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Author Topic: [ANN] BitcoinPoS - Bitcoin Proof of Stake - A Peer-to-Peer Electronic Cash  (Read 245 times)
Bitcoin.PoS
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May 29, 2020, 12:15:43 PM
Last edit: August 26, 2020, 08:07:14 AM by Bitcoin.PoS
 #1

BitcoinPoS - Bitcoin Proof of Stake - A Peer-to-Peer Electronic Cash System - Decentralized, Secure, Fast

Website: https://www.bitcoinpos.net/
Github: https://github.com/bitcoin-pos/bitcoin-pos/
Coinmarketcap: https://coinmarketcap.com/currencies/bitcoinpos/
Coingecko: https://www.coingecko.com/en/coins/bitcoinpos
Code: https://github.com/bitcoin-pos/bitcoin-pos
Video Presentation: https://www.youtube.com/watch?v=AtAhOefu02A
Email: contact@bitcoinpos.net
Explorer: https://explorer.bitcoinpos.net/
WP: https://www.bitcoinpos.net/WhitePaperBPS.pdf
Telegram: https://t.me/BitcoinPoSOfficial
Reddit: https://www.reddit.com/r/bitcoin_pos/
Twitter: https://twitter.com/Bitcoin_PoS_
Facebook: https://www.facebook.com/BitcoinPos-101794411541931
Medium: https://medium.com/@bitcoin_pos



Total Supply: 21 million
Premine: 1%
Block generation rate: 3 minutes
Initial block reward: 50 BPS/block
Current block reward: 6.5 BPS/block
Coin Maturity: 500 blocks
Block reward: reduced by 25% every 700k blocks(aprox 4 years)
Estimated TPS: 21 transactions/ second



BitcoinPoS and Its Advantages
Pro-Decentralization Design
Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BPS in an active wallet.
Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining equipment. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BPS, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.
Resilience Against 51% Attacks
Bitcoin Proof of Stake is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BPS also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.
99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BTP, using 99% less than Bitcoin mining.
Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. BitcoinPoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.
Universally Accessible to Users
Setting up and managing a mining equipment to mine Bitcoin is a big investment that not many people can afford. BPSs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.
Bitcoin Proof of Stake (BPS) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.

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May 29, 2020, 12:16:28 PM
 #2

Wow, nice. It's about time Bitcoin got something like this!

Way to go!!
cryptoroyal666
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May 29, 2020, 12:17:12 PM
 #3

Seems like a great idea

Before eth 2.0
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May 29, 2020, 12:17:28 PM
Last edit: June 19, 2020, 10:52:14 AM by assetcrypto
 #4

I recently purchased bitcoin proof of stake(BPS), it was the most I have ever put into a cryptocurrency.
This is going to be a long term buy, This was taken out of stock money.
Now that I have done this, I feel more excited about where bitcoin pos is headed than I do about stocks. Now I feel like I should take more out of
Stocks, Feel there’s going to be more return this way. Thoughts on this am I getting carried away
Nelson2020
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May 29, 2020, 12:18:27 PM
 #5

BitcoinPoS - Bitcoin Proof of Stake - Decentralized, Secure, Fast

Website: https://www.bitcoinpos.net/
Code: https://github.com/bitcoin-pos/bitcoin-pos
Video Presentation: https://www.youtube.com/watch?v=AtAhOefu02A
Email: contact@bitcoinpos.net
Explorer: https://explorer.bitcoinpos.net/


Total Supply: 21 million
Premine: 250000 coins - 5000 blocks
Block generation rate: 3 minutes
Initial block reward: 50 BTP/block
Current block reward: 6.5 BTP/block
Coin Maturity: 500 blocks
 Block reward: reduced by 25% every 700k blocks(aprox 4 years)
Estimated TPS: 21 transactions/ second



BitcoinPoS and Its Advantages
Pro-Decentralization Design

Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BTP in an active wallet.
Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining equipment. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BTP, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.
Resilience Against 51% Attacks
BitcoinPoS is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BTP also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.
99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BTP, using 99% less than Bitcoin mining.
Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. BitcoinPoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.
Universally Accessible to Users
Setting up and managing a mining equipment to mine Bitcoin is a big investment that not many people can afford. BTPs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.
Bitcoin Proof of Stake (BTP) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.



