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

[SportaICO]

Which exchanges have you contacted and what is the plan of action/rollout of them?

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[monsanto]

what will happen to unclaimed BTCP from BTCs on exchanges and how will this affect the max supply for mining?

I'm sure the exchange owners will donate this BTCP to charity 

[lukz93]

Bitcoin private seems to be much more embraced by the community than any of the prior forks. The development team has more experience and seems much more professional than the other forks. The privacy features alone make this coin better than btg or bch. I believe we can expect a starting price of up to $200 and the future is very bright!

Yes, based on many polls on twitter, BTCP is going to start trading at a minimum of 0.02 BTC and very few are going to sell for less. Who knows but in the first day of trading it will be very volatile and then it will stabilize.

There are several teams working on ZCL + DOGE fork to ZDoge where ZCL is going to be prices at 20,000:1 and Doge will be 1:1 ZDoge so those who sold ZCL under whale pressure without even getting their BTCP will regret like the guy who bought pizza with 30,000 BTC.

Oh sir, god really hear you. Your words are angelical sounds to my ear... y have 48 zcl before the fork and now i have devastated... but, I GONNA HODL UNTIL REACHES ZERO USD

[bercy]

Alternative is there: https://github.com/Ayms/bitcoin-transactions, and this is the most secure if you can use it

The drawback is that you need to do some little work to move your coins, it's not possible to do more simple without reverting to a dubious wallet sw

Clicked on your link...  now my head hurts  

[monsanto]

Hi,

Before the snapshot, I had an amount of Bitcoin on my Trezor.

If I understand correctly, I'm entitled to have an equal amount of BTCP.

Yes

I also understand that my Trezor does not support BTCP (yet... ever ?).

Ever, I don't know, but for now yes for sure

Question 1 : If I spend my BTC now, what happens to my unclaimed BTCP ?

Nothing, you have your BTCP already and it's better to move your BTCs before claiming anything

Question 2 : Is there another way of claiming my BTCP besides waiting for Trezor support ?  I think that I can import my Trezor private key into another wallet, but that would expose my Trezor key, no ?

Yes, don't do stupid things unless you really trust the destination wallet

Alternative is there: https://github.com/Ayms/bitcoin-transactions, and this is the most secure if you can use it

The drawback is that you need to do some little work to move your coins, it's not possible to do more simple without reverting to a dubious wallet sw

When I have a wallet with 20 addresses in it, does the 12 keyword key recreate the entire wallet with all of its addresses? Or does it only recreate one of them?

Yes, a deterministic wallet like the ledger nano will recreate the entire wallet (and all the addresses in it) from the keywords in the pass phrase. That's why before you use the keywords to recreate a wallet on a non-hardware wallet app you should move all your coins out that are associated with those addresses. You can think of exposing your pass phrase to a wallet app on your computer to claim a fork as burning that pass phrase from a security stand point. Non of the addresses associated with it should be used again.

[Ayms]

Hi,

Before the snapshot, I had an amount of Bitcoin on my Trezor.

If I understand correctly, I'm entitled to have an equal amount of BTCP.

Yes

I also understand that my Trezor does not support BTCP (yet... ever ?).

Ever, I don't know, but for now yes for sure

Question 1 : If I spend my BTC now, what happens to my unclaimed BTCP ?

Nothing, you have your BTCP already and it's better to move your BTCs before claiming anything

Question 2 : Is there another way of claiming my BTCP besides waiting for Trezor support ?  I think that I can import my Trezor private key into another wallet, but that would expose my Trezor key, no ?

Yes, don't do stupid things unless you really trust the destination wallet

Alternative is there: https://github.com/Ayms/bitcoin-transactions, and this is the most secure if you can use it

The drawback is that you need to do some little work to move your coins, it's not possible to do more simple without reverting to a dubious wallet sw

When I have a wallet with 20 addresses in it, does the 12 keyword key recreate the entire wallet with all of its addresses? Or does it only recreate one of them?

It's not a wallet sw, you need to identify the addresses where are your coins (so corresponding transactions with BTC, ZCL or BTCP explorer) before the fork and the associated privkey (in your wallet), and then create and send the transactions to the network

Clicked on your link...  now my head hurts

Can look complicate but it is not so much in fact

[brooklynite1]

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: t1WH2DfnrAvTZRSNJVAUpdAmt4gPQ3jNssT
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

Rhett, are you around? Whats happening? When does mining start? Make sure you dont end up with secret release of miners and a bunch of instamine FUD behind this coin. There is no news so far about how to mine this and it is setting up the stage for some to instamine thousands in the first few hours before others are aware.

[tpkpa]

Bitcoin private seems to be much more embraced by the community than any of the prior forks. The development team has more experience and seems much more professional than the other forks. The privacy features alone make this coin better than btg or bch. I believe we can expect a starting price of up to $200 and the future is very bright!

