bytether (OP)
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October 11, 2017, 09:36:33 AM Last edit: December 07, 2017, 07:30:37 AM by bytether |
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Updated on Dec 06, 2017: Bytether roadmap review and plan for the next milestoneUpdated on Nov 12, 2017: Bytether Is ready, go claim your BTH from your Bitcoin Addressshttps://i.imgur.com/kudSBA9.jpg Bytether — The New Bitcoin__________________________________________________________________ Bitcoin and other varians Bitcoin is the most well-known cryptocurrency and well-known for having scalable issue. There are various approaches to solve Bitcoin problems such as fork into Bitcoin Cash, Bitcoin Gold and the cancelled Segwit2x Bitcoin2x but Bytether is different.
| __________________________________________________________________ Bytether Bytether (https://www.bytether.com/) is born to solve the problem with Ethereum blockchain technology. Bytether team let Ethereum solve the scalable issue so that we can focus on solving other problem like payment.
| https://cdn-images-1.medium.com/max/1600/1*JduIjta-3f9m6yngRrFMxw.png What is Bytether?__________________________________________________________________ Bytether (pronounce as byte-ther) is a 1:1 cross-fork of the Bitcoin blockchain onto the Ethereum network at block 478,558 (Same as Bitcoin Cash). Any Bitcoin holder who has 1 BTC at block 478,558 can claim for 1 BTH(Bytether).
Bytether’s sole focus is building a greater payment ecosystem. As an ERC20 token, Bytether takes all advantages of Ethereum blockchain technology with faster transaction time and cheaper transaction fee while maintaining currency characteristics of Bitcoin
| __________________________________________________________________
Bytether is the new Bitcoin
| Why Bytether?It is undeniable that Bitcoin is the most well-known cryptocurrency, yet the fundamental implementation of Bitcoin built its own obstacles such as low transaction speed and high transaction fee. Ethereum is much better in that concerns. No doubt there are quite a few other coins trying to replicate Bitcoin on Etherum network but Bytether is different. We do cross-fork from Bitcoin blockchain to Ethereum network to provide a better currency and enable Bitcoin holders to instantly on-board. Bytether is the real equivalent Bitcoin on the Etherum network. Cryptocurrencies payment is still inaccessible to many parties due to Bitcoin lack of the smart contract and discrepancy between various ERC20 tokens. Bytether, on the other hand, focuses itself on payment and payment only. With a specialized smart contract, Bytether can handle complicated payment transactions. Visit our website for more information such as our cross-fork plan, user growth pool and development roadmap.Website: https://www.bytether.com How to get Free BTH?__________________________________________________________________ Referral Program You can get free BTH from referral program. Open this link to get your referral link and share it with your friends. Once your friends successfully claimed BTH, you will get 10% from their claims.
| __________________________________________________________________ Marketing campaign You can get up to 10 BTH from sharing Bytether to social networks. Detail can be found here
| Join our social network channels right now to register yourself in the whitelistSlack: https://bytether.slack.com/Facebook: https://www.facebook.com/Bytether/Twitter: https://twitter.com/bytetherReddit: https://www.reddit.com/r/bytether/Warning: We only cross-fork bitcoin, any other cross-fork are definitely not us.
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bytether (OP)
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October 11, 2017, 01:05:12 PM Last edit: November 14, 2017, 02:20:16 AM by bytether |
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We answered frequently asked questions here: 1. Why is my BTH not shown? 2. If no one claim BTH, what will Bytether team do with the rest of 17 million BTH? 3. How can we check the usage of BTH marketing and user grow pool fund? 4. The transaction fee is too high for me, how can I reduce it? ---- Bytether AirDrop link You just need to create a Facebook post, a tweet or a blog post then claim Bytether from the user pool. If you have Bitcoin, it even better, just go and claim it hereOh Wait, ... You can also refer friends to get 10% from their claimed BTH
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damNmad
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nvOC forever
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October 11, 2017, 01:14:59 PM |
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Yes, reserved for future too
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bytether (OP)
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October 11, 2017, 02:12:48 PM |
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Haha, thank you How do you think about our coin BTW, I am new to the forum, how to get more activity and be able to post image?
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majonero
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October 11, 2017, 02:21:26 PM |
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Reserve for future use too
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trannamtan
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October 11, 2017, 02:27:48 PM |
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What is Bytether?Bytether (pronounce: byte-ther) is a 1:1 cross-fork of the Bitcoin blockchain onto the Ethereum network, max supply of 21,000,000 Bytether. As an ERC20 token, Bytether takes all advantages of Ethereum blockchain technology while maintaining currency characteristics of Bitcoin. Bytether's sole focus is building a greater payment ecosystem, not ICO. Why Bytether?It is undeniable that Bitcoin is the most well-known cryptocurrency, yet the fundamental implementation of Bitcoin built its own obstacles such as low transaction speed and high transaction fee. Ethereum is much better in that concerns. No doubt there are quite a few other coins trying to replicate Bitcoin on Etherum network but Bytether is different. We do cross-fork from Bitcoin blockchain to Ethereum network to provide a better currency and enable Bitcoin holders to instantly on-board. Bytether is the real equivalent Bitcoin on the Etherum network. Cryptocurrencies payment is still inaccessible to many parties due to Bitcoin lack of the smart contract and discrepancy between various ERC20 tokens. Bytether, on the other hand, focuses itself around payment and payment only. With a specialized smart contract, Bytether can handle complicated payment transactions. Visit our website for more information such as our cross-fork plan, user growth pool and development roadmap.Website: https://www.bytether.comJoin our social network channels right now to register yourself in the whitelist Slack: https://bytether.slack.com/Facebook: https://www.facebook.com/Bytether/Twitter: https://twitter.com/bytetherReddit: https://www.reddit.com/r/bytether/Warning: We only cross-fork bitcoin, any other cross-fork are definitely not us. I will help you post pictures for your forum more lively. hope you will like it. good luck with the project
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bytether (OP)
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October 11, 2017, 04:11:09 PM |
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Thank you very much for your information, trannamtan. Your post formatting is much better than mine haha. Please don't mind that I am going to copy your format to make the first post look better. --- BTW, has anyone checked our website, any questions? or maybe visit our slack for more information?
