[BLITZ] BLITZCASH | A brand new face for BlitzCoin | FITALIZE | TVE

[s8ndo]

where have all the blitz bull boys gone? 

[1714099377]

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[s8ndo]

Looking to sell your Blitz? PM me with your amount and price.

Same here 

$2 a coin. How many do you want?

[stokholminfinity]

Will there be people willing to breathe life into this project? It can be very promising, you need an idea and want to realize it.

[buta]

Will there be people willing to breathe life into this project? It can be very promising, you need an idea and want to realize it.

The project isn't dead, it's just not THE Stratis team priority right now (priority = full working development platform ready).

[x-online]

Just realised this coin is out of business, delisted from bittrex + inactive on cmc.

Can someone give me the latest news please?

I saw a couple of posts who wanna buy the coin?

[tibinpro432]

guys lmao this coin is fucking deeeeeeeeaaaad, let it go.  my god!  these loser devs bounced.

Why do you have such opinions?

[stokholminfinity]

It seems that the development team finally abandoned the project. Another explanation why there is no news that I do not find. Oblivion.

[smt_red]

The project dead, it's just 

[Chronner]

And I sold on January price growth of the prices))) Now I'm looking at the customs and again to buy ~ $ 100? to the new year will be a new smartphone)))

[CryptoSporidium]

Blitz is worth 1/6 of Stratis according to a deal made between Stratis founder Chris Trew and Blitz whales, one day this will be tested in court.

this is the document where the 1/6 number comes from

https://docs.google.com/document/d/1nmtoFYZJb0WBHYFiKyCpfpE4NGnMv21Q4dZ6oyQ2W4A/edit#

We will soon be announcing our next project. A Blockchain-as-a-service cloud platform, that will provide simple one click provisioning of btc, eth, nxt, bts etc blockchain nodes like the other baas providers. The new platform will offer private chains for developers and businesses to develop and test applications on their own private blockchain with customized specifications. These private chains will be pegged to the platforms parent blockchain and will utilized merged POS mining with elected nodes mining blocks for the private chains. This will remove the requirement for mining, seed nodes etc, while allowing customers of the platform to scale up or scale out. The aim is to significantly reduce the time required for developers and businesses to develop, test and deploy Blockchain solutions.
This BAAS Solution will have its own Blockchain, the private blockchains will be side chains off the parent blockchain with a 2 way peg in place.
To raise funds for the development and marketing, and to allow killakem to work full time on the project, we will have an IPO. This presents us with 2 options for Blitz holders:

Option A:
The new blockchain would have 24 million coins. The existing 4 million Blitzcoin would be exchanged for the IPO token. Then the other 20 million coins would be sold during the IPO. All of the funds raised would go into the development of this new parent blockchain, platform development and marketing. This platform will require elected nodes to secure the side chains, Blitz execs will have the first choice for operating one of these nodes, if option a is selected.
Please note these are example figures and this new blockchain is likely to have a higher coin supply.

Option B:
We keep Blitzcoin as is. We make the new blockchain its own Bitalize project that pays a % to Blitz Rewards.  This would mean the BAAS platform is isolated from Blitz. The new platform and blockchain will be developed in an open source manner. so some of the development could flow back into the Blitz Blockchain.

The guy who posted the google doc above was the then dev of Blitz (Chris Trew), he was planning Stratis, he suggested two options and asked some blitz whales to vote in a slack channel restricted to people with +30K Blitz.

Option A was a coin swap at rate 1/6
Option B was a % paid to blitz

Blitz whales voted for Option B, and the % has not been paid to date. We can assume from option A that Chris wanted Blitz holders to get 1/6 of the new project Stratis, either as a coin swap or a % of revenue/profits.

It's just a matter of time before the values of this deal make someone pull the trigger on a legal case against Chris Trew and Stratis.

[stokholminfinity]

Blitz is worth 1/6 of Stratis according to a deal made between Stratis founder Chris Trew and Blitz whales, one day this will be tested in court.

this is the document where the 1/6 number comes from

https://docs.google.com/document/d/1nmtoFYZJb0WBHYFiKyCpfpE4NGnMv21Q4dZ6oyQ2W4A/edit#

