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The BLAKE2b fork nearly got taken over by 46% AlphaPool - but then they agreed to a 30% cap for decentralization. Mechanic responded by coding a blacklist to make AlphaPool’s coins unspendable. The code is so bad that Luke adds “DO NOT RUN THIS CODE" to GitHub. Who tries to freeze their competition's coins?
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Here a #BLAKE2B# Template: Here the single Stratum: stratum+tcp://pool.pyblock.xyz:21008 Thanks @curly60e, @LukeDashjr and @_PyBlock_. 🧡
If the exchange doesn't like BIP110-Blake2b-BTC, it is precisely because they are afraid that the old SHA256-BTC will be replaced, and they are worried that centralization will be replaced by decentralization! So don't be afraid, because we are here!
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Remember this moment in history, as BIP110-Blake2b-BTC is rewriting its decentralized stage.
There are people out there right now, who are selling BTC to buy Blake2b ASIC rigs...so they can mine an absolute failed shitcoin fork of Bitcoin... ...right as BTC rallies off its bear market low. Chefs kiss.
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It feels great when Bitcoin becomes a monetary system again, rather than an online hard drive for storing non-monetary data. Running Bitcoin (with Blake2b PoW).
Dialogue from a Chinese mine owner Question: Would you be willing to spend 355 USDC on the NeoxEX exchange to purchase an XBT coin? Answer: No, because the cost of mining XBT in my Chinese mine is only 10 USDC per coin! Question: Then, after mining an XBT coin, it needs to be locked for 45 days before it can be used. Are you willing to bear the cost of these 45 days? Answer: Of course, I can bear the 45-day lock time. Because the electricity cost for mining in my Chinese mine is only 0.03$ per kilowatt-hour. Moreover, I mined a large amount of XBT coins through the SV1 protocol of the mining pool in the early days, and now I am continuously unlocking them. So I can recharge to the NeoxEX exchange to obtain USDC liquidity to cover the cost! #XBT# #BLAKE2B# #BITCOINKNOTS#
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The friends from abroad are really wealthy. It only costs 10$ to mine one XBT coin from the Chinese mine. However, you pay a price that is 30 times higher to purchase the XBT coins from the Chinese mine. This is because the electricity cost is only 0.03$. Moreover, all the XBT coins are mined through the SV1 protocol. At that time, we will steal all the USDC liquidity in NeoxEX, causing significant financial losses to everyone! #XBT# #BLAKE2B# #BITCOINKNOTS#
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These are all the new block rewards I discovered through local DATUM mining. They are still within the 45-day lock-up period. However, the block rewards I obtained through the previous SV1 protocol have all been unlocked. I don't plan to use the previous block rewards, so I'll just leave them in the wallet! #XBT# #BitcoinKnots# #Blake2b#
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The XBT coins purchased by everyone at the NeoxEX exchange were all generated from the block rewards mined by most of the previous Chinese mining facilities using the SV1 protocol. However, the block rewards actually mined using the Bitcoin Knots Node DATUM currently are under a 45-day lock-up period. #XBT# #BLAKE2B# #BitcoinKnots#
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