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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [BTCS] Bitcoin-sCrypt Hybrid Proof-of-Stake/Proof-of-Work Release: 09-2018 on: August 31, 2018, 05:47:30 PM



Community,
 
The upgrade of the Bitcoin-sCrypt (BTCS) protocol from pure Proof-of-Work (POW) to a Proof-of-Work/Proof-of-Stake hybrid (POW/POS) is now scheduled for release in September of 2018.  This will be the first time since the Bitcoin-sCrypt genesis block in 2013 that the network will not be utilizing a pure Proof-of-Work consensus mechanism.

We are truly excited about the new hybrid POS/POW block consensus protocol, which will decentralize mining and block confirmation by allowing Bitcoin-sCrypt (BTCS) hodlers to help secure the network by staking their BTCS coins.
 
Spidersbox's dev team has updated the protocol, and an upgraded BTCS client has been released internally and is currently being tested on the testnet prior to public release next month.
 
The new Bitcoin-sCrypt client will allow both POW mining and POS staking through the client directly.  Newly generated coins will still require 100 confirmations before they can be spent, regardless if generated via POW or POS.
 
Additional information concerning how POS works, POS specifications and how to stake your BTCS will be published in the coming weeks, along with the client release date and hardfork date.
 
Bitcoin-sCrypt is traded as BTCS and is available at the Cryptopia, C-CEX and TradeSatoshi exchanges.

  
Thanks for your continued support,
 
Bitcoin-sCrypt Dev Team



 
LINKS
Official Website:  https://bitcoinscrypt.io
Official Dev Blog: https://theotherbitcoin.com
Telegram: https://t.me/BitcoinScryptOfficial
Discord: https://discord.gg/EAXdR8j
Twitter: https://twitter.com/theotherbitcoin
Facebook: https://www.facebook.com/groups/BitcoinScrypt/

Cryptopia: https://www.cryptopia.co.nz/Exchange/?market=BTCS_BTC
C-CEX: https://c-cex.com/?p=btcs-btc
TradeSatoshi: https://tradesatoshi.com/Exchange/?market=BTCS_BTC
2  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] on: August 31, 2018, 05:40:48 PM
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3  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Bitcoin-sCrypt (BTCS) Successful Hardfork on: February 20, 2018, 12:42:43 AM
Community,


We are pleased to announce that the Bitcoin-sCrypt blockchain successfully hard-forked on Monday, February 19, 2018.  This planned hard-fork will optimize the mining algorithm to allow for more consistent block confirmations.


Now that the Bitcoin-sCrypt blockchain has successfully forked and the blockchain is running smoothly, we are ready to begin the first official marketing push to announce the Bitcoin-sCrypt revival to the rest of the crypto-community.


As such, in the coming weeks we will announce the beginning of an organized marketing campaign for each of the following categories:

1. Press Releases to the major mainstream media and crypto-news outlets announcing the Bitcoin-sCrypt revival.

2. Paid advertising campaign on financial and crypto-related websites announcing the Bitcoin-sCrypt revival.

3. Bitcoin-sCrypt giveaway campaign

4. Expansion of Bitcoin-sCrypt development team

5. Expansion of Bitcoin-sCrypt marketing team

6. Organized Social Media campaign:

    A. Telegram Campaign

    B. Twitter Campaign

    C. Facebook Campaign

    D. Reddit Campaign

    E. Bitcointalk ANN Campaign

    F. Cryptocointalk Campaign


Additionally, after the news media and social media campaigns get traction, we will be doing an organized push to get Bitcoin-sCrypt listed on more altcoin exchanges.

Specifically, we have organized the relevant altcoin exchanges into two categories:  (1) exchanges that list new coins based on popularity and (2) exchanges that require payment in order to list.  Our plan is to address the exchanges in category one first and exchanges in category two afterwards.

Finally, we are looking for people to assist in the different social media channels.  If you are interested in assisting with the Bitcoin-sCrypt marketing campaign please reach out to me (Smokeasy) via email or social media (below).

Thanks and we are excited about officially starting the marketing campaign for the revival of Bitcoin-sCrypt!