Experience in forking for sure but not in development 

[vibingpositively]

This fork is undoubtedly the best one of all the Bitcoin forks to have happened. It has an actual use case, now lets see if the dev can implement his vision before Bitcoin gets there. Got my fireworks ready, and am prepared for either outcome. GL!:)

[brooklynite1]

This fork is undoubtedly the best one of all the Bitcoin forks to have happened. It has an actual use case, now lets see if the dev can implement his vision before Bitcoin gets there. Got my fireworks ready, and am prepared for either outcome. GL!:)

It is except that the entire Dev team is MIA.

[raxiq]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

[ZenFr]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

Yes, the real idea come from BTCz, I agree.
But there in no trouble : BTCz is still a better coin : no fork, no premine, no ICO, no centralized team, no hierarchy : the unique real anonimyzed Bitcoin is BTCz.
This Bitcoin Private is only to have more Bitcoin... or buying some BTCz.
Very sorry for the big losts of the ZCL buyers for this BTCP fork : -85% in less 24 h !!!

[Manu84]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

Yes, the real idea come from BTCz, I agree.
But there in no trouble : BTCz is still a better coin : no fork, no premine, no ICO, no centralized team, no hierarchy : the unique real anonimyzed Bitcoin is BTCz.
This Bitcoin Private is only to have more Bitcoin... or buying some BTCz.
Very sorry for the big losts of the ZCL buyers for this BTCP fork : -85% in less 24 h !!!

actually i think its the first Bitcoin * that is not a pure scam..

never heard of BTCz..
even if it would have the best tech and everything,
without hype and good exchanges is is worthless.
its all about Attraction and Hype.

and Bitcoin Private has a huge Hype and attention.
if Binance really will support trading i dont think ZCL holders have made a loss.

[wklalen]

fork hard fork and fork..busittttt
just waiting real market showing BTCP
when market BTCP open????u thread 2 month ago

[lonesomestranger]

The price on Bittrex is amazing. It goes to show how Bittrex trades are fake bots. How the hell would buy at 3x the price of all other exchanges.

But I personally think the sell of on ZCL had no reason and the price could go back up to at least $80.

BTCP when starts trading could start at $200. Will see where it goes from there but if you ask me its at least worth as much as half of BCH or $600 so if starts trading at $200 it could run up after that.

If I remember correctly development for ZCL will stop completely. I doubt the price will go up again. Or has there someone been found now to continue the dev work?

Not quite! Here's a statement from Bitcoin Private FAQ: Question: 'What happens to ZCL after the fork?' ' Answer: 'ZClassic will still exist. The community has discussed keeping ZCL in active development after the fork. We think this is great and fully support this.'

[ZenFr]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

Yes, the real idea come from BTCz, I agree.
But there in no trouble : BTCz is still a better coin : no fork, no premine, no ICO, no centralized team, no hierarchy : the unique real anonimyzed Bitcoin is BTCz.
This Bitcoin Private is only to have more Bitcoin... or buying some BTCz.
Very sorry for the big losts of the ZCL buyers for this BTCP fork : -85% in less 24 h !!!

actually i think its the first Bitcoin * that is not a pure scam..

never heard of BTCz..
even if it would have the best tech and everything,
without hype and good exchanges is is worthless.
its all about Attraction and Hype.

and Bitcoin Private has a huge Hype and attention.
if Binance really will support trading i dont think ZCL holders have made a loss.

Your right, but only for very short term.
Yes marketting and hype are importants for speculatives operations, but only for very short term, generally very dangerous (we have a perfect example here for those who have buying ZCL to participate to this fork : they have lost 85% of they money).
BTCz is a long term coin, like BTC : the goal is the same marketcap as Bitcoin, but in a shorter time, before the first halving.

[Haze The Hobo]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

Yes, the real idea come from BTCz, I agree.
But there in no trouble : BTCz is still a better coin : no fork, no premine, no ICO, no centralized team, no hierarchy : the unique real anonimyzed Bitcoin is BTCz.
This Bitcoin Private is only to have more Bitcoin... or buying some BTCz.
Very sorry for the big losts of the ZCL buyers for this BTCP fork : -85% in less 24 h !!!

actually i think its the first Bitcoin * that is not a pure scam..

never heard of BTCz..
even if it would have the best tech and everything,
without hype and good exchanges is is worthless.
its all about Attraction and Hype.

and Bitcoin Private has a huge Hype and attention.
if Binance really will support trading i dont think ZCL holders have made a loss.

Your right, but only for very short term.
Yes marketting and hype are importants for speculatives operations, but only for very short term, generally very dangerous (we have a perfect example here for those who have buying ZCL to participate to this fork : they have lost 85% of they money).
BTCz is a long term coin, like BTC : the goal is the same marketcap as Bitcoin, but in a shorter time, before the first halving.

