bits4books (OP)
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 12:51:31 PM |
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Thanks a lot for the compliment . We are getting more improvements to the coin and are simultaneously building our platform
sure would love to some more development and the platform hoping for signature campaign too I am also interested in a signature campaign . so ping me also yes for sure . We will PM interested candidates
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 12:53:59 PM |
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Our network Difficulty and Network hash
 { "blocks" : 821, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 201.44519290, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 1252439080, "pooledtx" : 0, "testnet" : false }
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chuckypalumbo
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March 28, 2017, 12:56:49 PM |
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Our network Difficulty and Network hash
 { "blocks" : 821, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 201.44519290, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 1252439080, "pooledtx" : 0, "testnet" : false }
mining diff is to great now can't mine with my asics will buy the coin when it gets cheaper
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pajrinn
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March 28, 2017, 01:05:12 PM |
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will you escrow your premine ? to bring more credibility so that we know that you won't dump on us
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pajrinn
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March 28, 2017, 01:07:57 PM |
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Nice update , I like how the project is moving . Just to secure investors interest it would be good if you escrow the premine best regards Dev Update 1.0.4Z ANN UPDATED
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pajrinn
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March 28, 2017, 01:08:54 PM |
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Need more updates about the coin and a white paper launch will also help in future to get more investors for the project Dev Update 1.0.4X
What is Mbit ?
MBIT is a P2P cryto-currency which secures sharing of music and books by users on blockchain . MBIT enables artists and authors to own and control their content and be paid directly for sharing their content online on mbit platform . Users are able to buy the content from artists and authors of their choice on the distributed ledger . Artists and Authors are able to protect their content online by flagging and reporting content which is plagiarized and infringes copyright violation .
The Advantages of using Mbit platform is :- 1) Better Monetization of Content 2) Control over Publication 3) Building online community 4) Unique ID for Artists and Authors 5) Unalterable Content 6) Record stored on metadata containing ownership of content
Users are able to create their own community online like myspace and are able to share content online . MBIT gives more control over to creator on how their content and associated data circulate among fans and followers .
Looks good , Will be contributing to this development Sure , all contributions are welcomed
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 01:12:46 PM |
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will you escrow your premine ? to bring more credibility so that we know that you won't dump on us
yes we would be locking our premine in a multi-sig escrow soon with signature . Till then we are hoping to sell some MBIT to investors to get development funds to work more on the project Best Regards Rubin Mbit Dev
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pajrinn
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March 28, 2017, 01:22:16 PM |
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Yes , that would be good . The project is nice , I will invest some bitcoin into it and look where it goes
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frankkkkkkk
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March 28, 2017, 01:23:44 PM |
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Can you introduce your team? I have not found anything about your team.
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 01:28:10 PM |
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Can you introduce your team? I have not found anything about your team.
yes we will do soon right now we are focusing on the platform and signature campaign to get more attention for the coin For now we can hint that our team is made up of geeks and nerds only who love coding and less social interaction BestRegards , Rubin MbitDev
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silversurferd
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March 28, 2017, 01:55:02 PM |
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Our network Difficulty and Network hash
 { "blocks" : 821, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 201.44519290, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 1252439080, "pooledtx" : 0, "testnet" : false }
Yes difficulty is huge now . Can't mine with my rig
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BLON
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frankkkkkkk
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March 28, 2017, 02:05:49 PM |
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I open the wallet and found the wallet is just folked of LTC... Can you explain it?
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bits4books (OP)
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 02:11:27 PM |
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 02:14:22 PM |
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I open the wallet and found the wallet is just folked of LTC... Can you explain it?
yes , the wallet and the code is fork of ltc , we would be building on top of it with the help of SigWit . The role of mbit tokens here is to act as a currency which would help artists and authors to monetize their content .
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 02:20:06 PM |
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UPDATE 1.0.5.X.C Mbit Platform Launched Mbit would be built upon the platform with bitcoin and mbit integration Artists and Authors would be able to monotize their content online http://www.mbitbooks.co/ All rights over the mbit platform is reserved by the mbit dev team We would be releasing a Roadmap soon and would have a new update for it in coming days
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silversurferd
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March 28, 2017, 02:29:13 PM |
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UPDATE 1.0.5.X.C Mbit Platform Launched Mbit would be built upon the platform with bitcoin and mbit integration Artists and Authors would be able to monotize their content online http://www.mbitbooks.co/ All rights over the mbit platform is reserved by the mbit dev team We would be releasing a Roadmap soon and would have a new update for it in coming days Platform looks very good actually . Would be waiting for more development , this coin should be added to more exchanges
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BLON
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frankkkkkkk
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March 28, 2017, 02:39:59 PM |
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I open the wallet and found the wallet is just folked of LTC... Can you explain it?
