Print Page - The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem

Title: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: C-bit Bitcoin on February 23, 2016, 05:55:08 PM

Welcome to the official thread for the C-bit Bitcoin [XCT]

http://btc-bit.com/i/c-bit-bitcoin-btc-header.png

The C-bit Bitcoin takes a pragmatic approach to addressing the issue of the looming Bitcoin blockchain problem.

Technical Specifications

TRADING SYMBOL: XCT
Algorithm: SHA-256
Seconds/Block: 600
Coins/Block: 500
Coins/Day: 72,000
Total Coins: 210 Million
Blocks/Day: 144
Blocks/Halving: 210,000
Months/Halving: 47.95
Appr. 1st Halving: Feb 2020
Block Size: 2 Meg
Source Code: Bitcoin

Official Website

http://btc-bit.com/ (http://btc-bit.com/)

(Be sure to read our Mission Statement: http://btc-bit.com/about/mission/ (http://btc-bit.com/about/mission/))

Wallets

Latest wallet release: v0.12 (Feb 20, 2016)

Windows (64 bit): http://btc-bit.com/data/cbit-wallet-win-64.zip (http://btc-bit.com/data/cbit-wallet-win-64.zip)
Windows (32 bit): http://btc-bit.com/data/cbit-wallet-win-32.zip (http://btc-bit.com/data/cbit-wallet-win-32.zip)
Linux: http://btc-bit.com/data/cbit-wallet-linux.zip (http://btc-bit.com/data/cbit-wallet-linux.zip)
Paper Wallet: http://wallet.btc-bit.com/ (http://wallet.btc-bit.com/)
Source: http://github.com/c-bit/c-bit/ (http://github.com/c-bit/c-bit/)

Support

Forum: http://forum.btc-bit.com (http://forum.btc-bit.com)
IRC: https://kiwiirc.com/client/chat.freenode.net/?nick=xct|?&theme=cli#cbit (https://kiwiirc.com/client/chat.freenode.net/?nick=xct|?&theme=cli#cbit)

Social Media

Twitter: https://twitter.com/cbit_xct (https://twitter.com/cbit_xct)
Facebook: http://www.facebook.com/cbit.xct (http://www.facebook.com/cbit.xct)

http://btc-bit.com/i/c-bit-coin.png

Donations to C-bit development: 1GfGpC4N1LzVuk6k79TXrbPtVQzD5cMjjG

Eliminates The Bitcoin Blockchain Problem.

C-bit is a parallel Bitcoin to the original blockchain. This new blockchain can develop independently to Bitcoin — becoming, in a managed way, more centralized — while allowing the original Bitcoin to return to its decentralized vision.

Based On The Bitcoin Source Code For Stability.

C-bit uses the modern Bitcoin source code as a starting point, and when Bitcoin gets updated in the future, C-bit automatically gets updated as well, ensuring that C-bit is always up-to-date with every Bitcoin patch, fix, and update for maximum compatibility.

Compatible With All Bitcoin-based Technology.

Because C-bit is so tightly paired to the original Bitcoin source, it is compatible with any product or service that works with Bitcoin blockchain technology. As Bitcoin — and Bitcoin-based technologies, products, and services — evolve, so will C-bit.

Are You A Developer? Check Out Our Source.

Our code, because it is based on the original Bitcoin code, is open source. Because of this, C-bit is every bit as easy to work with a Bitcoin is — so there is a world of opportunity waiting for developers and an entire community there to back them up.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: hopped on February 23, 2016, 05:57:45 PM

Quote from: C-bit Bitcoin on February 23, 2016, 05:55:08 PM

Official Website

http://btc-bit.com/ (http://btc-bit.com/)

(Be sure to read our Mission Statement: http://btc-bit.com/about/mission/ (http://btc-bit.com/about/mission/))

Social Media

Twitter: https://twitter.com/cbit_xct (https://twitter.com/cbit_xct)
Facebook: http://www.facebook.com/cbit.xct (http://www.facebook.com/cbit.xct)

http://btc-bit.com/i/c-bit-coin.png

Donations to C-bit development: 1GfGpC4N1LzVuk6k79TXrbPtVQzD5cMjjG

Looks intresting

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: Sir_Astral on February 23, 2016, 06:00:20 PM

{
"blocks": 7040,
"currentblocksize": 1000,
"currentblocktx": 0,
"difficulty": 16,
"errors": "",
"genproclimit": 1,
"networkhashps": 109952840524,
"pooledtx": 0,
"testnet": false,
"chain": "main",
"generate": false
}

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: kampretkabur on February 23, 2016, 06:07:28 PM

7040 blocks? is it an oldccoin?

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: sunerok on February 23, 2016, 06:20:40 PM

Quote from: kampretkabur on February 23, 2016, 06:07:28 PM

7040 blocks? is it an oldccoin?

looks like a bitcoin clone.

bitcoin started out with a difficulty of 1...

difficulty posted above shows that this is a bitcoin clone, so it makes sense for it to be moving quickly as the difficulty increases 4 fold per 2016 blocks.

i cant imagine it will stay this way so...

on that note, ill throw some hash at it, and keep an eye on it..

bitcoin .12 clone with more coins.. early on, and seems decentralized. i'm in.

update: yeah i just noticed the difficulty is 64 now, im definitely jumping in this one!

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: notsofast on February 23, 2016, 06:31:09 PM

SBIE2205 Service not implemented: NtCreateProcessEx (13604)
SBIE2205 Service not implemented: NtCreateProcessEx (13604)
SBIE2205 Service not implemented: NtCreateProcessEx (13604)

Seems the qt wallet tried to create an additional process that my sandbox wouldn't allow it to. Now it force closes on launch.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: sunerok on February 23, 2016, 06:35:02 PM

Quote from: notsofast on February 23, 2016, 06:31:09 PM

i didn't see anything strange in the source code.. i compiled a fresh one from the git though.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: MisO69 on February 23, 2016, 06:40:18 PM

Ummm.. why are you guys mining this? Just to get some blocks or for fun? It has been insta-mined 7K blocks. AND the difficulty adjustment algo will leave this coin stuck on high diff. That's dead in my book.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: notsofast on February 23, 2016, 06:40:49 PM

Quote from: sunerok on February 23, 2016, 06:35:02 PM

Quote from: notsofast on February 23, 2016, 06:31:09 PM

i didn't see anything strange in the source code.. i compiled a fresh one from the git though.

I need to make a compiling box like you.

Also, dev just started a self-moderated clone of this thread.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: BigBoom3599 on February 23, 2016, 06:50:54 PM

Looks interesting, is there a block explorer? Was there a premine?

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: jaipagare on February 23, 2016, 06:55:33 PM

Watching. Well, 21Million coins, doesn't interest me.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: sunerok on February 23, 2016, 07:02:26 PM

Quote from: MisO69 on February 23, 2016, 06:40:18 PM

seems to be 2016 block retarget the same as btc. definitely wasnt instamined, i got in at around 7k but there were already a bunch of people on the first pool in the list.. difficulty started as 1 so im guessing everyone got a ton of coins at first. im stickin around to see what happens.

Title: Re: The C-bit Bitcoin [XCT] | Elegantly Solving Bitcoin's Looming Blockchain Problem
Post by: daggerpunt on February 23, 2016, 07:02:37 PM

Quote from: jaipagare on February 23, 2016, 06:55:33 PM

Watching. Well, 21Million coins, doesn't interest me.

210 million*

Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: C-bit Bitcoin on February 23, 2016, 05:55:08 PM