Username: your Bitcoin Vault wallet address
Password: anything
Algorithm: sha256
NICEHASH PORT : Port 3201
Example
Quote
stratum+tcp://mining-coins.com:3201 -u BTCV wallet address -p x
mining-coins.com
Topic: [ANN] [BTCV] Bitcoin VaultA higher standard in security (Read 874 times)
Username: your Bitcoin Vault wallet address
Password: anything
Algorithm: sha256
NICEHASH PORT : Port 3201
Example
mining-coins.com
Recognizing the risk associated with this, World Digital Mining Organization Inc. decided to take a step forward and prepare a new Decentralized Digital Mining Standard (DDMS). The aim of the standard is to:
There is no such organization. I have never heard of the one even though my ear surface exceeds that of martian solar panel. Doubts are starting to steam, slowly coming close to when they may start to steep or maybe incinerate preliminary. Since when do we have mining standards in the field of crypto infantry? Meaningless words may sure spawn abbreviations to debilitate any speech.
Enough talk about why it's named after "Bitcoin". I'm pretty sure that's already obvious. 
Could you tell us who are the people behind this project?
I only see a single person's face on the website and it was not discussed in the whitepaper as well.
Could you tell us who are the people behind this project?
I only see a single person's face on the website and it was not discussed in the whitepaper as well.
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
Logically, there's a reason why these projects attaching their names to bitcoin. They can get many attentions to it just like bitcoin is getting but it doesn't mean that they can get as much as bitcoin is getting.Majority of the projects that has the same name as bitcoin's are forks. I think it just came to their mind that the other forks became popular so there's also a chance that their project will go as the others did but I don't think they will.
I feel it shows lack of imagination and trying to gain attention by using the same name. Keeps me away from those projects.
They have to think of another name if they really want it. But the same as you, I don't give that much attention to those kind of projects that's using bitcoin's name. Yeah, we have commented and posted here and gave a bit of our attention but it doesn't mean that we'll invest.
Anyway, good luck to the project op.
Thnx Sir
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
Logically, there's a reason why these projects attaching their names to bitcoin. They can get many attentions to it just like bitcoin is getting but it doesn't mean that they can get as much as bitcoin is getting.Majority of the projects that has the same name as bitcoin's are forks. I think it just came to their mind that the other forks became popular so there's also a chance that their project will go as the others did but I don't think they will.
I feel it shows lack of imagination and trying to gain attention by using the same name. Keeps me away from those projects.
They have to think of another name if they really want it. But the same as you, I don't give that much attention to those kind of projects that's using bitcoin's name. Yeah, we have commented and posted here and gave a bit of our attention but it doesn't mean that we'll invest.
Anyway, good luck to the project op.
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
There is no denying the fact that having bitcoin attached to a coin's name will attract some users especially those newbies in crypto. However, it is up to them how they can utilize the usage of it, whether for the real thing or not. But seems that they are trying to offer real services here as they already have an app. They have been in the market for quite some time already also.
And also, found some reviews of their app. Are those issues resolved already?
We contacted these users, it turned out that they simply simply didn’t correctly backup their wallet
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
Logically, there's a reason why these projects attaching their names to bitcoin. They can get many attentions to it just like bitcoin is getting but it doesn't mean that they can get as much as bitcoin is getting.Majority of the projects that has the same name as bitcoin's are forks. I think it just came to their mind that the other forks became popular so there's also a chance that their project will go as the others did but I don't think they will.
I feel it shows lack of imagination and trying to gain attention by using the same name. Keeps me away from those projects.
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
Logically, there's a reason why these projects attaching their names to bitcoin. They can get many attentions to it just like bitcoin is getting but it doesn't mean that they can get as much as bitcoin is getting.Majority of the projects that has the same name as bitcoin's are forks. I think it just came to their mind that the other forks became popular so there's also a chance that their project will go as the others did but I don't think they will.
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
There is no denying the fact that having bitcoin attached to a coin's name will attract some users especially those newbies in crypto. However, it is up to them how they can utilize the usage of it, whether for the real thing or not. But seems that they are trying to offer real services here as they already have an app. They have been in the market for quite some time already also.
And also, found some reviews of their app. Are those issues resolved already?
Still not sure why people use the Bitcoin name in their own name unless trying to fool people. Hopefully not the case. Good luck.
Decentralized Digital Mining Standard
Bitcoin Vault (BTCV) is the first blockchain to adapt to the Decentralized Digital Mining Standard (DDMS)
of World Digital Mining Organization Inc. (WDMO).
Contact World Digital Mining Organization Inc. (WDMO) at [email protected] if you are interested in being
a member under the conditions of Decentralized Digital Mining Standard (DDMS).
of World Digital Mining Organization Inc. (WDMO).
