NEW WALLET and SWAP UPDATE
As you all know, we are creating a new wallet and blockchain for the SATC/FROST merge, and the new blockchain has been in testing with selected users for the past week or so. I'm happy to report that this testing is going quite well, and we are nearing the launch of the new SWYFT coin!
Here are the remaining items to work out before we start mining the new blockchain:
1 - Creation of an ongoing public testnet
2 - Complete testing of governance and budget proposals
3 - Support for MacOS Mojave
4 - Completion of tools to automate building of wallet updates
5 - Finish customization of wallet GUI
We have also received some excellent suggestions for new features to be added to the wallet following the launch. These features will be discussed and added to the roadmap as time permits.
With that said, we can now project that we will launch the new blockchain within two weeks, and begin our swap from SATC/FROST to SWYFT on or around September 1st. At that time, we will set the swap rates for both projects, and open registration on our swap platform.
We expect to announce the rules of the swap within a week. The rules will be propagated via discord, telegram, email, blogs, and all of our social media channels, so please keep your eyes and ears open for specific dates and information.
For those of you using NodeMaster to manage multiple masternodes on a single server, we have modified the upgrade script to address issues reported by @377520564400553985> .
If you are having issues with the upgrade, please delete your local copy of the nodemaster script and download/execute the script again.
This version has been tested on a working vultr server with 10 masternodes, and the upgrade process has been verified.
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NEW BLOG post, please share everywhere, thank you. We'll have a video shortly too for YouTube and other platforms. http://www.bifrostcoin.io/ann-important-bifrost-wallet-update-mandatory/
Wallet Update Available - BiFrost Core version v1.2.1 is now available from:
This is a MANDATORY release! Version 1.2.1 corrects a critical consensus bug that caused staking wallets to crash and stalled the network.
Again, This is a mandatory update that forks the network to the 70713 protocol
Please report bugs using the issue tracker at
CryptoBridge has been notified of the update, and as soon as they upgrade, we have requested that FROST deposits/withdrawals be opened back up. We will make an announcement here as soon as that happens.
Note - Masternode upgrade scripts and instructions (single and nodemaster installs) are included in this release. See the release readme for more information.
IMPORTANT - WALLET UPDATE COMING
We have discovered a bug in the BiFrost PoS miner that will crash any staking wallet that tries to create blocks after block 665,439.
As a result of this bug, the blockchain has been stuck at that block for about a day.
First - Your coins are safe! Failure of the blockchain to move forward does not affect your coin ownership in any way. It only prevents you from staking, receiving rewards, or moving coins. Still, as a general practice, it's always a good idea to make backups of your wallet.dat file as a way of protecting your private keys.
Second - A new wallet update is being tested, and a new release will be available within a few hours. There will be another announcement when the release is available, and the announcement will contain information about who has to download it. It's entirely possible masternode binaries will not have to be replaced, but we're still testing the new wallet for compatibility.
Third - Until the new wallet is available, please refrain from creating any new transactions, as they will be stuck until the chain is moving again.
More to come as we get things unstuck.
It's been asked if the upcoming merge with SWYFT has had an effect on the development schedule for Shade My Trade.
The simple answer is - yes, it has.
While development continues forward on the SMT platform, the time needed to nail down parts of the merge have impacted the schedule. Our schedule was based on a "best case" scenario for our resources plus some slack, but over the past several weeks, development has dropped to a "time available" position behind the merge. It's difficult to estimate the exact impact on the schedule because preparations for the merge are ongoing and somewhat chaotic and unpredictable. I will, however, be working with Mantrid to calculate new estimates so we can generate a revised milestone schedule as soon as possible.
@everyone ANNOUNCEMENT: http://www.bifrostcoin.io/swyft-bifrost-announce-merger/
Here is a little preview of our panel/ad inside of CryptoHunter
Based on your excellent feedback, Mantrid has updated the ShadeMyTrade whitepaper. This version better explains the fee system, how it is distributed, and how funds will be allocated to buying back and burning FROST coins to lower the overall supply.
Mantrid has also introduced a subscription model that allows heavy traders to reduce their individual trading fees. This is a brilliant concept, and the subscriptions should be popular with our largest users.
Please give the updated paper a good look and, as always, feel free to forward your comments and questions to the SMT team.
I'm excited to announce that Mantrid has completed the public draft of the ShadeMyTrade whitepaper, which is being posted here for the Community's review and comment. This is a version of the full design document; with some strategic textual redactions, and with interface images blurred. As we get closer to public beta testing, the unredacted version of this document will be released. Until then, this document should give everyone a pretty good idea of the ShadeMyTrade feature set and trader workflows.
My thanks go out to Mantrid, who has done a masterful job of designing the ShadeMyTrade platform and putting this document together for the BiFrost community.
The whitepaper is being published internally for initial review, after which it will be posted on the BiFrost and SMT web sites and announced to the public. Please feel free to direct all questions and comments to Mantrid or any of the development team. We look forward to receiving your feedback!
This is the beginning of THE comeback coin @!400874241232207884>
And here is a preview of the Awesome CryptoHunter game:
Here is the link to tonight's announcement:
BlockNet has announced a twitter/discord poll for the next coin to be added to their platform, and BiFrost is in the running! BockNet is, among other things, a fully decentralized exchange, so it would be terrific if the members of our community voted for FROST to be added to their system. If you have a free moment, please register your vote on their discord server at
and via twitter at
Only one day left before voting ends!
Links to read more about Blocknet, the protocol, and Block DX here:
Thanks for your support - Let's CRUSH this!
Genesis block: 365d 6h 53m 12s ago / Apr 16 2018 10:16:57
Happy Birthday, BiFrost!
April 1 08:35 PDT
FOR IMMEDIATE RELEASE
LAS VEGAS, Nv., April 1/PRNewswire/ - BifrostCoin (ticker - FROST) founder BifrostActual (BFA)
announces the launch of a new coin coin project to solve the crisis created by one of the largest
killers of humans on Earth; the threat of cancer. The new coin, to be named
CancerCoin (ticker - CANCER) is a new cryptocurrency that features eco-friendly proof of stake
consensus, anonymous and hightly fast transactions, and masternodes.
Building on the overwhelming success of the BifrostCoin blockchain, BifrostActual has assembled a
world-class team of experts to bring their skills and the power of blockchain transparency to bear
on the scourge of cancer around the world. The new CancerCoin platform will be used to write all
cancer reseach directly to the blockchain, and will reward participating scientists, doctors, and
governments with coins that can be used to purchase masternodes for the network; thus creating an
ongoing residual income that can be used to finance further cancer research. With the additional
funding created by this wealth creation cycle, scientists believe they can cure cancer within
When asked to comment on his inspiration for this groundbreaking use for blockchain technology,
BifrostActual was quoted as saying "I honestly can't believe somebody hasn't thought of this until
now! Blockchain meets Cancer research - it's a match made in heaven."
For more information on how you can participate in the CancerCoin presale, contact BifrostActual via
discord links below.