Topic: [ANN] Bitcoin Black [BTCB] [Airdrop] [ICO] Fair Distribution 3.6 Billion [DAG] - page 2. (Read 1986 times)

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5006 members!

It will be a spend and replace ecosystem where manipulation cannot enter. If ever it enters it will be at the point where it is the highest used system for value transfer worldwide.

Transfers will be fee free and instant.
Ease of entry will be simple with a phone number.
30 million users will enter and be using the network rather than hoarding for the hope of being rich.
It will be fair and wont be centralized through distribution method.

A p2p fair system that is efficient as a value transfer focusing on the people of the world who are yet to be introduced to crypto.
Market cap is insignificant.
30 million users who actually use the network is what will matter, and the aim to be decentralized autonomous is more valuable than any project in the space.

bitcoin whitepaper
Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

The above is not attained with bitcoin core.
Energy efficiency is a big part too, bitcoin is inefficient in energy consumption and inefficient as a transfer of value, fee free/ instant is now possible with less energy consumption.
Centralized through initial distribution early day theft, ongoing mining. The purpose of a p2p system is to give power back to the people. Not to claim the system is a store of value, it is a dinosaur which needs to evolve through the community. Not through a controlling corporation which welcomes regulation.

DISTRIBUTION IS MORE IMPORTANT THAN THE TECH.

90-99% of all the Bitcoin is owned by 1% of all the users.
Bitcoin is an improvement to the monetary system only in efficiency. The main issue of the previous fiat currencies is more abundant in Bitcoin which is the concentration of the elites wealth making all other users slaves for the system.
Fair distribution and manipulation proof are the most important elements needed.

The tech side of current projects is good enough for now.
Bitcoin & Altcoin distribution is extremely flawed.
Its most likely the previous fiat 1% elite own 90%+ of Bitcoin & Altcoins as their price are dependent on Bitcoin, also note the volatility as a way they increase their holdings through manipulation.
Blockchain/ Crypto is at a point where enough Tech improvements have been done and its time to focus on distribution and expose manipulation.
The vehicle has become better but the actual issue still remains and potentially gets worse as a finite supply exists now.

Distribution will be done on a mass scale base from the beginning, this limits manipulation by the elite and no member of any currency should hold more than 1% of the entire circulating supply at any one point (manipulation counteraction fund will eliminate the possibility of early bag holders manipulation and contribute to true decentralization which is yet to be seen.
Initial Foundation 2.5% 900 Million
Development fund 2.5% 900 Million
Pre-sale 2.5% 900 Million coins (Approx 50 investing members who will be an addition to the founding team helping to move the project forward. Collaborating though slack)
Manipulation counteraction fund 7.5% 2.7 Billion coins To be depleted to 0% over time. Stability control fund to remove the possibility of early low volume manipulation, and maintain stability in the currency.
Airdrop 10% 3.6 Billion coins to be airdropped (1 million accounts 5000-10000 coins per account)
Rewards bounty 10% 3.6 Billion coins divided between Airdrop rewards (110 members). ICO rewards (110 members).
ICO 15% 5.4 Billion coins Funds from ICO to be allocated to 3 more foundations who will help the community move the project further into the future. Allocated to specialist departments.
App introduction rewards 50% 18 Billion over 3 years creating a gold rush with the rate of new users growing compounded.

By creating a fair mass scale distribution, manipulation proof will lead to a stable currency which will eventually be a currency which will be truly usable and intended to:
Pay wages. Pay rent. Pay for food.
Eventually cutting fiat out of the loop.
Transitioning to the new monetary system which has less flaws than current crypto-currencies and the fiat money system.

Understanding the importance of making the currency usable and being used on a worldwide marketplace which will follow with the ability to trade coins for physical silver shipped worldwide. (online marketplace to buy/sell/trade locally).

Rewards Bounties.
Highest referring 110 members (by introduction) to the airdrop become a founding member and take a share of 10% of ecosystem.
Highest referring 110 members (by introduction) to the ICO become a founding member and take a share of 10% of ecosystem.

1% of the Bitcoin community own more than 90% of all the bitcoin.
With 1% of the community owning 90+% of all the bitcoin manipulation is certain.
As everything is based on Bitcoins price as it is the main trading pair, most other crypto currencies have the same issue as bitcoin.
A fair distribution is what Crypto is lacking.
And this is what we aim to solve & contribute to solving.
Our aim is for fair distribution to take place so there no monopoly of the money like the current fiat systems of the world.

Not another ERC20, It will be a stand alone coin which will be a fork of Nano/ Raiblacks with some key variations. User friendly wallets in every format possible. Cell phone number login alias for random number letter string to be more inviting. Transfer descriptions.

