The first decentralized security budget layer for Bitcoin. $BIT.
Bitcoin
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Following the team structuring adjustment, we will have a new marketing staff to handle the communication. Prev. marketing and Asia Lead are dismissed and we have remove the prev. TG group to avoid scam messages there. We will set up a new one when we are ready.
Our BitDEX is now fixed and live again. Feel free to contact us if any further issues.
There is some adjustment on the team structure. Our prev. Asia Lead has left and we are hiring a replacement. Making good progress now.
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Finally we got our account back. There was issue with our marketing staff's device and we couldn't get access to our X account.
Issue now fixed and we will continue the communication here.
We still don't have access to our TG gc so please be careful with any scam there.
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Bitcoin security budget will play an important role in the wide Bitcoin ecosystem. We are still early.
Higher. $BIT.
Bitcoin’s security is a shared responsibility.
Today we are launching the Bitcoin Security Consortium, backed by $15 million in commitments to support the developers and researchers strengthening Bitcoin for the decades ahead. strategy.com/press/leading-f…
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GM, our recent communication will be slower pace than before as majority of the team is taking a short break for summer holiday.
The development of the roadmap is in progress behind the scene.
We will provide an update once we have the full team back to work.
Touching grasses
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Just confirmed with our Asia Lead, what this person said in the image is completely false. Our Asia Lead is not even in the QQ group chat (he should have joined, it is our bad, will get him register a QQ account first).
We have blocked a few fudders in the past, can't remember why we blocked him, but it must be that he was fudding us for no reason.
If we look back on our journey, we have been fudded many times, but we always survived and strike back.
If a project has no value or no vibe, no one will fud you. This is what we learned in crypto. So more fudding is actually a bullish sign lmao.
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We will host a bilingual space (English + Chinese) some time next week. We will recap what we have shipped so far, what is the roadmap for the future and answer any questions from the community. Our Asia Lead will host the space.
The space time will be announced beforehand.
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It is great to see that the $BIT block reward redirect that we activated are operating as expected.
We are working on the $BIT staking and bridge at the moment.
Both are very important to the BIT protocol ecosystem. It will take us some time to deliver them as the dev work is heavy and we will ensure both are 100% safe to use.
Will share more info once we have the demo done.
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Excited to announce that $BIT redirect is fully activated and you can check dmt-bit.com/redirect for the detail.
Let's $BIT.
$BIT block reward allocation will be activated at block height 956,659. 60% of $BIT will be allocated to miners with a condition that they need to support $BIT and run $BIT nodes.
All spending of the $BIT treasury in the grants (community + ecosystem builder) and BIT DAO will be based on community voting for full transparency.
The detailed mechanism of $BIT staking and voting will be shared at a later stage.
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