Hi,
I would like to ask some questions about the distribution of this coin.
How many BIS are minted max. per day
How long will it take to mine all coins
Is there somekind of supply distribution overview or somerthing like this
Thank you and wish you the best with this project!
Now is aprox 20750 per day (1 min blocktime * 14.41 BIS/block) but the amount mined per block decreases over time to 0 at block 10M which will be mined in aprox 18 years from now. Here is a supply over time graph made by jimhsu: https://plot.ly/~jimhsu/1/#plot |
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This project is great. Are there any bounty or marketing program?
Not at this moment. The pool has stopped over the night, now things are fixed and is finding blocks again. |
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I'm not a coder but looking at the technical side this coin has a lot of potential compared to other scam tokens out there, it's too bad it has not gotten the attention it deserves.
Thanks for your appreciation, we are doing our best to have a unique and good working product, the attention will come after, for sure. |
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To All Bismuth Community Members,
We have been asked by a number of users to investigate irregularities at a new pool (Coinsaurus). The information that has been submitted to us includes decompilation information that shows that a proportion of shares from miners (around 8%) are being redirected to three addresses embedded in the code. This effectively amounts to a hidden fee in addition to the publicised fee of 5%. It is also claimed that the miner is inaccurately reporting it's hashrates by as much as 25%.
In interest of responsible disclosure, we have decided that these findings are serious enough to inform the community and we would like to give the opportunity for Coinsaurus to respond.
Kindest regards,
The Bismuth Foundation Team. |
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We didn't knew that the OctaEx exchange add BIS to their platform, so I don't think this was ever posted on the OP. They added us to the exchange without our knowledge but we do appreciate it. As we have no feedback from users of the exchange yet, and did not requested to be listed, we do not endorse nor condemn the use of that exchange. Before trading there DYOR and fist time send a test amount to see if everything is working properly. Stay safe! |
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Congratulations to the 5 winners of our 1200 $BIS Giveaway!
Thank you all for participating, Bismuth Foundation!
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Hello,can anybody drop to me info about Bitcore?
As I think you are lost in this jungle here you can find some info about Bitcore: https://bitcointalk.org/index.php?topic=1883902.0 Cheers!
Gawlea, I'd say Bittrex isn't even needed anymore - Binance is the king!
I know Binance asks for some serious $$$ up front so at the very least speak to Kucoin. Kucoin will add BIS for sure once RPC is implemented!
Yeah, you are right, but Bittrex is still better than Cryptopia, binance is the best out there and is the ultimate goal for all projects out there, as it was Polo some time ago. We will contact them all for sure when we will have the RPC set in place. |
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Did any of the dev team reach out to Bittrex after their POW request?
So thats a no. Thx Sorry, I've missed your question! Bittrex refused us due to the custom implementation. We will contact them again when the RPC will be implemented. |
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Why is the max supply of BIS so big? 110M
Is the the difference between max and total burned coins or is BIS really going to have 110M supply?
110M is not "so big", there are many coins with billions in circulation, when you have a low supply the price will bounce very hard as price and also decentralization will be a weak point when you have a low supply coin. We think 110M is a sweet spot supply for any project out there. The difference is the total coins that will ever exist including the dev rewards and the max supply are the coins that can ever be mined. Anyway this will happen in a very long time as the block reward is decreasing linearly over time from 15 to 0 in 10M blocks which at the current rate of 1 block every minute is ~19 years. I am aware it is not a big supply, was just wondering whether it was a CMC bug or the real specs of the coins. At that rate it is not a big deal at all. thanks! "Total supply" from coinmarketcap are the coins in existence (mined coins + dev reward fund (which is locked)) at this moment. Most welcome! |
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Its looks amazing. Very peofessional work
Thanks, is done by a professional  |
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Why is the max supply of BIS so big? 110M
Is the the difference between max and total burned coins or is BIS really going to have 110M supply?
110M is not "so big", there are many coins with billions in circulation, when you have a low supply the price will bounce very hard as price and also decentralization will be a weak point when you have a low supply coin. We think 110M is a sweet spot supply for any project out there. The difference is the total coins that will ever exist including the dev rewards and the max supply are the coins that can ever be mined. Anyway this will happen in a very long time as the block reward is decreasing linearly over time from 15 to 0 in 10M blocks which at the current rate of 1 block every minute is ~19 years. |
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Hi, Should you mind sharing me link to get Bitsmuth signature codes and form to apply for joining it's signature campaign. I can not find them in the OP. Hope that the campaign has already opened. Hi, here ( https://bitcointalk.org/index.php?topic=2722806.msg27862959#msg27862959) are the signature design, but note that we don't have a signature campaign undergoing, yet. |
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The update is damned frequent. Is it good or not? Maybe good thing is that the dev is very active. This is not a mandatory update, and in the future you don't have to update every time a new version is out unless is mandatory. |
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I took a while to read the wallpaper since I want to invest some money in this, is something I don't understand: On the whitepaper is stated that PoW will continue after block 10K but with significant lower reward/block but few posts back the dev stated PoW ended at block 5K so which one is the real deal and why you took this decision, to rely on PoS only?
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