We will soon be announcing our next project. A Blockchain-as-a-service cloud platform, that will provide simple one click provisioning of btc, eth, nxt, bts etc blockchain nodes like the other baas providers. The new platform will offer private chains for developers and businesses to develop and test applications on their own private blockchain with customized specifications. These private chains will be pegged to the platforms parent blockchain and will utilized merged POS mining with elected nodes mining blocks for the private chains. This will remove the requirement for mining, seed nodes etc, while allowing customers of the platform to scale up or scale out. The aim is to significantly reduce the time required for developers and businesses to develop, test and deploy Blockchain solutions.
This BAAS Solution will have its own Blockchain, the private blockchains will be side chains off the parent blockchain with a 2 way peg in place.
To raise funds for the development and marketing, and to allow killakem to work full time on the project, we will have an IPO. This presents us with 2 options for Blitz holders:

Option A:
The new blockchain would have 24 million coins. The existing 4 million Blitzcoin would be exchanged for the IPO token. Then the other 20 million coins would be sold during the IPO. All of the funds raised would go into the development of this new parent blockchain, platform development and marketing. This platform will require elected nodes to secure the side chains, Blitz execs will have the first choice for operating one of these nodes, if option a is selected.
Please note these are example figures and this new blockchain is likely to have a higher coin supply.

Option B:
We keep Blitzcoin as is. We make the new blockchain its own Bitalize project that pays a % to Blitz Rewards.  This would mean the BAAS platform is isolated from Blitz. The new platform and blockchain will be developed in an open source manner. so some of the development could flow back into the Blitz Blockchain.

The guy who posted the google doc above was the then dev of Blitz (Chris Trew), he was planning Stratis, he suggested two options and asked some blitz whales to vote in a slack channel restricted to people with +30K Blitz.

Option A was a coin swap at rate 1/6
Option B was a % paid to blitz

Blitz whales voted for Option B, and the % has not been paid to date. We can assume from option A that Chris wanted Blitz holders to get 1/6 of the new project Stratis, either as a coin swap or a % of revenue/profits.

It's just a matter of time before the values of this deal make someone pull the trigger on a legal case against Chris Trew and Stratis.

Although some considerations and innovations on the project, because the silence on the part of developers depresses me. Let's hope that the project comes to life.

[buta]

As i said for a while, BLITZ can't be released when Stratis product aren't released. We need at least full node + sidechains. + Krushang said the priority isn't blitz atm (stratis full product ready).

Beside this evidence, if you look here https://chainz.cryptoid.info/blitz/#!crypto you can see that someone paid for hosting blitz on chainz.cryptoid 2 months more. Probably not that dead

But probably there will be no news before Q1/Q2 2019.

[mike0829]

The project dead, it's just 

It ain't dead yet, I have a strong feeling about it, you know? Maybe the developers are just trying to prioritize better or something? Maybe they're just holding off until they have something big to show us?

[lukax8]

I have some coins on bittrex, is there a working wallet where to make the deposit?
The official wallet doesn't sync although I updated nodes

[buta]

I have some coins on bittrex, is there a working wallet where to make the deposit?
The official wallet doesn't sync although I updated nodes

The official wallet works, i'm in.

[Crapsy]

Anyone up for buying 300 of BLITZCASH? Haven't followed what has happened but seems like there is something in between nothing going on here

[stokholminfinity]

Anyone up for buying 300 of BLITZCASH? Haven't followed what has happened but seems like there is something in between nothing going on here

Before, you could sell it for good money. Now it's all only coins that do not have value, but everything can change, because it's a crypto currency.

[Crapsy]

Anyone up for buying 300 of BLITZCASH? Haven't followed what has happened but seems like there is something in between nothing going on here

Before, you could sell it for good money. Now it's all only coins that do not have value, but everything can change, because it's a crypto currency.

Yeah, it was an investment back in the days I thought if someone knew something or still saw value in the project, would have been interested to buy the small bunch off.

[Crapsy]

Anyone up for buying 300 of BLITZCASH? Haven't followed what has happened but seems like there is something in between nothing going on here

Before, you could sell it for good money. Now it's all only coins that do not have value, but everything can change, because it's a crypto currency.

Yeah, it was an investment back in the days I thought if someone knew something or still saw value in the project, would have been interested to buy the small bunch off.

I guess no interest here. Have hold on then

[boomboom]

Anyone up for buying 300 of BLITZCASH? Haven't followed what has happened but seems like there is something in between nothing going on here

Before, you could sell it for good money. Now it's all only coins that do not have value, but everything can change, because it's a crypto currency.

Yeah, it was an investment back in the days I thought if someone knew something or still saw value in the project, would have been interested to buy the small bunch off.

I guess no interest here. Have hold on then

The history between blitz and straits well documented, and it's safe to assume some of the largest blitz holders are straits insiders and probably Chris Trew himself, so even if the original roadmap for blitz has been shelved, eventually there will be a swap of some kind for blitz holders, or some other reward for holding all this time.