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Great news everyone! I was waiting so long to make this announcement and finally it is here. Bizanc.io a project with huge potential to bring a new kind of decentralized exchange int cryptospace is finally launching a public betanetwork on 8.7.2019. All miners are welcome to join mining an all rewards from the blocks they will mine in the period of betanetwork will be mapped 1:7.5 to mainnet coins upon mainnet launch which is projected on september. There will be 90 days lock period and token will be released after all 3 rounds of token sale will be conducted. I will encourage you to report all the bugs and glitches you will be able to find as there is a very generous budget for bug bounty. Please visit https://github.com/bizanc/Bizanc.io.Core for instructions how to run node and inspect the sourcecode. Basic coin stats: Total supply: 21.339.936.000 (21.339 Billion) Halving: 5 years (reduced by 75 biz) Block reward: 750 Block Time: 30 Seconds (daily: 2160000, Monthly: 66960000) Premine: 2 years worth of mining 1.578.960.000 (1.57896 Billion) |
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Bizanc is new open, permissionless, PoW blockchain with interoperability between bitcoin and Ethereum and native DEX features. We are taking some time to produce a proper whitepaper, but most of the development is already done. Our plan is to start betanet, airdrop and bug bounty at 08/07 For 1 biz mined in betanet the miner will receive 1 in MainNet, but funds will be released after six months of mainnet start. MainNet starts at 09/09. Till December only withdraw fess will be charged, after that 25% dicount to pay fees or trade with biz. We'll do three biz sales wiith a pre mining equal to the first two years of block mining. Sales will ocur directly in our DEX, no other exchanges This initial supply will be used to pay betanet miners. The supply left we'll sell for 100 satoshis per biz. 30% supply at mainnet start with 50% discount. Two months later another one of 20% supply at 25% dicount. One month later, in december the last sale of 15% supply with full price, 100 sats. 2% go to airdrop. 10% for bug bounty. The 23% left will be our reserve The amount of bitcoin raised if we sell everything in the public sales will be around 650 BTC. Explorer: https://bizanc.io/explorer/GitHub: https://github.com/bizanc/Bizanc.io.CoreDemo: youtu.be/2WQoWxLmax8Fill this form with your email to be notified. https://docs.google.com/forms/d/e/1FAIpQLScv7F63-W8mPYfFWx_vdCkLGZ_ZBX7-P2Mewx9UXbAdKdtpBw/viewform?usp=sf_link |
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Have you tried to seek seed funding or something similar? IIRC I've read about this project on a different thread, but never know that you still need to raise more funding for this. You'll need to increase your exposure, or maybe add a famous advisor in order to get more credibility. Just my 2 cents.
Thanks for your reply. We've tried VCs, but without much success. We are still going and the future looks brighter now. Soon we'll release a detailed roadmap, but next month we'll start a airdrop campaign and a Beta Net, with mined funds going to mainnet. After the mainnet launch, plannet to september, we'll do a Biz sale, directly in our DEX. Much of the development is already done, but we spect to raise funds for marketing and improvements. As soon as we have more details I'll post here. Please join us on Discord. I am interested in funding part of your project, however is your decentralized exchange any faster than traditional ones? Its basically impossible to trade short term using decentralized exchanges right now. Could you contact me at @astargath on telegram?
Hi, thanks for getting in touch. I'll send you a private message. Besides having on-chain order books, we don't depend on other blockchains for that, only the Bizanc Chain, so we plan to delivery a better user experience and scalability for decentralized trading. You can check this project to create fundraising campaign https://republic.co/crypto or you can check and try to contact similar project's investors. I hope you can get some funds before you have to start a day job. Thanks for your feedback. I'll check it out. We already developed a airdrop structure, and we'll do the crowd sale directly in our DEX, in the main net oppening. |
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Thanks for your feedback, really appreciate.
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Thank you for sharing a good tutorial.
So that is almost the same as MEW if I am not wrong because I see that we need to paste private keys to login into the website.
But I am still worried if somehow, there is a malware that came into my browser like what I got in the past.
That is a good project, and I hope that you can secure the website if any bugs happen to the site.