Great news!
I am sure it will be a blockbuster
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Payment Gateway http://Al-Buraq.Net/PaymentGateway


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May 29, 2020, 12:23:25 PM
 #6

We are providing payment gateway solution if you like to list contact us

We are providing Crypto Payment Gateway Solution. http://Al-Buraq.Net/PaymentGateway

If you partner with us you can get upto 25% discount on Listing your coin to be used on Checkout Integrations on BigCommerce, Shopify, WooCommerce, HTML-5, WHMCS, Marketplace.

http://Al-Buraq.Net/PaymentGateway
assetcrypto
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May 29, 2020, 12:26:21 PM
 #7

They used a random queuing system to deal with congestion issues and limited the amount people could buy.
Nelson2020
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May 29, 2020, 12:29:43 PM
 #8

Seems like a great idea

Before eth 2.0

More profit!!!!
cryptoroyal666
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May 29, 2020, 12:30:04 PM
Last edit: June 19, 2020, 06:49:38 PM by cryptoroyal666
 #9

BitcoinPoS - Bitcoin Proof of Stake - Decentralized, Secure, Fast

Website: https://www.bitcoinpos.net/
Code: https://github.com/bitcoin-pos/bitcoin-pos
Video Presentation: https://www.youtube.com/watch?v=AtAhOefu02A
Email: contact@bitcoinpos.net
Explorer: https://explorer.bitcoinpos.net/


Total Supply: 21 million
Premine: 250000 coins - 5000 blocks
Block generation rate: 3 minutes
Initial block reward: 50 BPS/block
Current block reward: 6.5 BPS/block
Coin Maturity: 500 blocks
Block reward: reduced by 25% every 700k blocks(aprox 4 years)
Estimated TPS: 21 transactions/ second



BitcoinPoS and Its Advantages
Pro-Decentralization Design
Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BPS in an active wallet.
Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining equipment. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BPS, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.
Resilience Against 51% Attacks
BitcoinPoS is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BPS also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.
99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BPS, using 99% less than Bitcoin mining.
Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. BitcoinPoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.
Universally Accessible to Users
Setting up and managing a mining equipment to mine Bitcoin is a big investment that not many people can afford. BPSs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.
Bitcoin Proof of Stake (BPS) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.






How i buy BPS?
Can you stake?
Is a minimum amount for staking?
assetcrypto
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May 29, 2020, 12:33:43 PM
Last edit: June 19, 2020, 10:52:36 AM by assetcrypto
 #10

now, you can buy bitcoin proof of stake(BPS) from the official site: www.bitcoinpos.net
cryptoroyal666
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May 29, 2020, 12:38:57 PM
 #11

now, you can buy bitcoin proof of stake(BTP) from the official site: www.bitcoinpos.net


Thank you
You know when will be listed on exchanges?
I saw this is a Bitcoin with Proof of Stake consensus algorithm.

I will take a wallet now and see what's going on
Nelson2020
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May 29, 2020, 12:49:03 PM
 #12

now, you can buy bitcoin proof of stake(BTP) from the official site: www.bitcoinpos.net


Thank you
You know when will be listed on exchanges?
I saw this is a Bitcoin with Proof of Stake consensus algorithm.

I will take a wallet now and see what's going on

It seems so easy!
gxgalx
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May 29, 2020, 12:49:40 PM
 #13

Looks like they're using PoS 3.0 on top of Bitcoin 0.19.0... really really nice..
I like the fact that they are active, I mean, looking at the github, lots of nice performance fixes...it's not everyday you see something like this.
Nelson2020
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May 29, 2020, 12:55:46 PM
 #14

BitcoinPoS - Bitcoin Proof of Stake - Decentralized, Secure, Fast

Website: https://www.bitcoinpos.net/
Code: https://github.com/bitcoin-pos/bitcoin-pos
Video Presentation: https://www.youtube.com/watch?v=AtAhOefu02A
Email: contact@bitcoinpos.net
Explorer: https://explorer.bitcoinpos.net/


Total Supply: 21 million
Premine: 250000 coins - 5000 blocks
Block generation rate: 3 minutes
Initial block reward: 50 BTP/block
Current block reward: 6.5 BTP/block
Coin Maturity: 500 blocks
 Block reward: reduced by 25% every 700k blocks(aprox 4 years)
Estimated TPS: 21 transactions/ second



BitcoinPoS and Its Advantages
Pro-Decentralization Design
Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BTP in an active wallet.
Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining equipment. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BTP, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.
Resilience Against 51% Attacks
BitcoinPoS is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BTP also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.
99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BTP, using 99% less than Bitcoin mining.
Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. BitcoinPoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.
Universally Accessible to Users
Setting up and managing a mining equipment to mine Bitcoin is a big investment that not many people can afford. BTPs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.
Bitcoin Proof of Stake (BTP) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.






