PRESS RELEASE
LEWES, Del., Oct. 6, 2015 /PRNewswire-iReach/ -- This past times weekend a two-year onetime Bitcoin-clone known equally the "Bitcoin-sCrypt" altcoin (coincode: BTCS) became the outset cryptographic currency to democratize cryptocoin evolution through CryptoVoter's open-source shareholder-style blockchain voting client.
Released in September 2013, the Bitcoin-sCrypt altcoin created quite a stir when outset appearing on the cryptocoin scene, with Bitcoin-sCrypt eventually gaining a cult-like next inwards the Bitcoin community in addition to its marketplace capitalization reaching a valuation of several i 1000 one thousand dollars inwards early-2014…all spell beingness banned (and in addition to hence unbanned) from the world's largest Bitcoin forum: Bitcointalk.
Fast forwards to now: on October 2, 2015, Bitcoin-sCrypt coin-owners cast the outset of many scheduled blockchain votes designed to give Bitcoin-sCrypt coin-owners a vocalization inwards evolution debates. Specifically, Bitcoin-sCrypt coin-owners utilized CryptoVoter's open-source blockchain voting customer to ship BTCS coins to themselves earlier the voting deadline of block 333333 to publicly register their votes.
Similar to shareholder voting inwards a corporation, Bitcoin-sCrypt coin-owner's voting ability is straight proportional to the number of BTCS coins used to vote. With this past times vote's success, many to a greater extent than evolution votes on the blockchain are already planned for the Bitcoin-sCrypt altcoin using CryptoVoter's novel blockchain voting concept.
By adding crypto-asset owners to the evolution consensus equation with developers in addition to mining pools, CryptoVoter looks give all stakeholders a vocalization inwards development.
"After all the difficult work, nosotros were thrilled to meet the outset CryptoVoter blockchain vote with the Bitcoin-sCrypt (BTCS) altcoin become through without a hitch. NONE of the users ran into problems voting and, about importantly, everybody's coins remained securely with them throughout the entire process. We believe that democratizing evolution through blockchain voting has the ability to completely transform cryptocoin evolution for the better."
Jim Joseph, Blockchain Innovation Labs, Inc. (Co-founder & CEO)
In this outset vote (of several upcoming development-related blockchain votes) Bitcoin-sCrypt coin-owners voted past times a broad margin to supplant the electrical flow Bitcoin-sCrypt logo in addition to concur a bounty-driven logo challenger to honour its replacement.
The side past times side Bitcoin-sCrypt blockchain vote (scheduled for October 16, 2015) is expected to travel peculiarly controversial because Bitcoin-sCrypt coin-owners volition cast votes on the really number that resulted inwards Bitcoin-sCrypt beingness banned from Bitcointalk inwards the outset place; namely, a vote on whether to alter Bitcoin-sCrypt's advert in addition to adopt a novel identity entirely. This number has rigid supporters on both sides of the aisle in addition to volition travel watched closely.
Subsequent Bitcoin-sCrypt evolution votes suggested past times the coin's user base of operations include votes on whether to: switch to proof-of-stake; adopt transaction anonymity; add together multi-coin functionality to the wallet; in addition to shift evolution to mobile-based payment processing.
As a divide matter, later on the minute Bitcoin-sCrypt blockchain vote, the outset Bitcoin-core (coincode: BTC) blockchain vote is scheduled for October 23, 2015. This outset Bitcoin-core vote is designed to give Bitcoin-core coin-holders their outset chance to vocalization their thought on whether or non to growth the maximum transaction blocksize from 1 MB per block. While non-binding, users promise the vote tin render the mandate developers bespeak to motion forwards on that issue.
Detailed information on past, electrical flow in addition to futurity Bitcoin-sCrypt (BTCS) blockchain votes using CryptoVoter's open-source blockchain voting customer tin travel institute here: http://btcs-voter.com. Similarly, information on Bitcoin-core's (BTC) upcoming blockchain votes tin travel institute here: http://btc-voter.com. CryptoVoter is an open-source software production developed past times Blockchain Innovation Labs, Inc., a Bitcoin / Fintech startup developing decentralized applications to leverage blockchain-technology in addition to asymmetrical public- key encryption for populace in addition to commercial use.
About Blockchain Innovation Labs
Name: Blockchain Innovation Labs, Inc.
Twitter: @cryptovoter