Topic: [ANN] Bitcoin Squared [BTCSQ] A Bitcoin-Based Altchain Secured by VeriBlock - page 2. (Read 776 times)

This coin will be listed on https://sullypool.com/ very soon - by the 17th of December. Come check us out!

Hi all,

Bitcoin Squared Community campaign is now running.
Please find below following bounties.


Bounty types:
- Retweet campaign, Tweet will be the latest Veriblock: http://Https://twitter.com/veriblock -tweet.
 min 20 followers 2 BTCSQ
min 50 followers 4 BTCSQ
min 100 followers 8 BTCSQ

- Bitcointalk  BTCSQ - thread translation  5 BTCSQ
- Make a video about a BTCSQ and POP-mining tech.  10 BTCSQ
- Make an online wallet.  100 BTCSQ

-Make a BTCSQ mining pool  40 BTCSQ
- Invite members to discord.  Every member invited (must show a proof) 0,5 BTCSQ

Any other things? Please suggest.

Community Bounty Challenge starts now and will be finished when the BTCSQ address runs out of coins or I decide so.  If you are willing to offer me any help, please DM me on Discord.

Discord link to Veriblock Channel:
https://discord.com/invite/wJZEjry
My nickname is Chuck N. on Discord.

All discussions  related to the bounty campaign will be held on Discord

Bounty thread discussion topic:
https://bitcointalksearch.org/topic/bounty-bitcoin-squared-community-bounty-campaign-5377096

Yes this now is mainnet.....

is mining the mainnet now?

first payout
https://explore.btcsq.veriblock.org/tx/9004463d82e7ef930a94813f4019696fd9fef113c59aaaa32a3875964b02e204

Ok thanks for your help

Sync you wallet and check in it paid:
bc1q22d3r32dm03djl4cfut4gd7w5ru60jzjcntn0q    607.16833681000000006

bc1q22d3r32dm03djl4cfut4gd7w5ru60jzjcntn0q

Is this another ASIC algo?

Payout are after 100 confirmation + balance min 2

@wanganxiu what is your address?

Mining pool does not pay

That is VBK veriblock which is online for 2+ years

BTCSQ is altcoin projects that use POP security and inherit security against 51% atack from Bitcoin as VBK for 2 years is doing POP on Bitcoin network on same way BTCSQ will do POP on VBK network

and btw mainnet did not yet start...

---

mainnet started
pool is up

payout is after 100 conf, minimal payout 2 coins

http://btcsq.ddns.net/getting_started

BTC algo, vardiff stratums:
Username: your bitcoin squared wallet address
Password: anything
Algorithm: sha256
URL (difficulty 100000): stratum+tcp://btcsq.ddns.net:3333
URL (difficulty 500000): stratum+tcp://btcsq.ddns.net:3334
URL (difficulty 2000000): stratum+tcp://btcsq.ddns.net:3335

wiki page is not yet updated but in discord links are for wallet, pop and vbk node is:

https://mirror.veriblock.org/BTCSQ-refs.pull.626.merge-d44a9bb-win64.zip
https://mirror.veriblock.org/BTCSQ-refs.pull.626.merge-d44a9bb-linux-x64.zip

---

Current network block: 597

current network global hash rate: ~20Th

[moderator's note: consecutive posts merged]

The wallet is very special and not friendly to novices. In addition, why does the newly launched mainnet need to synchronize 2,757,527 blocks now?
This is the interface prompt:
2021-12-09 13:27:15 nc-block-t INFO r-Chain 0000000000044485C7AFD287336579B18845723E8D9DD1F4 is better than 000000000000460B63614D24067AC07C267F7F3A0FC07F31!
2021-12-09 13:27:43 nc-monitor INFO status-log-Minute Marker: 3
Free Memory: 29798KB | MaxMemory: 8388608KB | TotalMemory:96256KB
Local Block: 271 | Network Block: 2757527
Block Sync Status: Synchronizing (2757256 blocks of difference)

Did I sync the wrong way or the network was running a few years ago?

