nhiatay
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August 03, 2017, 10:34:29 AM |
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Cluster2k (OP)
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Activity: 1692
Merit: 1018
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August 03, 2017, 10:51:55 AM |
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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.
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Crypt1x
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August 03, 2017, 11:29:52 AM |
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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.
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tiggytomb
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Merit: 1000
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August 03, 2017, 12:09:03 PM |
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Haha brilliant, I was waiting for this to happen.
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2012
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Merit: 1003
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August 03, 2017, 12:13:04 PM |
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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.
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Felipe Postingher
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Here we go! I am a portuguese translator!
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August 03, 2017, 12:31:33 PM |
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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!
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Cluster2k (OP)
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Activity: 1692
Merit: 1018
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August 04, 2017, 08:46:53 AM |
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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.
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Vegan97
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Short BTC at: https://www.bitmex.com/register/spz2
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August 04, 2017, 11:01:33 AM |
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Just launch the coin already!
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Grrizz
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August 04, 2017, 11:12:50 AM |
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...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?
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hugasinora
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August 04, 2017, 11:36:07 AM |
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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
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Cluster2k (OP)
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Activity: 1692
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August 04, 2017, 02:37:09 PM |
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...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).
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Grrizz
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August 04, 2017, 03:10:22 PM |
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...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
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rk80
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Activity: 17
Merit: 0
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August 04, 2017, 03:13:05 PM |
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...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.
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oliviajizz
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Activity: 154
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* PM for Japanese Translations *
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August 04, 2017, 03:15:08 PM |
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No drama, no bullshit. Let's get this started.
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* PM for Japanese Translations *
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Grrizz
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August 04, 2017, 03:21:30 PM |
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...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.
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Crypt1x
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August 04, 2017, 04:41:24 PM |
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...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.
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lyth0s
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World Class Cryptonaire
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August 04, 2017, 08:07:44 PM |
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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.
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Cluster2k (OP)
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Activity: 1692
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August 04, 2017, 08:57:46 PM |
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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.
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kaduwall2
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http://twitter.com/crazy_crypto
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August 05, 2017, 01:04:22 AM |
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I'm in for any new Bitcoin like that, free money, why not. XD Will be following this topic for more info. Thanks
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