Bitcoin Forum

Coin Specs


BritCoin (BRIT)
X13 Algorithm
60 second block time
PoW + PoS Hybrid
PoW ended at Block 20,000
10 Million Coins estimated in PoW phase (20 million total supply)
12 hours min stake age
5% Annual Interest on Staked coins
No IPO
No Foundation
110 Block confirmations to maturity (for mined blocks)
6 block confirmations for coin transfers
1000 Coins per block
Ports: Main=9197, RPC=9198

·
The Britcoin network is Now Under New Management with new Owners/Investors and a New Development Team that will provide a
safe, reliable, stable  and profitable virtual currency to be used and traded by everyone within Britain and throughout the entire world
Britcoin was launched with true British ethics and values in mind, values such as honesty, integrity, accountability and innovation.
Our Goal as the new Captains at the helm of the greatest Crypto ship on the planet is to adhere to those original values while bringing
Britcoin into the forefront of the new global cryptocurrency market.

Since its’s original launch in June of 2014 Britcoin has become one of the leading cryptocurrencies on the market.
To retain and protect the current and future investments in Britcoin, our new management team has and will continue to develop new and
innovative improvements to the Britcoin network including new and updated wallets, exchanges, payment gateways, merchant agreements
new online and offline marketing strategies and Britcoin ATM access.

We here at Britcoin management would like to make it perfectly clear that the Britcoin Network is in no way a “Pump and Dump” scheme,
and is in no way geared towards the enrichment of any one individual or group, but that of the entire Britcoin community.
Our investment strategy in acquiring Britcoin was based on the continued growth and development of it’s Network, community and Mass
Market Appeal. Our Foundation is the British Market, our Vision to bring Britcoin to the Worldwide Mass Market.
 
Contrary to the lack of diversification exhibited from Britcoin’s founder; the New Owner’s of Britcoin welcome not only British, but world wide
Cyptocurrency Users as well, in an all-inclusive effort to bring britcoin to the worldwide market.
Our focus is on accuracy and fair trading within the Britcoin currency network, and we have placed our best efforts into the reconstruction of
Pre-existing sites, social media marketing and advertising.
 
We strive for the continuous market capitalization growth of Britcoin and to make Britcoin the leader among all cryptocurrencies.
We operate on a peer-to-peer network which ensures that stakeholders have the opportunity to control the market in our Britcoin community.
We will conduct Britcoin business in a professional & profitable manner as both our New Owner/Investors are Experienced Business Professionals.
 Investors are welcome to assist in taking Britcoin to the next level and beyond, but are not a prerequisite to it’s growth and improvement.
Our management team is currently in contract negotiations to acquire merchant partnerships allowing the purchase of goods & services with
Britcoin currency.
 
As we previously touched upon, Britcoin (♔) was launched in June 2014 with the aim of starting a digital currency revolution in Britain.
This special coin was created to be used primarily for businesses and individuals as an easy payment method throughout the UK.
The network has proven to be stable with not a single glitch as of yet; so now we are moving on to phase 2 of this project, New innovations,
Merchant partnerships, Britcoin’s own market exchange and mass market acquisition and appeal..
We have added more anonymous transfers to BritCoin and will have more wallet updates in the future for the Mac OS.
You will soon be able to buy Britcoin via instant bank transfer, PayPal, Payza, & both Bitcoin & Dogecoin portals at buybritcoin.com.
You can also purchase BritCoin directly online at the following exchanges: Britcex.com & Allcoin.com, with other exchanges joining the network
Soon.



The New Britcoin 2.0 Team

Brock Davis (Britcoin World Citizen/English) - Owner/Developer

KD Mason (Britcoin World Citizen) - Owner/Developer

Mammix2 (Britcoin World Citizen) – Lead Developer

Noak Fransson (Britcoin World Citizen) - Designer

Danielle “Tech Diva” Thornton (Britcoin World Citizen) – Media PR/Marketing



















No central banks or government involved.
Completely secure, verified and decentralized through the public blockchain.
All users receive 5% annual interest proof of stake.
Fair distribution and equality
22 million total coin supply
11 million Britcoins in circulation

A.
Payment Freedom - Instant transactions
Worldwide access to Britcoins through ATM machines.
Send and receive any amount of money instantly anywhere in the world at any time.
There are no imposed limits. Britcoin allows its users to be in full control of their money.
Recent developments have shown drastic improvements in market exchanges.

B.
Very low transaction fees
Britcoin payments are processed with no fees or extremely small fees. Users may include fees with transactions to receive priority processing, thus resulting in faster confirmation of transactions by the network. To assist merchants in processing transactions, there are additional merchant processors which convert Britcoin
into fiat currency, which allows for daily depositing of funds directly into merchant bank accounts. As these services are based on Britcoin, they can be offered for
much lower fees than with PayPal or credit card networks.

C.
Fewer risks for merchants
Britcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information. This protects merchants from losses caused by
fraud or fraudulent charge backs, and there is no need for PCI compliance. Merchants can easily expand to new markets where either credit cards are not available
or fraud rates are unacceptably high. The net results are lower fees, larger markets, and fewer administrative costs.

D.
Security and Control
Britcoin users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods. Britcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Britcoin users can
also protect their money with backup and encryption.

E.
Transparent and Neutral
All information concerning the Britcoin money supply itself is readily available on the block chain for anybody to verify and use in real-time. No individual or organization can control or manipulate the Britcoin protocol because it is cryptographically secure. This allows the core of Britcoin to be
trusted for being completely neutral, transparent and predictable.
 
F.
Investment Advantages
 
1) BritCoin is compatible with all types of currencies on today’s exchange markets via open technology.
2) New staff, developers, and investors on board.
3) More members can take control of the coins...
4) The currency for Britain is now a national phenomenon.
5) Instant peer-to-peer transactions monitored by the network
6) Britcoin is also an open-source program for public use to ensure fair trading throughout the community.
7) Britcoin is not owned by a single person
8. Anyone can take part in this great investment opportunity!

G.
List of Online Merchants under construction that are Contracted to accept Britcoin as a Payment Method:

1)   Britcex.com
2)   Bidbrit.com
3)   Buybritcoins.com
4)   Britcoindice.com
5)   Britblackjack.com
6)   Britcoininvest.info
7)   Britcoin888casino.co
8.   22 other Five Star merchants and vendors


H.
Growth Strategy 

1. Online & offline Ads will provide a wide range of info about BritCoin to users and traders and potential users/traders.
2. We look to expand Britcoins’ position in the cyrptocurrency community & cyrptocurrency-related business with an aggressive marketing strategy.
3. Britcoin will create unique and effective advertising opportunities to generate a profit for its loyal community.
4.Britcoin ATM Machines placed in key markets throughout the world.

     
We appreciate the continued overwhelming support from our loyal Britcoin community since the acquisition of Britcoin
in February of 2015, and we look forward to entering the mainstream consumer market along with the rest of our community.

Our team is well aware of the problems surrounding the previous owner developer and we would like to emphatically state that Britcoin 2.0 and everyone
now involved in it’s acquisition and growth in no way condone the actions or statements made by the previous owner/developer.





 
A new modern payment method for customers is on the rise.
Stay ahead of your competitors by having Britcoin as an additional payment method.
A list of merchants willing to accept Britcoin for goods and services is soon to follow this announcement.[/size]

old coin ,thanks
pass

lol go home kid alts are dead

Glad to see Brit is back :)

Please tell me more about Britcex.com and Bidbrit.com, how far along is the development?

I also see that you have 22 other Five Star merchants and vendors? please elaborate?

Also do you think we could get this back on Bittrex?

"Since its’s original launch in June of 2014 Britcoin has become one of the leading cryptocurrencies on the market."

ummmm no.

I am waiting for clitcoin!

Good to see Britcoin back with a new dev team.

