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1  Alternate cryptocurrencies / Altcoin Discussion / Why I think BTCZ is Bitcoin 2.0 - BitcoinZ on: March 30, 2018, 07:40:00 PM
I thought I start this thread so I can point out why I think BTCZ is by far a different cryptocurrency and one that will have a big impact in the future of this market. In my opinion (and this is not a financial advice) BTCZ is going to quickly expand into a major players in the next two years. BTCZ is nothing comparable to other coins. Here are some characteristics of BTCZ and why it is called Bitcoin 2.0 (BitcoinZ):

No Premine
(90% of coins cannot claim that)

No ICO
(ICO, DAICO and Premine are practically the same thing). Unlike and ICO/DAICO an investment in BTCZ does not make Vitalik richer.

No Free Airdrop
(When people get something for free, its easy for them to dump it, look at BTCP with massive airdrop and BIP9 free coins for devs, and all ICOS that fall 99%)

No Developer Tax
(Just like the now abandoned ZCL, BTCZ does not have Dev tax)

No Slow Start
(Whatever the F that was, most Equihash coins abandoned that marketing garbage)

No POS
(Only Proof of Work bring value, POS is basically paying interest to the rich diluting current holders, like what banks do)

No Staking Tax
(Staking is the same as POS, like Bitconnect and BTX, basically collecting interest for the rich, like a CD at the bank)

No Supernode Tax
(Again this is like Staking and POS, you get money just for being rich, this is banking system, diluting others)

Android Branded Exclusive Wallet
(forget ZCL, BTCP, and Zen, ZEL, even ZEC/ZCash doesnt have a branded Android wallet).
This means someone like Coinami, Freewallet, Trezor, etc cannot claimed that they were "hacked" one day. You and only you hold your private keys and no one else has them.

Superfast transactions.
(Have you tried the Android wallet?)

Windows Branded Exclusive GUI Miner
(Nope, ZCL, BTCP, Zen, ZEL, even ZEC/ZCash dont have that)

No shady people in the dev team
(such as Rhett, Cryptojack, and specially Tai Zen and Leon Fu behind the project. BTCZ is a community driven project without single "kings" ruling the development)

Extremely low marketcap below $10M that will allow much growth.
(If the market cap is over $100M you may be too late to the game already)

Proper denomination, coin count
(Unlike many others. So a $1.50 cup of coffee could be priced 1.50 BTCZ unlike it bring priced 0.00000000150 BTC or 0.0000150 XMR that will never be adopted.

Significant Development in Web APIs
Look at projects such as https://btcz.me

Significant achievements on eCommerce Payment Gateway
Look at eCommerce plugins here all developed and available to the public for free: https://btcz.in/# with terrible marketing, no one knows about it, well yet. The only other coins with this much work done are Dash and maybe Bitcoin. Unfortunately both DASH X11 and BTC SHA256 coins are centralized by ASICs now so the ownership and control is by Bitmain and dominated by those with low electricity cost and cooler regions, and no GPU mining for the avg person.

Currently Listed on TEN exchanges and more to come:
TradeSatoshi, Stocks.Exchange, Coinbene, Exrates, Crex24, C-CEX, BTC-Alpha, BarterDEX, Graviex, Cryptobroker.io (not recommending any exchangings, just making a list)

TXTz
One of the first projects to allow sending cryptocurrency with a dumb phone with a simple text (SMS messaging) only.

ZHash Technology - ASIC Killer
The first project to switch over to 144.5 Algo and kill off the new Bitmain Z9 and Inno A9 Equihash miners. BTG and others were very slow in making the change and many Equihash coins still have not made a change.

KioskZ
A true POS (Point of Sale) system. Introducing Kiosks for Restaurant use. Very cool device to allow BTCz payments for restaurants.
2  Alternate cryptocurrencies / Mining (Altcoins) / So where are the GPU miners going next? on: February 19, 2018, 07:09:06 PM
I am wondering with all the ASICs entering the market, the GPU miners are getting pushed into a small corner of a new coins. The best coin so far has been BTCZ for me since its hidden on coinmarketcap and it has remained the most profitable. But even that is not making nearly as much as a month ago.

I think what we need is a lot more new coins to spread the existing GPU power hashrate. But we don't have enough developers copy/pasting/fabricating new coins. What can we do to change this?

So

ASICs killed:

SHA256
Blake256R14
Blake256R8
Blake2B
Lbry
Pascal
Quark
Qubit
Myriad-Groestl
Groestl
Skein
LTC
X11
Ethash (Bitmain F3 is around the corner)
CryptoNight and CryptoNight Light (Baikal Giant N)

Whats left for GPU miners?

Equihash (its a matter of time before an ASIC is out)
NeoScrypt
Xevan
Lyra2z
Skunkhash
Tribus
Timetravel10
NIST5
Lyra2v2
YescryptR16



So here we go. Any devs want to create more coins that we can mine and make $5/GPU/day again like we did back in January 2018? (I mean besides BTCZ, thats a HODL coin)

3  Alternate cryptocurrencies / Mining (Altcoins) / Will there ever be an android miner? on: January 09, 2018, 10:04:49 AM
I mean with phones having so much processing power these days, are we ever going to see someone write the code for a new android miner that people can run on their phones and its GPU resistant?

I have to admit I got fooled into downloading some fake apps and thinking I'm mining eth but took me 3 hours to figure out they are fake. Lol

Thank you for all your comments!
4  Alternate cryptocurrencies / Altcoin Discussion / Whats the difference between an ICO and a 100% Premined Altcoin? on: December 27, 2017, 10:15:53 AM
SO

Whats the difference between an ICO and a 100% Premined Altcoin?


Arent they essentially the same thing? Someone mined all the coins in a blockchain for himself and SELLs them for fiat/BTC/ETH for his personal gain and calls it an ICO (with a few exceptions such as BAT for example).

Back in the day when someone premined 2% and then introduced the coin we would all get riled up and mad and call him a scammer. Even worse, there were some developers who didnt premine but somehow when the wallet/mining software was intraduced there were difficulties so somehow a large sum was "instamined". Yes Instamine was a BAD word back then because it meant someone Instantly mined say 1% of the total coins for himself . That was frowned upon.

Now a 100% premine, is all cool and these ICO dudes have Instagram ads and websites! I am stunned or maybe I dont understand the difference. Well technically I know a fork of litecoin and a "smart contract" are different in terms of programming language but essentially an ICO is a block chain where the owner has collected ALL the coins for himself and sells them for profit.

I was busy on this forum back in 2013 but I have been away since 2014 and just got back (they deleted my username here) in the game and I am kind of stunned by the appearance of these 100% premined, 100% creator owned altcoins called ICOs and how our community tolerates them. Whats worse is that all the money that goes into ICOs actually goes into the Ethereum owners pocked who sells the Eth to buy the ICO.

So what happened? How did we succumb to this?
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