Today we are introducing wrapped TUBE. This a token with the ticker wTUBE that runs on the Ethereum network. It is designed to improve the native $TUBE coin’s liquidity and interoperability. $TUBE holders can now enjoy swaps to other ERC20 tokens like wBTC and Tether. This opens the door for BitTube to enter the world of the Ethereum network and the world of DeFi.
While wTUBE price is determined by supply and demand, it is also tied to the current supply of the $TUBE coin. When users swap $TUBE coin to wTUBE, the current $TUBE coin supply will be adjusted (i.e. locked) by the total new amount of wTUBE in circulation, and vice versa. …
Time flies! What a turbulent year it’s been for everyone. We hope you are safe, healthy and still in good spirits. Before going into 2021 we want to wrap up the year on a positive note, recapping everything we’ve accomplished with BitTube in 2020, and what’s in store for 2021.
So, here we go. In summary, this year we:
We have released an update to BitTubeVid. It includes the ability to create your own Premium Storage plans announced recently.
Get the update here: https://github.com/ipbc-dev/BitTubeVid/releases/tag/v0.2.6
BitTubeVid is the underlying codebase for bittube.video. It’s an open-source repository based on the federated PeerTube project. By hosting your own instance, you can set your own rules and guidelines (or lack thereof). The natural benefits of decentralization in this way is self-evident. Of course, it follows that you bear responsibility for hosting your instance’s video content. This update allows you to define Premium Storage plans to try to offset cost, where users can pay a fee for additional storage. …
Today we’re announcing Premium storage options for bittube.video. These are paid plans to unlock more storage over the default instance quota of 50 GB.
We have reached a point in our development where we can finally start allocating more resources towards bittube.video and other upcoming federated products (like bittube.social). We are introducing Premium storage options now for several reasons. This will be our first integrated paid service after upgrading to the much faster TUBE4 chain. It allows us to monitor and improve the payment process based on user feedback. It also allows us to gauge the demand for such a service early. We expect our federated user base to grow next year. …
Sadly, today the BitTube.tv platform was suspended by Google. We suspect that this happened due to a frivolous takedown request of a user’s post by a foreign government, which we did not follow up on. The suspension was without notice, likely automated and done without review.
We are currently appealing the suspension, but we don’t know how long this process will take.
Once again this proves the urgent need for actually decentralized solutions. While BitTube.tv has been cloud based as a stopgap, our BitTube.video platform is peer-to-peer, powered by ActivityPub and WebTorrent and is using our very own AirTime plugin.
We deeply apologize for the inconvenience. Hopefully things will be back to normal soon.
Update 3 Sep: BitTube.tv is back online. We are taking measures to ensure this won't happen again.
The BitTube Team
If you use the GUI wallet to store funds, check out this guide on how to manually convert your TUBEs from legacy (v3) to BitTube Cash 4.0 (tube4). This service will be maintained for 1 year (until 2021/7/29). The conversion on exchanges and extension wallets is automatic. Exchanges will begin using the newer Tube4 address for deposit shortly after the hardfork. …
We are happy to announce that the BitTube blockchain is moving from CryptoNight to the new Cuckoo Cycle proof-of-work. We have been working on this development for over 6 months. In this article, we want to address some technicals, motivations and what this means for you, the end-user.
On July 29th, TUBE will change its proof-of-work to Cuckoo Cycle. This is not a simple hardfork. The process involves terminating the legacy coin emission and swapping all balances to a brand new blockchain.
How this swap occurs depends on where your coins are stored. We have good news: exchange wallets and those connected to the BitTube browser extension will convert automatically. For coins held in desktop wallets, however, a special conversion service will be maintained for a year (until 2021/07/29) to provide users the ability to convert their TUBEs in a reasonable time frame. Note that any unconverted coins beyond this date will be lost forever. …
Things you need to know:
Once completed, we will send an email detailing how to login to your new BitTube.video …
The BitTube blockchain will undergo some upgrades. The chain will be hard forked for improved transaction efficiency and other benefits. Additionally, this upgrade comes with several wallet fixes and improved functionality.
This hard fork is still based on the current CryptoNight hashing algorithm CN Saber. In several months we are looking forward to upgrade to the Cuckoo/Cuckeroo algorithm found in cryptocurrencies like Grin. This change will then speed up confirmation times by an order of magnitude.
Update 6th of Apr: The hardfork will happen around 27th of April at 58700 block height.
Below are some noteworthy improvements that might be interesting to some of our users. …
Welcome to 2020, fellow BitTubers!
To start the year off, we’re announcing that the BitTubers.com domain is moving to BitTube.tv and BitTubeApp.com is moving to BitTube.app.
These rebrands are set to finalize on January 31st.
Some of you might have noticed already that beta.bittubers.com now redirects to beta.bittube.tv. The official launch will be later this month, since we need some time to update our documentation.
The year 2020, as the number suggests, marks a new decade of clear vision. We wanted better brand consistency and we’re happy to say we’ve managed to reach a decision. The upcoming change to BitTube.app and BitTube.tv …