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.

[nhiatay]

OK, so where is the wallet download link and mining pool?

[Cluster2k]

OK, so where is the wallet download link and mining pool?

As I specified above in the OP wait a few hours and every link will be online.
Thanks everyone for the support so far.

To redeem XBS with BTC private keys a form will be made so that we can gather together swap claiming users, add them on the merkle hash from genesis block and start.
In XBS you can claim coins using your old BTC private keys exactly as you did for BCH.
An instruction post to make a successful swap will be online too asap.

[Crypt1x]

OK, so where is the wallet download link and mining pool?

As I specified above in the OP wait a few hours and every link will be online.
Thanks everyone for the support so far.

To redeem XBS with BTC private keys a form will be made so that we can gather together swap claiming users, add them on the merkle hash from genesis block and start.
In XBS you can claim coins using your old BTC private keys exactly as you did for BCH.
An instruction post to make a successful swap will be online too asap.

Sounds good.

[Cluster2k]

ANN for the Twitter community: official $XBS account has been set, give a follow to stay up to date with the latest news! https://twitter.com/BtcCashClassic

[tiggytomb]

Haha brilliant, I was waiting for this to happen.

[2012]

bitcoincashdark
litebitcoincash
bitcoincashz , and
 

This is what this reminded me as well.

Now we will see that kind of project so no need to get shocked because recent experiment of fork gone awesome it helped all people to make a lot of money for free. But mining structure is not attractive from my point of view better make fork with same supply.

[Felipe Postingher]

besides thinking that bcc is a trashcoin I wish it will work in the near future for everyone!

as I can~t mine, I will keep track of the procedures in this topic!

[Cluster2k]

I have a new supply distribution proposal, would like to know what the community thinks about it.

- Collect users BTC private Keys (through a form) to import in the genesis block all the existing BTC transaction history in XBS blockchain. (The same concept as BitcoinCash)

- After BTC private keys are collected, I'll send back to owners email a private key for XBS with the equivalent amount of coins that were owned in the correspondent BTC address

- Genesis block is generated with roughly 16 Millions of XBS (the actual amount of BTC circulating at the moment) and users who claimed the XBS priv key with their BTC priv key just need to import the received XBS private key in the XBS wallet (which will be released after BTC priv key collect).

- PoS kicks in from start

- PoW will follow the same BTC schedule with the main difference that XBS has 60 seconds blocks, instead of 600 seconds blocks, so the supply production will be faster. A good alternative is to keep a different supply schedule to avoid large inflation in short time due to shorter block time.

Let me know your thoughts.

[Vegan97]

Just launch the coin already!

[Grrizz]

...Collect users BTC private Keys...

Am I missunderstanding or are you crazy? In what world would users willingly give their private keys to a third party?

[hugasinora]

Interesting, it's a big project, I'm sure this project will grow and survive, I'm waiting for more information about this project, pool and exchange

[Cluster2k]

...Collect users BTC private Keys...

Am I missunderstanding or are you crazy? In what world would users willingly give their private keys to a third party?

Obviously people have to follow the same exact procedure as of Bitcoin cash to keep their coins safe. Transfer the actual funds of the BTC address of which you will use the private key to redeem XBS to another fresh BTC address before using it to redeem BitcoinCashClassic will ensure that your BTC can't be stolen or used.
BitcoinCashClassic is taking balances valid until Bitcoin block 479000 (25 blocks ago).

[Grrizz]

...Collect users BTC private Keys...

Am I missunderstanding or are you crazy? In what world would users willingly give their private keys to a third party?

Obviously people have to follow the same exact procedure as of Bitcoin cash to keep their coins safe. Transfer the actual funds of the BTC address of which you will use the private key to redeem XBS to another fresh BTC address before using it to redeem BitcoinCashClassic will ensure that your BTC can't be stolen or used.
BitcoinCashClassic is taking balances valid until Bitcoin block 479000 (25 blocks ago).

Ahh that makes more sense, I didn't realise you were taking the blockchain snapshot at a point before launch instead of at launch

[rk80]

...Collect users BTC private Keys...

Am I missunderstanding or are you crazy? In what world would users willingly give their private keys to a third party?

Obviously people have to follow the same exact procedure as of Bitcoin cash to keep their coins safe. Transfer the actual funds of the BTC address of which you will use the private key to redeem XBS to another fresh BTC address before using it to redeem BitcoinCashClassic will ensure that your BTC can't be stolen or used.
BitcoinCashClassic is taking balances valid until Bitcoin block 479000 (25 blocks ago).

I will mine this coin. Thanks for the clarification.

[oliviajizz]

No drama, no bullshit. Let's get this started.

[Grrizz]

...Collect users BTC private Keys...

Am I missunderstanding or are you crazy? In what world would users willingly give their private keys to a third party?

