[ANN][Main] Bitcore- BTX - 1:1 Backed BSC Bridge BTX <->SBTX

[xryan]

1) What is "bloom"?
2) Is the algo considered ASIC resistant?

[1715158762]

1715158762

[1715158762]

1715158762

[alexbs]

BTX has great potential and huge improvement margins. Currently the market capitalization is only 11 million usd. It could be 10x easy

Moreover compound interest is a huge incentive for hard holding.

[taurados]

BTX has great potential and huge improvement margins. Currently the market capitalization is only 11 million usd. It could be 10x easy

Moreover compound interest is a huge incentive for hard holding.

first we will need some new exchanges and not exchanges like hitbtc there are listed to many lowmctcap coins.

I think we should apply for Bittrex. There is also BSD and ERC listed which devs are in relation with BTX.

[European Central Bank]

Look to byetball for the dangers of extended distributions.

That night come back but hasnt yet. I don't understand why anyone thinks more coins will do anything other than hit the price.

[snowdropfore]

I think there is a confusion btween the people included me about the BTC holders on 2nd of november.
So is it 1 Btc for 0,5 Btx or %50 in Btx of the value of 1 Btc( example 1 Btc $5500= $2750 in Btx) ?

I still think that is the second option... Can somebody confirm?

Thank you!

Option 1. 1BTC=0.5BTX
The other one would be nealry impossible.

Isn't it better to exchange a few bitcoins for 100BTX and get the 25% airdrop on it? 0.5btx on 1btc isn't a good deal.

 

Bitcoin is expensive, who want to hold 1 units BTC and get 0.50 BTX?
Might as well buy 6000$ worth of BTX and get the special airdrop on it?

That's my point . Everyone is concerned about exposing the private keys for 50% airdrop! Don't do it if you can't trust it! Why get $3-$5 on $6000 worth of a bitcoinBTC. It's better to buy or exchange BTCBTC for BTX and then get special airdrop!

You can get about 600BTX for 1BTC.

Which means:
600 BTX X 25% AIRDROP = 150 BTX as AIRDROP  

The compounding airdrops after that will really add up here, an 11 million market cap for BTX is still ridiculously low for the total coin supply... I imagine we're going to hit $50+... if you hold 100BTX right now when the 25% hits... and then hold then for a full year... you'll have over 12,000 BTX .... thats over $100,000.00 at todays prices... $600,000.00 at $50

I sure hope you pay someone to do your taxes. Don’t know where your getting 12,000 BTX from 100 BTX based on airdrops. There isn’t a chance in hell your gaining 12,000 percent on airdrops that start at 3% and increase by 1% each month.

I half assed it when figuring it out and went all the way to 15%, its not rocket science though man:

- 3% - 100 ÷ 3% = 33.3333
Week #1 (100 BTX Starting balance + 25% special airdrop): 125 BTX
Week #2: 125      + 3.75000375    = 128.75000375 BTX
Week #3: 128.75000375    + 3.86250397    = 132.61250777 BTX
Week #4: 132.61250777   + 3.97837921   = 136.59088693 BTX
- 4% - 100 ÷ 4% = 25
Week #5: 136.59088693   + 5.46363547   = 142.05452241 BTX
Week #6: 142.05452241   + 5.68218089   = 147.73670330 BTX
Week #7: 147.73670330   + 5.90946813   = 153.64617144 BTX
Week #8: 153.64617144   + 6.14584685   = 159.79201829 BTX
- 5% - 100 ÷ 5% = 20
Week #9: 159.79201829   + 7.98960091   = 167.78161921 BTX
Week #10: 167.78161921   + 8.38908096   = 176.17070010 BTX
Week #11: 176.17070010   + 8.80853500   = 184.97923518 BTX
Week #12: 184.97923518   + 9.24896175   = 194.22819694 BTX

 ETC.

Assuming the percentage goes up every 4 weeks, here is the airdrop expectation for a year starting with 100 coins...

In [133]: percent = 0.03

In [134]: week = 1

In [135]: coins = 100

In [136]: while week <= 52:
   .....:     airdrop = coins*percent
   .....:     newcoins = coins + airdrop
   .....:     print "Week ", week, percent, coins, " + ", airdrop, " = ", newcoins
   .....:     coins = newcoins
   .....:     if week % 4 == 0:
   .....:             percent = percent + 0.01
   .....:     week += 1
   .....:     coins = newcoins
   .....:
Week  1 0.03 100  +  3.0  =  103.0
Week  2 0.03 103.0  +  3.09  =  106.09
Week  3 0.03 106.09  +  3.1827  =  109.2727
Week  4 0.03 109.2727  +  3.278181  =  112.550881
Week  5 0.04 112.550881  +  4.50203524  =  117.05291624
Week  6 0.04 117.05291624  +  4.6821166496  =  121.73503289
Week  7 0.04 121.73503289  +  4.86940131558  =  126.604434205
Week  8 0.04 126.604434205  +  5.06417736821  =  131.668611573
Week  9 0.05 131.668611573  +  6.58343057867  =  138.252042152
Week  10 0.05 138.252042152  +  6.9126021076  =  145.16464426
Week  11 0.05 145.16464426  +  7.25823221298  =  152.422876473
Week  12 0.05 152.422876473  +  7.62114382363  =  160.044020296
Week  13 0.06 160.044020296  +  9.60264121778  =  169.646661514
Week  14 0.06 169.646661514  +  10.1787996908  =  179.825461205
Week  15 0.06 179.825461205  +  10.7895276723  =  190.614988877
Week  16 0.06 190.614988877  +  11.4368993326  =  202.05188821
Week  17 0.07 202.05188821  +  14.1436321747  =  216.195520385
Week  18 0.07 216.195520385  +  15.1336864269  =  231.329206811
Week  19 0.07 231.329206811  +  16.1930444768  =  247.522251288
Week  20 0.07 247.522251288  +  17.3265575902  =  264.848808878
Week  21 0.08 264.848808878  +  21.1879047103  =  286.036713589
Week  22 0.08 286.036713589  +  22.8829370871  =  308.919650676
Week  23 0.08 308.919650676  +  24.7135720541  =  333.63322273
Week  24 0.08 333.63322273  +  26.6906578184  =  360.323880548
Week  25 0.09 360.323880548  +  32.4291492493  =  392.753029798
Week  26 0.09 392.753029798  +  35.3477726818  =  428.100802479
Week  27 0.09 428.100802479  +  38.5290722231  =  466.629874702
Week  28 0.09 466.629874702  +  41.9966887232  =  508.626563426
Week  29 0.1 508.626563426  +  50.8626563426  =  559.489219768
Week  30 0.1 559.489219768  +  55.9489219768  =  615.438141745
Week  31 0.1 615.438141745  +  61.5438141745  =  676.98195592
Week  32 0.1 676.98195592  +  67.698195592  =  744.680151512
Week  33 0.11 744.680151512  +  81.9148166663  =  826.594968178
Week  34 0.11 826.594968178  +  90.9254464996  =  917.520414677
Week  35 0.11 917.520414677  +  100.927245615  =  1018.44766029
Week  36 0.11 1018.44766029  +  112.029242632  =  1130.47690292
Week  37 0.12 1130.47690292  +  135.657228351  =  1266.13413127
Week  38 0.12 1266.13413127  +  151.936095753  =  1418.07022703
Week  39 0.12 1418.07022703  +  170.168427243  =  1588.23865427
Week  40 0.12 1588.23865427  +  190.588638513  =  1778.82729278
Week  41 0.13 1778.82729278  +  231.247548062  =  2010.07484085
Week  42 0.13 2010.07484085  +  261.30972931  =  2271.38457016
Week  43 0.13 2271.38457016  +  295.27999412  =  2566.66456428
Week  44 0.13 2566.66456428  +  333.666393356  =  2900.33095763
Week  45 0.14 2900.33095763  +  406.046334068  =  3306.3772917
Week  46 0.14 3306.3772917  +  462.892820838  =  3769.27011254
Week  47 0.14 3769.27011254  +  527.697815755  =  4296.96792829
Week  48 0.14 4296.96792829  +  601.575509961  =  4898.54343825
Week  49 0.15 4898.54343825  +  734.781515738  =  5633.32495399
Week  50 0.15 5633.32495399  +  844.998743099  =  6478.32369709
Week  51 0.15 6478.32369709  +  971.748554564  =  7450.07225166
Week  52 0.15 7450.07225166  +  1117.51083775  =  8567.5830894