Good luck with the revival guys. Hope you have much success!  :)

Would like to know that too ::)

Worst relaunch in crypto history, fair play dev you fucked this one right up.

R.I.P. Brit.

How did they mess it up? Because of Bittrex?

I like the name and branding, and low coin supply
where is it for sale, what exchanges?

Compulsory upgrade?

This post was inappropriate and posted during a time of personal and mental health issues, sorry.

Can you slow it down a bit please guys?  Hard to keep up with everything that's going on.

I got 6 peers, interesting...

Nice, I have 5 today, although POS is 200,000 blocks behind, increasing daily.

There has been no activity on here or twitter for Britcoin, would be interesting to have an update.....

Why not sell Britcoin to the Bank of England so they can invest all their money in it? I'll sell em some of my Britcoins!

This was a very poor relaunch, that being said this coin still has massive potential, a crypto currency for the UK is a huge deal.

What happens next is down the development team.

 

Assuming it wasn't just a scam, I'd guess they were relying on being on 'trex as a lot of 3rd party services use 'trex's APIs.

Perhaps they were waiting for a social media login from will7am and delayed a little too long  :-[

Any news?Or another dead...because I cant sync wallet

Did you get it syncing yet?  I might have some node IPs, need to check my backups since I upgraded my computer.

Does anyone have the 2.0 TOR wallet?  I don't trust the 2.1 wallet and don't know what's different, but does anyone have that too?  Would like the Windows wallet.  I have Linux installed but haven't tried compiling the source there.

I want to keep a fire burning until Britcoin is ready to make a comeback.   :)

Im using 2.1 it was sync to 17.9.2015 but after that I cant sync again....

This post was inappropriate and posted during a time of personal and mental health issues, sorry.

YOU CAN DOWNLOAD WALLET FROM HERE:


https://mega.nz/#!nZJUzADD!8awoALVrls4UIF30kbVIaHlsawTN9_ZBtP6oTfuvV-0 (https://mega.nz/#!nZJUzADD!8awoALVrls4UIF30kbVIaHlsawTN9_ZBtP6oTfuvV-0)


GITHUB: https://github.com/Brit-Coin/britcoin (https://github.com/Brit-Coin/britcoin)

I upload all blockchain later...

There are still people interested in this project (even if the asshole devs are not), i'm up for a take over, we would need a dev to tale the helm though.

Anyone interested in taking part? Doesn't matter how small.

Anyone running a node to sync to?   ???

Now my wallet is sync.Lets go to next step.... ;D

Hey guys,

Looking like this is a dead coin, that's no good.

A British coin but a dead one!

I have been looking for UK devs for our CoinFest 2016 event. So britcoin was under new development but nothing's happened?

o2o is vibrant and focuses on London ... the UK ain't that big so having 'brit' coin doesn't pick up much more territory than the London o2o coin already covers ... besides where is this coin listed and trade-able.


well AllCoin.com is DEAD

better luck here
https://www.cryptopia.co.nz/Exchange?market=020_LTC

o2o has a solid market running under the radar

Why did o2o need to exist when two British-themed coins were already well-known?  Most of the British population does not live in London and those who do not don't like London much!  Most of the UK's area is not London either.

Let's keep voting for BRIT on Cryptopia!  https://www.cryptopia.co.nz/HomeAction/Voting

My wallet is synced with one connection.

I'm voting to get BRIT on Cryptopia: https://www.cryptopia.co.nz/HomeAction/Voting

Dev is gone long time ago.

RIP

Yeah, we know that.  Let's keep staking and voting until another dev comes along.  I'd do it myself if I had the time.

We could pay to get this coin on Cryptopia and go from there... but we don't have a website and that's a requirement.  :(

Do we really not have a website?  Getting on 'topia is about to become far harder: https://www.cryptopia.co.nz/Forum/Thread/391#

I'm willing to give you guys some free hosting at cryptocloudhosting.org (http://cryptocloudhosting.org) to help you guys out, if you guys are interested

That's two of us.

Anyone else?

Thanks, we may take you up on that.

Anything happening?

Might be able to get a copy of the original website at www.archive.org/web - think the original websites were britcoin.co.uk and britcoin.io - they may have a snapshot.

If that doesn't work if someone registers a domain name, i could do a website for Britcoin?

The ultimate goal would be to get Britcoin on Cryptsy, think thats the most popular exchange, Bittrex dumps coins that dont transact 0.1BTC in a short timeframe (bit of a con).

Anyways, don't know what to suggest, if there was a fortune being made I am sure there would be plenty of people that would want to get involved, so I guess at this time the ones that have offered have a genuine long term interest in growing the Britcoin brand - and we should :)

Cheers

Nothing it seems, aswell as dead social media and dead domain names seems like nothing is happening. Also no links to block explorers on thread so no way to look as network statistics.

Britcoin is a relatively good name, does anyone have access to the official Twitter? Does anyone have contact with the original team? ,what's the current distribution of the coin?

I would love to see a UK based and styled cryptocurrency instead of the average pump and dump creating a bad image for many coins.

Hey guys.  I didn't even know this thread existed until today, wish someone had told me! :)

I'm pretty busy these days with my exchange (CryptoMate) but I'm available if anyone needs me for advice or help in any way, would be a real shame to see this wither out, it has so much potential.  The new owner (Ken) hasn't really been in contact with me since he took over and I haven't really been keeping a close eye on how things were going.  I notice the coin isn't listed on Bittrex any more, which sucks, but it's not the end of the world. :)

All the best.

I handed over the information for the social media accounts, github and the domain (britcoin.io) to a lad named Ken.  I can put you two in touch via email if you like?  :)

Please do, I'll PM you my email. Would really like to see a strong UK based cryptocurrency and can buy in if the option is available

Send  :)

Perhaps we should have a discussion on the old IRC channel - #britcoin on Freenode

Thanks will reply soon. We will see if Ken replies within a set time if not I'm thinking I or We create a new UK based cryptocurrency

Thanks again

Shall we vote on Cryptopia?  https://www.cryptopia.co.nz/Home/Voting

(We do need a website to get listed tho)

  Britcex.com is down

Being transparent, I have emailed Ken (Thanks will7am for his email address) to see what plans are ahead for Britcoin, I will wait a week or so for a reply if no reply I'll move ahead with my plans :)

Why create a new one?  Britcoin is open source.  We don't need Ken's permission to develop it.

Of course it is opensource but as for all the accounts (Domain doesn't matter too much) they are not and we really need a trusted circle who have access to these, these type of accounts will help Britcoin grow but forking and starting on our own these will always be there with the possibility of Ken activating them again down the line

I think it would be much better to build off what we have with Britcoin, like we have a tested network, branding and a decent internet footprint (articles etc).  I hope Ken will let us know what's up, whether he's going to take this project further or not.  Would be a shame to see this fade in to nothing.

It will be indeed, seems like Britcoin had some great ideas, ideas we could build on! Come on Ken :)

Any update from "Ken"do Nagasaki? Ahhhhhso!

Why would anyone "takeover" a coin, then disappear and remove everything from the web? Don't you think it's all a bit bizarre?

Hopefully Ken works for HM Treasury and they are going to use Britcoin as the main coin in a UK based digital currency economy, Ahhhhso!

No update yet. It is hard when a person takes over a coin as opposed to a community, its also very bizarre as the domain hasn't expired for Britcoin.io and the website was live (https://web.archive.org/web/20150403215342/http://britcoin.io/) but is now dead

I still have the website files, so if worst comes to worse we can get it online on a different domain..  Sadly all the good domains are taken, and I assume no one wants to drop some cash on buying the .com or .co.uk :P

Btw, I will look in to adding Britcoin to CryptoMate.co.uk, replacing NXT perhaps.  But I would need to know that there is someone "at the helm" so to speak who's driving this project forwards.

I will pay for the domain if we can get someone to take the helm.

