Bitcoin MYK - Big Announcement Blockchain Testing Begins/Coin Market Cap Listing

Hey you, welcome back to the channel. I have some great big announcements today, uh, that we're excited about that we want to share with you all. We had kind of hinted at it, uh, during a few of our last videos, uh, touched on it a little bit, but we're going to give you some details of it today. And as you can tell by the title, BitcoinNYK.com has began testing for its own blockchain right now. Very big news and a lot of great details. So let's talk about that. So the question had come up quite a bit in some of our early interviews when we launched BitcoinNYK.com. It had come up that, well, do you have your own blockchain? And, you know, can we mine your token and a variety of things like that. And initially our responses to questions like that was that those type questions were a misunderstanding of what BitcoinNYK.com was. Uh, see, a lot of people tended, um, to think about BitcoinNYK as just some altcoin, just another coin in the cryptocurrency sphere. But what we were using BitcoinNYK.com was as a system to facilitate Bitcoin as a more so a sidechain Bitcoin, and the unclaimed tokens will go to a universal basic income program. Um, and the reason that it was paramount to exist and mirror other blockchains was to get the Bitcoin value from blockchain to blockchain, right? If you have a blockchain right now, you can only operate within that blockchain unless you're doing something like a Atomic Swaps or Lightning Network. Uh, in contrast, that was kind of the idea with BitcoinNYK.com, to kind of do like a Bitcoin overlay similar to Lightning, um, and, uh, just create this new method where you could move the represented value of Bitcoin, right? So it, it was kind of pointless to us, or we thought at least the the wrong phrasing of the questions as to why we should have our own blockchains and a variety of things. As blockchains work when you have your own coin, right? You have your own particular coin. And we, we do have our own coin, but it was meant to be integrated into other blockchains, right? If that makes sense. Fast forward, kept coming up, and we came to the conclusion that although our initial plan to have, uh, to work with all these other blockchains, to be integrated into cryptocurrency. As many of us, uh, our ideas was what we need is not more coins, but we need to work on the projects we have now and perfect those projects. And that was the idea of BitcoinNYK.com. That's why we weren't entertaining the blockchain, but there have been certain changes we're now seeing in the space. You know, the reality is we feel we're gonna have to head up what's going on in cryptocurrency to a great degree because, uh, some pro— you know, basing our future on the direction of other projects can be dangerous as well. So we are, um, sticking with our initial plans, but we have decided that we do need our own blockchain, and we began testing for it this week. And so what that does is it still allows us to facilitate Bitcoin and our UBI program. The only difference will be now is within the— within our own blockchain, you will still have the same amount of cryptocurrency and coins as you do with other on the other blockchains that are mirroring, uh, the ledger. But the only difference now, of course, would be you can actually mine blocks. You can actually mine BitcoinNYK as another way to earn them, right? Uh, in addition to the UBI program, creating even vastly more, uh, better distribution and, and, and, and more chances of more representation. Um, and so we, without a doubt, uh, have no doubt that BitcoinNYK.com is going to end up one of the best projects in cryptocurrency. So let's talk a little bit about how this blockchain will work, how we got started with this. So a lot of you all who watch the channel are aware of, um, uh, we cover Electroneum a lot. And, um, uh, we're gonna talk about some of the reasons we cover Electroneum a lot in an upcoming video, but Uh, another YouTuber who covers Electroneum quite a bit is— goes by the name of Crypto Rich, as you can see here on our screen. I watch Crypto Rich sometimes. I mostly— I start watching a lot of his stuff because of his coverage of Electroneum. Uh, and, uh, he had this very, uh, with the CEO of Verus Coin, uh, and this great ambitious project where they make it easy to create your own blockchain, yet this is a very robust, resilient blockchain, uh, that uses a version of proof of work and proof of stake, right? Kind of a combination hybrid, yet it has, uh, a lot of security because that's another big issue with blockchains. If you just go out and create a blockchain, if it doesn't have security enough to resist 51% attacks, uh, then you've created a low-security blockchain And that's not going to do a whole lot for the people who use your blockchain because you could be attacked, you could be attacked by, uh, by, um, entities, uh, and your growth can be restricted. There are a lot of things that can