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Topic: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange beta - page 25. (Read 151836 times)

member
Activity: 111
Merit: 10
My avatar is in the shop
Ah! The wallet is stuck... first it got exponentially slow to download.
Now it is stuck, saying 14243 blocks remaining.
Please advise. (note: I am using the correct addnode and config)
full member
Activity: 140
Merit: 100
yes, bitstar is one of the fastest coins...
sr. member
Activity: 480
Merit: 250
some i can answer:

questions from someone new to this coin to others in this discussion thread who've been more closely following it:
could anyone summarise what's special about it?

In my opinion what's special about it (NOT including future features) is the following:

1. Solid developers (crucial for any coin)
2. FAST transactions - seriously if you've ever sent someone BITS it's amazing how fast the transaction occurs and is confirmed.
3. Very low transaction fees ( 0.001 ) - Moving BITS around is not only really fast it's really inexpensive.
4. Long PoW period to ensure fair and decentralized distribution
5. Supports anonymous transactions for a fee
6. Limited supply - Most people haven't caught on to this yet. The MAXIMUM BitStar EVER is 54,256,119 which is pretty limited by any measure for a coin, but the CURRENT supply is only about 15.6 million.
sr. member
Activity: 252
Merit: 250
Quick summary on upcoming Stage 2 for the newcomers Grin Grin

We're now working on a new unseen feature, should have more news in the next week or so.  But won't announce it until it is ready.

Unseen feature is slightly delayed due to a dev pc dyeing and this chain sync issue, still expect 1-2 weeks before I'm ready to announce, not going to let on what it is early and risk somebody else doing it too though.  

I have thought about anon, but i have put that on hold for now as it seems like another "me too" feature, I'll reconsider it after the feature I'm working on now is complete if the community still really wants it.

I'll just leave this here....



... more info coming soon

sneak peak..



It may not be a "game changer" (is anything so far really?), it does make the wallet a whole lot more professional and useful in the real world applications which is the whole point, we can then start pushing it to be taken as a real world payment and it also hooks in to a lot of new plans we have coming not too far in the future.

It may not be a "game changer"

Ok, I want to clarify a few things here about what is happening with BITS, as I'm sure many of you are perking up at the idea of the coin finally being recognised for the commitment and effort the dev has been consistently giving these last few months.

Firstly, I'm not part of the dev team, I'm just someone who threw a few ideas at him a while back to see how he would run with them as this coin has always struck me as solid, but oh-so-quiet.

I have to say, right out, I absolutely disagree with his comment that the new features will not be a "game changer". In my honest opinion, I believe they are going to do exactly that, for BITS and, when they can figure out how to do it, other coins that will no doubt want to snatch some ideas from the new BITS wallet.

Whilst I do not feel it is my place to discuss the specifics of what is coming, I am able to confidently state that some of the new features will blow your tiny minds.

To give you a better idea of the direction I believe this coin project is going to go in, I would say look towards those other, more well-known coins, that are bringing value-added services to their stable in order to provide better functionality and greater utility. Whilst some of the new features will be centralised and managed by the dev, for now, the long term goals are to incorporate them into p2p decentralised structures.

I am sure you will recognise that it is far more valuable to have the features made available now that can bring so much more value across the board, to this coin, than to hold back and wait until the p2p advancements allow them to be implemented.

Whilst some coins are obsessing about Anonymous transactions, the rest of us just want something we can use, that we can play with and create a market for. That isn't to say that Anon isn't going to happen, it's just not what is going to elevate this coin above the rest.

Speaking of Anon, I had already mentioned to the dev that his continued anonymity might cause some reservation in those who would otherwise back the project and, like most of us, whilst he did think about it, he has said he *really* would rather not have to 'out' himself on the internet. I think this aspect is still a little controversial but I do absolutely understand, given the nature of some of the psychologies on display around this forum.

What I would say, instead, is that maybe we need to help him out ourselves in this regard and find some people who would be willing to become the public face of this project. That way he could privately communicate with them and keep his personal details offline, while the coin would gain a better image.

No, I'm not doing it, you lot are 'mostly harmless', but some are batshit crazy. Cheesy

So, now you know that things are definitely going to step up a gear, it's time for you to do a little more than HODL, you are going to have contribute ideas and make a little effort to allow the dev to do his dev thing while the promotion and marketing and whole 'social network' stuff, can be down to the rest of the BITS community.

Thanks for the replies, Yes I may have undersold the new wallet features a little, mainly because I've seen so many times other coins over hyping features and I didn't want to accidently over hype it as we want to be a stable currency.

Like cryptodevil says, it is a big feature and it will open up bits so much and will move it forward and I do think a lot of other coins will try and copy or emulate it, hence the secrecy of the new features.