Nice to see your still around Will7iam.

The only half decent names I could find were britcoin.co and britcoin.online.

What do you guys think?

Britcoin.co is ok, what worries me is if we don't have control of the 'main domains' should Ken decide to kickstart Britcoin again we will have a huge conflict

[quotKen coming backuthor=batesresearch link=topic=1061026.msg13187206#msg13187206 date=1449603469]

Britcoin.co is ok, what worries me is if we don't have control of the 'main domains' should Ken decide to kickstart Britcoin again we will have a huge conflict
[/quote]

Here's a thought, what exactly does Ken control? Twitter, Facebook. Github and britcoin.io.

Would we would need github or could we start our own?

I really don't see him coming back, it been months.

What we need most is a captain at the helm. Any takers?

No we don't have to use his site but think of it like if this if we plod on with Britcoin development and help it progress and Ken does decide to come back, what if he releases his own development on Britcoin, there will be conflict and this will confuse the market, it has happened many times before hence why some coins change their name or just start their own

We can start our own or develop Britcoin further eitherway I hope Ken does reply!

What if he does not come back? I can't see it myself.

That is a risk you/we take. Think if we take Britcoin and grow its value by X amount - More possibility he could come back?

Does anyone know Ken personally, do they have a contact number for him?

Wish I could help with that but I've only got his email address.  Guess we have to wait until he gets back, if he doesn't then maybe start a new coin with a different name?  I wish we could use Britcoin, but like bates said it would cause big problems should Ken one day decide to start things up..  But then again there aren't any IP/copyright claims made on "Britcoin" so who knows.

Did you actually have a contract saying that you sold Britcoin to Ken?

I was under the impression that a P2P payment network isn't owned by anyone.

I didn't sign anything, just a written agreement that he owns the domains and accounts etc.

You're right that no one can can truly "own" Britcoin since it's a open source p2p network, so I guess we could just fork and move forward with it I guess. :)

No reply off Ken as of yet, so a fork may be best. No-one can truly own a decentralised currency but controlling the main assets (i.e. The exact name domain, social media etc) can cause disruption.

He's not coming back.

I don't think it's that big a deal if he does have control of social media and britcoin.io,  we'll just start our own. I suppose he could start slating us through twitter and Facebook if he wanted to be a dick?

Ken can 'fork' off  ;D

Now we have the problem of who will take the helm?

New management failed? ;D any takeover plan?

Ok, well still no email, I may resend later. He could start slating the progress of the fork which will either put people off the coin or just confuse people to who the actual Britcoin team are.

lol - Does Ken hold a significant amount of britcoins ?

I expect he holds a decent stake.

It would be in his interest for someone to take over, his coins might be worth something then. ;D

Do you guys have a working block explorer? Or should I get one up and running.

It would be good to see the current distribution.

Go for it. It would be nice to get one up and running.

Ok will get started soon, do you or anyone have a list of the current services that Britcoin has I.e. Faucet, games, pools, exchanges etc!

Good to hear you're taking the initiative, as far as I'm aware there isn't any block explorer online..  Or is Brit listed on any exchanges anymore.

It's a shame Ken has vanished, the least he could do it hand the reins over to someone else :(

Could you send me the wallet links as I am not sure which ones are the latest, if you have all the links i.e. Source and Windows that would be great

I UPLOAD IT HERE:


https://mega.nz/#!nZJUzADD!8awoALVrls4UIF30kbVIaHlsawTN9_ZBtP6oTfuvV-0 (https://mega.nz/#!nZJUzADD!8awoALVrls4UIF30kbVIaHlsawTN9_ZBtP6oTfuvV-0)


GITHUB: https://github.com/Brit-Coin/britcoin (https://github.com/Brit-Coin/britcoin)

ALLCOIN Exchange be back 1 or 2 week so we can withdraw our Britcoins

http://www.allcoin.com (http://www.allcoin.com)

Important Notice About the Allcoin.com Takeover

Dear Allcoin customers, thank you and other customers being with us until now, we did have troubles a month ago and we have to close the exchange temporarily.

Our team has received an offer from a very strong company in the industry. After comprehensive consideration, we believe that the acquisition will be Allcoin's best choice.

The new website will replace Allcoin's site system, all user accounts will be reserved. However due to the system switching user assets will not be transferred directly to the new platform, therefore please make sure to withdraw all your Allcoin digital currency funds within 30 days.

Because we've sold out the domain, so we'll use another domain to withdraw you coins in one or two weeks, then you can find the withdraw domain on this page. We'll try our best to fix the wallets and withdraw your coins.

Thank you for your support. In future new AllCoin.com will provide a better service for you!

AllCoin Dev team.

2015-12-16

I have a theory, perhaps Ken is dead? :P ;D

That would explain a lot.

Any thoughts?

RIP Ken.

Who knows man, maybe he'll come back one day. :(

Just received this from Ken:

-----------------------------------------------------------------------------------------------------------

Britcoin is currently under a new phase of development and will be showcasing a complete revamp and mainstream strategy with the coming of the new year.

Best regards,

Ken

----------------------------------------------------------------------------------------------------------

Not sure what to think but I'll be focusing on creating a new UK focused cryptocurrency for my project and not Britcoin but I wish you all the best of luck, I'll keep my eye on the Britcoin project.

Hmm, guess Ken is still alive then :)  Best of luck to him, hope something gets moving soon, Britcoin needs to live on. :)

So he's not dead then.

He's gonna have to come up with something good to make up for the disappearing act.

It would be nice if he could update us on what's going on.  :-\

It would indeed.

Does anyone have the v2.1.0.0 source code or a link to it on Github?

Also, what actually was new in v2.1.0.0?

Has anyone got some nodes, please?

My Peers:

awesome, works! thanks a lot !

I UPLOAD IT HERE:


https://mega.nz/#!nZJUzADD!8awoALVrls4UIF30kbVIaHlsawTN9_ZBtP6oTfuvV-0 (https://mega.nz/#!nZJUzADD!8awoALVrls4UIF30kbVIaHlsawTN9_ZBtP6oTfuvV-0)


GITHUB: https://github.com/Brit-Coin/britcoin (https://github.com/Brit-Coin/britcoin)

Looking at Github, that is the original Britcoin, not Britcoin 2.0 or 2.1.

So, I found the 2.0 code on Github.  But will7am tells me he doesn't have the 2.1 code.

I think there will likely be some important network security fixes that need applying to this coin.  I'll do it if I get the chance but really I don't have time.

Here is the 2.0 code: https://github.com/Brit-Coin/britcoin-tor

Well, I wanted to fix the vulnerability I mentioned, which I could easily do in terms of the code.

Unfortunately, I can't even compile the coin.

The code in the /tor directory makes reference to an event.h file and event2 folder, which do not seem to exist in the repository.

Has anyone ever compiled this coin from source, besides the original developer?

It's not a security vulnerability by the way, so please don't be afraid to run your wallet software.

Original dev has and is helping me compile.  Would be appreciated if there were more peers out there to connect to  :)

Still no news I see.

Compilation requires libevent libs. It compiles and runs for me under ubuntu 15.04. Afaict, the only difference between britcoin classic and britcoin-tor is that in the latter, the tor aspect has been extended/emphasised and the irc-enabling code suppressed/removed. Otherwise, nothing's changed.

Cheers

Graham

Thanks, I've got it now :8]  Linux compile is done.  Am yet to start Windows compile.  Will officially release when Windows compile is done.  Mac users will have to make their own way.

Mammix2, the dev of Boostcoin, has been helping me so far.  Please put something in his tip jar if you're feeling generous!  16N6vHaQ1wSEtDCzkCG1AGFwwoNm8V2b2A

Going forwards, I'd like to just be an occasional dev for Britcoin, helping out with important bugfixes or low-hanging fruit.  If I'm the only dev, there aren't likely to be any new features.

