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Bitcoin Private Exchange

Bitcoin Private: What You Need To Know About Upcoming Bitcoin Hard Forks

Bitcoin Private: What You Need To Know About Upcoming Bitcoin Hard Forks

Bitcoin Private: What You Need to Know about Upcoming Bitcoin Hard Forks One of many hard forks of Bitcoin coming up. The upcoming hard forks for Bitcoin have not received near the coverage of the past three hard forks of Bitcoin: Bitcoin Cash (Bcash), Bitcoin Gold (BTG), and the canceled SegWit 2x fork (some thought it was postponed, including myself due to the confusion caused by the SegWit2x 2.0 fork, read more on it below). There are reasons for this; firstly, they havent had the same effect among the community (drama, just look at Bitcoins community split between Bitcoin and Bitcoin Cash, its ridiculous) and secondly nowhere near the same proponents like Roger Ver and Jihan Wu behind Bitcoin Cash, big influencers in the Bitcoin and greater crypto community. They along with Bcash fans view Bcash as the real vision of Satoshi Nakamoto. One thing anyone must note is treating forks of Bitcoin like altcoins. Despite the recent FUD (Fear, Uncertainty, Doubt) around Bcash and Bitcoin, you must understand their is only one Bitcoin. This doesnt mean a fork like Bcash or BTG wont be successful. What makes Bitcoin Private (BTCP) different about it from previous forks? Owners of both Bitcoin and ZClassic (ZCL) will receive BTCP at a one-to-one ratio upon the snapshot of the network. For example, if you own 10 Bitcoins and 30 ZCL, you will get 40 BTCP. For those unaware, ZCL is a privacy coin based on Zero Knowledge proofs (ZKP)that was forked from Zcash . In order to receive BTCP, it is recommended you store your ZCL and Bitcoin in private wallets to guarantee you receive your tokens. ZCLs only major exchange it is listed on is Bittrex, but Bittrex is yet to announce if they will support the fork. The total circulating supply for BTCP will be 18,500,000 (Supply BTC + Supply Z Continue reading >>

The Wait Is Over: Bitcoin Private Trading Is Live On Tradesatoshi

The Wait Is Over: Bitcoin Private Trading Is Live On Tradesatoshi

By Carlos Terenzi in Cryptocurrency News Home The waiting time is over, Bitcoin Private, the hard fork of Bitcoin (BTC) and ZClassic (ZCL) is now available to be traded on TradeSatoshi and Kucoin will follow soon. Furthermore, other exchanges like Bittrex are going to deliver the funds in the coming days. For those impatient cryptocurrency enthusiasts, Bitcoin Private is now live on TradeSatoshi, a London-based cryptocurrency exchange. The information has been released by TradeSatoshi on its Twitter account. Bitcoin Private $BTCP markets are live and users have been credited with the appropriate amount, reads the Tweet. Bitcoin Private $BTCP markets are live and users have been credited with the appropriate amount Trade Satoshi (@TradeSatoshi) March 7, 2018 On February the 24th, TradeSatoshi announced that they were going to support the Bitcoin Private for. Users that hold ZCL at the time of the hard fork at TradeSatoshi were going to receive the corresponding funds in Bitcoin Private. Each BTC and ZCL you were holding at the exchange gave you 1 BTCP. KuCoin has also started distributing BTCP tokens to BTC holders. According to an official statement , by KuCoin, the company informs that they are distributing BTCP coins to all users. KuCoin has started distributing the hard for Bitcoin Private (BTCP) to all users. You can check the distribution record through the deposit tab in your KuCoin account. Anyone holding BTC in KuCoin will be credited Bitcoin Private (BTCP) at a 1:1 ratio. The hard fork Bitcoin Private BTCP happened at BTC Block Height 511.346. Another cryptocurrency exchange that is working for its users to receive Bitcoin Private is Bittrex. Bittrex has officially announced that they are not going to support the Bitcoin private hard fork. But instead they are Continue reading >>

