[ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash]

[NrX]

I also have same thoughts that team had plans and they kept on buying ZCL when no one was touching them. Later on they announced at of sudden to use them with 1:1 ratio just like Bitcoin. This part of the project looks strange as it will open new kind of money making trick to add some coin at bottom and then boom. That analysis is fantastic to make money from everywhere.

[1714037506]

1714037506

[1714037506]

1714037506

[roby4kill]

For everyone wondering why Bittrex hasn't made any announcement regarding the support of the BTCP fork, let's go back and take a look at the BTG fork.

BTG fork was 23 October. Bittrex made a statement about it in 22 October, one day before the fork.

We might expect an announcement soon.

[greegan]

Hi guys,
In Linux I am not getting connections in testnet for btcpd.
It's the testnet up and running?

Thank you in advance

[mobomofo]

For everyone wondering why Bittrex hasn't made any announcement regarding the support of the BTCP fork, let's go back and take a look at the BTG fork.

BTG fork was 23 October. Bittrex made a statement about it in 22 October, one day before the fork.

We might expect an announcement soon.

Lets hope. If bittrex and binance sign on this coin will soar. If its stays with only tradsatoshi it will probably follow about how lcc is doing.

[mobomofo]

Something is not right here. There are 2 coins with the same name, Bitcoin pro (BTCP) and Bitcoin Private (BTCP).

Not the first time either. There was another coin i bought a while back thinking it was one and9 it turned out to be the other...it will get confusing fast if either take off.

[stil55]

Combining the BTC ledger with an existing blockchain to do like a double fork merger is really a good idea. I got a little late, it's still possible to buy ZCL and switch to BTCP, right? Updating ZClassic was one of the things expected by many people, I'll be watching, BTCP will have the advantage of being already on Bittrex.

[maliha tahir]

https://i.imgur.com/moAWiqo.png

Update: Please see details about our Voluntary Miner Contribution Program here.

BITCOIN PRIVATE
Similar to Bitcoin, BTCP will support peer-to-peer transactions without an intermediary. These transactions will be verified by network nodes through the use of cryptography and recorded in a public ledger. Unlike Bitcoin, BTCP supports an increased block size and block time for faster transactions with lower fees. Furthermore, transactions can be performed on a private (z) ledger. When sending from one private address to another, the sender, recipient, and amount are all private.

The importance of Bitcoin Private
Recently, it has become clear that the crypto community’s privacy is at risk. Everytime one makes a transaction on the Bitcoin blockchain, the transaction is recorded on the blockchain in perpetuity for anyone to see. We have seen the BitFury Group use this information to de-anonymize over 15% of the entire Bitcoin network, along with many other examples. This led us to create Bitcoin Private (BTCP) - a fork-merge of the ZCL & BTC blockchains and introduction of the zk-SNARKS feature to Bitcoin.

The hard fork will allow users to safely transfer their digital currency without any threat to their privacy, known as “shielded transactions, on the Bitcoin Private blockchain. For example, transactions would still take place on this Bitcoin based blockchain, except without being recorded anywhere on the ledger-- thus leaving absolutely no trail of your transaction details to anyone other than the sender and recipient. This has never been done before with any Bitcoin hard fork. Ultimately, privacy was once a cornerstone of Bitcoin but can no longer be guaranteed today.
Aside from the shielded transactions, Bitcoin Private is also making transactions faster and more efficient by doubling the Bitcoin block size from 1MB to 2MB.

Bitcoin & ZClassic Snapshot Date
The Bitcoin Private contribution team announced the much-anticipated snapshot date of both Bitcoin & ZClassive which are scheduled to occur on February 28, 2018. This announcement was made at the first official Bitcoin Private Conference held in Austin, Texas. The fork date and mainnet launch is scheduled to occur ~2 days later.

Bitcoin Private will be distributed on a 1:1 basis. This means, that for every 1 ZClassic (ZCL) or 1 Bitcoin (BTC) held during the snapshot, holders will receive 1 Bitcoin Private. For example, if someone holds 20.3 ZClassic and 1.5 Bitcoin, he/she will receive 21.8 Bitcoin Private.

Moving forward, the Bitcoin Private team will continue securing appropriate partnerships to bolster the Bitcoin Private initiative. You should expect announcements around these partnerships to continue throughout 2018 as we seek to build a sustainable technology platform.