I think this is a new concept of trading in the exchange.
Thanks for your comment. We are still improving the website. Paste keys was the way to do it, and get things running. I'm implementing import/export wallet right now. Soon we will have a mobile wallet, and the user will be able to sign orders from QRCode. Really appreciate your feedback, join us on discord. We are building a community there. Thank you for sharing a good tutorial.
So that is almost the same as MEW if I am not wrong because I see that we need to paste private keys to login into the website.
But I am still worried if somehow, there is a malware that came into my browser like what I got in the past.
That is a good project, and I hope that you can secure the website if any bugs happen to the site.
I think this is a new concept of trading in the exchange.
It's a decentralized exchange. Most DEX requires private key, no need to worry since you can just make a wallet within the platform, just do not leave you assets there and make sure to save yout private key if you are not confortable or do not trust DEX. Yeah, that's right. This a Bizanc wallet. Soon we'll realease better ways of managing keys and transactions. Looks decent for a decentralized exchange and I like how all resources are available on the front page itself, but the name of the exchange itself is not that great in my opinion. Could have come up with a better name.
Thanks for your feedback. Naming things is aways hard. We are open to name changes, since we get a cool name. Looks decent for a decentralized exchange and I like how all resources are available on the front page itself, but the name of the exchange itself is not that great in my opinion. Could have come up with a better name.
I second this, marketing is playing a major role in the cryptocurrency industry this days and an attractive name assocation with your project should not be neglected. Check out the likes of IDEX or binance, their exchange names sounds attractive and easy to pronounce. I would suggest BIZDEX or maybe you guys work on a better name. Great idea though you project have their, haven't checkout the demo yet but I love the idea already. Thanks for your repply, and you arre right. We will work on it. Looks decent for a decentralized exchange and I like how all resources are available on the front page itself, but the name of the exchange itself is not that great in my opinion. Could have come up with a better name.
IMO the name sounds like a rip-off of Binance which is not that cool. Bizdex sounds cool but it feels like "Idex" rip-off too. But it doesn't matter if the exchange work flawlessly though. Great product with proper (no need to be as powerful as TRX marketing) marketing should do fine. Thanks for leaving a reply. We will consider a name change. The name derives from Byzantium and Bizantine Fault Tolerance, Bizancio in brazilian portuguese, but people started calling Bizanc and we let it. I didn't knew about Binance at the time, I have chosen the name about two years ago. Thank you for sharing a good tutorial.
So that is almost the same as MEW if I am not wrong because I see that we need to paste private keys to login into the website.
But I am still worried if somehow, there is a malware that came into my browser like what I got in the past.
That is a good project, and I hope that you can secure the website if any bugs happen to the site.
I think this is a new concept of trading in the exchange.
Well that is how DEX works you could always make a new wallet to try it out and seem's like their platform could do it for you, So why would you be worried? If you don't trust them try out a small amount to see if they are working well. But I hope they could add up more nice to see that there would be a BTC in DEX now I could easily get my crypto into BTC. It is just DEMO so I guess we could see more later, But as of now they only have BTC,ETH and TBRL on their market. Thanks for your comment. Since we are still on testnet, not many assets are available. When we reach production we will add the most traded ERC20s. We are working on a new design too. Join us on discord, will be nice to chat about your impressions. Thank you for sharing a good tutorial.
So that is almost the same as MEW if I am not wrong because I see that we need to paste private keys to login into the website.
But I am still worried if somehow, there is a malware that came into my browser like what I got in the past.
That is a good project, and I hope that you can secure the website if any bugs happen to the site.
I think this is a new concept of trading in the exchange.
It's a decentralized exchange. Most DEX requires private key, no need to worry since you can just make a wallet within the platform, just do not leave you assets there and make sure to save yout private key if you are not confortable or do not trust DEX. Yes, that is why I say that I am worried to use the wallet from my browser or open the wallet through the browser. Thank you for sharing a good tutorial.
So that is almost the same as MEW if I am not wrong because I see that we need to paste private keys to login into the website.