Coinbase Exchange To Support Withdrawal Of Bitcoin Forks

Coinbase Exchange To Support Withdrawal Of Bitcoin Forks

Coinbase Exchange To Support Withdrawal Of Bitcoin Forks Crypto exchange Coinbase will add support for the withdrawal of Bitcoin forks. Coinbase announced that it will support the withdrawal of Bitcoin forks across Coinbase products in the coming month, a Coinbase Medium post stated April 5. Adding Support for Bitcoin Forks to Coinbase pic.twitter.com/UWKnGp7etA While the exchange announced that this will make the withdrawal of assets associated with Bitcoin forks more convenient, Coinbase stresses that they are not announcing trading support for any specific assets at the time. Coinbase has no plans to support new forked assets in Coinbase Commerce. Support for the explicit withdrawal of Bitcoin forks will also be provided on GDAX. Coinbase Custody will also build infrastructure to support the withdrawal of Bitcoin Forks. Hard forks in digital currency are created via forks of the Blockchain rules, sharing a transaction history up to a certain time and date. Major Bitcoin forks are: Bitcoin Private (BTCP), Bitcoin Cash (BCH), and Bitcoin Gold (BTG). At the Deconomy 2018 conference in South Korea earlier this week, Bitcoin.com CEO and Bitcoin Cash enthusiast Roger Ver sparred with Blockstream Chief Strategy Officer Samson Mow about Bitcoin scaling. Ver said that Mows Bitcoin Core team, ...shattered the Bitcoin ecosystem into a thousand and one different altcoins and delayed the adoption of cryptocurrencies around the world by years. Continue reading >>

Bitcoin Private (btcp) Fork (zclassic + Bitcoin Fork)

Bitcoin Private (btcp) Fork (zclassic + Bitcoin Fork)

Bitcoin Private (BTCP) Fork (Zclassic + Bitcoin Fork) Torsten Hartmann February 1, 2018 4403 no comments Zclassic Plans a Bitcoin Fork Called Bitcoin Private (BTCP) The number of existing and upcoming Bitcoin hard forks continues to grow at an alarming rate, and it seems the next fork is always just around the corner. Last year also saw three hard forks of Bitcoin Bitcoin Cash (Bcash), Bitcoin Gold (BTG), and the canceled SegWit 2x fork. Bitcoin is forking again. This time Bitcoin is forking with ZClassic into Bitcoin Private (a privacy focused Bitcoin that mashes up the features of Bitcoin Gold and Zcash/Zclassic). For those unaware, ZCL is a decentralised, open-source cryptocurrency launched in November 2016 as a fork of Zcash. The plan is that owners of both Bitcoin (BTC) and ZClassic (ZCL) will receive Bitcoin Private (BTCP) in a 1:1 ratio upon the snapshot of the network. In other words you get one BTCP for every Bitcoin or Zclassic you hold (for example, if you own 30 BTC and 20 ZCL, you will get 50 BTCP). This is a rather interesting approach. However, it remains to be seen if this will give the project more legitimacy in the long run. So far, there is no official whitepaper providing further specifics. This means that theres plenty of room for speculation. The total supply of BTCP is expected to be 21 million. However, the total circulating supply will be 18.5 million, hence only 2.5 million will be available for mining. This number (18.5 million) appears to be some combination of ZClassics circulating supply (1.8 million) with bitcoins circulating supply (16.8 million). In order to receive BTCP, it is recommended you store your ZCL and Bitcoin in a private wallet or exchange that supports the fork when a still undefined Bitcoin block height occurs. The creator Continue reading >>

Bitcoin Private - Home | Facebook

Bitcoin Private - Home | Facebook

Bitcoin Private ($BTCP), a community-driven BTC/ZCL fork consisting of over 150 contributors, is now listed on #HitBTC. We would like to thank all the $BTCP community for your support, vigilance and team spirit. Trade $BTCP: Bitcoin Private is committed to decentralized, open source development to bring privacy technology to a mainstream audience. We continue to move forward toward a more decentralized model. Read more in our More newest community update: Community Update 7 Moving toward a more decentralized ecosystem We are strong believers in decentralization and in consensus driven planning, decision making, and execution. We want to thank our community for their support over the past few days. Below is a reddit post detailing some of the upcoming releases/events we have for next week: Bitcoin Private Update: Week 9 Releases and Events r/BitcoinPrivate Support from our community over recent events has been tremendous and overwhelmingly positive. We want to reiterate that none of our plans have... BTCP is larger than any one individual. We now have over 150 regular contributors participating daily. Today one contributor was removed, but many more will join in his place. Thank you Rhett for creating a community that will last for years to come. BTCP is larger than any one individual. We now have over 150 regular contributors participating daily. Today one contributor was removed, but many more will join in his place. Thank you Rhett for creating a community that will last for years to come. Community Update 6 Announcing the Bitcoin Private Rebase Bringing 3 years of blockchain infrastructure upgrades and innovations to BTCP We have a few open spots left for our networking / meetup event this Saturday, March 24th in SF! If you are a merchant vendor, a prospective partn Continue reading >>