reserved

reserved

The VeriBlock team is excited to announce the launch of Bitcoin Squared (BTCSQ), the world’s first blockchain secured against 51% attacks in an entirely Decentralized, Trustless, Transparent, and Permissionless (“DTTP®”) manner through the VeriBlock® security network.
Bitcoin Squared serves as a reference implementation for any Bitcoin-family blockchain to implement the PoP® (“Proof-of-Proof®”) consensus protocol, introducing a new form of decentralized lightweight mining which reinforces a blockchain’s existing consensus (PoW, PoS, DPoS, PoST, etc.) with the full security of Bitcoin.
Bitcoin Squared Mainnet will launch at 10am ET on December 9th, 2021, at which time the download links for the final Mainnet package will be made available.

IMPORTANT LINKS
Website | Wiki | Software | /vbk-wp-pop]Whitepaper (VeriBlock PoP) | Dashboard | Github

SOCIAL
This is initially a project incubated by VeriBlock Labs (and therefore uses VeriBlock’s social channels).
Discord | Twitter

QUICKSTART GUIDE: Getting Started

DAEMON:
Windows x64: Here
Linux x64: Here
Source: Github
(Note: compilation of the BTCSQ daemon from source requires compilation of the VeriBlock reusable library, instructions available here: Here)

Technical Specifications
Name: Bitcoin Squared
Symbol: BTCSQ
Security Inheritance Protocol: Proof-of-Proof (PoP) Mining
Block Generation Protocol: Proof-of-Work (PoW) Mining w/ SHA-256D
Block Time: 2 Minutes
Total supply: 21,000,000
PoP/PoW split: 50% PoP and 50% PoW

Emissions
While BTCSQ has the same total quantity of emissions (21M) as Bitcoin, BTCSQ’s emissions curve deviates from Bitcoin’s standard 4-year halving model.
During the incentivized Testnet phase, approximately 439923 BTCSQ were mined, which were reflected in the genesis block of BTCSQ Mainnet. The following schedule dictates the new coin emissions:

See: https://wiki.veriblock.org/index.php/BTCSQ_Emissions

PoW Mining Pools Available Here: PoW Mining Pools

PoP Mining Instructions Available Here: PoP Mining

FAQ

About VeriBlock
VeriBlock serves as the world's first blockchain which allows every blockchain in the world to inherit the full Proof-of-Work security of Bitcoin in a completely Decentralized, Trustless, Transparent, and Permissionless (or "DTTP") manner. The VeriBlock blockchain is built 100% from scratch, and has been engineered from the ground up to provide the most cost-effective, secure, and easy-to-use way for the world's blockchains to enjoy the unparalleled immutability of Bitcoin itself.

About Proof-of-Proof (PoP)
Proof-of-Proof is a novel consensus protocol invented by VeriBlock, Inc. which allows any blockchain (including sidechains and permissioned ledgers) to inherit the full security of Bitcoin in a truly Decentralized, Trustless, Transparent, and Permissionless (or "DTTP") manner.

It does so by gamifying the publication of data representing a blockchain's present state to Bitcoin (directly or indirectly through VeriBlock’s security network) such that any user can participate and receive compensation for enabling blockchains to inherit Bitcoin's security. If you'd like to dive into the technical details, please check out our whitepaper.

Difficulty Algo
Adjusted LWMA

About vBFI
Users of a VeriBlock-PoP-secured altchain can use the VeriBlock Bitcoin Finality Indicator (“vBFI”) to easily determine exactly when a transaction on an altchain network has as much (technically, more) security as a transaction on Bitcoin itself.
As soon as vBFI reports a Bitcoin confirmation value greater than zero for a block on a PoP-secured blockchain, the transactions contained within that block cannot be double-spent without performing a 51% attack on Bitcoin itself. For example, a transaction in an altchain block with 3 Bitcoin confirmations reported by vBFI is as hard (technically, harder) to reverse than a transaction directly on Bitcoin itself with 3 confirmations.