[ANN] BitcoinPoW (BTCW) - Bitcoin using PoW/PoT to eliminate mining pools - page 3.

Cynce

jr. member

Activity: 100

Merit: 1

Quote from: BitcoinPoWPoT on December 10, 2023, 07:05:05 PM

BitcoinPoW is Bitcoin using proof of work(PoW) and proof of transactions(PoT) to verify blocks. This new mining technique naturally makes mining pools useless. This will form a highly mining decentralized Bitcoin.

Here is the White paper:

https://github.com/fluffyfunction/BitcoinPoW/blob/23.x/README.md

Come to Telegram to get free coins to start mining:
https://t.me/BitcoinPoWPoT

Twitter:
https://twitter.com/bitcoin_pow

Website:
https://www.bitcoin-pow.org

Explorer:
https://explorer.bitcoin-pow.org

You need to set up a discord... and this needs to be much more miner friendly than how the github lays it out. Give us a playbook to quickly get to mining.

BitcoinPoWPoT

newbie

Activity: 12

Merit: 0

The market would reach equilibrium. Fees would go up and discourage new miners. This wouldn't happen though until 10000 miners are already protecting the chain. At some point the entire Block space would always be filled up and some amount would be new miners and others would be regular transactions. You can create your transactions now while it is early and you can use them forever. They will never go away unless you spend them. Smart to take that real estate right now while it is easy.

shakibi91

newbie

Activity: 1

Merit: 0

Interesting concept but wouldn't this eventually lead to block space filled up with txs for mining with no room for regular txs or heavy fees for regular txs?

BitcoinPoWPoT

newbie

Activity: 12

Merit: 0

BitcoinPoW is Bitcoin using proof of work(PoW) and proof of transactions(PoT) to verify blocks. This new mining technique naturally makes mining pools useless. This will form a highly mining decentralized Bitcoin.

Here is the White paper:

https://github.com/fluffyfunction/BitcoinPoW/blob/23.x/README.md

Come to Telegram to learn how to start mining:
https://t.me/BitcoinPoWPoT

Twitter:
https://twitter.com/bitcoin_pow

Website:
https://www.bitcoin-pow.org

Explorer:
https://explorer.bitcoin-pow.org

Topic: [ANN] BitcoinPoW (BTCW) - Bitcoin using PoW/PoT to eliminate mining pools - page 3. (Read 1950 times)