Best Anonymous Bitcoin Exchanges

Best Anonymous Bitcoin Exchanges

There are several bitcoin exchanges on the market which allows you to use the services without verifying your identity . This means that during registration no personal details need to be provided. At an anonymous bitcoin exchange, most of the cases you just need to provide an email and a password and you can trade instantly. Advantages of Anonymous Bitcoin Exchanges The identity verification process at bitcoin exchanges usually involves providing personal details, such as name, address, date of birth and attaching proof of identity and proof of residence documents. Most of the exchanges require identity verification process for AML anti-money laundering and KYC know your customer regulation applicable in the country where they are operating. There can be several reasons why a user wants to avoid exposing personal information on a bitcoin exchange. Users can hide their credentials so no authorities, be it government or tax authority will be able to see their investments, profits and losses in bitcoins. It is also possible that you just do not trust the platform enough to provide your credentials to the owner of the site. Other people then just want to hide proceeds from various people, such as creditors, employees or even spouses for various personal reasons. On the other side, the verification process also includes providing documents to prove your identity in a form of a photo ID and prove your residence. Validating this information may take longer. While you can start trading right away after sign up for an anonymous bitcoin exchange as you do not have to wait until the verification process goes through approval at the platform. Disadvantages of Anonymous Bitcoin Exchanges The biggest limitation of anonymous bitcoin exchange platforms is they apply a certian thresho Continue reading >>

Bitcoin Private Team

Bitcoin Private Team

private, decentralized, fast, open source, Only available in English, Chinese, German, and Russian. Other languages will be available soon. Disclaimer: Translations from English may contain inaccuracies. Bitcoin Private uses the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable. Just like Bitcoin, Bitcoin Private supports peer-to-peer transactions without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public ledger. Unlike Bitcoin, Bitcoin Private supports a slightly increased block size while being more anonymous and secure than any existing Bitcoin-based currency without sacrificing transaction speeds. Bitcoin Private's entire codebase is publicly available for viewing and verification by anyone. It will always remain open source and be maintained by an ever growing community. In the nature of transparency and open source, Bitcoin Private is developed by team members all over the world. Each member fills roles and contributes based on his or her skill sets. There was no premine, and there is no founder's reward. Bitcoin Private has been released in a fair manner to all. Coins were distributed on a 1:1 basis to BTC and ZCL holders. Continue reading >>

'bitcoin Private' Is Here, But What's It Worth?

'bitcoin Private' Is Here, But What's It Worth?

'Bitcoin Private' Is Here, But What's It Worth? Mar 2, 2018 at 09:05 UTC|UpdatedMar 3, 2018 at 12:49 UTC With Friday's birth of a new coin called "bitcoin private," the cryptocurrency space just keeps getting more meta. The much-discussed launch finds the cryptocurrency being created from a copy of the zclassic cryptocurrency (itself a copy of zcash , which was a copy of bitcoin). But if that sounds crazy, it's all - allegedly - in the spirit of innovation. "The big experiment with airdropped coins was that they'll just fail, and if people are getting free coins, they'll just immediately sell them and it will dump down to pennies," said Rhett Creighton, who's leading the bitcoin private effort. Yet, in a number of cases, that notion just didn't pan out. Bitcoin cash,bitcoin goldand ethereum classic, three high-profile hard forks, are now valued at $1,285, $115 and $34, respectively. And for those who owned large amounts of bitcoin or ether, those launches meant big gains with little effort. But for zclassic, its fork wasn't exactly a success story. Zclassic flatlined throughout most of 2017, falling to under $2 per coin, while zcash stayed in the hundreds. Rather than walk away, though, in December, Creighton doubled down. "I would like to propose revitalizing zclassic by migrating it to become a bitcoin hard fork, 'Bitcoin Private' (or possibly another name)," Creighton tweeted . And although Creighton told members of a Telegram channel he didn't write any of the code or create the white paper, logo or website, his concept has come to life. In this way, bitcoin private is perhaps the pinnacle of the forking phenomenon, and in turn, it has become somewhat of a punching bag for crypto enthusiasts on Twitter. Trader Peter McCormack dismissed it as "brand stealing" and "u Continue reading >>