go wrong if your blockchain is not, uh, up to par in certain areas. So, uh, with this particular project that goes by the name of Verus, Verus Coin, uh, they have all of those type of protections in place to assist you, as well as this type of very easy process to create your own blockchain. So after watching the video, we contacted the people over at VerusCoin, the CEO, and we had a conversation with them. Very helpful people. They helped us a lot. Uh, they've offered to run nodes for us to get this blockchain up and running. Uh, so we're going to be, uh, working with them, going over the details about how to get this going. If you're interested in creating your own blockchain, you might want to contact them as well and see if your project is one you want to put the energy into to get this done. And if it's something you're interested in doing, and if you got that next project you think is going to change the world, then they'll probably work with you as they're working with us. So we very much appreciate that. But it's also very important in our project, although in the the first part of our roadmap, we were thinking like a blockchain would maybe be a year or so off or something, probably next year. We think about that because our project was really about working with other cryptocurrency projects. It wasn't really so much about just creating another token or another coin to yet continue to play the cryptocurrency shell game, right? We, we, we're— we look at cryptocurrency as the backdrop, right? It is just the technology to get us to this world-changing place, right? It is not just, can I make a few bucks if the market goes up? And let me gamble on this and let me gamble on that. We've kind of evolved past that with our project, and we're really working to make projects that change the world in that fashion. We hope other projects are trying to do that as well. But that is why we had to come to the conclusion as well that we have to start our own blockchain to do this because we just don't have the confidence in a lot of other blockchains to be so dependent on them going into the future. We think the future is going to usher in a lot of changes, a great deal of changes. I'm also— we're also a big supporter of HexCoin, Richard Hart's project that hasn't come out yet. That is the first programmable interest or CD, uh, into cryptocurrency, um, that works in a little similar fashion to ours. It's very different, but there are a few similarities. Like, they— Bitcoin holders get the cryptocurrency free. Same thing with BitcoinNYK.com. Bitcoin holders, you don't buy our token. So, uh, you can use a strategy of just buying Bitcoin and then getting our tokens free, right? Uh, and so when a lot of people try to bring up ideas like, oh, this might be a scam, or this might be something or another, The easiest solution to that, buy Bitcoin and just come claim your BitcoinMYK tokens. It's really not a big deal, uh, and it's really not a philosophical conversation about is this just another coin in the space. No, this is a coin helping the cryptocurrency space overall. However, we also, uh, came to the conclusion listening to some of Hexcoin videos on the Richard Heart project they would be launching on Ethereum. That the state of Ethereum, and I know a lot of people like Ethereum, I'm not a big fan of Ethereum unfortunately, but Hexcoin would be launching on Ethereum and they believe it's the most secure network. It probably is. They will be launching on Ethereum, but because of the hype behind Hexcoin, what it could become, You know, it could either— it could in theory replace Ethereum, it could move further ahead than Ethereum, it could go head-to-head with Bitcoin. We don't know what the future may bring, uh, as we don't know exactly the demand factors that are involved with many of these cryptocurrencies as of yet. But if that were to happen, that— how would that look? That would look kind of weird because then Hexcoin would be dependent on the Ethereum blockchain, right? Uh, you know, and that's not a good place to be in. Sometimes that's kind of like minuscoin tribalism. Um, it's kind of like the United States relying on Russia for oil, right? You don't want to be in that part. We all want to have a synergy in the cryptocurrency space and work At the end of the day, we don't want to be dependent on any blockchain, right? We want to be able to work with other blockchains, but, um, in this way we're going to need our own. So that is how Verus Coin came into the idea. We like the project, we like the people we're dealing with and what we're working with, and, uh, well, we've moved our roadmap up tremendously, you know, something that probably wasn't going to start happening until probably the end of the year, next year. Is already happening this week. That means that we're going to be able to go out pretty soon here if everything goes right, get miners actually running mining operations. You can GPU mine, which I— which is what I like. We need GPU