General Overview of Bitcoin Token (BTCT)
What is Bitcoin Token?
Bitcoin Token (BTCT) is an eco-friendly digital currency. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network.
Bitcoin Token is an open source, community driven, and decentralized cryptocurrency. The developers and team members are all volunteers. The Bitcoin Token community and developers are working towards mass-adoption of the use of the currency in real-life. From encouraging local businesses to accept Bitcoin Token as a method of payment to developing a mobile wallet with merchant payment capabilities. Share money, send remittances overseas, or just send a gift to a friend with Bitcoin Token.
Fast Transactions
BTCT can be transferred in less than 3 seconds, making it a fast alternative to Bitcoin, which often takes 10 minutes or even hours to confirm a transaction!
The original Bitcoin is now thought of as the gold standard for digital currencies. Bitcoin Token is a solution now for smaller faster transactions, with lower fees. It is intended for real-life solutions such as e-commerce solutions and all types of payments.
Eco-Friendly
Bitcoin Token is eco-friendly. Unlike Bitcoin, which requires traditional mining equipment that uses an exorbitant amount of energy, Bitcoin Token requires very little energy to maintain its network. It’s an estimate that the energy needed to run the entire Bitcoin Token network is only in the thousands per year, where Bitcoin (BTC) uses the same amount of energy per annum as the entire country of Switzerland!
A unique feature of the Bitcoin Token blockchain network is that it is almost exclusively powered by Raspberry Pi mini computers that take very little energy to run. It’s easy to start your own Raspberry Pi BTCT node with their easy-to-use guide that you can find on their website. https://www.bitcointoken.pw
Development Goals
The Bitcoin Token team is focused on creating a user-friendly mobile application that will allow merchants around the world to accept BTCT as a payment method easily with no crypto experience, thus saving money versus paying the high fees associated with credit card payment systems. This application will make BTCT the easiest cryptocurrency to use in the world for brick-and-mortar shops. In addition, BTCT is focusing on building integration into existing payment systems, as well as developing e-commerce shopping cart integrations to enable online merchants to use cryptocurrency for their payments, enabling them to handle their ecommerce solutions with almost no fees!
Team
The Bitcoin Token team consists of volunteers around the world, and is always growing. They have team members from Africa, Canada, United States, England, Germany, France, Russia, Costa Rica, Columbia, Mexico, the Phillipines, and Indonesia. The team is focused on creating awareness and growing the communities in all of these countries, and expanding their team into every major country in the world.
Bitcoin Token (BTCT) Coin Specifications
Bitcoin Token is a fork of the PIVX blockchain, a form of digital money using blockchain technology that can be easily transferred almost instantly with very low fees and market leading security & privacy.
● Algorithm: Proof of Stake (POS)
● Block Time: 60 Seconds
● Difficulty Retargeting: Every Block
● Max Coin Supply (PoS Phase): 21,000,000 BTCT
● Premine: 5,000,000 BTCT
● Masternode amount: 10,000 BTCT collateral
● Masternode Reward (block 3–525600): 8 BTCT MN Reward / 6 BTCT Stake reward
Bitcoin Token is also deflationary. After the 3 years mining period, each transaction will burn 0.0001 of the supply.
Masternode Hosting
You can host Masternodes easily with Bitcoin Token. You can run your own server, or choose from a variety of hosting services. Using your desktop wallet, you can run Masternodes with Trittium, Crypos, IHostMN, POSMN, Pecunia Platform, and Rapids Network.
Without the desktop wallet, you can also host Masternodes with the FlitsNode mobile app.
How to Buy and Store Bitcoin Token
Bitcoin Token is available to trade at multiple exchanges, such as CREX24, Altilly, Birake, StakeCube, and Atomars.
There is a desktop wallet available for Windows and Linux that offers staking rewards. You can also store your BTCT on your mobile device with the FlitsNode mobile application. FlitsNode also offers Masternode hosting services for mobile users. Another option for those without a desktop PC is StakeCube. StakeCube allows you to trade, hold, and stake your Bitcoin Token.
Competitors
There are many coins that attempt to do what Bitcoin Token can do. Some coins claim to be decentralized, yet have someone in charge behind the scenes, and a lack of transparency to their holders. The above is not true with Bitcoin Token. Bitcoin Token is as decentralized as BTC.
BTCT is more economical than BTC in every aspect, whether it be energy consumption, fees, or transaction speed. In summary, while BTC is the king of cryptocurrency, BTCT is clearly a favorable alternative.
Bitcoin Token (BTCT) trading on Atomars
BTCT tokens are available for trading on Atomars exchange with the following trading pairs: BTCT/BTC, BTCT/USDT
About Atomars Exchange
Atomars exchange is a fast, secure and user-friendly digital assets trading platform launched in June 2019. Most of the popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and many more are available on the platform. Exchange features include Decentralized Private User Wallets, Quick Exchange, Enhanced User Portfolio, Market Barometer, Free Coins, Staking, VIP Accounts, OTC, Telegram Bot.
