainty and miners power down.
We will keep adding more info on the Bitcoinrand blockchain to the whitepaper as we educate the community on why it is the way it is.
We did not just randomly choose numbers. We looked at all the ups and downs and wanted to improve a phenomenal wheel called by adding a new tire, not reinvent the wheel.
We needed a way to make Satoshis vision of a digital electronic cash system a reality by building on top and amending his ingenious algorithms.
It is far too early in the chain to tell if it's going to work as planned for 306 years but so far. I'm surprised at how the plan is seamlessly just fitting together perfectly!
Keep it up, folks. Get mining. Run full nodes.
Let's do this.
Stand up! Stand tall! Stand with BZAR!
If a large number of miners shut down at a similar time, the network will slow down in confirmation time until it readjusts every 2016 blocks.
Bitcoin averages 144 blocks per day so 2016/144 = 14 Days.
Therefore, the difficulty of the bitcoin network adjusts every 14 days. So in between, no matter how the hashrate increases or decreases, 2016 blocks will have the same difficulty.
For an attacker to double spend, he'd have to catch up to the main chain blocks number.
Bitcoinrand looked at all the pros and cons of Bitcoin and broke down the analytical data over the years to see how can we improve it from speed to security, reliability and establish mined coins that will maintain purchasing power over long periods of time.
We target a block every 2 minutes and readjust difficulty every 5 blocks.
You can tell how the longer the chain gets, it would make an attack 10^2016 times more improbable for an attacker to catch up than if he attempted to on Bitcoin.
The Bitcoin halving occurs every 630000 blocks. At an average of 10 minutes a block, that's about every 4 years. We have noticed the effects of this halving on electricity consumption as well as how long miners would profit of mining with the latest Asics at the time.
The halving is too often when we now see how quickly CPU power innovation is increasing dramatically.
Bitcoinrand halves every 2.3 million blocks. At 2 minutes a block, that's approximately 8.76 years for a halving to occur.
The halving being so soon on bch made it vulnerable to an attack that was luckily saved.
We needed to find a way to not have miners shut down so quickly. 8 to 9 years based on our research shows strong uptrend over the period point a to b. 4 years is not. That causes uncertainty and miners power down.
We will keep adding more info on the Bitcoinrand blockchain to the whitepaper as we educate the community on why it is the way it is.
We did not just randomly choose numbers. We looked at all the ups and downs and wanted to improve a phenomenal wheel called by adding a new tire, not reinvent the wheel.
We needed a way to make Satoshis vision of a digital electronic cash system a reality by building on top and amending his ingenious algorithms.
It is far too early in the chain to tell if it's going to work as planned for 306 years but so far. I'm surprised at how the plan is seamlessly just fitting together perfectly!
Keep it up, folks. Get mining. Run full nodes.
Let's do this.
Stand up! Stand tall! Stand with BZAR!
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
Very good point. I've had the remove all ads. It's done.Thank you.
And then you goes further in troubling yourself with using contact privacy inc. to hide details of your website. No team, no additional details to identify yourself, while your service relies heavily on remittance and payment gateway. Why is this?
Sir, we will go as far as we must to create more privacy that you complaining about. We are not a Bank, Cental Institute, Company, Start-up, Exchange, STO, ETO or ICO.
Nobody controls Bitcoinrand, it is decentralized.
Funny you ask this. Have you never heard of a thing called whois guard?
Do you not know that who is Guard secures makes your domain less vulnerable to attackers?
Is satoshi's contact name on bitcoin.org?
We have all our social and contact platform links listed.
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
Fellow Suid afrikaner. Nice, maar mining is soos needle in haystack soek. hoe lyk dit met so 500k bonus vir jou fellow boertjie? RJXEprVQkai1YQfhczjS9pdMDLNSnymVEg Van daai groot premine wat jy het
Is meneer op onse Telegram?
Ek gaan meneer a prsentjie gee daar binne.
https://t.me/bitcoinrand
https://chat.whatsapp.com/Jt0sZKdSVio3RfTJiK6v6g
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
--snip--
*ATTENTION! Many new launched coins contains Viruses and Malwares . Some wallets showing a false malware or virus flag because of the integrated miner. Nevertheless we strongly recommend you to scan the wallets before using it. Use as example https://www.virustotal.com/gui/ to scan the files for malicious ware*
Wallet is free of virus according to virus total, although it's not a guarantee that project is worth investing, judging from their site that's populated with ads. It's a questionable decision for a professional project to do such action
Very good point. I've had the remove all ads. It's done.Thank you.
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
I think in order to develop the project better you need more bonus programs for the community
We are doing a lot. Open to more ideas as well.
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
How are you going to assure your followers that you will send the money for example to Nelson Mandela Charity Foundation? You allotted one address for this but how are they going to get it in fiat? And is there any documentation/proof once you sent it to them? I like the idea but a lot of these charitable stuffs here in the forum don't really materialized. Just a front to gain good reputation.
This won't be private handoffs. They would all be done publicly and have media covering everything as well as beneficiaries publicly accepting the payment over the blockchain. For example, below is our plan to meet today to discuss how we'd do this.
https://www.dropbox.com/s/blv4zg55h1nvhj4/FireShot%20Capture%20229%20-%20Untitledhh.png%20%281134%C3%97784%29%20-%20.png?dl=0
Re: Bitcoinrand (BZAR) - Officcial Bitcointalk Announcement
Hi,
All genesis block coins are used for various reasons.
