There's an opinion article on Bloomberg. It makes the case for adding inflation to cryptocurrency. Check out the Bitflate experiment. I think people will realize the usefulness of Bitflate.
https://www.bloomberg.com/opinion/articles/2020-02-21/bitcoin-s-future-as-real-currency-like-dollar-relies-on-inflation
Topic: Bitflate (crypto with inflation) Mining - page 3. (Read 1749 times)
Mining update: Bitflate just passed 80k blocks and 4 million coins in circulation.
Block: 80k
Supply: 4 million
Difficulty: 5M
80k block here:
https://explorer.bitflate.org/block/00000000000007f7709693f82eb7ef89cb5a11b200aab7ddb3cb2432fed91d6a
Reminder: Bitflate reward will halve from 50 to 25 at 210k blocks (10 million coins). It is designed to give more coins to early adopters. Still plenty of time to get coins before we reach 10 million coins.
0: 50 (10 million)
1: 25 (15 million)
2: 12.5
3: 6.25 (end of halving)
4: 6.56 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85 (30 million)
Block: 80k
Supply: 4 million
Difficulty: 5M
80k block here:
https://explorer.bitflate.org/block/00000000000007f7709693f82eb7ef89cb5a11b200aab7ddb3cb2432fed91d6a
Reminder: Bitflate reward will halve from 50 to 25 at 210k blocks (10 million coins). It is designed to give more coins to early adopters. Still plenty of time to get coins before we reach 10 million coins.
0: 50 (10 million)
1: 25 (15 million)
2: 12.5
3: 6.25 (end of halving)
4: 6.56 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85 (30 million)
Hi everyone,
Mining update: Bitflate just passed 70k blocks and 3.5 million coins in circulation.
Block: 70k
Supply: 3.5 million
70k block here:
https://explorer.bitflate.org/block/00000000000005fe0653cf7b41e38160dde2134c1c2fccd3a02a5cf6f9f1b9cf
Reminder: Bitflate reward will halve from 50 to 25 at 210k blocks (10 million coins). It is designed to give more coins to early adopters. Still plenty of time to get coins before we reach 10 million coins.
0: 50 (10 million)
1: 25 (15 million)
2: 12.5
3: 6.25 (end of halving)
4: 6.56 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85 (30 million)
Mining update: Bitflate just passed 70k blocks and 3.5 million coins in circulation.
Block: 70k
Supply: 3.5 million
70k block here:
https://explorer.bitflate.org/block/00000000000005fe0653cf7b41e38160dde2134c1c2fccd3a02a5cf6f9f1b9cf
Reminder: Bitflate reward will halve from 50 to 25 at 210k blocks (10 million coins). It is designed to give more coins to early adopters. Still plenty of time to get coins before we reach 10 million coins.
0: 50 (10 million)
1: 25 (15 million)
2: 12.5
3: 6.25 (end of halving)
4: 6.56 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85 (30 million)
Hi everyone,
Mining update: Bitflate just passed 60k blocks and 3 million coins in circulation.
Block: 60k
Supply: 3 million
60k block here:
https://explorer.bitflate.org/block/00000000000005b50a37e94459ce8be093b8459e4cf26e8aed3baecc02a4549e
Reminder: Bitflate reward will halve from 50 to 25 at 210k blocks (10 million coins). It is designed to give more coins to early adopters. Still plenty of time to get coins before we reach 10 million coins.
0: 50 (10 million)
1: 25 (15 million)
2: 12.5
3: 6.25 (end of halving)
4: 6.56 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85 (30 million)
Mining update: Bitflate just passed 60k blocks and 3 million coins in circulation.
Block: 60k
Supply: 3 million
60k block here:
https://explorer.bitflate.org/block/00000000000005b50a37e94459ce8be093b8459e4cf26e8aed3baecc02a4549e
Reminder: Bitflate reward will halve from 50 to 25 at 210k blocks (10 million coins). It is designed to give more coins to early adopters. Still plenty of time to get coins before we reach 10 million coins.
0: 50 (10 million)
1: 25 (15 million)
2: 12.5
3: 6.25 (end of halving)
4: 6.56 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85 (30 million)
Mining update.
Since last update, difficulty went up a lot, from 700K to 2.3M.
