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BitCoinFast date of rebirth 06/22/2017 BitCoinFast is a Decentralized CryptoCurrency that will be used by those that use BitCoin but prefer a faster version. It can take up to an hour sometimes just to complete a BitCoin transaction. BitCoinFast with its 60 second block times can complete a transaction in a blink of the eye. Nobody wants to leave any substantial amount of BitCoin on any given exchange as we have all seen both the biggest and smallest exchanges fold up and everyone loses. Yet there are times when opportunities arise and you need to get a certain amount of BitCoin onto an exchange in order to not miss out on a great price or arbitrage, however after an hour waiting for your BitCoin deposit to confirm those good deals are long gone in most cases. The answer to a situation like that is BitCoinFast. Through widespread adoption and eventually multiple exchanges that will host BitCoinFast that problem will be eliminated. Help us make BitCoinFast the coin with a purpose. We welcome the growing BitCoinFast Community and look forward to mass adoption. BitCoinFast is a Scrypt Hybrid POW/POS with 33 Million POW Coins and a 25% Annual Stake. |
SPECIFICATIONS Algorithm: Scrypt POW/POS Total initial supply: 2.5 Billion POS=25% Annually Block time: 60 seconds 10 Coins per block | **(100 Coins per Block for first 24 HRS for early adopter)** Block Maturity: 60 blocks Pre-mine= 1 Million with 300k going to Cryptex Exchange for having it listed same day its launched. POS INFORMATION Network-Stake- 25% year Min Coin Age: 1 day (24h) |
Explorer http://bcf.Altcoinwarz.com Website http://BitcoinFast.co Source Github Windows-QT Goolge Drive |
Sample BitcoinFast.conf rpcuser=username rpcpassword=password rpcallowip=127.0.0.1 addnode=bcf.Altcoinwarz.com rpcport=25672 port=25671 |
date of rebirth 06/22/2017
in looking through the code, Ive decided to add Kimoto Gravity Well for difficulty adjustments.
It should work much better (just about anything will work better than it is now)
I still have to test if for several days to make sure the switch works correctly, and the affects are positive.
When every thing checks out ok, I will update the github repo and post a new windows-qt wallet.
I will need everybody's help in spreading the word of the mandatory update, including pools you may be using.
Time frame wise, I'm shooting for the middle of next month, I want to have plenty of time to get the word out.
Mandatory Update
please update before midnight Sunday Nov. 19th UTC
Kimoto Gravity Well has been added to BitcoinFast to replace the way difficulty is figured.
the switch is set for the first block after Monday, Nov. 20 00:00:00 2017 UTC
github is updated:
https://github.com/Crypto-Currency/bitcoinfast
Link to Windows-QT wallet is under the status tab on the website:
http://bitcoinfast.co
or click here
10 days left - Mandatory Update
please update before midnight Sunday Nov. 19th UTC
Kimoto Gravity Well has been added to BitcoinFast to replace the way difficulty is figured.
the switch is set for the first block after Monday, Nov. 20 00:00:00 2017 UTC
github is updated:
https://github.com/Crypto-Currency/bitcoinfast
Link to Windows-QT wallet is under the status tab on the website:
http://bitcoinfast.co
Mandatory update - Bitcoin Fast
Sorry about the delay with the new wallet - but IT IS READY!
There were several things wrong - I would find one problem and correct it - then test it for a week, and other issues would show up.
I now know why the wallet has never staked properly since the day is was made.
It does now.
Web site has been updated - you can download the new wallet at any time now.
It comes as a windows installer now
github repo has been updated - please tell all the pools about the:
MANDATORY update.
The fork will happen at Monday Feb. 26 00:00:00 UTC
so there is plenty of time to spread the word.
Mandatory wallet update - Bitcoin Fast
Please update your wallet by Monday Feb. 26 00:00:00 UTC
This fork will correct the issues with staking.
Mandatory wallet update - Bitcoin Fast
Cryptopia is on the new BCF wallet.
Please update your wallet by Monday Feb. 26 00:00:00 UTC
This fork will correct the issues with staking.
Mandatory Bitcoin Fast wallet update.
Please update by Mon Feb 26 00:00:00 UTC 2018
The new code in the wallet is working well.
the PoS difficulty has dropped from 139 to 30 so far (30 hours after the fork).
As more wallets stake, the difficulty will continue to drop, as it should.
The rate of decrease will slow as we move on.
It's nice to see so many POS blocks in the explorer
Mandatory Wallet Update:
Due to a vulnerability in the kimoto Gravity Wall (KGW) used to compute the difficulty , there will be a mandatory wallet update.
The time and date is set for the fork - Sun Mar 11 00:00:00 UTC 2018
The github repo is updated
- so those of you who roll your own, you are set to go.
http://github.com/crypto-currency/bitcoinfast
the new mac wallet is
https://drive.google.com/open?id=1tIKdFf_AHWiOpf1ahaEmT5SWcKTdo9CL
the new windows wallet is
https://drive.google.com/open?id=1nbeR7rGyScsvjkMvI4RbXyKq5fcnco3C
It will be a little while before I can get the web site links updated.
Hello,
I am very interested in BitcoinFast and would like to help.
The first thing I notice is that Cryptopia does not show a deposit that goes to the BitcoinFast address. And therefore, it is not possible to make a conversion.
When I connect to a wallet, it often tells me that only one connection is active.
How can I help make multiple connections?
I have several servers - does this mean that I just have to leave an active wallet somewhere and that it will help the network?
I have both Win and Linux servers, so I can install what's needed to help BitcoinFast network.
And I think it is very important to first resolve the deposit problem first.
Cryptopia simply does not show a deposit.
Best Regards,
Ljubomir
A cool coin, will soon make X5 again .