Is that enough btx to support airdrop for one year???

[kalymist]

just grab em now ^^


Just look at market cap ... 10 millions, so nothing in crypto world.

Dragon about to rise

[Thirdspace]

Is that enough btx to support airdrop for one year???

We reserve the rights to make changes as required.

that official statement should answer your questions 

---snip---
I'd always recommend encrypting the wallet to avoid getting your coins accidentally stolen. 

If the wallet is encrypted then you'll need to enter the password to send coins out of the wallet.

I'm not sure that there is any feature that allows anyone to decrypt a wallet once its been encrypted (maybe you meant something different?).

yes, exactly that. when you enter password, you are decrypting the wallet for period of time

What I am failing to understand at the moment is how the coins will be transferred to holders of btc automatically? That doesnt make much sense to me right now and I hope somebody can clarify. For one I would get a small

amount of BTX but that is not my concern here it is simply how can they auto transfer those coins without BTC holders having BTX wallets?  

They do it through creating a snapshot of the bitcoin blockchain, people can then claim through their private keys.

creating snapshot only preliminary action, I believe the way devs would do it something like this:
- snapshot the bitcoin blockchain, weed out addresses < 0.01, and keep a record of addresses > 0.01
- then they will run script to transfer the BTX airdrop to each eligible corresponding BTX public key addresses
- most likely done in batches and will run for more than hundreds blocks depends on the number of eligible addresses
- when it's done, bitcoin holder can claim their bitcore on BTX network

you might ask, how can that be?
because BTC & BTX addresses are identical, including of course its private keys
but signed transaction on btc network, won't be valid transaction on btx network...
though if you have access to the private key,
you could sign same raw tx on both network using its respective wallet/tool

[xibeijan]

Any airdrop?

[Kryptowerk]

Any airdrop?

Yes, there are two ways to get BTX totally free, please read:

The final distributionmodel

Dear Bitcore-Community,

Bitcore pulled through the first six month and we were able to tap some new exchanges. The community grew very fast and we are pleased to see that Bitcore is a shining example in the altcoin scene.
By interaction of the community and all members, we were in the position to find the perfect solution for the distribution.

We will snapshot the current Bitcoin Blockchain and  transfer every address with minimum 0.01 BTC, 50% of the credits in  Bitcore (BTX).
This way, each private key of the Bitcoin network has simultaneously access to 50% credit in BitCore at any time and without a claiming service.
All previous Airdrops were Claiming Service or Blockchain Forks. Now that we transfer all the coins, we can put the network through a exciting stress test as well as offer a unique play :-)
(The first coin which sends more than 5 million outputs in its own Blockchain.)

Every Exchanger, BitCoin service or single user who owns the private key can access their credit at any time, without help, through a BitCore Client.

We will distribute about 7 million BitCore into the stage and start with this process after the snapshot and estimate to require some weeks to complete.

Also, we have a special surprise for all our loyal bitcore holders on october the 30th.
Every registered bitcore holder with a wallet loaded with minimum 1 BTX gets an special onetime airdrop of 25% instead of 3% !

These and all other Airdrop will be only paid to registered addresses with minimum 1 BTX. Please register your address on https://bitcore.cc/airdrop.php
It is important that your credit BTX is stored on your registered address. Addresses which are not registered receive NO BONUS!