Yes I don't personally want to give out my ID, like most on here I like my privacy.  I would understand people asking for it early on when we had a lot of premine left, but I think we've proven many times we're here for the long term.  

Some of the new features will not be decentralised to start with, so to allay your fears I can tell you we have 3 main people working on the coin and also some other people helping with other services.  The 3 main people have access to keep this coin going no matter what.

Regarding promoting the coin, this bit is always the hard bit to get right, we tried huge give aways to start with, but that didn't seem to help, we then did large give aways on the multipool, again not a massive change, we've had a lot of offers of paid for adverts etc, but I've so far not answered any of these, maybe we should have gone via this method.  If any of you like this idea, we can set up a wallet btc and/or bits for donations towards paying for advertising.

Thanks for your continued support, now back on with coding...

Whilst I can confidently state that this coin has a bright future, I am going to ask that the dev continue to do as they have done so far, in not setting dates for project milestones.

I'm sure we've all seen what happens in both coin threads and market prices, when a date is given for a particular update to be released, namely, the short-term speculators start circling and the price gets pushed all over the place artificially. Should there be any delay to a scheduled milestone, the whole place goes insane with panic sells and threads being spammed with rabid demands for action or, my personal pet hate, incessant trading-related memes.

This completely drowns out the rational discussion that would otherwise be taking place about the project.

The new wallet is coming very soon. That's all you need to know right now and that's all you will be told right now.

After it has been released there will be other milestones announced for the next stages of the project, which will also not be given specific dates.

As an asides, I wouldn't worry too much about getting the coin onto other exchanges. You'll see what I mean in due course.

Sorry for the lack of updates this weekend, been busy trying to get the new service ready for today,  I'm very close but don't think It will be today any more, as always happens none crypto work took longer than expected this week and then the services code took a bit longer on each stage, but better to get it right first time than cause issues later.

I'm down to 4 last things to implement and test, so expect to see the update this week, and as I have said before, this is only the first part, will give more information on the next stage when we release the update.

Multipool wise, due to the lack of use again payouts have slowed to a crawl as I cannot meet the minimum for trades, there should be a payout tomorrow though.

April 17, 2014, 07:06:38 AM
Premine breakdown
25% For Mentelity Foundation charity (400k) http://www.mentelityfoundation.org
50% Giveaways via bounties, irc and multipool (800k - Fully spent)
25% development of unseen advanced coin features (400k - Fully spent)

Premine expenditure information posted 2.5 months ago for transparency:
https://bitcointalksearch.org/topic/m.6405253

Bitstar is not a pump and dump coin. We are here for the long run.

I believe everything should be on OP. Dev and team are always active in responding to everyone's questions//concerns. I hope this answer some of your questions. I'm sure Dev and team will assist you with the rest.

Have a good day.
full member
Activity: 140
Merit: 100

http://multipool.bitstarcoin.com  just kicked me and everybody else off.

What is going on? Are they down?

Please advise.

I think Dev mentioned that he'll look into multipool yesterday, so I'm sure he's well aware of the situation.

yeah he ( the mp dev ) is.

edit: is up again.
sr. member
Activity: 252
Merit: 250

http://multipool.bitstarcoin.com  just kicked me and everybody else off.

What is going on? Are they down?

Please advise.

I think Dev mentioned that he'll look into multipool yesterday, so I'm sure he's well aware of the situation.
member
Activity: 111
Merit: 10
My avatar is in the shop

http://multipool.bitstarcoin.com  just kicked me and everybody else off.

What is going on? Are they down?

Please advise.
sr. member
Activity: 252
Merit: 250
Great job with the communication to new investors. I hope you guys scroll up and thoroughly read what was posted earlier (mine and theone).
full member
Activity: 224
Merit: 100
some i can answer:

questions from someone new to this coin to others in this discussion thread who've been more closely following it:
could anyone summarise what's special about it?

Quote
were basic aspects ready at launch - wallet, blockexplorer, website, whitepaper and/or features, etc. - or is the [ANN] promise-heavy?
>> blockexplorer was there, website was there, they had some issues on the staking

Quote
have the devs delivered on their promises?
>> dev has fully fixed the wallet, did 2 updates, afaik... got nice update messages, like a pro

Quote
Any hidden problems -
>> checked code, couldnt find any

Quote
premines?
>> yes, there were premines, most of it was given away for free in the irc channels using custom giveaway bots. people tried to game the system. so they stopped.
>> they have reserved 400k for the mentelity foundation of snowboardster bibian mentel.

Quote
instamines?
>> no instamine. fair chance to get first blocks

Quote
well distributed? is there a rich list?
>> i can build that if needed ( a realtime one ). for some donation.

