Bitcoin is expecting a new fork

It seems that the cryptocurrency community has already become accustomed to numerous forks based on Bitcoin. Another similar product called Bitcoin Dollar (BTD) should appear on the last day of February. The project developers promise that the coin they created will not only have the highest level of security, but will also offer the necessary reliability.

It is known that on the day of the fork, a new currency will be credited to the accounts of all Bitcoin owners at a rate of 1 to 1, after which they will have a month and a half to declare the accrual of BTD to them.

The creators of the project note that they simultaneously implemented two mining algorithms (POW + POS), which will protect the network from the possibility of third parties gaining control or any abuse.

The developers indicate support blockchain based on smart contracts, which will allow the use of coins as the basis for the creation of other cryptocurrency projects, providing Bitcoin Dollar with the necessary value and good functionality. The coin will be provided with DApp support in any configuration and work with inter-block atomic transactions.

In the future, as the network and its ecosystem develop, it is planned to create a full-fledged exchange platform that will allow the exchange of cryptocurrencies on favorable terms for users.

Mining processes are planned to be ensured in such a way as to exclude the possibility of using ASIC equipment, the most powerful and productive systems used by miners to solve computing problems. tasks.

The authors of the project indicate that they decided to abandon the scaling of traditional Bitcoin in favor of creating a new decentralized cryptocurrency with a “corrected” structure, which will make payments much faster and more accessible.

According to http://cryptocoins.group