I'm a kind of PR guy for PiggyCoin but may move more towards development in that too.

So, it'd be good if there was a team around Britcoin.  I can show them what to do for the PR and show them how we make and sell PiggyCoin products.  Britcoin's a great brand and some Britcoin-branded products would be fun.

I'll help out.

I think the only way forward from here is for the coin holders to help out when they can.

Can anyone make a good .png image that is 96 pixels wide and 564 pixels tall, for the About box?  Look at the one that's there now, it's just a kind of black starfield.

Who made those wonderful Britcoin posters in the past?

Update:

I've compiled (my new version of) the Linux wallet on Ubuntu (with mammix2's help), and even that needed some fiddling with config files.

I tried compiling my new Windows wallet but ran into some problems.  I think I can fix them if I start again though.

But first I'm going to recompile the Linux wallet with a new version of QT to fix this bug: https://github.com/rat4/blackcoin/issues/12

I'm on mint, so i'll try your ubuntu build.

We are testing the new '3.0' wallets, but having trouble getting connections.  Please keep your Britcoin wallets running as much as you can!

OK, it's ready.  Get your Britcoin 3.0 wallets at http://britcoin.xyz !

Use this kind of britcoin.conf file in your %appdata%\roaming\BritCoin directory if you have trouble getting a connection.

...or turn on UPNP in the wallet's Settings->Options until you have a connection, but I think that's considered a minor security risk nowadays.

I suggest holding off on making a new ANN post until there's a Mac wallet available.  I recommend someone pay mammix2 to do it.  (I already paid him to help me make the Windows wallet.)

It turns out that the OpenSSL vulnerability wasn't an issue with the versions that mammix2 compiled the Britcoin 2.0 and 2.1 wallets with.  (He was just a paid-for-hire dev for those.)

However, there is another, very important fix for a staking exploit.  I've timed that to kick in on March 5th.  It may enable a hard fork, so v2.0 or 2.1 wallets should not be run from March 5th onwards.

Going forwards, my opinion is that we need

1) a dev who knows about TOR
2) a dev who has a Mac
3) another premine for bounties and such

Regarding #1 and #2, code needs maintenance.  Britcoin's missed two important security fixes in the past year.  (The OpenSSL thing counts, because you might have compiled it yourself using a wrong version of OpenSSL.).  I don't know anything about the TOR code in the wallet and don't really want to learn about it.

I'd suggest to the community doing whatever it takes to get mammix2 or another dev with understanding of the TOR system these wallets use, on board.  mammix2 has other coins where he gets a regular payment forwarded to him from blocks mined.

When I made this kind of suggestion to mammix2 though, he held off on committing.  Said that he wanted to see if there was still intereest in Britcoin.

As for #3, that'd be a hard fork to add extra coins.  We'll need to pay for a block explorer, and to get back on Bittrex.

_____
I've got to get ready to move house so may be available only intermittently for a while, but I'll arrange it so that Leigh has access to the website.

Hi All

As greenmo has said we've been working through the existing wallet and implemented some important security fixes in v3.0.0.0. As some of you know im very busy in Crypto land so wouldn't be able to commit to being the lead dev, but i'm happy to help out where i can.

Thanks
M

This is great news guys.  Sorry I've only just seen the new posts, I don't have any notifications setup so I just check back once in awhile.  Will put on email notification now before I forget.  ::)


Yea finding a decent team is difficult, especially since working on a coin doesn't pay anything.. In fact you have to spend money to own a stake then work on it for nothing :P  How about we reach out to people who want to get involved with the project through coinality.com (or even here on BCT) and offer BRIT as the bounty for working the project.  So we look for 5 or 6 people and give them a nice chunk of newly minted Brits each, in return they work together via slack/irc to further this coin.

Glad to see there's some interest in Britcoin, turns out Ken just vanished and I was worried that was it.  Thanks to everyone who's helping :)

I would also be happy to replace NXT with Britcoin on Cryptomate.co.uk if we can get back on Bittrex as well, so we have a GBP/Brit exchange.

Hi All

I have 500,000 Britcoin from the original coin.

Happy to support and contribute, also happy to give away proportion of staked coins.

I have set up a Britcoin Revival on twitter - www.twitter.com/britcoinbitcoin and happy to run a dedicated column over at www.digital-currency-world.com

Is the 3.0 genuine? What's the latest news?

Thanks

cool to see more interest coming back to BRIT :)

That's great!  I'd like to see something like a second premine though as keeping a coin going can cost money these days.  (Don't expect Bittrex to relist BRIT for free!  But Bittrex is where we want to be if we want to work with services like ShapeShift, payment processors, or fiat->crypto exchanges.)

That's great.  I like the header image there on the Twitter page.  I also have https://twitter.com/britcoin3uk

By the way, in your Britcoin article, you have the link to the code wrong.  It's the britcoin-tor from the Brit-coin user that's the 2.0 and 2.1 code.


I'm just some guy!  I haven't communicated with Ken (who apparently 'bought' Britcoin stuff from will7am) in any way.

Great to see that the community is still around.  I just want to be 'a' dev for the coin, not *the* dev.  I think that the Britcoin brand is great, and the TOR functionality is still ahead of its time.  I'm mainly devoted to PiggyCoin but I want to help with this coin and show a new team/community how to do things like the ANN posts and sell merchandise.

Good country coins can still be successful.  Look at GuldenCoin: https://bitcointalk.org/index.php?topic=1343317.0

Tons of merchant adoption.  10% premine.

I wonder if they have some kind of consultancy that sets merchants up to accept Bitcoin on condition that they also accept Gulden.

What is going on? Another premine? Erm, no!? Disagree.

By all means increase the stake so initial and current investors retain the same proportion of investment in the coin/brand and let stakeholders distribute and contribute to a foundation. I wouldnt be happy for my investment to be reduced from 5% to 1% because of an additional premine.

The existing blockchain must be continued and respected!

If I were you I would communicate with this "Ken" chap to see what he is doing, although I suspect Ken doesnt even exist, why would you buy something to take it offline? Bit weird.

A foundation and roadmap should be made, and largely decided, by its richlist and main investors (an additional premine is unacceptable as this would devalue any initial investment by current stakeholders.)

I hope that is acceptable.

Im smelling a bit of a scam. No additional premine.

The main "customer" for Britcoin is HM Treasury, they are after all the largest investment vehicle and success would be dictated by their level of interest or support. There are issues of course, technically you cannot use "the crown" on anything that has not been approved or endorsed by The Crown. So Britcoin already sits on problematic ground.

It is critical that we form a foundation to represent the Britcoin brand, and any current investment, draw up an agreed roadmap and treat the blockchain with respect.

As far as "getting on Bittrex" being necessary;

1 - in the future banks and regulated exchanges will be important, not existing exchanges
2 - coins can be added anytime, the important thing is a consistent blockchain from day zero
3 - some people are developing decentralised exchanges for buy and sell orders
4 - you can now create currencies and assets across existing platforms - bitshares, nxt, horizon so britcoin is not currently exclusive

I think someone has seen an opportunity to make some quick money from this...

Increase the stake = increase the interest rate?  Well that's an idea, but 5% is already pretty high.  I understand that Blackcoin's PoS v3 somehow makes up for people not staking by rewarding active stakers with extra to keep the total coin inflation at 1%, which presently works out at around 5% for people who are staking.  Blackcoin's code has diverged significantly from Britcoin's though; it would not be a copy-and-paste job to implement PoS v3 in Britcoin.

Anyway, even if you're willing to contribute 10% of your holdings as someone who owns a significant portion of the coin, that only works out to 50,000 BRIT.  What can you get for 50,000 BRIT nowadays?  A few years ago you couldn't even buy a pizza for 50,000 Bitcoins.

The premine was 210,000 BRIT I think, and that's all been used.


