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Topic: [ANN][BitZY Decentralized Anonymous Crypto Currency] (Read 3214 times)

sr. member
Activity: 742
Merit: 252
Moonbet.io | Web3 Casino
Any bounty available for this project? Social Media bounty maybe?



Here you have bounty campaign:
https://bitcointalksearch.org/topic/bitzy-decentralized-anonymous-crypto-currency-bounty-campaign-2057083

But it looks like nobody get payment.. This project is probably scam.
sr. member
Activity: 280
Merit: 250
"BitZY is a new innovative anonymous crypto currency. Due to regulations being imposed by the government regarding cryptocurrencies and bitcoin we have decided to create a new anonymous way of trading and sending cryptocurrencies. BitZY will have a standard value. Bitcoin can be transferred into BitZY then sent to a receiving address the recipient can then convert BitZY into bitcoin or hold it hoping the value increases. Most cryptocurrencies (Including Bitcoin) are easily trackable. (You can view all transaction histories for different addresses). With BitZY we will make it so this is not possible giving you a fully anonymous wallet.

BitZY's base is the same as Bitcoins and Zcash - 21 Million BitZY Coins (BTZ) will be mined over time using a proof of work. It will have the ability to be transferred globally and traded on exchanges. 5% of the mining reward will be distributed amongst the development team and stakeholders."
So you are creating BitZY because you feel governments are imposing regulations on bitcoins, so bitcoiners can convert Bitcoins to BitZY and again to Bitcoin. Why will not someone use an established altcoin than something new? And if the governments can impose regulations on Bitcoins, what stops them to put a regulation on you and your BitZY?

How can BitZY's base be the same as Bitcoins and ZCash, they may have the same number of coins, but they are not the same and have their own distinct system. Which is the one you, I mean your BitZY coin is going to follow?

Thank-you for your questions.

So you are creating BitZY because you feel governments are imposing regulations on bitcoins, so bitcoiners can convert Bitcoins to BitZY and again to Bitcoin. Why will not someone use an established altcoin than something new? And if the governments can impose regulations on Bitcoins, what stops them to put a regulation on you and your BitZY? We are creating a decentralized token using cryptonote and following data protection processes. We will be developing both Monero and Zcash's features into a new anonymous token. By doing this we are remodelling both tokens.


How can BitZY's base be the same as Bitcoins and ZCash, they may have the same number of coins, but they are not the same and have their own distinct system. Which is the one you, I mean your BitZY coin is going to follow? The only similarities BitZY has with bitcoin is the number of tokens and the sending and receiving of them. We are going to be adapting the code base of Zcash.

Thanks.
sr. member
Activity: 420
Merit: 250
Proof-of-Asset Protocol
Any bounty available for this project? Social Media bounty maybe?

legendary
Activity: 924
Merit: 1000
reserved. where is the github repo?
hero member
Activity: 1680
Merit: 505
This project is alive or was it just a poor attempt of scam?

No updates from few days! OP Last Active:    August 07, 2017, 06:53:35 AM

Project Bitcoin wallet empty: https://blockchain.info/address/17G25rCGnTvKhb3RwzdFh9ooycZUfbDtxo

Very poorly organized..
sr. member
Activity: 546
Merit: 261
Moonbet.io
Logo has already been created please scroll up to see. Please send link when translation complete and check out

https://bitcointalksearch.org/topic/bitzy-decentralized-anonymous-crypto-currency-bounty-campaign-2057083

For updated payments etc

i'm sorry i cancel the reservation, it has translated by someone else. thanks a lot for your respons dev.  Wink Wink Wink
newbie
Activity: 28
Merit: 0
"BitZY is a new innovative anonymous crypto currency. Due to regulations being imposed by the government regarding cryptocurrencies and bitcoin we have decided to create a new anonymous way of trading and sending cryptocurrencies. BitZY will have a standard value. Bitcoin can be transferred into BitZY then sent to a receiving address the recipient can then convert BitZY into bitcoin or hold it hoping the value increases. Most cryptocurrencies (Including Bitcoin) are easily trackable. (You can view all transaction histories for different addresses). With BitZY we will make it so this is not possible giving you a fully anonymous wallet.

