[XCT] C-Bit - Elegantly Solving Bitcoin's Blocksize Problem [SHA256][POW]

[Martens58]

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010010010100101001010010101001001010010100010101         Embrace  Us or  Fight Us         0101010101010010101001010101001010100101010101010
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1101001010110101001010101010101010101010010101010110011001011001010101001010101 101010101010010101010100100101XXXXXXXXX..............

[1714685919]

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[1714685919]

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[1714685919]

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[1714685919]

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[theboccet]

@Martens58 this is weird Man!! you will make them more afraid of it 

[gembitz]

@Martens58 this is weird Man!! you will make them more afraid of it  

^ satoshi obviously       lel

[Martens58]

Wow, who did this ?

[OSMIUMCOIN]

Wow, who did this ?

I make

[OBAViJEST]

Hi guys

I created a copy of this ANN over on the Cryptopia forums, so that it has a link in our site's coin info page.  Let me know if you want it to be modified in any way:)

https://www.cryptopia.co.nz/Forum/Thread/594

[theboccet]

@Martens58 this is weird Man!! you will make them more afraid of it  

^ satoshi obviously       lel

yup but I think satoshi is out of the project from a long time with a bunch of good BTC wallets to chill on and a new identity 
Martens can be the new nakamoto with an american name!!!

[Martens58]

It's good to see a good community developing around C-bit.
Thanks a lot guys. It's so much better than the bitching on
other coins. Just remember that starting tomorrow, look
around here and don't be confused who the new and old
guys are and were. There will be a lot of confusion and
misinformation being spewed about C-bit.

[kahir]

everything is so solid .... except the main purpose i never like the bitcoin 2.0 thing

[theboccet]

everything is so solid .... except the main purpose i never like the bitcoin 2.0 thing

Understand it but bitcoin 2.0 is the evolution of the technology as every technology is destined to evolve and C-BIT is built from .12 bitcoin source code.
starting from Bitcoin 2.0 I can say C-BIT represent the evolution of it to 2.1  

PS: I like your madara avatar 

[CryptoRekt]

It's good to see a good community developing around C-bit.
Thanks a lot guys. It's so much better than the bitching on
other coins. Just remember that starting tomorrow, look
around here and don't be confused who the new and old
guys are and were. There will be a lot of confusion and
misinformation being spewed about C-bit.

Don't worry brotha those of us who believe in what you and the developers behind this project are doing will stick with you through the bullshit.

We are a community after all.

Idk what's going down tomorrow but I am sure stoked to find out.

See y'all in tahiti.

Cheers-
Rekt

[CryptoRekt]

Wow, who did this ?

I make

Well you are talented. This looks really really good.

[Martens58]

Up over 40 Million on the Difficulty now.

[donnyespo]

Wow, who did this ?

I make

Well you are talented. This looks really really good.

Yea I like the graphics also give me your XCT address ill send a donation

[earlz]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

C-BIT https://bitcointalk.org/index.php?topic=1374770.0

Code Quality Grade: C
This coin might have some serious problems that should be fixed, but is probably safe to use and not serious enough to be a viable attack vector.

Heritage: Directly from Bitcoin 0.12.0 (self reported and confirmed)

Problems:

* MINOR: Alert key has not been changed
** This could allow for the developer of the coin whcih this was forked from to broadcast a malicious network alert
** If the intention is to disable the alert system, the alert key should be set to "0"
* MAJOR: The coin was announced first on an email list and an hour later was announced on Bitcointalk
** Although the email list was freely available for sign up, this is not what I would consider a "public" release
** This uses the naive Bitcoin difficulty adjustment, and thus did not compensate well for the initial early difficulty spike
** The end result is that about 6500 blocks were mined before the "public" announcement on Bitcointalk and elsewhere

Notes:

Weird search-replace error?
- -            return "node misbehaving";
+            return "node misbehabing";

Watermarks: pow, bitcoin, sha256

Interested in getting a coin reviewed?
Find more details about Earlz's reviews at http://earlz.net/static/reviews.html

This coin review is PGP signed. You can verify this signature at https://keybase.io/earlz
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Kinda sucks I had to give this a C, but the announcement problem is definitely a major issue, and if any major issue is found it's at least a C. The code and wallet itself is all good.