Well, I'm talking about adding something to the existing blockchain.  I don't know if we're just talking semantics or not.


Have PM'd him.  I think Britcoin has lain fallow too long; there were critical security issues that needed resolving.

You do know BRIT is worthless right now?  As in you would have a hard time finding an exchange or person to trade with.

Forking the chain and adding an extra 1m coins (just throwing this figure out there) to put together a team would mean an increase of less than 10% to the coin supply, but enable Britcoin to progress.  No one is going to work on Brit if they don't feel like they have a stake in the development.

We can do this addition coin fork in a open and democratic way, with an application process and clear roles and bounties.  Like I said, Britcoin is pretty much worth $0.0000001 per coin, so I don't think the coin supply is the biggest problem right now.

As for Ken, I assure you he was real lol  Sadly no one has heard anything from him for awhile, which is a shame.



1. - Yes in the future, but I can't see HSBC working with Britcoin any time soon.  Until then getting on Bittrex, Polo and Shapeshift is important.
2. - Bittrex won't have a problem with us adding more coins, that's ridiculous.
3. - Getting on openledger.info would be great, I know some people from BTS and could have a word.  As for other decentralized exchanges, they don't exist yet afaik.


The main customer for Brit are the British public, I'd rather stay away from HM Treasury tbh  ::)

Not really sure why you would associate this with a scam.  Is it a scam when employees at HM Treasury use the money they print at work, to pay for the petrol used to transport the money to banks?


I don't really know what you mean by HM Treasury being the main customer.


I'm all for a foundation!  As for a roadmap though, I really just want to help keep the coin ticking along.  I can't guarantee that I'll develop significant new features on my own.  Mammix2 has his other coins and day job to worry about, plus he may want contributions in BTC to his tip jar!


1 - Well for the moment, they are important.
2 - Isn't liquidity important in a currency?  And what about fixing security holes?  These blockchain security issues we've just fixed have been known about for a while now.  Why weren't they fixed sooner?  Is it acceptable to have a blockchain that any malicious actor can decide to fork or halt at any time?  As a holder of half a million Britcoins, why weren't you taking action to maintain the code?
3 - Those will be pretty slow and cumbersome.  Don't expect shapeshift to integrate one into their service in 2016.
4 - Not really sure what you mean by this.

As for quick money, we don't really make money from selling PiggyCoin merch, not directly anyway.  It helps the value of the coin though.

Btw I've reached out to the owner of Britcoin.com and seeing if he wants to get involved or sell the domain.  I've only had brief words so I will update you all on my progress when I have more information.

Having the domain (Britcoin.com) will give our project a lot more legitimacy to new users and investors.

http://marketcapcoin.com/session.php?symbol=BritCoin

The current price of Brit is $0.000368

Would anyone want to sell me 100k at the last price? :)

37 quid for 100K BRIT -- Says it all!  Development (not only tech-wise) is the important thing.

By the way, I think a 'long tail' emission like in XMR and Doge would be good -- We want people to keep staking forever.

Actually that's $37 - not pounds lol

How would a long tail emission work?  I don't keep up to date with XMR or DOGE much :)

Oh right, copied the numbers wrong.  Seems it was GBP 26 then, at today's USD-GBP exchange rate.

The long tail means that some small amount of coins continue to be created for a very long time.  XMR and DOGE are proof-of-work coins of course -- It makes sense because you'd always want someone to mine them.  Of course, miners get transaction fees anyway from existing coins so don't really *need* the subsidy (from new coins), but the tail emission would help the coin if the coin became less popular for a while -- You'd have people mining even if there were very few transactions happening.

Therefore, it helps the security of the chain by keeping more people mining or staking in the long term.

I just think it's unfair for people who have supported Britcoin for a long time, nearly two years, who invested money in good faith and to date have little in return, buying and selling on Bittrex just to keep the coin there etc etc, so I would appreciate a vote in any developments for the proportion of my stake.

The chain is not broken as such, so as long as there are backups of the blockchain to this point then at least everything is in good order.

I think it is important that existing stakeholders receive additional coins by increasing POS only for a fixed period to help increase distribution - I am happy to do a giveaway and contribute coins ongoing.

To create an additional "premine" on the chain, is the equivalent of banks printing money against thin air (quantitative easing) which is partly why the blockchain was invented to prevent that sort of behaviour.

I would suggest;

Implementing an increased POS for a fixed period, say 2 years.
Increase the POS to 100% - 200% per month for the fixed period.
Form a foundation with contracts with stakeholders to fund a foundation from the stake.
Allow the coin to be governed by its stakeholders.

As I said I am from the UK, own 500,000 of these with over 12,000 already dedicated for a giveaway.

You can be sure that I will use my investment for the growth of Britcoin.

** I dont care about Britcoin being on exchanges, the important thing is to recognise legal rights of stakeholders/investors (without doing so voids the nature of consensus of the chain) and then increase global uptake and distribution. **

Also get the old website from archive.org if Wil hasn't sold it and get that up with the new wallet.

Price: there can only be one BRITcoin, I think with public uptake each coin will in future be worth a minimum of £1.00 each, as I said before in order to do so the banks and HM Treasury do have to become "partners" to increase the amount of cash liquidity into the brand.

Do you have a slack?

That one's easy.

None. Zip. Nada. Zilch. Nullus sausagus.


Cheers

Graham

Hi Graham,

Can you explain the "non-legal" rights of stakeholders?

For conventional currencies, the issuer (or directors appointed to manage an economy within a currency e.g. the Bank of England with pound sterling) are stakeholders, e.g. they manage the currency for the best interests of its users (other banks and general public) to maintain its value against other currencies.

So given that investors are stakeholders (e.g. any business, person or asset that chooses to use a currency for purchasing and selling), in the traditional sense, what you are saying Graham is that Bitcoin and all digital currencies can be FUCKED at any time by a handful of people despite people (stakeholders) owning the coins, and anyone can divert investment for their own means if they are willing to do a bit of developing.

You do realise what you have just demonstrated with that statement that means that digital currencies are machines of theft, and that Bitcoin and digital currencies are a con, and no better than fiat? And therefore ONLY proof of work coins that work purely on consensus and open voting can be trusted.

Satoshi invented Bitcoin (without the foresight of ASICS) to be run in consensus, that is that all stakeholders have a say, after all that is the whole point of the blockchain. So why would people think it is OK to sabotage something that people have invested in?

Just because there are no formal regulations does not mean that digital currencies do not conform to existing legislation.

The governments will be watching everything people are doing and just waiting for the honeypot to catch enough people.

Any change that is implemented without the stakeholders would invalidate the trust nature of the blockchain and therefore abuse its trust and potentially damage the future integrity of a brand or coin. You may think that is rubbish now, but I guarantee when finTech moves into the blockchain there will be a set of key regulations and checkpoints that any digital currency will have to pass in order to be listed on any exchanges, which will be regulated.

If the blockchain is about trust, then POS digital currencies that are manipulated without consensus during its lifetime are no investment vehicle and will not pass stringent tests in the future.

THINK before you do anything!

No slack yet, but there's an IRC channel called #britcoin3 on freenode.

Nothing's been decided yet about putting extra coins on the chain.  I think a temporary higher interest rate is also potentially something that could work, but then investors would be reluctant to give away their high-staking coins for community goals.

What do people think about the 'long tail' idea?  That's something that would eventually break the 22 million coin limit, but I think that we should be able to have a do-over in coming up with the rules for this system -- This is still early in the crypto game and everyone is finding their feet!

(I have much respect for XMR and Dogecoin for going with the long tail model.  I think Bitcoin has made a mistake by not going for it.)

I think it's more unfair for Britcoin supporters that there are no seed nodes running v3.0, no official website, no exchanges, no regular new developments and next to no marketing (except for your efforts, thanks) being done on this project.  This coin will fade in to obscurity unless something drastic is done, which is a lot worse for supporters than adding new coins and getting together a team.