Examples:
50 Million dedicated to below:
https://bitcoinrand.com/bitcoinrand-bep20-binance-smart-chain/
-----
Poker Series and Who wants to be a millionaire competitions.
http://explorer.bitcoinrand.com/address/RBXtJWv9CwAtwZTq8YeH2Mza2oukdHmxNF
-----
Going to the Nelson Mandella Charity foundation
http://explorer.bitcoinrand.com/address/RU2mJxagxfKfrVFU7RKtuf8rZ4hnGugfJS
--------
Over 10 million already given in airdrops.
------------
1 Million Was auctioned.
ETC.
All genesis block coins are used for various reasons.
Examples:
50 Million dedicated to below:
https://bitcoinrand.com/bitcoinrand-bep20-binance-smart-chain/
-----
Poker Series and Who wants to be a millionaire competitions.
http://explorer.bitcoinrand.com/address/RBXtJWv9CwAtwZTq8YeH2Mza2oukdHmxNF
-----
Going to the Nelson Mandella Charity foundation
http://explorer.bitcoinrand.com/address/RU2mJxagxfKfrVFU7RKtuf8rZ4hnGugfJS
--------
Over 10 million already given in airdrops.
------------
1 Million Was auctioned.
ETC.
Bitcoinrand: A Peer-to-Peer South African Electronic Cash System
Officcial website: https://bitcoinrand.com
Officcial website: http://explorerbitcoinrand.com
An innovative new kind of money for South Africa! A purely peer-to-peer version
of South African electronic cash would allow payments to be sent directly from one
party to another without going through a financial institution.
Bitcoinrand started in early 2020 as an experimental digital currency. We have faced many
challenges to get to this point where we are now aiming to free the South African population from
the fiat-based monetary system. It is a non-profit based project. No business models are used.
Our vision is to change the way that most of the population see money and create a store of value
that maintains purchasing power over long periods of time.
We aim to achieve the vision of Satoshi with the Republic of South Africa. We believe that
Bitcoin has become a store of value and not the electronic cash it was intended to be. We have
come up with a solution for people to send 10 BZAR with a fee of 0.0002 BZAR. Where the
supply will not mathematically allow a pump and dump whilst also having block rewards that
would incentivize miners to keep the network stable and secure. We want a hawker selling fruits
and vegetables for 6.00 ZAR to be able to accept payment in BZAR since she cannot get a bank
account and cash in most areas are of high risk for the majority.
Properties
Compiling OS Ubuntu 18.04 LTS
Source branch 0.17
Algorithm SHA-256
Block type Proof-of-Work
Coin name Bitcoinrand
Coin abbreviation BZAR
Address letter R
Address letter testnet 9
Coin unit Kruger
RPC port 19451
P2P port 19452
Block reward 230 coins
Block halving 2300000 blocks
Coin supply 1248000000 coins
Genesis block amount 190000000 coins
Website URL https://bitcoinrand.com
Github URL https://github.com/bitcoinrand/bitcoinrand
Advanced properties
Coinbase maturity 20 ( + 1 default confirmation) blocks
Target spacing 2 minutes
Target timespan 10 minutes
Transaction confirmations 6 blocks
Node 1 node1.bitcoinrand.com
Node 2 node2.bitcoinrand.com
Last block with reward 80500000
Time until last block 306 years, 1 months, 10 days, 13 hours
Officcial website: https://bitcoinrand.com
Officcial website: http://explorerbitcoinrand.com
An innovative new kind of money for South Africa! A purely peer-to-peer version
of South African electronic cash would allow payments to be sent directly from one
party to another without going through a financial institution.
Bitcoinrand started in early 2020 as an experimental digital currency. We have faced many
challenges to get to this point where we are now aiming to free the South African population from
the fiat-based monetary system. It is a non-profit based project. No business models are used.
Our vision is to change the way that most of the population see money and create a store of value
that maintains purchasing power over long periods of time.
We aim to achieve the vision of Satoshi with the Republic of South Africa. We believe that
Bitcoin has become a store of value and not the electronic cash it was intended to be. We have
come up with a solution for people to send 10 BZAR with a fee of 0.0002 BZAR. Where the
supply will not mathematically allow a pump and dump whilst also having block rewards that
would incentivize miners to keep the network stable and secure. We want a hawker selling fruits
and vegetables for 6.00 ZAR to be able to accept payment in BZAR since she cannot get a bank
account and cash in most areas are of high risk for the majority.
Properties
Compiling OS Ubuntu 18.04 LTS
Source branch 0.17
Algorithm SHA-256
Block type Proof-of-Work
Coin name Bitcoinrand
Coin abbreviation BZAR
Address letter R
Address letter testnet 9
Coin unit Kruger
RPC port 19451
P2P port 19452
Block reward 230 coins
Block halving 2300000 blocks
Coin supply 1248000000 coins
Genesis block amount 190000000 coins
Website URL https://bitcoinrand.com
Github URL https://github.com/bitcoinrand/bitcoinrand
Advanced properties
Coinbase maturity 20 ( + 1 default confirmation) blocks
Target spacing 2 minutes
Target timespan 10 minutes
Transaction confirmations 6 blocks
Node 1 node1.bitcoinrand.com
Node 2 node2.bitcoinrand.com
Last block with reward 80500000
Time until last block 306 years, 1 months, 10 days, 13 hours
Post your wallet address in the comments to get an airdop between 500 - 100,000 BZAR.
Get wallet from https://bitcoinrand.com
Get wallet from https://bitcoinrand.com
Bitcoinrand is an experimental digital currency that enables instant payments to anyone, anywhere in the world with South Africa as its mass adopted location. Bitcoinrand uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoinrand Core is the name of open source software which enables the use of this currency.
http://Https://bitcoinrand.com
https://github.com/bitcoinrand/bitcoinrand
http://Https://bitcoinrand.com
https://github.com/bitcoinrand/bitcoinrand