BIT is the market symbol and short name for Bitnet.
The BIT network is decentralized and Always Available World Wide. BIT is an open-source and multi-chain
Subway sauce cardboard design
1 oz cup
Cardboard lid
Subway artwork
1/2 gallon sauce metal exterior sauce pump
3 of them
Ketchup sauce
Barbecue sauce
Honey mustard sauce
For steak sandwiches
BEFORE YOU INSTALL ELECTRUM-BIT-4.2.2 FOR WINDOWS MAKE SURE YOU BACKUP ELECTRUM-BIT in Roaming directory C:\Users\AppData\Roaming\Electrum-BIT by renaming it to Electrum-BIT-4.1.5 and always keep a backup of your seed phrase to 4.1.5 just in case
Bitnet network hashrate has surpassed
#PoW
Giants $KAS $ETC $AR
A big thank you to our incredible community and miners.
Let's keep this momentum going!
donation address from main landing page the donations are use to expand to more exchanges to pay for exchange listings and to pay for more development
if anyone feels like donating to get us into top exchanges sooner we appreciate it
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we definitely have smart contracts for NFTs with BIT-20 since we have taproot already for Bitnet-QT we are going to research how to launch BIT-20 tokens for NFTs since the Bitnet IO blockchain already supports "taproot"
Cheers to 2,000 amazing followers 🍻
We're thrilled to have such a supportive community and we can't wait to continue growing together.
Here's to many more milestones! $BIT
NFTs are now working download bit-ord and BitSparrow to start NFTs on the Bitnet blockchain
requires txindex and rpcauth with bitnetd running read the ordinals handbook to get the general idea
OUR FIRST NFT published
Our reduction down to 100 BIT blocks is a success!!!!
we just cross block 150,000 and our block rewards are now 100 BIT per block
our 10,000 BIT per block promotion is over 100 BIT blocks are here to stay indefinitely ....
Today is the 1 year of anniversary of Bitnet IO and we are now 1 year older March 1st 2024
looking back on the last year we have made many advancements
even today we officially annouce we have launched a version of Stacks Blockchain on our network to enable "BitStack" tokens
we would like to thank one of our discord members "Satrox" for donating $1,000,000 BIT to get us listed on
we are going to list on in the next few days
BitOrdinals now supports STX for sending and receiving only using Bitnet IO's BitStacks Layer 2 chain
::: as of 03-05-2024 still testing
nothing is definite i am still experimenting with the launch of the chain for BitStacks and had to restart the genesis block several times
made progress with the BitOrdinals Wallet to support our BIT-20 tokens we just need to add us to their platform so our users can create BIT-20 transfer inscriptions from their token balances
pool is now working 100% with testnet for b-nomp code
the site is also running a copy of p2pool in testnet mode until we reach block height 125,000 to activate aurum (p2pool is still not working 100% yet needs more testing)
If everyone contributes some $ liquidity to the Xeggex BIT/USDT liquidity pool, we will collectively experience much more stability, accessibility, and risk reduction within the Bitnet IO project. Thank you to anyone who considers adding to the liquidity pool!!
Electrum-BIT Linux and Electrum-BIT Windows are now version 4.2.3 fixed a bug with electrum/bitcoin.py for large wallets that hold more than 21,000,000 BIT
SUCCESS WITH CPU MINING EVERYONE!!!
our CPU mining is now working perfectly on our chain and our large NFT support is also now working 100%
now everyone with a home computer can earn BIT
again new version in the last few minutes 03-21-2024
lower fee from 1.40 to 0.99 now to --> 0.03 STX to send
seems like using 0.03 as a low fee is more reliable for the transaction to make it into the microblock to get confirmed on the next block using
Electrum-BIT 4.2.5 for windows, linux, android now has two server connections to choose from and as a backup server for high load
you can download these from our main page under Wallet downloads
@everyone
03-15-2024 is a *MANDATORY* UPDATE DUE TO CHANGES IN THE API YOU MUST UPGRADE TO 03-15-2024 OR IT WILL IMPOSSIBLE TO SEND YOUR BIT OUT OF THE WALLET DUE TO NEW API UPDATE CHANGES WITH
We have discovered some bugs in Bitnet-QT for windows with anchors.dat Bitnet-QT for linux is not effected by this bug
Also discovered bugs in electrum-bit all versions for scanning the QR code only from electrum-bit QR codes
for now Komodo is best wallet to use with no bugs
we recently added new SSL certs to electrumX-server you might need to delete your data-directory or apk and reimport your seed phrase to activate new SSL or add network connection while we build version 4.2.5
BitStacks STX tokens are currently not listed in any exchange right now.... this should be viewed as an experiment on our network to see if we can enable Stacks 2.0 Layer2 framework and technology on the Bitnet IO network
GPU mining with aurum/pomelo is now possible but its pretty terrible ....