BITCOIN-SCRYPT LINKS
website: https://bitcoinscrypt.io
blog: http://theotherbitcoin.com
telegram: https://t.me/BitcoinScryptOfficial
discord: https://discord.gg/vazdUk



Regards,

Smokeasy
(Jim A. Joseph)
LinkedIn: https://www.linkedin.com/in/jim-a-joseph-124a6129/
Telegram: @smokeasy
Email: admin@theotherbitcoin.com
Bitcointalk: Smokeasy
Cryptocointalk: Smokeasy
Discord: @Smokeasy#7689
4  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [BTCS] Revival of Bitcoin-sCrypt (New Dev Team & Move to POS/POW Hybrid) on: December 13, 2017, 05:37:40 PM
IMPORTANT:  BTCS HARDFORK ON MARCH 26, 2018.  ALL CLIENTS MUST UPGRADE TO V.1.7.0!!!

Community,

We are pleased to announce that the official revival of the Bitcoin-sCrypt (BTCS) Altcoin has begun.  As such, we have three important announcements to share.


Announcement 1

As part of the revival, we have set up a Bitcoin-sCrypt Discord channel for the BTCS community to communicate.

Join the live Bitcoin-sCrypt discussion here:  https://discord.gg/EAXdR8j


Announcement 2

As part of the revival, Spidersbox will take over lead development for Bitcoin-sCrypt and Smokeasy will step back to take a secondary supporting role.

Spidersbox is a talented and experienced cryptocoin developer who has agreed to take over leadership of the Bitcoin-sCrypt project to restore BTCS back to its previous luster...with assistance from his team from previous cryptocoin projects reviving other coins, which include:
BitBar
LiteBar
BitcoinFast
LitecoinPlus


We welcome Spidersbox and his team to the Bitcoin-sCrypt community!


Announcement 3

As part of the revival, Bitcoin-sCrypt is looking to change the consensus mechanism from pure Proof-of-Work to a hybrid Proof-of-Work/Proof-of-Stake system to ensure mining remains decentralized.

The first steps will be adding repairwallet, zapwallettxes and coin control to the current client wallet to set up the framework for implementing Proof-of-Stake.  These changes will not require a hard-fork, while the later change to a hybrid Proof-of-Stake system will.

More info can be found at the official Bitcoin-sCrypt Discord channel: https://discord.gg/EAXdR8j



We are excited about the future of Bitcoin-sCrypt!  

BTCS is currently listed on https://cryptopia.no.nz and https://c-cex.com.  We are working on getting it on additional exchanges.



Thanks,

~Smokeasy

Originally posted at: http://theotherbitcoin.com/announcing-the-revival-of-bitcoin-scrypt-btcs
5  Economy / Service Announcements / [UPDATE] CryptoVoter Bitcoin Blockchain Voting Update on: November 05, 2015, 11:50:46 PM
We recently reached out to Bitcoin core-developer Gavin Andresen for some feedback on CryptoVoter’s proposal to hold a Bitcoin BTC shareholder-style blockchain vote to poll coin holders on whether to increase the maximum transaction blocksize and he kindly responded with some helpful feedback. (see https://twitter.com/gavinandresen/status/657563129493065728)

After careful consideration of Gavin Andresen’s response, we believe that CryptoVoter’s Shareholder-style Blockchain Voting proposal would be most effective for use with alternative cryptocoins and private-blockchains, and inappropriate for use on the Bitcoin blockchain because it would require long-term Bitcoin holders to move secured coins out of cold storage, hardware wallets and multisig protected addresses in order to vote.

Even though the CryptoVoter voting client is open-source and users’ coins remain secure throughout the voting process, we believe it would be reckless to ask large Bitcoin holders to take their coins out of secure storage to cast non-binding votes.

Accordingly, CryptoVoter is cancelling the upcoming Bitcoin BTC blockchain vote on whether to increase the maximum blocksize.  Instead, we will focus on utilizing CryptoVoter’s shareholder-style blockchain voting on smaller altcoins (like Bitcoin-sCrypt [BTCS]) and private blockchains.

Since CryptoVoter’s founding, our goal has been to help strengthen the Bitcoin ecosystem and while we intend to still move forward with our mission to decentralize Cryptocoin development, we want to do so in a responsible way that encourages Bitcoin best-practices when it comes to security and Bitcoin storage.  We hope our supporters understand.

As a self-funded startup this decision to cancel Bitcoin blockchain voting is very costly financially, but we believe it is for the greater good.   (On a side note, if you support this decision, want to help, or are just feeling generous, please consider sending a donation our way:  1P7e62V3fgqcV2gpPchTr8Wz7uUZ22uRRi)

Thanks for understanding our decision and  we look forward to continuing our work on decentralizing Cryptographic currency development.
6  Economy / Service Announcements / [ANN] Launch of CryptoVoter Blockchain Voting for Bitcoin (BTC) - Blocksize Poll on: October 22, 2015, 07:51:49 PM
Bitcoin-core Blockchain Voting with CryptoVoter-BTC has officially opened today with voting currently scheduled to complete on BTC Block 382250 around November 6, 2015.  However, we will consider pushing back the voting deadline date to increase participation based on community feedback.

This initial meta-vote on whether to increase the maximum blocksize is a non-binding poll to gauge community support for increasing the maximum blocksize.

The Voting website can be found here: http://btc-voter.com
The CryptoVoter-BTC voting client source-code can be found here:  http://github.com/cryptovoter-client/cryptovoter-btc-client
Instructions on self-compiling for Windows and Linux can be found here:  http://btc-voter.com
Windows and Linux Executables can be found here: http://btc-voter.com

For questions, comments or suggestions, please contact us at: info@cryptovoter.com

7  Bitcoin / Project Development / [INFOGRAPHIC] CryptoVoter-BTCS Blockchain Vote I - 48 Hour Voting Deadline Block on: October 01, 2015, 08:20:37 AM
CryptoVoter is an open-source shareholder-style blockchain voting client and was recently featured in TechCrunch (techcrunch.com/2015/09/21/a-solution-to-bitcoins-governance-problem/).

Below, please find the 48-hour voting deadline block announcement for the first official cryptovoter blockchain vote, along with an explanatory infographic.


Quote
The voting deadline block for the first CryptoVoter blockchain vote for Bitcoin-sCrypt (BTCS) blockchain vote I is block number 333,333 (to vote on changing the logo) estimated to occur on Oct. 02, 2015.  
  • The Bitcoin-sCrypt blockchain vote II (to vote on changing the coin's name) is estimated to occur on Oct. 16, 2015, and the voting deadline block for that vote will be announced 48-hours before that date.
  • The Bitcoin-core blockchain vote I (to vote on changing the maximum blocksize) is estimated to occur on Oct. 23, 2015, and the voting deadline block for that vote will be announced 48-hours before that date.

For information on voting, please see the attached infographic showing how easy it is to vote in three simple steps:
  • 1. Download CryptoVoter-BTCS voting client v.1.10.1 (http://btcs-voter.com)
  • 2. Launch the voting client and cast your vote before Bitcoin-sCrypt voting deadline block 333,333
  • 3. Wait until block 333,333 has been solved and added to the blockchain before moving your coins or your vote may not count
(*) Vote results can be found by using the voting client, the voting website or by searching with a Bitcoin-sCrypt blockchain explorer.
 
Remember, for votes to count users must send coins to their voting address before the voting deadline block 333,333, and keep them there until that block has been solved and confirmed in the blockchain.


8  Economy / Services / [INFOGRAPHIC] CryptoVoter-BTCS Blockchain Vote I - 48 Hour Voting Deadline Block on: October 01, 2015, 07:54:27 AM
Moved to https://bitcointalk.org/index.php?topic=1197577.msg12570177#msg12570177
9  Alternate cryptocurrencies / Mining (Altcoins) / Scrypt Mining ASIC's on: September 25, 2015, 10:28:21 PM
can someone kindly point me to where I can find hash rates and prices for the latest scrypt asics out there? 
10  Alternate cryptocurrencies / Service Announcements (Altcoins) / [ANN] CryptoVoter - Shareholder-style Blockchain Voting for all Blockchain coins on: September 01, 2015, 02:37:51 AM
11  Alternate cryptocurrencies / Announcements (Altcoins) / [PRE-ANN] Bitcoin-sCrypt - Decentralizing Development with CryptoVoter on: August 31, 2015, 09:54:56 PM
We are pleased to announce that Bitcoin-sCrypt will be the first cryptographic currency to implement decentralized development through a new shareholder-style blockchain voting service called CryptoVoter.
 
The official CryptoVoter announcement can be found here.  
https://bitcointalk.org/index.php?topic=1167521.0

The launch infographic can be found below.  A high resolution image of the infographic can be found here: http://theotherbitcoin.com/wp-content/uploads/2015/08/CryptoVoter-Launch.png
 
This teaser announcement will be replaced with an officially announcement and coordinated social media campaign when CryptoVoter officially releases on September 14, 2015.
 
