Topic: [BTC2] Bitcoin 2, BTC Fork 1:1, PoS 🔥 Anonymous ⚡️Instant TX - page 78. (Read 93529 times)

The number of UTXOs, or unspent transaction outputs (incoming transactions) matters, not how many addresses. And if you have more than 60 BTC2 then you can split it into at least a few addresses or incoming transactions. Each one could for example have 30 BTC2. The difference between doing this optimization and not doing it can be small in the end.

Hello, Jackleszz!
Tell me please, how many coins should there be at each wallet address to maximize of PoS/staking?
What is more advantageous - to keep all coins on one address or better to distribute them evenly to several addresses?
Thanks!

We'll need to do that and lots of other marketing starting around the time when we're ready for exchanges.

As always thanks!

Do we have a promotional video for btc2, It will help the people who are interested in the project to understand the advantage of BTC2, It would be great if you post some link of video here, There is no BTC2 video on youtube.

BTC2 doesn't have it yet. It's in the road map.

It would prevent blockchain analysis teams from linking BTC2 addresses to IP addresses. Letting those who want privacy to use their normal internet connection instead of Tor or VPN.

You can already achieve total privacy with zBTC2 + VPN or Tor however.

Thanks @jacklezz

I can't see any way even in google explaining the Dandelion Protocol that the BTC2 has, Can you please give us the layman's term what dandelion is? or do you have any videos explain how it work.

I think Coinomi doesn't currently let you stake any of the crypto currencies that it supports.

At the moment you can get 20+ peers if you enable incoming connections.

If you see only a few peers, it is because your router or firewall blocks incoming connections, as does that of most others. You should see more than 15 if not.
Most home routers have NAT that by default blocks incoming connections initiated by someone else than you. You can usually fix that and start allowing incoming connections with one of two ways:

A) Launch Bitcoin 2 Core, go to Settings - Options. Go to Network. Enable: "Map port using UPnP". Then restart the app. You may also want to read this article: https://dirkmittler.homeip.net/blog/archives/3340

B) Or follow the guide at: https://bitcoin.org/en/full-node#enabling-connections - the steps are exactly the same for Bitcoin 2.

...

Multisend is an advanced feature that is not useful for most people. You can read more about it by clicking Settings - Multisend.

in the list of peers there are only 2 addresses. This is normal?

And what does it mean "Multisend: not active"?

your project is getting to success, after the launch of wallet now have been thinking about the market for next week and hopefully all can be realized well
waiting information from bitcoin2

Hello there!
I want to sell some BTC2 coins. Where i can do it now? Any suggestions? Does anyone buy coins directly in this thread or PM?

I see. how about the Coinomi, are they stakes supported? Can we get stake when we put our btc2 in their wallet?

Hello there!
Is there any new information on exchanges listing? I can't wait for the first deals to start.

The team works perfectly to implement and improve the Bitcoin2 project. keep it up!

If there's a third party wallet this quarter, most likely only the first one would have enough time to integrate Bitcoin 2 this quarter. Mobile wallets won't support staking this year due to background processes getting killed and eating up battery and reducing the average quality of the network's nodes. This may change later.

So we are expecting this Q2 for mobile wallet and other 3rd party not only Coinomi but other 3rd party is that right? One more question, is this 3rd party wallet and mobile wallet are POS capable/enabled?

You must mean that a part of it got autominted. You can disable the automint setting in the Settings - Options. The point of zBTC2 is privacy. It is same as the normal BTC2 except that it currently cannot stake (but can in the future), and you can send it truly anonymously whereas the normal BTC2 is no more anonymous than BTC. You can read about it more at: https://bitc2.org/zBTC2-Bitcoin-2-Zerocoin-Protocol


The web-based block explorer will be finished soon. It is practically speaking required to be finished and live before exchange listings and third party wallets. So we may still complete the Q2 goals on-time. Mobile wallets, if they come this quarter, would initially be third party wallets however, such as Coinomi.

My bitcoin2 balance has been automatically minted and converted into zbtc2? Can I ask what is the use of zBTC2? I felt guilt that I am asking this noobie question. Anyways thank you for the response. Don't be so hard in answering my question.

And also don't forget to update us about the status of your roadmap.

Thanks for a well explanation, now I understand how it works, anyway can you please give us some updates about the roadmap, where we are now? exchanges etc. It would be great if you post some updates about your work..
Thanks

Orphans happen on proof of stake more often than in proof of work but it doesn't matter. As soon as your wallet realizes it created an orphan it will resume staking with that same amount as if it never happened. Any transactions that went into an orphan block just go back into the memory pool.

And the smaller the block interval, the more orphans. (if 1 block created per minute like in Bitcoin 2, then orphans are more likely than if just 1 block created per 10 minutes like in Bitcoin).

We could hide the orphans from ever showing on your transactions list like some other wallets do, but then you wouldn't know that you came close to creating a valid block and you wouldn't know that there's something that you might possibly be able to do to get at least a little less orphans. It is best to just not care about the orphans once you've already tried the ways we mentioned earlier that help getting less of them. Also, showing the orphans is a good indicator because if some day you're not getting any orphans and are creating more blocks than normal, in such a case you could be forked and would need to take action to unfork yourself. So having those orphan blocks showing up is helpful.

EDIT: As far as some orphaned block becoming valid a day or more later: Technically it doesn't. That block is a new block that you minted that just happens to have the same staking transaction. (Uses the same UTXO to stake.) Your wallet displays it like that because the orphan block's transaction is still in your wallet. If you zap wallet transactions (Tools - wallet repair - Recover transactions), you would see the correct time stamp (this is optional). Before zapping transactions it's always a good idea to make another backup of the wallet.dat. This is a display-only bug that has no actual negative effects apart from the confusing way that the transaction gets displayed in your wallet's transaction history. Added to the programmers' todo list to fix it.