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Topic: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept - page 2. (Read 2144 times)

newbie
Activity: 12
Merit: 0
Delete all data a bug has been detected
sr. member
Activity: 392
Merit: 250
sr. member
Activity: 401
Merit: 257
This project has a very small coin supply so how much does it cost for one coin?
it's possible at 0.01btc or 0.001btc and I will wait for new exchange to see this price.
hero member
Activity: 1106
Merit: 504
When it comes to some free coins isn't bad deal at all putting hands on some. I would also join the airdrop once detailed process will be announced. Who knows what the plan Dev has for this concept based coin. I have missed some free coins in past which hvae turned into huge in matter of few months time. Count me in as well.
newbie
Activity: 12
Merit: 0
Wallet, source and bounties ready Cheesy in first post
sr. member
Activity: 1092
Merit: 256
Too many airdrop Cheesy and this one without roadmap or plans but the total supply is cool just 500.000 coin, I hope this is the real airdrop which the coin is really make a great in the future. Waiting on Windows wallet and please Dev don't forget to show Virus Total too
sr. member
Activity: 377
Merit: 250
Next Generation Antivirus
Hi Dev!
Good luck for your project!
PM sent for aidrop
sr. member
Activity: 560
Merit: 250
In op missing wallet wait for it.
newbie
Activity: 12
Merit: 0
Link to BB (blackbit) tread:

https://bitcointalksearch.org/topic/blackbit-free-bb-and-exchange-airdrop-distribution-1889542

To dump, or not to dump- that is the question?

It's completely crazy the piece is dead?



thge wallet Will be ready in the day and put in place the bounties.
sr. member
Activity: 569
Merit: 250
newbie
Activity: 12
Merit: 0
legendary
Activity: 1372
Merit: 1001
Your concept is really interesting and limited total supply can play main role to make it valuable as well. People including myself are already showing positive response to your offer of free airdrop. There will be some who will participate in different bounties too. Just go ahead an launch the wallet to boost the interest.
sr. member
Activity: 569
Merit: 250
I sens that BlackBit dev is back with new experiment?  Grin


Re: [PRE-ANN] BlackBit Project soon
April 27, 2017, 01:17:17 PM
 #5
blackbit, also known as PMC, is an alternate cryptocurrency that is defying normal convention in its method of mining and distribution. While some coins are mined, or earn you interest, Premine is exclusively redistributed by its users, and block rewards are generated only by network transaction fees.

The word "premine" refers to the terminology of mining before a coin is officially launched. Although the word has had both positive and negative connotations, it simply refers to coins that have been mined before launch. Since all of Premine was mined before launch for distribution, the name symbolizes its unique method of distribution.  Proof of Distribution, if you will. So even though technically all of the coins are “premined”, they are all in the hands of the community.

blackbit is setting out to prove that cryptographic currency can continue long after the minting process has ended, making it not only a fascinating glimpse into the future of Bitcoin, but also a viable and stable alternative that thanks to its low total supply of less than 9,000,000,000 coins, allows each coin to store a great amount of wealth. This makes PMC an excellent alternative store of money. To say Premine is the future of Bitcoin isn’t far from the truth.

Will Bitcoin be able to survive once the minting of new coins has ended? Nobody knows. PMC started with a market cap of zero. Bitcoin currently has a market cap in excess of $8 Billion USD. Already suffering from volatile pricing, we may discover that Bitcoin might not survive this transition, and that no coin with such a high market cap ever could. In this sense Premine is also future-proof, having avoided this hazardous transition phase altogether.

We have not only side-stepped this potentially hazardous event, we have embraced it and made it the very essence of PMC. No inflation.  Just distribution.

Premine is a SHA-256 coin, just like Bitcoin. When you mine Premine, you are mining the transaction fees generated by all the people who buy, sell and trade it. In this sense, you can only mine PMC as fast as it is bought and sold, making it exceptionally stable. It does not suffer the major flaw of most cryptocurrencies, which is market flooding caused by a large drop in mining difficulty. This inevitably leads to downward pressure on market pricing causing the altcoins you hold to devalue at any given moment. PMC is not based on this model and, therefore cannot flood the market in this manner.

In PMC, The market affects the block rewards, and the block rewards affect the market. The two coexist and always seek to balance one another. PMC is built on this symmetry, and that makes it an exciting investment as well as a powerful means of exchanging goods and services.

All of the coins that ever exist have already been created and have been entirely distributed amongst the community. This distribution has continued ever since on all levels, not just by the developer, but by community members and even the exchanges.

blackbit is more than just an experiment. It's a concept that is proving to work.
hero member
Activity: 590
Merit: 500
On the ann says that its on nova and yobit, but is not, so were to trade this shitcoin?
newbie
Activity: 12
Merit: 0
Dev you are ready to pay more coins through airdrop than doing serious work to translate the thread and all related upcoming material if will be some at later point. I can't understand the division and fixed amount of coins allocated for diffeerent things. Why anyone would translate for 10 TOT when he can get it for free ?

10000 TOT for German translation
10000 TOT for Spanish translation
10000 TOT for Chinese translation
10000 TOT for Italian translation
full member
Activity: 168
Merit: 100
when will be the airdrop?
hero member
Activity: 980
Merit: 500
Dev you are ready to pay more coins through airdrop than doing serious work to translate the thread and all related upcoming material if will be some at later point. I can't understand the division and fixed amount of coins allocated for diffeerent things. Why anyone would translate for 10 TOT when he can get it for free ?
newbie
Activity: 12
Merit: 0
full member
Activity: 146
Merit: 100
airdrop / giveaways ?

airdrop yes 100 per users

by PM Wink

pm sent

but where i get wallet windows ?? (ready compile)
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
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