Quote
buggy code?
>> no

Quote
are these are hard core programmers, not "copy-paste" devs or middlemen? When bugs/fork challenge pop up, are they fixed quickly?
>> fairly quickly. main wallet dev has fulltime job. fixes mostly done within a week.

Quote
dev squabbles?
>> lol, whats that

Quote
any "proof of developer"? Is the entirte dev team anonymous -- and even if so, does it at least have a solid reputation here on bitcointalk?
>> there are multiple devs who are all knowledgeable. mostly present in the internet business. some of them have own businesses ( company directories, seo company, ebay based businesses, one build a desktop
search engine, like google desktop search on his own.. he used parts of bitcoin code to build it etc )


how i know all this? irc.


Thank you - much appreciated.
newbie
Activity: 38
Merit: 0
full member
Activity: 140
Merit: 100
some i can answer:

questions from someone new to this coin to others in this discussion thread who've been more closely following it:
could anyone summarise what's special about it?

Quote
were basic aspects ready at launch - wallet, blockexplorer, website, whitepaper and/or features, etc. - or is the [ANN] promise-heavy?
>> blockexplorer was there, website was there, they had some issues on the staking

Quote
have the devs delivered on their promises?
>> dev has fully fixed the wallet, did 2 updates, afaik... got nice update messages, like a pro

Quote
Any hidden problems -
>> checked code, couldnt find any

Quote
premines?
>> yes, there were premines, most of it was given away for free in the irc channels using custom giveaway bots. people tried to game the system. so they stopped.
>> they have reserved 400k for the mentelity foundation of snowboardster bibian mentel.

Quote
instamines?
>> no instamine. fair chance to get first blocks

Quote
well distributed? is there a rich list?
>> i can build that if needed ( a realtime one ). for some donation.

Quote
buggy code?
>> no

Quote
are these are hard core programmers, not "copy-paste" devs or middlemen? When bugs/fork challenge pop up, are they fixed quickly?
>> fairly quickly. main wallet dev has fulltime job. fixes mostly done within a week.

Quote
dev squabbles?
>> lol, whats that

Quote
any "proof of developer"? Is the entirte dev team anonymous -- and even if so, does it at least have a solid reputation here on bitcointalk?
>> there are multiple devs who are all knowledgeable. mostly present in the internet business. some of them have own businesses ( company directories, seo company, ebay based businesses, one build a desktop
search engine, like google desktop search on his own.. he used parts of bitcoin code to build it etc )


how i know all this? irc.
full member
Activity: 224
Merit: 100
questions from someone new to this coin to others in this discussion thread who've been more closely following it:
could anyone summarise what's special about it?

were basic aspects ready at launch - wallet, blockexplorer, website, whitepaper and/or features, etc. - or is the [ANN] promise-heavy?
have the devs delivered on their promises?
Any hidden problems -
premines?
instamines?
well distributed? is there a rich list?
buggy code?
are these are hard core programmers, not "copy-paste" devs or middlemen? When bugs/fork challenge pop up, are they fixed quickly?
dev squabbles?
dev complacency?
missed deadlines?
any "proof of developer"? Is the entirte dev team anonymous -- and even if so, does it at least have a solid reputation here on bitcointalk?
How does the coin production/distribution setup provide insulation from the risk of massive miner/whale dumps? Is there an estimate out there of the max # of daily BTC trading volume that might be needed to absorb mined coins?
Anything to worry about?

When is the next significant development update (code, screenshots and/or whitepaper/proof-of-concept or something else?) expected to come out?
sr. member
Activity: 252
Merit: 250
when is the announcement coming

I'm sure dev will release ann when the time comes (within a few days)? It's better not to have an ETA after Vootcoin's controversy.
hero member
Activity: 686
Merit: 500
when is the announcement coming
full member
Activity: 168
Merit: 100
If you aren't comfortable ........

Why is this coin up so much?

Stage 2 is almost done. 2 more things + new server then we find out what it is. Then we hear about stage 3. We are expecting great things. Market cap is now $160,000 so still could go up another 5x or more if everything is well received. Everyone here is pumped.
full member
Activity: 314
Merit: 100
einc.io
Releases are imminent that is why Smiley
sr. member
Activity: 420
Merit: 250

Why is this coin up so much?
sr. member
Activity: 252
Merit: 250
It'd be amazing to see Bitstar hit front page today. Will def. be a milestone!
sr. member
Activity: 252
Merit: 250
bitstar is definately getting noticed.

If you guys dump your bits now... you might not get in for cheap. Look at the sell order. No one wants to sell, especially with the new update around the corner.
full member
Activity: 140
Merit: 100
bitstar is definately getting noticed.
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