Topic: [ANN][AirDrop] Bytether, The New Bitcoin, - 1:1 Cross-Fork of Bitcoin onto Ether - page 7. (Read 5472 times)
October 22, 2017, 04:31:00 AM
no airdrop?
October 19, 2017, 10:51:11 AM
Hello, we have new progress update
https://medium.com/@bytether/bytether-is-the-new-bitcoin-b65b198bcfac
Let us know if you are interested in the project
https://medium.com/@bytether/bytether-is-the-new-bitcoin-b65b198bcfac
Let us know if you are interested in the project
October 14, 2017, 07:51:56 AM
Hi everyone, how is your weekend going 
We are going to post a blog post to answer FAQ tomorrow, please post your questions here then we can include in our blog tomorrow.
Cheer!
Bytether team!
We are going to post a blog post to answer FAQ tomorrow, please post your questions here then we can include in our blog tomorrow.
Cheer!
Bytether team!
October 12, 2017, 05:58:29 AM
is this like usdt? like backed to actual BTC
No, it's not like USDT. BTH is not backed by BTC.
October 12, 2017, 05:34:19 AM
So what is this trying to accomplish? If you make a token just to make a token it doesn't really mean alot. What does this bring to the crytpo economy, what problem does this fix etc?
We tried to answer with the first post.
tl;dr
BTC is good to hold value, but it is not good for payment because BTC transaction is slow and expensive.
ETH's transaction, in the order hand, is faster and cheaper
We want to separate of concerns. Let ETH handle blockchain and take advantages of BTC's currency properties. In our road map, we also provide payment integration for Bytether(BTH)
BTH = BTC + ETH + Payment ecosystem.
Long version
Why Bytether?
It is undeniable that Bitcoin is the most well-known cryptocurrency, yet the fundamental implementation of Bitcoin built its own obstacles such as low transaction speed and high transaction fee. Ethereum is much better in that concerns.
No doubt there are quite a few other coins trying to replicate Bitcoin on Etherum network but Bytether is different. We do cross-fork from Bitcoin blockchain to Ethereum network to provide a better currency and enable Bitcoin holders to instantly on-board. Bytether is the real equivalent Bitcoin on the Etherum network.
Cryptocurrencies payment is still inaccessible to many parties due to Bitcoin lack of the smart contract and discrepancy between various ERC20 tokens. Bytether, on the other hand, focuses itself around payment and payment only. With a specialized smart contract, Bytether can handle complicated payment transactions.
It is undeniable that Bitcoin is the most well-known cryptocurrency, yet the fundamental implementation of Bitcoin built its own obstacles such as low transaction speed and high transaction fee. Ethereum is much better in that concerns.
No doubt there are quite a few other coins trying to replicate Bitcoin on Etherum network but Bytether is different. We do cross-fork from Bitcoin blockchain to Ethereum network to provide a better currency and enable Bitcoin holders to instantly on-board. Bytether is the real equivalent Bitcoin on the Etherum network.
Cryptocurrencies payment is still inaccessible to many parties due to Bitcoin lack of the smart contract and discrepancy between various ERC20 tokens. Bytether, on the other hand, focuses itself around payment and payment only. With a specialized smart contract, Bytether can handle complicated payment transactions.
October 12, 2017, 04:24:59 AM
is this like usdt? like backed to actual BTC
October 12, 2017, 04:22:06 AM
So what is this trying to accomplish? If you make a token just to make a token it doesn't really mean alot. What does this bring to the crytpo economy, what problem does this fix etc?
October 12, 2017, 03:32:28 AM
Thank you bytether-dev 
everyone, bytether-dev is our lead developer. He will also help to answer questions on this topic.
everyone, bytether-dev is our lead developer. He will also help to answer questions on this topic.
October 12, 2017, 01:55:36 AM
I think we need to sign-in a message with Bitcoin wallet/address to prove ownership of BTC and post it into your Smart Contract to get equal BTH. Am I right?
Yes, exactly. You can create an ETH address and sign it with your bitcoin wallet. We will provide a verification contract for you to send this signature. Once verified, your ether address will reserve the right to claim the bitcoin address balance.
We will provide detailed guide once we complete our verification contract, ETA 2 week.
@pure_happiness_inside: This should answer your question, too
October 12, 2017, 12:28:51 AM
I think we need to sign-in a message with Bitcoin wallet/address to prove ownership of BTC and post it into your Smart Contract to get equal BTH. Am I right?
October 11, 2017, 11:09:28 PM
really interesting project!
can you give more details around how the cross-forking actually works? you said this is all done through a smart contract? so you would need to sign an eth contract and give it an eth address? are there any security issues here? and how do you prove ownership of a bitcoin address??
can you give more details around how the cross-forking actually works? you said this is all done through a smart contract? so you would need to sign an eth contract and give it an eth address? are there any security issues here? and how do you prove ownership of a bitcoin address??
