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Author Topic: Bitcoin Platinum - Make Bitcoin Decentralized Again  (Read 11289 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 Special computer hardware designed for BTC mining (ASICs) is obsolete for mining BTP, giving ordinary users a chance to mine with ubiquitous GPUs.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 Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in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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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 ?
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October 25, 2017, 03:35:58 PM
 #4

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.
danherbias07
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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.
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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.
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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
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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.
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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.
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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.
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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 ?
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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
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October 25, 2017, 04:47:52 PM
 #16

in amazing how stupid people can be.... lol
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October 25, 2017, 04:54:07 PM
 #17

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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October 25, 2017, 05:16:12 PM
 #19

This is duplicate scam....

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October 25, 2017, 05:19:23 PM
 #20

OMG! New Fork Bitcoin shit ? haha
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October 25, 2017, 05:44:13 PM
 #21

it may be too early to make this project a scam, it just takes a little time to figure out if this project is really reliable or not
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October 25, 2017, 06:03:44 PM
 #22

I haven't seen such a bad idea. How can you really sure that people are idiot to not understand your purpose? If people send their money to you, you are really lucky.


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October 25, 2017, 06:13:12 PM
 #23

let's just make a bitcoin for every user!

So everyone has his own btc, and we just have to trade to the cash we want to trade in

Crypto-Beratung und Hilfe bei allen möglichen Crypto-Projekten oder Problemen! https://phash.de
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October 25, 2017, 06:33:57 PM
 #24

Finally this shit rally has been started now we will see so many project who will claim they could provide the better solution with centralized model. To be honest we don't need this kind of useless coins anymore.

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October 25, 2017, 06:37:06 PM
 #25

BTP ?
Man I just love that acronym.... I'm SO IN  Cool Cool
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October 25, 2017, 08:03:20 PM
 #26

Bitcoin Platinum
Make Bitcoin Decentralized Again
Why are you ripping off the real Bitcoin Platinum project?
Bitcoin Platinum is here and it was announced earlier than yours with a lot more details, so please choose another name!
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October 25, 2017, 08:07:23 PM
 #27

A fork of a fork...   Cheesy
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October 25, 2017, 08:52:00 PM
 #28

but that brings new??, it is the same as bitcoin silver !!

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October 25, 2017, 08:54:34 PM
 #29

What about other information about the project? Roadmap? Pre-miner? And when will the website be available?
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October 25, 2017, 09:01:06 PM
 #30

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.

I think you are right. With just one altcoin using the bitcoin name the damage is already done. Having many of these alts stresses that they are just alts.
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October 25, 2017, 09:11:24 PM
 #31

So will Bitcoin Bronze or Iron come next? Huh
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October 25, 2017, 11:01:54 PM
 #32

Forks every week now? When Bitcoin Rhodium? Sad

If it's for real, It's bad for business, and for crypto in general IMHO.

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October 26, 2017, 07:25:04 AM
 #33

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.



Exchangers

Wallets


Pools

Media

Website

plz.. if something is really new here...
can the dev or the Bitcoin Platinum do a comparison between bitcoin gold and bitcoin platinum?Huh
thnakx

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October 26, 2017, 08:34:41 AM
 #34

Platinum ?? Uranium ??

is this for real or scam ??

for me, i think this is surely 100% scam
check this https://bitcointalk.org/index.php?topic=2316573.0 the name bitcoin shit, so funny

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October 26, 2017, 12:38:43 PM
 #35

Platinum ?? Uranium ??

is this for real or scam ??

for me, i think this is surely 100% scam
check this https://bitcointalk.org/index.php?topic=2316573.0 the name bitcoin shit, so funny

it could be!!!
for sure, no response from hours is not a good signal!
if the project it were not scam, i think dev had already should have written all!

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October 27, 2017, 03:34:49 AM
 #36

Let's say, Bitcoin Platinum.
Maybe, it will be even better, than gold.
But, we need more information. Where is the wallet, pool, site at least?

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October 27, 2017, 08:02:21 AM
 #37

we are arrived at Bitcoin Uranium!!
this way is really ridiculus!
try to search for "Bitcoin Uranium" here on bitcointalk and you will see it!!

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November 04, 2017, 02:25:09 AM
 #38

 Shocked LOL ... Bitcoin Shitinum  Cheesy
Fake Bitcoin Decentralized Again  Grin Grin Grin
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November 04, 2017, 02:27:54 AM
 #39

Nice scam. Not very creative either. I'm sure it will fool someone.
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November 13, 2017, 12:46:08 PM
 #40

I'm not gonna jump on this one, I'll wait for Bitcoin Titanium. Cheesy Cheesy Cheesy
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November 19, 2017, 09:03:56 AM
 #41

I just forked Bitcoin Diamonds  Shocked

Disable the FORK button  Cheesy https://github.com/bitcoin/bitcoin
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November 26, 2017, 03:16:41 AM
 #42

I can not access it.

http://bitcoinplatinum.github.io/
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November 26, 2017, 03:28:54 AM
 #43

Where did Bitcoin Bronze go? Lol

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November 26, 2017, 03:32:20 AM
 #44

I would be interested if there is any chance of this getting listed on popular exchnages like  bittrex or atleast cryptopia ? do we haveany proper roadmap yet for this project?
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November 26, 2017, 06:02:42 PM
 #45

After gold, silver, ect. It is one of the hardest time for community to judge someone is good project.
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November 27, 2017, 12:29:27 AM
 #46

Quote
The purpose of Bitcoin Platinum is to make Bitcoin mining decentralized again.