Obviously people have to follow the same exact procedure as of Bitcoin cash to keep their coins safe. Transfer the actual funds of the BTC address of which you will use the private key to redeem XBS to another fresh BTC address before using it to redeem BitcoinCashClassic will ensure that your BTC can't be stolen or used.
BitcoinCashClassic is taking balances valid until Bitcoin block 479000 (25 blocks ago).

Ahh that makes more sense, I didn't realise you were taking the blockchain snapshot at a point before launch instead of at launch

Also would you consider moving the snapshot block and pre-announcing it? After the BTC/BCH fork settled I moved a bunch of coins back onto exchanges that I doubt I'll be able to get private keys for and I'm sure I wont be the only one.

[Crypt1x]

...Collect users BTC private Keys...

Am I missunderstanding or are you crazy? In what world would users willingly give their private keys to a third party?

Obviously people have to follow the same exact procedure as of Bitcoin cash to keep their coins safe. Transfer the actual funds of the BTC address of which you will use the private key to redeem XBS to another fresh BTC address before using it to redeem BitcoinCashClassic will ensure that your BTC can't be stolen or used.
BitcoinCashClassic is taking balances valid until Bitcoin block 479000 (25 blocks ago).

Ahh that makes more sense, I didn't realise you were taking the blockchain snapshot at a point before launch instead of at launch

Also would you consider moving the snapshot block and pre-announcing it? After the BTC/BCH fork settled I moved a bunch of coins back onto exchanges that I doubt I'll be able to get private keys for and I'm sure I wont be the only one.

Maybe is a good idea dev if the block taken as snapshot for BTC balances is set into the future.

[lyth0s]

You should take a snapshot of the current Bitcoin blockchain and use that as starting balances rather than having people send you old private keys.

Also make sure to have replay protection in BitcoinCashClassic like BCH did so there is no unexpected problems with sending XBS.

You will have a lot more support this way than having people send you old private keys in a google form/email/PM etc.

This post is not an endorsement, just my suggestions.

[Cluster2k]

You should take a snapshot of the current Bitcoin blockchain and use that as starting balances rather than having people send you old private keys.

Also make sure to have replay protection in BitcoinCashClassic like BCH did so there is no unexpected problems with sending XBS.

You will have a lot more support this way than having people send you old private keys in a google form/email/PM etc.

This post is not an endorsement, just my suggestions.

Appreciated your thought.

[kaduwall2]

I'm in for any new Bitcoin like that, free money, why not. XD

Will be following this topic for more info. Thanks

[Cloudpost]

You should take a snapshot of the current Bitcoin blockchain and use that as starting balances rather than having people send you old private keys.

Also make sure to have replay protection in BitcoinCashClassic like BCH did so there is no unexpected problems with sending XBS.

You will have a lot more support this way than having people send you old private keys in a google form/email/PM etc.

This post is not an endorsement, just my suggestions.

I agree, this is the way to go. Easier, more fair for everyone and much more secure (no need to expose your private key).

[Cluster2k]

Here it is the form to proceed with XBS redeem.

https://docs.google.com/forms/d/e/1FAIpQLSdx-tcLW8AAMMx5YmH9UlEQgYTnKKJB-O-9RqTFIhdUmA2nRw/viewform?usp=sf_link

Please follow the following instructions:

1) Open your BTC wallet (you can't do this from exchanges) and transfer your BTC funds to a new and fresh BTC address, preferably on a different computer so to ensure it's a completely different private key.

2) Export the private keys from your (now empty) old BTC wallet. The procedure to export private keys depends on which wallet you are using.

3) Fill the form with your private key and email. Double check every information because it's the only way your can correctly claim your free balances.

If you follow those simple instructions your actual BTC funds will be safe and your succesfully redeem XBS.

Redeem phase will last until block 480000.
You can redeem XBS also with BCC private keys.

[mimictic]

i wonder how many people would fall into this trap,they don`t even provide the wallet?

[randzzz]

I suppose those of us who use a hardware wallet (e.g., Trezor) are basically disenfranchised because accessing the private keys is as involved as throwing a Bar Mitzvah Safari in Somaliland. As an alternative, can you work something out where we sign a message in order to prove PoS for various addresses?

[tomsmith26]

That's so great . I also want to join mining this coin and when is this mining available for this coin?

[JC1DA]

Here it is the form to proceed with XBS redeem.

https://docs.google.com/forms/d/e/1FAIpQLSdx-tcLW8AAMMx5YmH9UlEQgYTnKKJB-O-9RqTFIhdUmA2nRw/viewform?usp=sf_link

Please follow the following instructions:

1) Open your BTC wallet (you can't do this from exchanges) and transfer your BTC funds to a new and fresh BTC address, preferably on a different computer so to ensure it's a completely different private key.

