Running Bitok - 0.3.19 Mainnet

[Tongpu]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

[coderzzz]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

   Support Option 2

[Bambalam]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

I called this out from the very start and this is exactly why I never mined bitok but elvis wanted to keep the diff retargeting of bitcoin, Okkkk bud.

[maxfedfm]

 A new developer must decide to start from block 0 ,block 2500 or two paths at once, but that's the same as creating a new coin. I don't think anyone will do that.
 Only Elvis can return Bitok, remove Atom, add EDA and restart the network or the real Bitok died. It was a great idea .It's stupid to leave all this.
 Hello Tongpu, where is your friend Elvis ? Or as it was written here Tongpu&Elvis one person ? Return Bitok back.
 
 

[wqy2706113]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

I called this out from the very start and this is exactly why I never mined bitok but elvis wanted to keep the diff retargeting of bitcoin, Okkkk bud.

1

[aviestegmeier]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

rolling back to block 25k has it's own risks. Elvis no matter what happens still holds some amounts of bitok. Up until block 25.000, 1.25 million bitok mined and we don't know how many coins does elvis have. The fact that Bitok launched without a premine did not prevent Elvis from conducting a physical premine. Up until block 12,000, the difficulty was practically zero. Elvis may not have performed a software-based pre-mine, but he may have mined a large number of blocks in the early days. Even if we go back to block 25,000, it still poses a risk to Bitok.

Let’s go back to Block 0, where it all began. A symbolic amount could be pre-mined and transferred to a community-controlled wallet to compensate those who contributed to the project in its early stages and engaged in mining, and an airdrop could be distributed to miners and developers who contributed to Bitok in its early stages. Of course, I’m not talking about pre-mining 1.25 million Bitok. A figure like 50,000 to 100,000 might make sense.

By removing the nonsense of the “dumb atom” added to the system at block 25,000, we could instead set up a truly functional P2P DEX. We don’t need an overly complex system; even just XMR/BTK or BTC/BTK pairs would be sufficient on their own. Maybe we could even launch a pair based on an algorithmic stablecoin tied to Bitok, who knows..

We need to agree on one thing: if we’re going to revive this project, we need real developers. A project aimed at decentralization was scrapped by its lead developer for a laughable sum of 10-15k usd, and the only functional block explorer isn’t working right now. The network has come to a complete shutdown.

[BitokTycoon]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

rolling back to block 25k has it's own risks. Elvis no matter what happens still holds some amounts of bitok. Up until block 25.000, 1.25 million bitok mined and we don't know how many coins does elvis have. The fact that Bitok launched without a premine did not prevent Elvis from conducting a physical premine. Up until block 12,000, the difficulty was practically zero. Elvis may not have performed a software-based pre-mine, but he may have mined a large number of blocks in the early days. Even if we go back to block 25,000, it still poses a risk to Bitok.

Let’s go back to Block 0, where it all began. A symbolic amount could be pre-mined and transferred to a community-controlled wallet to compensate those who contributed to the project in its early stages and engaged in mining, and an airdrop could be distributed to miners and developers who contributed to Bitok in its early stages. Of course, I’m not talking about pre-mining 1.25 million Bitok. A figure like 50,000 to 100,000 might make sense.

By removing the nonsense of the “dumb atom” added to the system at block 25,000, we could instead set up a truly functional P2P DEX. We don’t need an overly complex system; even just XMR/BTK or BTC/BTK pairs would be sufficient on their own. Maybe we could even launch a pair based on an algorithmic stablecoin tied to Bitok, who knows..

We need to agree on one thing: if we’re going to revive this project, we need real developers. A project aimed at decentralization was scrapped by its lead developer for a laughable sum of 10-15k usd, and the only functional block explorer isn’t working right now. The network has come to a complete shutdown.

So who’s our dev?

Also I am skeptical of tongpu, but his account is fifteen years old.

[maxfedfm]

 Many people bought Bitok and what will we tell them ? Sorry ?
 I hope Elvis comes back and fixes everything.
 Or fork from 2500 block.

[aviestegmeier]

Many people bought Bitok and what will we tell them ? Sorry ?
 I hope Elvis comes back and fixes everything.
 Or fork from 2500 block.

That is called invesment, nothing is guaranteed. People simply   trusted wrong project. When you lose money on stock exchange you don't just knock door of the company's ceo and demand full refund.

Also I am skeptical of tongpu, but his account is fifteen years old.

i am not gonna lie i am skeptical bout tongpu too. s/he had the opportunity to interact with elvis more than anyone else regarding the project. Maybe s/he really is innocent; perhaps it was just an unfortunate coincidence. We never know.