Please check in the explorer if you have taken the correct address which displays the credits > https://chainz.cryptoid.info/btx/

Also we will be increasing our weekly 3% monday airdrop by 1% every month. You have to sign up your BTX address ONE TIME with a signed message.

We reserve the rights to make changes as required.
 
Your Bitcore Team

REMEMBER : The claiming at bitcore.cc from the April snapshot will end exactly November, the 2nd, 2017, 12 pm CEST (UTC +2).
The new btc snapshot will be on November, the 2nd, 2017 block 492820 (estimate).

[SlowGrowth]

I just published my Bitcore ( BTX ) Analysis. Any feedback is welcome

https://medium.com/@cryptodigger/bitcore-analysis-1073934d85c5

Also if you like my post feel free to share it on twitter

https://twitter.com/Crypto400/status/923897026806501377

Have a nice Friday everyone

[DrJury]

where to register?

https://www.bitcore.cc/airdrop.php

[cryptodv]

I just published my Bitcore ( BTX ) Analysis. Any feedback is welcome

https://medium.com/@cryptodigger/bitcore-analysis-1073934d85c5

Also if you like my post feel free to share it on twitter

https://twitter.com/Crypto400/status/923897026806501377

Have a nice Friday everyone

Nice article, you're right about the Github activity; there should be a little bit more but I guess with future developments the activity should increase. Overall BTX is a going to be a beast.

[EvRo74]

Hello community!

Tell me, please - how to decrypt a wallet? I do not see such a button, which is in most wallets

Thank you in advance for your help!

[EvRo74]

One more question: should I enter the phrase "signmessage YOURADDRESSYOULIKETOREGISTER AIRDROP" in the console literally or by replacing "YOURADDRESS" with my wallet address?

[brian_nguyen]

I just published my Bitcore ( BTX ) Analysis. Any feedback is welcome

https://medium.com/@cryptodigger/bitcore-analysis-1073934d85c5

Also if you like my post feel free to share it on twitter

https://twitter.com/Crypto400/status/923897026806501377

Have a nice Friday everyone

The distribution is changed, please update your Analysis with info from the latest model

[jkminkov]

The BTC Airdrop of 50%

There are some confusions about our incoming BTC Snapshot and the following airdrop of 50% for every bitcoin.

1. We recommend EVERYONE to move the btc from the wallet before you redeem your privkey for Bitcore.

2. Read it exactly; you can claim your Bitcore a LIFETIME. So, if you dont feel comfortable to pick up your BTX directly after airdrop, so why not in one year?

Greetz

Your Bitcore Team

you can send rest, not claimed by signing one week later, this will save us from having to spend hundreds of inputs on our bitcoin wallets!

[btcfrmHSZUH]

The BTC Airdrop of 50%

There are some confusions about our incoming BTC Snapshot and the following airdrop of 50% for every bitcoin.

1. We recommend EVERYONE to move the btc from the wallet before you redeem your privkey for Bitcore.

2. Read it exactly; you can claim your Bitcore a LIFETIME. So, if you dont feel comfortable to pick up your BTX directly after airdrop, so why not in one year?

Greetz

Your Bitcore Team

you can send rest, not claimed by signing one week later, this will save us from having to spend hundreds of inputs on our bitcoin wallets!

??are you saying they will be available by signing and no import of priv key?

[EvRo74]

There is no one here who can help a BTX newcomer?
 

Hello community!

Tell me, please - how to decrypt a wallet? I do not see such a button, which is in most wallets

Thank you in advance for your help!

[vpixele]

"walletpassphrase yourpassword 999"

input without ""
999 - time in seconds, how much the purse will be unlocked.
U can write other time.

There is no one here who can help a BTX newcomer?
 

Hello community!

Tell me, please - how to decrypt a wallet? I do not see such a button, which is in most wallets

Thank you in advance for your help!

[Maicol792]

hello, what is this "new virtual fork 1:0.5 of Bitcoin" ?? how work? thanks