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Author Topic: [New Token Ann] BitcoinCredit BTCC [Bitmxittzex Token]  (Read 212 times)
Bitmxittz (OP)
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April 04, 2019, 11:15:13 AM
 #1

BitcoinCredit BTCC




Specs

Token Name BitcoinCredit

Token Ticker BTCC

Token Type Bitmxittzex Virtual Token

Maximum Supply 210 000 Tokens

Current Supply 50 Tokens

Exchange https://bitmxittz.com/market/BTC-BTCC



Features

* BitcoinCredit is secure way to keep your BTC with us.

* BitcoinCredit  BTCC will give you complete anonymity for your BTC you hold and withdraw.

* BitcoinCredit BTCC can be purchased and traded at https://bitmxittz.com/market/BTC-BTCC.

* BitcoinCredit BTCC can be transfer within BitmxittzEx users via coupon.

* Bitcoincredit BTCC can be converted and withdraw to BTC address as BTC at 1:1 ratio.

* Bitcoincredit BTCC can be converted and withdraw to BTC address via request to BitmxittzEx support at 0.0005BTCC withdrawal fee.

* BTC will be reserved in cold storage against each BTCC purchased from BitmxittzEx.

* BTCC to BTC withdrawal process will happen manually by BitmxittzEx upon user request anytime.

* To withdraw BTCC to BTC you have to withdraw BTCC to coupon and send request to BitmxittzEx via support portal or support email.

* Once you withdrew your BTCC to coupon you can send BTCC to BTC withdraw request even without login to your account to support email support@bitmxittz.com.

* BTCC to BTC withdrawal process may take few minutes to few hours since BTC against BTCC stored in cold storage and it may take time to transfer to end BTC address.

* In future users may also have desktop/web/moble wallet for BTCC.

* In future BTCC may also added to other exchanges for trade.



https://bitmxittz.com/news

https://twitter.com/bitmxittz

https://discord.gg/ECxwbuC

https://t.me/bitmxittz

https://github.com/bitmxittz/BitcoinCredit

https://bitmxittz.mit-license.org/



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uralcryptocoin
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April 04, 2019, 11:58:14 AM
 #2

What will be the emission process of BTCC token?

BTC   Bitcoin: A Peer-to-Peer Electronic Cash System   BTC
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Bitmxittz (OP)
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April 04, 2019, 12:20:36 PM
Last edit: April 04, 2019, 12:34:04 PM by Bitmxittz
 #3

What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.

BTC off-chain transaction in depth explanation.
For example if you have 1BTC on BitmxittzEx and you buy 1BTCC with it and withdraw to coupon and later on you can use for payment or send to other BitmxittzEx user, he/she can convert and withdraw as BTC anytime even without loging into account. So 1BTCC transaction between you and other BitmxittzEx user was in fact is a 1BTC transaction between you two which was off-chain, you can say 1BTCC transaction was 1BTC transaction because each BTCC will be backed by BTC in our cold storage so BTCC can be converted and withdraw to BTC address anytime on request.

▐▀░░█▀▀▄██▄▄██▀█▄▄█▀▀▀█▀▀▀▌░░░░░░░░★★★★★★★░░░!!!░░░MAX░░SUPPLY░░10000░░COINS░░░!!!░░░★★★★★★★░░░░░
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olkah
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April 04, 2019, 12:23:36 PM
 #4

What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.

Pool HuhHuhHuh??
Bitmxittz (OP)
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April 04, 2019, 12:25:28 PM
 #5

What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.

Pool HuhHuhHuh??

Not Applicable.

▐▀░░█▀▀▄██▄▄██▀█▄▄█▀▀▀█▀▀▀▌░░░░░░░░★★★★★★★░░░!!!░░░MAX░░SUPPLY░░10000░░COINS░░░!!!░░░★★★★★★★░░░░░
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uralcryptocoin
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April 04, 2019, 12:38:14 PM
 #6

What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.

BTC off-chain transaction in depth explanation.
For example if you have 1BTC on BitmxittzEx and you buy 1BTCC with it and withdraw to coupon and later on you can use for payment or send to other BitmxittzEx user, he/she can convert and withdraw as BTC anytime even without loging into account. So 1BTCC transaction between you and other BitmxittzEx user was in fact is a 1BTC transaction between you two which was off-chain, you can say 1BTCC transaction was 1BTC transaction because each BTCC will be backed by BTC in our cold storage so BTCC can be converted and withdraw to BTC address anytime on request.

So seems BTCC is BTC-stable token like USDT for USD. But that is the question: how will BitmxittzEx control exchange rate of BTCC/BTC? Buy\Sell walls at defined levels or smth else?

BTC   Bitcoin: A Peer-to-Peer Electronic Cash System   BTC
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
olkah
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April 04, 2019, 12:40:34 PM
 #7

https://github.com/wildnrg/BitcoinCredit
olkah
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April 04, 2019, 12:40:57 PM
 #8

What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.

Pool HuhHuhHuh??

Not Applicable.
why the Huh Huh Huh Huh Huh
uralcryptocoin
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April 04, 2019, 12:45:56 PM
 #9


It's a dead project. Domain is unreachable\sold. Last github update was more than year ago. And the ticker is other: BTCR

BTC   Bitcoin: A Peer-to-Peer Electronic Cash System   BTC
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Bitmxittz (OP)
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April 04, 2019, 12:48:39 PM
 #10

What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.

BTC off-chain transaction in depth explanation.
For example if you have 1BTC on BitmxittzEx and you buy 1BTCC with it and withdraw to coupon and later on you can use for payment or send to other BitmxittzEx user, he/she can convert and withdraw as BTC anytime even without loging into account. So 1BTCC transaction between you and other BitmxittzEx user was in fact is a 1BTC transaction between you two which was off-chain, you can say 1BTCC transaction was 1BTC transaction because each BTCC will be backed by BTC in our cold storage so BTCC can be converted and withdraw to BTC address anytime on request.

So seems BTCC is BTC-stable token like USDT for USD. But that is the question: how will BitmxittzEx control exchange rate of BTCC/BTC? Buy\Sell walls at defined levels or smth else?

As mentioned in FP, BTCC price will be maintained close to BTC just as USD-USDT.
Since BTCC is virtual token and currently limited to BitmxittzEx it will be easier to keep price stable.
Also BTCC can be withdraw to BTC address as BTC anytime on request at 1:1 ratio with withdraw fee 0.0005BTCC. So users do not have to worry about price fall or dump.
Each BTCC purchased from BitmxittzEx will be backed by BTC in our cold storage.


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olkah
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April 04, 2019, 12:52:12 PM
 #11

why is there no pool no topics on the coin no Windows wallet,there is no source, there is nothing only your personal ad HuhHuhHuhHuh?!!!!!!!!!!
Bitmxittz (OP)
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April 04, 2019, 01:00:42 PM
 #12

why is there no pool no topics on the coin no Windows wallet,there is no source, there is nothing only your personal ad HuhHuhHuhHuh?!!!!!!!!!!

Please read OP, BitcoinCredit BTCC is a virtual token minted by Bitmxittzex.
Not necessary to launch desktop/mobile wallet for this token since currently it is limited BitmxittzEx.
BitcoinCredit BTCC usage is currently within BitmxittzEx and it's users.
Hope you understand now.

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