October 11, 2017, 11:29:54 AM
Hi Adamlm,
> Interesting. Is it obligatory to join your slack in order to receive Bytether?
No, not really. In term of receiving Bytether, we have two main steps.
Step one is for BTC holders who have BTC before a block, that we will inform later. The holder need to verify their ownership of a BTC address in order to claim the same amount of BTH. We will have smart contract to verify and claim BTH.
Step two to grow the user pool. We will distribute 1.000.000 BTH to whitelisted BTH users. The whitelisting process hasn't been finalized yet. We need to see how people react to the project before decide the next move.
Join our Slack is one way to help us interact with the community and give updates asap.
> You should have a mailing list for that purpose.
Yes, we will definitely have it soon. However, we need to have one central place to provide information to people.
Currently, we have to use multiple platforms / channels to do announcement since we have no choice. But it would be better to have one place to inform you all about when to launch whitelist registration, claiming process and so on.
Thank you.
> Interesting. Is it obligatory to join your slack in order to receive Bytether?
No, not really. In term of receiving Bytether, we have two main steps.
Step one is for BTC holders who have BTC before a block, that we will inform later. The holder need to verify their ownership of a BTC address in order to claim the same amount of BTH. We will have smart contract to verify and claim BTH.
Step two to grow the user pool. We will distribute 1.000.000 BTH to whitelisted BTH users. The whitelisting process hasn't been finalized yet. We need to see how people react to the project before decide the next move.
Join our Slack is one way to help us interact with the community and give updates asap.
> You should have a mailing list for that purpose.
Yes, we will definitely have it soon. However, we need to have one central place to provide information to people.
Currently, we have to use multiple platforms / channels to do announcement since we have no choice. But it would be better to have one place to inform you all about when to launch whitelist registration, claiming process and so on.
Thank you.
October 11, 2017, 11:20:04 AM
Interesting. Is it obligatory to join your slack in order to receive Bytether? You should have a mailing list for that purpose.
October 11, 2017, 11:11:09 AM
Thank you very much for your information, trannamtan. Your post formatting is much better than mine haha. Please don't mind that I am going to copy your format to make the first post look better.
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BTW, has anyone checked our website, any questions? or maybe visit our slack for more information?
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BTW, has anyone checked our website, any questions? or maybe visit our slack for more information?
October 11, 2017, 09:41:22 AM
Haha, thank you
How do you think about our coin
BTW, I am new to the forum, how to get more activity and be able to post image?
Images in posts disabled for newbies.You can check it out here:How do you think about our coin
BTW, I am new to the forum, how to get more activity and be able to post image?
https://bitcointalksearch.org/topic/images-in-posts-disabled-for-newbies-1172918
Image disabled is converted to automatic link. When a poster becomes a Jr member, it automatically shows all images that you have posted before.
And Forum ranks:
https://bitcointalksearch.org/topic/forum-rankspositionsbadges-what-do-those-shiny-coins-under-my-name-mean-178608
October 11, 2017, 09:27:48 AM
October 11, 2017, 09:21:26 AM
Reserve for future use too
October 11, 2017, 09:12:48 AM
Haha, thank you
How do you think about our coin
BTW, I am new to the forum, how to get more activity and be able to post image?
How do you think about our coin
BTW, I am new to the forum, how to get more activity and be able to post image?
October 11, 2017, 08:14:59 AM
Yes, reserved for future too
October 11, 2017, 08:05:12 AM
We answered frequently asked questions here:
1. Why is my BTH not shown?
2. If no one claim BTH, what will Bytether team do with the rest of 17 million BTH?
3. How can we check the usage of BTH marketing and user grow pool fund?
4. The transaction fee is too high for me, how can I reduce it?
----
Bytether AirDrop link
You just need to create a Facebook post, a tweet or a blog post then claim Bytether from the user pool.
If you have Bitcoin, it even better, just go and claim it here
Oh Wait, ... You can also refer friends to get 10% from their claimed BTH
1. Why is my BTH not shown?
2. If no one claim BTH, what will Bytether team do with the rest of 17 million BTH?
3. How can we check the usage of BTH marketing and user grow pool fund?
4. The transaction fee is too high for me, how can I reduce it?
----
Bytether AirDrop link
You just need to create a Facebook post, a tweet or a blog post then claim
Bytether from the user pool.If you have Bitcoin, it even better, just go and claim it here
Oh Wait, ... You can also refer friends to get 10% from their claimed BTH
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