BitZY's base is the same as Bitcoins and Zcash - 21 Million BitZY Coins (BTZ) will be mined over time using a proof of work. It will have the ability to be transferred globally and traded on exchanges. 5% of the mining reward will be distributed amongst the development team and stakeholders."
So you are creating BitZY because you feel governments are imposing regulations on bitcoins, so bitcoiners can convert Bitcoins to BitZY and again to Bitcoin. Why will not someone use an established altcoin than something new? And if the governments can impose regulations on Bitcoins, what stops them to put a regulation on you and your BitZY?

How can BitZY's base be the same as Bitcoins and ZCash, they may have the same number of coins, but they are not the same and have their own distinct system. Which is the one you, I mean your BitZY coin is going to follow?

Thank-you for your questions.

So you are creating BitZY because you feel governments are imposing regulations on bitcoins, so bitcoiners can convert Bitcoins to BitZY and again to Bitcoin. Why will not someone use an established altcoin than something new? And if the governments can impose regulations on Bitcoins, what stops them to put a regulation on you and your BitZY? We are creating a decentralized token using cryptonote and following data protection processes. We will be developing both Monero and Zcash's features into a new anonymous token. By doing this we are remodelling both tokens.


How can BitZY's base be the same as Bitcoins and ZCash, they may have the same number of coins, but they are not the same and have their own distinct system. Which is the one you, I mean your BitZY coin is going to follow? The only similarities BitZY has with bitcoin is the number of tokens and the sending and receiving of them. We are going to be adapting the code base of Zcash.
legendary
Activity: 1652
Merit: 1057
"BitZY is a new innovative anonymous crypto currency. Due to regulations being imposed by the government regarding cryptocurrencies and bitcoin we have decided to create a new anonymous way of trading and sending cryptocurrencies. BitZY will have a standard value. Bitcoin can be transferred into BitZY then sent to a receiving address the recipient can then convert BitZY into bitcoin or hold it hoping the value increases. Most cryptocurrencies (Including Bitcoin) are easily trackable. (You can view all transaction histories for different addresses). With BitZY we will make it so this is not possible giving you a fully anonymous wallet.

BitZY's base is the same as Bitcoins and Zcash - 21 Million BitZY Coins (BTZ) will be mined over time using a proof of work. It will have the ability to be transferred globally and traded on exchanges. 5% of the mining reward will be distributed amongst the development team and stakeholders."
So you are creating BitZY because you feel governments are imposing regulations on bitcoins, so bitcoiners can convert Bitcoins to BitZY and again to Bitcoin. Why will not someone use an established altcoin than something new? And if the governments can impose regulations on Bitcoins, what stops them to put a regulation on you and your BitZY?

How can BitZY's base be the same as Bitcoins and ZCash, they may have the same number of coins, but they are not the same and have their own distinct system. Which is the one you, I mean your BitZY coin is going to follow?
full member
Activity: 218
Merit: 100
Payment will be made in 1week we are constructing the list currently, The signature is being created and will be available soon and we are organising a bounty campaign manager and putting funds in escrow.
Thanks
can I manage the bounties progam for social media and bitcoingarden forum
newbie
Activity: 28
Merit: 0
Payment will be made in 1week we are constructing the list currently, The signature is being created and will be available soon and we are organising a bounty campaign manager and putting funds in escrow.
Thanks
sr. member
Activity: 742
Merit: 252
Moonbet.io | Web3 Casino

How we can join signature campaign? Where we can find signatures?
How we can join twitter campaign? How we know if we are accepted?
Do you have list of participants?
When will be made payment for campaigns? I mean when campaigns are starting and when will be released payment?



The twitter campaign has already started please check our bounty campaign for more information

Thank you for answear about twitter.
 