You do have a vote in what happens with Britcoin, even more so since you have a large bag, everyone who's involved does.  But sometimes your vote/opinion/suggestion doesn't get enough support to be implemented.  But that doesn't mean the system is broken, just means it was considered and rejected by too many people and is how this should be done.


I don't get why you think adding new coins is ruining the sanctity of with the blockchain (ETH don't even have a fixed supply) but then you want to change the PoS payouts?  Aren't they just different ways of doing the same thing?

I think 5% annually is already high enough in my opinion.  You also have to realize that 100k Britcoins is worth around £25 at the last price, you're not going to find anyone willing to do significant long term work for that.  I was listening to Evan Duffield on letstalkbitcoin (I think?) a few months ago and he said he puts a part of the success of Dash down to the fact that the team working on the coin hold a significant holdings of the coins, around 10%.  He said (and I saw it happen to myself with Brit) that what happens to most coins is the people who work on the coin end up selling coins to cover the time/cost of running the project and then lose interest because they no longer have a large stake in the project.
 


As mentioned I'm not sure you have legal rights of stakeholders/investors?  This is an open source project and no promises were made that the price you pay for 1 Brit will be worth more or less after 1, 5, 10 years.

I've got the old website on my old laptop but I no longer own britcoin.io, I am trying to get britcoin.com sorted but the owner hasn't emailed me back for a few days.  Will let everyone know how I get on with that.



I'm putting together a team of people who want to work on Britcoin (in return for a small bag of Brits) for the long term and if you want to be part of that then that's great.  I'm planning on using Slack to coordinate efforts.  I'll get a plan written down soon and let everyone know when it's ready, first I need to speak to some individuals.

Well, QE was something to bail out private banks, wasn't it?  We're talking about using Britcoins to pay to keep Britcoin running, maintained, and supported, which is more like the the BoE using some of the money they print to pay for petrol, printing presses, educational leaflets, whatever.  (Which is surely better than the BoE employees, including unpaid interns, having to pay for that from their own pockets!)

EDIT: Will start using the Britcoin3 account here from now on.

This.  Also increasing the PoS payouts is closer to QE than adding new coins, since just like QE the new coins will go in to the hands of those who have the most coin already.  At least if we mint 1m new coins we can have a plan in place as to where exactly those coins go and can track them via the blockchain.

To be honest if there was an exchange where I could buy 1m coins at the last price then I'd prolly do that and not add additional coins, but the fact is Brit has 0 volume.  So long term I don't think people will have a problem, especially considering I suspect over 3m-5m Brits have been lost since launching due to people forgetting about them or HD failures etc.

I'm sorry but I can't parse the phrase ‘“non-legal” rights’, it’s an oxymoron, a contradiction in terms. Only law can confer “rights” and in the context of FOSS it only has one meaning, it refers to the intellectual property rights being ceded by the author of the code and imposes certain terms and conditions as detailed in the accompanying licence:


There are no rights accorded to purchasers of altcoins from cryptocurrency exchanges other than those detailed in the sales contract offered by the exchange and accepted by the purchaser. Do you have the receipt?

I am acutely aware of a variety of misconceptions abounding in the altcoin domain, one of which is a deeply misleading analogy with the tightly-regulated stocks/shares markets. The two are sharply different in a whole slew of crucial risk-assessment aspects.

I understand that you find the situation iniquitous, could I encourage you to understand that “getting in on the ground floor” is a story that appeals to speculators the world over, over and over again. “Easy money”, “Rake it in while you pick your nose and watch TV”, “It’s different this time”, “HODL!!”.

You have control over a chunk of the wealth of this coin. I think it’s a shame that your personal value system appears so impoverished as to compel you to assess this wealth in terms of an external, corrupt, hostile value system.

I don’t know whether the “THINK” comment was directed at me but may I reassure you that I have merely a passing interest in the coin (I share some of your opinions in different degrees) and only sought to dispel a misconception that might otherwise cost you dearly in unfavourable circumstances.

Cheers

Graham

CryptoBE, who had a block explorer for Britcoin back in the day, say they'll do us one without a richlist for Britcoin 3.0 at quite a discount for an old coin (because animalroam knows me from the piggyteam).  We can have a permanent one for 0.1 BTC or a 6-month one for 0.075 BTC.  I think we might as well only consider the permanent one.

(A block explorer runs a node with almost full uptime, which we really do need.  I'm trying to set one up on a cloud server now but have to leave off it for a while as it was spamming the TOR network.)

As for the Mac wallet, I think we can probably get one of those for GBP 20-25 -worth of Bitcoin from someone with a Mac who compiles wallets.

Anyone want to pay for these? :8]

Mo

Payment address for block explorer is on this page:
http://invoices.cryptobe.com/de456d3562d501aab31d6f5851c7e31d770ca952

They say they'll make it at 0.075 BTC and then give us a 2-week grace period to get it up to 0.1 BTC if we want to make it permanent.

_{Why no rich list?  It's a separate application they added afterwards and isn't optimised for a large number of blocks.}

Hi Graham, thanks. What I am merely suggesting is that just because the underlying software is open-source, the layer of IP (intellectual property) that is the coin configuration model, naming convention and brand as a combination are of significant value in the sector. Of course any additional development added to the blockchain basic Bitcoin source, e.g. proprietory development, also adds key value.

When I mentioned legal position, any government, or authority can apply legislation in retrospect to the detriment of, or the governance of a sector. So just because there is no legislation now it cannot be assumed that todays development will not be looked at in retrospect.

I'm not looking out for me as an individual, but for the team and investors, I just had a terrible experience with Colossuscoin where Cryptsy has 1.2 billion of my coins, however the team have decided to do Colossuscoin V2 and decided that despite me owning those they will not be providing me with the same amount from the new chain. I find this pretty disgusting, which is why i am saying that there will be regulations to protect consumers, in fact there already is, but people think because the software is open-source that people do not have any protection, remembering that anyone can fork the chain and take a community with it.

That's all I was trying to get across, (the think bit was just a general comment not directed at anyone in particular) if the team acts professional, and works in consensus I think it has a good chance of success. :)

To the other stuff;

Glad people have picked this up, I contacted Wil ages ago to do something, but I didn't have a budget for financial responsibility, so happy to support and contribute.

I can easily create a new website if needed. I will still run the Britcoin Revival and get people on the V3 blockchain once we have decided on a clear roadmap of development.

22 million coins is not really many at all - the value is not in the number of coins but in the community and its consumption, for example, DMD will have value because it is Diamond and its "brand" digital diamond would be valuable in this space (Most coin values are artificially valued anyway, the real value will only be visible upon mainstream adoption.)

Would people rather have 1 million Britcoins or 10 Britcoins? At the current issuance the max count is less than 0.5 Britcoin per person in the UK, I think it is unlikely that Britcoin will peer a 1:1 value with Bitcoin, depends on what everyone thinks on the coin supply.

If you want a better corporate roadmap and fasttrack uptake I would recommend;

- increasing to a high POS for a fixed period (as mentioned before)
- adding a "tail off" POW and smaller long term POS after the fixed high POS period (having both like DMD is a good idea)
- creating an "airdrop fund" where Britcoins are given to;
--- HM Treasury (airdrop a resonable supply per month)
--- World & British Banks (airdrop a smaller proportion as a one-off)
--- Charities (airdrop smaller proportions regularly)
- creating a direct purchase avenue (e.g. sell for £1.00 each, but buy back available at £0.75p) which will help keep coins in circ (uness exchanges are willing to add the coin)
- having multiple faucets (I will be running one just from my coin stake anyway)

* the airdrops are to encourage Britcoin as an investment vehicle for treasury money, bank money to stabilise and help regulate the coin. donating to charities would increase adoption as it would encourage them to accept Britcoin. Ultimately HM Treasury / BoE will most likely deliver their own digital vehicle but from a consensus perspective it would be valuable for all parties to work together to establish and deliver the brand. I suspect there are bumpy roads ahead but ultimately all money absorbed by digital currencies is fiat money from one location or another *

Hope that helps, I will contribute 0.01 BTC for the node, once we've decided on a route forward.

