[BITZ] The Only 10% PoS Crypto to have

[EBK1000]

The 5000 Bitz ReTweet competition ended without a single entry?? Thats a bit weird, nobody took the chance to get 5000 Bitz which is roughly 0.059 BTC or $17,- at present. The first person who had composed a Tweet would have got this. A Tweet for $17,- and no takers.

I guess the giveaways / competitions are a waste of time. Have to think of something else...

[idol]

oops i don't think anyone knew

[EBK1000]

oops i don't think anyone knew

Well, it was "front page news" for a week and I Tweeted, but hey....

[Blawpaw]

This Altcoin seems to have some potential.
I would like to get some!  
Where can I find some faucets for some Bitz???

[EBK1000]

This Altcoin seems to have some potential.
I would like to get some!  
Where can I find some faucets for some Bitz???

There are no faucets that I am aware of...

[EBK1000]

I have a new block explorer up as well as the previous one:
Presstab Explorer

[wildduck]

New block explorer looks very good.

[stepmike]

New block explorer looks very good.

All presstab blockexplorers looking good. He doing very good nice job.

[wildduck]

New block explorer looks very good.

All presstab blockexplorers looking good. He doing very good nice job.

Yes i know i`m with this coin from the start

[EBK1000]

This Altcoin seems to have some potential.
I would like to get some!  
Where can I find some faucets for some Bitz???

Someone asked about a faucet so I have donated 2000 BITZ to the Cryptopia faucet
BITZ Faucet

[EBK1000]

A weekly update will follow, I am just a bit behind this week. Busy, busy.....

[wildduck]

A weekly update will follow, I am just a bit behind this week. Busy, busy.....

No worries dev, we know you will deliver

[EBK1000]

Come to Freenode IRC: #bitztalk to get some free Bitz

[jahras]

This Altcoin seems to have some potential.
I would like to get some!  
Where can I find some faucets for some Bitz???

Still cheap... just buy

[EBK1000]

This week has seen BITZ added to Bittrex (https://bittrex.com/Market/Index?MarketName=BTC-BITZ) and we have a new block explorer up thanks to Presstab (http://www.presstab.pw/phpexplorer/BITZ/ or bitz.presstab.pw). This will assist in stabilising the network and the two block explorers provide a slightly different view of the network.

There was a slight problem with the master node (192.64.115.186 / server1.bitznode.biz) and we have reconfigured it and hopefully that should again aid to stabilise the network. At the moment, the network looks healthy although only about 35% of Bitz are staking,  but as you can see the number of "orphans" has gone down.



I am currently setting up a new Linux server to run a Cointopay client and so get Bitz added to their payment system. So, it seems you will be able to use Bitz to buy stuff soon.

We are still reviewing the staking mechanism and may choose to implement a fairer system in the near future.

Lessons learnt. It is difficult to set a time specific "road map" as the nature of this whole venture seems to change all the time and we have to re-prioritise and focus on getting the basic infrastructure running safely before embarking on new features. There has been some anomalies after being added to Bittrex and we are trying to analyse that.

I think that we will focus on finding any weaknesses in the code /staking and getting the Cointopay server up and then we'll see...

As always, stay safe and we'll get to where we want to be soon(ish)...

ED: Oh, yes, I donated 2000 BITZ to a faucet at: https://www.cryptopia.co.nz/Faucet so get some free Bitz

[SecretsOfCrypto]

The 5000 Bitz ReTweet competition ended without a single entry?? Thats a bit weird, nobody took the chance to get 5000 Bitz which is roughly 0.059 BTC or $17,- at present. The first person who had composed a Tweet would have got this. A Tweet for $17,- and no takers.

I guess the giveaways / competitions are a waste of time. Have to think of something else...

https://twitter.com/SecretsOfCrypto/status/628716923593699328

[wildduck]

$BITZ dev is serious and a hard worker.

[gaazje]

Any news on the Two Factor authentication?

[EBK1000]

Any news on the Two Factor authentication?

It's a tricky concept and we are working on various theoretical models for security but as the Bitz community seems to be the smallest in cryptoworld there is no need for it right now. Don't get me wrong, we are working on making the wallet safer it's just that I am spending all my time lately on promoting etc.

ED: I am planning to produce an updated "road map". To be honest, this being the first "coin" we have created I didn't anticipate the amount of work involved just around promotion etc. The main ideas are sound and we will do it...

[gaazje]

Any news on the Two Factor authentication?

It's a tricky concept and we are working on various theoretical models for security but as the Bitz community seems to be the smallest in cryptoworld there is no need for it right now. Don't get me wrong, we are working on making the wallet safer it's just that I am spending all my time lately on promoting etc.

ED: I am planning to produce an updated "road map". To be honest, this being the first "coin" we have created I didn't anticipate the amount of work involved just around promotion etc. The main ideas are sound and we will do it...

Dont worry about promotion, as long as you keep up the good work, it will promote itself!