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Author Topic: Bitcoin Platinum - Make Bitcoin Decentralized Again  (Read 11210 times)
shoeonyourhead
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October 25, 2017, 03:27:44 PM
Last edit: October 25, 2017, 05:25:19 PM by shoeonyourhead
 #1

Bitcoin Platinum
Make Bitcoin Decentralized Again

DECENTRALIZATION

Bitcoin Platinum implements a new PoW algorithm, Equihash, that makes mining decentralized again. Special computer hardware designed for BTC mining (ASICs) is obsolete for mining BTP, giving ordinary users a chance to mine with ubiquitous GPUs.

FAIR DISTRUBUTION

A hard fork of Bitcoin is the most fair and efficient method of creating and distributing a new digital asset. Coins that are created from a new genesis block always have ownership concentrated among a smaller group of people.


REPLAY PROTECTION

In order to ensure the safety of the Bitcoin ecosystem, Bitcoin Platinum has implemented full replay protection, an essential feature that protects users coins from being spent accidentally.


TRANSPARENCY

Bitcoin Platinum is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts that stretches across the globe.


Comparison

Supply : 21 Million
PoW algorithm : Equihash
Mining Hardware : GPU
Block Interval : 10 Minutes
Block size (actual) : 1M (2-4M)
Difficulty adjustment : Every block
Segwit : Yes
Replay protection : Yes
Unique address format : Yes
Premine: No
Satoshi's vision: Yes

FAQ

What is Bitcoin Platinum?
Bitcoin Platinum is a fork of the Bitcoin blockchain that will occur in December. At the predetermined block height, Bitcoin Platinum miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency will be born.


What is the purpose of Bitcoin Platinum?
The purpose of Bitcoin Platinum is to make Bitcoin mining decentralized again. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole. By changing Bitcoin’s proof-of-work algorithm from SHA256 to Equihash, all of the specialized SHA256 mining equipment will be obsolete for mining the Bitcoin Platinum blockchain. Thus, Bitcoin Platinum will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision.


How can I get Bitcoin Platinum?
The Bitcoin Platinum (BTP) initial coin distribution method is exactly the same as that used by Bitcoin Cash (BCH). All Bitcoin holders who possess BTC private keys in December (block still to be decided) will receive Bitcoin Platinum on the rate of 1 BTC = 1 BTP (If you have 20 BTC you will receive 20 BTP). You need to control BTC private keys in order to make Bitcoin Platinum transactions.



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1556162948
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DanTeMessy
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October 25, 2017, 03:32:12 PM
 #2

Platinum ?? Uranium ??

is this for real or scam ??
evilcrypto
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October 25, 2017, 03:34:02 PM
 #3

When starts PoW phase ?
jc12345
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October 25, 2017, 03:35:58 PM
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Are you affiliated with Bitcoin Gold, Silver etc etc? If not you chose an unfortunate name as it raises red flags.
shoeonyourhead
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October 25, 2017, 03:36:05 PM
 #5

Platinum ?? Uranium ??

is this for real or scam ??

This is 100% for real, dear sir.
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October 25, 2017, 03:38:48 PM
 #6

Platinum ?? Uranium ??

is this for real or scam ??

This is 100% for real, dear sir.

Really? The hell!!!
Why it didn't pass Bitcoin Silver?  Grin
Not a fork again which is just made to make money for those holding a lot of bitcoin.
I just hope this stops. The bitcoin name is getting dirtier every fork.

Am I spamming? Report me!
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October 25, 2017, 03:39:58 PM
 #7

How is this project different from Bitcoin Gold? Both of it has the same aim and changed to the same algo... What is the difference and why it would be better than the Bitcoin Gold?

shoeonyourhead
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October 25, 2017, 03:44:23 PM
 #8

How is this project different from Bitcoin Gold? Both of it has the same aim and changed to the same algo... What is the difference and why it would be better than the Bitcoin Gold?

We have already implemented replay protection.  Bitcoin Gold is still scrambling around testing their implementation.  I highly doubt they will have a secure replay protection by November.  If you want to lose your money, go ahead with Bitcoin Gold.
WetPuppyKisses
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October 25, 2017, 03:54:50 PM
 #9

How is this project different from Bitcoin Gold? Both of it has the same aim and changed to the same algo... What is the difference and why it would be better than the Bitcoin Gold?

