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Topic: [BITZ] The Only 10% PoS Crypto to have - page 33. (Read 81866 times)

legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 19, 2015, 02:32:22 PM
NEW MANDATORY UPDATE TO VERSION 1.0.1.0 - MUST UPDATE BEFORE BLOCK 70,000

Windows-qt installer (v 1.0.1.0)

Mac and Linux to come....
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 19, 2015, 01:39:11 AM
New Windows, Mac and Linux wallets have been built and are currently being tested, nodes will be updated. The wallets and the new source will be out over the weekend and this is a mandatory update so please stay tuned to make sure you get all the info you need for the update.

There will be a hard fork on block 70,000 which is roughly six days away. Further announcement and new wallet links will be posted soon on the OP. Make sure you stay up to date.

As there is minimal community input we have decided to end the PoW at block 100,000 which will be 3,500,000 BITZ. With the 10% PoS the BITZ supply will be as below (roughly):

Year   Year Interest   Total Interest   Balance
1   350,000.00   350,000.00   3,850,000.00
2   385,000.00   735,000.00   4,235,000.00
3   423,500.00   1,158,500.00   4,658,500.00
4   465,850.00   1,624,350.00   5,124,350.00
5   512,435.00   2,136,785.00   5,636,785.00
6   563,678.50   2,700,463.50   6,200,463.50
7   620,046.35   3,320,509.85   6,820,509.85
8   682,050.99   4,002,560.84   7,502,560.84
9   750,256.08   4,752,816.92   8,252,816.92
10   825,281.69   5,578,098.61   9,078,098.61



I believe this will  benefit everyone that have followed us so far. BITZ will be a bit rarer than first imagined but hey....
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 18, 2015, 12:31:55 PM
So, it seems to me that we have 40 something miners at Suprnova and 50-70 addresses holding some amount of BITZ and only 13 free votes on C-Cex and nobody has any interest in supporting the project by buying into it for the long term. So, what do all the bag-holders want? Just dump? What exchange would you like the dump to be at?

about c-cex, bitz is on the second place with 251 vote and 0.23 btc deposit for voting. Nobody has any trust
to buy and support coin in the long run. Dev. trust isn`t free, you NEED to earn it.  Wink make new OP with better desing, show road map, be more active on tweeter. Show something more than words, because words don`t mean much here and you know it.

There will be new wallets released and BITZ will be on C-Cex and then we will start work on adoption which is what really matters. If you buy in to cryptos because of fancy graphics then thats your business but I am more concerned right now with getting the infrastructure working properly. As I have explained before, wait for new wallet releases and the end of PoW and then Android.

Obviously if nobody will invest although there are bag-holders then fine, I''l pay to get it running properly but on my terms only.
sr. member
Activity: 426
Merit: 250
March 18, 2015, 08:11:58 AM
So, it seems to me that we have 40 something miners at Suprnova and 50-70 addresses holding some amount of BITZ and only 13 free votes on C-Cex and nobody has any interest in supporting the project by buying into it for the long term. So, what do all the bag-holders want? Just dump? What exchange would you like the dump to be at?

about c-cex, bitz is on the second place with 251 vote and 0.23 btc deposit for voting. Nobody has any trust
to buy and support coin in the long run. Dev. trust isn`t free, you NEED to earn it.  Wink make new OP with better desing, show road map, be more active on tweeter. Show something more than words, because words don`t mean much here and you know it.
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 18, 2015, 01:18:55 AM
So, it seems to me that we have 40 something miners at Suprnova and 50-70 addresses holding some amount of BITZ and only 13 free votes on C-Cex and nobody has any interest in supporting the project by buying into it for the long term. So, what do all the bag-holders want? Just dump? What exchange would you like the dump to be at?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 16, 2015, 03:46:30 PM
Community Funding / Coin Offering
We have been working on checking the code properly and to implement a stop to the PoW at block 500,000.
So far I have funded everything myself and I have needed help to build wallets etc. and get the block explorer running.
At this stage I need funding of around 2 BTC to be able to take this project forward. The funds are needed to create package
installers for Windows / Mac / Linux versions of the wallet. It will also go towards the development of an Android wallet and
a new block explorer. This upgrade will mean that BITZ will be stronger and more stable and as the PoW phase draws to an end
the number of coins will be limited. Once the upgrade is completed I can focus on BITZ adoption, which will start here in London.

I am confident that the future price of BITZ will be fair and substantially higher than it is today.
There is a limited supply of 17,500,000 BITZ after the PoW phase.

Please donate if you want to and then you can use the BTC address below in the OP.

I will offer 40,000 BITZ for sale for 0.00005 BTC each to raise 2 BTC.
PM me to buy in to fund future development.


The coin will easily be worth 10 times that when it’s listed on C-Cex in 1-2 weeks and then Bittrex.
There is currently only a supply of around 1,700,000 BITZ.

