My thoughts about BTX:
1. The airdrop rewards are a big part of the projects interest (probably largest at the moment) and should be continued. I think the original plan would have just been a dumpfest and kill most of the interest in the project because there would be no more drops and no proper future plans introduced yet. This is why I think none of the premine funds should be burned or thrown around in massive quantities without a good reason. On the other hand I think the premine should be distributed fairly quickly because It's not good that a few people control such a huge part of the coins economy. I think now it's critical to start making plans and development for the project before the distribution is finished, else the coin will lose interest. The fast transactions and blockchain capability is all good but no use alone.
2. Simply extend the BTC to BTX claiming period until there are no more premine coins left. There should be enough time to claim for everyone who is interested and the rest can just buy the coins afterwards. I don't see the point in taking a new snapshot, you will just give more to the ones who have already claimed and the possible new members of the community will get a sliced reward. Also the old snapshot way is better because all the coins would be eventually distributed to the parties who have some interest in the project and not "lost" for no reason.
3. To speed up the distribution without affecting the price negatively too much there could be a bonus program for the holders. For example:
- Create a dedicated "holding" address where you deposit BTX.
- Register that address as you would anyway with this new October method.
- First week you get 3 %. If you don't touch the BTX wallet, on the second week you will get 6 %, then 9 % and after a month it would be maxed at 12 %. The percentages can be thought out/calculated properly (no withdraws or deposits allowed except the drops, this is important so people don't create 100 small value "hold" addresses and deposit large sum to claim max bonus whenever they want it).
- If you touch this address you will be excluded from the bonus and only get the 3% going forward.
- If you want to go for the bonus again you would create a new untouched address and register it.
- No need to make future changes, clear rules going forward until there are no more coins to drop.
4. I personally think the 10 % instant drop for the devs is too much because there are too many unclaimed coins at the moment. Also I don't see much progress being done except the weekly airdrops, correct me if I'm wrong. It would be better to give the devs for example 0,1 % airdrop of circulating supply (not premine) every week. This would be a more stable reward and the further we would go with the project (distribution and price-wise), the more reward they would get.
Edit: Did some rough calculations how fast the funds would get distributed with various airdrop percentages. Starting supply 1 million and ending supply 16 million. No dev fees calculated.
3 % = 92 weeks
6 % = 47 weeks
9 % = 32 weeks
12 % = 24 weeks
Good plan. Number 3 adds some kind of POS system. But anyway after 5-11 months when airdrop finishes without POS/masternodes and/or wide acceptance of the coin there will be a total dump.But it will be at least 5 months later.  And devs will have time to do something to add real value to the coin. We don't need POS or masternodes... Especially not POS! Good lord. Wider acceptance and some sound development is all this needs. It is already fundamentally better than almost any other coin out there. did anyone know other mining pools (except suprnova.cc) who pay btx directly ? best of the best is http://yiimp.ccminer.org/site/mining |
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Man, is there another pool similar to yiimp? I was getting like 15Mh/s on yiimp(about 1.5 btx/day), but only 28Kh/s on suprnova or chainworks which is next to nothing.
I am mining on CWis pool and reported hashrate is accurate. What miner are you using ? Also, note that difficulty has almost doubled in 2 days, that can explain lower gains Link CWis pool  |
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What pool are you guys mining on now that yiimp is done? I haven't gotten a single payout from coinspool today.
http://pool.chainworksindustries.com/btx/index.phpFor me it's the best because it's rewards me a I should and displays my actual Rig's speed, On suprnova I don't know why but the reported hashrate is like roller coaster, and every block I am getting less then I should. ((myRig/PoolHush)*block reward). The only 1 problem is that it's still on beta and sometimes it's down for few min or even hour- so you must check it every hour to see if all is good. yimp was very nice pool. http://pool.chainworksindustries.com/btx/index.phpthis fuc*ing shit ,not pool miner shows 22 Mh/s - on the pool 9-12 Mh/s. |
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What will be with BTX after November?
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If I now bought CXT -HOW I can get XCXT?
How did swap, or now late?
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Tell me please, do you need to have coins on your local wallet to receive Free Weekly Airdrop, or can they be held on the exchange?
only local wallet. |
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I'm using tprugot 2.2 to mine this. I'm only getting 54.5mh/s with 6x 1060 3gb. Is that standard? Afterburner is set to 70% power, 0 memory and 0 core clock.
Something a small indicator hashrate. I have 1x1060 6GB 13.7 mh\s pow.limit 85 core: +150 memory: 0 I think you should have at least 65-70mh\ s Which miner you use ?Link? |
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1 1080ti~=2 GTX1060. I have ~11Mh with 2 1060 6GB on yimp.pool ,it's normal? P.S Which predictions for this coin in middle and long term? |
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Which ccminer version better for mine this coin?
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Has still forgotten to specify - 00.00 by what time? If I live in Moscow, then the calculation will be made automatically according to local time or not? Payment is automatic (after 00.00) or after some time (hour-day)?
Devs time...you can only wait. |
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So if I buy at least 10 BTX from an exchange and deposit it in my local wallet can I claim some BTX right now? or do I have to wait until next Monday? I'm just trying to understand how this works.
If your wallet have more than 10 BTX = from 00:00 Monday you can wait 3% reward. Don't know your timezone... |
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My Strategy = Dump BCH/BCC and buy up BTX (It's been working wonderful BTW)  It's correct way and here can be some (huge?) rally... And + airdrop every Monday. Here hides a profit...100% |
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Who is in the topic. Please answer my question on page 102. I do not speak English and many in the instructions I do not know, so please help)
Bat file should contain info for pool. example FILE.bat ccminer-x64 -a timetravel10 -o stratum+tcp://yiimp.ccminer.org:3556 -u YOUR WALLET ADDRESS -p x -i 20 --cpu-priority=2
pause Every pool have instruction for this , see -getting started . Twice click on FILE.bat -launch a miner. Twice click on exe -will always crash, All is easy if you know all.  |
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Hi my client is not syncing anymore . Network has forked or something ?
last block 21102
reactive wallet and reactive sync--it's BTX! works fine now. |
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hello all,
sorry if my question has already been answered, can i downlaod a BTC wallet right now and send my btc from bittrex to that new downloaded wallet and start claiming BTX?
"the snapshot to claim BTX was made at block 463619 (minted : 2017-04-26 17:10:01)" If your BTC wallet was not empty at this date -you can claim BTX. Or now buy BTX -send to local wallet and every Monday 3% airdrop to wallet value. min - 10BTX. |
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Why big investors should buy this coin? |
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I have just noticed this project, and as it is run by a team I actually respect, I would consider investing... Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it? Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that. So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees. Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full . I searched for "escrow", found nothing. Quoted my own message, so it doesn't get lost. Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too...  Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED. Christian, maybe you could drop few words in answer? There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs. In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves... Is this what you were talking about? Satoshi Nakamoto should be claim your BTX - https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/For green future BTX... |
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