mining because what GPU mining does is it makes it more representative of the cryptocurrency space. If you just have ASIC miners, uh, you have a minoritized and you have centralized your mining, uh, and that goes out of the realm of, I think, overall what we want cryptocurrency to be. So it's going to be more details about this coming forward in the future. We're glad to bring you all that announcement. If you're holding Bitcoin, myk.com might be doing the right thing. Uh, if you, if you don't have any money to buy it, no, you can get it absolutely free. Uh, let's move on to the next, uh, big announcement. CoinMarketCap, um, you know, guys, uh, you know, we— a lot of us know the importance of CoinMarketCap. A lot of great projects not only listed on CoinMarketCap. There's another thing we have to keep in mind. There are many projects that are not listed on CoinMarketCap that do great volume every single day, right? There is a project called WhaleShares. .io. It's like a social network. It's the first, uh, social network I think that forked from Steemit. It's, it's just like Steemit without the bots. Great earning, uh, abilities over there. It's doing great. But as far as I know, it's not listed on CoinMarketCap, and, uh, it does great volume every day. Point I'm making, if you look up a coin on CoinMarketCap and you don't see it on there, that doesn't mean it's not a great project. What you have to understand about CoinMarketCap is they have certain guidelines and parameters in their business and their company that they like to have, and that's being listed on, uh, certain exchanges that back their code, right? Certain— listed a certain way. So it has nothing to do with the quality of the project necessary, or that is good. I'm saying that because I know a lot of people go, oh, it's not even listed on CoinMarketCap, that's— it must be a bad project. No, There are a ton of horrible, terrible projects on CoinMarketCap that probably shouldn't even be on there, but it's all about the mechanics of it, right? And, um, a big problem with CoinMarketCap is they like centralized exchange listings, right? That, that they can implement their API codes and a variety of things like that. So that's been part of our problem getting on those exchanges like that as we like DEXs. We believe DEXs are the future. We believe centralized exchanges that have been responsible for wash trading, manipulation, and a variety of things that has been proven, and the amounts of corruption are not the future of exchanges. However, people like centralized exchanges. 90% of the volume happens on there, uh, and so, uh, we have to play ball if we want to be taken serious as a serious project, and we need to appear on there. So Uh, CoinMarketCap, uh, has requested more information from us, and we're in the process of getting that out to them. We had applied once before, and because we weren't listed on centralized exchanges that they liked, that had their certain API codes and parameters, that was the only holdup. Uh, CoinMarketCap looks for great projects, uh, not just, uh, projects that make money, right? They also look for unique projects. Uh, and I think we're one of them. And, uh, so they're requesting for a little bit more information. We'll keep you posted on that. And, uh, well, hopefully you'll see us on there. You'll be able to just go in there soon and get that. So we're going to work with them and we're going to try to get listed on CoinMarketCap as soon as possible. Uh, but that's all I got in this video, guys. If you have any questions, comments, or concerns, uh, feel free to ask them in the comment, uh, section. You should be collecting BitcoinNYK tokens. This is the greatest project in crypto. It's not requiring that you buy it. In fact, the whole basis of our project is network growth and wallet growth, right? We want a network that is accessible to a good portion of the world because we know that's where the real value is. The real value isn't if a cryptocurrency can manage to go up 20, 30, or even 100% today. And down 1,000% tomorrow. The real true value lies in the usefulness of the network and the demand for the network. And if you can get users and if your concept is one people are gonna wanna participate, and even without marketing, even without the ICO dollars of $40 million, $100 million, $4 billion or whatever these projects have raised that have done so-so in the cryptocurrency space, Even without putting out marketing dollars, as we've made it a community effort to give the value back to the community to spread the message, uh, we have people joining our project every day, which shows that there is demand in the project. And that's the things that we're looking for, we're proud of, and showing that our project does work. So that's all I want to say in this video. If you all like content like this, don't forget to like, subscribe, Don't forget to join BitcoinNYK.com. If you have questions about it, don't forget to ask. And until next time, take care.