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BATA (BTA) Barter And Trade Alternative | Multi-Algo | Masternodes

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pc888

 

 

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Bata's First block : 2015-05-08 22:20:38

 

Bata's specs before Block 850,000

Algorithm: Scrypt - Proof-Of-Work
Symbol: BTA         
Difficulty: DGW (Dark Gravity Wave)
Block Time: 90 Seconds       
Block Reward: 25       
Block Halving: Every 100k Blocks    
Premine: Zero       
ICO: Zero       
Crowdfund: Zero   

Total BTA: 5,000,000

 

Bata's Specifications before block 1,110,000

Algorithm: Scrypt - Proof-Of-Work
Symbol: BTA         
Difficulty: DGW (Dark Gravity Wave)
BFW (Bitcoin Firewall)
Block Time: 90 Seconds       
Static Block Reward: 0.25 BTA      
Premine: Zero       
ICO: Zero       
Crowdfund: Zero    

Total BTA: 10,000,000

 

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Bata's specs after block 1,110,000

Multi-Algo (Six Algorithms):  

 

Sha256d 
Scrypt 
Nist5 
Lyra2z 
x11 
x16r 

 

* Independent algorithm chains

* Dynamic Blocks

* Based on block height and difficulty ( means no cheap blocks )

* Instamine protection

* Instamine protection will trigger after 5 blocks of a single algo are mined in short period of time.

* Deadlock protection

* Difficulty is reduced even when no new blocks are found, new blocks are mined much faster even after very high hashrate period. This prevents "stuck chain" issues.

* Spork control over block processing

* The ability to stop the blockchain anytime by sporks manually if any kind of dangerous activity in network is detected. We have full control of block processing without need to wallet upgrade.

 

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Masternode Collateral  : 10,000 BTA 
Masternode Reward : Dynamic reward of up to 0.25 BTA 

 

Bata Masternode auto setup script available.

For more information please visit discord.

 

Founders / Development Fee Address: B689SM77Pe56wJze6KPywtKkva9rhPZZUc
 


Telegram: https://t.me/batacurrency
Discord: https://discord.gg/tCXTrZA

Bata Official Website : https://bata.io

Official Blockchain Explorer : https://chainz.cryptoid.info/bta

 

 

 

Bata Wallets Available for Windows 32 & 64, Linux & Mac :

 

https://bata.io/#wallets

 

What is BATA (BTA)?


Barter And Trade Alternative.

 

Bata (BTA) is a cryptocurrency that has been developed to replace trade dollars in traditional Barter Systems. As the "Sharing Economy" grows, so does the decentralized market.

Bata aims to change way the way we trade, by introducing Barter on the Blockchain.

A Barter cryptocurrency has been re-invented on a blockchain, decentralized, secure and widely available in the form of BTA, replacing a Trade Dollar. Trade Dollars are just like cash and for that matter are based on regular currency, but in current Barter Systems they are controlled and issued by a central party.

BTA is traded on multiple cryptocurrency exchanges right across the globe.

 

Our vision is to create a new system of commerce that will create new jobs for an information based economy, and to help break away from the current system of debt based money.

 

 

 

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BarterChain by Bata. We are changing commerce for the better.

 

BarterChain by Bata, Exchange, and Marketplace represent a transformative vision of the future of commerce, with the goal of removing the greatest pain points in the lives of sellers and buyers of goods and services.  Providing unique interfaces, tools and automation features for traders of goods and services, commerce will be redefined by Bata.  Users will more easily participate in barter as means of trade, while also allowing traditional buying and selling, and adding a system of incentives and leverage to traders and users in unique ways.  It will build up a new form of trading community around the Exchange and Marketplace, and bring value to the entire cryptocurrency ecosystem.


 


Traditional Barter Platform vs. BarterChain by Bata.

 

Bartering helps you exchange goods or services at once, without money. It has no limits and can be done both on a very small-scale and on an exceedingly larger-scale. The arrangements are under the control of member-only associations, with credit units the channel of exchange, (other terms like trade exchange, barter exchange and countertrade exchange). To explain the channel of exchange, different terms like credits, units, barter dollars or trade dollars are being used. As the medium of exchange, the term which is mostly used is trade dollar.

Looking deeper into barter deals there is huge difference between direct barter and exchange barter. In return barter, you may use your capacity, inventory or excess time to trade for goods and services you need. For such deals, you don’t need money as long as you are part of a barter group with other businesses. Each business earns trade dollars which can be employed for the exchange of the things you want. Direct barter means to swap the service or product for the service of your seller.


Bata transformed from a Proof of Work Scrypt based cryptocurrency to a multi-algo POW (6 Algos) & introduced Masternodes. We plan to introduce a 7th algo which will be POS, making Bata, a multi-algo POW/POS Hybrid.

 

BTA’s growth has been organic, much like Bitcoin, with no funding or premine and established late April of 2015.


We want to get feedback from the community, early and often. We put the vision, whitepapers and roadmap out to the world now, because we need the best developers in the world to come help build the best commerce system in the world, built on blockchain technology with Bitcoin at the base of it all. Join us on Discord!

 

 

Mining Pool Requirements

Each wallet requires separate address. 

1% Dev fee to: B689SM77Pe56wJze6KPywtKkva9rhPZZUc - Or blocks will be rejected

Pools have to start daemons with parameter "algo=sha256d" (or scrypt, nist5, lyra2z, x11, x16r) in conf file or in command line directly.

 Pools can check their settings with RPC command getmininginfo:
{
  "blocks": 1110073,
  "currentblockweight": 4000,
  "currentblocktx": 0,
  "difficulty": 6.964176971960165,
  "algo": "lyra2z",
  "networkhashps": 94.36438084953204,
  "pooledtx": 0,
  "chain": "main",
  "warnings": ""
}(edited)


Please check if you have this commit applied on yiimp (if using yiimp):

https://github.com/tpruvot/yiimp/commit/9dbce85dcc2137e563e87659f9827aa7e4be3244
GitHub
stratum: dev/charity fees for coins with masternodes (#276) · tpr... 

 

BarterChain.io.pdf

Edited by Bata Cryptocurrency
Updated specs for 850k block (see edit history)

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pc888

Bata.Money moved to business grade servers. HTTPS will be added soon.

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pc888

Bata.Money moved to business grade servers. HTTPS will be added soon.

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pc888

updated OP with block explorer and YoBit Exchange.

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pc888

Hash rate increasing - nearing block 13,000.

 

Reward halves at block 100,000

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CrypticZero

do you have any nodes that I can use?  I can't get any connections...

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CrypticZero

scratch that I've got some now

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CrypticZero

New pool also launched at CrypticZero.  This is our BATA Pool.

 

http://www.crypticzero.com/bata

 

BTA AND MINING WITH CRYPITCZERO STRATUM SERVER INFORMATION
  • CrypticZero pays with PPLNS
  • DDoS protection
  • 1% Pool Fee
1024px-Globe_icon.svg.pngScrypt algorithm (ASIC miner)
  • crypticzero.com:13000 (128-16384 variable difficulty)
  • crypticzero.com:13028 (1028 fixed difficulty  > 15 MH)
  • crypticzero.com:13048 (2048 fixed difficulty > 30 MH)
  • crypticzero.com:13096 (4096 fixed difficulty > 50 MH)
  • crypticzero.com:13192 (8192 fixed difficulty > 100 MH)
  • crypticzero.com:13384 (16384 fixed difficulty > 300 MH)

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pc888

Thanks for adding the pool. I will add to OP.

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CrypticZero

No prob.  Always looking for new and interesting coins ;-)

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