Pages:
Author

Topic: [ANN][SegWit2X] Together we will see a business through. - page 12. (Read 53373 times)

sr. member
Activity: 560
Merit: 261
PLAN TO OWN ANY NEW EXCHANGE


I don't see any reason any decent exchange will list it at this stage.
newbie
Activity: 68
Merit: 0
PLAN TO OWN ANY NEW EXCHANGE
copper member
Activity: 112
Merit: 0


SegWit2X Adopts the Hybrid Consensus POW & POS

There are two main mechanisms providing the consensus helping to confirm new blocks on a distributed ledger called a Blockchain. These are POW (Proof-of-Work) and POS (Proof-of-Stake). POW mining makes use of high powered computer hardware to deduce a desired sequence of numbers to create consensuses. The more efficient the mining machine is, the higher is the profit in terms of cryptocurrency rewards. When during the mining, POW only is used then the whole system is vulnerable to ‘51% Attack’. It means that whoever holds 51% of the network’s mining power could manipulate the Blockchain (cease new transaction confirmation and be able to double-spend coins). POS mining mechanism allows miners receive rewards using very minimal resources in terms of hardware and software. The new block creator is chosen in a deterministic way and the miners with larger amounts and holding tokens longer than other fellows are more likely to receive rewards.

The SegWit2X team decided to adopt the Hybrid POW+POS consensus mechanism. It will maximize user engagement and is beneficial for both parties.

How does the Hybrid B2X mining work?

 9 out of 10 blocks are mined with the help of POW mechanism and the last one, the 10th is mined using POS. The user's stack starts participating in mining if there is no activity on the wallet address as well as  "maturation", which takes place after 8 hours and 100 blocks.
 
 Having B2X coins on the wallet users are able to mine the 10th block. The updated B2X official wallets are already available to download but it’s important to backup wallet.dat before the installation of new wallets without fail.
 
 A user connects to the network, waits 8 hours and another 100 blocks, and then participates in the mining process. After receiving the award, the funds get frozen for 100 blocks.

The profitability of the Hybrid POW+POS censuses mechanism is static and equal to standard POW mining from every blocks.The most significant benefit of the hybrid consensus is that it eliminates the ‘51% Attack’ threat or at least makes it super complicated to activate.
member
Activity: 140
Merit: 10
Merit me or don't.
Hybrid Mining of PoW and PoS? That is an oxymoron if I ever heard one.
copper member
Activity: 112
Merit: 0


The Functionality of the Segwit2X Network Has Been Updated. Introducing Hybrid Mining

The SegWit2X softfork has happened recently on the 528750 block. The newest updates have turned the B2X into a really revolutionary and unique coin. As the result of the softfork, the hybrid mining POW & POS protocols are introduced.

Segwit2X is one of the first to implement hybrid currency mining, and now it is supported both by POW protocol thanks to mining equipment, and POS protocol due to the crypto currency availability on user’s accounts.

By doing so we are getting closer to Satoshi’s ideas – to make Bitkoin available to each and everyone, not just to the owners of enormous computation capacities. The POS/POW blocks ratio is 9:1. 

We would like to ask miners to turn their powers off and get updated to carry out the fork. Exchanges should update the code.
full member
Activity: 176
Merit: 110
hello what about this coin  Huh
copper member
Activity: 112
Merit: 0


A SegWit2X Partner - Zumminer Platform, Activates B2X Wallet

We received great news from one of our partners a couple days ago, cryptowallet provider and mining facility – Zumminer. The platform was among the first to support the fork and we are happy that they are backing up their words with deeds: Zumminer connected B2X wallets and provided all Bitcoin holders, who has used Zumminer wallet at the time of the fork, with B2X in the ratio of 1:1.

Please, follow our latest news and stay connected!
newbie
Activity: 69
Merit: 0
I really wonder how those who enter this project at 800 dollars would feel right now. But anyways , i will buy a few , you never know Smiley
hero member
Activity: 854
Merit: 502
How Big Wallet Sync Now? I have sync more than 1 day, still got 10%. Wallet is serous problem.

It's not the wallet, you have to download the whole bitcoin blockchain.  Figure 2-3 days

Better to download blockchain bitcoin to quickly solve sync problems, I've experienced the same thing but it's done.

NO development, no exchanger (exrates is not exchanger in my opinion) this shit coin will come to its end soon
newbie
Activity: 7
Merit: 0
I would love for somebody to take a look at the code > https://github.com/SegwitB2X/bitcoin2x/
What kind of POS have they developed?

