[ANN] Bitcoin sCrypt | BTCs is BACK!

[FocRU]

iMine Pools - Enjoy mining
1% Fee | Prop Payout | Dedicated Servers | Multi Backups

btc2.imine.at

http://i.snag.gy/dQKcO.jpg

We just found our first block! Come and join us miner  

If someone looking for open pool since http://btc2.cryptominer.net/ is closed for new miners this one is open and works great.

It needs changes in automatic payout threshold and it tax.

I think that only crashing of btc2.cryptominer.net is stopping the progress. We need more stable pools!

[1713551281]

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[1713551281]

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[Glandoux]

How can it go from 16 to 1k diff in one hour lol.  Happy I start mining 24 hours ago.

[thatguy3]

WTF with this coin

Someone can explain me? 

http://theotherbitcoin.com/

A VTC copy?

This coin came out 3 months before Dogecoin, and several months before the great altcoin expansion.

It's now at $0.50-0.60/coin.
$2.7 million market cap.
Up ~185% in the last 24hrs.

Crazy!

[scvetic]

How can it go from 16 to 1k diff in one hour lol.  Happy I start mining 24 hours ago.

yeah something definitely is wrong with difficult.

[se1111da]

How can it go from 16 to 1k diff in one hour lol.  Happy I start mining 24 hours ago.

yeah something definitely is wrong with difficult.

Difficulty re-targets nTargetTimespan = 120 / nTargetSpacing = 120 / nInterval = nTargetTimespan / nTargetSpacing

[expertiz]

wrong?

[thatguy3]

There are ASICs for sCrypt coming soon. Has Bitcoin-2 defense against them?
I see the only decision in ASICs problem - integrate dependency of time for generating coin. If there will be no difference between generating 1 coin on quick ASIC and slow CPU because of needed the same time - then it would be meaningless ASIC invention in principle.

Yes, the dev said it would change the algo if and when scrypt ASICs hit.

With ASICs coming around the corner, would it be a good idea to buy and hold this coin until then?
Especially since this coin is one spot away from passing Vertcoin's market cap?

[tgeu]

Pliss send some btcs 1E9uDPsEJ5PeDQiLXZ8FeQJXHuDkoWmyHa.

[kache]

There are ASICs for sCrypt coming soon. Has Bitcoin-2 defense against them?
I see the only decision in ASICs problem - integrate dependency of time for generating coin. If there will be no difference between generating 1 coin on quick ASIC and slow CPU because of needed the same time - then it would be meaningless ASIC invention in principle.

Yes, the dev said it would change the algo if and when scrypt ASICs hit.

Then tell him to do it, because Gridseeds are been sold like candies, and have been for months already...

[CoinCartel]

Had to set up CryptoRush account just so I could get my hands on some BTCS before the MintPal explosion occurs in a few hours.
$1.50 by the end of the day.
Hopefully I'm wrong. Hopefully it's more like $2.
Should be an interesting 48 hours.

[bitcoinm3ster]

interested ideia but its one more coin mby? nothing new about it except its a copy cat name ?

[solid12345]

Someone was saying because the Diff is so high he doubts we will see any mass dumping on Mintpal but people holding onto their coins as if it were a real Bitcoin or Litecoin.

[MaGNeT]

interested ideia but its one more coin mby? nothing new about it except its a copy cat name ?

The difficulty never got above 1 for the first 80000 blocks. couple ppl gettin mighty rich off this coin

That's not correct, check the blockexplorer.

http://blocks.btc2.pw/chain/Bitcoin%20sCrypt?count=50&hi=25000

And since september 2013, everyone was able to mine this coin. If you didn't, well... you didn't...

[cudjex]

a few people is getting rich... no innovation or no creative things... only a pump and huge dump... i am sorry fot lately investors.

[TrollboxChamp]

Proven wrong. I deleted my post. My apologies

[MaGNeT]

a few people is getting rich... no innovation or no creative things... only a pump and huge dump... i am sorry fot lately investors.

Before you post

http://theotherbitcoin.com/democratizing-development-roadmap-decentralizing-bitcoin-scrypt-development

Decentralized Development – We now embark upon the final phase of our Decentralization Project by incorporating the third leg of the decentralization stool:  “decentralized development.”  By utilizing a decentralized proof-of-stake voting system we empower Bitcoin sCrypt stakeholders by democratizing development through Vanity Voting.  With that, below please find our proposed roadmap to decentralize development.

 

Decentralizing Development through Democratization

I have developed a proposed plan-of-action to transition Bitcoin sCrypt from a developer-driven project to a community-driven project.  I present this plan to the community for your feedback before we put this plan into action.

Proposed Roadmap

Housekeeping Votes
Vote on whether to keep current logo or hold logo contest
Vote on whether to keep current AppData directory or revert back to old directory
Vote on official currency code (i.e., BTCS, BTC, BTX, etc…)
Logo Contest Vote (if community desires, as per item 1.A)
Creation of Guiding Counsel or Foundation for Bitcoin sCrypt
Vote as to whether to create in first place
Vote as to formation or operating rules (i.e., top-down model? Anarchist-model?  None at all? Supermajority to implement/change?, etc…)
Vote on rules re voting
Elections for positions on guiding counsel /foundation
Direct votes on the incorporation of certain technical features to the client and/or protocol.
Vote on whether to change mining algo once scrypt asic miners enter scene en masse
Vote on whether to incorporate Zerocoin anonymity features once/if it’s released
Vote on whether to change the difficulty retarget algo to make it less volatile and/or more profit-pool switching resistant.
Votes on the inclusion of other features as they arise.
A few notes:

I wanted to begin with the housekeeping votes because I want the community to have a say in the issues that I unilaterally changed when I developed v.1.2.0.0.  The community should decide all development features, even those in the past.
The order for the remaining items will be up to the community, as my list is simply a proposal.
Certain votes, such as rules for formation/operation of foundation/counsel could be set up to require a super-majority (e.g., 60%, 66%, 75%) to change or implement.
As the Vanity Voting process grows, we are willing to add or change proposed voting items and would even consider meta-votes (e.g., votes on what to vote for next) if that’s what the community wants.
Votes could occur once every two-weeks, with votes announced on a Monday.  Voting deadlines could be scheduled for Fridays, with run-offs, if any, occurring on Sunday.
Again, like all things Bitcoin sCrypt, we want this to be a community-driven effort and we look forward to all of your feedback, comments and concerns regarding our plan to be the first cryptographic currency to decentralize development through democratization.

We would like to spend a couple of weeks fine-tuning this plan with the community before the actual voting process and we look forward to your thoughts.

 

Detailed explanation of Vanity Voting can be found here.

Instructions for Vanity Voting can be found here.

Vanity Voting Proof-of-Concept Example Referendum can be found here.

Vanity Voting Vote-Explorer can be found here.

 

*Special thanks to Artiface for developing the Voting block explorer.

[TrollboxChamp]

i guess i will start mining. make me some profits  

[suukool]

Oh man, I can't wait to finally see this coin flourish I hate dealing with cryptorush's shitty webservers. Always crashing. T.T

[chisefu]

We just launched a bitcoin scrypt MPOS pool, but will need massive hash to crack some blocks. 

Pool details:

btc2.chickenstrips.net
1% fee, .0001 AP/MP fees

[solid12345]

Look at the crash on Rush in positive terms, it shows there is some serious demand for the coin and may not  be just another P&D scheme.