[ANN] [IBH] [iBitHub] Scrypt Algorithm Gaming Blockchain [PoW]

[iBitHub]

  iBitHub [IBH]
 www.iBitHub.com

  Like & Share  
https://www.facebook.com/IBITHUB/videos/300106647566749/
Help IBH Grow

Exchange Listings

IBH/BTC
https://raisex.io/trade/IBH_BTC


 Source Code

   License

iBitHub is released under the terms of the MIT license. See [LICENSE](LICENSE) for more
information or see https://opensource.org/licenses/MIT.

  Development Process

The `master` branch is regularly built and tested, but is not guaranteed to be
completely stable. [GitHub](https://github.com/ibithub/ibithub)



  Testing

Testing and code review is the bottleneck for development; we get more pull requests than we can review and test on short notice. Please be patient and remember this is a security-critical project where any mistake might cost people lots of money.

  Specifications
Specification | Value
--- | ---
Protocol | PoW (proof of Work)
Algorithms | scrypt
Blocktime | 5 Minutes
Difficulty Retarget every 288 Blocks
Total Supply | 21,000,000 IBH
RPC port | 2333
P2P port | 2333
pre-mine | N/A
ICO | N/A

  Blockrewards
Block Number | Reward

0 to 210,000 | 10,500,000 coins
210,000 to 420,000 | 5,250,000 coins
420,000 to 630,000 | 2,625,000 coins
630,000 to 840,000 | 1,312,500 coins
840,000 to 1,050,000 | 656,250 coins
1,050,000 to 1,260,000 | 328,125 coins
1,260,000 to 1,470,000 | 164,062 coins
1,470,000 to 1,680,000 | 82,031 coins
1,680,000 to 1,890,000 | 41,015 coins
1,890,000 to 2,310,000 | 20,507 coins
2,310,000  to 2,520,000 | 10,253 coins
2,520,000 to 2,730,000 | 5,126 coins
2,730,000 to 2,940,000 | 2,563 coins
2,940,000 to 3,150,000 | 1,281 coins
3,150,000 to 3,360,000 | 640 coins
3,360,000 to 3,570,000 | 320 coins
3,570,000  to 3,780,000 | 160 coins
3,780,000 to 3,780,000 | 80 coins
3,780,000 to 3,990,000 | 40 coins

 Resources


* [Exchange](https://satoshishift.com/trading/ibhbtc)
* [Exchange](www.Raisex.io)
* [Mining Pool](https://smithpool.net)
SCRYPT Asic Miners - No Account Needed
SET URL: stratum+tcp://smithpool.dynu.net:33433
SET WORKER: INSERT-YOUR-IBH-ADDRESS
SET PASSWORD: IBH

* [Mining Pool](https://thetechnicalspool.com/)
* [Mining Pool](http://ibithub.com/pool/default.php)
* [White Paper](https://docs.wixstatic.com/ugd/08915d_c3beeb41435949099d2bd4a30340a3cc.pdf)
*[Block Explorer] (http://explorer.ibithub.com:12555/)
  Community

* [BitcoinTalk](https://bitcointalk.org/index.php?topic=4961073)
* [Discord](https://discord.gg/KfS3FSf)
* [Facebook](https://www.facebook.com/IBITHUB/)
* [Reddit](https://www.reddit.com/user/iBitHub)
* [Twitter](https://twitter.com/goplayonline)
  Wallets

Binary (pre-compiled) wallets are available on all platforms at [https:/ibithub.com](https://www.ibithub.com/).

> **Note:** **Important!** Only download pre-compiled wallets from the official iBitHub website or official Github repos.



  Donations

We believe in keeping iBitHub free and open. Any donations to help fuel the development effort are greatly appreciated! :smile:

* Address for donations in iBitHub (IBH): `iNj1PseWjpLQ6Ye34X5z5NroDtiLpqKw98`
* Address for donations in Bitcoin (BTC): `1Cu2HNPGo3fZquDzuwsNLPbAMiP8aKHJ8E`

  Special Shout Outs

Special thanks to the following people that have helped make iBitHub possible.




  _Please do not report security vulnerabilities publicly._


  How to report a bug

  Code issues

Since we are a 100% open-source project we strongly prefer if you create a pull-request on Github in the proper repository with the necessary fix.

Alternatively, If you would like to make a suggestion regarding a potential fix please send an email to admin@ibithub.com


  Security-related issues

Contact the developers privately by sending an e-mail to admin@ibithub.com with the details of the issue. Do not post the issue on github or anywhere else until the issue has been resolved.

[1576021250]

1576021250

[ifad]

So, can you explain the objectives of this coin ?

[iBitHub]

It is a new project, where we are still developing the Block explorer and Mining pool.
It is still early in the process, where use cases will be implemented depending on what the community wants. Ever wish you got into Bitcoin earlier? This is an opportunity to get in early on a real blockchain, not a token built off another blockchain.

Join the new community we are building and get yourself some coins today with our built-in cpu miner in the wallet.

We are working with Wyoming Legislation bills:

HB 19: The “Virtual Currency Exemption” exempts cryptocurrency from the Wyoming Money Transmitter Act, which regulates the licensure of professionals and businesses involved with electronic money transfers or transmittals. A 2015 interpretation of the existing law made the cost of exchanging cryptocurrency in the state skyrocket, forcing exchanges like Coinbase to suspend operations in the state. The enactment of HB 19 will permit exchanges to resume operations in the state.

