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Author Topic: 👑[ANN][BIS]Bismuth - On/off-chain, IoT, Scaling, Tokens, Privacy, Governance  (Read 144015 times)
arielbit
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October 07, 2019, 09:04:06 PM
 #3001

Some notes taken from the website

Bismuth is the only project in the world that has implemented the alternative approach to smart contracts as suggested by Nick Szabo.
Bismuth is the only project in the world that supports multiple cryptosystems for signatures, making it effectively resistant to quantum attack towards any single system.
Bismuth blockchain pruning exists since 2017 and reduces blockchain size to 100 MB at any given point.
Bismuth is the first blockchain platform fully created in Python.
Bismuth now has many core developers, most of them are pool owners. PoW works for adoption.
Bismuth mainnet launched in 2017, but has been in development since 2014. The transaction, network, consensus layers, the wallet, the original explorer and several dapps have all been written by a single person.
The main problem of Ethereum is ignoring that transactions that do not involve value transfers do not need consequential order / Nakamoto consensus. ETH scaling is therefore limited to it’s serialization design. Bismuth is not.
Bismuth contracts are independent of the core layer. Nothing on Bismuth interferes with the consensus layer.
Bismuth plugins enable you to create applications that do not rely on blockchain speed (off-chain) but can still fully utilize all advantages of it.
While Bitcoin has halvings, Bismuth has developer doublings. Every year, the number of expert core developers doubles.
Hypernodes run on their own PoS system.
Bismuth rewards drop with every single block.
Bismuth is the only cryptocurrency project in the world that supports multiple address formats (ECDSA, RSA,…)
Bismuth’s casino Zircodice was created after failed promises of the XVC developer “John Connor” mysteriously disappeared and abandoned the project.
Bismuth has an automated giveaway bot for Twitter which rewards users for tweeting about it.
Python is the most attractive and effective language of them all.
Bismuth combines voluntarism with decentralization to secure unlimited scaling. It works because users are given a choice, not being dictated which plugin, dapp or crystal to use. Consistency is required only on the most elemental level.
Bismuth allows for on-chain forking on the secondary level without any impact on it.
One of the ultimate goals of Bismuth is to become the blockchain enabler. Not to force anything on users or their nodes to limit scalability, but to let them use the parts of the ecosystem which they opt for. To create an elemental mosaic. Total decentralization.
With Ethereum, every computer is a copy of other computers. With Bismuth, every computer is an independent server with optional integrations.

where is the privacy part?
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Piston Honda
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October 08, 2019, 01:46:41 AM
 #3002

Some notes taken from the website

Bismuth is the only project in the world that has implemented the alternative approach to smart contracts as suggested by Nick Szabo.
Bismuth is the only project in the world that supports multiple cryptosystems for signatures, making it effectively resistant to quantum attack towards any single system.
Bismuth blockchain pruning exists since 2017 and reduces blockchain size to 100 MB at any given point.
Bismuth is the first blockchain platform fully created in Python.
Bismuth now has many core developers, most of them are pool owners. PoW works for adoption.
Bismuth mainnet launched in 2017, but has been in development since 2014. The transaction, network, consensus layers, the wallet, the original explorer and several dapps have all been written by a single person.
The main problem of Ethereum is ignoring that transactions that do not involve value transfers do not need consequential order / Nakamoto consensus. ETH scaling is therefore limited to it’s serialization design. Bismuth is not.
Bismuth contracts are independent of the core layer. Nothing on Bismuth interferes with the consensus layer.
Bismuth plugins enable you to create applications that do not rely on blockchain speed (off-chain) but can still fully utilize all advantages of it.
While Bitcoin has halvings, Bismuth has developer doublings. Every year, the number of expert core developers doubles.
Hypernodes run on their own PoS system.
Bismuth rewards drop with every single block.
Bismuth is the only cryptocurrency project in the world that supports multiple address formats (ECDSA, RSA,…)
Bismuth’s casino Zircodice was created after failed promises of the XVC developer “John Connor” mysteriously disappeared and abandoned the project.
Bismuth has an automated giveaway bot for Twitter which rewards users for tweeting about it.
Python is the most attractive and effective language of them all.
Bismuth combines voluntarism with decentralization to secure unlimited scaling. It works because users are given a choice, not being dictated which plugin, dapp or crystal to use. Consistency is required only on the most elemental level.
Bismuth allows for on-chain forking on the secondary level without any impact on it.
One of the ultimate goals of Bismuth is to become the blockchain enabler. Not to force anything on users or their nodes to limit scalability, but to let them use the parts of the ecosystem which they opt for. To create an elemental mosaic. Total decentralization.
With Ethereum, every computer is a copy of other computers. With Bismuth, every computer is an independent server with optional integrations.