Guide To The Zclassic / Bitcoin Private Fork

Guide To The Zclassic / Bitcoin Private Fork

Guide to the Zclassic / Bitcoin Private Fork Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn In 2017, we saw several Bitcoin forks like Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond. In 2018, there are over 10 more on the way such as Bitcoin God, Bitcoin Private and Bitcoin Monkey.I am kidding about Bitcoin Monkey, but the amount of Bitcoin forks that are on the way are comical. For a more complete list including Bitcoin Ore and Bitcoin Pizza check out this page on upcoming Bitcoin forks . A fork in cryptocurrency occurs when the source code of a project is changed and a majority of the users can not agree on the change. If I added a line of code to Bitcoin that gave half of every block reward to me, most people would not agree with that. If I wanted to proceed, even though the majority doesnt agree, I could then fork the project creating my version (Bitcoin Monkey) that co exists with the original Bitcoin. I would use Bitcoins existing history which is basically a snapshot of where all the coins reside at a given time, as well as past transactions. One incentive of forking from Bitcoin, is that it brings a lot of attention, and a massively increased market capitalization of the coin. Market capitalization is calculated by multiplying the amount of coins in circulation by the last price a coin was sold for. When a coin forks, users may decide to not claim the fork, for whatever the reason (usually privacy). This creates a limited supply of the coin compared to its circulating supply. This makes the coin have lower supply than it appears to, which creates a fake market cap. Zclassic is a fork of Zcash but the difference is that all mining rewards in Zclassic go directly to the miners. This is clearly shown in the market cap rankings, as there are Continue reading >>

Bitcoin Private, One Week Into Mainnet Launch

Bitcoin Private, One Week Into Mainnet Launch

Bitcoin Private (@bitcoinprivate) March 9, 2018 There are ongoing conversations with other exchanges, such as KuCoin, and this remains a top priority for the contribution team. Reflecting back on everything that has happened over the past couple months with the inception of Bitcoin Private and the actual fork that occurred this past weekend, its easy to forget how early in the journey they are. One week into the launch of the BTCP blockchain and there is an exponentially growing community base (Twitter account following increased from 32,000 to 47,000 followers and BTCP Telegram group saw an additional 3,000 participants signing up, surpassing 10,000 in total), an ever-growing open-source contribution team on both the engineering and brand ambassador side (weve added 4 engineers to the team and 260 brand ambassadors), and several unsolicited inbound inquiries from business owners and vendors who want to start taking BTCP as payment. The team has realized that the demand for robust privacy payments products is real and already has plans to deliver on a light payment solution for vendors across the world. This will be a very challenging process as this will require that proper product development steps are taken to create a meaningful user experience, but the team behind Bitcoin Private is well equipped to execute on this. Aside from the enterprise product strategy that will be a key differentiator for Bitcoin Private, the core blockchain and wallet team has already made significant progress on hardware wallet development that will be critical in developing a relationship with mainstream wallet leaders such as Trezor and Ledger. The solution to the challenges and risks are clear. Bitcoin Private has to continue to execute on its roadmap and continue to demonstrate to the Continue reading >>