2018 Will be the year crypto-currencies are recognized as they are not only here to stay but are here to take over.
2018 will be the year crypto-currencies rise and will be the year they become manipulated and the majority will be owned by the same few who own the current fiat.
2018 will be the year we will build the community and 2019 will be distribution through fair and transparent methods.
2018 will have a bull run than will shock many as institutional money flows in.
More fake money will flow in creating trillions of dollars in market cap.
After this point the elite from the fiat system will have a large enough supply and will no longer need to dump huge amounts and things will become more stable. It will be known that like the previous system of money they own the majority in the system they began to buy into when it was only a multi-million dollar market and possibly before this. It could even be argued that they are the creators of bitcoin. Which the entire market is dependent on.

Important things needed:
Distribution needs to be done over time.
Coins need to be held for some time initial community members shouldn’t be able to dump as their intention should be community growth, not fiat related short term gain.
Community needs to reach 1M prior to opening exchange.
Many crypto currencies slowly become less distributed through manipulation and become controlled the proof can be seen with how the fiat systems evolve and get concentrated to a small percentage of the participants in the fiat community.
Creating founders who drive the project forward need to own less than 5% of total supply so things stay fair.

PROBLEM
All fiat is owned and used as a tool of control.
Crypto is the perfect vehicle to solve this issue.
However it is of belief a small amount of money from the top of the previous doomed fiat system has flowed into crypto and manipulated all.
In May 2017 market cap was approx 36 billion.
December 21st 2018 market cap was approx 628 billion while the masses were encouraged to enter crypto for the promise of being rich.
The rise in 7 months was unnatural and the small hand which was responsible in driving the price up.
January 9th it hit over 800 billion only to crash down to 260 billion on march 31st, during this period, elite accumulated more through trading.
At these volumes it isn’t speculators money, it is a systematized method to drive the masses away from crypto currency and for the elite to acquire a larger percentage of the market for another round of accumulation giving they a bigger playing hand. Even if it is a loss to them to gain more of a market percentage they are playing with trillions of dollars and have more to lose than finances.

Solution
Distribute widely initially. With no member of the community to own more than 0.5% of the total supply.
Have a spend and replace system, making it difficult for manipulation to enter.
A free community based cryptocurrency.

SUPPLY
Initial foundation 2.5%
Development fund 2.5%
Pre Sale (50 members) 2.5%
Manipulation counteraction 7.5%
Airdrop 10%
Rewards 10%
ICO 15%
App introduction referrals 50%
Any suggestions or interested in contributing to the development or becoming a part of the team email [email protected]

Although these are better reason and sounds great to make dream other people but in reality there is no chance for this kind of coin to take a good position into this universe. Why people will choose this while there are so many establish project who have these features already so that it doesn't make any sense.

How bitcoin black will surpass bitcoin core!
A better transfer of value
Fairer distribution
Incentive's for introduction
More actual users
Simplicity to entry
More decentralized
More stable as currency

4857

4588 members!

Once the blockchain is live and airdrop is taking place there will be Q&A sessions.
Also seeking a PR founding member!
Any questions in the meantime FIRE AWAY!

2421 members currently!

If the dev team do more interview session, with Q&A sessions giving the bounty team more resources to post, it will go a long way to improve PR activities.

April 24th 226 members
April 27th 333 members
May 4th 952 members

www.bitcoinb.io

Rewards to members who share. Rather than 50% of supply being for mining, it's for app introduction referrals. New users will receive a small amount of free coins and the member who refereed them will receive a bonus per user introduced.
This will encourage mass adoption. E.g. University student will get their qr code scanned by other students, another community member will send a whats app message with an introduction to the app and be rewarded for new members they introduce.
Ease of use for newcomers to crypto currency. Rather than a long strong of numbers/ letters Phone number can be used as an alias to the wallet id and interaction can be done this way.
Educational part will also play a part in the road to mass adoption.

Roadmap is very simple a more detailed roadmap is to come including whitepaper.
Founding members are anonymous at this stage, if you wish to be a founding member you can be. If you share the same beliefs/ vision and can help in any way to move the project forward.
Send an email to [email protected] if you can help the project move forward in any way.

What is your plan about worldwide mass adoption how you will increase the interest of the people. I found roadmap very simple and who are these +40 founding members who will own 900 million. Official website has no info about them?

https://www.bitcoinb.io/join-rewards appear more like an email address capturing page, this is often used by email marketers to gather emails address of people in a certain niche for sale, i will maintain my assumed position until more vital information about this project is provided.

Worldwide mass adoption is a focus. Including usability. A low supply high price coin serves no benefit to the project.

because a coin supply supply of 36 billion, I find a lot to have a reasonable price.

Initially the project will move forward with a nano fork.
Fee free and Instant payments are needed.
After 50% of coins are allocated the other 50% will be commissions on referrals through the application to encourage mass adoption and a gold rush over 3 years!
At this point there will be a simple to use currency which is fee free and instant which will bring new users into the space.
New users will receive a small amount of free coins and the member who refered them will receive a bonus per user introduced.
This will encourage mass adoption. E.g. University student will get their qr code scanned by other students, another community member will send a whats app message with an introduction to the app and be rewarded for new members they introduce.
Rather than a long strong of numbers/ letters Phone number can be used as an alias to the wallet id and interaction can be done this way.