Block: 52.7k.
Coin supply: 2.6 million.
https://explorer.bitflate.org/
Bitflate (BFL) is now trading on Unnamed Exchange.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Since last update, difficulty went up a lot, from 700K to 2.3M.
Block: 52.7k.
Coin supply: 2.6 million.
https://explorer.bitflate.org/
Bitflate (BFL) is now trading on Unnamed Exchange.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Bitflate mining update. We've reached 50k blocks!
Block: 50k.
Coin supply: 2.5 million.
https://explorer.bitflate.org/
Bitflate (BFL) is now trading on Unnamed Exchange.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Block: 50k.
Coin supply: 2.5 million.
https://explorer.bitflate.org/
Bitflate (BFL) is now trading on Unnamed Exchange.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
I think that you are doing a good job but you need more widespread for your coins and let me tell you a very easy way to reach more people,start a signature campaign and pay participants by Bitcoin (equal in Bitflate) so if you pay Full Members 0.002 btc weekly you will pay them the equivalent in bitflate.The reason I say to pay in Bitcoin equivalent is to get more people to join your signature.
This is a good project but alone you can’t go very far no matter how good you are.
Thanks for the suggestion. Running a decentralized blockchain makes me realize how little we can control the world. I made the software, started the chain. But I only have a minor amount of the coin supply. Miners and others are holding most of the coin supply. It's difficult to align incentives. So far, I have been able to ask for donation for exchange listing fees. Currently, I see some miners want to sell their coins at good price (> 10 sats per BFL coin). There may be a way to get them to pay you BFL coins in exchange for signature.
Feel free to join Bitflate Discord channel to advertise your service: https://discord.gg/utnEyp8
Thanks. I sure need a lot of luck. 
Yes, Bitflate is an experimental coin. I pitch Bitflate as Bitcoin with constant inflation. I think it is a good candidate for a digital native stablecoin. It has a 7% supply inflation after 4 years of halving. By design, Bitflate coin bag will devalue over time. Bitflate is not digital gold. It's not for HODL. Everyone will dump Bitflate at some point. Bitflate is, by common definition, a shitcoin. It is probably the ultimate shitcoin. It is the opposite of Bitcoin. But maybe, this is why it has a chance of succeeding.
Although the chain inflates at 7%, we should be able to compensate depreciation with interest. Bitflate could become a coin for transactions. It's year 2019. I'm trying to fork Bitcoin. Forking has been done so many times and pretty much all failed. I'm aware of this. Running Bitflate has been a humbling experience. But I think cryptocurrency market needs a coin like this. With Bitflate, there's no limited supply, no Austrian Economics, no programmable blockchain, no world computer. Inflation encourages people to spend their coins.
No trick, no gimmick, just plain old Proof of Work cryptocurrency.
You can buy BFL on Unnamed Exchange. Use with caution. https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Yes, Bitflate is an experimental coin. I pitch Bitflate as Bitcoin with constant inflation. I think it is a good candidate for a digital native stablecoin. It has a 7% supply inflation after 4 years of halving. By design, Bitflate coin bag will devalue over time. Bitflate is not digital gold. It's not for HODL. Everyone will dump Bitflate at some point. Bitflate is, by common definition, a shitcoin. It is probably the ultimate shitcoin. It is the opposite of Bitcoin. But maybe, this is why it has a chance of succeeding.
Although the chain inflates at 7%, we should be able to compensate depreciation with interest. Bitflate could become a coin for transactions. It's year 2019. I'm trying to fork Bitcoin. Forking has been done so many times and pretty much all failed. I'm aware of this. Running Bitflate has been a humbling experience. But I think cryptocurrency market needs a coin like this. With Bitflate, there's no limited supply, no Austrian Economics, no programmable blockchain, no world computer. Inflation encourages people to spend their coins.
No trick, no gimmick, just plain old Proof of Work cryptocurrency.
You can buy BFL on Unnamed Exchange. Use with caution. https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
I think that you are doing a good job but you need more widespread for your coins and let me tell you a very easy way to reach more people,start a signature campaign and pay participants by Bitcoin (equal in Bitflate) so if you pay Full Members 0.002 btc weekly you will pay them the equivalent in bitflate.The reason I say to pay in Bitcoin equivalent is to get more people to join your signature.
