BitcoinCashClassic [XBS] - A true alternative to BTC & BCH! 6Mb Blocks & PoS!

[Cluster2k]

I'm proud of announcing the release of BitcoinCashClassic a cryptocurrency from the community to the community!


The specs:

Total coins ever mineable through PoW + PoS: 21000000 XBS
1st year total mining reward: 16000000 XBS - (redeemed coins with 1:1 ratio swap)
PoS stake reward: 0.5% starting from block 800000 (around 11 months after launch)
Max blocksize: 6Mb (Biggest blocks in cryptos)
Block Time: 60 seconds (optimized for the fastest tx confirmation time without compromising security)
Algo: Sha256 + PoS


To ensure a proper and fair launch XBS will feature a slow start mode. The first 1440 blocks (nearly 1 day of blocks) will produce 0 coins each block to give time to everyone to point their miners to XBS.
Then, every 1440 blocks until we reach 50 coins per block, the block reward increase as scheduled below:

Last block number will be modified according to the total amount of XBS will be redeemed through the 1:1 swap.

Up to block 1440: 0 XBS
Up to block 2880: 5 XBS
Up to block 4320: 10 XBS
Up to block 5760: 15 XBS
Up to block 7200: 25 XBS
Up to block 8640: 50 XBS
Up to block 432000: 25 XBS
Up to block 864000: 12.5 XBS

[danycoman]

algo

[allyouracid]

looks good will mine

[Cluster2k]

Wallets, source, pools & exchanges links coming soon.

[liotmaan]

I've always said we needed a BitcoinCashClassic. About fucking time

[JC1DA]

What is the purpose of this coin? How could you say the biggest block size ever if BCH has 8MB block?

[prikitiw]

Im in n Waiting Update

[Cluster2k]

I've always said we needed a BitcoinCashClassic. About fucking time

Cool. Just uploading the source to github and setting up a pool for start. Hope to see suprnova here soon.

[visionE2]

it is like BTC, but how the price?? will it also like BTC? how to get it?? i'm interesting with this coin

[octavarium]

bitcoincashdark
litebitcoincash
bitcoincashz , and
 

[BitJunky]

It'll be interesting to see how this goes after what we saw the BCH thing.

[dunedainbob]

bitcoincashdark
litebitcoincash
bitcoincashz , and
 

LiteBitcoinCashClassicDarkUltraShares

Edit: but serious, I assume this is just SHA256 still?  All power to ASICs 

[bathrobehero]

bitcoincashdark
litebitcoincash
bitcoincashz , and
 

This is what this reminded me as well.

[Crypt1x]

Nice one, waiting for the release! 

[AmoreJaz]

so it ends up the big farmers only get bigger with projects like this! sorry but the few huge ones out there will sweep this up in a heart beat and leave the small single gpu farmers dry in the mouth!

[octavarium]

so , where is wallet,
 

[Crypt1x]

so it ends up the big farmers only get bigger with projects like this! sorry but the few huge ones out there will sweep this up in a heart beat and leave the small single gpu farmers dry in the mouth!

You know that ASIC miners are available today for almost every kind of algo?
I think Sha256 is fair because ASIC of this kind are the most affordable and you can use the same which you are using to mine BTC, this gives a great starting userbase to a coin.
I think PoS is good because gives people the chance to mine without hardware, just holding their coins in wallet.

[bathrobehero]

so it ends up the big farmers only get bigger with projects like this! sorry but the few huge ones out there will sweep this up in a heart beat and leave the small single gpu farmers dry in the mouth!

You know that ASIC miners are available today for almost every kind of algo?
I think Sha256 is fair because ASIC of this kind are the most affordable and you can use the same which you are using to mine BTC, this gives a great starting userbase to a coin.
I think PoS is good because gives people the chance to mine without hardware, just holding their coins in wallet.

Not exactly. Here are some GPU-only algos that doesn't have ASICs:

                        bastion     Hefty bastion
                        bitcore     Timetravel-10
                        blake       Blake 256 (SFR)
                        blake2s     Blake2-S 256 (NEVA)
                        blakecoin   Fast Blake 256 (8 rounds)
                        bmw         BMW 256
                        cryptolight AEON cryptonight (MEM/2)
                        cryptonight XMR cryptonight
                        c11/flax    X11 variant
                        decred      Decred Blake256
                        deep        Deepcoin
                        equihash    Zcash Equihash
                        dmd-gr      Diamond-Groestl
                        fresh       Freshcoin (shavite 80)
                        fugue256    Fuguecoin
                        groestl     Groestlcoin
                        heavy       Heavycoin
                        hmq1725     Doubloons / Espers
                        jha         JHA v8 (JackpotCoin)
                        keccak      Keccak-256 (Maxcoin)
                        lbry        LBRY Credits (Sha/Ripemd)
                        luffa       Joincoin
                        lyra2       CryptoCoin
                        lyra2v2     VertCoin
                        lyra2z      ZeroCoin (3rd impl)
                        mjollnir    Mjollnircoin
                        myr-gr      Myriad-Groestl
                        neoscrypt   FeatherCoin, Phoenix, UFO...
                        nist5       NIST5 (TalkCoin)
                        penta       Pentablake hash (5x Blake 512)
                        sia         SIA (Blake2B)
                        sib         Sibcoin (X11+Streebog)
                        scrypt-jane Scrypt-jane Chacha
                        skein       Skein SHA2 (Skeincoin)
                        skein2      Double Skein (Woodcoin)
                        skunk       Skein Cube Fugue Streebog
                        s3          S3 (1Coin)
                        timetravel  Machinecoin permuted x8
                        tribus      Denerius
                        vanilla     Blake256-8 (VNL)
                        veltor      Thorsriddle streebog
                        whirlcoin   Old Whirlcoin (Whirlpool algo)
                        whirlpool   Whirlpool algo
                        x11evo      Permuted x11 (Revolver)
                        x17         X17
                        wildkeccak  Boolberry
                        zr5         ZR5 (ZiftrCoin)

And ASICs are centralized and attract a different group of people.

[iTradeChips]

so it ends up the big farmers only get bigger with projects like this! sorry but the few huge ones out there will sweep this up in a heart beat and leave the small single gpu farmers dry in the mouth!

You know that ASIC miners are available today for almost every kind of algo?
I think Sha256 is fair because ASIC of this kind are the most affordable and you can use the same which you are using to mine BTC, this gives a great starting userbase to a coin.
I think PoS is good because gives people the chance to mine without hardware, just holding their coins in wallet.

well i went here because i thought it will be another fork and free coins again LOL. i think this coin can be an OKAY coin but lets see. i have a liking for PoW/PoS coins i dunno why maybe i have some luck with it. good luck with this project !

[markus124]

well i want a pool for this. Dont mind to mine some coins and see where it take us.