BTCZ doesn't seem to have too much miner support. This is one of the most crucial things when it comes to pow coins. ZCL had (and still has) huge miner support and so will BTCP.
Tbh I'm a miner my self and with fast googling couldn't even find proper reliable pools. This made me give up the idea of mining BTCZ instantly. I know BTCP has proper pool support, so I am happy to mine that when mainnet is launched.

I think these are different coins with same kind of idea (all Z are based on privacy as they have zksnarks). BTCP is merged from 2 coins, so you can't really say they stole the idea from BTCZ. BTCZ is basically just another Z coin in the family with BTC supply.

[Miguelpt]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

Yes, the real idea come from BTCz, I agree.
But there in no trouble : BTCz is still a better coin : no fork, no premine, no ICO, no centralized team, no hierarchy : the unique real anonimyzed Bitcoin is BTCz.
This Bitcoin Private is only to have more Bitcoin... or buying some BTCz.
Very sorry for the big losts of the ZCL buyers for this BTCP fork : -85% in less 24 h !!!

actually i think its the first Bitcoin * that is not a pure scam..

never heard of BTCz..
even if it would have the best tech and everything,
without hype and good exchanges is is worthless.
its all about Attraction and Hype.

and Bitcoin Private has a huge Hype and attention.
if Binance really will support trading i dont think ZCL holders have made a loss.

Your right, but only for very short term.
Yes marketting and hype are importants for speculatives operations, but only for very short term, generally very dangerous (we have a perfect example here for those who have buying ZCL to participate to this fork : they have lost 85% of they money).
BTCz is a long term coin, like BTC : the goal is the same marketcap as Bitcoin, but in a shorter time, before the first halving.

BTCZ doesn't seem to have too much miner support. This is one of the most crucial things when it comes to pow coins. ZCL had (and still has) huge miner support and so will BTCP.
Tbh I'm a miner my self and with fast googling couldn't even find proper reliable pools. This made me give up the idea of mining BTCZ instantly. I know BTCP has proper pool support, so I am happy to mine that when mainnet is launched.

I think these are different coins with same kind of idea (all Z are based on privacy as they have zksnarks). BTCP is merged from 2 coins, so you can't really say they stole the idea from BTCZ. BTCZ is basically just another Z coin in the family with BTC supply.

Hey!

Feel free to test our pool. We are a fast growing pool provider with a big community of happy miners!
Pass by our telegram to check it out: https://t.me/joinchat/GP6HXwxiGzDKiBucyWvbWQ
main website: https://multipools.club

See you there

[Haze The Hobo]

This coin is a pure scam and an idea is simply stolen from BTCZ. How many of you already lost money on this ZCL pump

Yes, the real idea come from BTCz, I agree.
But there in no trouble : BTCz is still a better coin : no fork, no premine, no ICO, no centralized team, no hierarchy : the unique real anonimyzed Bitcoin is BTCz.
This Bitcoin Private is only to have more Bitcoin... or buying some BTCz.
Very sorry for the big losts of the ZCL buyers for this BTCP fork : -85% in less 24 h !!!

actually i think its the first Bitcoin * that is not a pure scam..

never heard of BTCz..
even if it would have the best tech and everything,
without hype and good exchanges is is worthless.
its all about Attraction and Hype.

and Bitcoin Private has a huge Hype and attention.
if Binance really will support trading i dont think ZCL holders have made a loss.

Your right, but only for very short term.
Yes marketting and hype are importants for speculatives operations, but only for very short term, generally very dangerous (we have a perfect example here for those who have buying ZCL to participate to this fork : they have lost 85% of they money).
BTCz is a long term coin, like BTC : the goal is the same marketcap as Bitcoin, but in a shorter time, before the first halving.

BTCZ doesn't seem to have too much miner support. This is one of the most crucial things when it comes to pow coins. ZCL had (and still has) huge miner support and so will BTCP.
Tbh I'm a miner my self and with fast googling couldn't even find proper reliable pools. This made me give up the idea of mining BTCZ instantly. I know BTCP has proper pool support, so I am happy to mine that when mainnet is launched.

I think these are different coins with same kind of idea (all Z are based on privacy as they have zksnarks). BTCP is merged from 2 coins, so you can't really say they stole the idea from BTCZ. BTCZ is basically just another Z coin in the family with BTC supply.

Hey!

Feel free to test our pool. We are a fast growing pool provider with a big community of happy miners!
Pass by our telegram to check it out: https://t.me/joinchat/GP6HXwxiGzDKiBucyWvbWQ
main website: https://multipools.club

See you there

EU servers for low ping?

[Miguelpt]

 yes! very good server its good connection.

Low ping for sure