Contact World Digital Mining Organization Inc. (WDMO) at [email protected] if you are interested in being
a member under the conditions of Decentralized Digital Mining Standard (DDMS).
Satoshi Nakamoto’s original vision of Bitcoin introduced a decentralized network bringing together individuals who can each connect to the network and use their computing power to confirm transactions and receive rewards for their proof of work (PoW). With the gradual increase in the price of Bitcoin, mining has become a profitable occupation and very quickly turned into an industry worth billions. Professional Bitcoin mining systems were created and the search for cheap electricity around the globe began in earnest.
Today, the lack of decentralization of Bitcoin mining is apparent. Approximately 70% of Bitcoin’s mining activities are conducted in China, with the rest of the farms located in countries with globally competitive electricity prices. In addition, there is a small group of miners on the market which alone operate a significant portion of Bitcoin’s mining capacity. Over 50% of the Bitcoin mining network is in the hands of just four or five pools. Other cryptocurrencies which rely on PoW, like Bitcoin Cash, have a significantly smaller hashrate, which makes them highly vulnerable to a 51% attack.
Recognizing the risk associated with this, World Digital Mining Organization Inc. decided to take a step forward and prepare a new Decentralized Digital Mining Standard (DDMS). The aim of the standard is to:
● create geopolitical balance by fair distribution of mining power across different geographies,
● sustain mining profitability at the appropriate level,
● protect cryptocurrencies from those with huge mining power who hope to conduct a 51% attack.
Geographical diversity is vital for DDMS in order to reduce the effects of political, financial, and social limitations in any one country or region. Mining profitability has decreased as competition has vigorously increased throughout the past decade. The potential for 51% attacks is potentially imminent for numerous cryptocurrency projects. WDMO plans to provide a solution to these problems with DDMS.
DDMS will be open to every cryptocurrency eager to adopt it. To adopt DDMS it will be necessary to go through an audit procedure, which will confirm a proper level of decentralization, transparency and security. Every cryptocurrency and miner who would like to work under DDMS would need a proper license given by WDMO.
DDMS will regulate parameters, which are crucial to mining:
● limited network hash power – enforce decisions based on open voting of community members (democratic based decisions for the benefit of the cryptocurrency),
● sophisticated algorithm – to protect mining profitability,
● new members – geographically diverse locations subjected to detailed auditing.
Development of this new protocol is in progress. The first version of the white paper detailing implementation will be released in Q3 2020.
We welcome and encourage potential contributors to join this consortium towards a new industry standard.
For info in your language, see the following links:
DDMS – Chinese
DDMS – English
DDMS – Japanese
DDMS – Korean
DDMS – Espanol
DDMS – Vietnamese
Today, the lack of decentralization of Bitcoin mining is apparent. Approximately 70% of Bitcoin’s mining activities are conducted in China, with the rest of the farms located in countries with globally competitive electricity prices. In addition, there is a small group of miners on the market which alone operate a significant portion of Bitcoin’s mining capacity. Over 50% of the Bitcoin mining network is in the hands of just four or five pools. Other cryptocurrencies which rely on PoW, like Bitcoin Cash, have a significantly smaller hashrate, which makes them highly vulnerable to a 51% attack.
Recognizing the risk associated with this, World Digital Mining Organization Inc. decided to take a step forward and prepare a new Decentralized Digital Mining Standard (DDMS). The aim of the standard is to:
● create geopolitical balance by fair distribution of mining power across different geographies,
● sustain mining profitability at the appropriate level,
● protect cryptocurrencies from those with huge mining power who hope to conduct a 51% attack.
Geographical diversity is vital for DDMS in order to reduce the effects of political, financial, and social limitations in any one country or region. Mining profitability has decreased as competition has vigorously increased throughout the past decade. The potential for 51% attacks is potentially imminent for numerous cryptocurrency projects. WDMO plans to provide a solution to these problems with DDMS.
DDMS will be open to every cryptocurrency eager to adopt it. To adopt DDMS it will be necessary to go through an audit procedure, which will confirm a proper level of decentralization, transparency and security. Every cryptocurrency and miner who would like to work under DDMS would need a proper license given by WDMO.
DDMS will regulate parameters, which are crucial to mining:
● limited network hash power – enforce decisions based on open voting of community members (democratic based decisions for the benefit of the cryptocurrency),
● sophisticated algorithm – to protect mining profitability,
● new members – geographically diverse locations subjected to detailed auditing.
Development of this new protocol is in progress. The first version of the white paper detailing implementation will be released in Q3 2020.
We welcome and encourage potential contributors to join this consortium towards a new industry standard.
For info in your language, see the following links:
DDMS – Chinese
DDMS – English
DDMS – Japanese
DDMS – Korean
DDMS – Espanol
DDMS – Vietnamese
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