This is a good project but alone you can’t go very far no matter how good you are.
Thanks. I sure need a lot of luck.
Yes, Bitflate is an experimental coin. I pitch Bitflate as Bitcoin with constant inflation. I think it is a good candidate for a digital native stablecoin. It has a 7% supply inflation after 4 years of halving. By design, Bitflate coin bag will devalue over time. Bitflate is not digital gold. It's not for HODL. Everyone will dump Bitflate at some point. Bitflate is, by common definition, a shitcoin. It is probably the ultimate shitcoin. It is the opposite of Bitcoin. But maybe, this is why it has a chance of succeeding.
Although the chain inflates at 7%, we should be able to compensate depreciation with interest. Bitflate could become a coin for transactions. It's year 2019. I'm trying to fork Bitcoin. Forking has been done so many times and pretty much all failed. I'm aware of this. Running Bitflate has been a humbling experience. But I think cryptocurrency market needs a coin like this. With Bitflate, there's no limited supply, no Austrian Economics, no programmable blockchain, no world computer. Inflation encourages people to spend their coins.
No trick, no gimmick, just plain old Proof of Work cryptocurrency.
You can buy BFL on Unnamed Exchange. Use with caution. https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Yes, Bitflate is an experimental coin. I pitch Bitflate as Bitcoin with constant inflation. I think it is a good candidate for a digital native stablecoin. It has a 7% supply inflation after 4 years of halving. By design, Bitflate coin bag will devalue over time. Bitflate is not digital gold. It's not for HODL. Everyone will dump Bitflate at some point. Bitflate is, by common definition, a shitcoin. It is probably the ultimate shitcoin. It is the opposite of Bitcoin. But maybe, this is why it has a chance of succeeding.
Although the chain inflates at 7%, we should be able to compensate depreciation with interest. Bitflate could become a coin for transactions. It's year 2019. I'm trying to fork Bitcoin. Forking has been done so many times and pretty much all failed. I'm aware of this. Running Bitflate has been a humbling experience. But I think cryptocurrency market needs a coin like this. With Bitflate, there's no limited supply, no Austrian Economics, no programmable blockchain, no world computer. Inflation encourages people to spend their coins.
No trick, no gimmick, just plain old Proof of Work cryptocurrency.
You can buy BFL on Unnamed Exchange. Use with caution. https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
this one never got too far hey? not a single buy order on unnamed.exchange 
kinda feels like just a fun experimental coin anyways
Good Luck in the future!
kinda feels like just a fun experimental coin anyways
Good Luck in the future!
Mining update:
Block: 45.3k.
Coin supply: 2.26 million.
https://explorer.bitflate.org/
Bitflate (BFL) is now trading on Unnamed Exchange. Use with caution.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Onwards.
Block: 45.3k.
Coin supply: 2.26 million.
https://explorer.bitflate.org/
Bitflate (BFL) is now trading on Unnamed Exchange. Use with caution.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Join our discord community: https://discord.gg/utnEyp8
Onwards.
I've written a new article about crypto with inflation.
The Next Big Thing in Crypto: Using Inflation to Create Stablecoin
https://bitflate.org/post/2019/10/10/the-next-big-thing-in-crypto-using-inflation-to-create-stablecoin.html
Bitflate is now trading on Unnamed Exchange.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
The Next Big Thing in Crypto: Using Inflation to Create Stablecoin
https://bitflate.org/post/2019/10/10/the-next-big-thing-in-crypto-using-inflation-to-create-stablecoin.html
Bitflate is now trading on Unnamed Exchange.
https://www.unnamed.exchange/Exchange?market=BFL_BTC
Update: Bitflate (BFL) is now available on Unnamed Exchange.
