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Topic: [BITZ] The Only 10% PoS Crypto to have - page 20. (Read 81866 times)

legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
Weekly update
This week I learned that a Twitter giveaway is useless and attracts the wrong kind of people. I had at least two different fraudsters trying to create several accounts on the Bitz forum to claim some Bitz. I shut down the Twitter giveaway. Bittrex didn't take any notice anyway so it was a waste of time.
This week I also learned that there are bots signing up on the Bitz forum and I had to set some more security questions to register.
This week I realised that nobody has any real interest in Bitz and trading is at virtual zero over the exchanges.
This week confirmed earlier data that only about half of Bitz owners are staking. This means that about half of owners are just sitting on Bitz hoping that the value will increase.
I have been working on finalising the concept design for future features and planning how to implement these features.
As the interest for Bitz is zero, I am considering my options and considering if it's worth my while in time and investment of my own money to take this forward.
I will leave everything as it is and see for another week.
If the trading is zero over another week I may just leave the project to it's own devices and start over again.
Never give up....
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
I have opened a new Giveaway thread on the Bitz forum:

http://forum.bitz.biz/index.php?topic=11.0

Come and follow and earn some Bitz
newbie
Activity: 50
Merit: 0
I like the design of the new OP. Nothing too fancy, but it really look nice, organized and.. relaxing (with its blue theme) Smiley

Same here. Looks nice and easy to read.
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
I just wanted to leave a quick update; we are working behind the scenes to finalise the changes we want to implement before we start to make the code. I know the progress is slow but it's steady. I know that everyone in crypto-world wants updates all the time but this is unrealistic so what I will do is, provide a general update once a week on Sunday if there are no other specific issues or other updates.

I know trade is slow and this is a difficult issue to get around. It's a vicious cycle where merchants will not implement Bitz because of the lack of trade and then people won't trade as there is nowhere to spend your coins. This is a long game, we'll get there, just stay with us.

So, if there are no other things happening, expect another update next Sunday. Hope you are all well.
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
I like the design of the new OP. Nothing too fancy, but it really look nice, organized and.. relaxing (with its blue theme) Smiley

Thanks for the support, we are working behind the scenes to take this forward. I am currently trying to recruit one more team member so that we can progress through the road map as planned but funding is a bit of an issue as all costs are coming out of my pocket. There is very little trade and if you see the rich list there are some people just sitting on a few Bitz and only about 50% are staking.

I would appreciate any help to get Bitz onto Bittrex or Cryptsy so please Tweet etc.

I am now trying to design the layout for the "simple" wallet and the "advanced" wallet which will be a two-mode wallet where you can switch between the modes.
sr. member
Activity: 422
Merit: 250
Meow
I like this coin as well. Dev seems dedicated and honest.

10% staking is just right, and I feel like we're still on the ground floor here.  Smiley
legendary
Activity: 2576
Merit: 1073
I like the design of the new OP. Nothing too fancy, but it really look nice, organized and.. relaxing (with its blue theme) Smiley
sr. member
Activity: 437
Merit: 250
Already released... check the ANN or bitz.biz.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
waiting whitepaper and roadmap dev...
sr. member
Activity: 448
Merit: 250
new wallet looks great !!! good work dev Smiley
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
Yey, I'm back at BCT again after what feels like forever, anyway I have updated the [ANN], published the new website at https://bitz.biz, released the new version 1.1 wallets and produced a road map and white paper of sorts which is kind of crude but sets out the direction of Bitz. I have also got another exchange added...

Glad to be back.... Grin
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
How long to mature coin to stake Smiley

About 24 hours
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
How long to mature coin to stake Smiley
sr. member
Activity: 437
Merit: 250
Until dev updates ANN, the whitepaper and new wallets can be found here: https://bitz.biz/index.html
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
So it's just a node with a public ip and high reliability? Why is there always such fuss about masternodes for other coins?

Because it keeps the sync better. Without a node the network might become unstable if there are too few wallets
sr. member
Activity: 437
Merit: 250
So it's just a node with a public ip and high reliability? Why is there always such fuss about masternodes for other coins?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
Hi dev, what exactly are masternodes?

It's just a VPS server running a Bitz client that is not staking and just helps to keep the consensus of the blockchain and keeps it in sync so helps to avoid orphans (mini-forks) on the blockchain. I had two nodes running before but moved to another VPS provider and if you see 'Extraction' tab in the block explorer you can see the number or orphans and now after the new node is running Bitz 1.1 the number of orphans dropped. So, the network is more secure and stable... Cheesy
sr. member
Activity: 437
Merit: 250
Hi dev, what exactly are masternodes?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
new permanent master node:

addnode=192.64.115.186
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
We are building a new master node but I am hoping to get a second one up and running as well, this whole thing is funded out of my pocket so I am hoping that the community will help to fund another node. This will help to keep the Bitz network stable over time:

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