creating a coin history

[melvincarvalho]

Bitmark has a unique history, one of fairness, of utility, and one with a vision for a powerful use case, namely web scale marking

However, due to a combination of bad luck with miners and exchanges among other things, we have fallen below our potential

When people look at alt coins they think of exit scams, of founders getting rich, ICOs, dev taxes, premines and instamines. We did none of those things, and in fact, was one reason that our early years have been that much harder

How do we explain to people that this coin is different. ie that it is not a "sh*tcoin", as that will be the first question that anyone new to the project will likely ask. I also hear the concern raised that the coin is dominated by whales, however the price low enough right now and has been a while that anyone can buy a decent chunk

I suggest putting together a history from the genesis block, where we were released without any unfair advantages, of the early years and running out of resources, then the recovery, and poloniex troll box delivered to almost a million users. Then the miner attacks of famine and feast, followed by selfish mining rerogs. Followed by the fork discussion. Why it was done in a certain way. Then the cryptopia story. Until the current day where we are now

I wonder can we turn this and other points into part of a FAQ or something that we can put on the wiki or on the home page?

[dbkeys]

BitcoinTalk.org is a great resource for info to document the history of the project, particularly its beginning in 2014, as well as Slack, since many of the discussions and decisions have taken place there.

The first post on BitcoinTalk.org was on June 21, 2014, 04:45:19 PM
On July 13, 2014, 01:21:24 AM: The genesis block has been found, with a timestamp of 18:00:41, and the message "13/July/2014, with memory of the past, we look to the future.", and on July 13, 2014, 06:00:39 PM BITMARK v0.9.2.1 RELEASED
Many posts on this thread, and in 2018, another thread for Bitmark was started too.

Great points about the cleanliness and fairness of Bitmark's origin. Any Bitmarks people have were all fairly mined and then maybe traded on exchanges in the open market but there never was an instamine or anything like that. It is 100% an honest coin, like Bitcoin.and also, at the moment (April 2021) prices for Bitmark on https://FreiExchange.com are really very low. Anyone interested can get Bitmarks now inexpensively relative to where it's been and where I think it will go.

Since the multple Proof-of-Work system was adopted, mining Bitmark has been much more distributed and democratic. https://chainz.cryptoid.info/marks/#!extraction shows a nice list of the miners currently powering our blockchain; as of now, no single miner has more than 16 % of the hashrate:
`
HashRate Distribution

Rank	Pool/Miner	Last 100	Last 1000
1	All others		17 %
2	bKpWy9uTt1pqH...		16 %
3	bZsfBUFfMJr1p...		12 %
4	bF5iBhD5wf3VD...		8 %
5	bbPdfmHhC95Mj...		8 %
6	bFmTb8X3wKn6s...		8 %
7	bLNNLkxiF3NFH...		7 %
8	bZjEEjUFh1uUb...		6 %
9	bJeLMcsoMEu9a...		5 %
10	bPhCnbaEfgvbz...		4 %
11	bRCJBG5ZBd51o...		3 %
12	bQTavm7HW8nv7...		3 %
13	bZLuq7o1b37Ke...		2 %
14	bUjg5FVkBrWB1...		1 %
15	bRkpDMFZPsP67...		0 %
16	bVKmkTFsHSiTQ...		0 %
17	bKLkN3SRU9hMS...		0 %
18	bMSeBKyJu3cTx...		0 %
19	bbvPCi3mNVZ1a...		0 %
20	bFxgJDTLaNbCZ...		0 %
21	bKxDvyftbbZ2D...		0 %
22	bLoMZP8HSy7Jp...		0 %
23	bFErQnmcf5C1T...		0 %
24	bZZAvQ4awtN5q...		0 %
25	bYbRMjHvud2A8...		0 %
26	bPqJvj3iKYaSL...		0 %
27	bKejqyBYQmguP...		0 %
28	bHqe6itmpHrdm...		0 %
29	bYNaqW1FMqTe2...		0 %
30	bQPrSRCxZTwyF...		0 %
31	bQFUnoUtoBRhM...		0 %

`

[melvincarvalho]

OK, great I'll try and condense that and put a page in the wiki about it

I think there are lots of reasons we differ from other alt coins

• community designed emission schedule over a long period
• 100% fair
• all volunteer and donation driven
• have a concrete use case that is not speculation
• have piloted to communities of 10s, 100s, 100000s
• have been in use for years

We should also be honest about the challenges we faced. How the donation model can dry up and lead to hard times. How marking can work well for a few years, but is still reliant on a service provider and how we can fix that. How exchanges caused disruption. How miners caused bigger disruptions, and what steps we took etc. Why we had difficult choices and the risks associated and so on

So the pre history up to genesis, the early years up till today