Bitcoin sCrypt Updates:
  • A new node has been added to the network.
  • The official Bitcoin-sCrypt website has changed to bitcoinscrypt.co.
  • Both the new official website and the btcs developers blog (theotherbitcoin.com) have been updated.
  • Finally, an updated Bitcoin-sCrypt wallet client and blockchain explorer are expected to be released next week.

Again, this pre-ann is just a taste before the official announcement September 14, 2015, but we wanted to give the community a heads up before the official announcement takes plan then.
 
Decentralizing development through blockchain consensus: it’s time to make cryptos interesting again.
 
More info to follow.
 
-Smokeasy

INFOGRAPHIC EXPLAINING BLOCKCHAIN VOTING CAN BE FOUND HERE
12  Economy / Service Announcements / [ANN] CryptoVoter - Decentralized Shareholder-style Blockchain Voting on: August 31, 2015, 09:46:09 PM
Decentralizing Development through Coin-holder Consensus

To increase the blocksize or not increase the blocksize, that is the question.   As core developers quarrel and mining pools take sides, the world of Bitcoin-holders wait.
 
The genius of the Bitcoin Blockchain is in its ability to leverage asymmetrical cryptography to empower the individual through decentralization.  Time, however, has taught us that Bitcoin’s real risks come not from within, but from its interactions with the old centralized-world from which it was born.
 
     For instance:
 
     1 – Centralized exchanges promote centralized theft.
 
     2 – Centralization from mining pools concentrates the hashing power used to approve transactions and change the code, while simultaneously increasing the probability of a successful 51% attack.
 
     3 – Centralized development gives us centralized decision-making and is leading to dilutive hard-forks.
 
Our focus here is on issue number three: centralized development.
 
With the controversy between Bitcoin-Core, Bitcoin-XT, BIP100, BIP101, et al., growing by the day, we now have centralized developers wooing the ever-centralizing mining pools to get the consensus they need to decide the fate of increased blocksizes.
 
And where exactly are the Bitcoin-holders in this decision-making process?  Well, they aren’t.
You see, Bitcoin-holders are stuck waiting on the sidelines to have these centralized decision-makers shove “consensus” down their decentralized throats because, you know, Bitcoin is a decentralized currency and all.
 
Newsflash: Bitcoin-holders are the actual owners of Bitcoin and, consequently, have a bigger stake in Bitcoin’s outcome than either the mining pools or developers. Yet, the only decentralized stakeholders left in this “consensus” equation, the Bitcoin-Holders themselves, are completely removed from it.
 
But with blockchain technology, there is a better way: decentralized blockchain consensus.
 
Decentralized Shareholder-style Blockchain Voting

We propose a simple and clean decentralized shareholder-style blockchain voting system that allows Bitcoin-holders to cast votes on development issues in proportion to their ownership stake in Bitcoin itself; all without ever giving up control of their coins, or without needing trusted-third-parties to hold, cast or audit votes.
 
Decentralized shareholder-style blockchain voting provides the mandate developers need to push out controversial updates and will finally give a voice to Bitcoin-holders in a non-binding public forum that requires zero changes to the existing codebase.
 
In addition to creating an objectively fair method for resolving development conflicts, decentralized blockchain voting would also incentivize information-sharing between developers and the Bitcoin community.  Furthermore, one day decentralized blockchain voting could give rise to competing developer factions who propose features for Bitcoin-holders to decide, and miners to subsequently adopt, rather than having a handful of centralized developers decide issues top-down.  
 
Accordingly, in response to the shortcomings of centralized development, we now bring you CryptoVoter.
 
CryptoVoter

In a nutshell, decentralized shareholder-style blockchain voting, aka CryptoVoter, works by using vanity Bitcoin addresses to create a personalized vanity voting address in the user’s wallet file to allow users to send coins to themselves to publicly register votes.
 
 
More specifically, to vote the user picks an answer choice and simply sends coins from one address in their wallet to another vanity voting address in their wallet before the published voting blockheight deadline.  This vanity voting address is personalized with a pre-designated voting pre-fix that represents a voting question and answer pair reflecting the user’s vote choice.
 
