Decisions are the most crucial part of advancing a project. Without them, ideas lie in-acted upon, development stalls, and instead of progress there is stagnation. The Bismuth Foundation is well aware of the dangerous path of inaction, and has always committed a full effort towards advancing the platform at a steadfast pace. One such large advancements have come into fruition recently, with the conclusion of Bismuth’s first Governance Vote- BGV-01. BGV-01 was a motion that combined a new and revolutionary governance protocol with branching decisions that would impact Bismuth on a grand scale – retain the current emission schedule (option …
Bismuth community is currently voting whether or not change the supply emission (see BGVP-1).In order to allow easy and un-restricted access to the vote, the team went for a full client side helper to generate voting transactions.This ensures full privacy and allows to vote from any wallet.External help was welcome to get it successfully running and a Bounty will be awarded.
Preamble This month was packed full with development updates, a major exchange listing, an ongoing vote that decides the future of Bismuth’s emission schedule, and much more. Let’s delve below to find out more.
On October 15, $BIS will be listed on the Hubi cryptocurrency exchange. To celebrate the launch of BIS, the Hubi exchange will award 30,000 BIS to Hubi users. Details are as follows:
Bismuth (BIS) will receive a Hubi listing on October 15, 2019. Hubi is consistently ranked in the top 25-50 of exchanges at Coinmarketcap with daily volumes of $200M or more. At the time of writing Hubi has only 34 active markets and 17 pairs involving BTC. Hence, BIS becomes a part of an exclusive group of cryptocurrencies with this listing.
The Bismuth Team is very excited to announce the birth of “Bauer”, our Telegram Bot. Bauer was fully developed by Bismuth user Endogen and made open source. It’s now active on the Bismuth Telegram. A bounty will happily be awarded.
Starting from version 0.1.25 Bismuth’s Tornado Wallet has several new impressive features: Import of ECDSA wallets is supported and the creation of both ECDSA and ED25519 addresses will soon be supported (work in progress), see the screenshot below: A new Crystal (plug-in) called “bismuthvote” has been developed by EggdraSyl, see the screenshot below: At the time of writing there are two motions listed, BGV-0 (test motion) and BGV-1 (Reduce supply emission?). BGV stands for Bismuth Governance Vote. In the screenshot below it says: “Your master voting key is not defined”. Click on the Key symbol and generate your own, private …
15 August 2019 – 15 September 2019 Preamble This month has witnessed great strides in progressing towards a decision in deciding the future monetary policy of Bismuth. With the release of the initial Bismuth Governance Vote, individuals within the community can soon vote upon the future emission schedule of the platform using a novel approach designed by the Bismuth Foundation. Along with the governance shift, there have been other notable updates which will be highlighted below.
Preamble This blog article explains the BGV-01 motion and the options you can vote for. Abstract Motion: Keep Bismuth supply emission as it currently is (A) , or significantly reduce emission – therefore option (B). Voting period: From 2019-10-01 at 12h00 UTC to 2019-11-01 at 12h00 UTC (block time counts) Vote reveal: From 2019-11-01 at 12h00 UTC to 2019-11-10 at 12h00 UTC If a hardfork is decided, it could take place at block height 1,450,000, approximately on 2019-11-27
Here is the planned timeline for the first Bismuth Governance vote, BGV-01