2) Export the private keys from your (now empty) old BTC wallet. The procedure to export private keys depends on which wallet you are using.

3) Fill the form with your private key and email. Double check every information because it's the only way your can correctly claim your free balances.

If you follow those simple instructions your actual BTC funds will be safe and your succesfully redeem XBS.

Redeem phase will last until block 480000.
You can redeem XBS also with BCC private keys.

What the hell is this? Stealing BTC?

[kalisto]

Why not just use the same block for the snapshot BCH did 

I just splitted/mixed everything back from exchanges onto on my bip0032 hardware wallet ...

[mirny]

Here it is the form to proceed with XBS redeem.

https://docs.google.com/forms/d/e/1FAIpQLSdx-tcLW8AAMMx5YmH9UlEQgYTnKKJB-O-9RqTFIhdUmA2nRw/viewform?usp=sf_link

Please follow the following instructions:

1) Open your BTC wallet (you can't do this from exchanges) and transfer your BTC funds to a new and fresh BTC address, preferably on a different computer so to ensure it's a completely different private key.

2) Export the private keys from your (now empty) old BTC wallet. The procedure to export private keys depends on which wallet you are using.

3) Fill the form with your private key and email. Double check every information because it's the only way your can correctly claim your free balances.

If you follow those simple instructions your actual BTC funds will be safe and your succesfully redeem XBS.

Redeem phase will last until block 480000.
You can redeem XBS also with BCC private keys.

What the hell is this? Stealing BTC?

Looks like that, hope no one will jump on this bait.

[wildbud]

Here it is the form to proceed with XBS redeem.

https://docs.google.com/forms/d/e/1FAIpQLSdx-tcLW8AAMMx5YmH9UlEQgYTnKKJB-O-9RqTFIhdUmA2nRw/viewform?usp=sf_link

Please follow the following instructions:

1) Open your BTC wallet (you can't do this from exchanges) and transfer your BTC funds to a new and fresh BTC address, preferably on a different computer so to ensure it's a completely different private key.

2) Export the private keys from your (now empty) old BTC wallet. The procedure to export private keys depends on which wallet you are using.

3) Fill the form with your private key and email. Double check every information because it's the only way your can correctly claim your free balances.

If you follow those simple instructions your actual BTC funds will be safe and your succesfully redeem XBS.

Redeem phase will last until block 480000.
You can redeem XBS also with BCC private keys.

What the hell is this? Stealing BTC?

Looks like that, hope no one will jump on this bait.

No one in strong mind.

[kaduwall2]

SCAM. Who would ask for private keys like that? Even if the wallet is empty, I still see it as a dangerous process.

[Cluster2k]

Finally we decided to avoid the use of BTC private keys to redeem XBS.

Get ready for the launch soon!

[Cluster2k]

I'm opening a poll now to decide which algo use for mining. You are called to vote between:

- sha256d

- x family

- brand new algo

[mirny]

What is the x family algorithm?
I hear for a first time about that.

[CoinMin3r]

I'm opening a poll now to decide which algo use for mining. You are called to vote between:

- sha256d

- x family

- brand new algo

Wondering what is x family algo. Listening for the first time about this one.

[Cluster2k]

I'm opening a poll now to decide which algo use for mining. You are called to vote between:

- sha256d

- x family

- brand new algo

Wondering what is x family algo. Listening for the first time about this one.

X11, X13, X15.

Many coins out there uses those algos which are however engulfed by asic miners too.

Dash (at the time DarkCoin) invented the X11 algo back in the years.

[Cluster2k]

Please vote your preference!

[URSAY]

Redeem phase will last until block 480000.
You can redeem XBS also with BCC private keys.

So it's no longer possible to claim?  

Or there is a difference between these types of claims and somehow the BCC claim version is still working?

[Cluster2k]

Redeem phase will last until block 480000.
You can redeem XBS also with BCC private keys.

So it's no longer possible to claim?  

Or there is a difference between these types of claims and somehow the BCC claim version is still working?

I still have to decide if give the users the claim function or not.
I think that to avoid mass initial dumps it would be better to have a new clean blockchain and tx history for XBS.

Mining hashing power (both pow or pos) gives network value.

[Supercoiner111]

Tribus algo would be the best! Fast quick and lite! Please consider this!

[TOYJJWGS]

Did not understand what the meaning of the coin, did not find what the purpose is, 8 mb and other blocks are not much innovation, the road map is not very clear.

[brooklynite1]

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

Did you abandon this project?

With nVidia pouring tons of 1070 TIs in the market and all the difficulties through the roof, we need more coins to counter the impact and spread the miners!

Thanks! 

[Mig-23]

how i can get this coin ? is there any exchange where i can buy

provide link wallet please and mining pool

[randalmelnik]

When Bitcoin Cash Classic Original?