Author Topic: The first (ever?) cryptocurrency to fork into BTS ecosystem - EXCL - Discuss.  (Read 3118 times)

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Offline btswolf

We are talking about a coin with a marketcap of $7,000 ?! Seriously....

Offline ripplexiaoshan

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How many users can you bring to BTS   & how much money do you want from BTS to accomplish the whole thing? :o 
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Offline kingscrown

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I think you do not need to pay exchanges for the swap of 1:10. You need to convince your user base to move over to the new chain (with the new supply) and let the POW chain die.  As for masternode, bts does not use masternode but its own set of DPOS witnesses.  Have you considered that?

I know there is no masternodes but i have found 1 developer here capable of doing somethign similar in sense of working (that for havin big amount of coin you get bigger stake than normal PoS]..
If you can do it other way or help would be of course appreciated
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Offline kingscrown

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You might want to post this on steemit.com

that's the new forum where everyone is at now

why?

Because there is a rogue ai blockchain robot over there hemmoraging millions of dollars and giving it away to people who post and upvote cool threads like the one you just started here in zombieland

no shit

www.steemit.com

Actually i did - hope it gets more fraction.
https://steemit.com/bitshares/@kingscrown/the-first-ever-cryptocurrency-to-fork-into-bts-ecosystem--excl--discuss
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Offline cube

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I think you do not need to pay exchanges for the swap of 1:10. You need to convince your user base to move over to the new chain (with the new supply) and let the POW chain die.  As for masternode, bts does not use masternode but its own set of DPOS witnesses.  Have you considered that?
Exchanges do need to change their withdrawal/deposit function to BTS-based if the coin will be traded on the exchange in the future. Not too hard if it has BTS or other BTS based assets already.


Yes, he can consider using the exchanges who have experienced with graphene-based chain - poloniex, btc38, yunbi, bittrex and of course our DEX gateways openledger, blocktrade, metax.
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Offline abit

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I think you do not need to pay exchanges for the swap of 1:10. You need to convince your user base to move over to the new chain (with the new supply) and let the POW chain die.  As for masternode, bts does not use masternode but its own set of DPOS witnesses.  Have you considered that?
Exchanges do need to change their withdrawal/deposit function to BTS-based if the coin will be traded on the exchange in the future. Not too hard if it has BTS or other BTS based assets already.
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Offline cube

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I think you do not need to pay exchanges for the swap of 1:10. You need to convince your user base to move over to the new chain (with the new supply) and let the POW chain die.  As for masternode, bts does not use masternode but its own set of DPOS witnesses.  Have you considered that?
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Offline Erlich Bachman

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You might want to post this on steemit.com

that's the new forum where everyone is at now

why?

Because there is a rogue ai blockchain robot over there hemmoraging millions of dollars and giving it away to people who post and upvote cool threads like the one you just started here in zombieland

no shit

www.steemit.com
« Last Edit: May 19, 2016, 11:24:17 pm by Erlich Bachman »
You own the network, but who pays for development?

Offline kingscrown

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Hello.
I have been speaking about it with a few prominent guys here and decided to give this a shot.




This is in idea phase so i would liek to know if you guys are interested, think this is good idea or not.

To the point.

Im the creator of EXCL Exclusive Coin, made September 06, 2014.
The coin used to trade on Cryptsy (and as you know getting on Cryptsy wasnt that easy back then) and trades on Bittrex from launch.

The coin is 2 years old, has PoW/PoS of x11 and really huge blockchain (its one of the fastest confirming coins you will ever see of this kind).

I have spoke with community and we have decided we wantto restart the blockchain and do swap of 1:10 to make supply smaller and kill PoW.

I wanted to go into some kind for kof DASH but with Masternodes and PoS. Then i have found BTS.

The plan is to move EXCL from its own chain to BTS and make this a pretty new move in crypto sphere.

Profits for BTS?
- Media buzz on new thing added
- New users (the coin is 2 years old and trades on exchanges)
- More exposure

Thing is to move EXCL here instead of forking it just to anything else [ie DASH] is pretty expensive. The stuff that needs to happen is:
- pay coder thats good with BTS to make type of MasterNode/PoS system
- pay exchanges to do swap of 1:10
and few other things i cannot describe right now.


So there is an idea to make crowdfudning for this little bit in a way that guys from BitARS did.

So please write your thoughts and lets see how it goes.

Few interesting links abour EXCL from medias:
https://bitcoinmagazine.com/articles/hard-rock-hotel-casino-punta-cana-in-the-dominican-republic-now-giving-discounts-for-using-bitcoin-exclusive-coin-1416213193
https://www.cryptocoinsnews.com/excl-coin-backed-by-real-things-with-known-dev/
http://cointelegraph.com/news/if-we-cant-use-paypal-100-what-is-the-purpose-then-ronny-boesing-ceo-ccedk (we are mentioned in the very end of article as possible CCEDK add)
http://www.bite01.com/503.html
http://www.digitaljournal.com/pr/2215678
http://fuk.io/exclusive-coin-the-first-crypto-backedup-with-commodities/
« Last Edit: May 19, 2016, 11:07:22 pm by kingscrown »
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