where is the privacy part?

also, where's the part where we pass ETH marketcap???

www.dlsag.com ~ 1ex.trade
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October 08, 2019, 02:37:55 PM
 #3003

Privacy part: https://bismuth.cz/shielded.pdf
Just needs some backend interpretation filters added

https://github.com/hclivess/BismuthProjects/tree/master/stealth_tokens

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
Bitrated user: HCLivess.
HCLivess
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October 08, 2019, 02:45:01 PM
 #3004

I've spent time mainly upgrading zircodice and freebismuth lately

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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Endogen
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October 09, 2019, 11:13:33 AM
 #3005


Awesome! Any idea when this could be available?
HCLivess
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October 09, 2019, 09:31:48 PM
 #3006

Test run could be quite soon, it may take some time to tune it up. I planned to use a new storage system but might skip it for now.

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
Bitrated user: HCLivess.
Piston Honda
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October 10, 2019, 01:15:46 PM
 #3007

i hope all this dev action will coincide with the upcoming alt season and btc moon for May 2020 Cheesy

cause shit's waking up again and i don't want BIS to be dead in tthe water.

www.dlsag.com ~ 1ex.trade
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October 10, 2019, 03:47:16 PM
 #3008

There is an ongoing governance vote and there's a whole load of dev work just behind that

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
Bitrated user: HCLivess.
Mr. Sovereign
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October 10, 2019, 05:51:10 PM
 #3009

I hope Cryptopia can get me a least a few of my BIS back after all the dust settles.
Piston Honda
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October 10, 2019, 05:59:25 PM
 #3010

I hope Cryptopia can get me a least a few of my BIS back after all the dust settles.

bro that shit is LONG gone lol

www.dlsag.com ~ 1ex.trade
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October 10, 2019, 06:35:36 PM
 #3011

It will be up in the air until the final word from Grant Thornton.
HCLivess
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October 12, 2019, 09:03:50 AM
 #3012

There have been some private meetings with GT. They are progressing in the matter. That's all I can share, unfortunately.

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
Bitrated user: HCLivess.
Laskoo
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Today at 09:17:33 AM
 #3013


VGate shared this tutorial showing how to trade $BIS with the $VITE multi-token wallet app.

https://play.google.com/store/apps/details?id=net.vite.wallet&hl=en

You can use that referral code and get 10% off your trading fees: 2392043978



othell_rogue
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Today at 10:52:16 AM
 #3014

I hope Cryptopia can get me a least a few of my BIS back after all the dust settles.

Let's hope we will get all our bis back since the hackers didn't touch the Bismuth wallet.

“In order for the light to shine so brightly, the darkness must be present.”
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Today at 06:03:36 PM
 #3015

Bismuth Team is very excited to announce the birth of “Bauer”, our Telegram Bot!

Bauer was fully developed by Bismuth user @Endogen and made open source.

It’s now active on the Bismuth Telegram https://t.me/cryptobismuth

A bounty will happily be awarded.

https://hypernodes.bismuth.live/?p=942




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