Zclassic Continues To Crash As Bitcoin Private Fork Looms

Zclassic Continues To Crash As Bitcoin Private Fork Looms

The Bitcoin Private hardfork is now upon us. Within the next few hours we should expect to see the airdrop that will be given to those who hold both Bitcoin and Zclassic. It was not all plain sailing as Zclassic was facing withdrawal issues at the Cryptopia exchange. Cryptopia was not going to honour the airdrop so users would not get much benefit from having the coins on exchange. Now it seems as if there is another problem that is plaguing the holders of Zclassic: the price. ZCL is still falling as we get closer to the fork. This is indeed surprising as pre hardfork coins are usually known to rally. We saw this recently with the increase in price of Litecoin and the Litecoin cash fork as well as the rally in Bitcoin last November on the SegWit2X rally. There are many ZCL holders now who are wondering exactly what gives. ZClassic has had quite an impressive price rally recently. Ever since the rebranding announcement, the price of ZCL has gone from a mere $4 to over $180 at a time. Below we have the price movement over the past 3 months from Coinmarketcap. Price of ZCL in 3 months. Source: Coinmarketcap.com This could have been perpetuated by two factors. One could be those who are trying to get their hands on the coin in anticipation of the airdrop. The only way that someone can claim an airdropped coin is through a holding the coin in question. However, there may also be another reason that the price has rallied so much. This could have been as a result of other opportunists who wanted to trade the coin while it was rallying towards the anticipated hardfork date. These traders are the ones who are likely to have been impacted by the recent fall in the price of ZCL. They would have had no interest in claiming the Bitcoin private coin and were only holding the Zclassi Continue reading >>

Forking Today: Bittrex Stance On Bitcoin Private Angers Zclassic Bagholders

Forking Today: Bittrex Stance On Bitcoin Private Angers Zclassic Bagholders

Forking Today: Bittrex Stance on Bitcoin Private Angers Zclassic Bagholders In less than six hours, zclassic will fork to create bitcoin private, a new privacy-oriented coin that uses zk-snarks to obfuscate transactions. Holders of bitcoin and zclassic will both be eligible to receive bitcoin private (BTCP) on a 1:1 basis. Theres just one problem: 93% of all zlcassic (ZCL) is on Bittrex exchange, which until today had neglected to pass comment on whether it would support the fork. As the price of ZCL has dropped sharply, bagholders have expressed their anger at Bittrex slowness to act. Also read: Bitcoin Private Fork Aiming to Make Bitcoin More Anonymous Bitcoin private has been a long time coming, with the fork of zclassic announced back in December of last year. Since then, traders have been steadily accumulating ZCL, causing its price to rise from $4 in early December to a high of almost $200. Everyone knew that ZCL would dump hard, but few expected it to do so before the fork. In the last 48 hours thats whats happened though, as the coin has plunged to a low of $73, a drop of 50% in less than a week. It had been widely assumed or at least hoped that Bittrex would support the fork. Given that 93% of the trading volume comes from the U.S. exchange, it has the power to largely make or break the launch of bitcoin private. As ZCL bagholders have vented their frustrations, other traders have crowed about selling the coin days ago, leading to acrimony. The fork is scheduled to take place on February 28 around 5pm UTC. The exchange finally broke its silence just hours before the fork was due to occur. In a statement, it wrote : Bittrex will NOT be supporting the market for Bitcoin Private but due to issues with the Zclassic wallet, we will offer Zclassic holders on Bittrex Continue reading >>

Statement On Zclassic [zcl] And Bitcoin Private [btcp]

Statement On Zclassic [zcl] And Bitcoin Private [btcp]

Bitcoin Private (BTCP) is a proposed "fork" of Zclassic (ZCL), combining the Unspent Transaction Output (UXTO) set of ZCL with the UXTO's of Bitcoin (BTC).The UXTO snapshots are considered the first ZCL and BTC blocks found after February 28th, 5pm UTC. Bittrex will NOT be supporting the market for Bitcoin Private but due to issues with the Zclassic wallet, we will offer Zclassic holders on Bittrex partial support through claiming and withdrawing BTCP. Bittrex has shut down the Zclassic wallet for deposits and withdrawals as a significant amount of coinbase transactions and UXTO's in the wallet has led to deposit and withdrawal delays. Please make sure you have cancelled any pending ZCL withdrawals. Bittrex will suspend deposits and withdrawals of ZCL until after the snapshots are complete and the wallet is in workable state. Bittrex will suspend the Zclassic market approximately 15 minutes before the snapshot time and perform an on-exchange snapshot of ZCL balances. The market will re-open after 5pm UTC once the on-exchange snapshot is complete. Bittrex will make all reasonable attempts to credit our ZCL users BTCP but until we have a fully supported wallet, we can not guarantee tokens. We will continue to monitor the state of the codebase and network. Since the ZCL wallet contains a significant amount of UXTO's to clean up and consolidate, we anticipate that BTCP will be available at least a week from the time of the BTCP network launch. Bitcoin balances will NOT be credited BTCP. The upstream project Zcash does not have these wallet issues as we worked closely with their team to implement the following changes: Continue reading >>

