[ANN][ICO] Bither Platform: 3-layer, MultiMining & Optimizing Energy Consumption

[bitherplatform]

What is the difference between trusted Masternodes in Bither Platform with mining pools?

it is true that 10 percent of total mining rewards in Bither Platform goes to masternodes, but it must be noted that no hashing power is dedicated to miners by masternodes.

Masternodes are responsible for supervising and doing specific computing which is automatic and smart and will distinguish Bither Platform from other blockchains.

[Denreal]

As regards one of your 10 key features on your Bither platform, I saw a very important point, which I would like to ask from you.
It's the 8th feature, which is on prevention of fraud during ICO.
How do you intend to help out on that?
Does it mean you want to help other ICOs to prevent fraud?
Or you want to protect the interest of investors from fraudulent ICOs?
Kindly explain, thanks.

[bitherplatform]

As regards one of your 10 key features on your Bither platform, I saw a very important point, which I would like to ask from you.
It's the 8th feature, which is on prevention of fraud during ICO.
How do you intend to help out on that?
Does it mean you want to help other ICOs to prevent fraud?
Or you want to protect the interest of investors from fraudulent ICOs?
Kindly explain, thanks.

Thank you for your interest in the Bither Platform project.
There are two ways to implement an ICO in the Bither platform. Like projects such as Ethereum, NXT etc, Bither also provides the possibility of creating any subchain. However, in the standards visible in the exploration of the Bither platform, these projects are shown with the color yellow. The solution put forward by Bither is to define ICOs by the color green and placing them among standard projects. ICOs that are categorized by this color, are ICOs in which the main team has based the project plan on smart contracts (in the modular model) and this project plan is not editable. Obviously, no project can have two different project plans. People who are interested in the project can check the validity of the project plan that has been based on smart contracts, by comparing it with the project plan presented in the project’s website or its official portals. In the event that the developing team finishes one stage of the project, this process is confirmed by the token holders’ vote, a percentage of the raised funds (that have been stated for each stage by the core team at the time of pre-sale) will be released to be used for implementation and progression of the next phase. In case of a pre-stated period (for example two months ago at the time of pre-sale with contributors’ knowledge) passing from the time of completing a stage and not sending the trigger (for finishing that stage) by the developing team, a vote will be taken to automatically refund the investors. Also, in cases that the completion of a phase is not confirmed at every stage by token holders, voting for refunds will be activated.

[bitherplatform]

What project are expected join to Bither platform and why?

The network of the Bither Platform is very suitable for any project needs a new blockchain technology with three-layered structure and is capable to run smart contract codes. On the other hand, we anticipate a good persuasion of miners because of the multi-mining, hashing power leasing and the specific capabilities of Bither Platform network.
The scientific and research projects that need a large scale computing power, can acquire this power from Bither Platform network very easily.

[bitherplatform]

How much is the soft-cap and hard-cap of the project?

The project soft-cap is to distribute 20 million BTR that the network can be launched with the raised supported funds. The main team considered different matters for their costs. The soft-cap is the minimum cost according to the white-paper. Thus, the quality and time are two substantial factors, not only for software codes and administrative operations but also are very critical for marketing and the five-year plan. Consequently, the project will be operational with the minimum funds that have been raised.
According to the plan and future programs, the Bither team prefers to reach the hard-cap for the project and believe the project has the potentials to reach it.

The hard-cap of the project is to distribute 47 million BTR tokens. Definitely, that is included the share for Bither team and the share for marketing.

[Huiruis]

             

   
   
     
     
   


                              

Could you please explain in more details about Bither Stock and rental processor?

[bitherplatform]

Bither has very potentials.Best of luck for your project.

Thanks for your feedback.
With the help of community, We hope to help the adoption of Bither platform around the world. Our main goal is to use Bither Platform’s features and make it a practical Blockchain-based solution for people’s everyday life.

[bitherplatform]

How many tokens are considered for your team members?

Only 5 percent of total supply is considered for software and commercial development of Bither Platform team. Obviously, this 5 percent will not be distributed rather simultaneously according to a five-year obligation of Bither team for developing the network. Therefore, the distribution Will be conducted in ten six-months intervals.

[bitherplatform]

             

   
   
     
     
   


                              

Could you please explain in more details about Bither Stock and rental processor?

The “Bither Stock” network is an internal network on the second layer. Shortly after the setup of the main network, the developer team will set up the Bither Stock network on its basis. The aim of Bither Stock is to create a system based on blockchains, in the form of a blockchain holding-company and in order to provide the possibility of leasing a part of the hashing power of the network.

 This internal network has a fixed number of coins, all of which will be released at the beginning of its operation. For example, for projects that need a larger amount of computing power in a given period but do not have the possibility to obtain and keep supercomputers, Bither Stock can be a good choice. The initial contributors play an undeniable role in the development of the Bither network. With their support and trust in the technical team, they allow the network to grow and mature. As a reward, a quarter of Bither stock tokens will be dedicated to them.

