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Author Topic: [ANN] Pool your bitcoins with others toward large projects, vote on solutions  (Read 255 times)
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June 08, 2014, 06:30:27 AM

The BitPools Bitcoin pooling tool is now open for use.

Do you have a large project or an idea for something that would require a lot of funding? Is it something that a lot of people would support?

BitPools uses the unique features of Bitcoin to create two powerful features:

1. Verification of funds.
Using the Bitcoin blockchain users can submit their Bitcoin address to demonstrate that they have the funds necessary to participate in a particular project. To achieve this the user first provides a Bitcoin address with a zero balance. Then the user sends at least 10 mBTC to that address to verify that the address is under his/her control.

2. Voting with your bitcoins.
Once a proposal comes up for a vote, each user is provided with a Bitcoin address to send their vote. BitPools also provides an encrypted file with a list of all Bitcoin addresses for that vote. Once the vote date has passed, the decryption key is provided and all of the votes are tallied. With the Bitcoin blockchain the votes can be verified. The votes have the security of the Bitcoin ledger, the transparency of anyone being able to verify the results and the anonymity of nobody knowing which address belongs to which user.

Whether you are a retailer looking to do a group bulk purchase or a charity organization looking for funding or have a business idea that could use some partners or any number of things that will require multiple people pooling their money together, BitPools is ready for your ideas.

If you have bitcoins sitting in a wallet somewhere not being used, you can participate without your coins ever leaving your possession. Get involved and maybe there will be something worthy of your bitcoins that you can vote for.

Check us out at
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins:
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