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Author Topic: [ANN] [BITG] BitGreen | Sustainable Cryptocurrency | NO ICO - POS/MN  (Read 92509 times)
bitcoin_green (OP)
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January 28, 2018, 05:42:19 AM
 #41

Block Explorer is live! Mainnet is running and stable. Still on the 1 BITG fair start rewards.

https://www.savebitcoin.io/explorer
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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SemiGa
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January 28, 2018, 07:29:57 AM
 #42

.the project is not bad. but discord. waiting for an invitation.
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January 28, 2018, 08:40:59 AM
 #43

will be any airdrop?
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January 28, 2018, 11:03:23 AM
 #44

naaaaw, fuck this coin .. smells dodge. I'ma bounce!
Are you TROLL? Your last messages only with wards SCAM.
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January 28, 2018, 12:04:25 PM
 #45

New BitcoinGreen pool (quark)
https://lpool.name/pool/BITG

-o stratum+tcp://quark.lpool.name:12023 -u <WALLET_ADDRESS> -p c=BITG

Bounty/Donate: GdqSaVH4aPVseRagebY1NtX3UBqhEyX9zn (BITG)

Node list: https://lpool.name/explorer/peers?id=2023
Explorer: https://lpool.name/explorer/BITG

https://lpool.name/ - Local pool!
Dev, send me PM if you want to ADD coin to pool.
Dev, send me PM in case of hardfork.
xezz
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January 28, 2018, 12:17:32 PM
 #46

I think that this project solves a problem that cannot be solved in this way.
The massive energy consumption of bitcoin mining is not a thing that the bitcoin code demands, you see.
Consensus and the same blocktimes could be achieved with far less energy consumption, it is the miners who are having an arms race to get more bitcoin profits, who drive up the energy consumption.

So how does one solve the problem of human greed?
I do not see the answer in this project and therefore am skeptical.
It says "Masternode Mining" in the first post but still PoW and that is more confusing than enlightening. Just my 50 sats on this thread.

PoS is the mechanism in which new blocks are generated. The main chunk of these block rewards will be distributed to masternode holders. PoW is needed to mine the first blocks and to stabalize the network. There will be no miners later on.

As for the humand greed:
Unfortunatly thats a problem noone will ever solve. We have a strong team and some well known figures in the discord community to try something new here. This is not a PnD coin. Though it will be pumped it will be dumped because thats what crypto and stocks always do. There is nothing we can do against that. But what we can do is to make an attempt on at least defeating the arms race and make ppl aware of this missconception.
leevox
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January 28, 2018, 08:17:32 PM
 #47

other POS coins are also energy efficient/scalable/high MN rewards, what's unique about this coin?
bitcoin_green (OP)
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January 30, 2018, 04:54:21 AM
Last edit: January 30, 2018, 06:04:24 AM by bitcoin_green
 #48

The Discord channel has been reopened to the public!

https://discord.gg/eeJethG

other POS coins are also energy efficient/scalable/high MN rewards, what's unique about this coin?

This is a great question. What makes BITG unique is the design and the mission.

First, there's the coin design. Bitcoin Green is pure POS (energy efficient) with a fixed block reward. A fixed block reward creates a more fairly distributed coin than other POS methods, which typically end up compounding disproportionately (most %-based block reward coins). Adding Masternodes makes the mining process even more equitable and beneficial for the coin. The addition of MNs means that the benefit of each 2500 BITG is exactly the same. It requires 2500 BITG to have a "miner" and the majority of the block reward goes to the holders of a "miner". Masternode holders contribute to the appreciation of network value by increasing scarcity. Therefore, the masternode holders, who are contributing the most to the appreciation of network value, receive the largest portion of the benefits of inflation.

Bitcoin Green is on a mission. We are here to spread awareness about the environmental threat posed by proof-of-work and Bitcoin. Nobody else is focusing on this problem, but it's a very important topic. We will be traveling to blockchain conferences to spread awareness about this issue and truly begin the discussion about Bitcoin's energy consumption. With Bitcoin Green, we created a simple, scalable solution to Bitcoin's sustainability problem and it works. We saw a problem with Bitcoin and proof-of-work, and we know the world needs to begin to solve this problem one step at a time.
palog
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January 30, 2018, 07:03:05 AM
 #49

hi, how to mine on https://lpool.name/pool/BITG with nvidia?