expect a RTX 3080 to barely get 3KH the same as 8 cores with a mac mini with 3KH
new version of bitnet-qt 70031 it has bigger TCP sockets for faster syncing times up to 6x times faster now only takes 2 minutes to sync from a zero start
on github and our website macos + windows + linux
net.cpp and net_processing.cpp in bitnet-core/src for much bigger buffer
now better support for arm64 for Android Termux running Debian 10 and newer and rasberry pi systems running Debian 10 and newer on aarch64 (arm64)
cpuminer updated for arm64
bitnet-qt and bitnetd updated for arm64
how rasberry
we need more Bitnet IO miners please stop by mining-dutch if you have ASIC equipment and help us grow to move our chain
remember each block is worth 10,000 BIT until we reach block height 150,000 which will reduce down to 100 BIT
you can now print the front AND the back of the paper wallet bill its two sided just like a real paper bill
on our website for "Paper Wallet" under the "Wallets" tab
we are only going to be using Aurum with CPU mining since Aurum = Pomelo algorithm and Pomelo is GPU and ASIC resistant
we are not going to release a GPU miner because aurum is resistant to GPU mining its something impossible to create for Aurum / Pomelo
if you are having issues connecting with electrum-bit we just adjusted our SSL to gandi
you need to close electrum-bit and delete
/home/user/.electrum-4.2.5/certs on linux
or AppData/Roaming/Electrum-BIT-425/certs on windows
we are going to be delisted from mining-dutch pool they don't want to switch over to Aurum at block height 125,000 we just wanted to say thank you to mining-dutch for supporting us its been a great ride maybe one day you will change your mind about supporting Aurum algorithm
accidentally used an old build directory with BitOrdinals for about 3-4 days now ....
i restored the changes to BitOrdinals wallet for firefox and chrome its now possible to send and receive BitOrdinal Inscriptions again
STX fees are fixed to always send and confirm using the
EVERYONE I AM STILL REALLY WORRIED ABOUT HOW BITSTACKS WILL ACTUALLY FUNCTION AND OPERATE FROM THIS POINT ON I CAN NOT BE HELD RESPONSIBLE IF ANYTHING EVER HAPPENS TO THE BITSTACKS NETWORK IN TERMS OF COLLAPSE OR FORK
I HAVE BEEN TESTING BITSTACKS BLOCKCHAIN FOR A FEW DAYS AND
i had to rebuild my changes for 1 hour ...
now the site is working again for the explorer....
i didnt even realize it because my cookies and cache were still loading the gui from before
site is live again
I also adjusted bitcoin-23 to support fast syncing with larger TCP sockets using bigger buffer writes I figured if i was going to make the changes to Bitnet IO I could also adjust bitcoin-qt to sync faster
version 70032 should allow us to have 1MB maximum block size on the network instead of 400kb
(bitcoin only uses a maximum size of 400kb per block for the weight)
THIS IS A MANDATORY UPDATE FOR EVERYONE USING BITNET
just a reminder to everyone on the Bitnet network
Bitstacks is not currently listed on any known exchange and is not currently trading yet for any real world money
we would like to value BitStacks with an initial starting price of 1 STX = 0.001 USD
new windows setup made with nsis for bitnet-qt.exe now the exe has a windows installer to fix problems with "This version cant be installed on your PC"
Bitnet-Qt.exe for windows 70031 is working now 100% with no problems and its also using big TCP sockets users no longer have to worry about making anchors.dat file program works 100% now with bigger TCP sockets for faster syncing