We anticipate our development team to continue growing in headcount and skill set, which allows us to build out our ambitious post-fork technology roadmap. The successful execution of our roadmap will allow Bitcoin Private to deliver superior value to other Bitcoin hard forks, especially around privacy and transaction speeds.
Ultimately, we believe in a cryptocurrency world where everyone can trust their privacy will be respected.
 

FREQUENTLY ASKED QUESTIONS

Who is running the project?
See our team here.

When is the hard fork date?
The BTC+ZCL snapshot date for the long awaited Bitcoin Private Hardfork will occur on February 28th, 2018. Fork Date and Main Net Launch is approximately 2 days later.

How will BTCP be distributed?
If you have 1 ZCL, you keep 1 ZCL and get 1 BTCP, if you have 1 BTC, you keep your BTC and get 1 BTCP.

What is going to happen to ZCL after the hard fork?
It will still exist, though we are unsure how its development will continue as of right now.

Is there a premine or a founder's reward?
No to premine. We asked the community about a small founder's reward and the support was not overwhelming.

What exchanges will support the fork?
As of right now, we can not comment on exchange support.

Where can I store my ZCL to ensure I get my BTCP?
Please refer to https://zclassic.org for latest releases.

How do I mine ZCL?
We recommend you join our Voluntary Miner Contribution Program.

How do I get involved in the fork?
Please reach out to us on Reddit, Twitter, Discord, or Telegram.

Where can I buy ZCL right now?
Bittrex, Cryptopia, and Coinexchange.io

How do I claim my BTCP from ZCL?
Backup your private keys in any ZCL wallet and then import them into the BTCP wallet which will be released on the fork date.

How many BTCP will there be after the fork?
There are approximately 3 million ZCL and approximately 16.7 million BTC, so there will be approximately 19.7 million BTCP after the fork.

Can I donate to the team?
Yes you can! We're all volunteers and as such your donation is greatly appreciated. See the below wallet addresses. You can also join the Voluntary Miner Contribution Program and if you aren't a miner, you can still join the program by following this guide.

Bitcoin Private (BTCP)
Press: bitcoinprivatemarketing@gmail.com
Website: https://www.btcprivate.org
Twitter:http://www.twitter.com/bitcoinprivate
Telegram Group: http://t.me/bitcoinprivate
Telegram Announcements: http://t.me/bitcoinprivatenews

Github: https://github.com/BTCPrivate/BitcoinPrivate
Coinmarketcap: TBA
Reddit: https://www.reddit.com/r/BitcoinPrivate/
Discord: http://discord.gg/9DyxXnx
Exchanges: TBA

Contribution Team Donation Addresses:

BTC address: 1CqSD9rxdQnKEwzqqbLwpgwCeQikFCifPj
ZCL address: t1gsePJZ6ojJYygj3PWMGJfojPUoMd5AVfU
LTC address: LNYzDrUeX6PSecu4sL4eZkuJGaSXnf8GUH
BCH: 1MxJteinBWHMUibDxADujrgzXfX1LeVZKN

ZClassic (ZCL)
Website: http://zclassic.org/
Explorer: http://explorer.zclmine.pro
ANN: https://bitcointalk.org/index.php?topic=1671982
Github: https://github.com/z-classic/zclassic
Coinmarketcap: https://coinmarketcap.com/currencies/zclassic/
Reddit: https://www.reddit.com/r/ZClassic/
Twitter: https://twitter.com/ZclassicCoin
Telegram News: https://t.me/bitcoinprivatenews
Discord: https://discord.gg/BGbC88c
ZCL Electrum Wallet: https://github.com/BTCP-community/electrum-zcl/releases

ZClassic Exchanges:
https://bittrex.com/Market/Index?MarketName=BTC-ZCL
https://www.cryptopia.co.nz/Exchange?market=ZCL_BTC
https://www.coinexchange.io/market/ZCL/BTC


Setting up ZCL wallet nodes:
https://redd.it/7n9ily

Really? lets see how this work

[brooklynite1]

Seems to me the devs doing all these forks have the most to earn by creating a forked coin of which they most likely have a lot of. So besides a generous pre mine (which most do), they also reap the coin match from the fork. Pretty clever way to make some quick crypto cash.