yes , the wallet and the code is fork of ltc , we would be building on top of it with the help of SigWit . The role of mbit tokens here is to act as a currency which would help artists and authors to monetize their content . So you mean MBIT have nothing but a wallet folk of LTC... What's the use of it
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 02:41:58 PM |
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I open the wallet and found the wallet is just folked of LTC... Can you explain it?
yes , the wallet and the code is fork of ltc , we would be building on top of it with the help of SigWit . The role of mbit tokens here is to act as a currency which would help artists and authors to monetize their content . So you mean MBIT have nothing but a wallet folk of LTC... What's the use of it Mbit would be used for monetizing platfrom content on where authors and artisits would be able to share content online and get payed in bitcoin and mbit . Please see our platfrom :- http://www.mbitbooks.co/
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JonHind
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March 28, 2017, 02:51:07 PM |
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looks like lots of mining pressure on the coin . Diff is readjusting and mining blocks is getting difficult . 19:37:57  "getmininginfo" 19:37:57  { "blocks" : 821, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 201.44519290, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 1252439080, "pooledtx" : 0, "testnet" : false } 20:18:59  "getmininginfo" 20:18:59  { "blocks" : 824, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 201.44519290, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 1224387537, "pooledtx" : 1, "testnet" : false } 2017-03-28 12:59:02 Added time data, samples 9, offset -1 (+0 minutes) 2017-03-28 12:59:02 nTimeOffset = -1 (+0 minutes) 2017-03-28 12:59:02 receive version message: /Satoshi:1.0.0/: version 70002, blocks=821, us=[2406:e00:110:87c0:d075:9d3a:56f0:6b8d]:55584, them=[2a01:4f8:c0c:107f::2]:12207, peer=[2a01:4f8:c0c:107f::2]:12207 2017-03-28 12:59:23 accepted connection [2001:41d0:2:5bd6::]:58453 2017-03-28 12:59:23 send version message: version 70002, blocks=821, us=[2406:e00:110:87c0:5cf9:6acf:b254:6ad7]:12207, them=[2001:41d0:2:5bd6::]:58453, peer=[2001:41d0:2:5bd6::]:58453 2017-03-28 12:59:23 Added time data, samples 10, offset +18 (+0 minutes) 2017-03-28 12:59:23 receive version message: /Satoshi:1.0.0/: version 70002, blocks=821, us=[2406:e00:110:87c0:5cf9:6acf:b254:6ad7]:12207, them=[2001:41d0:2:5bd6::]:12207, peer=[2001:41d0:2:5bd6::]:58453 2017-03-28 13:01:24 accepted connection [2a01:4f8:c0c:107f::2]:44235 2017-03-28 13:01:24 send version message: version 70002, blocks=821, us=[2406:e00:110:87c0:5cf9:6acf:b254:6ad7]:12207, them=[2a01:4f8:c0c:107f::2]:44235, peer=[2a01:4f8:c0c:107f::2]:44235 2017-03-28 13:01:24 receive version message: /Satoshi:1.0.0/: version 70002, blocks=821, us=[2406:e00:110:87c0:5cf9:6acf:b254:6ad7]:12207, them=[2a01:4f8:c0c:107f::2]:12207, peer=[2a01:4f8:c0c:107f::2]:44235 2017-03-28 13:01:52 Added 1 addresses from 2001:41d0:2:5bd6::: 31 tried, 85 new 2017-03-28 13:05:31 ResendWalletTransactions() 2017-03-28 13:07:50 Flushed 116 addresses to peers.dat 24ms 2017-03-28 13:23:34 Flushed 116 addresses to peers.dat 40ms 2017-03-28 13:39:18 Flushed 116 addresses to peers.dat 22ms 2017-03-28 13:55:03 Flushed 116 addresses to peers.dat 24ms 2017-03-28 14:04:15 Added 1 addresses from 73.237.42.208: 31 tried, 86 new 2017-03-28 14:05:57 Added 1 addresses from 151.80.136.178: 31 tried, 87 new 2017-03-28 14:10:47 Flushed 118 addresses to peers.dat 22ms 2017-03-28 14:23:57 received block a506412f72dc7e80b9419161677f30eb966009dbfb4dab89e4fb1383bc59f453 2017-03-28 14:23:57 nActualTimespan = 109 before bounds 2017-03-28 14:23:57 GetNextWorkRequired RETARGET 2017-03-28 14:23:57 nTargetTimespan = 600 nActualTimespan = 150 2017-03-28 14:23:57 Before: 1c014553 0000000001455300000000000000000000000000000000000000000000000000 2017-03-28 14:23:57 After: 1b5154c0 00000000005154c0000000000000000000000000000000000000000000000000 2017-03-28 14:23:58 Committing 8 changed transactions to coin database... 