News:
1) Bit-Z Voting ! (We created Bounty for this. Look at HomeWork (Instruction + Bounty)!
2) Rebranding ! Many asked us to change the name and rebrand — we did it. From now on, the official name changed from “Bitcoin White” to “BitWhite” !
New WebSite: http://bitwhite.org/
New Explorer: https://bitwhite.info/
New Forum: https://bitwhite.org/forum/index.php
New Twitter: https://twitter.com/BitWhite_BTW
New Reddit: https://www.reddit.com/user/BitWhite
We sended request for CMC too, step-by-step we change brand everywhere.
P.S. Please make a change of names\logos\links wherever you mentioned as “Bitcoin White”
3) Exchange “YoBit” — will add BTW (https://yobit.net/)
4) BTW is already traded on “Exrates” (https://exrates.me/)
5) We have observed how actively candidates started to act to become delegates, so we decided to give more freedom for each delegate by letting each member of the community to have direct influence on the project. Thus we have changed the proposed algorithm.
This is how BTW algorithm will work after consensus updates:
(New) — 40% of the delegate’s income will go to the Budget of DAO.
(New) — 60% of the delegate’s income will go to delegate, but from now, every delegate will have a list of those who voted for him, and he will decide — how many people in his TOP list will get his rewards (BTW), as well as reward amount. We remind you — the more BTW you have as a candidate, the more likely you will be on the distribution list of the delegate.
(As before) — The size of the candidate’s income depends on the weight of the candidate’s vote
(As before) — The weight of the vote depends on the amount of coins in the wallet
Please remember that the delegate who distributes most of the rewards may not be the best. A delegate can not only share rewards, he can also popularize the use of BTW, for a price increase, and perhaps for this he will need more resources, and so he may share less rewards, but that’s how he will confirm his effectiveness — it’s up to you)
P.S. On this week we will start testing consensus on test network, we will post a link for everybody who want to be a tester. Until the end of the tests, the system delegates will not be removed.
6) Administrators will be assigned to local chats only when the chat will have at least 100 people
7) On our YouTube channel, you already can find new promo for BitWhite (https://www.youtube.com/watch?v=GXO_oEW_45E) + teaser for BitWhite film (https://www.youtube.com/watch?v=BptCTT_k8FI).
HomeWork:
1) Mobilization! BTW goes to vote to add to the exchange Bit-Z, a top 12 exchange on the CMC, with $200,000,000+ volume, it is one of the biggest exchange in crypto industry!
Facts:
- Voting has start on 27th February.
Start time: 15:00,February 27, 2018 (UTC/GMT+08:00).
End time: 15:00, March 6, 2018 (UTC/GMT+08:00).
- Voting is conducted using VTC (Vote coin) cryptocurrency.
- We must get 1,000,000 VTCs in voting.
- You must get level 3 verification for voting.
- You will get 50 VTC for free when you make registration with our referral links. (USE ONLY OUR REFERRAL LINK: https://www.bit-z.com/user/signup?pid=1417969&lang=en)
- You will get bonus (rewards) in BTW too. The more VTC that you bring into voting — the more rewards you will receive.
- You can vote with a maximum of 200 VTC, remaining tokens can be purchased at “Bit-Z” OTC market.
- All VTC that you buy, will remain with you and you could vote for other projects and get bonuses for it.
- Referral link: https://www.bit-z.com/user/signup?pid=1417969&lang=en
Thank you for listening.