Can you answer for other questions?
newbie
Activity: 28
Merit: 0
"BitZY is a new innovative anonymous crypto currency. Due to regulations being imposed by the government regarding cryptocurrencies and bitcoin we have decided to create a new anonymous way of trading and sending cryptocurrencies. BitZY will have a standard value. Bitcoin can be transferred into BitZY then sent to a receiving address the recipient can then convert BitZY into bitcoin or hold it hoping the value increases. Most cryptocurrencies (Including Bitcoin) are easily trackable. (You can view all transaction histories for different addresses). With BitZY we will make it so this is not possible giving you a fully anonymous wallet.

BitZY's base is the same as Bitcoins and Zcash - 21 Million BitZY Coins (BTZ) will be mined over time using a proof of work. It will have the ability to be transferred globally and traded on exchanges. 5% of the mining reward will be distributed amongst the development team and stakeholders."
hero member
Activity: 2576
Merit: 586
Biggest Joke of the century. I was trying to see the whitepaper of this coin and their website says
Quote
Due to adapting and adhering to various different currencies that have been released we will be referencing their whitepapers rather than providing our own. We have decided against writing our own whitepaper as all the technologies and tech info will be available on the referenced material.
Cryptonote - https://cryptonote.org/whitepaper.pdf
monero- https://lab.getmonero.org/pubs/MRL-0001.pdf
Dash- https://www.dash.org/wp-content/uploads/2015/04/Dash-WhitepaperV1.pdf
Zcash- http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf
Are you serious or on weeds ? You are referring other Altcoin's whitepaper as reference and hence according to you don't need a whitepaper of your own!
newbie
Activity: 28
Merit: 0
Having our own whitepaper was something we did discuss but we found that it would be irrelevant as any of the required information you need will be easily obtainable through referenced material. We have outlined what our project is going to do.

Thanks
hero member
Activity: 1113
Merit: 507
Don't Get Involved
Why there is no information about team work?
hero member
Activity: 686
Merit: 500
A crypto currency without any whitepaper and showing whitepaper of others is really confusing.
Either the promoter does not know what he is doing or he is taking others for granted that everyone will believe whatever he says. This is the first crypto perhaps without any whitepaper.
newbie
Activity: 28
Merit: 0

How we can join signature campaign? Where we can find signatures?
How we can join twitter campaign? How we know if we are accepted?
Do you have list of participants?
When will be made payment for campaigns? I mean when campaigns are starting and when will be released payment?



The twitter campaign has already started please check our bounty campaign for more information
newbie
Activity: 28
Merit: 0
Can you explain this two

Fund allocation
2.5% Bounty – 525,000
30% Development – 6,300,000
67.5% Fundraising -  14,175,000
What is this crowd fund participation address and what is the purpose of posting it ? Are you asking people to send you money on that address to crowd fund your project? What do you mean by 67.5% fundraising in Fund Allocation?
[/quote]

I have reworded this to save confusion -
Token allocation
2.5% Social bounty fund – 525,000
30% Development fund – 6,300,000
67.5% project Fundraising -  14,175,000

Social bounty fund - twitter , signature campaigns , blogs & articles.

Development reward fund- stress tests , hackathons, bug bounties, developer rewards.

Project Fundraising:
These are the tokens distributed to investors

The crowdfund participation address is being used to raise funds for our project.
sr. member
Activity: 742
Merit: 252
Moonbet.io | Web3 Casino

How we can join signature campaign? Where we can find signatures?
How we can join twitter campaign? How we know if we are accepted?
Do you have list of participants?
When will be made payment for campaigns? I mean when campaigns are starting and when will be released payment?
hero member
Activity: 770
Merit: 505
As the majority of the raised funds will be used for project development we do not believe escrow will be helpful at this stage. Plenty of research has gone into our project so far and we strive to succeed in all aspects. We have this forum post to answer any queries or questions you may have on information supplied or not supplied.


Thanks
Oh really? You have done plenty of research on your project ? Can we have the information and credibility of the honorable researchers please ? And what do you mean by 'Majority of the raised fund will be used for project development ?'

What fund are you talking about ? The Initial Coin Release ? And majority of them will be for development ? Doesn't make sense to me.
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