I do not understand this new coin? but mining is already underway, and received more than 3 million blocks.
Explain, please
or please write to the PM in Russian (oт aнгл yжe гoлoвa пyxнeт)
Topic: [ANN] BitEther Coin (BEC) - a cross-mining coin on Ethereum Classic (ETC) - page 2. (Read 3241 times)
February 23, 2017, 01:15:35 PM
February 23, 2017, 12:26:09 PM
It's already supported by MyEtherWallet, it will show balance in BEC, and allow to transfer, if your account has any BEC
what if we use from MyEtherWallet?
February 23, 2017, 12:23:41 PM
what if we use from MyEtherWallet?
February 23, 2017, 12:16:53 PM
BitEther is a token built on top of existing smart contract technology of Ethereum Classic. It rewards ETC miner with an additional token (BEC) - miner receives two rewards, by doing same amount of job. Ethereum Classic is a PoW chain, original chain left after Ethereum Foundation made their fork.
BitEther follows Bitcoin monetary supply, with 21M coins total, halving each 3 years and 50% distribution by year 2019. 99% will be distributed by year 2034, as about same time as for Bitcoin. Reward is 2 BEC coins per ETC block, which is comparable to 50 BTC per 10 minutes.
| |Era #| | |% of mined| | |Emission Rate| | |Bec Per ETC Block| | |Year| |
| Era 1 | 50% | 50 BEC | 2 BEC | 2019 |
| Era 2 | 75% | 25 BEC | 1 BEC | 2021 |
| Era 3 | 88% | 12.5 BEC | 0.5 BEC | 2024 |
| Era 4 | 94% | 6.25 BEC | 0.25 BEC | 2026 |
This an experimental coin designed to demonstrate abilities of Ethereum Classic blockchain and to incentivize Dapp developers to add additional value to chain and to improve network security.
BEC follows ERC20 specification for custom tokens on Ethereum Classic, which makes it compatible with most of existing wallets and software on Ethereum Classic blockchain. Also a standard token for Ethereum Classic wallet.
Main features that it’s a first coin of that class in Ethereum Classic, it have familiar economic capabilities, and can be a base layer for future development in that field.
Links:
Sources https://github.com/splix/bec/
Detailed announce https://medium.com/@splix/bitether-coin-on-ethereum-classic-b17c7034dcb6
Twitter https://twitter.com/bitether
Explorer https://gastracker.io/token/0x085fb4f24031eaedbc2b611aa528f22343eb52db
Wallets:
Ethcore Parity (add token 0x085fb4f24031eaedbc2b611aa528f22343eb52db)
MyEtherWallet (out of box)
Mining tools:
https://github.com/splix/bec/tree/master/miner - Patch for Parity to enable mining for solo minig
https://github.com/etherninja/BEC-Tools - Payout tools
Pools:
(by mining on following pools, you receive both ETC and BEC at same time)
https://www.epool.io (automatic payouts for BEC + ETC)
http://bec.minerhub.io (manual BEC payouts)
http://etc.gpuminer.ru (manual BEC payouts)
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