Hi Everyone, Here,s the lastest update* from Bitcoin Black (BCB)
Whats new with Bitcoin Black (BCB) [Oct 16, 2018]
Blockchain
Several versions of our blockchain have been created and tested.
We have launched genesis and the official blockchain is live.
The technology used is Block lattice.
Coin distribution will begin over the coming week starting with pre-sale participants and selected members who joined testing.
Airdrop
Airdrop will be distributed shortly to all the community (the plan is before the 14th November).
The value of the ecosystem will depend on how secure the airdrop is and making sure participants cannot claim the airdrop multiple times, while keeping the process of claiming your coins simple and effortless.
This will ensure 1 million real participants are drawn into the ecosystem.
This has not been seen in the cryptocurrency space.
Bitcoin Black v Bitcoin
Video comparing Bitcoin Black and Bitcoin:
https://vimeo.com/292603665Rewards members
We had a security measure in place that disallowed multiple commissions from the same device, this effected some people’s commissions when a large family would try to join the airdrop from the same device. This is now replaced with another method which now allows multiple commissions to be granted per household, while maintaining the previous security.
You will be seeing more approved commissions in your dashboard.
Bitcoinblack dot net
What this brings to the table:
Community section which profiles can be created and collaboration of the community can take place. (This will also act as the team page)
Foundations:
Community members can create a foundation (ICO funds will go directly to community foundations) at this point there will be 36 community foundations and in most cases each community foundation will have 10 leaders.
The Foundations in total will have 360 leaders in which all the ICO funds will go to.
This will help to push the project into the future and help grow the ecosystem.
Once foundation funds are depleted the most trusted and proven foundations will continue to operate on donations.
Creating a foundation is encouraged if you feel it can help the Bitcoin Black ecosystem or contribute something of significance.
Examples of foundations: marketing department, physical office, bank licence for card issuing, decentralized exchange build around BCB, application development, media resource platform.
Any significant contribution to the Bitcoin Black ecosystem will be eligible to be a foundation.
Forum.
Knowledge-base and support section.
Bitcoinblack.net is currently a blank canvas and will evolve significantly and much more content will be added. This is just the initial structure which will become very resourceful.
Many more features are planned for bitcoinblack.net and will be rolled out in time.
Members
Bitcoin Black has surpassed 30000 members.
This should be set alight and faster growth will come once airdrop is being distributed.
The tech part of things
Technology moves very fast and the best technology today can not necessarily be the best technology for tomorrow. The project at its core focuses on creating a currency with a fair distribution intended to give the power back to the people.
If a large technological improvement comes along, the core technology of the Bitcoin Black chain can be changed which won’t affect balances and all members will have the same BCB balance after a major tech improvement.
The tech is not the most important part, even though Bitcoin Black is fee free and instant and uses a DAG type of blockchain.
Another update is scheduled to be sent out before the end of the month.
https://bitcoin.black
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