Please go to the Breakout Chain Thread HereBrief BackstoryThe thread below is the thread for a coin called "Brocoin" commissioned by "Breakout Coin", a coin company. Brocoin was never implemented, due to lack of funds. The original developer , Jay Berg, was a hired consultant, and we were not able to keep him full-time. Jay moved on to a new exciting project, Protoblock.com.
The Breakout Coin project hired a new developer, James Stroud, who completed a ground breaking coin, called "Breakout Chain", with help from, and features inspired by Jay's "Bergstake". Breakout Chain not only has a innovative staking mechanism, but is also a Proof-of-Work chain with many novel existing and planned features. Breakout Chain's features are designed to complement Breakout Coin's business model of seeding mass adoption by providing promotional funds to promising businesses.
You can read more at
https://bitcointalksearch.org/topic/m.15185942, and the
Breakout Coin website.
Revolutionizing Cryptocurrency and Online Gaming
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Breakout Coin (BRO) puts the power in usersí hands, enabling ìperson-to-personî transactions without middlemen such as banks or credit cards. There is no five day processing wait, your account canít be frozen, and the digital coins can be sent virtually instantly with zero or low fees to Argentina, China, or wherever you want. Sending a BRO is simple and just like sending an email. BRO is Proof-of-Bergstake (PoB). PoB is a new and innovative solution to eliminate energy waste prevalent with current PoW mining.
Proof-of-BergstakeThere will be a one-to-one ratio of Bergstake for all ìvirginî coins. This will mark the first time a real distributed consensus has been reached via Proof-of-Stake, thanks to Bergstake.
ìPerpetual Virtual Mining RigîThe more Bergstake you possess, the better your chances of signing the block and earning the block reward. Odds of earning the block reward for each block is tied to the proportion of Bergstake.
Algorithm: Proof-of-Bergstake
Total Supply ~ 19.5M BRO
Block Time Target: 3 minutes
PoB Block Reward: 1 million coins annually ~5.71 BRO block reward
Proof-of-Bergstake to Solve Known Problems
Bergstake represents the right to sign blocks in cryptocurrency blockchains. For keeping the network safe, block signers receive reward, which can be transaction fees and/or new coins. Bergstake is different from classic coin-stake ñ it lasts forever and itís not transferable. The concept is a modified ìProof-of-Skillî, first described in the Satoshi Fantasy whitepaper by Jay Berg. While each coin is crafted, whether itís in the pre-mine giveaway or Proof-of-Work stage, the holder of those new coins automatically receives an equivalent amount of Bergstake. Even if the new coins are transferred away, the Bergstake remains. All Bergstake are recorded in the blockchain and owners maintain their private keys.
Proof-of-Bergstake is better understood as an alternative distributed consensus mechanism to the Bitcoin Proof-of-Work mining process. Bergstake solves known issues found in Proof-of-Stake (PoS) blockchains. Bergstake blockchains also have knowledge of alternative forks. This enables someone to present a ìProof-of-Double-Miningî which will destroy the Bergstake as well as its potential block reward. The threat of losing Bergstake and recent virgin coins is incentive to mine only the ìrealî blockchain. This core feature neutralizes the ìnothing-at-stakeî weakness found in PoS blockchains.
The algorithm that selects the next block-signer can be gamed in other PoS blockchains. The strategy is known as ìstake-grindingî or ìcostless simulationî, and it entails a nefarious type of ìminingî of block data intended just to generate a hash, which allows the signing of the next block. Since Bergstake is recognized in advance, a block-signer assignment algorithm that moderates grinding can be employed. A technique used frequently involves the use of the hash of two prior signers in order to select another signer; another technique entails the selection of N signers based on a pseudo-random number and a current signer.
Breakout Gaming wants to make online gaming easy for everybody by helping them enjoy the most thrilling games. People all over the world in regions without proper banking systems want to play games online: We let them do that. Breakout Gaming is the first gaming platform to feature Breakout Coin (BRO), which is used to buy chips and play the platformís amazing games.
Bonner Bellew and Joshua Wells, Creative Directors of Soda & Lime, created the incredible style of Breakout Gaming. The company prides itself on strategic client decisionsófocusing on aesthetics and user-friendly design while creating integrated campaigns for top entertainment companies including Sony, Disney, Universal, Warner Bros, HBO, Fox, and more. Soda & Lime will also be leading the marketing campaign that will bring Breakout Gaming mainstream.
BREAKOUT EXCHANGEBreakout Exchange will be available to players outside of the United States and Canada, initially allowing trading of cryptocurrency pairs BTC/BRO and LTC/BRO. Breakout Coin (BRO) will have itís start here, but will quickly be adopted into many other familiar crypto exchanges.
To allow more players to use BRO, currencies beyond Bitcoin and Litecoin, such as Dogecoin and Peercoin, will be added. By pairing BRO with new cryptocurrencies, the existing Breakout Gaming playerbase experiences enhanced liquidity. The Breakout Exchange can constantly expand access for both present and prospective users.
CASHIERThe Cashier will function exactly like any of the worldís other casino cashiers. In Las Vegas, casinos will only accept U.S. dollars in exchange for the exclusive chip used to play their games. At Breakout Gaming, players will be able to use BRO or ìfiatî currency to buy exclusive BRO denominated chips, bringing that familiar mindset and practice to the Breakout Gaming platform.
