Tuesday, October 23, 2018

0xBitcoin General - Weeks 43 and 44, 2018

Day 142, still bagholding. Doesn't matter though, cause fundamentals still solid; blockfolio deleted a long time ago.

Some general stats (and changes since last time):

Mining difficulty: 818,109,875 (+12.67%) (next: ~821,808,011) (+11.54%)​

Estimated hashrate: 4.17 Th/s (-20.11%)

Current average reward time: 13.73 minutes (+31.51%)

Tokens minted: 3,280,900 0xBTC (+3.32%)

Token holders: 4494 holders (+1.83%)

Total contract operations: 187886 txs (+0.46%)

Source: https://0x1d00ffff.github.io/0xBTC-Stats/?page=stats&#

Tokens required to be a top holder (and changes since last time):

Top 10: 36197.32435793 0xBTC (0.00%)

Top 25: 22696.27021038 0xBTC (+8.07%)

Top 50: 14174 0xBTC (+5.15%)

Top 100: 6860.91934523 0xBTC (+2.28%)

Top 200: 2950 0xBTC (+2.64%)

Top 300: 1543 0xBTC (+2.86%)

Top 500: 607.62911227 0xBTC (+1.16%)​

Top 1000: 158.19372159 0xBTC (-2.46%)

Source: https://etherscan.io/token/0xb6ed7644c69416d67b522e20bc294a9a9b405b31#balance

Recent events:

  1. Constantinople was delayed due to errors discovered while testing. Probably won't be live before 2019. https://www.coindesk.com/ethereums-constantinople-hard-fork-is-being-delayed-until-2019/
  2. Infernal_toast has been working tirelessly on the Lava Network, with new breakthroughs being made weekly. When asked to comment on the main function of the innovative network, the elusive software developer only said that it'll "pump it". The network is expected to go live "soon".
  3. Lodge proposed building a sidechain on Ethereum for 0xBTC with the pimp-ass name 0xBitchain. From the Discord: The proposed sidechain would be based on a non-POW consensus mechanism. With goals of performance and scaleability in mind first, consensus nodes could run on a Raspberry Pi; If 0xBitcoin has a scaleable side chain with a value bridge to mainnet, the Pools could exist in a distributed environment treating solidity and transaction scaleability as first class citizensso...
    A. Mine 0xBitcoin on mainnet, cause POW Token distribution is gangster
    B. Move some over to 0xBitchain
    C. Pay txns to Dapps on the chain directly in 0xBitcoin, for a fraction of a fraction of the cost on mainnet
    D. When done, move 0xBitcoin back to mainnetIts not a new paradigm, it's a side chain bound to a token, only in our case, it's a fairly distributed token.This link has more info on the proposal. http://forum.0xbtc.io/t/concept-0xbitchain-a-layer-2-sidechain-that-runs-natively-on-0xbitcoin/117

There was probably lots more going on, but I was away for most of the past two weeks, so feel free to add to the list in the comments section.


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