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

[bitcircle]

btg is better than this shit coin.... shit dev from zcl always make shit coin!!

To be honest all forks of Bitcoin is shit because they have no vision nor a talented dev team only some noobs are involved into them to make pump. From my point of they are doing this because it is easy to take place on big exchange the prime example of this is BCash.

[jackbox]

This forked coin is total crap. Was just a scam so dev of ZCL could dump his coins at an incredible price. There were lots of suckers and price went way too high.

[Papsie]

Based on the first page of the thread Bitcoin private is similar to Bitcoin, BTCP will support peer-to-peer transactions without an intermediary. So if this project is just similar to BTC, how will you expect to be patronize by the people if they are already patronizing BTC?

[richc1us]

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

Update: The fork began on March 2, 2017 and finished on March 3, 2017. You can read more on how to claim your BTCP 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.

You can read our whitepaper here.


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 on the public ledger -- 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 and decreasing the block time from 10 min to 2.5 min.


The Future of BTCP

We have posted a "March Sprint" on reddit which details our immediate plans after the fork. You can read more about it here. A long term, high level roadmap is forthcoming.

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.


BTCP Specifications

Circulating coin supply: 20.3 million
Total coin supply: 21 million
Block reward: 1.5625 BTCP
Block time: 2.5 min
Block size: 2 MB
Halving schedule: 210,000 blocks
Privacy protocol: zk-SNARKs


FREQUENTLY ASKED QUESTIONS

Who is running the project?
See our team here.

Was there a premine or a founder's reward?
No.

How do I mine BTCP?
See https://btcprivate.org/pools.html

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

How do I claim my BTCP from ZCL and/or BTC?
See this reddit post.

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.

Bitcoin Private (BTCP)
Website: https://www.btcprivate.org
Support: https://support.btcprivate.org
Press: https://btcprivate.org/press.html
Team: https://btcprivate.org/team.html
Wallets: https://btcprivate.org/#wallets
Pools: https://btcprivate.org/pools.html
Github: https://github.com/BTCPrivate/BitcoinPrivate
Whitepaper: https://btcprivate.org/whitepaper.pdf

Social Media
Twitter: http://www.twitter.com/bitcoinprivate
Telegram Group: http://t.me/bitcoinprivate
Telegram Announcements: http://t.me/bitcoinprivatenews
Coinmarketcap: TBA after exchange listings
Reddit: https://www.reddit.com/r/BitcoinPrivate/
Discord: http://discord.gg/9DyxXnx

Exchanges
HitBTC and TradeSatoshi
Support: KuCoin (BTC) and Bittrex (ZCL)

Contribution Team Donation Addresses:

BTCP: b1GqM8B97ZUAbccnTuUAnV4y3siEcVrjNQp
BTC: 1CqSD9rxdQnKEwzqqbLwpgwCeQikFCifPj
LTC: LNYzDrUeX6PSecu4sL4eZkuJGaSXnf8GUH
BCH: 1MxJteinBWHMUibDxADujrgzXfX1LeVZKN

BTCPrivate, your post was 1 year too early.  Its forked 2018, not 2017.  Please correct it.

[Ramulen]

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

Update: The fork began on March 2, 2017 and finished on March 3, 2017. You can read more on how to claim your BTCP 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.

You can read our whitepaper here.


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 on the public ledger -- 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 and decreasing the block time from 10 min to 2.5 min.


The Future of BTCP

We have posted a "March Sprint" on reddit which details our immediate plans after the fork. You can read more about it here. A long term, high level roadmap is forthcoming.

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.


BTCP Specifications

Circulating coin supply: 20.3 million
Total coin supply: 21 million
Block reward: 1.5625 BTCP
Block time: 2.5 min
Block size: 2 MB
Halving schedule: 210,000 blocks
Privacy protocol: zk-SNARKs


FREQUENTLY ASKED QUESTIONS

Who is running the project?
See our team here.

Was there a premine or a founder's reward?
No.

How do I mine BTCP?
See https://btcprivate.org/pools.html

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

How do I claim my BTCP from ZCL and/or BTC?
See this reddit post.

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.

Bitcoin Private (BTCP)
Website: https://www.btcprivate.org
Support: https://support.btcprivate.org
Press: https://btcprivate.org/press.html
Team: https://btcprivate.org/team.html
Wallets: https://btcprivate.org/#wallets
Pools: https://btcprivate.org/pools.html
Github: https://github.com/BTCPrivate/BitcoinPrivate
Whitepaper: https://btcprivate.org/whitepaper.pdf

Social Media
Twitter: http://www.twitter.com/bitcoinprivate
Telegram Group: http://t.me/bitcoinprivate
Telegram Announcements: http://t.me/bitcoinprivatenews
Coinmarketcap: TBA after exchange listings
Reddit: https://www.reddit.com/r/BitcoinPrivate/
Discord: http://discord.gg/9DyxXnx

Exchanges
HitBTC and TradeSatoshi
Support: KuCoin (BTC) and Bittrex (ZCL)

Contribution Team Donation Addresses:

BTCP: b1GqM8B97ZUAbccnTuUAnV4y3siEcVrjNQp
BTC: 1CqSD9rxdQnKEwzqqbLwpgwCeQikFCifPj
LTC: LNYzDrUeX6PSecu4sL4eZkuJGaSXnf8GUH
BCH: 1MxJteinBWHMUibDxADujrgzXfX1LeVZKN

BTCPrivate, your post was 1 year too early.  Its forked 2018, not 2017.  Please correct it.

Maybe there was some crack in the space time continuum. 

I am keeping my BTCP. From the beginning I wanted to keep them at least about a year.
Everybody that is screaming and yelling wanted to make fast profit.
All the others are just sitting back, waiting and enjoying the discussion.

[bitcoinpete]

Why does it ask for priv key on the dashboard?

[SimpleMan]

What is it to offer other than being a zcash clone

BTCP is a dual fork, first of its kind, with the ultimate goal of having a DEX (decentralized exchange) with BTCP trading pairs built into it. If they manage to do that, it would be a huge thing.

Decentralized exchange is a big term right now but most projects still owe the public to deliver what they are talking about. I will only believe that there is a DEX once there is one that I can personally use.

I like the Ethereum decentralized exchange(IDEX), but I agree about believing once seeing. It will be sweet if it does happen.

IDEX is alright, that is true, but the problem is that you are limited to Ethereum tokens and can't trade against Bitcoin and co.

Is there any value to dual fork ZCL and ETH ?  I mean BTCP was a dual fork from ZCL and BTC.  Providing privacy to ETH may provide some value as well.

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

[BitPotus]

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

Rhett will go to jail for pumping and dumping his scam coins.

[Moris1987]

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

Rhett will go to jail for pumping and dumping his scam coins.

I wonder why is he not already in Jail. However justice will be served sooner or later! He cannot hide in this world.

[richc1us]

What is it to offer other than being a zcash clone

BTCP is a dual fork, first of its kind, with the ultimate goal of having a DEX (decentralized exchange) with BTCP trading pairs built into it. If they manage to do that, it would be a huge thing.

Decentralized exchange is a big term right now but most projects still owe the public to deliver what they are talking about. I will only believe that there is a DEX once there is one that I can personally use.

I like the Ethereum decentralized exchange(IDEX), but I agree about believing once seeing. It will be sweet if it does happen.

IDEX is alright, that is true, but the problem is that you are limited to Ethereum tokens and can't trade against Bitcoin and co.

Is there any value to dual fork ZCL and ETH ?  I mean BTCP was a dual fork from ZCL and BTC.  Providing privacy to ETH may provide some value as well.

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

The way Rhett is doing it, 0 Ferrari.  He will be lucky to afford Ford Fiesta.  Take him to court or send him to jail will yield nothing for anyone owning ZCL or BTCP.  This is because he didn't take a percentage for ZCL nor BTCP for himself based on all of the articles, posts, blogs, even the code I read.  At least not for ZCL nor BTCP (not sure about others).  For us, we can make suggestions how to improve BTCP.  BTCP by no means a $30 coin... its worth significantly more than that just a "private bitcoin".

[clixcoin]

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

Rhett will go to jail for pumping and dumping his scam coins.

I wonder why is he not already in Jail. However justice will be served sooner or later! He cannot hide in this world.

OMG this will gonna are you really serious about this. But question is that how this could be possible this is not clear even nobody took responsibility for this action. The real story start from ZCL which is the cause of this.

[Xandan]

I do agree that things begin to clear about the future plans for BTCP. That decentralized exchange thing makes it really different and privacy features is something extra to draw attention of privacy seekers. I personally don't think privacy as future in coming blockchain adoption where clearly scoped based coins and tokens will emerge and grow healthy. If you are clear you needn't anonymity to transact with others.

[Hakamura]

Not the fact that they will work after the fork and start the network in combat mode. But for the time being will let you have in mind. Test net is intended solely for testing purposes.

[Moris1987]

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

Rhett will go to jail for pumping and dumping his scam coins.

I wonder why is he not already in Jail. However justice will be served sooner or later! He cannot hide in this world.

OMG this will gonna are you really serious about this. But question is that how this could be possible this is not clear even nobody took responsibility for this action. The real story start from ZCL which is the cause of this.

I do not know what you are writing here but for sure there are people who are quite angry on him. I invested small amount, others didn't. The coin price is still droping and if this will not recover in few months some bad things can happen. Let the Rhett enjoy riding feraries and yachts.

[Finnedsgang]

Hi, i started mining with a single 1070 just to try how's going but after a couple hours on the official pool i don't see any progress. Just the number of share changed is it normal?

Which pool is the best for a small rig? i use EWBF

[richc1us]

Hi, i started mining with a single 1070 just to try how's going but after a couple hours on the official pool i don't see any progress. Just the number of share changed is it normal?

Which pool is the best for a small rig? i use EWBF

use https://btcp.suprnova.cc.  its the biggest pool (around 50% hashing power came from this pool) and have the most consistent payout.

[jackbox]

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

Rhett will go to jail for pumping and dumping his scam coins.

Seems in most places there are no laws yet to prevent this type of activity in crypto. In any other scenario such as commodities or stock a very serious criminal offence would have been committed.

[Lontonbit]

Lots of haters are a good sign, it just means the competition is very scared. I take it as a signal to buy thanks for all your hard work fudsters

[CryptoMutt]

I'm Kind Of Lost! Are PPL That Build And Promote Projects In The CryptoSpace Allowed To Pump & Dump, Or In Other Words Just Take Someones Money Without Working For It? I Know Every UTube Fuk States A Disclaimer Because They really have Nothing To Do With Anything But Spitting Bullshit To Make Money.. Yhey Dont Copunt For Shit> I'm Talking About All The New Bernie Madoff Fukz! That Mine Tokens For Biz, Companies, Or Whatever Ya Wanna Call Them To Stay Out Of Jail! Any Like This Shopuld Be Sitting Like McAfee With BodyGuards & Sleeping With A Glock.. WTF PPL You Know Who Is, What He Looks Like, All You Need Is Where He Is! Collect! Jail Is Kind, Many Other Means Reap More Satisfaction, No Need For Him To Have A Dime, He Has A Hide, If He Wants To Be A Pig, We'll Just Have To Divide Bacon!

[BillionDollarMan]

Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.

Rhett will go to jail for pumping and dumping his scam coins.

I wonder why is he not already in Jail. However justice will be served sooner or later! He cannot hide in this world.

OMG this will gonna are you really serious about this. But question is that how this could be possible this is not clear even nobody took responsibility for this action. The real story start from ZCL which is the cause of this.

I do not know what you are writing here but for sure there are people who are quite angry on him. I invested small amount, others didn't. The coin price is still droping and if this will not recover in few months some bad things can happen. Let the Rhett enjoy riding feraries and yachts.

I hear cryptojake is the real con artist behind this poop coin, rhett is just a pawn.