GLOBAL ACCESS: PRO FANTASY SPORTSReady to test your skills in exciting daily fantasy sports competitions? Then youíve come to the right place. Breakout Gaming is the site that gives sports enthusiasts the opportunity to win big on the following daily fantasy sports; NFL, NBA, MLB, NHL, GOLF and NASCAR. Watch for exciting new Fantasy games in the future, such as UFC and eXtreme Sports.
Daily fantasy sports games are open to players of all skill levels. You can compete against your friends and other sports fans. We offer competitive, exciting games all season long. Daily fantasy sports are new to some, but once you start playing, youíll never go back to traditional fantasy sports competitions.
Breakout Gaming stands out ahead of other daily fantasy sports websites because our players can compete without having a bank account. Instead, players simply use BRO. Fantasy sports is a game of skill and anyone, anywhere in the world can play, with more than 33 million people in the United States alone. Get in on the action today and start competing for big prizes daily on your favorite professional sports.
INNOVATIVE GAME: FANTASY CRYPTOFantasy Crypto pits crypto enthusiasts against the market, and each other, in real-time! †In a brand new game of skill, and a dash of luck, players pick the cryptocurrencies they believe will make the biggest move. Selecting cryptocurrencies is much like picking players in teams, limited by salary caps. Choose your coin lineup, selecting five Offense (up) and five Defense (down) from five categories based on key features. The games may be daily, weekly, 4-weeks, or longer. Your final score is the sum of your Teamís Playersí points at the end of the game period.
The cryptocurrency that changed the most in its group and in your anticipated direction earns five points; the second most earns three points, and the third earns two points. You will have picked three cryptos up and three down in each of five groups. †A perfect score would be (5+3+2) x 2 * 5 = 100 points. The lowest number of points would be zero. The game prize will †be shared across the Top 10 gamers.
The monitored cryptocurrency stats are equivalent to player stats in Fantasy Sports. To assure timeliness and transparency, data will be updated every 5 minutes and consistent with most coinmarketcap.com conventions.
Many new Crypto Games are in the pipeline for Breakout Gaming. The objective is not just to be fun and rewarding to play, but to gain and share insights within the Crypto Community. What are the features of coins that make them succeed or fail, e.g., premine percent, security, theme, privacy, etc.? How exactly do you predict a winner or a loser? What are the market conditions that favor or hurt various coins? Are there algorithms that enable one to pick direction and duration of price moves? We want vibrant discussions and discoveries about cryptocoins, as well as fun and games!
THE eSPORTS REVOLUTION: FANTASY eSPORTSCompetitive video gaming, also known as electronic sports (eSports), is exploding and major sponsors such as Intel, Coca Cola and American Express are already investing heavily in the next major global phenomenon. Over ten thousand people packed Seattleís Key Arena to watch teams duke it out for a chance at a $10 million prize pool this July at Valveís The International 2014, and the winners earned over half a million dollars individually after taxes and team cuts; enough for the teamís captain to retire at the age of 24.
Breakout Gaming will be entering the eSports market by sponsoring and hosting major tournaments. Our first tournament will be attended by some of the most prestigious names in professional video gaming. With our cryptocurrency and investment into eSports, we hope to attain the biggest audience possible. Our new and exciting fantasy eSports platform will tap into this red-hot market in the United States.
Our fantasy eSports section will launch with the iconic multiplayer titles League of Legends (LoL) and Dota 2, the two most played multiplayer online battle arena (MOBA) games.
If youíve ever played fantasy sports, youíll find fantasy eSports works the same way. Youíre given the opportunity to construct a fantasy team by choosing different players from different (or the same) teams to create your roster, and points are allocated depending on your rostersí performance, just like in sports.
OLD-SCHOOL COOL: TRADITIONAL POKER AND CASINO GAMESBreakout Gaming has a massive list of poker and casino games to offer players. By using creative design and a user-friendly interface, bringing these highly-popular games to a modern platform will shake the online gaming industry. Pair that with cryptocurrency, and youíve got the gaming revolution on your hands.
Initial Coin Sale: Up to 10 million Genesis Breakout Coins with Bergstake priced from 1000 to 6600 BRO per BTCBreakout Coinís (BRO) Initial Coin Sale is a unique chance for crypto enthusiasts and gamers all over the world to seize the opportunity to get in on the ground floor.
What will the Sale funds be used for? Continuing Coin DevelopmentTo maintain leadership among cryptocoins, new coin features will be developed continuously. Here are some examples of planned developments:
- Marketing for BRO and Breakout Gaming
- Stealth Address Wallet
- Custom Bergstake Pools
- Continued Bergstake Development
- Ongoing Security Maintenance of the Coin
- Additional Coin Development Staff
- Bounty Program Development Projects
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Distribution of BRO at launch- 12.8% - 2.5 million ñ Developers, Marketing, Pros, Bounties, Ops
- 51.2% - 10 million ñ Initial Coin Sale, Genesis block + Bergstake
- 35.8% 7 million ñ Giveaways - 2 year distribution schedule
Giveaways Distribution ScheduleIn order to facilitate widespread adoption, 7 million BRO will be given away for free through incentive programs in order to help market and support the coin. There will be free tournaments, referral bonuses, sign-up bonuses, plus many more ways to snag your free coins. The distribution schedule will be as follows:
As an incentive, early buyers will be rewarded with bonus BRO on a sliding scale. The incentive model will be as follows:
