[ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts

[Randy M Kim]

So how far along is the software for the poker platform ?
What sort of time-frame after the ICO can we expect game / betting functionality ?

Thanks !

The poker and Fantasy software have been well into development for nearly a year.  We hope to launch within weeks after the ICO period ends.  The games will be rolled out individually on a set schedule to be released to the public when ready.

However, we want to do thorough QA testing before we go "live."  There are anti-fraud, collusion and other security issues that have to be addressed completely before making that consideration.  Rest assured, when we do launch, it will be a positive experience.  The UX and graphics will be amazing.  

got any pics of the poker or fantasy games?

Mayhem. Go to fundraiser.breakoutgaming.com
Click on the GAMING tab.  Then go to sneak peek

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[brother3]

[BreakoutGaming]

Has the poker app already started development?

The poker app has been in development for many months and we are customizing the UX to be current and modern.  We will be rolling out the poker/casino along with the Fantasy games on a set schedule.  There will be a liberal amount of freerolls available and a chance to play with some of the poker celebrities such as Johnny Chan!

Any screenshots we can see? Beta testing?

These are earlier drafts of the tables. They have been updated to make it more functional, i.e. card faces are larger now. We have a total of six incredible designs to start, but will rotate new table designs regularly.  You will have to wait until we release snapshots of the most recent designs, but information will be revealed here on this thread regularly.

I had to resize the images to make them load faster (losing a lot of sharpness and detail in the process)


Here you go...

[drkman]

"Distribution of BRO at 2-Years
12% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
21% - 4.5 million – Initial Coin Offering, Genesis block + Bergstake
33% 7 million – Giveaways - 2 year distribution schedule
33% 7 million – Mined during PoW phase + Bergstake"

"200 million+ total coins "

"CryptoNote Clone
PoW / Proof-of-Bergstake hybrid.
Block Time Target: 3 minutes
PoW Phase: 2 years, 7 million coins, ~19.98 BRO block reward
BotlessNight Hashing Algorithm
Difficulty Retarget: CryptoNote Adaptive Limits
PoB  Phase: perpetual, 2 million coins annually ~11.42 BRO block reward
SHA256 hashing after PoW ends.
200 million+ total coins
14 million coin Pre-Mine (< 7%)"

Can you clarify the above discrepancies or let me know what I am missing here?  Because in the top quote it indicates that there will be only 21million total coins after the POW phase ends.  But then in the lower quote you clearly state 200+ million total coins.  So...... who controls the remaining 179 million coins?

Can you clarify the premine more clearly for me and others and state how many coins will be in existence (and the distribution) immediately after the ICO ends and before the POW begins.

[BreakoutGaming]

"Distribution of BRO at 2-Years
12% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
21% - 4.5 million – Initial Coin Offering, Genesis block + Bergstake
33% 7 million – Giveaways - 2 year distribution schedule
33% 7 million – Mined during PoW phase + Bergstake"

"200 million+ total coins "

"CryptoNote Clone
PoW / Proof-of-Bergstake hybrid.
Block Time Target: 3 minutes
PoW Phase: 2 years, 7 million coins, ~19.98 BRO block reward
BotlessNight Hashing Algorithm
Difficulty Retarget: CryptoNote Adaptive Limits
PoB  Phase: perpetual, 2 million coins annually ~11.42 BRO block reward
SHA256 hashing after PoW ends.
200 million+ total coins
14 million coin Pre-Mine (< 7%)"

Can you clarify the above discrepancies or let me know what I am missing here?  Because in the top quote it indicates that there will be only 21million total coins after the POW phase ends.  But then in the lower quote you clearly state 200+ million total coins.  So...... who controls the remaining 179 million coins?

Can you clarify the premine more clearly for me and others and state how many coins will be in existence (and the distribution) immediately after the ICO ends and before the POW begins.

The first two years will be exclusively PoW mining with the distribution as declared above.  Miners and "crowd sale" participants will receive Bergstake on a one-to-one ratio with "virgin" BRO coin.  After the two-year period ends, it will be Proof-of-Bergstake only @2 million BRO per year.  ONLY owners of Bergstake will have a right to mine during the Proof-of-Bergstake phase and your Bergstake will act as a "virtual mining rig."

The "crowd sale" BRO Coins are all considered "virgin" coins as they are sent from the Genesis block.  It will be the only time you can purchase Bergstake, as all future "virgin" coins will need to be mined in the PoW phase.

