💡Fundamentals
BitcoinX's Core foundation
Summary
The creation of BTCx has established a modernized version of the traditional cryptocurrency model by combining elements of Bitcoin's store of value with Ethereum's utilization framework. BTCx also has enhanced the transaction process, making it faster and more efficient, with near non-existent gas fees. BTCx is defined as a store of value, utility, asset, and trustless form of payment, all rolled into one. It is designed to be owned by the public, without corporate or political interference, and has a fixed total supply of 21 million. The team behind BTCx is doxed, and has a minimal carbon footprint due to its use of proof of stake (PoS) instead of proof of work (PoW). BTCx has a high number of transactions per second and fast transaction times, with a community-driven and governed ecosystem that includes non-fungible tokens (NFTs), staking, and dApp governance through a treasury system.
Keypoints
Established a truly scarce, and modernized Gen 3.0 Version of the traditional model, combining BTC’s store of value with ETH’s utilization framework.
Enhanced a modern form of transaction, that can now handle the current market throughput faster than the traditional model, and with near non-existent gas fees due to utilizing the XDC Network. (0.000000001 XDC)
Tokenized store of value, utility, asset, and trustless form of payment class in one streamlined, simple package.
Gave the Public an asset they truly own, without corporate manipulations, or political involvement. Started from Zero, with Zero.
21,000,000 Total Supply. (minting feature is disabled as hardcoded into the smart contract)
100% Doxed Founder.
Created a seemingly non-existent carbon footprint. “Mining," or PoW is officially 100% obsolete with BTCx, and has been replaced with PoS.
Lead the way for sensible green stores of value, and ease of transfer by increasing the traditional models 2-7tps(transactions per second) up to 2,000tps, with a 15 second time of finality on average for transactions, and an approximate 2 second block time thanks to the power of the underlying network.
Created an EVM compatible Store of Value, with scarcity, anonymity, decentralization, speed, trustless, and low fees as the core foundation of its metrics.
Completely community driven, and governed ecosystem with NFTs, Staking, and Treasury style dApp Governance.
Synergized community governed Treasury to expand, build, and maintain the ecosystem.
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