BitTeaser

Friday, September 23, 2016

Monday, April 11, 2016

Bitland Castradals Bitshares

This Project is one of the bravest efforts in this Decentralization Era.
Bitland is a company found from an award winning idea in Jan this year of 2016.
Bitland is going to bring power back to the people of Ghana in Central Africa
VIS IN NUMERIS
By implementing a secure, decentralized network built on a pretty awesome encrypted, low running cost platform called a Blockchain.
A blockchain consists of a chain of blocks in time and whatever gets recorded into that block of time, (say for example 9minutes) would be distributed digitally onto a ledger and stored securely.
Bitshares 2.0 OpenLedger by Cryptonomex on Graphene is such a platform
Forbes just ran an article on Bitland's efforts to register the people of Ghana's Land Titles on this Blockchain so that no corrupt government or political figure could tamper with it.
This effort will give the people of Ghana true ownership of their Geographical Land Titles.  They themselves will be able to put their own land up for sale on a double blind bidding system (corruption proof)
http://www.forbes.com/sites/rogeraitken/2016/04/05/bitlands-african-blockchain-initiative-putting-land-on-the-ledger/#34b0d79b1029
join us and Decentralize Everything
https://bitshares.openledger.info?r=coindup-hasho
Buy Castradals (UIA) by sending openBTC to OpenLedger account name ccdek-escrow.
currently going for 10K satoshi per Castradal ($0.04)

Wednesday, March 16, 2016

Delegated Proof of Stake

Who exactly is allows to produce a block at which time instant is defined by a consensus mechanism called Delegated Proof of Stake. In essence, the shareholders of BitShares (holders of the BTS token) can cast a vote for their preferred block producers on the blockchain. Those so called witnesses with the most votes are allowed to produce blocks.

What is Bitshares 2.0 ?

BitShares 2.0 is a Financial Smart Contracts platform that is based on the Graphene technology built by Cryptonomex. You can see Graphene as a toolkit or technology for real-time blockchains.

Friday, March 11, 2016

How does OpenLedger make Money?

To date profits are ready and finalized from OpenLedger, BitTeaser’s Blockchain advertising network, fees on all future deposits/withdrawals of Open assets including fiat, plus profits on trading fees on all CCEDK OPEN.xxx crypto including BTC (Bitcoin), DASH, ETH (Ethereum), NBT (NuBits) assets and fiat (traditional currency), as well as trading fees on issued assets like OPENPOS. Reserve balance: 1,053,759,023 BTS This is the initial reserve plus accumulated BTS from fees and unused witness/worker budgets. It represents the overall inflation cap, i.e., the total number of additional BTS that will ever be able to come into existence. It does not include accumulated SmartCoin fees. Accumulated fees: 10,612 BTS The approximate value, in BTS, of all accumulated SmartCoin fees, shown in the table at the bottom of this page. Spending budget: 15,015 BTS per hour This is the amount of BTS that can be allocated to worker and witness pay. Depending on what the committee and voters do, up to this amount can be spent; exceeding it would require a hardfork. It's calculated as a minute fraction of the reserve. Witness budget: 1,800 BTS per hour Worker budget: 13,215 BTS per hour Reserve delta since launch: -12,596,726 BTS How much the reserve pool has collected since launch from fees, less expenses. This includes accumulated BitAsset fees. > Written with [StackEdit](https://stackedit.io/).