HB 70: The “Utility Token Bill” tackles the ambiguity surrounding the definition of a “utility token” by exempting them from the state’s securities regulations, so long as they satisfy three requirements:

Issuers do not market them as investments.
They are currently redeemable for a product or service (this would imply that the tokens are issued in connection with an operational product or service).
Issuers do not actively support the development of a secondary market for such tokens.
This framework provides blockchain startups with greater clarity on how to structure ICOs and token generation events (TGEs) so as to avoid being deemed unregistered securities offerings in the state of Wyoming. (Note: issuers must still comply with federal securities regulations on sales and trading.)

SF 111: The “Crypto Property Tax Exemption Bill” provides that virtual currency is not subject to taxation as “property” in Wyoming. Under the state’s prior regulatory framework, conventional financial assets such as cash, bank balances and precious metals are exempt from property tax requirements. SF 111 amends the law to include virtual currency on the list of property exempt from property taxes in the state.

HB 101: The “Blockchain Fillings Bill” updates the Wyoming Business Corporations Act to authorize the creation and use of blockchain technology for (i) the purpose of storing records, (ii) the use of a network address to identify a corporation’s shareholder, and (iii) the acceptance of shareholder votes signed by network signatures. HB 101 signals to blockchain developers that the state not only invites them to build their business within its borders, but that it also embraces the technology by incorporating it into its own administrative offices. Delaware has enacted similar amendments to its corporate code.

HB 126: The “Series LLC Bill” amends the Wyoming Business Corporations Act to permit  the creation of “series LLCs.” Series LLCs are an entity structure that enables issuers to establish a compartmentalized series of members and managers holding distinct assets and providing for segregated distributions to members.

[ruplikminer]

Your website looks like a 1999 website! LOL

[ruplikminer]

$100 to be a member?? LOL WTF??

Also your wallet is very suspicious. Virus total identify it as a virus. Way more than "normal" miners viruses. Fishy...

[Nippler]

Just for your information, your retargeting doesn`t work out...
blocktime goal: 5 min
right now I checked it: 12 sec

 

[iBitHub]

Being a Member is totally optional. That is like supporting the cause. The site was really just thrown together, where we were focusing on building a real blockchain. Downloading the wallet and mining is free.

-As stated above, it takes 288 blocks to adjust difficulty. So if you join the network hashpower, it will take less than a day to adjust the difficulty for your hashpower, but you are able to snag some blocks up for the first 288 blocks.

Can someone send me their recieving address? I will gift some coins! Lets do a speed test.

[Grumo]

Being a Member is totally optional. That is like supporting the cause. The site was really just thrown together, where we were focusing on building a real blockchain. Downloading the wallet and mining is free.

-As stated above, it takes 288 blocks to adjust difficulty. So if you join the network hashpower, it will take less than a day to adjust the difficulty for your hashpower, but you are able to snag some blocks up for the first 288 blocks.

Can someone send me their recieving address? I will gift some coins! Lets do a speed test.

iKd5BH8vyay9u5TGhYAm3RRrpPg6ZgMTkf

[iBitHub]

sent at Date: 8/26/2018 23:16

[crazyer1976]

I understand correctly that you just launched this coin in order to gain experience in programming in the blockchain? And there will be no serious work on the project in the future? After all, there is no point now to create another of the many coins on the script algorithm? Or am I wrong?

[tommy2gunns]

I understand correctly that you just launched this coin in order to gain experience in programming in the blockchain? And there will be no serious work on the project in the future? After all, there is no point now to create another of the many coins on the script algorithm? Or am I wrong?

Just wondering, why script wouldn't be a good algorithm to build from?

[iBitHub]

Incorrect. We are developing iBitHub to compete with the rest of the coins. Having several coins on Scrypt is a good thing, since there is already mining hardware, that will help with the other difficulties on the other Scrypt coins aswell.  

[tommy2gunns]

Incorrect. We are developing iBitHub to compete with the rest of the coins. Having several coins on Scrypt is a good thing, since there is already mining hardware, that will help with the other difficulties on the other Scrypt coins aswell.  

very true. it also gives me alternative use for the L3 

i see the hash rate is much higher tonight, did someone set up a pool already? 

[sheba]

what's the innovation here?

[iBitHub]

One of the keys for being successful is being able to come up with new ideas to keep operations, products and services fresh. The process of bringing those ideas to reality is important. Majority of business professionals will agree that innovation is critical to their success. As being a young project, we know we have a long road ahead of us. We will strive to be the best. We hope to build a community that can help push us to be along the company with some of the other great cryptocurrencies in the crypto space.

[ruplikminer]

Please add a DISCORD and TELEGRAM channel

[kafkaibnu]

Being a Member is totally optional. That is like supporting the cause. The site was really just thrown together, where we were focusing on building a real blockchain. Downloading the wallet and mining is free.

-As stated above, it takes 288 blocks to adjust difficulty. So if you join the network hashpower, it will take less than a day to adjust the difficulty for your hashpower, but you are able to snag some blocks up for the first 288 blocks.

Can someone send me their recieving address? I will gift some coins! Lets do a speed test.

iERz3eKn33wyHPGkWTFKWJmdbpF3w5KHBL

[NetFreak199]

all of this seems simply than something frivolous. firstly, the membership price is too expensive, and secondly, the website is designed very cheaply. of course, if it's genius, then beauty doesn't matter. but still it does not attract.

[tommy2gunns]

all of this seems simply than something frivolous. firstly, the membership price is too expensive, and secondly, the website is designed very cheaply. of course, if it's genius, then beauty doesn't matter. but still it does not attract.

The price has been explained, it is free to join. That will be edited, and changed.
This blockchain is in the developmental days, and is just starting.
What you are seeing is not necessarily the final display. They are just wanting to share the blockchain and have it go live in premining to get the gears rolling.

[bad name]

where pool