We have already implemented replay protection.  Bitcoin Gold is still scrambling around testing their implementation.  I highly doubt they will have a secure replay protection by November.  If you want to lose your money, go ahead with Bitcoin Gold.
Nice I just mined 100k
https://i.warosu.org/data/biz/img/0028/27/1500514271256.png
BillyBobZorton
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October 25, 2017, 04:10:08 PM
 #10

Contrary to what popular belief may be, ridiculous proliferation of bitcoin forks are a good thing. The more bitcoin forks out there, the faster the immunization of bullshit will be.

Once people realize bitcoin forks are nothing but a joke, it will only legitimize the real bitcoin even more, similar to how alts have turned into a circus except a few exceptions.

And with that being said, bring as many forks as you want, it was never a problem.
ansi
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October 25, 2017, 04:14:11 PM
 #11

His thread posted couple hours ago was doomed to being deleted, so he made new one with the same old bullshit.
This is thee kind of crap coins/tokens that last only couple hours with nothing special to give.
Brickcellent
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October 25, 2017, 04:17:36 PM
 #12

Contrary to what popular belief may be, ridiculous proliferation of bitcoin forks are a good thing. The more bitcoin forks out there, the faster the immunization of bullshit will be.

Once people realize bitcoin forks are nothing but a joke, it will only legitimize the real bitcoin even more, similar to how alts have turned into a circus except a few exceptions.

And with that being said, bring as many forks as you want, it was never a problem.
Free money isn't a joke to 99% of people.
shoeonyourhead
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October 25, 2017, 04:29:47 PM
 #13

His thread posted couple hours ago was doomed to being deleted, so he made new one with the same old bullshit.
This is thee kind of crap coins/tokens that last only couple hours with nothing special to give.

I don't know why you'd think this is bullshit.  I'm literally giving you guys free coins here.  There is 0% premine, everyone is getting a fair share based on the BTC they hold. 
gene14
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October 25, 2017, 04:31:48 PM
 #14

Is this the same of Bitcoin gold . I mean the creator of bitcoin gold and bch ?
ttsyre
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October 25, 2017, 04:39:20 PM
 #15


How can I get Bitcoin Platinum?
The Bitcoin Platinum (BTP) initial coin distribution method is exactly the same as that used by Bitcoin Cash (BCH). All Bitcoin holders who possess BTC private keys in December (block still to be decided) will receive Bitcoin Silver on the rate of 1 BTC = 1 BTP (If you have 20 BTC you will receive 20 BTP). You need to control BTC private keys in order to make Bitcoin Silver transactions.


So are you talking about BTC Platinum or BTC Silver here?Huh Check your header and contents)) Next scam. LOL
papeiru
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October 25, 2017, 04:47:52 PM
 #16

in amazing how stupid people can be.... lol
Freaks
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October 25, 2017, 04:54:07 PM
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What the hell another bitcoin so we have been entered into age of forks again and again without any solid team and nothing special what is offering with coin. Only to make easy with practice and nothing more.
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October 25, 2017, 05:15:20 PM
 #18

This is open source community, every body is free to copy paste any existing project. did you buy Bitcoin cash? I didn't because I'm not stupid, I only sold, let the private investors lose money. did you buy BTC gold? I didn't because I'm not stupid, I sold at $520. let whoever bought them to have fun with them.
Will you buy this one? your honey my money for girl jumping practices, stop. lol. start, they have deep pockets like Wu? let them fork and buy up all the doubled coins, they are free to do with their money as they like.

Would you send your Bitcoins to a ponzi, double your Bitcoin scammers? if so, give the platinum your private keys if some body asked for them, we're not here to save idiots, they are idiots with/out any new fork.

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Supercoiner111
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October 25, 2017, 05:16:12 PM
 #19

This is duplicate scam....

Piradoxlanieve
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October 25, 2017, 05:19:23 PM
 #20

OMG! New Fork Bitcoin shit ? haha
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