But I am still worried if somehow, there is a malware that came into my browser like what I got in the past.
That is a good project, and I hope that you can secure the website if any bugs happen to the site.
I think this is a new concept of trading in the exchange.
Well that is how DEX works you could always make a new wallet to try it out and seem's like their platform could do it for you, So why would you be worried? If you don't trust them try out a small amount to see if they are working well. But I hope they could add up more nice to see that there would be a BTC in DEX now I could easily get my crypto into BTC. It is just DEMO so I guess we could see more later, But as of now they only have BTC,ETH and TBRL on their market. I am worried because I hear from my friends that the malware can come from through browser and we don't know when they can penetrate the browser. Maybe later I will try out with a small amount to see if they are good or not. You are right, we should wait for the next update, and if the developer can give a new pair, then I think it will be nice because we have more option to trade. You are right to be concerned, as this is still a MVP, we did it the easy way. We will release a secure import/export feature soon. And a mobile wallet as soon as possible. Please join us on discord, we already some miners on testnet, we chat in discord. Thanks you all for the feedbacks. |
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Up
Discord App is down, if you have any problem or feedback please post it here.
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Up!
Would really appreciate some feedback.
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I understand your point, but BNDES is not an usual bank. It`s an state owned bank, and their focus is on national economic development. BNDES gives cheap credit to companies acting in strategic areas that fits national development policies.
BNDES Garagem is program focused to support startups in several areas, and blockchain is one of those.
BNDESToken is a project created by BNDES to create an stable token that will be given on loans. When a company takes a loan from BNDES, they only can spent the money on products and services from predefined categories, from national companies. BNDESToken aims to give transparency to loans and trace how the is really spent.
BNDES is really respect institution in Brazil, and this program aims to support national technology development in strategic ares.
I truly believe that been accelerated by BNDES will push us to another level, besides giving shortcuts regarding to regulation issues.
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No matter how further you have went in this year I am still proud of you. You have managed to achieve something not all of us achieve. You are writing here about the blockchain that you managed to create from zero which is already a HUGE accomplishment but that is the type of thing that could change the lifes of other people. Think about your own as well, I am sure thanks to this year you probably read more books, you probably watched more movies, you probably exercised more (well I wouldn't but hopefully you did  ) and you probably went out more. Basically it was probably a better and less stressed year for you that probably gained you more years up ahead at the end, you spend 1 year but gained more years probably. Doing that whilst working on this project is double great. You have done something all men envy. Hey, sorry for getting to long to respond, I lost track of this post. Thanks for your support, it was really enriching year, and I'm still full time in the project. I congratulate you for your great work. I believe that you are very good at what you do and i can say easily you have bright future with cryptocurrency. But i believe that you need to have some help, if you can gather a small team you would be more successful in very short time. How i wish to know to write codes just like you do. Actually i went some courses and paid lots of money but i had to quit because i could never understand about coding :/
Really appreciate. We are now 3 full time, most of the development for the MVP is done, and we plan to launch the closed network soon, but trading real money. We are having a good test process and we'll start bug bounty and airdrop soon. About programming, its hard for everyone in the beginnig, just pratice and study will make you better. Keep going. Okay, but can I ask you about what should be your target through create your own blockchain system in the past? Just try to make sure if you have a real usage as a target. Blockchain is not about how to create tokenization but product that can produce the revenue will be more preferable.
Sure I think about that and we have a plan. I think about blockchain as infrastructure. Since we have it done, as a company we believe in selling technology that relies on it for companies and heavy users. But till we reach there to finance the project we will start it in a private net, so only us will receive fees. Also when the market opens we will put part of our biz supply in the market and use that to give liquidity to the market, cover costs and further development. a very interesting project but despite your claim it doesn't seem to be "from scratch". based on my initial inspection it seems like you are basically using a bunch of cryptocurrency libraries (example NBitcoin, nsec) and building on top of them. it is not a bad thing but it is not from scratch, you are using the same things as other altcoins from what i am seeing but i may be wrong since i haven't had time to check the whole thing.
so would you mind explaining what is the "innovation" in your coin that is new and actually "from scratch" that sets it apart from all the rest?
I understand your point, but you don't code a Operation System for each application you develop. Use open source libraries is how you create software nowdays. I don't need to code ed25519 signing since I have NSec for that, but I could use any other library, or even code it myself if I have a good reason to. Besides that, i coded the Pow (Based on bitcoin and with a native dotnet library for SHA256), the P2P network layer, Matching Algorithm, block creation and validation, persistence (Besides using RavenDB Embbeded), and so on. NBitcoin I use to send bitcoin withdrawls and load deposits, the same way that I use NEthereum. So I still think I can clame that I developed a Blockchain from scratch. As innovation I think we bring a new way of doing crosschain, our own way of doin onchain order matching, open and decentrilized asset listing, the way we keep track of validations, that allow us to reach 800tx/sec and so on. First, it's a big risk on your end to leave your job and just concentrate on the development of a project. But since we enter bear market, I'm sure you may have encountered difficult times but It looks like who have survived so I salute you for that and do hope that your project takes off no matter what. Best of luck to you and wish you success in the future.
Thanks, really appreciate your support. |
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Yeah, I agree that Binance has a huge advantage. But for me they approach on the DEX is much like EOS, since they don't wanna loose transaction fees. We use PoW and when the mainet goes live, fess will goes to the miner only. We are launching in a private network because we need to build a network before opening besides thinking it's time to run it with real money. I would really appreciate yor feedback, if want to test it. You can create a wallet here: https://bizanc.io/wallet/Post the public key here and I'll sendo some coins(TestNet of course). But you can withdrawn to a btc o eth wallet. You can get faucets from: https://coinfaucet.eu/en/btc-testnet/https://faucet.rinkeby.io/We support deposits with Electrum(TestNet) and MetaMask with Rinkeby(TestNet) We don't had money for Desing, so our UX is still poor, but we are working on a new one. I'll be glad for any feedback. |
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I've been developing a new blockchain for more than a year. We are approaching our private net launch(testnet is stable for some months) but we couldn't get community attention. Our project is totally bootstrap, beacause we beliave that we need to prove ourselves before asking for something. We are defining our launch strategy now, so I want to open a discussion about it hoping to get some feedback. The Bizanc blockchain was developed to enable a trully decentralized exchange, aiming to solve the current exchange market biggest problems. Only the user can control his funds, order matching is on chain, anyone will be able to list a new asset, in a transpatent enviroment. And we hope to connect diferent exchanges, consolidating liquidity. Today we support bitcoin, ether and ERC20 tokens. You can deposit BTC from testnet(Electrum) and Ether from rinkeby(Metamask) to trade in our testnet (you can check it on https://bizanc.io/explorer/ ). Or you can Mine Biz, the blockchain coin (to run a node https://github.com/bizanc/Bizanc.io.Core ). We implemented an airdrop, but it's not officialy lauched because still on testnet, but if anyone want to try https://bizanc.io/airdrop . To enable decentralized asset listing, each asset (BTC, ETH, etc) has a pair only with Biz. So if you want to trade BTC for ETH you need to sell BTC, receive Biz, than buy ETH. The user can pay fees in BTC, ETH or Biz (paying with Biz is cheaper). For the market to function, a Biz supply is needed. So we will put this initial supply in the market, with a very transparent policy, for something like 1 BTC = 15000 BIZ. The money we get to raise will be used to keep financing the project, and to make arbitrages with other markets and give liquidity to the market. This strategy will be pucloshed before the launch. So I want to know the community opinion about this strategy and I'll be glad to answer any questions. |
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Hi man, thanks for running the other day, about 10 nodes were running at the same time, was nice to see it.
We are on pre alpha yet, still has some improvements to be made, and some bugs, so sometimes a reset is needed. We plan to start the testnet on February and keep stable environment from there.
As I said in the issue, we still depends on the QBitNinja public api to load BTC deposits. But it's out of service for some days.
To enable people to test I have disabled BTC deposit loads on code, till we deploy a QBitNinja node for ourselves.
Really appreciate your support, please update your repo and let's play again!
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