BiblePay (BBP), it is CPU mining only and Asic Resistant like Vertcoin
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BiblePay (BBP) is a fairly new masternode / CPU mining only / charity coin Fork of Dash + Asic Resistance like Vertcoin + 10% mined coins always go to Charity Masternode are going live this Christmas December 25th!
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The DASH tutorials show Vultr, compared to AWS definitely seems to have a bit of a lower price
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Is the price for upcoming sanctuaries known already?
They are 1,500,001 BBP. Sanctuary Escrow Requirement - Christmas 2017: The escrow requirement is 1,550,001 BBP per Sanctuary. (Thats approx. $1,250 USD).
Hmmm, is it 1,550,001? or 1,500,001? Sanctuary guide also says 1,500,001: http://wiki.biblepay.org/Create_Sanctuary
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Quick update on State of The Biblepay, and a request for any constructive criticism on a potential new idea.
So before I share the new idea I want to say I am committed to adding new Gospel features to BiblePay. I dont want to give the impression that we are moving away from core values or anything like that. I feel like our Dev Team that is forming behind the scenes now will be able to continue to maintain and enhance the wallet and the pool with more features to spread the Gospel. We do need to continue searching and implementing ways on spreading the Gospel to IT Geeks, as we need to be true to God and practice what we preach, in that since He commands us to feed his sheep (as we help the orphans) and spread his word, we can do this at the same time by enhancing the wallet.
Next, I want to explain some background. Ive been following Stratis for certain technical reasons over the last year and for a while I didnt think Stratis would affect BiblePay, but now I have reason to think it might be able to complement BiblePay if we complement Stratis. I was a corporate programmer for about 20 years and ended up programming in c# before I started a data company that has a product that is written in c#. So I do have a propensity to "understand" the architecture that built Stratis. Stratis is a rewritten blockchain infrastructure built from scratch in c#. Everything is there, the database, the hash function, the sha function, the blockindex, the syncing, everything. What Stratis does not have yet: No altcoins run stratis because the UI is still in its infancy, its a Web UI called Breeze. Also, they just finished writing POS a couple weeks ago so really no one was mining stratis except - in the stratis-berkeleydb-qt wallet using POW.
Anyway the reason I mention Stratis, is I think it would be interesting if we were the first Altcoin to run a Stratis fork. I was thinking, I have the team behind the scenes that could potentially port Stratis into Biblepay and Biblepay into Stratis, and we could write a new C# UI, one that is not web based (that would be Windows native forms based as an EXE download). So our contribution to Crypto in this case is we would check-in the ability to run a stratis back-end on an altcoin with a Windows native UI (IE that is biblepays contribution). The Second contribution would be adding PoBH (our hash class), and the Third would be adding Dash masternodes To the Stratis core. So another words, we would have a native windows wallet download with masternodes, a new UI, and full sync-compatibility with the existing Biblepay wallet and keys.... I would estimate this project "could" potentially make BiblePays marketcap worth at least $100MM. (As Stratis is $795MM). It also gives us SegWit (which we have a quote request out for), allowing us to run Lightning Network in the future. Its an exciting project, that I think devs would want to jump in and help us with also- as I know the c# corporate workplace is very deep- and that could ensure our long term stability as well. I truly think this project could be done along side our normal Gospel enhancements, in a safe way. (Safe as in parallel until the Stratis wallet works). We basically would release a windows wallet that would sync in a compatible manner to the Berkeley wallet, and offer a separate download. If this project took off, we could refocus our support into the c# wallet and find a way to port the c# to mono, and stop developing berkeleys wallet (to have one codebase in the future). It does offer an interesting perspective, to support one codebase that is potentially c# in the future. And finally this idea opens up one more huge market for us that is harder on the berkeleydb side: Stratis smart contracts. Stratis is working on that, and I feel our future full dev team can integrate smart contracts into the stratis code, contracts that are more efficient. Ones that offer consensus based on c# code (instead of the bitcoin main chain), and - possibly, smart contracts that execute actual c# language code (meaning they could be very complicated contracts).
The primary reason I write all this is to invite any constructive criticism on the idea. No I dont want to hear from people who do not know what they are talking about (for example, miner comments like Oh you are going to push us off linux, and kill us? ) Im talking technical and bitcoin and high level comments for this idea.
Is this news from Stratis relevant? https://stratisplatform.com/2017/12/08/masternode_mainnet_beta_release/
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Well im only able to cough up 500 or so a day. And thats with a dedicated PC and an old laptop. So by my calculations thats 15,000 per month.