[jaybny]

"Distribution of BRO at 2-Years
12% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
21% - 4.5 million – Initial Coin Offering, Genesis block + Bergstake
33% 7 million – Giveaways - 2 year distribution schedule
33% 7 million – Mined during PoW phase + Bergstake"

"200 million+ total coins "

"CryptoNote Clone
PoW / Proof-of-Bergstake hybrid.
Block Time Target: 3 minutes
PoW Phase: 2 years, 7 million coins, ~19.98 BRO block reward
BotlessNight Hashing Algorithm
Difficulty Retarget: CryptoNote Adaptive Limits
PoB  Phase: perpetual, 2 million coins annually ~11.42 BRO block reward
SHA256 hashing after PoW ends.
200 million+ total coins
14 million coin Pre-Mine (< 7%)"

Can you clarify the above discrepancies or let me know what I am missing here?  Because in the top quote it indicates that there will be only 21million total coins after the POW phase ends.  But then in the lower quote you clearly state 200+ million total coins.  So...... who controls the remaining 179 million coins?

each year from year 3 on there will be 2 million new coins rewarded via block-rewards for Proof-of-Bergstake, this exact number can be discussed and decided by the community before hand. the 200+ number is actually infinite, since there PoB phaase is perpetual. to reach 200 million coins (14+179), it will take around 40 years.  

Can you clarify the premine more clearly for me and others and state how many coins will be in existence (and the distribution) immediately after the ICO ends and before the POW begins.

there will be 14million coins pre-mined after ICO and before POW

2.5 million Devs
4.5 million ICO
7 million distributed over time via giveaways, freerolls, per detailed and transparent marketing plan to attract and retain gamers to the platform.  

The PoW phase will create 3.5 million new coins annually for 2 years, distributed to miners.

[jaybny]

Thanks, I see it now.

Will the bergstake be distributed in proportion to how much is bought per-person in the ICO ?

1 Bergstake per BRO

[drkman]

Thanks, I see it now.

Will the bergstake be distributed in proportion to how much is bought per-person in the ICO ?

1 Bergstake per BRO

Thanks.  Couple more questions.   Does a Bergstake virtual mine another Bergstake or a BRO?  And do you have to keep your Berg for 2 years before it can begin it's work?

[jaybny]

Thanks, I see it now.

Will the bergstake be distributed in proportion to how much is bought per-person in the ICO ?

1 Bergstake per BRO

Thanks.  Couple more questions.   Does a Bergstake virtual mine another Bergstake or a BRO?  And do you have to keep your Berg for 2 years before it can begin it's work?

no. Bergstake cannot generate Bergstake, this is what fixes stake grinding.

Bergstake is only used after PoW

[ereborltc]

This looks really juicy Keeping an eye

[*Sakura*]

Russian translation:

https://bitcointalk.org/index.php?topic=822515.0

Best regards,
*Sakura*

[ofortuna]

Breakout Gaming's Fantasy eSports

[BreakoutGaming]

This looks really juicy Keeping an eye

Thanks BRO! 

[hellyeahent]

Why wont u use BTC (and DOGE/BC/LTC / other fast/strong coins ) ?

It looks like you will have huge premine and risk nothing

[barabbas]

Why wont u use BTC (and DOGE/BC/LTC / other fast/strong coins ) ?

It looks like you will have huge premine and risk nothing

Perhaps you should read one of my previous posts... Breakout Gaming will have controlled 67% of the coins. They will be able to manipulate the price to buy very low. They couldn't do that with the same level of control with other coins.

[Mayhem007]

Why wont u use BTC (and DOGE/BC/LTC / other fast/strong coins ) ?

It looks like you will have huge premine and risk nothing

from my understanding after two yrs, they are left with only 12% of the pre-mine.  looks like they dumped a lot of money into this, so they are heavily invested already unlike a bunch of other shit coins.  where do you want to make a bet?  a couple of hackers and devs or a well organized org that seems talented and backed by a huge market hmmmmm 

[drkman]

Thanks, I see it now.

Will the bergstake be distributed in proportion to how much is bought per-person in the ICO ?

1 Bergstake per BRO

Thanks.  Couple more questions.   Does a Bergstake virtual mine another Bergstake or a BRO?  And do you have to keep your Berg for 2 years before it can begin it's work?

no. Bergstake cannot generate Bergstake, this is what fixes stake grinding.

Bergstake is only used after PoW

More Questions:
1.  So since Bergstake cannot mine more Bergstake, then the total Bergstake is 7 million mined plus 4.5 million ICO, Correct?
"Distribution of BRO at 2-Years
12% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
21% - 4.5 million – Initial Coin Offering, Genesis block + Bergstake
33% 7 million – Giveaways - 2 year distribution schedule
33% 7 million – Mined during PoW phase + Bergstake"

2.  And for the 2.5 million for Developers and 7 million in giveaways....there is no Bergstake for them, correct?  

3.  Then if we assume 11.5 million total Bergstake ever in existence, what precautions, if any are you going to do to make sure there is no centralized 51% attacker at the onset of the POB period?  

4.  Also, are you going to do what is necessary to bring in an independent auditor to verify that there are no hidden premined Bergstake shares owned by a centralized person who could perform undefeatable timewarp attacks on BRO.
Thanks.
-Drkman

[jaybny]

Bergstake FAQ

Do I need to know about Bergstake to use BRO?
No. Breakoutcoin can be used like any other digital currency, users of the currency will never encounter the Bergstake, but should know that Bergstake is used by miners for the purpose of securing the coin and the network and prevent double spending.

