/biz/ - Business & Finance

Hey everyone,

Just a quick update on the process we are looking at using for the pump.

We are thinking that we will follow the same principles that are used by Pump It! This group operates on Poloniex and uses a dodgecoin blocks hash that occurs at or closest after to the selected time of the pump to select the coin with the last digit determining the coin. This ensures that not even the admins will know the final coin to be selected.

Coins which have the possibility to be selected will be posted 6 hours prior with 8 different candidates being selected, however the final coin will be determined as stated above by the hash’s last digit.

Eg:

0+1 = RDD
2+3 = SEC
4+5 = XDN
6+7 = XVG
8+9 = MYR
a+b = BITB
c+d = 2GIVE
e+f = ABY

Once the pump time has been reached the group will be notified of the coin that has been selected via the block hash that occurs on or closest after to the selected time. This will be posted to the group along with Hash and timestamp.

Eg: 1100 AEST 24-June 2017 pump would result in the coin BITB being selected.

Block -#1770488

Hash
5b46c3102be147ff4ab3ead1d4263d73f5fd0ea86fd1577a279a849818b6336b

Time

2017-06-23 18:02:55 -0700

(Information generated from Dogecoin page)

Any advise on how to improve the process is much appreciated or of any potential downfalls that can be seen.

Please head over to Telegram with the link below to join the community.

t.me/BittrexPumpGroup

or search

@BittrexPumpGroup

~Sora