At 1,5 million it would take me 100 months or 8 years!!
(Of course its much more than that since difficulty is just going to increase)
Rising prices in both btc and bbp will make them unaffordable as well.
So yeah, sanctuaries are out of the question for the common person.
I remember reading about DASH Masternode Shares: http://dashmasternode.org/masternode-shares/https://masternode.me/#sharesBasically it sounds like someone offers a service where they: - pool other peoples coins who are interested in owning part of a masternode - run/maintain the masternode - payout the rewards of the masternode monthly to everyone involved - keep a small cut of the profits I wonder how voting works in this scenario?
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Posting again as a reminder! Sanctuary Escrow Requirement - Christmas 2017:
The escrow requirement is 1,550,001 BBP per Sanctuary.
By owning and operating a Masternode (Sanctuary), you become a part owner of the whole project and are granted voting rights which can be used to vote on the direction of the project and on the funding of proposals, you also get rewarded for keeping the Masternode (Sanctuary) running 24/7. Masternodes (Sanctuaries) are going live this Christmas, December 25th 2017. === Decentralized Governance: https://www.dash.org/governance/DASH School: https://www.youtube.com/playlist?list=PLiFMZOlhgsYKKOUOVjQjESCXfR1cCYCodMasternode (Sanctuary) Testing: https://www.reddit.com/r/BiblePay/comments/7bx4bl/need_masternode_testers/=== Block Reward Breakdown after Christmas: 10% Charity 5% IT 2.5% PR (Public Relation campaigns) 2.5% P2P (orphan letter writing, Pay To Preach, Pay to be a Priest, FAQ writers, Social Media functions) 40% Miners 40% Masternodes (Sanctuaries)
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DASH Governance: https://www.dash.org/governance/Sadly its way too expensive to become a masternode owner of Dash now 1000 DASH * ~$700 USD = ~$700,000 USD ==== If you are looking for another Masternode coin, check out BiblePay! BiblePay (BBP), a new charity/christian cryptocurrency, (CPU Only Mining) Launched July 23rd 2017, 7 min block rate, 5.2 billion supply by 2050, no pre-mine or instamine Fork of DASH (governance model) + ASIC Resistance like Vertcoin + 10% mined coins always go to Charity All nodes are full nodes with POBh Proof of BibleHash algorithm The project is already sponsoring 175+ Orphans monthly through the charity Compassion International! Website: http://biblepay.org/Launch: https://bitcointalk.org/index.php?topic=2388064.0Reddit: https://www.reddit.com/r/BiblePay/Masternodes (Sanctuaries) going live this Christmas, by owning one you become a part owner of the project and can vote on budget proposals and direction!
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BiblePay (BBP), a real Christian cryptocurrency Launched July 23rd 2017, 7 min block rate, 5.2 billion supply by 2050, no pre-mine Fork of DASH (governance model) + ASIC Resistance like Vertcoin + 10% mined coins always go to Charity All nodes are full nodes with POBh Proof of BibleHash algorithm The project is already sponsoring 175+ Orphans monthly through the charity Compassion International! Website: http://biblepay.org/Launch: https://bitcointalk.org/index.php?topic=2388064.0Reddit: https://www.reddit.com/r/BiblePay/Masternodes (Sanctuaries) going live this Christmas, by owning one you become a part owner of the project and can vote on budget proposals and direction!
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That is AMAZING news!!! Looks like Steve has 181k youtube subscribers! and he just recently did a video about Bitcoin 4 days ago: https://www.youtube.com/watch?v=iVg5osWUCg4and he is doing a Bitcoin seminar in 2 weeks, this is amazing! Congrats Rob!!
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Ive been doing a lot of advertising,
I posted about BiblePay in every top 2 page google result article, steemit post, bitcointalk thread, etc for keywords and variations of: masternode, cpu mining, asic resistant, charity, christian, etc
And Im still sneaking in BiblePay into /r/CryptoCurrency and /r/Altcoin when I can / when its relevant
It will be really cool in future when we have articles written about us!
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I contacted the other Tanja, she says that TonyaZee twitter account is not her, so I think there are just 2 CryptoTonyas/Tanyas haha I told them both about the project and about the future PR budget, we shall see what happens.
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I made another post about finding a SegWit Developer and actually got a good private message! I posted in the Project Development section of the BitcoinTalk forum (Theres a Bounty subforum for Altcoin section, but it seems pretty spammy in there, would that be a good place to post as well?)
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Could you reach out to them on Twitter about BiblePay?
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