I tried e.g. ccminer
ccminer-x64-2.2.1\ccminer-x64 -a quark -o stratum+tcp://quark.lpool.name:12023 -u address-p c=BITG

and stratum is not authorised, is the pool service enabled ?
herma
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January 30, 2018, 07:31:21 AM
 #50

ANNOUNCEMENT:

1. Stocks.Exchange listing fee has been paid and claims they can list within 24hr.
2. CryptoBridge listing fee has been paid and claims they can list on Wednesday.
3. Mnrank.com has been paid.
ducphucmmo
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January 30, 2018, 07:41:33 AM
 #51

Hey im having trouble getting m wallet to sync any addnodes?
herma
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January 30, 2018, 07:53:45 AM
 #52

Hey im having trouble getting m wallet to sync any addnodes?

addnode=134.255.232.212
addnode=207.148.26.77
addnode=207.148.19.239
addnode=108.61.103.123
addnode=185.239.238.89
addnode=185.239.238.92
mrhuddles
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January 30, 2018, 07:54:58 AM
 #53

Refreshing to find a project that serves a purpose.

There's not enough discussion on the topic of Bitcoin's energy consumption.

The Whitepaper makes a very clear argument, for anyone who's interested. https://www.savebitcoin.io/
greenfomo
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January 30, 2018, 08:07:57 AM
 #54

is there any official guide on how to mine this? on the off-chance this isn't vaporware, i'd like to give it a try.

Dread Pirate Roberts
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January 30, 2018, 08:21:54 AM
 #55

how do i get 2500 btgreen ? i just started . and i look into setup guide . its show me require 2500 btcoin green
astev
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January 30, 2018, 08:43:18 AM
 #56

what's the current supply/100% premine  Smiley
herma
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January 30, 2018, 08:44:42 AM
 #57

is there any official guide on how to mine this? on the off-chance this isn't vaporware, i'd like to give it a try.


This coin has no POW
how do i get 2500 btgreen ? i just started . and i look into setup guide . its show me require 2500 btcoin green

Waiting ,. you can buy BITG on exchange for 24 hours

1. Stocks.Exchange listing fee has been paid and claims they can list within 24hr.
2. CryptoBridge listing fee has been paid and claims they can list on Wednesday.
3. Mnrank.com has been paid.
Sentti
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January 30, 2018, 08:46:25 AM
 #58

As Herma mentioned above, the Stock.Exchange and CryptoBridge listings are almost here. If you are interested to be a part of Green Crypto Revolution, be ready, and check out more information here:

https://www.savebitcoin.io/
https://twitter.com/btc_green

Dread Pirate Roberts
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January 30, 2018, 08:52:41 AM
 #59

is there any official guide on how to mine this? on the off-chance this isn't vaporware, i'd like to give it a try.


This coin has no POW
how do i get 2500 btgreen ? i just started . and i look into setup guide . its show me require 2500 btcoin green

Waiting ,. you can buy BITG on exchange for 24 hours

1. Stocks.Exchange listing fee has been paid and claims they can list within 24hr.
2. CryptoBridge listing fee has been paid and claims they can list on Wednesday.
3. Mnrank.com has been paid.

oh il wait that . so how people mine that coin for now ? i see in block explorer new coin its generated.
leevox
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January 30, 2018, 09:15:18 AM
 #60

The Discord channel has been reopened to the public!

https://discord.gg/eeJethG

other POS coins are also energy efficient/scalable/high MN rewards, what's unique about this coin?

This is a great question. What makes BITG unique is the design and the mission.

First, there's the coin design. Bitcoin Green is pure POS (energy efficient) with a fixed block reward. A fixed block reward creates a more fairly distributed coin than other POS methods, which typically end up compounding disproportionately (most %-based block reward coins). Adding Masternodes makes the mining process even more equitable and beneficial for the coin. The addition of MNs means that the benefit of each 2500 BITG is exactly the same. It requires 2500 BITG to have a "miner" and the majority of the block reward goes to the holders of a "miner". Masternode holders contribute to the appreciation of network value by increasing scarcity. Therefore, the masternode holders, who are contributing the most to the appreciation of network value, receive the largest portion of the benefits of inflation.

Bitcoin Green is on a mission. We are here to spread awareness about the environmental threat posed by proof-of-work and Bitcoin. Nobody else is focusing on this problem, but it's a very important topic. We will be traveling to blockchain conferences to spread awareness about this issue and truly begin the discussion about Bitcoin's energy consumption. With Bitcoin Green, we created a simple, scalable solution to Bitcoin's sustainability problem and it works. We saw a problem with Bitcoin and proof-of-work, and we know the world needs to begin to solve this problem one step at a time.

Ok, will be following the coin in the discord channel, thanks
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