Good luck.

Just sent 0.025 BTC to get the ball rolling :)  Well done Mo, lets get the explorer online asap :)

Ah, in your model HMG can retrospectively decree that some selectively-determined prior trades in Britcoin were illegal. We have quite different understandings of the issue. I take a substantial part of mine from http://researchbriefings.files.parliament.uk/documents/SN06454/SN06454.pdf


Cheers

Graham

Hi all, someone knows if there are actually some bounty for creation of an unique paper wallet for this coin?, Original dev is not here since 2015 and he dont answer the PM´s, thanks in advanced

Looks like the amount on the invoice hasn't updated, but AnimalRoam tells me they have indeed received it :8]  He'll try to fix the invoice not updating if he can.


Not at the moment perhaps, but check back in a few weeks ;8]  Do you have a portfolio of work?

New invoice is here: http://invoices.cryptobe.com/f913c4871c3cd5d62791d150886b99e32b025391

The previous deposit from the old invoice has been carried over.

Thanks Graham, interesting read.

I do think, however, that Parliament or the FSA will draw up clear guidelines or implement legislation for blockchains in the future which would apply in retrospect, for example for a blockchain/currency to be listed on the equivalent of the currency exchanges, or to be compatible with the BoE, that there would for example need to me a maximum of 1 fork every 3 years, there has been no or limited premine, etc etc. So what I am suggesting is that many of the currencies out there today will be disgarded because they have not respected the blockchain or consensus. So by applying legislative regulations in this case it can serve in retrospect, and thats because the blockchain is a continuous timeline. Hope that makes sense.

Cheers :)

Yes, thanks for being explicit. I have a quite different model and it points me in a different direction.

My view is more along the lines sketched here: https://medium.com/institute-for-the-future/bitcoin-is-the-sewer-rat-of-currencies-b89819cdf036#.d6ar4k1vq


Cheers

Graham

Britcoin 3.0.0.0 Mac wallet now available at britcoin.xyz.  Thanks mammix2 :)

Good news!  Well done mammix ;)

If compiling Britcoin 3 from source, you must use Berkeley DB 4 (e.g. 4.8) and not 5.  Version 5 databases are incompatible with 4.  If you tried with version 5, you'd better delete your copy of the blockchain and start again.

Here are some sample commands for how to get going on an Ubuntu VPS.  Note that you need over 1GB RAM to compile Britcoin because of the TOR stuff.

sudo apt-get update
sudo apt-get install libevent-dev
apt-get install git
git clone https://github.com/greenmo000/britcoin3.0.git
cd britcoin3.0/src
apt-get install nano
nano makefile.unix
<edit the file to change USE_UPNP=0 to USE_UPNP=1.  Save using Ctrl+O and press enter to save under the same filename, then exit using Ctrl+x.>
sudo apt-get install gcc
sudo apt-get install openssl
sudo apt-get install libssl-dev
sudo apt-get install g++

cd ~
wget 'http://download.oracle.com/berkeley-db/db-4.8.30.NC.tar.gz'
tar -xzvf db-4.8.30.NC.tar.gz
cd db-4.8.30.NC/build_unix/
../dist/configure --enable-cxx
make
sudo make install


# Tell your system where to find db4.8
export BDB_INCLUDE_PATH="/usr/local/BerkeleyDB.4.8/include"
export BDB_LIB_PATH="/usr/local/BerkeleyDB.4.8/lib"
sudo ln -s /usr/local/BerkeleyDB.4.8/lib/libdb-4.8.so /usr/lib/libdb-4.8.so
sudo ln -s /usr/local/BerkeleyDB.4.8/lib/libdb_cxx-4.8.so /usr/lib/libdb_cxx-4.8.so

sudo apt-get install libminiupnpc-dev

cd ~/britcoin3.0/src
make -f makefile.unix

./britcoind -daemon -upnp

That gives you a suggested username and password.

nano ~/.britcoin/britcoin.conf

Put these in the text file:

rpcuser=britcoinrpc
rpcpassword=that password you just got
addnode=rhv7dqsrvp7chadj.onion # just until we get some brit 3.0 nodes up
addnode=pqpx555lypwf2uey.onion # just until we get some brit 3.0 nodes up


./britcoind -daemon -upnp

Thanks mate.  Can someone please donate some BTC to get a block explorer online, I've given what I can :D

To be fair Wil, to be honest you decided no longer to guide the coin and left (I also clearly remember the rather unsavoury dispute from the original thread), and then this Ken guy was obviously completely made up, no one would pay for something then not do it, Ken doesnt even exist.

Increasing POS payouts benefits investors who have been supporting the coin for a number of years and kept the stake, unlike others who dumped for Bitcoin before it was removed from the exchange, so it's their loss really. Experience has shown that actually people who have premined coins have dumped at some point along the timeline, additional premine is not a trust based mechanism.

Any premine is going to be dumped on an exchange as soon as it is listed to pay for development, and to maximise the revenue for the dev team other people have to keep buying to keep the price high so you can sell the premine to make enough for development.

The facts are;

- there are insufficient coins to create enough market interest, increasing to 250 million + for a mass use cryptocurrency would be better (particularly for a global audience)
- increasing POS over a 2 year period (or sooner) to that level and then being guided by stakeholders contributions would be a fasttrack way for achieving both aims
- the development team should make money trading crypto like everyone else who has invested that way?

The assumption that 3 - 5 million "may have been lost" is a bit absurd, there is no way of quantifying that at all. However if that were true the remaining coins are of increased value rather than the $28 you were offering for 100,000 units earlier in this thread!

So therefore I dispute and disagree with the option to create an additional premine for a dev team that (1) has picked up the coin without consensus and thus has not demonstrated trust yet and (2) you already decided not to participate (when you sold it all to the non existent Ken) so why come back now?

Management of cryptocurrency may seem like a bit of fun just now, but if you manage to create a currency that is used by millions of people, will you accept your financial responsibility or will you just dump it like you did before and leave millions of people without being able to use money? It's a very worrying prospect.

Existing stakeholders are being asked to support a level of unreliability and perhaps dishonesty.

Do you have a telephone number, address, website, business contact details for "Ken" Wil? And can they be verified in a public digital/business/telephone directory? Or do you have a copy of an invoice/payment from Ken for the Britcoin stuff?

I think now would be a good time to pass on that information so we can be demonstrated that there is honesty and transparency, and we can ask "Ken" why he has chosen not to take on the development of something he purchased.

One or more people have to be officially responsible. I smell a scam, particularly as Cryptsy said they had been scammed by a Dev including a backdoor into a wallet that stole Bitcoins, there has to be a significant element of trust built before moving forward.

Look forward to hearing some details.

I stopped working on Britcoin because it was costing me too much (I have spent a lot more on Britcoin than I've made) and I just didn't have the time to keep working at a loss.  As for your "Ken doesn't even exist" comment, you're so wrong it's painful.  Keep your moronic assumptions to yourself, I don't appreciate being called a liar by someone who has no clue.

I'm not even going to respond to the rest of the crap you wrote tbh, I have more productive things to do with my time.

I'm trying (with mogreen and others) to get Britcoin going again because it's a cool project and has great future potential, but since you're a giant bag holder and clearly an asshat then I don't think I'm going to bother.  Why should I put my time and effort in to something when the largest stake holder is a blithering moron who throws around false accusations at the drop of a hat?  I'd rather start a new coin with the Britcoin name than put up with your shit.


