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Author Topic: [BTB] The BitBar Information Thread  (Read 147990 times)
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lumierre
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December 07, 2013, 01:23:40 AM
 #241

Bitcoin has dynamic fees. You can opt to pay a fee for faster confirmation time but you can transact without paying a fee. In Peercoins, there is a fixed fee of $0.01/kb. It is destroyed rather than giving it to miners like bitcoin. Because of this, PPC would be impractical for microtransactions in the future when its value rises. The coin would be mostly for speculation. I'm looking for a PoS coin which allows for having zero transaction fees when there is less transactions to confirm but is dynamic enough to increase when there is load on the network. This allows for optimum growth because the market can balance liquidity and confirmation time.

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December 08, 2013, 05:56:05 AM
 #242


 Bitcoin has dynamic fees. You can opt to pay a fee for faster confirmation time but you can transact without paying a fee.

 In Peercoins, there is a fixed fee of $0.01/kb. It is destroyed rather than giving it to miners like bitcoin. Because of this, PPC would be impractical for microtransactions in the future when its value rises. The coin would be mostly for speculation.

 I'm looking for a PoS coin which allows for having zero transaction fees when there is less transactions to confirm but is dynamic enough to increase when there is load on the network. This allows for optimum growth because the market can balance liquidity and confirmation time.


 You don't ask for much, lol.


 Just maybe the one at this link is a close enough match for your desires. It kinda fell off half off the map for a while but suddenly many are again mining it. But it still has tiny transaction fees now. And isn't an exact match. But comes close. I recall it used to have no transaction fees when I mined a bit of it. But that appears to have slightly been altered from what I just read.
See https://bitcointalk.org/index.php?topic=245951.0

 Then again I am not certain any crypto would be sustainable long term without the mining incentive of transaction fees supporting it's networks blockchain maintenance/upkeep (transactions function), if I understand this correctly?

 Hence maybe why the one above like all the others(?) shifted to a modest transaction fee itself, upon further analysis.


 Search for yourself at: https://bitcointalk.org/index.php?action=search Best tool here is this.



Caveat emptor - let the buyer beware!
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December 08, 2013, 02:50:41 PM
 #243

Best I can tell you right now, it that Bitbar has dynamic fees and it appears to be based on both amount of transaction and the age of the coin. Looking back through my logs, I found that transfers that were happening before the boom were taking only .001 or no fees at all. As the average age of the coins in my pool wallet got younger, TXFees starting increasing. I am seeing now fees anywhere from .001 for small transfers up to .008 for very large transfers.

I have not seen any recent transfers that are fee-free though.

I hope that helps a little.
IamNotSure
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December 10, 2013, 10:54:36 AM
 #244

Bitbar guys, you should really clean up your forum, this looks really lame...
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December 12, 2013, 01:34:01 PM
 #245

Hi BTB, Can anyone tell me what the total supply of Bitbar's will be please?
e.g. bitcoin = 21,000,000

I'm preparing a total coin supply list:
http://altcoinspeculation.com/coin-info/
A L I E N
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December 12, 2013, 03:55:53 PM
 #246

Hi BTB, Can anyone tell me what the total supply of Bitbar's will be please?
e.g. bitcoin = 21,000,000

I'm preparing a total coin supply list:
http://altcoinspeculation.com/coin-info/


500,000+inflation

Nice website
colinistheman
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December 18, 2013, 10:06:35 AM
 #247

Hi BTB, Can anyone tell me what the total supply of Bitbar's will be please?
e.g. bitcoin = 21,000,000

I'm preparing a total coin supply list:
http://altcoinspeculation.com/coin-info/


500,000+inflation

Nice website
I agree. I like the site. I have been looking for a total coin supply list for all cryptocurrencies for a few days now.

One contradiction I noticed: Your site says "500,000+ BTB" and the second post on this thread (by the OP) says "Total Supply: 2,800 BTB"

That's a big difference. Which is correct?
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December 18, 2013, 03:55:58 PM
 #248

Hi BTB, Can anyone tell me what the total supply of Bitbar's will be please?
e.g. bitcoin = 21,000,000

I'm preparing a total coin supply list:
http://altcoinspeculation.com/coin-info/


500,000+inflation

Nice website
I agree. I like the site. I have been looking for a total coin supply list for all cryptocurrencies for a few days now.