2017-03-28 14:23:58 SetBestChain: new best=a506412f72dc7e80b9419161677f30eb966009dbfb4dab89e4fb1383bc59f453 height=822 log2_work=49.056466 tx=1224 date=2017-03-28 14:23:33 progress=1.000000 2017-03-28 14:23:58 ProcessBlock: ACCEPTED 2017-03-28 14:26:32 Flushed 118 addresses to peers.dat 15ms 2017-03-28 14:30:29 ResendWalletTransactions() 2017-03-28 14:41:15 received block 7f064ca1cf157e2b4b3c572be417bb925b4c04747d0003d882b41b07d24602b0 2017-03-28 14:41:15 Committing 1 changed transactions to coin database... 2017-03-28 14:41:15 SetBestChain: new best=7f064ca1cf157e2b4b3c572be417bb925b4c04747d0003d882b41b07d24602b0 height=823 log2_work=49.06497 tx=1225 date=2017-03-28 14:40:25 progress=1.000000 2017-03-28 14:41:15 ProcessBlock: ACCEPTED 2017-03-28 14:41:46 received block 3d9e6202b919910443658b36a8194944a404a6277408d7b55a104135f1101a6a 2017-03-28 14:41:46 nActualTimespan = 9817 before bounds 2017-03-28 14:41:46 GetNextWorkRequired RETARGET 2017-03-28 14:41:46 nTargetTimespan = 600 nActualTimespan = 2400 2017-03-28 14:41:46 Before: 1b5154c0 00000000005154c0000000000000000000000000000000000000000000000000 2017-03-28 14:41:46 After: 1c014553 0000000001455300000000000000000000000000000000000000000000000000 2017-03-28 14:41:46 Committing 1 changed transactions to coin database... 2017-03-28 14:41:46 SetBestChain: new best=3d9e6202b919910443658b36a8194944a404a6277408d7b55a104135f1101a6a height=824 log2_work=49.067088 tx=1226 date=2017-03-28 14:41:13 progress=1.000000 2017-03-28 14:41:46 ProcessBlock: ACCEPTED 2017-03-28 14:42:16 Flushed 118 addresses to peers.dat 22ms 2017-03-28 14:45:28 AcceptToMemoryPool: 5.230.142.175:12207 /Satoshi:1.0.0/ : accepted e3f9339f4d8b6ff864b892b5aee3072eba7ec080653c71e7c0feb608e92184dc (poolsz 1)
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bits4books (OP)
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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March 28, 2017, 02:57:00 PM |
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Looks like difficulty is 2x , which is causing the retarget and making mining blocks difficult 2017-03-23 05:58:53 StopNode() 2017-03-23 05:58:53 UPNP_DeletePortMapping() returned : 0 2017-03-23 05:58:53 upnp thread interrupt 2017-03-23 05:58:53 Flushed 12 addresses to peers.dat 25ms 2017-03-23 05:58:53 Committing 0 changed transactions to coin database... 2017-03-23 05:58:53 Flush(true) 2017-03-23 05:58:53 wallet.dat refcount=0 2017-03-23 05:58:53 wallet.dat checkpoint 2017-03-23 05:58:53 wallet.dat detach 2017-03-23 05:58:53 wallet.dat closed 2017-03-23 05:58:53 DBFlush(true) ended 42ms { "blocks" : 825, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 201.44519290,"errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 1233750337,"pooledtx" : 2, "testnet" : false } just a little network lag !!?? my deposit just came in.. almost a hour for a transaction.. ill update my wallet.conf
The reason for network lag is retargeting of difficulty with change in network hash { "blocks" : 705, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 146.10004180, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 14188654731, "pooledtx" : 0, "testnet" : false }  { "blocks" : 710, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 66.71502195, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "networkhashps" : 4151508862, "pooledtx" : 1, "testnet" : false }
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