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Topic: Bitflate (crypto with inflation) Mining (Read 1728 times)

brand new
Activity: 0
Merit: 0
October 20, 2024, 02:22:15 PM
#67
is there any study materials or tutorial about running a bitflate node on windows 11 pc?
I may try to run a bitflate node on my computer then and help the community.

possibly a bitflate explorer may be set on pc or GitHub also in that case?
jr. member
Activity: 39
Merit: 2
January 03, 2022, 05:41:09 PM
#66
Bitflate is now trading on exbitron.com exchange!

BTC: https://www.exbitron.com/trading/bflbtc
DOGE: https://www.exbitron.com/trading/bfldoge
jr. member
Activity: 39
Merit: 2
November 27, 2021, 07:35:53 PM
#65
We've published a new article!

Including Bitflate in the Conversation for Pegging the USD to BTC

https://bitflate.org/post/2021/11/27/including-bitflate-in-the-conversation-for-pegging-the-USD-to-BTC.html
jr. member
Activity: 39
Merit: 2
The Bitflate blockchain has passed 240k blocks!

Block: 240k
Supply: 11.25 million

240k block:
https://explorer.bitflate.org/block/0000000000000314ff94b58e7c0f4ebe3e1be71327cd7de843913c20ba8baa0c

Reminder: Bitflate is a crypto with 7% inflation. But for the first 3 epochs, rewards will halve. The first halving is from 50 to 25 at 210k blocks (~10 million coins). It happened on May 11, 2021. The next halving will happen at 420k blocks. The schedule is designed to give more coins to early adopters.
jr. member
Activity: 39
Merit: 2
The Bitflate blockchain has passed 230k blocks!

Block: 230k
Supply: 11 million

230k block:
https://explorer.bitflate.org/block/00000000000004bd54748bf56204a651768db1c455274aa21bdf32180f182aa8

Reminder: Bitflate is a crypto with 7% inflation. But for the first 3 epochs, rewards will halve. The first halving is from 50 to 25 at 210k blocks (~10 million coins). It happened on May 11, 2021. The next halving will happen at 420k blocks. The schedule is designed to give more coins to early adopters.
jr. member
Activity: 39
Merit: 2
The Bitflate blockchain has passed 220k blocks!

Block: 220k
Supply: 10.75 million

220k block:
https://explorer.bitflate.org/block/000000000000002c3e8230a19a6f2949e47b41ae6f2fdebc0d2a65c3a9e4ff2e

Reminder: Bitflate is a crypto with 7% inflation. But for the first 3 epochs, rewards will halve. The first halving is from 50 to 25 at 210k blocks (~10 million coins). It happened on May 11, 2021. The next halving will happen at 420k blocks. The schedule is designed to give more coins to early adopters.
jr. member
Activity: 39
Merit: 2
The Bitflate blockchain has passed 210k blocks! We had our first halving!

The reward is cut from 50 to 25. We're still early. The reward will halve 2 more times (12.5 and 6.25) before inflation starts.

Block: 210k
Supply: 10.5 million

209999 block:
https://explorer.bitflate.org/block/00000000000002adb5fae7fe02cafaf3754f0e2d633e83204c569832c1033bcd

210000 block:
https://explorer.bitflate.org/block/000000000000018f535df9a66bd7afe605221cc9dc5c77d1e783b30ab0090fcf

Reminder: Bitflate is a crypto with 7% inflation. For the first 3 epochs, rewards will halve. The first halving happened on May 11, 2021. The next halving is from 25 to 12.5 at 420k blocks (~15 million coins). It is designed to give more coins to early adopters.
member
Activity: 322
Merit: 54
Consensus is Constitution
Only 2 weeks left to mine at max block reward, halving soon! Get in on Mining Dutch SHA-256 mining.
jr. member
Activity: 39
Merit: 2
April 02, 2021, 01:30:41 PM
#59
The Bitflate blockchain has passed 200k blocks!

Block: 200k
Supply: 10 million

200k block:
https://explorer.bitflate.org/block/0000000000000231684611e46e5b3fc5cefd92234a7c6100b3b6d52d9c28b2ac

Reminder: Bitflate is a crypto with 7% inflation. But for the first 3 epochs, rewards will halve. The first halving is from 50 to 25 at 210k blocks (~10 million coins). It is designed to give more coins to early adopters.
jr. member
Activity: 39
Merit: 2
March 15, 2021, 07:18:59 PM
#58
I came across a Twitter thread about Bitcoin's volatility. It's worth reading through it and the responses. Most bitcoiners are still disillusioned about volatility. They think Bitcoin's price will stabilize at "some" point in the future. But it's likely that Bitcoin's volatility is inherent. The fix for it is inflation. That's why we need Bitflate.