How i buy BTP?
Can you stake?
Is a minimum amount for staking?

On which exchanges will be available?
cryptoroyal666
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May 29, 2020, 01:02:17 PM
 #15

Looks like they're using PoS 3.0 on top of Bitcoin 0.19.0... really really nice..
I like the fact that they are active, I mean, looking at the github, lots of nice performance fixes...it's not everyday you see something like this.



Is the same code as Bitcoin Core?
Is a Bitcoin fork?
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May 29, 2020, 01:02:42 PM
 #16

0.01250000 BTC for 1 BTP LOL

Mines at Kano.is best profit in the world!

在Kano.is的BTC
gxgalx
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May 29, 2020, 01:07:12 PM
 #17

Looks like they're using PoS 3.0 on top of Bitcoin 0.19.0... really really nice..
I like the fact that they are active, I mean, looking at the github, lots of nice performance fixes...it's not everyday you see something like this.



Is the same code as Bitcoin Core?
Is a Bitcoin fork?

It's 0.19.0 exactly. Looks like they forked Bitcoin Core and added their code.
I think they made the correct choice, you can see all commits from all contributors, easy to track down, nothing hidden.

By the amount of changes, it looks like a lot of work was put into it.
Nelson2020
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May 29, 2020, 01:11:06 PM
 #18

BitcoinPoS - Bitcoin Proof of Stake - Decentralized, Secure, Fast

Website: https://www.bitcoinpos.net/
Code: https://github.com/bitcoin-pos/bitcoin-pos
Video Presentation: https://www.youtube.com/watch?v=AtAhOefu02A
Email: contact@bitcoinpos.net
Explorer: https://explorer.bitcoinpos.net/


Total Supply: 21 million
Premine: 250000 coins - 5000 blocks
Block generation rate: 3 minutes
Initial block reward: 50 BTP/block
Current block reward: 6.5 BTP/block
Coin Maturity: 500 blocks
 Block reward: reduced by 25% every 700k blocks(aprox 4 years)
Estimated TPS: 21 transactions/ second



BitcoinPoS and Its Advantages
Pro-Decentralization Design
Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BTP in an active wallet.
Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining equipment. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BTP, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.
Resilience Against 51% Attacks
BitcoinPoS is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BTP also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.
99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BTP, using 99% less than Bitcoin mining.
Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. BitcoinPoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.
Universally Accessible to Users
Setting up and managing a mining equipment to mine Bitcoin is a big investment that not many people can afford. BTPs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.
Bitcoin Proof of Stake (BTP) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.



can we find you on discord?
gxgalx
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May 29, 2020, 01:15:58 PM
Last edit: June 19, 2020, 10:57:13 AM by gxgalx
 #19

0.01250000 BTC for 1 BPS LOL

0.01250000 BTC is exactly that.. 0.01250000 BTC.. nothing less, nothing more.

1 BPS on the other hand, you can stake it, so there's there's a huge potential big blocks to be picked up...especially now, at the start...
.. so 1 BPS can easily become 1 BPS + 6.5 BPS.

Let me see you do that with the 0.0125 BTC Smiley)
cryptoroyal666
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May 29, 2020, 01:18:30 PM
Last edit: June 19, 2020, 06:53:06 PM by cryptoroyal666
 #20

0.01250000 BTC for 1 BPS LOL

0.01250000 BTC is exactly that.. 0.01250000 BTC.. nothing less, nothing more.

1 BPS on the other hand, you can stake it, so there's there's a huge potential big blocks to be picked up...especially now, at the start...
.. so 1 BPS can easily become 1 BPS + 6.5 BPS.

Let me see you do that with the 0.0125 BTC Smiley)


I don't know if i can stake with 50 BPS

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