Bitcoin Private (btcp) | Beginner's Guide | Coin Central

Bitcoin Private (btcp) | Beginner's Guide | Coin Central

The Right to Privacy is a crowning liberty in the free world, and is essential to the principles set forth by Satoshi and the cryptocurrency community. Financial privacy is a critical principle in Satoshis vision of a new digital currency world, however, many people are still stuck at crossroads with pseudo-anonymous transactions on blockchains. Furthermore, there are government and private sector organizations that leverage massive datasets and machine learning to identify the individuals associated with such a transaction. ~ BTC Private whitepaper As Bitcoins blockchain grew over the years, its fixed, small block size and slow block times caused issues with fees and a backlog of transactions to be processed. In addition, the advent of ASIC mining hardware has further led to a pseudo-centralization of the network including the potential to de-anonymize portions of the network. Bitcoin Private (BTCP) is a first of its kind fork-merge of Bitcoin (BTC) and Zclassic (ZCL) . The goal was to combine the baked-in privacy features from Zclassic with the resilience, security and market awareness of Bitcoin. Bitcoin Private was issued using a 1:1 airdrop (1 BTCP per ZCL and BTC) which took placeon February 28, 2018. This has led to most of the circulating coin supply distributed among early BTC and ZCL holders. To remedy the uneven distribution, Bitcoin Private opted to use a larger block size (2 MB), shorter block time (2.5 min), and a GPU-friendly proof of work algorithm for mining ( Equihash ). Ultimately, the Bitcoin Private chain aims to create lower fees than Bitcoin as well as transaction speeds that are four to six times faster. Bitcoin Private is an amalgamation of two transaction systems transparent and shielded transactions. Transparent transactions operate on thesam Continue reading >>

Nano Exchange Helps Bitcoin Private (btcp) Find A Market Price

Nano Exchange Helps Bitcoin Private (btcp) Find A Market Price

NANO Exchange Helps Bitcoin Private (BTCP) Find a Market Price Trading XRB on the still-small exchange has been expanded with new pairs in the past days. The Nanex exchange was built to give access to buying XRB as the coin waited to be listed on larger markets and the BitGrail exchange floundered. Now, Nanex has expanded with new trading pairs against XRB. One of the brand-new assets listed is Bitcoin Private, a hard fork that had a tough time finding a willing exchange. Now, one BTCP trades at around 6.4 XRB, or around $78. XRB market prices have recovered somewhat to $11.64. On Nanex, XRB trades against Litecoin, Ethereum, and Bitcoin, on still limited volumes. Zeeshan Najeeb (@ZeeshanNajeeb) 9 2018 . The Bitcoin Private is delaying listings, despite the collection pool of ZClassic (ZCL) coins gathered by voluntary mining. Unfortunately, after the hard fork, ZCL depreciated rapidly, making the haul rather small for exchange listing fees. ZCL slid to $9.45, after one final spike to about $16. But now, Bitcoin Private has been added to the list on CoinMarketCap, with at least a chance to track prices. The asset has only been trading for a day, and has appreciated somewhat. Volumes are extremely thin, the equivalent of 45 BTC. At this point, BTCP is still in the price discovery stage, and the price can take any direction. Some Bitcoin forks, such as United Bitcoin, and Bitcoin Gold, traded at nearly $500 before sliding to a much lower range below $100. Others are having an even harder time. We have reduced our $BTC withdrawal fee by 75% to 0.00025 BTC. We have also reduced the minimum withdrawal to 0.001 BTC. We may take a look at reducing $ETH fees, but due to how ETH works we need to give it some time and gather more data first. Meanwhile, ZCL may expect to suffer ev Continue reading >>

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