https://twitter.com/jp_koning/status/1371497062299230219

"The price of bitcoin is inherently volatile." @jp_koning

Come mine some Bitflate coins.  Smiley
jr. member
Activity: 39
Merit: 2
March 09, 2021, 02:09:52 AM
#57
Hi miners,

We released the Bitflate Whitepaper. In this paper, we describe:

- Why the market needs an inflationary cryptocurrency.
- Design of Bitflate.
- Design of an Elastic Monetary System.
- How this system can achieve Digital Cash.

https://bitflate.org/bitflate.pdf
member
Activity: 324
Merit: 17
Bitflate developer
January 25, 2021, 02:17:56 PM
#56
Hi everyone,

We have a new release for the Bitflate Core client, v0.20.2. This is a required upgrade. In this version, we changed the pchMessageStart parameter. This change prevents Bitflate clients from connecting to Bitcoin clients. But it also prevents connection to older Bitflate clients. Please upgrade your client to get new blocks. Instructions for upgrade.

https://bitflate.org/post/2021/01/24/bitflate-binaries-v0.20.2.html
full member
Activity: 1275
Merit: 141
January 15, 2021, 05:08:22 PM
#55

Eth has no limit on supply.
Grin has no limit on supply.

Nothing you have offered is not already covered.   

You have almost no real info on the website.  Everything you have to say about this is covered in the first post you made.  The chart of emission makes it clear.  The deafening silence (no market / no miners) with it being around since 2019.  The complete lack of development on its github.  Its dead ...quit beating it.


ETH, Grin, Doge have constant tail emissions. The constant emission will be smaller and smaller relative to the circulating supply. It's the same as Bitcoin.



Here is Bitflates metrics:

https://www.coingecko.com/en/coins/bitflate

2 years in and thats all its done....nothing.  Same as the github shows.   
member
Activity: 324
Merit: 17
Bitflate developer
January 15, 2021, 01:40:40 PM
#54

Eth has no limit on supply.
Grin has no limit on supply.

Nothing you have offered is not already covered.   

You have almost no real info on the website.  Everything you have to say about this is covered in the first post you made.  The chart of emission makes it clear.  The deafening silence (no market / no miners) with it being around since 2019.  The complete lack of development on its github.  Its dead ...quit beating it.


ETH, Grin, Doge have constant tail emissions. The constant emission will be smaller and smaller relative to the circulating supply. It's the same as Bitcoin.

full member
Activity: 1275
Merit: 141
January 14, 2021, 09:13:42 PM
#53
Call it what ever you want.  It is garbage.  Nothing new except you changed emission rate ....as stated on the website.  So no real code no real innovation,  We changed emissions....when there are literally thousands of real coins already out there....Some with real experiments and not just sad little me too copy boys behind it.  You list an exchange but there is no volume and no market for this coin.  Even if you mine it...it has no value.  Thats where your whole idea falls apart.  If people dont value it....it has no value.  

You are same as several trying to ride the bull market to your wet dream.  But nobody values what you are doing because honestly its not even your work.  Its bitcoins bitcore.  And the value goes to there not to you.  

The idea of Bitflate is to find a way to introduce inflation into crypto. Existing coins have limited supplies. The economic incentives are the same. You hold a bag of coins. The community pumps and dumps. Technology-focused coins, like Ethereum, claim to have better technology than Bitcoin. But it has the same economic incentives. I think this is why the whole market behaves the same way. Everyone pumps and dumps.

Many coins have tried to sell "new tech" value proposition. I don't think they have added much. I think inflation can unlock the Medium of Exchange use-case. Bitflate has a moderately high inflation rate, 7% per year. That makes it distinctive from the rest of the market. Bitcoin is a good model for making cryptocurrency. Bitflate is not about a new crypto technology. It's an experiment with economic incentives.

Eth has no limit on supply.
Grin has no limit on supply.

Nothing you have offered is not already covered.   

You have almost no real info on the website.  Everything you have to say about this is covered in the first post you made.  The chart of emission makes it clear.  The deafening silence (no market / no miners) with it being around since 2019.  The complete lack of development on its github.  Its dead ...quit beating it.

member
Activity: 324
Merit: 17
Bitflate developer
January 14, 2021, 08:28:28 PM
#52
Call it what ever you want.  It is garbage.  Nothing new except you changed emission rate ....as stated on the website.  So no real code no real innovation,  We changed emissions....when there are literally thousands of real coins already out there....Some with real experiments and not just sad little me too copy boys behind it.  You list an exchange but there is no volume and no market for this coin.  Even if you mine it...it has no value.  Thats where your whole idea falls apart.  If people dont value it....it has no value.  

