Bitcoin Forum

Other => Beginners & Help => Topic started by: TruCoin on May 03, 2013, 12:39:16 AM



Title: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: TruCoin on May 03, 2013, 12:39:16 AM
BitBar came out today and i was super - exited because Cryto-Gold Bars makes collecting your Cryto wealth to one simple secure location. This is no simple Alt-coin shake and bake coin.Much hard work came to play when developing this superior Cryto-Bar
Most alt coins bring nothing new to the table. this Bar changes the game

look at the specs:
Get your digital gold bar !
 
Ultra rare
POW+POS
Fast, continuous difficulty and reward calculation
Fair start:
no foreign forum pre release
no premine
no slow diff corrections for hours of instamining
no super-blocks at start
all binaries available
reward of 1 BTB per 10 minutes and quickly dropping
scrypt hashing

BitBar is not just another simple litecoin 30 minutes done clone.
Increasing reward and speed is easy.
Those networks are more vulnerable to double spend, spam and dust, but it works.
Even bigger problem is coming. Soon, outdated difficulty adjustment will crash those networks.
Decreasing reward in Bitbar is not just a quick move.
Every parameter is simulated and than tested on a live alpha network.
-no more rounding of reward down to two decimals
-heavily reduced Stake low-limit for small number of Bars
-adequately decreased fees
-new dynamic first connection and search for new nodes. Doesn't need client update for fixing connections.

 Scrypt chasing itself is no longer chain-jumping anti-resonance protection. Bitbar includes modified PPC's 'exponential moving average' difficulty/reward adjustment introduced in NVC. It's modified in a way that reward decreases a little slower, so first players don't have so much advantage over later ones.
With simulations and testing, chain should operate smoothly for years.
no resonance,
no high-diff crash,
no high-fee problems,
no spam and dust problem,
no connections problem.
We take lessons from competitors mistakes.


BitBar had me at Doesn't need client update for fixing connections. ;D


it was only logical that Bitcoin would spark the creation of a truly innovative and brilliant cryto-currency . This is truly the gold bar to rule all the coins

This is my first post. it took the creation of BitBar to get me into the forum
i am not a developer . I am just a person inspired by this currency :-*


"Tips" my BitBar :  BMzJURe9otFXcgRGqpTVwFApPoMiypFiPg


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: TruCoin on May 03, 2013, 01:03:39 AM
Parked


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: TruCoin on May 03, 2013, 01:51:05 AM
does anyone know of any BitBar  exchanges?


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: moltenmich on May 03, 2013, 04:17:30 AM
Can you explain where you can exchange or mine for it?


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: Kennji on May 03, 2013, 04:20:11 AM
So you are saying the BTC and LTC networks are going to crash eventually ???


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: cryptogoldstandard on May 03, 2013, 05:23:06 AM
What exactly makes this BitBar better than BTC or Litecoin?


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: megaminer59 on May 03, 2013, 07:29:51 AM
bitbar news crypto ?


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: magicpixel on May 03, 2013, 08:59:13 AM
Pardon me if I'm wrong, but if a new coin comes up every day, isn't that going to decrease all crypto value?


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: d0vr on May 03, 2013, 09:48:45 AM
Pardon my ignorance, but why is everyone so quick to create other crypto-currencies? The only possible benefit I can see is that if another does happen to take off, you have the chance to get rich from it. Apart from that though, where is the silver lining? Surely putting more effort into marketing bitcoins would benefit the economy of bitcoins, and thus increase the value of your current balance?

Are there any technological advantages to these alternatives?


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: derpcoin on May 03, 2013, 12:47:58 PM
I like to do them just as a bit of fun and actually get some coins even though they will probably worth nothing, But you never know. :)


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: xibeijan on May 03, 2013, 03:22:58 PM
I don't think this will take off because it's too rare.  Though they have a great looking website!


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: vlaoou321 on May 05, 2013, 03:57:39 PM
 ;DUP


Title: Re: New Cypto-Currency to rule them all !! BitBar consolidating your digital wealth
Post by: morgantar on May 05, 2013, 04:08:04 PM
interesting, thanks!