/biz/ - Business & Finance

>>16684031
Where all my 0xBTC bros at? Fuck outta here BSV shills. Creg is not Satoj. All hail Satoast!

>>14783377
When COSS accepts the application.
>>14783760
This is why a deflationary, almost technical copy of Bitcoin on Ethereum is preferable over BTC, BCH, and BSV. It's the most decentralized crypto to date. Banking on Ethereum upgrading and scaling. When Ethereum does that, 0xBitcoin will emerge as the best available store of value and cryptocurrency.

>>14320469
False. It is Bitcoin's whitepaper coded on Ethereum. The security is dependent on Ethereum instead of its own chain.

https://www.youtube.com/watch?v=BK68jbXOIWY

Hardly a bad idea at all.

All those forks of Bitcoin like Bitcoin Gold, Diamond, Bitcoin Dark. They don't do anything different from Bitcoin. 0xBitcoin on the other hand, lives on Ethereum and interacts with all erc-20 tokens. It can be plugged into dapps. It's immune to 51% attacks. It's got the same fundamentals as Bitcoin with the smart contract capabilities of Ethereum.

So many scams and /biz continues to buy them. Is this the direction and future of crypto? Just trading coins back and forth all day? Pathetic. 0xBitcoin is a true cryptocurrency. But go ahead and buy some chainlink or some other shilled alt that was airdropped or has a monarch controlling the supply. 0xBitcoin is pure mined and only distributed by the same proof of work Bitcoin uses. It's not trying to be Bitcoin; no coin can be Bitcoin but Bitcoin. It's trying to be the first mineable token on Ethereum and it's in complete form. There's no code to update. It's done. As Ethereum upgrades, it enables 0xBitcoin to reap the benefits of it.

Open your eyes /biz.

The best implementation of Bitcoin to date that doesn't need to be mined to secure its network. In fact, it relies on Ethereum for protection and upgrades as Ethereum upgrades.

Ethereum is a work in progress like crypto still is. The problems we face are fungibility, scalability, and protection of privacy. Ethereum upgrades [Constantinople and Serenity] will increase 2 out of the 3. Fungibility can be built in a sidechain using zk-SNarks and zk-STarks protocols. Sharding and Proof of Stake are the main destinations for Ethereum.

When all of that happens, 0xBitcoin will be the only pure mined token with Bitcoin's statistics as well as being the most natural in distribution. It works as a true store of value and aims to be the official currency token used on Ethereum's platform.
Some of the developments in the community include Lava Wallet, a relayer network that the sender can use 0xBTC and ERC20 tokens to pay for gas when they do not have any ETH. Another person such as the receiver or a relayer can pay for gas. There are new miners being made. Merge mining and an offchain layer 2's such as 0xBitchain is in the works. the 0xBitcoin Foundation is being built.

Again, this project had zero up front funds to pay for exchange listings and held no ICO. This token has no pre-mine and no official team produces the products for it. It's an open source, open community just like Bitcoin was in the beginning when Hal Finney was alive.

Nobody is trying to steal the idea of Bitcoin here and say it's the real Bitcoin. BTC is the real Bitcoin forever. This is Bitcoin as a token on Ethereum. So if Ethereum develops tons of dapps with real world use, this token makes perfect sense to be the store of value and token for trading on Ethereum.

>>12747983
0xBitcoin. https://youtu.be/BK68jbXOIWY

Same reward, difficulty adjustment, and other fundamentals as Bitcoin. Built on Ethereum, it is immune to 51% attacks. You have to attack Ethereum to attack 0xBitcoin. The first mineable erc20 token. The first fully decentralized cryptocurrency that isn't controlled by a group (i.e. Blockstream) and can work with smart contracts on Ethereum. Ethereum is viewed as a world computer in development and eventually will be that if all goes according to plan. It uses proof of work for distribution only. Dapps can be built to include it. It's a faster implementation of Bitcoin. Vitalik wanted to build Ethereum off Bitcoin. Now Bitcoin is built on Ethereum. DYOR people.