One contradiction I noticed: Your site says "500,000+ BTB" and the second post on this thread (by the OP) says "Total Supply: 2,800 BTB"

That's a big difference. Which is correct?

2,800 was the outstanding BTB when that post was written.  The 500,000 is in the source code for MAX_MONEY which is the same as for Peercoin. (PPC's MAX_MONEY=2000000000)

https://github.com/aLQ/bitbar/blob/master/src/main.h

colinistheman
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December 18, 2013, 07:38:01 PM
 #249

Ah, I gotcha. thanks!
NextLevelBitBar
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December 29, 2013, 08:09:13 PM
 #250

Didn't know this thread existed.
Thanks OP
CaptainAK
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January 06, 2014, 02:25:10 PM
 #251

Did the chain fork? My pool at pnwminer.com is at block 41511, but the block explorer is only at 41508. I just need to get some info before we mine too much more on a possible fork.
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January 06, 2014, 05:31:43 PM
 #252

Did the chain fork? My pool at pnwminer.com is at block 41511, but the block explorer is only at 41508. I just need to get some info before we mine too much more on a possible fork.

It is not uncommon for the block explorers (Both ABE based and the CCE3 test explorers) to be a couple of blocks behind, especially with fast chains. Sometimes processing the blocks after a new block trigger takes longer then the time a new block comes on the network. Orphan blocks also effect both types of explorer. If the daemon gives the explorer an orphan block, that block will be displayed until the daemon corrects itself and the explorer catches it.

In short, I would wait for at least a 1/2 hour if what you are comparing to the explorers is different before becoming concerned.


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January 09, 2014, 02:41:40 PM
 #253

New pool!
http://btb.forkpool.com
stratum
proportional payout
2% fee
good powerful server in cloud
Email confirmation not needed!

Tested and first block found.  Grin
All work fine.

Welcome!

[ multibot ] Multi-functional multi-threaded Trading Platform in the Cloud [ multibot ]
❰ ◀ ◀ ◀ Token Sale Start 20th Oct ▶ ▶ ▶ ❱
▬▬▬▬▬▬▬▬ [ Telegram ] ❱  [ FaceBook ] ❱ ❰  [ Twitter ] ❰ [ Discussion ] ▬▬▬▬▬▬▬▬
CaptainAK
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January 09, 2014, 05:31:16 PM
 #254

All is good on http://btb.pnwminer.com

Happy Mining!
Theraty
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January 10, 2014, 04:13:35 AM
 #255

Any predictions on the total amount of bitbar in circulation by the end of 2014 and 2015?
Spratan
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January 10, 2014, 12:32:06 PM
 #256

My wallet is synced but the balance is 0 BTB this morning  Huh The explorer shows the correct balance with my adsress
Something is wrong now with the blockchain.
udjin123
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January 10, 2014, 01:06:44 PM
 #257

Try to run wallet with param -salvagewallet

[ multibot ] Multi-functional multi-threaded Trading Platform in the Cloud [ multibot ]
❰ ◀ ◀ ◀ Token Sale Start 20th Oct ▶ ▶ ▶ ❱
▬▬▬▬▬▬▬▬ [ Telegram ] ❱  [ FaceBook ] ❱ ❰  [ Twitter ] ❰ [ Discussion ] ▬▬▬▬▬▬▬▬
coinminerz
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January 11, 2014, 12:59:48 PM
 #258

anyone have a clue when btb.pnwminer.com is on again ? or why it is off perhaps Smiley
Lexomatico
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January 11, 2014, 01:54:26 PM
 #259

anyone have a clue when btb.pnwminer.com is on again ? or why it is off perhaps Smiley

Allready up and running again
Hellionator
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January 12, 2014, 02:06:10 AM
 #260

New BitBar Pool opened - Low 1.5% Fee btb.scrypthp.com.  Blocks found and running smoothly.  It would be nice to distribute the hashing power as most of it is currently in one pool.  Mine and hold my friends, BitBar has room to grow quite a bit!  Proof of Stake is also a nice bonus!

→→MPOS POOLS ON SUPERFAST SECURE SERVERS!←←
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