Topic: [ANN] [BTRE] Bitrae - The Miner’s Choice | Fair Launch | No Pre-Mine | Scrypt (Read 416 times)

What is the plan for this one? Exchanges?

Hey!

Added Bitrae to our Mining Pool: https://bowserlab.ddns.net:8080

How to connect:

-a scrypt -o stratum+tcp://bowserlab.ddns.net:3433 -u -p c=BTRE


Happy mining!

Bitrae added to Lucky Dog Pool!  https://luckydogpool.com/

stratum.luckydogpool.com:7068
C=BTRE

Solo Mining and Shared options, only 1% pool fee!
Payouts sent every hour.

Happy Mining!  ⛏️ 🚀

Thanks for the question!

The 400 block maturity time (about 4 hours) might seem a bit long, but there’s a good reason behind it.

Firstly, it adds an extra layer of security. A longer maturity time helps protect against potential double-spending attacks and ensures that blocks are properly validated, especially since the network is still new and might not be at full strength yet.

Secondly, it helps with network stability. The 4-hour window gives the network time to handle any unexpected issues, like sudden changes in difficulty or hash power. This is particularly important in the early stages when things are still getting established.

Lastly, it encourages miners to stick around and support the network, rather than just mining and selling off quickly. This helps maintain a more stable coin value in the long run.

So while it might feel like a long wait, it’s really about making sure everything runs smoothly and securely as the coin gets off the ground.

Hope that helps! Feel free to ask if you’ve got any more questions.

Maturity Time: 400 Blocks


What is the point of this excessive time frame? ~4hrs ?

0.5 % Fees
 
SOLO
UE
stratum+tcp://eu.pools4mining.com:2310
stratum+tcp://pools4mining.com:2310

US
stratum+tcp://us.pools4mining.com:2310

ASIA
stratum+tcp://asia-sg.pools4mining.com:2310

What is Bitrae?

Bitrae (BTRE) is a cryptocurrency forked from Litecoin, crafted by miners, for miners. Designed as a lightweight version of Litecoin, Bitrae specifically addresses the needs of the mining community, ensuring efficiency, fairness, and decentralization. With no pre-mine, Bitrae is committed to providing an equitable start for everyone, fostering a truly decentralized environment.

Key Features:
•   Ticker: BTRE
•   Block Reward: 50 BTRE
•   Block Target Time: 37 Seconds
•   Coin Halving: Every 3.36 Million Blocks (~Every 4 Years)
•   Total Supply: 336 Million BTRE
•   Difficulty Adjustment: Every 2043 Blocks
•   Pre-Mine: 0 BTRE
•   Algorithm: Scrypt
•   P2P Port: 6333
•   RPC Port: 6332
•   Maturity Time: 400 Blocks (Confirmations)


Main Website: https://bitrae.net
Pool: https://bitraepool.com
Block Explorer: https://explorer.bitrae.net/
GitHub: https://github.com/bitraenet/bitrae
Download Wallet: https://github.com/bitraenet/bitrae/releases/tag/v0.1.0
Logo: https://drive.google.com/file/d/1S1pb24YMm6fWh6Zkk8Dksg3FxIZKL-tG/view?usp=sharing
Discord: https://discord.gg/fczFwseMEV


Why Choose Bitrae?

Bitrae is more than just another cryptocurrency; it’s a platform built with the miner in mind. We understand the importance of a fair launch and have ensured that there is no pre-mine, allowing every participant to start on equal footing. The Scrypt algorithm ensures a balanced and secure mining experience, with a steady block reward and efficient difficulty adjustments to keep the network running smoothly.

Join the Bitrae Community!

Whether you’re a seasoned miner or new to the space, Bitrae offers an opportunity to be part of a fair, decentralized network. Explore our website, contribute to the pool, and join the conversation on Discord.
Stay tuned for more updates. Together, let’s build a cryptocurrency that truly reflects the spirit of decentralization.