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Saturday, 25 May 2013

BitBar [BTB] new coin , 1 block reward 0.16 coin !

Posted on 08:53 by Unknown

BitBar is a cryptocurrency designed to be extremely rare and thus hold a larger store of value per unit than conventional cryptocurrencies such as Bitcoin or Litecoin.


It is based upon the Novacoin codebase which uses Scrypt as the hashing algorithm and the fast continuous exponential difficulty adjustment/reward of PPCoin. This makes it highly ASIC resistant, meaning specialist mining equipment built into chips is very costly to manufacture efficiently. (thanks mr_random)

Technical:
* Proof of Stake + Proof of Work (based off of Balthazar's Novacoin code as well as the RareCoin and Fairnova projects)
* No premine like Novacoin has been accused of having
* Dynamically adjusting difficulty and reward calculation

Psychological:
* Ultra rare
* Is the first altcoin that is trading at a higher value than BitCoin per unit (correct me if I'm wrong)
* Novel "bar" concept -- breaks from the "coin" idea. Bar concept holds meaning in people's heads as inherently more value than "coin", i.e. "gold bar" vs "gold coin"

General BitBar Info

      BitBar Homepage - http://www.bitbar.biz
      The BitBar Forum - http://bitbartalk.com/
      BitBar Network Stats - http://www.bitbar.info/stats/index.php
      BitBar @ Reddit - http://www.reddit.com/r/bitbar/

  BitBar Block Explorers
          http://btb.cryptocoinexplorer.com/

 Official Client Mirrors
          Source: https://github.com/aLQ/bitbar
          Windows (zip): Sourceforge
          Linux x64 QT+Daemon (tgz): Sourceforge,  GDocs (mirror 2)
          Linux x64 Daemon (tgz): From bitbar.biz (WGET friendly link)
       
 BitBar mining calculators
          Coinchoose.com

BitBar Exchanges 
bter.com
https://www.cryptsy.com
         
BitBar Mining Pools

binarycoins.eu - http://btb.binarycoins.eu
http://btb.ltcoin.net

Solo mining:

conf file:

  server=1
  rpcuser=USERNAME
  rpcpassword=PASSWORD
  rpcallowip=127.0.0.1
  rpcport=9344

code cgminer:

cgminer --scrypt -o http://127.0.0.1:9344 -u USERNAME-p PASSWORD


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