But won't it become cenytralized after some time as how it is happening with original bitcoins?
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November 27, 2017, 05:58:03 AM
 #47

WHAT? Is there another platinum son, BCH, BTG, BCD, BTH, SBTC?,... Can't you finish it? The capital market of Chinese chive harvest game, no integrity. The leek when cut, the geometry of life! Embarrassed
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November 29, 2017, 01:03:43 AM
 #48

The real BTP appears to be here- https://twitter.com/BTCPLT
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December 02, 2017, 07:22:27 PM
 #49

Hi.

Aria DiMezzo of CryptoCheck here. Please explain why this isn't a shitcoin, and isn't going to die in a day or two (at the most) from a lack of miner support, and explain how this is not going to simply do damage to Bitcoin's name.

Thanks.
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December 02, 2017, 07:52:42 PM
 #50

Maйнит ктo этy мoнeтy?
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December 04, 2017, 11:44:57 AM
 #51

Another fork. At least be more creative on the name. My advice:  Bitcoin Pro, Bitcoin Advanced, Bitcoin Premium etc.
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December 04, 2017, 11:48:10 AM
 #52

Like your slogan Grin
With such ambitious slogan you must reach high. Good luck!
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December 06, 2017, 06:45:27 PM
 #53

I heard we can get free bitcoin platinum. is it true?
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December 08, 2017, 05:44:41 PM
 #54

I heard we can get free bitcoin platinum. is it true?

yes
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December 08, 2017, 09:46:32 PM
 #55

What I'm going to do is keeping my BTC at Bittrex and await for them to give me BTP and sell it asap.

And will never trade BTP ofc.

Free money is free money Tongue
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December 08, 2017, 11:06:44 PM
 #56

Tell me where can I get Platinum?
On which exchanges do you need to keep a coin to get Platinum?
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December 09, 2017, 01:22:40 AM
 #57

how to mine?
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December 09, 2017, 01:06:42 PM
 #58

This is shitty,I smell scam
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December 10, 2017, 09:29:47 AM
 #59

Hello folks!

This project turned out to be a scam already! Stupid korean boys made it up. Shitty scumbag!!

Korean communities are chasing after them.

Do Not ever expect anything regarding this!

It is entirely a FRAUD!
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December 10, 2017, 12:32:59 PM
 #60

Electrum wallet started project on https://www.electronplatinum.org
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December 11, 2017, 09:31:23 AM
 #61

It's not clear yet whether this is indeed a scam or not. The only accussation there was based on some alleged twitter post where the alleged author admitted BTP is a scam. Such twitter post doesn't exist (anymore), though. Also it seems very strange that a scammer would admit being a scammer, it makes no sense at all unless he is really just a dumb irationally acting teenager.

My list of 43(+3) reviewed Bitcoin forks | You don't have to download the pre-fork blockchain again for each fork! | Beware of fraudulent AWS accounts sellers and dangerous edu AWS codes! + My personal list of legit sellers and scammers | Never publicly reveal your btc addresses, ownership or any other details and stay very far away from anybody who asks you to! | The general rule of safe buying is: if the seller is a newbie, with no reputation, with no topic nor trust feedback, offering no vouches and/or selling from a locked or self-moderated topic and unwilling to go first or use escrow => AVOID. Always check the trust feedback first and make sure that you have enabled "Show untrusted feedback by default" in "Profile / Forum Profile Information".
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December 12, 2017, 04:04:45 AM
 #62

Will using blockchain lead to an increase in transaction costs?
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December 12, 2017, 08:15:51 AM
 #63

so are we getting bitcoin platinum or not?  it was postponed to 500000 correct?
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December 12, 2017, 08:20:49 AM
 #64

plutonium?

Grow your Discord community with panda-bot! https://pandabot.fatpanda.club
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December 13, 2017, 06:18:47 PM
 #65

when is presentation?
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December 14, 2017, 07:44:28 AM
 #66

As for me, very smart solution for this industry
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December 15, 2017, 05:08:17 PM
 #67

There is no website? Which exchanges are going to suport this fork? Wallets? I want to know because I plan to dump it asap  Grin
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January 10, 2018, 06:21:09 PM
 #68

Automatic multiple Faucets for free coins, almost every bitcoin fork supported !

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                      "▀▀▀╙
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January 10, 2018, 06:33:44 PM
 #69

It seems that many people want to get coins that are easily famous through forking process which only turn to be scam. I think after this there will be another fork, can't wait to see it  Grin
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January 10, 2018, 06:39:19 PM
 #70

This looks to have turned out to be more of a spork, than a fork. Please respect the forks.

Signature for sale by owner
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January 31, 2018, 03:11:15 PM
 #71

People can use this tool to transact/claim forked coins (and whatever coin now or later): https://github.com/Ayms/bitcoin-transactions

See also https://bitcointalk.org/index.php?topic=2827163.0 for a summary and supported coins

Then let's see if BTP is a scam or not:

@shoeonyourhead you have not released you code yet but you should be able to provide the following information so we could include BTP in the tool, what we would need is the same as https://github.com/Ayms/bitcoin-transactions/blob/master/tx.js#L192-L204 for BTP and the hex representation of a transaction performed by BTP (ideally 1 or 2 inputs (with associated addresses and amounts) and outputs), thanks if you can send it
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