The owners of Bither Stock are shareholders in leasing hashing power (based on the second layer), which will have a lifetime fixed income on a weekly basis. These transactions take place using “Rental Processor” that is a token on the third layer of Bither. It is considered as the network currency for internal transactions toward leasing hashing power. The price of hashing power in the Bither Stock network will be depending on supply and demand, and a 2% commission will be taken for each transaction. This amount will be saved at a fixed address that can be checked by everyone and the total received commission will be distributed among shareholders (according to the ratio of their share to the total one hundred million tokens). This distribution will be done on a weekly basis with Rental Processor as the currency (a minimum will be defined).

[bitherplatform]

I would like to join your bounty.Do you have bounty?

We specified several incentivizing programs for Bither platform which are as follow:
1.registring on bither.one and trying your chance of getting up to 25 Bither in every two hours
2. Referral program in which you receive equal to 25% bonus of your referrals rewards in free Bither faucet.
3. The ICO’s referral program:
Receiving 6% of purchased BSKs and BRPs
4. The ambassador’s program:
If you find yourself qualified for this role, you can register at bitherplatform.world and receive its rewards.

[bitherplatform]

What is your program after the capital gained from the ico?

The total supply of Bither coins is 200 Million which 76.5 percent of that will be mined gradually for 25 years. 5 percent is reserved for team and project development, 15 percent for pre-sale and the rest 3.5 percent is for marketing.

For being non-monopoly of the platform, the Bither team decided to pre-sale only 15 percent of total coins and the major part considered to be mined. This 15 percent in the ICO is to accelerate the project to its goals and to achieve its programs for community development and also to grow up more technical features.

[Suyhdfg]

There were many projects used blockchain technology until now, why we need a new blockchain like Bither Platform?

[TheLoser]

Your platform will specialize in mining coins . What is the demand for miners in your platform and in which countries , except Georgia, you plan to launch the platform .

[bitherplatform]

Who are the competitor of Bither platform?

Since the Bither Platform provides a unique blockchain-based and new network, there is no similar protocol like Bither now

[Lunaluk]

Bither platform, for more than two years, shows excellent results! I think The bither coins will be valuable, as this technological project is able to make changes in the blockchain technology!

[bitherplatform]

There were many projects used blockchain technology until now, why we need a new blockchain like Bither Platform?

In compare with Ethereum and similar networks that have a two-layered solution, Bither provides a three-layered solution for the first time that will be a significant help for resolution and leveling to projects and startups.
Thus, a project can operate an independent network on the second layer according to its needs and can have different tokens towards its usage in the third layer.

On the other hand, some projects launched on networks with smart contracts capability will bring a heavy load to the main network. In Bither Platform protocol, due to summarizing the side-chains transactions, no extra load from sub-chains are put into the main network. As a result, there is no way to define spam network.
 
And also Bither Platform network will use an innovative technique to lease about 85 percent of input hashing power to profitable scientific and research projects. In addition, the miners can also use this multi-mining feature of the network to earn more profits.
 
We recommend the text of top-10 and the correspondent video in the video section of the website to whom are interested deeply for special features of Bither Platform.

[bitherplatform]

Your platform will specialize in mining coins . What is the demand for miners in your platform and in which countries , except Georgia, you plan to launch the platform .

As you mentioned, Bither is a mineable project with following criteria:
-Multi-Mining capability (Mine all the coins of the network).
-Miners can lease their extra hashing power in the third layer with the Rental Processor Tokens which is a good source of income in downtrends, This will help miners to have a continual profit.
- According to usefulness of the project for the scientific and research projects, it would be much easier to get the possible required permissions and licenses.
After all, Bither is an international and decentralized project that everyone can help in development and increasing the computing power in the project.

[bitherplatform]

Bither platform, for more than two years, shows excellent results! I think The bither coins will be valuable, as this technological project is able to make changes in the blockchain technology!

Rest assured that the team members are obligated to prepare all the required infrastructures of Bither Platform to become worthwhile and to be in the correct place.

[bitherplatform]

How much of the bither’s tokens distribute on ICO?

The total supply of Bither coins is 200 Million which 76.5 percent of that will be mined gradually for 25 years. 5 percent is reserved for team and project development, 15 percent for pre-sale and the rest 3.5 percent is for marketing.

For being non-monopoly of the platform, the Bither team decided to pre-sale only 15 percent of total coins and the major part considered to be mined. This 15 percent in the ICO is to accelerate the project to its goals and to achieve its programs for community development and also to grow up more technical features.

[bitherplatform]

How many percentage and what period of time do you plan to get reach up in market?

There is a long term vision for expanding and developing Bither Platform network. The goal through a five-year plan is to absorb a large area of activists, startups, and projects to strong infrastructures of Bither Platform network via expanding the community and growing it up continually.
The capabilities of Bither Platform network and technical aspects of it can make this network to place its coin in top-5 coins in volume and market cap after the main network has been launched.
It is very important to Bither Platform network to be absorbed by lots of people and projects that guarantees the growth, persistence and full independence of the network; Therefore, training, marketing and continual developing are much insisted.