[ANN] [MARKS] Incentivize Content Creators & Build a Reputation Value Framework

[alexandermr091]

This one seems actually quite interesting. Will be mining this on release.

[1714940709]

1714940709

[1714940709]

1714940709

[1714940709]

1714940709

[nonux31]

When will you rename the coin on poloniex ?

[dbkeys]

When will you rename the coin on poloniex ?

Bitmark will still be called "Bitmark", but we are changing the ticker symbol to MARKS (from the old BTM).   Cryptopia.co.nz already has us actively trading and listed as MARKS.  Poloniex has been advised that we wish to use the MARKS ticker symbol and they will be changing from BTM to MARKS, but they replied that the change is not trivial and may take a while. Fortunately, at Poloniex there is no confusion as there is no other coin there which uses BTM.

[calvinwch]

can this pool mine to exchange?

--- SMILING MINING POOL ---

Hello Miners,
You can try our pool for Bitmark

http://www.smilingmining.com/

Server location in Germany
Fee is 1%

CONNECTION

Code:

URL/HOST:stratum+tcp://smilingmining.com:3433
USERNAME:<BITMARK_WALLET_ADDRESS>
PASSWORD:c=MARKS

FOR NICEHASH

Code:

STRATUM HOSTNAME OR IP:smilingmining.com
PORT:3433
USERNAME:<BITMARK_WALLET_ADDRESS>
PASSWORD:c=MARKS,d=524288

You can add as node too

Code:

addnode=smilingmining.com

[iso2000]

can this pool mine to exchange?

--- SMILING MINING POOL ---

Hello Miners,
You can try our pool for Bitmark

http://www.smilingmining.com/

Server location in Germany
Fee is 1%

CONNECTION

Code:

URL/HOST:stratum+tcp://smilingmining.com:3433
USERNAME:<BITMARK_WALLET_ADDRESS>
PASSWORD:c=MARKS

FOR NICEHASH

Code:

STRATUM HOSTNAME OR IP:smilingmining.com
PORT:3433
USERNAME:<BITMARK_WALLET_ADDRESS>
PASSWORD:c=MARKS,d=524288

You can add as node too

Code:

addnode=smilingmining.com

Currently we mine and payout only the coin you choose. Autoexchange is disabled.

If your question is can you use market exchange wallet - yes, but only if your wallet address does not expire in time.

[dbkeys]

We like Bitmark and we are prepared to support most algorithms.
Our team is waiting for v0.9.7.

Thank for your support !  We appreciate it.

We will be putting together a brief guide on mining all the algos for Bitmark, but if you help, let us know.

db.keys

[Henry VII]

If i donate to BTM team 50,000 USD what u gonna do with it?

[Nicholasa]

projects with ideas or ideas that will be needed in the future because it will facilitate the activities of someone later, for the sale of coins I think there is no problem and quite interesting because the price of coins offered is not too expensive, what is the target price of coins when listing on the exchange?
egretia

[dbkeys]

If i donate to BTM team 50,000 USD what u gonna do with it?

My opinion would be to accelerate development of marking applications, improve online presence and social media outreach, as well as continue to modernize and improve the core software. 

Naturally, someone with such a generous donation would have a big voice in how these funds were spent.

[pedrocoin]

Any news with the fork and new bitmark core 0.9.7?

[82ndabnmedic]

We like Bitmark and we are prepared to support most algorithms.
Our team is waiting for v0.9.7.

Awesome...thanks for the support

[82ndabnmedic]

If i donate to BTM team 50,000 USD what u gonna do with it?

My opinion would be to accelerate development of marking applications, improve online presence and social media outreach, as well as continue to modernize and improve the core software. 

Naturally, someone with such a generous donation would have a big voice in how these funds were spent.

Additionally,

• we would seek to standardize our processes
• Establish documentation &  wiki's, find talent to develop marketing content, secure marketing for the year
• Find talent to develop marketing content
• Design deliverables / time-lines, and content surrounding the management of the project
• Broaden our reach, expand on our implementations
• Secure at minimum 1 new platform to implement Marking
• Secure marketing for the year

transparency would be key...and as DBKeys stated stakeholder input would be taken into consideration

[82ndabnmedic]

projects with ideas or ideas that will be needed in the future because it will facilitate the activities of someone later, for the sale of coins I think there is no problem and quite interesting because the price of coins offered is not too expensive, what is the target price of coins when listing on the exchange?
egretia

looking at our history highs...I think 50K SAT is well within reason, and will be reached.

price there after would likely need to be re-established as higher prices become the norm.

Personally think we are way undervalued, but for obvious reasons...once development is stable and Marking is implemented, previous ATH above .001 are will within reach

(this is not advice....just my take on the projects )

[yapool]

projects with ideas or ideas that will be needed in the future because it will facilitate the activities of someone later, for the sale of coins I think there is no problem and quite interesting because the price of coins offered is not too expensive, what is the target price of coins when listing on the exchange?
egretia

looking at our history highs...I think 50K SAT is well within reason, and will be reached.

price there after would likely need to be re-established as higher prices become the norm.

Personally think we are way undervalued, but for obvious reasons...once development is stable and Marking is implemented, previous ATH above .001 are will within reach

(this is not advice....just my take on the projects )

I believe that in a long term, if the maximum coin supply remains the same as 27.58 million coins after the fork, Bitmark can reach well over 50K satoshis.

As a mining pool operator I always build the wallet nodes from the source and, looking into the Bitmark source code, I can tell Bitmark development is following good practices, is well documented and is alive. The developers are working every week on new source code commits on the new fork.

After the new fork resolves the issue with the high difficulty, the exchanges will be able to enable the wallets again and MARKS will be at the same level as much other coins available to trade. After that, when the first marking apps are implemented, Bitmark will become an useful tool and go far over 50K SAT.

I do not read tea cups or see the future but I do know people accept to pay well for something well done and useful. Bitmark is well done and will be useful.

[dbkeys]

Any news with the fork and new bitmark core 0.9.7?

We are working on implementation details of the Coin Emission Modulation algo. (We need to be sure that the new block subsidy policies are consistent across machine architectures.)

Once the fork code is finalized, we will post here and on the forums.  We will have pre-compiled binaries for Windows, MacOS and Linux (Ubuntu 16.04 and 14.04).

The fork will address the major issue which has been hindering the blockchain with Dark Gravity Wave v3 governing the mining difficulty factor.  

Once  v0.9.7's new operative rules are activated, (ie, the fork happens) then :

    1) Mining Difficulty will be regulated by Dark Gravity Wave v3

    2) Additional proof-of-work algorithms will be able to contribute blocks to the Bitmark blockchain (SHA256d, Argon2d, Lyra2REv2, Cryptonight, Equihash, X17 and Yescrypt). This means that miners will be able to mine Bitmark not only with Scrypt but with these additonal algos too, several of which are ASIC-resistant, thus democratizing the mining and putting a definitve end to  the selfish-mining situations we have had in the past.

   3) Bitmark v0.9.7 also introduces Coin Emission Modulation,  (CEM v0.1) which modulates up to 1/2 the mining subsidy (block reward) by reducing that half proportionately by the ratio of current hashrate to peak hashrate ( as experienced within the last year).  This is to reduce coin emission when demand is relatively low (as sensed by reduced hashrate) and only emit the epoch's full reward when hashrate is at its peak.
    Regardless of hashrate, 50% of the epoch's full block subsidy (1/2 of 15 MARKS or 7.5 MARKS currently) is always given, to reward loyal miners supporting the Bitmark blockchain through low and high demand periods.

The fork will happen when at least 75 of the last 100 blocks signal support for the fork.

We don't want to release any code before it is well tested. We hope this will be very soon, ( a matter of days or weeks at most) and you can see the coding progress with the regular contributions to our github's 0.9.7 branch.   When the code is vetted as ready, we will merge 0.9.7 into the the 'master' branch, compile binaries and announce the availability of Bitmark v0.9.7, and solicit the support of the mining community to adopt v0.9.7 and make the fork effective.

