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WhyMe
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August 07, 2019, 01:51:46 PM |
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So, in date of 19/07 you've mined 6000 blocks, right ? Now chain is at block 127xx, so you have 50% of the coins, and probably more if you have continued mining ...
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dnprock (OP)
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Merit: 17
Bitflate developer
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August 07, 2019, 04:45:24 PM |
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So far, there're 2 people mining Bitflate. I have 61.38% of the supply. The other person whom I don't know has 38.62%. We're at 639k coins. In our first year, we're supposed to reach 10 million coins. So we're still very far off. I do not want to own more coins. I will keep my miner down once there are more people mining. The coin uses the same Proof of Work consensus as bitcoin. I expect coin ownership to spread out when more miners come. The chain inflates its supply after 4 years. So eventually, my bag will devalue. My long term goal is to create software services around the chain. https://bitflate.org/
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dnprock (OP)
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Bitflate developer
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August 11, 2019, 09:29:39 PM |
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dnprock (OP)
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Bitflate developer
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August 15, 2019, 05:01:08 AM |
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dnprock (OP)
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Bitflate developer
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August 15, 2019, 03:10:25 PM |
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Bitflate chain has grown quick. We're at block 17k with 16 addresses now. Thanks everyone!
Reminder: reward gets halving 4 times before inflation. The system rewards early miners with more coins.
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dnprock (OP)
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Bitflate developer
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August 16, 2019, 04:38:15 PM |
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One day: we're at block 22693 and 1.1 million coins now. Looks like some professional miners are acquiring Bitflate coins. They slowly push up hashrate and mine lots of coins. We're at 548 GH/s and 1461 difficulty. I hope the chain is not under attack. I don't see anything irregular. If someone notices anything, please let me know.
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dnprock (OP)
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Bitflate developer
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August 31, 2019, 05:08:05 PM |
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Recent price decrease seems to drop hashrates everywhere. Good time for mining. Bitflate difficulty: 985k (down from 1.2 million). Coin supply: 1.9 million. Block number: 38402. Reminder: Bitflate mining rewards early adopters with more coins. First 10 halvings' rewards: 0: 50 1: 25 2: 12.5 3: 6.25 (end of halving) 4: 6.65 (start of inflation 7%) 5: 7.02 6: 7.51 7: 8.04 8: 8.60 9: 9.20 10: 9.85 Block explorer: https://explorer.bitflate.org
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dnprock (OP)
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Bitflate developer
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September 03, 2019, 08:04:58 PM |
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Update: we just passed 2 million coins. I'm excited about this milestone. The coins are getting distributed into many wallets. We want to increase decentralization. https://explorer.bitflate.org/richlistReminder: Bitflate mining rewards early adopters with more coins. First 10 halvings' rewards: 0: 50 1: 25 2: 12.5 3: 6.25 (end of halving) 4: 6.65 (start of inflation 7%) 5: 7.02 6: 7.51 7: 8.04 8: 8.60 9: 9.20 10: 9.85 Block explorer: https://explorer.bitflate.org
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dnprock (OP)
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Bitflate developer
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October 01, 2019, 02:32:47 AM |
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CjMapope
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~Full-Time Minter since 2016~
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October 17, 2019, 04:39:54 PM |
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this one never got too far hey? not a single buy order on unnamed.exchange kinda feels like just a fun experimental coin anyways Good Luck in the future!
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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dnprock (OP)
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Bitflate developer
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October 18, 2019, 05:01:42 AM Last edit: October 18, 2019, 05:20:27 AM by dnprock |
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Thanks. I sure need a lot of luck. Yes, Bitflate is an experimental coin. I pitch Bitflate as Bitcoin with constant inflation. I think it is a good candidate for a digital native stablecoin. It has a 7% supply inflation after 4 years of halving. By design, Bitflate coin bag will devalue over time. Bitflate is not digital gold. It's not for HODL. Everyone will dump Bitflate at some point. Bitflate is, by common definition, a shitcoin. It is probably the ultimate shitcoin. It is the opposite of Bitcoin. But maybe, this is why it has a chance of succeeding. Although the chain inflates at 7%, we should be able to compensate depreciation with interest. Bitflate could become a coin for transactions. It's year 2019. I'm trying to fork Bitcoin. Forking has been done so many times and pretty much all failed. I'm aware of this. Running Bitflate has been a humbling experience. But I think cryptocurrency market needs a coin like this. With Bitflate, there's no limited supply, no Austrian Economics, no programmable blockchain, no world computer. Inflation encourages people to spend their coins. No trick, no gimmick, just plain old Proof of Work cryptocurrency.You can buy BFL on Unnamed Exchange. Use with caution. https://www.unnamed.exchange/Exchange?market=BFL_BTCJoin our discord community: https://discord.gg/utnEyp8
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swogerino
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Bitcoin Casino Est. 2013
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October 19, 2019, 07:29:49 AM |
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Thanks. I sure need a lot of luck. Yes, Bitflate is an experimental coin. I pitch Bitflate as Bitcoin with constant inflation. I think it is a good candidate for a digital native stablecoin. It has a 7% supply inflation after 4 years of halving. By design, Bitflate coin bag will devalue over time. Bitflate is not digital gold. It's not for HODL. Everyone will dump Bitflate at some point. Bitflate is, by common definition, a shitcoin. It is probably the ultimate shitcoin. It is the opposite of Bitcoin. But maybe, this is why it has a chance of succeeding. Although the chain inflates at 7%, we should be able to compensate depreciation with interest. Bitflate could become a coin for transactions. It's year 2019. I'm trying to fork Bitcoin. Forking has been done so many times and pretty much all failed. I'm aware of this. Running Bitflate has been a humbling experience. But I think cryptocurrency market needs a coin like this. With Bitflate, there's no limited supply, no Austrian Economics, no programmable blockchain, no world computer. Inflation encourages people to spend their coins. No trick, no gimmick, just plain old Proof of Work cryptocurrency.You can buy BFL on Unnamed Exchange. Use with caution. https://www.unnamed.exchange/Exchange?market=BFL_BTCJoin our discord community: https://discord.gg/utnEyp8I think that you are doing a good job but you need more widespread for your coins and let me tell you a very easy way to reach more people,start a signature campaign and pay participants by Bitcoin (equal in Bitflate) so if you pay Full Members 0.002 btc weekly you will pay them the equivalent in bitflate.The reason I say to pay in Bitcoin equivalent is to get more people to join your signature. This is a good project but alone you can’t go very far no matter how good you are.
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