I notice the latest (forked) litecoin cash price really sucks right now lol. However I did mine it at launch briefly......

Lastly, just what we need.... another Equihash coin lol

Although my main mining farm is and has been Equihash. I don't see this coin doing any better than the 5 or 6 coins we already have. Will be checking it out though.  

Not sure what you mean. LTC prefork was around $125 right before fork it went up to around $195 and now its $222 + $2.32*10 LCC - $245.

ZCL is expected to run up to 0.0200 BTC (from current 0.0116 BTC)

BTCP is expected to have about 15% value so it shoudl trade around 0.0060 BTC

Overall I am expecting a 70%~100% increase in total sum value going from one ZCL 0.0116 to ZCL+BTCP. = 0.0230

[brooklynite1]

So Rhett once asked people to vote what to do with Satoshi's BTCP post fork.

The question is, how does he have access to it? Does he have all the private keys?

[tpkpa]

For everyone wondering why Bittrex hasn't made any announcement regarding the support of the BTCP fork, let's go back and take a look at the BTG fork.

BTG fork was 23 October. Bittrex made a statement about it in 22 October, one day before the fork.

We might expect an announcement soon.

They announced NXT 7 days before.

[gembitz]

Seems to me the devs doing all these forks have the most to earn by creating a forked coin of which they most likely have a lot of. So besides a generous pre mine (which most do), they also reap the coin match from the fork. Pretty clever way to make some quick crypto cash.

I notice the latest (forked) litecoin cash price really sucks right now lol. However I did mine it at launch briefly......

Lastly, just what we need.... another Equihash coin lol

Although my main mining farm is and has been Equihash. I don't see this coin doing any better than the 5 or 6 coins we already have. Will be checking it out though.  

Not sure what you mean. LTC prefork was around $125 right before fork it went up to around $195 and now its $222 + $2.32*10 LCC - $245.

ZCL is expected to run up to 0.0200 BTC (from current 0.0116 BTC)

BTCP is expected to have about 15% value so it shoudl trade around 0.0060 BTC

Overall I am expecting a 70%~100% increase in total sum value going from one ZCL 0.0116 to ZCL+BTCP. = 0.0230

$ZCL .O11 \\\nice buys dip :-D weeee

===>

https://www.cryptopia.co.nz/Exchange/?market=ZCL_BTC

[dunchy]

Does anyone have info, if Binance announced will the depositors receive the forked coins on their exchange accounts or not? Also do we have a clear info on the block height for the fork event or is that still a secret?

[mattman3333]

I'm trying to move my coins to trade satoshi for for but I cant get a deposit address for ZCL... anyone having this issue?

[lutsifer]

Hello to all miners,

We are happy to announce that after Zero and Zclassic blockchains we decided to open a Bitcoin Private Pool!

Forgetop.com (BTCP) works perfect for the moment on TESTNET.[/b]. Waiting for the official start!

Cheers and Happy Mining to all!

[ETP_mining_pool]

HitBTC has announced they will list BTCP after the fork. Currently they do not list ZCL, so therefore you will not be able to hold your ZCL there during the snapshot.

HitBTC Пoддepжaлa кoмaндy BTCP, oни нaчнyт пpинимaть дeпoзиты пocлe фopкa. К coжeлeнию y ниx пapы тopгoвoй ZCL, пoэтoмy нeт вoзмoжнocти paздeлить пpямo нa биpжe вaши ZCL. Пo нaшим пpeдпoлoжeниям, тoлькo биткoины нa дaннoй биpжe cмoгyт cтaть BTCP.

Are you planning to mine BTC Private (BTCP)?? Join BTCP group and let’s do massive start.

Telegram group:

https://t.me/BTCP_Mining_Pool

If you ant receive only important updates and information about BTCP join channel.

Telegram channel:

https://t.me/BTCPrivate_Mining_Pool

Mining pool: http://btcprivate.pro

[evilcrypto]

Launch timer anywhere ?

[tr4m]

Launch timer anywhere ?

Check the official website: https://btcprivate.org/

[evilcrypto]

Thanks. There is one

[Dolina]

ждeм нaчaлa

[bbv4pawn]

Just why did zclassic go down like 75% when it should be going up?