To count votes, at the designated voting blockheight deadline anyone can search voting results by doing a simple wildcard search (*) on any blockchain explorer.  To eliminate double-voting, coins not confirmed in a voting address at the block-height deadline do not count.  Additionally, requiring +n confirmations to the voting blockheight deadline could further secure the voting.
 
The CryptoVoter client would perform this functionality automatically and would provide: (i) a user-friendly interface to automatically complete the voting steps; (ii) options to manually complete the voting steps (if desired); and, most importantly, (iii) will have its source-code published on Github with deterministic Gitian build instructions and file checksum hashes provided, so anyone can verify the safety and authenticity of the CryptoVoter client.
 
Ultimately, with decentralized blockchain voting any user could propose, vote and audit votes themselves using the blockchain without the necessity of trusted-third parties.  And best of all, it works on all blockchain-based cryptocoins that use asymmetrical public-key encryption.
 
After over a year of development (and setbacks), we filed a patent application and completed alpha-testing this summer (USPTO Non-Prov Patent App # 14745370).
 
Thus, we are pleased to announce that CryptoVoter is ready for official launch September 14, 2015.
 
CryptoVoter Release Date:  September 14, 2015

For the initial launch the first cryptocoin to decentralize development through CryptoVoter’s shareholder-style blockchain voting service will be the Bitcoin-sCrypt alt-coin (BTCS), with plans to expand to Bitcoin-Core and other alt-coins shortly thereafter…if the community supports our efforts.
 
So join us in our attempt to shift power away from centralized developers and mining pools to Bitcoin-holders themselves, and help further the democratization of finance through Bitcoin blockchain technology.
 
The future is decentralization.
 
For more information check out our CryptoVoter infographic below.
 
info [[at]] cryptovoter.com
 
www.cryptovoter.com
 
Follow us on Twitter:
@cryptovoter
 
Support our efforts: 1M5Uiye4tGUver2LHUzWPkZvH9cuuoomuj

Original Article posted at: http://theotherbitcoin.com/decentralizing-development-through-coin-holder-consensus

13  Alternate cryptocurrencies / Altcoin Discussion / [UPDATE] Bitcoin sCrypt Developments on: August 07, 2014, 04:30:07 PM
All,
 
We wanted to provide a quick update concerning BTCS exchange listings and an update on the development of our decentralized blockchain voting application.
 
AFOAF reached out to the exchanges that recently de-listed BTCS due to low trading volume and asked whether they would re-list BTCS again if volume and interest increased: two responses were positive and the other was enlightening.
 
Low Volume
 
Both Poloniex and C-Cex indicated that they would re-list BTCS if trading volume increased sufficiently.
 
In light of this, the upcoming release of the decentralized block-chain voting application gives us the perfect opportunity to get re-listed by increasing interest and demand for Bitcoin sCrypt as the first coin to democratize development through block-chain voting.
 
Coin Code Confusion
 
Interestingly, however, Mintpal stated that they probably would not re-list BTCS because "[a]long with the low volume, a lot of users got confused by the coin code [BTCS] as it was too similar to BTC."  
 
I personally know of a few users who sent BTCS to Mintpal's BTC address and vice-versa.  While the funds were eventually recovered because the wallets are cross-compatible, it created a headache for the exchange so it's understandable why they would be hesitant to re-list BTCS.
 
After I took over development from the original coin developer (Omega6), I unilaterally changed the Bitcoin sCrypt AppData directory so that it no longer conflicted with the Bitcoin SHA256 AppData folder and confused users.  
 
Similarly, in response to Mintpal we want to change the coin code in the next client update to eliminate confusion but fought the urge to unilaterally change the coin code this time because of our commitment to shifting coin development decisions from developers to the community through block-chain voting.
 
As such, we will expand the initial set of housekeeping votes to include a vote on whether to change the coin code from BTCS to something less confusing.    This housekeeping voting item is slated for after our initial vote on whether to change the logo.
 
Blockchain Voting Update
 
Finally, we wanted to provide an update regarding our development of the decentralized block-chain voting application.  
 
We have completed Phase 1 of alpha-testing and are beginning internal testing of the voting client for Phase 2, and anticipate expanding Phase 2 to the alpha-testing user base shortly.
 
 
~Smokeasy
 
Original Whitepaper on decentralizing development through block-chain voting can be found here:
https://cryptocointalk.com/topic/3449-decentralizing-development-through-vanity-voting/?p=30684
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