You are same as several trying to ride the bull market to your wet dream.  But nobody values what you are doing because honestly its not even your work.  Its bitcoins bitcore.  And the value goes to there not to you.  

The idea of Bitflate is to find a way to introduce inflation into crypto. Existing coins have limited supplies. The economic incentives are the same. You hold a bag of coins. The community pumps and dumps. Technology-focused coins, like Ethereum, claim to have better technology than Bitcoin. But it has the same economic incentives. I think this is why the whole market behaves the same way. Everyone pumps and dumps.

Many coins have tried to sell "new tech" value proposition. I don't think they have added much. I think inflation can unlock the Medium of Exchange use-case. Bitflate has a moderately high inflation rate, 7% per year. That makes it distinctive from the rest of the market. Bitcoin is a good model for making cryptocurrency. Bitflate is not about a new crypto technology. It's an experiment with economic incentives.

Bitflate is a shitcoin. Its supply will inflate to make a lot of coins. Many coins have failed to compete with the digital gold narrative of Bitcoin. Bitflate has a different narrative. It's the ultimate shitcoin. There'll be a lot of coins. We can make something useful out of it. Maybe, it'll be the digital fertilizer.
full member
Activity: 1275
Merit: 141
January 14, 2021, 09:17:41 AM
#51
Call it what ever you want.  It is garbage.  Nothing new except you changed emission rate ....as stated on the website.  So no real code no real innovation,  We changed emissions....when there are literally thousands of real coins already out there....Some with real experiments and not just sad little me too copy boys behind it.  You list an exchange but there is no volume and no market for this coin.  Even if you mine it...it has no value.  Thats where your whole idea falls apart.  If people dont value it....it has no value. 

You are same as several trying to ride the bull market to your wet dream.  But nobody values what you are doing because honestly its not even your work.  Its bitcoins bitcore.  And the value goes to there not to you. 
member
Activity: 324
Merit: 17
Bitflate developer
January 13, 2021, 09:23:06 PM
#50
So you have a coin using sha-256 same algo as btc....

So what keeps a big btc farm from pointing its hash power at this coin and 51% attacking it?  Correction what keeps anyone with a single S9 from owning the network (worthless as it is).

I mean i know this coin is in no danger becuase to be honest the market cap is pitiful literally has no ranking (so not in top 5000 couns) and no clear market price.  The exchange listed is not exactly anything...the exhanges total volume of all coins traded in 24hrs is less than $5000 TOTAL. 

Total value of bitflate coin 24hrs.... $32...total...worldwide.  And it appears that data is probably inflated.

Total miners on the NL pool ZERO
Total miners on the cminers pool ..... 2

So total 2 miners.  And they havent found a block since 12/25.

Bitflate is an experimental coin. I don't think anyone bothers to attack it. They will only help the community pushing blocks. Changing the mining algorithm won't prevent attacks.

Why should Bitflate exist? Because we need to find a way to address the Medium of Exchange use-case. Check out the website for more information:

https://bitflate.org/
member
Activity: 324
Merit: 17
Bitflate developer
January 13, 2021, 09:15:17 PM
#49
Here we go again, so all what this bitflate can do is inflation and POW? I'm guessing this is another hit and run crypto project, this project add no solution to crypto projects but add more problem to crypto space because such project have no real use case, miners I hope you guys are smart, I spent over a year mining coins like this and they died before I was even able to sell them.

How does Bitcoin address the Medium of Exchange use-case? I think the answer is it can't. A money system consists of a Store of Value and a Medium of Exchange. An example is the Gold Standard. It consists of gold (deflationary) and paper money (inflationary). We need an inflationary crypto to make a crypto money system. That is the purpose of Bitflate.

Check out Bitflate website for more information:

https://bitflate.org/
full member
Activity: 1275
Merit: 141
January 12, 2021, 09:43:19 AM
#48
So you have a coin using sha-256 same algo as btc....

So what keeps a big btc farm from pointing its hash power at this coin and 51% attacking it?  Correction what keeps anyone with a single S9 from owning the network (worthless as it is).

I mean i know this coin is in no danger becuase to be honest the market cap is pitiful literally has no ranking (so not in top 5000 couns) and no clear market price.  The exchange listed is not exactly anything...the exhanges total volume of all coins traded in 24hrs is less than $5000 TOTAL. 

Total value of bitflate coin 24hrs.... $32...total...worldwide.  And it appears that data is probably inflated.

Total miners on the NL pool ZERO
Total miners on the cminers pool ..... 2

So total 2 miners.  And they havent found a block since 12/25.

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