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Author Topic: [ANN] [B3] B3Coin | POS/POD | Self Moderated Thread  (Read 7896 times)
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B3Team
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January 23, 2018, 06:28:59 PM
 #1

Announcements

A Call For Community Action

Help B3Coin (kB3) get on Quanta DEX

Exchange Alert! Quanta DEX has opened voting for the coins it will list on its exchange. Quanta DEX wants to become the next generation of decentralized hybrid exchanges for crypto-currencies. The team consists of professionals who have worked at Google, eBay, PayPal and Investor.com and who have the experience of creating world-class scalable products for over 20 years. We believe this exchange will be another great platform to trade kB3 and we want to show support for the DEX community! Please go vote for B3 coin (kB3) using this address:

https://www.quantadex.com/vote/19/b3-coin-kb3-listing-on-quanta


_______________________________________________________________________________ ___________________

B3 Coin (kB3) is now listed on CryptoBridge DEX! http://crypto-bridge.org/ Please note that our ticker is currently "BIII" and will be adjusted to "KBIII" soon. BitShares' blockchain does not allow tickers with numbers in it.



_______________________________________________________________________________ ___________________

Even more trading pairs to come in the future... Thanks http://CoinExchange.io


The latest wallet update is out, 3.1.2.2. It is mandatory for everyone to upgrade to this version ASAP.

https://github.com/B3-Coin/B3-CoinV2/releases/tag/v3.1.2.2

_______________________________________________________________________________ ___________________



“A cryptocurrency with undisclosed technology not yet discovered.”

https://b3coin.io/

Fundamental Nodes / Proof of Disintegration / Decentralized Exchange

Activated Unique Technology

Fundamental Nodes (FN)
Fundamental Nodes are B3's masternode. Like traditional masternodes, they provide the foundational fabric upon which the chain is secured, maintained and stabilized. However, there is one important difference in B3's Fundamental Node vs other coins’ masternodes. While other coins lock the coins in the wallet as collateral (which can then be later spent and put back into circulation), the B3 Fundamental Node leverages a unique technology -- Proof of Disintegration.

Proof of Disintegration (PoD)
PoD effectively destroys coins to purchase the long-term passive income asset in order to remove the coins from circulation and continue to drive down the supply. In traditional Proof of Burn technology, coins are sent to a "burn" address which has no private key component to spend the funds. However, the one major drawback is that the coins still exist in the chain, and can be recovered if the private key is being computationally derived, putting the economy of the coin at risk.  In B3's ecosystem, the coins are destroyed and thus can never be recovered.

What are the annual staking rates?

    80,001 -  110,000  = 100%
   110,001 - 1,000,000 = 20%
 1,000,001 -  infinity  = 5%

What is the split between FN and staking?

  60% FN, 40% staking

What is the cost of a FN?

   Currently = 15,000 KB3

What is kB3?

B3 and kB3 are units of currency supported in the latest B3 Coin wallet (v3.1.2.2). Through a soft fork, the B3 Coin dev team implemented support for a 1000:1 currency conversion in the wallet to ensure the longevity and future proofing of the currency. B3 is now not only the brand name but also the unit of currency used to support micro-payments. In parallel, kB3 is there to support macro-payments and trade. As the B3 Coin dev team continues to innovate in this space, naturally we expect the value of the coin to increase overtime -- to handle this appreciation, the B3 wallet handles both units.

How does this impact the wallets and normal transactions/transfers?
The B3 wallets are backward and forward compatible with both units. If you send B3 to a wallet that has kB3 as their unit of display, it will show at the destination as kB3 and vice versa (see FAQ).

How does this impact the exchanges?
kB3 is what is traded on exchanges. B3 Coin is represented on exchanges as kB3, that is 1000 B3. When you buy and sell B3 Coin, you are trading in 1000 B3 lots/bundles as kB3.

To summarize:
B3
* Brand behind the innovative team.
* Support for micro-payments (avoid decimal conversions / calculations).


kB3
* Traded on exchanges.
* Support for macro-payments.

Reference:
* 1 kB3 = 1000 B3.
* Current Supply ~ 600 million kB3 (varies due to modern PoS system).

Coming Soon…

Decentralized Exchange (DEX)
Many crypto-traders use centralized exchanges which are subject to hacking, theft, and potential price manipulation as information is stored on private servers.  The need for a secure, private and stable environment for crypto-traders to exchange coins is becoming a necessity for the exploding market. The B3 development team is working hard on creating a unique approach to a DEX, utilizing the undisclosed technology behind B3’s code.  More to come about the DEX soon.

____________________________________________________________________________

Current Markets

BTC Market

CoinExchange - https://www.coinexchange.io/market/KB3/BTC
TradeSatoshi - https://tradesatoshi.com/Exchange/?market=KB3_BTC

LTC Market

CoinExchange - https://www.coinexchange.io/market/kB3/LTC

ETH Market

CoinExchange - https://www.coinexchange.io/market/kB3/ETH

DOGE Market

CoinExchange - https://www.coinexchange.io/market/kB3/DOGE

Wallets
https://github.com/B3-Coin/B3-CoinV2/releases/latest

Source Code
https://github.com/B3-Coin/B3-CoinV2

Website
https://b3coin.io/

Social Media

Discord
https://discordapp.com/invite/ARpuv79

Telegram
http://t.me/B3Coins

Twitter
https://twitter.com/b3coins?lang=en

Reddit
https://www.reddit.com/r/B3Coin/

Resources

CoinMarketCap
https://coinmarketcap.com/currencies/b3coin/

Block Explorer
https://chainz.cryptoid.info/b3/
____________________________________________________________________________

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January 23, 2018, 06:29:08 PM
 #2

Special Announcement

Hello fellow BitcoinTalk members!  The B3 Coin Team is proud to announce that there’s a significant shift in the team structure, vision, communication and community atmosphere occurring right now.  The team feels that it is important to speak about the history of B3 Coin up to this point to get everybody on the same page so that we can settle the past.

 As many of you know, the main developer and visionary of B3 Coin, shared his experimental technology, bringing forth the innovation of “Proof of Disintegration” and “Fundamental Nodes (FNs).”  The developer received assistance from other fellow blockchain developers within this community, which he cares about deeply.

The majority of the original B3 Coin’s core team was attracted to the 10,000% annual (HiPOS) staking rewards.  This team was a group who had cryptocurrency marketing/investment backgrounds and understood the need to create a social environment around B3 Coin to raise awareness.  As the community grew rapidly during this period of time, this small group of team members became overwhelmed. The huge task of meeting the community's expectations caused the team to scramble and seek assistance from the community. Specific community members stepped forward, using their skills to the best of their abilities.

At the final stage of the HiPOS period, the leaders within the team made the decision to release FNs early, while the community pools were still going.  This decision was made quickly, and upset the community due to the rewards being split – 60% to FNs, and 40% to POS. That decision also set off a series of technical issues, causing the developers to release several updates to fix defects due to haste and the community pools.  This event created a tornado of emotion in the growing community and they got upset.  Many team and community members left, unhappy with the events that took place.  This created a void which required proper leadership and structure to be implemented within the team. The remaining members within the team were and are extremely supportive of this shift in structure and leadership. With proper analysis of team member’s skills, abilities, availability and delegation there has been a level of excitement that has been absent for a significant amount of time.  We as a team, know there will always be bumps in the road and unforeseen challenges in the life of B3 Coin but the team has pivoted to be proactive rather than being reactive.

With this evolution in the team, it has become clear that the main developer’s vision of the implementation of this new technology was never fully understood.  The team plans to communicate more on a regular basis so that the community is fully educated on the technology.

It is important to note that with every technology, there are problems that can happen.   We, as a team, can always find solutions to the problems.  The team and community are very excited to enter a new time in history of B3 Coin, and move forward together.
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January 23, 2018, 06:30:17 PM
 #3

Reserved
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January 23, 2018, 06:32:01 PM
 #4

Reserved
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January 23, 2018, 06:33:04 PM
 #5

Masternode?
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January 23, 2018, 06:33:27 PM
 #6

reserved

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B3 Tech Team
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January 23, 2018, 06:40:40 PM
 #7

Masternode?

Hello Mister305. B3 has implemented a new form of masternodes, that we call Fundamental Nodes. You can read about them on the OP.
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January 23, 2018, 06:58:20 PM
 #8

How the Modern PoS System Works?
I am 5 days away and I do not receive any currency until now.
Thanks!

Get free laszlocoin.
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January 23, 2018, 07:04:43 PM
 #9

I must have missed this but.... what exactly is the big news?
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January 23, 2018, 07:07:44 PM
 #10

wish all luck for team
Sam123
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January 23, 2018, 07:08:35 PM
 #11

How many coins do I need to setup a Fundamental Nodes
Thanks

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.SEMUX
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  Semux uses .100% original codebase.
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  Tested .5000 tx per block. on open network
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January 23, 2018, 07:27:57 PM
 #12

good luck !
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January 23, 2018, 07:30:25 PM
 #13

How many coins do I need to setup a Fundamental Nodes
Thanks

at the current block 20million B3. at block 95001 it goes to 15million b3
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January 23, 2018, 07:34:40 PM
 #14

How many coins do I need to setup a Fundamental Nodes
Thanks

at the current block 20million B3. at block 95001 it goes to 15million b3

Thanks.
Where do you see this info please ?
How many coin do I get daily with one Fundamental Node
Thanks again

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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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nrigo
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January 23, 2018, 07:45:03 PM
 #15

How many coins do I need to setup a Fundamental Nodes
Thanks
at the current block 20million B3. at block 95001 it goes to 15million b3
Thanks.
Where do you see this info please ?
How many coin do I get daily with one Fundamental Node
Thanks again
You should actually get a reward every 4 to 5 days and the amount may vary because it depends of the staked amount.

Here is the link to the specific discussion about B3 Fundamental Nodes on Discord : https://discord.gg/AwTaThU

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January 23, 2018, 07:49:16 PM
 #16

Coin is dead i keep this coin 100 k from 5 months and wallet newer stake . There is no exchange volumen and news :/  anybody have any news about this coin ? Any guture of this ??

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January 23, 2018, 07:52:27 PM
 #17

Good luck for this currency I hope you work hard to climb very high, buy 7Million B3 and now I have 7000kb3 I wish the best LUCK!  Tongue
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January 23, 2018, 08:01:13 PM
 #18

Coin is dead i keep this coin 100 k from 5 months and wallet newer stake . There is no exchange volumen and news :/  anybody have any news about this coin ? Any guture of this ??

So it's not a launch ? What's new about 5 months ago ?
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January 23, 2018, 08:02:13 PM
 #19

Thank you for this informative post. Its good to see a solid explanation instead of trying to piece together what happened through the gossip in Discord.
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January 23, 2018, 08:03:44 PM
 #20

Coin is dead i keep this coin 100 k from 5 months and wallet newer stake . There is no exchange volumen and news :/  anybody have any news about this coin ? Any guture of this ??
Well I think that announcement is news and development shows that it is not dead. About your staking problems, 100k is a very small amount to stake. if you have 50 million you need almost 3 weeks, the less you have the longer it will take.

Also do you have the newest wallet version and are you on the correct chain?
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