I will leave this up for a few days to see how we are doing.
member
Activity: 93
Merit: 10
legendary
Activity: 1596
Merit: 1009
March 16, 2015, 04:24:32 AM
New wallets will be released in two weeks time between 28/03 to 29/03
This is to address an issue with the PoW phase and the new release will stop
the PoW phase at block 500,000. In the meantime just mine or stake and I
anticipate that we will be on C-Cex shortly.
I like that! So the newer wallet will be able to stake only?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 16, 2015, 01:30:15 AM
New wallets will be released in two weeks time between 28/03 to 29/03
This is to address an issue with the PoW phase and the new release will stop
the PoW phase at block 500,000. In the meantime just mine or stake and I
anticipate that we will be on C-Cex shortly.
legendary
Activity: 1596
Merit: 1009
March 15, 2015, 08:51:44 AM
Just a quick update, we are working to improve the code and will be releasing new wallets soon
Is there an ETA?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 15, 2015, 06:12:58 AM
Just a quick update, we are working to improve the code and will be releasing new wallets soon
legendary
Activity: 1596
Merit: 1009
March 14, 2015, 08:40:30 AM
Does anyone else get this with the PoS??

Status: conflicted, broadcast through 5 nodes
Date: 13/03/2015 20:29
Source: Generated
Debit: 0.00 BITZ
Net amount: -1711.80333732 BITZ
Transaction ID: 6dc71ade402c4419ea11025938daee51e1ce7c79978b022ba210c19ff995fa0f

I get "conflicted" transactions
I don't, try to rescan the chain..
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 14, 2015, 02:21:54 AM
Does anyone else get this with the PoS??

Status: conflicted, broadcast through 5 nodes
Date: 13/03/2015 20:29
Source: Generated
Debit: 0.00 BITZ
Net amount: -1711.80333732 BITZ
Transaction ID: 6dc71ade402c4419ea11025938daee51e1ce7c79978b022ba210c19ff995fa0f

I get "conflicted" transactions
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 13, 2015, 09:53:05 PM
a bigger exchange platform?

Yeah, that would help, so you can vote at C-cex etc. so please do vote
newbie
Activity: 27
Merit: 0
March 13, 2015, 09:14:42 PM
a bigger exchange platform?
sr. member
Activity: 532
Merit: 250
March 13, 2015, 04:37:53 PM
guys please spread any hash on our pool. thanks )))
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
March 12, 2015, 02:42:23 PM
Update >> Firstly, I have not abandoned the project. We are currently changing the source and implementing a stop to the PoW phase at block 500,000. This will mean a more limited money supply than first imagined. This will make BITZ more sought after and more valuable when the market penetration is increased. I believe that it is important to get the new wallets out and get a stable chain before pushing further into the market. Once the new Windows-qt and the Mac-qt, there will also be a Linux wallet with the new code and if all goes well an Android wallet. We have set up a Weibo account that will mirror the Twitter feed and a new website is in the making that will be available in English, Chinese, Spanish, Portuguese, Russian and Greek. This is done to target markets in Asia, South-America and Russia. Once this has been completed the next step is getting merchant to accept BITZ. I am planning to set up a not-for-profit company based in London, UK that will have the sole purpose of promoting BITZ and use BITZ for its business needs. I do not have a clear date for when this will be achieved but we will take it step by step. We are currently two people working on this and we are liaising with a Chinese speaker and a Russian speaking to promote BITZ into these markets.

Any further development of the wallet and the protocol will after the above has been achieved. I do not see the need to rush this project just to get it listed and for people to dump now. I know that the market cap is low but I don't worry about that. There are bag holders with 1 mill. plus BITZ that will dump and I will aim to buy as much as I can and use it to further the project.

This is a long term thing and I am not seeking to just pump the price and sell out.

If this all seems a bit slow, I will try to update with the progress every few days. The next thing that will happen is the release of the new wallets in the next few days.
legendary
Activity: 1764
Merit: 1002
March 12, 2015, 08:16:20 AM
I saw anyone has sold at 24 satoshi, my question is why??  Huh
might be they have alot of money, mine this just for fun&drop the price
marketcap only 56$ Tongue
legendary
Activity: 1596
Merit: 1009
March 12, 2015, 04:41:48 AM
dev where news?
Here there is a Initial Road Map: http://www.cryptozoid.me/

Quote
Road Map (initial steps)
02/03/2015 - Successful launch and mining of Bitz - complete
02/03/2015 - Release of Windows-qt Bitz wallet- complete
04/03/2015 - Bitz listed on at least one exchange - complete
04/03/2015 - Mac-qt Bitz wallet - complete
06/03/2015 - Bitz block explorer - complete
25/04/2015 - Android wallet on Google Play Store
sr. member
Activity: 315
Merit: 250
March 12, 2015, 04:11:20 AM
dev where news?
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