Bitcoin Forum

Introduction

EBitcoin Token(EBT) is a mineable token based on ERC20 standard. It's Mined by Proof of Work(POW) and generates virtual blocks.

Assume that every Ethereum(ETH) block takes ten seconds to generate while every EBT block takes 10 minutes, then every EBT block is equivalent to 60 ETH blocks.

Adjust the difficulty of mining after every 504 blocks to ensure per EBT block takes 10 minutes.

Initial reward of every EBT blocks are 50 EBT. Rewards will be reduced by half after every 210,000 EBT blocks.

POW mining can generate about 21,000,000 EBTs while there’s no upper limit to the amount of EBTs.

One can get interest by banking EBTs with the contract. Interest is calculated as follewed：

Interest = Balance * [ (current EBT blocks number - upon deposit EBT blocks number) / 144 ] / 365 * 0.01

EBTs can only be gained by the above two means.



Token details

Symbol: EBT

Name: EBitcoin Token

Contract Address: 0x7D347F83c7b3a070187CEB02DC0019765056630c

Official Website: https://ebtcoin.xyz



Support me:

ETH: 0x3db97f316c64b1Df057610FAE1652A87abF4894F

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This is a personal project.
I just started to touch the blockchain, I created this Token, maybe there is a similar Token, but I feel great.

This is not ICO!
Eth contract cannot be modified,Source code is public,
The only way to get is mining and interest.

https://etherscan.io/address/0x7D347F83c7b3a070187CEB02DC0019765056630c#code
Contract Source Code Verified (Exact Match)

No fraud.

Give me a simple answer,

What's the utility of your token? Why would anyone use your token?

I hope you get my point! Token market is dead because 99.99% of the tokens don't have any utility! Should I add your token to that list as well?

So you are new and trying to make a token? I still don't understand and there is still a lot of information that I need in order to better understand your token

Your token is made on the ethereum blockchain. What is the ratio of your token to bitcoin? Why do you use the name of a bitcoin coin in the token name? Do you want to thereby mislead beginners? There are more questions than answers.
Your site looks awful. It lacks Whitepaper and team members.
I doubt that you will find supporters of your project here.

Obviously, this is a one-man project. He feels great because he created his own token and it is his personal satisfaction that he can create one. However, there is one token with ticker EBT already. But seems dead anyway.

https://coinmarketcap.com/currencies/e-bank-token/

But looking at the website of this new EBitcoin Token, there's nothing much to offer to the community. So I would say another crap token in the making? He can always prove us wrong in the coming days...

This is a personal project
I learned how to write a contract.
I made my token

Because I borrowed BTC gameplay and based on ETH, I used EBT as the name.
I didn't think about other factors.

This is not ICO!
Eth contract cannot be modified,Source code is public,
The only way to get is mining and interest.

https://etherscan.io/address/0x7D347F83c7b3a070187CEB02DC0019765056630c#code
Contract Source Code Verified (Exact Match)

No fraud.

Perhaps the conclusion of this token is that tokens can be generated by mining through win64x and linux applications and relating to the wallet we need a Dapp browser to get started. Consider installing MetaMask!
Is this free for every interested user?

what do you means by proof of work? mineable? can you write any tutorial how to mine this token by any software, or to mine this token people should hold specify amout token before they can mining... thanks

Maybe making this token is only for mining with platforms based on ETH, but here I am still confused about the EBitcoin Token how do you make this token are you alone without any other team? no more detailed information so throw away people ask?

"URL": "eth JSON RPC", don't know what it means, where to get "eth JSON RPC", how to fill in "eth JSON RPC" when mining, and any other social contacts?

MetaMask is a chrome plugin
Is the ETH wallet, Mining calls ETH Web3 API.

The public ETH RPC API is available at infura.io
https://infura.io/

https://www.ebtcoin.xyz/source to view the source code

It is based on ETH ERC20.
This is more like a game, mining to get the coin,
Mining needs to consume electricity and eth gas(transaction fee),
This is my personal project, not a team.

Yes, Any development language.
Mining needs ETH Gas(Transaction Fee).

.

I think browser mining is ridiculous if GPU, ASIC excavator joins the competition