https://twitter.com/TillKoeln/status/1178506800372551680?s=20v
$BFL Bitflate is listed at unnamedExchange https://www.unnamed.exchange
join our Discord https://discord.gg/phaRuY9
BTC http://www.unnamed.exchange/Exchange/Basic?market=BFL_BTC
LTC http://www.unnamed.exchange/Exchange/Basic?market=BFL_LTC
DOGE http://www.unnamed.exchange/Exchange/Basic?market=BFL_DOGE
UTIP http://www.unnamed.exchange/Exchange/Basic?market=BFL_UTIP
ETH http://www.unnamed.exchange/Exchange/Basic?market=BFL_ETH
https://twitter.com/TillKoeln/status/1178506800372551680?s=20v
$BFL Bitflate is listed at unnamedExchange https://www.unnamed.exchange
join our Discord https://discord.gg/phaRuY9
BTC http://www.unnamed.exchange/Exchange/Basic?market=BFL_BTC
LTC http://www.unnamed.exchange/Exchange/Basic?market=BFL_LTC
DOGE http://www.unnamed.exchange/Exchange/Basic?market=BFL_DOGE
UTIP http://www.unnamed.exchange/Exchange/Basic?market=BFL_UTIP
ETH http://www.unnamed.exchange/Exchange/Basic?market=BFL_ETH
Update: we just passed 2 million coins. I'm excited about this milestone.
The coins are getting distributed into many wallets. We want to increase decentralization.
https://explorer.bitflate.org/richlist
Reminder: Bitflate mining rewards early adopters with more coins.
First 10 halvings' rewards:
0: 50
1: 25
2: 12.5
3: 6.25 (end of halving)
4: 6.65 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85
Block explorer: https://explorer.bitflate.org
The coins are getting distributed into many wallets. We want to increase decentralization.
https://explorer.bitflate.org/richlist
Reminder: Bitflate mining rewards early adopters with more coins.
First 10 halvings' rewards:
0: 50
1: 25
2: 12.5
3: 6.25 (end of halving)
4: 6.65 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85
Block explorer: https://explorer.bitflate.org
Recent price decrease seems to drop hashrates everywhere. Good time for mining.
Bitflate difficulty: 985k (down from 1.2 million).
Coin supply: 1.9 million.
Block number: 38402.
Reminder: Bitflate mining rewards early adopters with more coins.
First 10 halvings' rewards:
0: 50
1: 25
2: 12.5
3: 6.25 (end of halving)
4: 6.65 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85
Block explorer: https://explorer.bitflate.org
Bitflate difficulty: 985k (down from 1.2 million).
Coin supply: 1.9 million.
Block number: 38402.
Reminder: Bitflate mining rewards early adopters with more coins.
First 10 halvings' rewards:
0: 50
1: 25
2: 12.5
3: 6.25 (end of halving)
4: 6.65 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85
Block explorer: https://explorer.bitflate.org
I posted a discussion in Bitcoin Discussion to make the case for Bitflate. See the discussion here:
https://bitcointalksearch.org/topic/bitcoins-missing-link-to-the-world-5179448
Join our discord community: https://discord.gg/utnEyp8
Update: current block 37,776. Coin supply: 1,888,850.
https://bitcointalksearch.org/topic/bitcoins-missing-link-to-the-world-5179448
Join our discord community: https://discord.gg/utnEyp8
Update: current block 37,776. Coin supply: 1,888,850.
It came to our attention that previous software builds didn't enable SegWit properly. I fixed the issue and rebuilt v0.18.1. You can download it here:
https://github.com/bitflate/bitflate/releases/tag/v0.18.1
We're now at block 29510. SegWit is enabled since block 28224.
https://explorer.bitflate.org/
https://github.com/bitflate/bitflate/releases/tag/v0.18.1
We're now at block 29510. SegWit is enabled since block 28224.
https://explorer.bitflate.org/
One day: we're at block 22693 and 1.1 million coins now. Looks like some professional miners are acquiring Bitflate coins. They slowly push up hashrate and mine lots of coins. We're at 548 GH/s and 1461 difficulty. I hope the chain is not under attack. I don't see anything irregular. If someone notices anything, please let me know.
Bitflate chain has grown quick. We're at block 17k with 16 addresses now. Thanks everyone!
Reminder: reward gets halving 4 times before inflation. The system rewards early miners with more coins.
Reminder: reward gets halving 4 times before inflation. The system rewards early miners with more coins.
Update: we're at block 14k now with 6 addresses:
https://twitter.com/bitflate/status/1161863188024983553
https://explorer.bitflate.org/
https://twitter.com/bitflate/status/1161863188024983553
https://explorer.bitflate.org/
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