Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: VeriBlock on December 09, 2021, 03:27:18 AM



Title: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on December 09, 2021, 03:27:18 AM
The VeriBlock team is excited to announce the launch of Bitcoin Squared (BTCSQ), the world’s first blockchain secured against 51% attacks in an entirely Decentralized, Trustless, Transparent, and Permissionless (“DTTP®”) manner through the VeriBlock® security network.
Bitcoin Squared serves as a reference implementation for any Bitcoin-family blockchain to implement the PoP® (“Proof-of-Proof®”) consensus protocol, introducing a new form of decentralized lightweight mining which reinforces a blockchain’s existing consensus (PoW, PoS, DPoS, PoST, etc.) with the full security of Bitcoin.
Bitcoin Squared Mainnet will launch at 10am ET on December 9th, 2021, at which time the download links for the final Mainnet package will be made available.

IMPORTANT LINKS
Website (https://veriblock.org/labs/btcsq/) | Wiki (https://wiki.veriblock.org/index.php/BTCSQ) | Software (https://wiki.veriblock.org/index.php/BTCSQ#Get_Package) | /vbk-wp-pop]Whitepaper (VeriBlock PoP) (http://[Suspicious link removed) | Dashboard (https://explore.btcsq.veriblock.org/) | Github (https://github.com/VeriBlock/vbk-ri-btc)

SOCIAL
This is initially a project incubated by VeriBlock Labs (and therefore uses VeriBlock’s social channels).
Discord (https://discord.gg/wJZEjry) | Twitter (http://Twitter)

QUICKSTART GUIDE: Getting Started (https://wiki.veriblock.org/index.php/BTCSQ#How_to_get_started)

DAEMON:
Windows x64: Here (https://wiki.veriblock.org/index.php/BTCSQ#Get_Package)
Linux x64: Here (https://wiki.veriblock.org/index.php/BTCSQ#Get_Package)
Source: Github (https://github.com/VeriBlock/vbk-ri-btc)
(Note: compilation of the BTCSQ daemon from source requires compilation of the VeriBlock reusable library, instructions available here: Here (https://wiki.veriblock.org/index.php/HowTo_Mine_BTCSQ#How_To_Compile_BTCSQ))

Technical Specifications
Name: Bitcoin Squared
Symbol: BTCSQ
Security Inheritance Protocol: Proof-of-Proof (PoP) Mining
Block Generation Protocol: Proof-of-Work (PoW) Mining w/ SHA-256D
Block Time: 2 Minutes
Total supply: 21,000,000
PoP/PoW split: 50% PoP and 50% PoW

Emissions
While BTCSQ has the same total quantity of emissions (21M) as Bitcoin, BTCSQ’s emissions curve deviates from Bitcoin’s standard 4-year halving model.
During the incentivized Testnet phase, approximately 439923 BTCSQ were mined, which were reflected in the genesis block of BTCSQ Mainnet. The following schedule dictates the new coin emissions:

See: https://wiki.veriblock.org/index.php/BTCSQ_Emissions

PoW Mining Pools Available Here: PoW Mining Pools (https://wiki.veriblock.org/index.php/PoW_Pools_BTCSQ)

PoP Mining Instructions Available Here: PoP Mining (https://wiki.veriblock.org/index.php/HowTo_Mine_BTCSQ)

FAQ

About VeriBlock
VeriBlock serves as the world's first blockchain which allows every blockchain in the world to inherit the full Proof-of-Work security of Bitcoin in a completely Decentralized, Trustless, Transparent, and Permissionless (or "DTTP") manner. The VeriBlock blockchain is built 100% from scratch, and has been engineered from the ground up to provide the most cost-effective, secure, and easy-to-use way for the world's blockchains to enjoy the unparalleled immutability of Bitcoin itself.

About Proof-of-Proof (PoP)
Proof-of-Proof is a novel consensus protocol invented by VeriBlock, Inc. which allows any blockchain (including sidechains and permissioned ledgers) to inherit the full security of Bitcoin in a truly Decentralized, Trustless, Transparent, and Permissionless (or "DTTP") manner.

It does so by gamifying the publication of data representing a blockchain's present state to Bitcoin (directly or indirectly through VeriBlock’s security network) such that any user can participate and receive compensation for enabling blockchains to inherit Bitcoin's security. If you'd like to dive into the technical details, please check out our whitepaper (https://mirror1.veriblock.org/Proof-of-Proof_and_VeriBlock_Blockchain_Protocol_Consensus_Algorithm_and_Economic_Incentivization_v1.0.pdf).

Difficulty Algo
Adjusted LWMA

About vBFI
Users of a VeriBlock-PoP-secured altchain can use the VeriBlock Bitcoin Finality Indicator (“vBFI”) to easily determine exactly when a transaction on an altchain network has as much (technically, more) security as a transaction on Bitcoin itself.
As soon as vBFI reports a Bitcoin confirmation value greater than zero for a block on a PoP-secured blockchain, the transactions contained within that block cannot be double-spent without performing a 51% attack on Bitcoin itself. For example, a transaction in an altchain block with 3 Bitcoin confirmations reported by vBFI is as hard (technically, harder) to reverse than a transaction directly on Bitcoin itself with 3 confirmations.







Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on December 09, 2021, 03:41:17 AM
reserved


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: worgon12 on December 09, 2021, 05:13:49 AM
reserved


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: Mercedes.li on December 09, 2021, 05:31:32 AM
The wallet is very special and not friendly to novices. In addition, why does the newly launched mainnet need to synchronize 2,757,527 blocks now?
This is the interface prompt:
2021-12-09 13:27:15 nc-block-t INFO r-Chain 0000000000044485C7AFD287336579B18845723E8D9DD1F4 is better than 000000000000460B63614D24067AC07C267F7F3A0FC07F31!
2021-12-09 13:27:43 nc-monitor INFO status-log-Minute Marker: 3
Free Memory: 29798KB | MaxMemory: 8388608KB | TotalMemory:96256KB
Local Block: 271 | Network Block: 2757527
Block Sync Status: Synchronizing (2757256 blocks of difference)

Did I sync the wrong way or the network was running a few years ago?


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: reb0rn21 on December 09, 2021, 05:57:31 AM
That is VBK veriblock which is online for 2+ years

BTCSQ is altcoin projects that use POP security and inherit security against 51% atack from Bitcoin as VBK for 2 years is doing POP on Bitcoin network on same way BTCSQ will do POP on VBK network

and btw mainnet did not yet start...



mainnet started
pool is up

payout is after 100 conf, minimal payout 2 coins

http://btcsq.ddns.net/getting_started

BTC algo, vardiff stratums:
Username: your bitcoin squared wallet address
Password: anything
Algorithm: sha256
URL (difficulty 100000): stratum+tcp://btcsq.ddns.net:3333
URL (difficulty 500000): stratum+tcp://btcsq.ddns.net:3334
URL (difficulty 2000000): stratum+tcp://btcsq.ddns.net:3335

wiki page is not yet updated but in discord links are for wallet, pop and vbk node is:

https://mirror.veriblock.org/BTCSQ-refs.pull.626.merge-d44a9bb-win64.zip
https://mirror.veriblock.org/BTCSQ-refs.pull.626.merge-d44a9bb-linux-x64.zip




Current network block: 597

current network global hash rate: ~20Th

[moderator's note: consecutive posts merged]


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on December 10, 2021, 02:33:45 PM
Mining pool does not pay


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: reb0rn21 on December 10, 2021, 03:35:17 PM
Payout are after 100 confirmation + balance min 2

@wanganxiu what is your address?


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: TacoSimp on December 10, 2021, 03:45:02 PM
Is this another ASIC algo?


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on December 10, 2021, 04:28:09 PM
Payout are after 100 confirmation + balance min 2

@wanganxiu what is your address?

bc1q22d3r32dm03djl4cfut4gd7w5ru60jzjcntn0q


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: reb0rn21 on December 10, 2021, 04:37:31 PM
Sync you wallet and check in it paid:
bc1q22d3r32dm03djl4cfut4gd7w5ru60jzjcntn0q    607.16833681000000006


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on December 10, 2021, 04:42:43 PM
Sync you wallet and check in it paid:
bc1q22d3r32dm03djl4cfut4gd7w5ru60jzjcntn0q    607.16833681000000006

Ok thanks for your help


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: reb0rn21 on December 10, 2021, 05:10:51 PM
first payout
https://explore.btcsq.veriblock.org/tx/9004463d82e7ef930a94813f4019696fd9fef113c59aaaa32a3875964b02e204


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on December 10, 2021, 10:26:53 PM
first payout
https://explore.btcsq.veriblock.org/tx/9004463d82e7ef930a94813f4019696fd9fef113c59aaaa32a3875964b02e204

is mining the mainnet now?


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: reb0rn21 on December 10, 2021, 11:33:57 PM
Yes this now is mainnet.....


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: BTCSQ_community on December 15, 2021, 06:00:11 PM

Hi all,

Bitcoin Squared Community campaign is now running.
Please find below following bounties.


Bounty types:
- Retweet campaign, Tweet will be the latest Veriblock: http://Https://twitter.com/veriblock -tweet.
 min 20 followers 2 BTCSQ
min 50 followers 4 BTCSQ
min 100 followers 8 BTCSQ

- Bitcointalk  BTCSQ - thread translation  5 BTCSQ
- Make a video about a BTCSQ and POP-mining tech.  10 BTCSQ
- Make an online wallet.  100 BTCSQ

-Make a BTCSQ mining pool  40 BTCSQ
- Invite members to discord.  Every member invited (must show a proof) 0,5 BTCSQ

Any other things? Please suggest.

Community Bounty Challenge starts now and will be finished when the BTCSQ address runs out of coins or I decide so.  If you are willing to offer me any help, please DM me on Discord.

Discord link to Veriblock Channel:
https://discord.com/invite/wJZEjry
My nickname is Chuck N. on Discord.

All discussions  related to the bounty campaign will be held on Discord

Bounty thread discussion topic:
https://bitcointalk.org/index.php?topic=5377096



Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: SullyThe1 on December 15, 2021, 07:16:46 PM
This coin will be listed on https://sullypool.com/ very soon - by the 17th of December. Come check us out!


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: elmo40 on December 15, 2021, 11:07:12 PM
The NOMP pool has no worker details.
I have no idea what I have mined or when I will receive a payment.

No one provide a YIIMP pool?


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: BTCSQ_community on December 17, 2021, 08:33:11 AM
This coin will be listed on https://sullypool.com/ very soon - by the 17th of December. Come check us out!
Excellent!
Please come to discord to collect a pool bounty:
-Make a BTCSQ mining pool  40 BTCSQ

Veriblock discord, and BTCSQ, Bitcoin Squared channel.



Just want to announce that there are some USD based bounties for a making a explorer and making an electrum wallet.
More info on VBK /BTCSQ discord channel.


[moderator's note: consecutive posts merged]


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: BTCSQ_community on January 03, 2022, 12:05:09 PM
BTCSQ Is now listed on Exbitron.

https://www.exbitron.com/



Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on January 04, 2022, 03:27:14 PM
BTCSQ has paid a lot. . Fly to the moon at least 100 times later


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: Texacha on January 05, 2022, 12:52:41 AM
Well, if VBK succeed, BTCSQ will be most secure Bitcoin fork.


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on January 05, 2022, 10:20:09 AM
good


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: BTCSQ_community on January 06, 2022, 03:41:35 PM
BTCSQ is now listed on Coinpaprika
https://coinpaprika.com/coin/btcsq-bitcoin-squared/


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on January 07, 2022, 03:40:42 AM
Very good and promising


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on January 28, 2022, 09:49:50 AM
We are happy to announce that BTCSQ pools have been listed on miningpoolstats.
You can check pools on this link : https://miningpoolstats.stream/bitcoinsquared


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on January 28, 2022, 10:00:07 AM
- BTCSQ explorer with address balances , wealth distribution and more info listed on
CryptoID: https://chainz.cryptoid.info/btcsq/
- Also you can learn more about BTCSQ in our wiki page right here : https://wiki.veriblock.org/index.php/BTCSQ


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on January 28, 2022, 04:16:22 PM
BTCSQ (reference implementation) is on Coinpaprika.
Link here : https://coinpaprika.com/coin/btcsq-bitcoin-squared/


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on January 31, 2022, 03:58:29 PM
BTCSQ has been listed on exbitron.
You can take a look here :
* BTCSQ/BTC: https://exbitron.com/trading/btcsqbtc                           
* BTCSQ/USDT: https://exbitron.com/trading/btcsqusdt


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: wanganxiu on February 01, 2022, 10:32:12 PM
Very good and promising


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: macgyvermurdoc on March 31, 2022, 12:56:09 PM
The VeriBlock team is excited to announce the launch of Bitcoin Squared (BTCSQ), the world’s first blockchain secured against 51% attacks in an entirely Decentralized, Trustless, Transparent, and Permissionless (“DTTP®”) manner through the VeriBlock® security network.
Bitcoin Squared serves as a reference implementation for any Bitcoin-family blockchain to implement the PoP® (“Proof-of-Proof®”) consensus protocol, introducing a new form of decentralized lightweight mining which reinforces a blockchain’s existing consensus (PoW, PoS, DPoS, PoST, etc.) with the full security of Bitcoin.
Bitcoin Squared Mainnet will launch at 10am ET on December 9th, 2021, at which time the download links for the final Mainnet package will be made available.

IMPORTANT LINKS
Website (https://veriblock.org/labs/btcsq/) | Wiki (https://wiki.veriblock.org/index.php/BTCSQ) | Software (https://wiki.veriblock.org/index.php/BTCSQ#Get_Package) | /vbk-wp-pop]Whitepaper (VeriBlock PoP) (http://[Suspicious link removed) | Dashboard (https://explore.btcsq.veriblock.org/) | Github (https://github.com/VeriBlock/vbk-ri-btc)

SOCIAL
This is initially a project incubated by VeriBlock Labs (and therefore uses VeriBlock’s social channels).
Discord (https://discord.gg/wJZEjry) | Twitter (http://Twitter)

QUICKSTART GUIDE: Getting Started (https://wiki.veriblock.org/index.php/BTCSQ#How_to_get_started)

DAEMON:
Windows x64: Here (https://wiki.veriblock.org/index.php/BTCSQ#Get_Package)
Linux x64: Here (https://wiki.veriblock.org/index.php/BTCSQ#Get_Package)
Source: Github (https://github.com/VeriBlock/vbk-ri-btc)
(Note: compilation of the BTCSQ daemon from source requires compilation of the VeriBlock reusable library, instructions available here: Here (https://wiki.veriblock.org/index.php/HowTo_Mine_BTCSQ#How_To_Compile_BTCSQ))

Technical Specifications
Name: Bitcoin Squared
Symbol: BTCSQ
Security Inheritance Protocol: Proof-of-Proof (PoP) Mining
Block Generation Protocol: Proof-of-Work (PoW) Mining w/ SHA-256D
Block Time: 2 Minutes
Total supply: 21,000,000
PoP/PoW split: 50% PoP and 50% PoW

Emissions
While BTCSQ has the same total quantity of emissions (21M) as Bitcoin, BTCSQ’s emissions curve deviates from Bitcoin’s standard 4-year halving model.
During the incentivized Testnet phase, approximately 439923 BTCSQ were mined, which were reflected in the genesis block of BTCSQ Mainnet. The following schedule dictates the new coin emissions:

See: https://wiki.veriblock.org/index.php/BTCSQ_Emissions

PoW Mining Pools Available Here: PoW Mining Pools (https://wiki.veriblock.org/index.php/PoW_Pools_BTCSQ)

PoP Mining Instructions Available Here: PoP Mining (https://wiki.veriblock.org/index.php/HowTo_Mine_BTCSQ)

FAQ

About VeriBlock
VeriBlock serves as the world's first blockchain which allows every blockchain in the world to inherit the full Proof-of-Work security of Bitcoin in a completely Decentralized, Trustless, Transparent, and Permissionless (or "DTTP") manner. The VeriBlock blockchain is built 100% from scratch, and has been engineered from the ground up to provide the most cost-effective, secure, and easy-to-use way for the world's blockchains to enjoy the unparalleled immutability of Bitcoin itself.

About Proof-of-Proof (PoP)
Proof-of-Proof is a novel consensus protocol invented by VeriBlock, Inc. which allows any blockchain (including sidechains and permissioned ledgers) to inherit the full security of Bitcoin in a truly Decentralized, Trustless, Transparent, and Permissionless (or "DTTP") manner.

It does so by gamifying the publication of data representing a blockchain's present state to Bitcoin (directly or indirectly through VeriBlock’s security network) such that any user can participate and receive compensation for enabling blockchains to inherit Bitcoin's security. If you'd like to dive into the technical details, please check out our whitepaper (https://mirror1.veriblock.org/Proof-of-Proof_and_VeriBlock_Blockchain_Protocol_Consensus_Algorithm_and_Economic_Incentivization_v1.0.pdf).

Difficulty Algo
Adjusted LWMA

About vBFI
Users of a VeriBlock-PoP-secured altchain can use the VeriBlock Bitcoin Finality Indicator (“vBFI”) to easily determine exactly when a transaction on an altchain network has as much (technically, more) security as a transaction on Bitcoin itself.
As soon as vBFI reports a Bitcoin confirmation value greater than zero for a block on a PoP-secured blockchain, the transactions contained within that block cannot be double-spent without performing a 51% attack on Bitcoin itself. For example, a transaction in an altchain block with 3 Bitcoin confirmations reported by vBFI is as hard (technically, harder) to reverse than a transaction directly on Bitcoin itself with 3 confirmations.








we need pool (pow) for BTCSQ. There are none working.


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: LaaMos Seeth on April 18, 2022, 07:10:10 AM
The reason is not in non-working pools, but in the team of fraudsters.

This useless team knows about this problem - PoW mining doesn't work for 42 days and still can not fix anything.
https://github.com/VeriBlock/vbk-ri-btc/issues/691
https://www.tickcounter.com/countup/245164/btcsq-pow-mining-not-fixed

BTCSQ is just another shit made by scam team.

VBK (BTCSQ) CEO, Justin Fisher, is main fraudster and already missing for 115 days.
https://www.tickcounter.com/countup/243251/no-justin-or-bizdev-seen-in-discord


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on May 09, 2022, 12:18:12 PM
Monthly Update:

BTCSQ: 40+ MainNet APM miners creating over 0.45 million transactions.


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on June 08, 2022, 02:23:34 PM
Monthly Update:

BTCSQ: Reached Block 100,000


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on August 26, 2022, 07:04:16 AM
Monthly update:
BTCSQ: 10 MainNet APM miners creating over 240,000 transactions.


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: VeriBlock on September 07, 2022, 03:04:34 PM
Monthly Update:

BTCSQ: 10 MainNet APM miners creating over 243,000 transactions.


Title: Re: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock
Post by: elmo40 on November 24, 2022, 01:59:54 PM
Current exctraction:
bc1q4smfw2gvr...      100 % of blocks.

I tried. I followed your wiki. I get nowhere.
There is a pool but i get 'failed to connect' no matter which port I try.