Blog

BIS Listed on the Hubi Exchange

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.

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Tornado Wallet and Voting Crystal

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 …

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BISMUTH Team Progress Report – September 16 2019

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.

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BGV-01: Bismuth Governance Vote #1

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 Рtherefore 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

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The Bismuth Governance Shift, Part 2

Preamble In the previous post, the governance shift that is to take place with Bismuth was introduced, and the ETH voting protocol was examined. It was shown that this protocol does come with several issues that could be important flaws in the Bismuth context. Issues with the ETH voting protocol There is nothing at stake. You do not directly win or lose anything by voting (just some gas) Exchanges as well as shared services, dev funds, and founders have a huge voting power The holders are by definition the ones getting the most votes, so the issue is likely to …

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The Bismuth Governance Shift, Part 1

During the first two and a half years of the Bismuth blockchain project, important governance actions have been decided by the group of foundation members. Now the core team finds it is time to involve the community deeper into governance questions, and make more use of community feedback. The Bismuth project has had a very active Discord community since the beginning, and it is seen as a very valuable resource for the project- and it makes sense to consult the community more than in the past for input on important decisions. Therefore, the foundation members have decided to introduce a …

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Bismuth listed on VGate and FinexBox

Preamble The Bismuth Foundation has been busy with arranging for exchange listings lately- with a couple of successful placements and more in the pipeline. The two exchanges Bismuth has been listed on recently are VGate, a DEX developed by San Francisco-based Vite Labs, and FinexBox, a large Chinese-based exchange. Both placements help Bismuth establish a greater footprint on the market and grants the project exposure to hundreds, if not thousands of new potential investors. A diverse selection of exchanges from all across the world helps bolster the platform’s access to different audiences- in the case of FinexBox, the Chinese cryptocurrency …

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