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Adamlm
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October 11, 2017, 04:20:04 PM |
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Interesting. Is it obligatory to join your slack in order to receive Bytether? You should have a mailing list for that purpose.
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bytether (OP)
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October 11, 2017, 04:29:54 PM Last edit: October 12, 2017, 04:21:14 AM by bytether |
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Hi Adamlm,
> Interesting. Is it obligatory to join your slack in order to receive Bytether?
No, not really. In term of receiving Bytether, we have two main steps.
Step one is for BTC holders who have BTC before a block, that we will inform later. The holder need to verify their ownership of a BTC address in order to claim the same amount of BTH. We will have smart contract to verify and claim BTH.
Step two to grow the user pool. We will distribute 1.000.000 BTH to whitelisted BTH users. The whitelisting process hasn't been finalized yet. We need to see how people react to the project before decide the next move.
Join our Slack is one way to help us interact with the community and give updates asap.
> You should have a mailing list for that purpose.
Yes, we will definitely have it soon. However, we need to have one central place to provide information to people.
Currently, we have to use multiple platforms / channels to do announcement since we have no choice. But it would be better to have one place to inform you all about when to launch whitelist registration, claiming process and so on.
Thank you.
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pure_happiness_inside
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October 12, 2017, 04:09:28 AM |
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really interesting project!
can you give more details around how the cross-forking actually works? you said this is all done through a smart contract? so you would need to sign an eth contract and give it an eth address? are there any security issues here? and how do you prove ownership of a bitcoin address??
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nagatraju
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October 12, 2017, 05:28:51 AM |
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I think we need to sign-in a message with Bitcoin wallet/address to prove ownership of BTC and post it into your Smart Contract to get equal BTH. Am I right?
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bytether-dev
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October 12, 2017, 06:55:36 AM |
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I think we need to sign-in a message with Bitcoin wallet/address to prove ownership of BTC and post it into your Smart Contract to get equal BTH. Am I right?
Yes, exactly. You can create an ETH address and sign it with your bitcoin wallet. We will provide a verification contract for you to send this signature. Once verified, your ether address will reserve the right to claim the bitcoin address balance. We will provide detailed guide once we complete our verification contract, ETA 2 week. @pure_happiness_inside: This should answer your question, too
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bytether (OP)
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October 12, 2017, 08:32:28 AM |
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Thank you bytether-dev everyone, bytether-dev is our lead developer. He will also help to answer questions on this topic.
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BTCBusinessConsult
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October 12, 2017, 09:22:06 AM |
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So what is this trying to accomplish? If you make a token just to make a token it doesn't really mean alot. What does this bring to the crytpo economy, what problem does this fix etc?
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CryptoFinn
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October 12, 2017, 09:24:59 AM |
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is this like usdt? like backed to actual BTC
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bytether (OP)
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October 12, 2017, 10:34:19 AM |
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So what is this trying to accomplish? If you make a token just to make a token it doesn't really mean alot. What does this bring to the crytpo economy, what problem does this fix etc?
We tried to answer with the first post. tl;drBTC is good to hold value, but it is not good for payment because BTC transaction is slow and expensive. ETH's transaction, in the order hand, is faster and cheaper We want to separate of concerns. Let ETH handle blockchain and take advantages of BTC's currency properties. In our road map, we also provide payment integration for Bytether(BTH) BTH = BTC + ETH + Payment ecosystem. Long versionWhy Bytether?
It is undeniable that Bitcoin is the most well-known cryptocurrency, yet the fundamental implementation of Bitcoin built its own obstacles such as low transaction speed and high transaction fee. Ethereum is much better in that concerns.
No doubt there are quite a few other coins trying to replicate Bitcoin on Etherum network but Bytether is different. We do cross-fork from Bitcoin blockchain to Ethereum network to provide a better currency and enable Bitcoin holders to instantly on-board. Bytether is the real equivalent Bitcoin on the Etherum network.
Cryptocurrencies payment is still inaccessible to many parties due to Bitcoin lack of the smart contract and discrepancy between various ERC20 tokens. Bytether, on the other hand, focuses itself around payment and payment only. With a specialized smart contract, Bytether can handle complicated payment transactions.
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bytether (OP)
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October 12, 2017, 10:58:29 AM |
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is this like usdt? like backed to actual BTC
No, it's not like USDT. BTH is not backed by BTC.
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bytether (OP)
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October 14, 2017, 12:51:56 PM |
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Hi everyone, how is your weekend going We are going to post a blog post to answer FAQ tomorrow, please post your questions here then we can include in our blog tomorrow. Cheer! Bytether team!
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