¡  Thanks for your patience and support  !

[Noolz39]

Any news with the fork and new bitmark core 0.9.7?

We are working on implementation details of the Coin Emission Modulation algo. (We need to be sure that the new block subsidy policies are consistent across machine architectures.)

Once the fork code is finalized, we will post here and on the forums.  We will have pre-compiled binaries for Windows, MacOS and Linux (Ubuntu 16.04 and 14.04).

The fork will address the major issue which has been hindering the blockchain with Dark Gravity Wave v3 governing the mining difficulty factor.  

Once  v0.9.7's new operative rules are activated, (ie, the fork happens) then :

    1) Mining Difficulty will be regulated by Dark Gravity Wave v3

    2) Additional proof-of-work algorithms will be able to contribute blocks to the Bitmark blockchain (SHA256d, Argon2d, Lyra2REv2, Cryptonight, Equihash, X17 and Yescrypt). This means that miners will be able to mine Bitmark not only with Scrypt but with these additonal algos too, several of which are ASIC-resistant, thus democratizing the mininig and putting a definitve end to  the selfish-mining situations we have had in the past.

   3) Bitmark v0.9.7 also introduces Coin Emission Modulation,  (CEM v0.1) which modulates up to 1/2 the mining subsidy (block reward) by reducing that half proportionately by the ratio of current hashrate to peak hashrate ( as experienced within the last year).  This is to reduce coin emission when demand is relatively low (as sensed by reduced hashrate) and only emit the epoch's full reward when hashrate is at its peak.
    Regardless of hashrate, 50% of the epoch's full block subsidy (1/2 of 15 MARKS or 7.5 MARKS currently) is always given, to reward loyal miners supporting the Bitmark blockchain through low and high demand periods.

The fork will happen when at least 75 of the last 100 blocks signal support for the fork.

We don't want to release any code before it is well tested. We hope this will be very soon, ( a matter of days or weeks at most) and you can see the coding progress with the regular contributions to our github's 0.9.7 branch.   When the code is vetted as ready, we will merge 0.9.7 into the the 'master' branch, compile binaries and announce the availability of Bitmark v0.9.7, and solicit the support of the mining community to adopt v0.9.7 and make the fork effective.

¡  Thanks for your patience and support  !

Great work! We're waiting next update.

[dbkeys]

Would naming it MARKS be a little confusing? Because currently BTM wallet on about to send some coins states that 1000 MARK is 1 BTM.

The original documentation of the project calls 0.001 of a bitmark 'marks', true.

Since we are adopting as our  new ticker symbols MARKS,   it makes sense to refer to whole coins as *marks* or *bitmarks*.  

We will update the documentation to reflect this, and deprecate the use of 'marks' for any subunits.  

For 1/1000 subunits, we can use  ' markbits ';  or we could get creative and call them ' markoshis ' or ' bitoshis ',    but,  in any case,   officialy "marks" should be reserved to mean only whole coins.

[Matiel]

will it be necessary to replace my old BTM with a new MARKS?
or will it not be necessary?

[Jhonlee]

When will you rename the coin on poloniex ?

Bitmark will still be called "Bitmark", but we are changing the ticker symbol to MARKS (from the old BTM).   Cryptopia.co.nz already has us actively trading and listed as MARKS.  Poloniex has been advised that we wish to use the MARKS ticker symbol and they will be changing from BTM to MARKS, but they replied that the change is not trivial and may take a while. Fortunately, at Poloniex there is no confusion as there is no other coin there which uses BTM.

Poloniex is always under maintenance (it will have worked 1 week in the last 12 months). It is very strange that CRYPTOPIA has VERY lower exchange rates than Poloniex, the current value of BITMARK is not truthful. In the real life is said to be an insider trading, in cryptocurrencies there are no laws or rules and this currency is proof of this.

[dbkeys]

will it be necessary to replace my old BTM with a new MARKS?
or will it not be necessary?

No, the blockchain is the same. It's just that on exchanges we will be using the ticker symbol MARKS instead of BTM.