[C-bit Bitcoin]

we changed the alert key to 0 (for now), and also that typo, amusing, was in the bitcoin source code at the time

https://github.com/bitcoin/bitcoin/commit/0830552673e37142599de897e87510f2f9866e1e#diff-1a8b9d1ad0a6fda5e751286c73102fc2

thanks!

[gembitz]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

C-BIT https://bitcointalk.org/index.php?topic=1374770.0

Code Quality Grade: C
This coin might have some serious problems that should be fixed, but is probably safe to use and not serious enough to be a viable attack vector.

Heritage: Directly from Bitcoin 0.12.0 (self reported and confirmed)

Problems:

* MINOR: Alert key has not been changed
** This could allow for the developer of the coin whcih this was forked from to broadcast a malicious network alert
** If the intention is to disable the alert system, the alert key should be set to "0"
* MAJOR: The coin was announced first on an email list and an hour later was announced on Bitcointalk
** Although the email list was freely available for sign up, this is not what I would consider a "public" release
** This uses the naive Bitcoin difficulty adjustment, and thus did not compensate well for the initial early difficulty spike
** The end result is that about 6500 blocks were mined before the "public" announcement on Bitcointalk and elsewhere

Notes:

Weird search-replace error?
- -            return "node misbehaving";
+            return "node misbehabing";

Watermarks: pow, bitcoin, sha256

Interested in getting a coin reviewed?
Find more details about Earlz's reviews at http://earlz.net/static/reviews.html

This coin review is PGP signed. You can verify this signature at https://keybase.io/earlz
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Kinda sucks I had to give this a C, but the announcement problem is definitely a major issue, and if any major issue is found it's at least a C. The code and wallet itself is all good.

C+ ?    haha

[danonthehill]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

C-BIT https://bitcointalk.org/index.php?topic=1374770.0

Code Quality Grade: C
This coin might have some serious problems that should be fixed, but is probably safe to use and not serious enough to be a viable attack vector.

Heritage: Directly from Bitcoin 0.12.0 (self reported and confirmed)

Problems:

* MINOR: Alert key has not been changed
** This could allow for the developer of the coin whcih this was forked from to broadcast a malicious network alert
** If the intention is to disable the alert system, the alert key should be set to "0"
* MAJOR: The coin was announced first on an email list and an hour later was announced on Bitcointalk
** Although the email list was freely available for sign up, this is not what I would consider a "public" release
** This uses the naive Bitcoin difficulty adjustment, and thus did not compensate well for the initial early difficulty spike
** The end result is that about 6500 blocks were mined before the "public" announcement on Bitcointalk and elsewhere

Notes:

Weird search-replace error?
- -            return "node misbehaving";
+            return "node misbehabing";

Watermarks: pow, bitcoin, sha256

Interested in getting a coin reviewed?
Find more details about Earlz's reviews at http://earlz.net/static/reviews.html

This coin review is PGP signed. You can verify this signature at https://keybase.io/earlz
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Kinda sucks I had to give this a C, but the announcement problem is definitely a major issue, and if any major issue is found it's at least a C. The code and wallet itself is all good.

So 6,500 blocks x 500 = 3,250,000 coin instamined before public announcement.

[C-bit Bitcoin]

So 6,500 blocks x 500 = 3,250,000 coin instamined before public announcement.

that's incorrect, we had/have a public website, along with a Google Adwords campaign, and a page was set up for people to add their email to a list, and they were notified at launch. we consider that to be public. BitcoinTalk is not the only means of announcing a coin launch. We immediately started creating the OP here, after the email blast was sent out to interested people.

[Bank_sy]

So 6,500 blocks x 500 = 3,250,000 coin instamined before public announcement.

that's incorrect, we had/have a public website, along with a Google Adwords campaign, and a page was set up for people to add their email to a list, and they were notified at launch. we consider that to be public. BitcoinTalk is not the only means of announcing a coin launch. We immediately started creating the OP here, after the email blast was sent out to interested people.

why?

* MAJOR: The coin was announced first on an email list and an hour later was announced on Bitcointalk
** Although the email list was freely available for sign up, this is not what I would consider a "public" release
** This uses the naive Bitcoin difficulty adjustment, and thus did not compensate well for the initial early difficulty spike
** The end result is that about 6500 blocks were mined before the "public" announcement on Bitcointalk and elsewhere

not considered public the way you instamined