DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

BitcoinDark (BTCD)

BitcoinDark, or BTCD, is a somewhat unusual alt coin in a couple of different ways – firstly it was the first crypto currency to offer coin holders a share in a regular monthly dividend denominated in Bitcoin. Secondly, its core mission seems to be based around co-operation with, rather than competition against other alt coins. What I mean by that will become increasingly clear if you read the rest of this article.

One of the main features of BitcoinDark is anonymous transactions. This is accomplished by conducting transactions outside of the public block chain, but nevertheless verifying those transactions through the public block chain; This is called 'teleporting'. Unlike other 'anon coins', however, BTCD's anonymous transactions are not only available to people sending money or making payments using BTCD itself – the aim is for people to also be able to make anonymous Bitcoin transactions through BitconDark's teleport technology. Effectively this would mean that the BTCD network would act as a kind of coin mixer for Bitcoin transactions.

The transaction fees incurred by people using the BTCD network to make anonymous Bitcoin payments are to be paid out to coin holders as part of the regular dividend payment. But it does not stop there, as a range of other services will also help to generate revenue for people who hold BitcoinDark.

SuperNET – A Collaborative Crypto Currency Network

The lead developer behind BTCD is known as 'Jl777', a well known entrepreneur within the NXT community who has been involved the in the development of a wide range of features being planned for NXT. Many of these NXT projects will be integrated into BTCD and will help to generate revenue to bolster the coin holder dividend. These projects include:

  1. The Asset Exchange: The NXT asset exchange functionality will be available to users of BTCD and the 'SuperNET' which is described below.
  1. The Multigateway: a decentralized trading exchange for crypto currencies which uses multi-signature wallets to issue 1:1 backed coin assets onto the NXT asset exchange for all supported coins. This means that people can use NXT's decentralized asset exchange for trading crypto currencies without having to trust their funds to a centralized service provider.
  1. PrivateBet: Decentralized anonymous betting.
  1. InstantDEX: A 'real-time trustless trading system', which is based on the NXT Asset Exchange but allows for mch faster transaction times so as to support the kind of fast paced trading which users of centralized exchanges are familiar with.

These projects will form the basis of a 'collaborative crypto currency network' called the 'SuperNET' which other coins will also be able to join.

Any coin which chooses to join the network will be required to add a button to their QT wallet which will provide a window for their users onto the SuperNET. Those users will then be able to search different coins by feature, and instantly convert the required amount of their balance into the appropriate coin using InstantDEX in order to take advantage of that feature. All of the NXT projects listed above will also be available through the SuperNET and a portion of the fees from all these things will be paid out to BTCD holders as part of the dividend. Coin developers will be able to apply to join this network if their coin has unique features, and will then be able to take advantage of InstantDEX for things such as trading bots for their coin, or auto convert into BTC so their users can spend their coins anywhere Bitcoin is accepted.

To pay for the development of the SuperNET technology an IPO is planned, which will be held on the Poloniex exchange. This IPO will be for shares in the superNET which will be created as NXT assets following the IPO. At first coins will be listed on the SuperNET according to their popularity, but in time jl777 plans to add the option for paid positions at the top of listings, and the revenue generated from this will be paid out to holders of the SuperNET asset.

Two other notable features planned for BitcoinDark are an anonymous debit card and the ability to use the C programming language to write turing complete trade bots.

BitcoinDark Specifications

  • Pure Proof of Stake following short PoW period
  • Proof of Work Coins generated: 1.6 million
  • Proof of Stake Reward: 5% per year
  • Minimum Coin Stake Age: 8 hours

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