So who’s our dev?.

This is an open-source project. Anyone with the ability to develop is a developer. Satoshi has been absent from Bitcoin for 15 years. However, this does not prevent its development.

[roy-aron09]

Hi everyone, I wasn’t planning to post here again, but I see y’all arguing off feelings instead of facts, so let me lay it out real quick (since not everyone here gets the technical side of how this stuff actually works).

Running version 0.3.19.12 and continuing from the current block is a huge risk, any miner could easily split the network. Using 0.3.19.13 with a tweaked difficulty adjustment and continuing from the current block makes no sense either. It’s got extra Atom-related stuff tied to a Solana token and a DEX baked into the consensus unnecessary baggage.

From block 25,000 onward, how much BITOK was actually sold? Like 30k for 200-300$ in total, lol. That’s nothing compared to the current supply. All this talk about someone dumping coins is straight-up nonsense. And Im here from block like 100 (check my posts in thread), there is no premine or smth. Network was public from first block, that why Im here. If Bitok has any premine no way Im start support it.

There are only two real ways to revive the network:

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.
2. Roll back to 0.3.19.12, fix the difficulty algorithm and restart from block 1.

Everything else you’re arguing only gonna lead to risks, vulnerabilities and more problems.

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.

[maxfedfm]

1. Roll back to 0.3.19.12 (everything up to that release was done clean, transparent and safe), update the difficulty adjustment algorithm and restart from block 25,000.

[roy-aron09]

What difference does it make how many coins the developers have left? Everyone mined on equal terms from the start. Who mined how much is their business, why guess? Whether they sold part or all of it doesn't matter. They left the project, they're gone. Even if they have any left, many still have what they honestly mined. You, those calling for a restart from scratch, strangely have nothing left?! - don't answer. We're rolling back Atom, solving the difficulty recalculation issue. If you don't have any coins, or you sold them somehow (fled like rats from a sinking ship), then you have no voting rights. Create your own project from scratch, however you want. We have honestly mined coins, and we want to move forward, not back to the beginning

[DuinoTycoon]

What difference does it make how many coins the developers have left? Everyone mined on equal terms from the start. Who mined how much is their business, why guess? Whether they sold part or all of it doesn't matter. They left the project, they're gone. Even if they have any left, many still have what they honestly mined. You, those calling for a restart from scratch, strangely have nothing left?! - don't answer. We're rolling back Atom, solving the difficulty recalculation issue. If you don't have any coins, or you sold them somehow (fled like rats from a sinking ship), then you have no voting rights. Create your own project from scratch, however you want. We have honestly mined coins, and we want to move forward, not back to the beginning

Alright if you wanna take control here then reprogram the project. I vote against it. This coin may not have been fairly mined. We cannot just continue

[DuinoTycoon]

Alright, we need to settle this in order to move forward. Everyone who wants to restart the chain or keep it going/continue from earlier checkpoint vote along with your reason (optional but make vote bold for visibility). We cannot tally in a week.

[d3bian]

Restart the entire network (rollback is not possible if we do it once, rollback can be repeated over and over again, best is to create a completely new chain).

[BitokTycoon]

I vote for a complete restart.

[sneshko333]

I vote for a full one with a new name, Bitok is already tarnished

[Bumbulas]

Thousands of coins were dumped right after block 25,000. Immediately after that, Elvis-Tongpu started talking about some “Atom security incident.” At the same time, he shut down the mining pool even though it still had significant hash power, basically killing the last miner stronghold. The thing is, he could have kept the pool running and at least pretended to support the network or take over the project. Instead, he pulled the plug and now shows up suggesting a rollback to block 25,000. Let’s be clear what that means: if the chain is rolled back, Elvis-Tongpu gets his coins back the same coins he already dumped and can sell them all over again. That’s a second exit scam.

Technically, one option would be to coordinate with a large Monero miner to try and revive the current chain, but that’s complex and realistically hard to trust if organized by a random person.

The other option (theoretical, but unlikely): Tongpu stops the scam, publicly admits fault, and actually tries to support and restore the current chain from where it is now.

[BitokTycoon]

I vote for a full one with a new name, Bitok is already tarnished

That’s actually a really good point about the name. I hadn’t thought of that.
If someone else is willing to create a website and provide seed nodes, I am willing to at least kickstart development.

[Laheeboo]

full restart from block 0, I also support a new name this name is done for.
add a 1% or 2% dev fee from every mined block to cover costs,
but it literally costs 100$ and active community on a secure coin to be listed on rabid rabbit.