Developed? Perhaps you meant copy&pasted.

Quote
By doing so we are getting closer to Satoshi’s ideas – to make Bitkoin available to each and everyone, not just to the owners of enormous computation capacities. The POS/POW blocks ratio is 9:1.

BitKoin for all. But not for the owners of enourmous computation capacities, better to the owners of enourmous pre-mined koins.
newbie
Activity: 22
Merit: 0
They activated a hybrid mining model POS/POW at rate 9:1 > https://b2x-segwit.io/news/article/43

I would love for somebody to take a look at the code > https://github.com/SegwitB2X/bitcoin2x/
What kind of POS have they developed?
sr. member
Activity: 560
Merit: 261
While the market is recovering from the bottom, this shit is trying to find the bottom all the time.
newbie
Activity: 7
Merit: 0
It's the time to team up with Litecoin Cash to revamp this **** (enter the word you prefer). I suggest to rename the project Satoshi Litecoin Segwit2x Cash. They have learned from this project how easy is to scam people. From now on, forks won't give you the same amount of coins you had in the original chain, but at least 10x.
member
Activity: 168
Merit: 10
Put it all on the line and go for broke
are these guys in lalaland? I don' t even know where you can sell any of these coins. It seems like all the forks are scams but I do have hopes for Bitcoin Atom. I hope they can deliver what they promised. These B2X guys should accept their failure and move on. I'm sure they made enough money already. They have no credibility.
full member
Activity: 218
Merit: 100
SegWit2X Team Works on Implementation of Hybrid Protocol Consensus POW & POS

As the result of the additional hardfork, the hybrid mining will be introduced. We decided to implement this function to make the mining process even more secure. SegWit2X team is also planning to adopt POW and POS mechanisms, and this intention is going to be realized by the end of february

ROFL, it's very hilarious this thread, fun never ends. In three months the only relevant lines in the git repo are related to the pre-mine, there isn't even the unique address format that should have been ready from day zero. And now the proof of stake, that's really a smart move when you pre-mined most of the coins. And in two weeks! What's next? Sharding for unlimited scalability? 1 Terabyte blocks?

Good Question, there is alltime space for improvments,
but they will scale 1000000 updates until the 1 Terabyte every week a new hardfork with a few megabyte more, so they have something to do!  Cool
Don´t forget this Coin is so Big ang great, they need all this space to handle all these transactions.
newbie
Activity: 7
Merit: 0
SegWit2X Team Works on Implementation of Hybrid Protocol Consensus POW & POS

As the result of the additional hardfork, the hybrid mining will be introduced. We decided to implement this function to make the mining process even more secure. SegWit2X team is also planning to adopt POW and POS mechanisms, and this intention is going to be realized by the end of february

ROFL, it's very hilarious this thread, fun never ends. In three months the only relevant lines in the git repo are related to the pre-mine, there isn't even the unique address format that should have been ready from day zero. And now the proof of stake, that's really a smart move when you pre-mined most of the coins. And in two weeks! What's next? Sharding for unlimited scalability? 1 Terabyte blocks?
newbie
Activity: 17
Merit: 0
B2x drained too much money of investers  Cry
Scam hard fork
Going to scam other people tomarrow at btc super conferece in Texas, Dellas
sr. member
Activity: 560
Merit: 261
Does this coin have anything to do with the official SegWit2x Bitcoin fork that was planned late last year but got cancelled, or is it just copying the name?

As far I know, it has nothing to do with that official SegWit2x Bitcoin fork. That is why it is keep dumping.
copper member
Activity: 70
Merit: 1
Does this coin have anything to do with the official SegWit2x Bitcoin fork that was planned late last year but got cancelled, or is it just copying the name?
copper member
Activity: 112
Merit: 0


SegWit2X and Exrates.me Returns Stolen Assets to Miners

Dear friends, miners, and SegWit2X fork followers, you all remember the news post about the Miningpool.shop misfortune. It happened at the end of January when 6K of B2X was illegally withdrawn from miners’ accounts.

Our partner, Exrates.me Exchange, let us know about the suspicious activity on the platform. Those were big sums of B2X appearing on some users’ accounts. In the previous news post, we mentioned that Exrates.me and SegWit2X agreed to freeze the suspicious accounts and return the coins to their legal owners.

A couple of days ago we found out that the stolen assets were returned to the miners’ accounts and the subject is finally closed.

We are happy to have such a trustworthy partner and we are eager to make new strategic connections with other Exchanges. Send us a line and find out what are ways of our possible cooperation.
Pages:
Jump to: