Redpill me on this

Redpill me on this

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Other urls found in this thread:

eips.ethereum.org/EIPS/eip-918
etherscan.io/token/0xb6ed7644c69416d67b522e20bc294a9a9b405b31#readContract
twitter.com/VladZamfir/status/954819096922779649
medium.com/coinmonks/0xlitecoin-and-merge-mining-tokens-a0381effb31
medium.com/@admazzola/a-revolutionary-new-ethereum-smart-contract-pow-king-of-the-hill-5b68e6d9a51c
twitter.com/SFWRedditImages

- First fully mineable ERC20 token on Ethereum. Created by, and actively developed on, by the authors of the EIP918 protocol: eips.ethereum.org/EIPS/eip-918

- It is not a work in progress with dubious claims, but a finished and immutable smart contract. No ICO, no premine, and no founder's reward. You're not at risk of having 30% of the supply dumped on you secretly. The price isn't dependent on the anticipation of deadlines or conferences. 0xBitcoin is as transparent as can possibly be. If you read solidity, then go ahead and give it a read: etherscan.io/token/0xb6ed7644c69416d67b522e20bc294a9a9b405b31#readContract

- Big names in Ethereum, including Vitalik and Vlad Zamfir, have stated that Ether is not a good currency and functions best as gas: twitter.com/VladZamfir/status/954819096922779649

- Merge mining allows for 0xBitcoin to be an anchor on which future cryptoassets can be fairly distributed, giving devs an alternative to ICO, airdrop, and faucet for truly decentralized projects: medium.com/coinmonks/0xlitecoin-and-merge-mining-tokens-a0381effb31

- 0xBitcoin acts as more than just a currency; it is an effective PoW engine on Ethereum. Decentralized PoW has many applications when it comes to decentrally and non-randomly deciding arbitrary events within smart contracts. 0xBTC's mining is already functioning within the governance of the Lava network: medium.com/@admazzola/a-revolutionary-new-ethereum-smart-contract-pow-king-of-the-hill-5b68e6d9a51c

It’s a shitcoin

50 cents stable coin

- Developed by the 0xBTC contract deployer, Lava network will allow users to transact on Ethereum by paying in ERC20 tokens instead of in Ether. This paves the way for adoption of 0xBTC as the default currency on Ethereum, and relegates Ether to background utility status as was intended.

- As an ERC20 token, 0xBitcoin will scale with Ethereum and is virtually immune from 51% attack. Any improvements in privacy and transaction speed/cost on the world's most used smart contract platform will apply to 0xBitcoin without altering the contract code.

- With a market cap of just $1.6mil, 0xBitcoin can 100x and still only be half way towards the market caps of Bitcoin pretenders like Bitcoin Gold and Bitcoin Diamond.

stop creating this thread you fucking shill, not fooling anyone

There's worse. Link for example.

It's the first mineable ERC20 token in existence. "Bitcoin on Ethereum" has been a tagline thrown around since it follows nearly all the same parameters of Bitcoin except its secured by the largest and most used smart contract platform.

It has a hard cap, is deflationary, and has a 100% completed smart contract codebase, unlike Ether which is not likely to have a hard cap, will continue to be inflationary, and has an unclear monetary policy plan. 0xBitcoin is primed to become THE cryptocurrency on Ethereum while Ether remains a utility gas token, utterly inept at being a true cryptocurrency.

market is fucking dead stay in usd or bitcoin

Who made the most money off the latest bullrun? The miners

0xBTC is secretly mined by the developers with ASICs, they have not shared the binary to mine 0xBTC with ASICs, they are trying to replicate the success of early bitcoin miners by mining the lion share of this coin, then paying people to create shill threads and manufactured demand

0xcurrycoin

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You do know what an ASIC is right? It would cost more than the entire market cap of 0xBitcoin to engineer and manufacture an ASIC for the hashing algorithm... This is the worst FUD I've seen all week (and I saw someone bring up eBTC a few days ago so it's saying a lot)

We are going to make it guys. I'm passing on the Lambo and getting a MacLaren 720s. Cheers!

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But if it’s the exact same PoW as btc then ASICs for the hashing algo already exist and anyone can mine just as well as the devs. You’re right that is wrong (checked btw) but you’re also wrong.

>unlike Ether which is not likely to have a hard cap, will continue to be inflationary, and has an unclear monetary policy plan. 0xBitcoin is primed to become THE cryptocurrency on Ethereum while Ether remains a utility gas token, utterly inept at being a true cryptocurrency.

ETH was never intended to be nor marketed as currency.

the mining is set up the same way (total supply, halving, difficulty adjustments etc), but the algorithm is different. BTC uses SHA-256, 0xBTC uses SHA3, so the ASICs aren't compatible

From yesterday

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Well it's not the EXACT same PoW as BTC, since BTC uses an SHA-2 algorithm, while 0xBTC uses an SHA-3 algorithm (which is in the Keccak family of hashing algorithms).

The ASICs for Bitcoin are not applicable to 0xBitcoin because of this difference. 0xBTC is not "ASIC resistant" however, and it would be possible to make an ASIC for it. But again, that would require a lot of investment into engineering. There's no evidence that anyone has an ASIC for 0xBitcoin despite what that other user said.

twitter.com/VladZamfir/status/954819096922779649

This top Ethereum dev agrees

pajeet shitcoin btc clone
literally does nothing
literally worth nothing
literally a dead shitcoin with less than 10btc of actual volume a day

comfy 9k holder