How is Bergstake different than Stake?
When you own a digital currency, you have “stake” in it. The stake that you own was  transferred many times over before it reached your wallet, just like that dollar bill in your pocket.

The story of the coin starts when it was originally “minted” by a process called “mining”. The miner, presented a “proof” that was accepted by the network and added to the blockchain. As a reward, the miner is allowed to give herself a number of shiny new coins. She then mints these new coins by making a transaction that sends coins to her wallet. These coins now enter circulation and will be transferred from wallet to wallet as currency.

Bergstake is the “stake” of a coin at the moment it is minted. Before the coin is ever transferred; Bergstake is the Stake! Once a transfer is made, there is a new stake holder, but not a new bergstake holder. The Bergstake is forever owned by the initial minter, and cannot be transferred away.

So whats so special about Bergstake?
The properties of Bergstake allow the use of “Proof-of-Bergstake” to reach distributed  consensus and secure the blockchain. The technical details are out of this scope, to learn more, please research Proof-of-Work and Proof-of-Stake blockchains. See our forum threads for links to white papers.

[jaybny]

Thanks, I see it now.

Will the bergstake be distributed in proportion to how much is bought per-person in the ICO ?

1 Bergstake per BRO

Thanks.  Couple more questions.   Does a Bergstake virtual mine another Bergstake or a BRO?  And do you have to keep your Berg for 2 years before it can begin it's work?

no. Bergstake cannot generate Bergstake, this is what fixes stake grinding.

Bergstake is only used after PoW

More Questions:
1.  So since Bergstake cannot mine more Bergstake, then the total Bergstake is 7 million mined plus 4.5 million ICO, Correct?
"Distribution of BRO at 2-Years
12% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
21% - 4.5 million – Initial Coin Offering, Genesis block + Bergstake
33% 7 million – Giveaways - 2 year distribution schedule
33% 7 million – Mined during PoW phase + Bergstake"

2.  And for the 2.5 million for Developers and 7 million in giveaways....there is no Bergstake for them, correct? 

3.  Then if we assume 11.5 million total Bergstake ever in existence, what precautions, if any are you going to do to make sure there is no centralized 51% attacker at the onset of the POB period? 

4.  Also, are you going to do what is necessary to bring in an independent auditor to verify that there are no hidden premined Bergstake shares owned by a centralized person who could perform undefeatable timewarp attacks on BRO.
Thanks.
-Drkman

All these questions can be answered with some more details on what exactly Berstake is and how it works.

No special coin or data or anything is added to the blockchain to generate Bergstake. Every new BRO coin has Bergstake. The first transaction for every coin is the "Coinbase" transaction. Before these newly minted coins are transferred away, the BRO and Bergstake are the same thing! What exactly is this thing? Its an output with an address, and is owned by the person who can prove its his address.

There is even Bergstake in bitcoin.   (seriously, if there is every a major emergency with bitcoin, moving to PoB wont be a bad idea!)

When these "virgin" BRO coins are transferred  to a new address, the Bergstake is not transferred. It remains tied to the original address forever. Why? Because thats how its defined.

To answer your questions:

1. 2. a pre-mine is the same thing as a mine.. and every mined coin has Bergstake. However, since Bergstake cannot be transferred, we have yet to come up with a solution to distribute the 7 million Bergstake with the BRO giveaways. The plan has always been to burn these 7 million Bergstake. However, after the ICO and before the Genesis block launch, there is an opportunity to either distribute some more Bergstake to ICO investors or to even have a large freeroll poker or fantasy tournament. 

This can be done if put to a vote and voted on with your ICO Bergstake.. The idea is to distribute the Bergstake wide as possible, which leads to your next question.

3. In general, with consensus systems, if there is a single holder with 51% then he always wins because he is the consensus. However to get 51% of bergstake a single miner would have to solve over 50% of all blocks. For there to be 51% holder there would need to be 51% mining power throughout the entire 2 years of PoW. Even if this does happen, a 51% attack really wont be successful, because he cannot acquire the other 49%, so the worst he can do is cause a complete fork in Breakout coin, with one fork of 49% and one with the 51% attacker. if the attacker tries to "mine" on the 49% fork, he will lose his Bergstake due to "double-mining-proof".

4. Its technically impossible for there to be more Bergstake then BRO. However, the genesis block will need to contain the addresses of every single ICO investor, and we will most definitely have an audit of this open-source transaction and compare it to the Bitcoin Exodus inputs.

[jaybny]

Why wont u use BTC (and DOGE/BC/LTC / other fast/strong coins ) ?

It looks like you will have huge premine and risk nothing

All gaming chips will be denominated in BRO, so Breakout Gaming will have to match all deposits with BRO, which creates some value. In return they get 7million for giveaways, and BTCs from initial sale, this could not be done without a new coin.