[Cryptography] Bitcoin Classic

Alexander Elbanna satoshi at vistomail.com
Mon Jan 1 08:42:50 EST 2024


I will be exploring the "what if" scenarios of Bitcoin. I have launched Bitcoin Classic and am curious to see if we could have achieved more with Bitcoin. If you would like to be a part of this, download a wallet and request 5 coins from the faucet located at https://bitcoinqt.com <https://bitcoinqt.com/>. I am in the process of setting up a mining pool as well as a Block Explorer. Here is a list of improvements I have implemented for Bitcoin Classic. 

Network Upgrades:
		Stability and Security:
Updated network parameters to ensure improved stability and security.
Security Enhancements:
Fixed Code Words Vulnerability:
Addressed issues related to backdoor seed phrases that had the potential to expose Bitcoin wallets containing 12-word seed phrases and private keys.
Resolved problems with recovery phrase words in recent Bitcoin Core updates from 2014-2023.
Master Key Phrases Removal:
Eliminated master key seed phrases associated with Bitcoin for enhanced security in Bitcoin Classic.
		Transaction Optimization:
Achieved faster transaction times for enhanced efficiency.
		Target Spacing Upgrade:
Improved target spacing for better overall system performance.
		Reduced Block Time:
Implemented a shorter block time for increased responsiveness.

My Github: https://github.com/bLeYeNk
Repository: https://github.com/bLeYeNk/bitcoinclassic
Website: https://bitcoinqt.com <https://bitcoinqt.com/>

⚠️ Disclaimer: Bitcoin Classic is just for fun. Bitcoin Classic is Purely Speculative and for Entertainment Purposes Only. Please do not take this project seriously.

Alexander Elbanna
Creator of Bitcoin Classic
satoshi at vistomail.com
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