Yes, I'm planning on dumping £50 worth of coins on an exchange that Brit is not even listed on, you discovered my master plan!  ::)

Get your head out of your arse mate.

Hi, will7am & everyone. I got an Email notification about the revival effort, which is why I'm posting here. To be honest, I lost track of Britcoin a long time ago but it's nice to see the revival effort.

Have got a new 3.0 node with Crowncloud.

addnode=w3guguvt2hqjollp.onion

Have another node with DigitalOcean but it's having trouble staying running; not sure why.

Mo

An node that will be good for another week or two:
addnode=rttbnwomigc4t7ex.onion

got bunch of this error on my ubuntu server when running britcoind daemon:

Any clue what happened?

Yes, I get those too, but unfortunately all this TOR stuff is above my head for now and I can't figure it out.

Are you managing to connect to other Britcoin 3.0 nodes?  You can see by running

./britcoind getpeerinfo

when the daemon's already running, as you probably already know.

Nope, still unable to connect to britcoin 3 nodes, I only have 2 peers connected.
could you take a look korecoin tor source code? I never have problem with tor on korecoin, maybe you can compare/tweak it to work with britcoin.

Well, I'm getting similar problems on my Linux servers tbh.

Let's try to narrow down the problem.  How about this one?  This one's running Britcoin 3.0 on Windows.  Can anyone connect to this from another Windows wallet?

I agree, Britcoin is a fantastic project, but it needs high level investors which it is unlikely to get unless it starts to co-opt existing banking infrastructure.

Wil, yes, like many IT people you largely did the work single handedly with little in return at that time, but you should realise these are 25 year projects not 2 year projects, blockchain is long term.

I offered to take it off your hands and continue with its development even partially funding it, however you wanted money for the websites etc which kind of goes against the grain of a "community" project and consensus without quantifying time and value.

I have offered a challenge for you to open up to the community about Ken, however you seem to have declined the challenge, that in itself raises some suspicion - I am not saying you arent a good person and you have clearly done alot with a hope of at least a small return on your efforts however you need to be straight with the community.

Anyone can fork Britcoin and make the new fork undesirable (as long as there are blockchain checkpoints) so a community must work together.

Im not a "giant bagholder" I am a stakeholder and an investor - it is disrespectful to call someone an asshat when they have the best intentions for the coin, blockchain and other investors - if that makes me an asshat looking out for other people then so be it.

Lets look at the Britcoin values, when purchased each coin was around 120 sats, which means even my 500,000 are only worth 0.6 BTC at purchase value (not including losses or gains from trading), given only 10 million coins these are well undervalued (considering DMD with 4 million are around 70,000 sats) so a realistic value at the current time as is should be around 28,000 sats each.

Now that would make my 500k worth 140 bitcoins, around $56,000. Tidy.

So if you, for example, initiated another premine of 10 million which would reduce the value to around 14,000 sats each that would still give you a potential income of 1,400 BTC which is $560,000.

This is EXACTLY why I am against an additional premine, but for the official establishment of a foundation.

I will checkpoint the current blockchain and remain on that chain for the purposes of a rollback to preserve the value and integrity of the chain.

I'm looking forward to seeing the new roadmap, establishment of a foundation with a 25 year timeline, and more information about the mysterious Ken.

My v3 wallet peers:

Still won't connected to v3 nodes :(

Keep your nodes up as much as you can and stand tight; am gonna see if mammix2 will help me figure this out.

We've worked through some issues found in the code, mostly port definitions and build specifications.
The connectivity is looking good now :)

Thanks mammix2!

Get your new 3.0.0.1 Britcoin wallets at britcoin.xyz (http://britcoin.xyz)
--
Mo

Very nice!  Just downloaded the wallet and it's grabbing the blockchain now.

http://pasteboard.co/1XiJCips.png

Well done mammix and mo :D

Alright, I've paid the 0.05 BTC to take us up to 0.075 BTC.  (Not sure why it hasn't appeared on invoice.)  That gives us 6 months of service.

Here's the block explorer: http://cryptobe.com/chain/BritCoin (http://cryptobe.com/chain/BritCoin)

If someone pays another 0.025 BTC soon, to take us up to 0.1 BTC, it becomes permanent.

By the way, is everyone getting good connectivity with 3.0.0.1?
--
Mo

Great stuff Mo, thanks for biting the bullet and paying the rest. :)  Just need someone else to donate 0.025 and we're good! :)

My wallet is still syncing, got  5 active network connections.

With the fix to the ports in the code, it doesn't seem necessary to use uPnP any more :)

So, no need to edit the makefile, and no need to use the -upnp argument upon starting the daemon.

something weird with my britcoind peer:


why subver contains that characters?

UPDATE:
Some logs:

Thanks for the report.  I have a similar issue, but only sometimes, and nothing like that in my logs.  Which log is it in, the tor.log or the debug.log?

in debug.log, now my wallet won't sync :(

Hi all, looks like theres been some positive developments.

I am going to archive the 2.0 and the current blockchain checkpoint and move to the 3.0.

I've been emailing Wil about setting up a foundation and recommendations for an increased fixed POS with a donation strategy to the foundation from existing stake, we should set up a slack and get an official foundation, I am happy to contribute.

I dont mind project managing etc, hopefully Wil has kept you all up to date with my points of view and how we should proceed :)

Saw a message from greenmo about this being revitalised so have popped back to say hello.

I have the new wallet going on a mac and have 12 nodes connected already! Impressive! Now downloading about a year's worth of blockchain since the last time I fired up BritCoin!

I'll keep my ear close to the ground on this one again as I've always had a bit of a soft spot for it. Look forward to seeing if it's third time lucky!! Will happily consider helping where I can - unfortunately my talents lie in neither coding or marketing though...!

Cheers and all the best.

Looks promising.

Let's get a decent website up with an email subscriber list and establish a 3.0 thread.

Anyone out there want to sell me some Brit at the last recorded price on Bittrex?  Will pay BTC :)

Wow :o can't believe Britcoin is still around. I still have a few Brits with me, and I will be donating once a foundation is set ;)

Yea Britcoin is making a comeback, the guy who took over (Ken) has disappeared since stating the thread so a bunch of us from the community are taking things forward. :)

I think vanitywallets2015 is going to create a foundation with website soon,  guess he'll let us know when its ready.

Need to get my head around a couple of things, will be back on skype in a day or two, then take things from there.

Looks like someone might know where Cryptsy's stolen BTC are, if they can get them back then Britcoin on Cryptsy 2.0 has promise too ;)

Cool man, look forward to getting things moving again :)  I'll be on Skype if you need anything.

I never trusted Cryptsy, removed my coins from there months before it turned out they werel fucked.  But I guess if there's new owners and not Big Vern then perhaps it would work.  Those stolen Bitcoins aint coming back though :D

Have you guys looked at getting on an exchange>

Yobit would be a good place to start, it should't be too difficult to get on and their starting to get some volume on their coins.

If you look at the Yobit thread you can see that they've taken some money from a coin to be listed and not gotten back from them.  I don't know if there's anything to it though.  We should also consider Cryptopia, though they do have two other British-branded coins there -- o2o and SLG.

There is some indecision in the Britcoin team on how to proceed with this project, and we could really use another dev -- Any ideas on who to approach?

I've been keeping quiet to see how things progress. I have an idea that may help Brit. I'll Pm you.

Will7am when you read this get in touch.

Managed to get the old website back online with updated links:

http://britcoin.xyz/

:)

any update with new development?

It's too early to tell yet, but hopefully in the next few weeks I'll be able to announce some big news :D

Thought I'd better start a new thread to avoid people getting confused and downloading the wrong wallet: https://bitcointalk.org/index.php?topic=1463367

Also exchanges might expect to see it  ;)

One of the seed nodes may be down for maintenance soon, so please keep staking those Brits!