What is BTCx ?
BTCx is a project born of the need for greater Smart Contracts sustainability, Bitcoin has a transaction time of about 30 minutes and transaction costs are very high. It also aims to improve functionality and address certain security uncertainties that arise among users of the Bitcoin community.
BTCx is the most advanced version of Bitcoin with faster, smarter and more secure transactions and lower transfer fees.
BTCx aims to improve functionality and sort out the volatility and uncertainty caused by infigting within the Bitcoin community.
BTCx will be distributed with ICO, so you can take BTCx and redeem it in Exchange.
BTCx will be distributed with ICO, so you can take BTCx and redeem it in Exchange.
BTCx is the most advanced version of Bitcoin with faster, smarter and more secure transactions and lower transfer fees.
The things that make BTCX better than Bitcoin are
BTCx is written in Turing Complete Language which is more functional than the stack-based language used in Bitcoin.
BTCx has a faster transaction speed than Bitcoin. This is due to the help of more advanced Blockchain technology. The average block interval on Bitcoin is 10 minutes which is forty times slower than the BTCx block interval which has a 14 second interval velocity. It can be said here Bitcoin is very much compared to BTCx in terms of speed interval.
Bitcoin uses the SHA-256 algorithm that generates numbers in hexadecimal format. Compared to BTCx which uses the Ethash algorithm for security that is far superior in terms of security measures. for this will be elaborated further on the workings of Ethereum hashing.
At BTCx, users can make smart contracts faster than Bitcoin at cheaper rates.
The ICO of this project will begin on 11 December. Ico is expected to be traded on etherdelta and HitBTC. There are also plans to be listed on larger stock exchanges. It shows how great the project is. In the first quarter of 2018, usage will open on some online shopping sites. The necessary arrangements are made in accordance with this plan. The founder of BTCx agreed with the new partner will have a clarification about it. In the second half of 2018, it is expected to complete integration activities with multiple systems. This area will expand the use of BTCx.
How Does Hashing Ethereum Work?
The Ethash algorithm depends on the pseudorandom dataset, which is initialized by the current blockchain length. These are called DAGs, and are regenerated every 30,000 blocks (or every -5 days). In March 2017, DAG - 2GB, and DAG will continue to grow in size as the blockchain grows.The flow of hashing algorithms can be summarized as follows:
Preprocessed headers (derived from the latest block) and Current Nonce (combined guesses), are combined using the SHA3 algorithm to create our initial 128 byte mix, called Mix 0 here.
Mix is used to calculate 128-byte pages of DAG for retrieval, represented by Get DAG page block.
Mix combined with DAG pages taken. This is done by using a special ethereum mixing function to produce the next mixture, called Mix 1 here.
Preprocessed headers (derived from the latest block) and Current Nonce (combined guesses), are combined using the SHA3 algorithm to create our initial 128 byte mix, called Mix 0 here.
Mix is used to calculate 128-byte pages of DAG for retrieval, represented by Get DAG page block.
Mix combined with DAG pages taken. This is done by using a special ethereum mixing function to produce the next mixture, called Mix 1 here.
Steps 2 & 3 are repeated 64 times, eventually resulting in Mix 64.
Mix 64 is post processed, resulting in a shorter 32 byte Digest Mix.
Mix Digest compared to a predefined Target Threshold 32 bytes. If the Mix Digest is less than or equal to the target Threshold, then the Current Nonce is considered successful, and will be broadcast to the ethereum network. Otherwise, the current Nonce is considered invalid, and the algorithm is re-run with a different nonce (either by adding the current nonce, or selecting a new one at random).
Token Information
Token Name: BTCx
Decimal: 8
Symbol: BTCx
Total inventory: 21,000,000
Contract Address: 0x5A82De3515fC4A4Db9BA9E869F269A1e85300092
As a result, we propose that you invest in this future project and partner with this important project.
Token Name: BTCx
Decimal: 8
Symbol: BTCx
Total inventory: 21,000,000
Contract Address: 0x5A82De3515fC4A4Db9BA9E869F269A1e85300092
As a result, we propose that you invest in this future project and partner with this important project.
BTCx and Others
Wallets and stocks that accept BTCxYou can store BTCx in the coolest wallet and redeem it in the world's best stock exchange. Where's that - see below.Now the coin is on the ICO platform. This means you can buy them for a small price on the project's website. The price for one coin is 0.005 ETH, and the hard part of the project is 14.7 million BTCx. Have time to buy it on the official site, otherwise in the future you will bite the elbow :)Personal opinion about the project and its prospects.I believe that this project has a big future. Now even the coolest Crypto-currency has problems with network scale or bandwidth. This project can solve it and give access to a large number of people
to manage their facilities without fear of unforeseen situations where
half of their coins will be commissioned.How
once people can buy bitcoin, but do not do it because looking back, and
in the future will suffer because they do not buy this coin.
ROADMAP
The team has been working at BTCX since April'17 in this project:
Quarter I-2017 - Bitcoin has some issues such as unsuitable for smart contracts, having an average transaction time of 30 minutes and a very high transaction price. This issue reveals the need to create a newly upgraded Token Bitcoin.
Quarter II-2017 - After months of hard work, the project team is organized and research
begins.
Quarter III-2017 - New partners join. At the same time, the project team finished working on making smart contract technology updates and security measures. Then the project website was launched simultaneously with the activation of social media channels.
Quarter IV-2017 - Distribution of BTCx via ICO. BTCx trading will start in the stock market such as HitBTC and EtherDelta. After that, the trade will take place in the bigger exchanges as well.
Quarter I-2018 - Blockchain optimization will be released and BTCx will be an option available on some online shopping sites
Quarter II-2018 - Contracts with new partners will be announced and updates will be released. The private transaction feature will be implemented. Token switch to new and unique blockchain for new upgrade.
Quarter III-2018 - Full integration of selected products
Quarter IV-2018-100 Partners work with BTCx
2019 - BTCx will be the most commonly used payment method.
2020 - Contracts with banks and large partnership announcements.
For more information :
Quarter I-2017 - Bitcoin has some issues such as unsuitable for smart contracts, having an average transaction time of 30 minutes and a very high transaction price. This issue reveals the need to create a newly upgraded Token Bitcoin.
Quarter II-2017 - After months of hard work, the project team is organized and research
begins.
Quarter III-2017 - New partners join. At the same time, the project team finished working on making smart contract technology updates and security measures. Then the project website was launched simultaneously with the activation of social media channels.
Quarter IV-2017 - Distribution of BTCx via ICO. BTCx trading will start in the stock market such as HitBTC and EtherDelta. After that, the trade will take place in the bigger exchanges as well.
Quarter I-2018 - Blockchain optimization will be released and BTCx will be an option available on some online shopping sites
Quarter II-2018 - Contracts with new partners will be announced and updates will be released. The private transaction feature will be implemented. Token switch to new and unique blockchain for new upgrade.
Quarter III-2018 - Full integration of selected products
Quarter IV-2018-100 Partners work with BTCx
2019 - BTCx will be the most commonly used payment method.
2020 - Contracts with banks and large partnership announcements.
For more information :
Website: https://btcxproject.com/
Whitepaper: https://btcxproject.com/whitepaper/whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=2460832
Twitter: https://www.twitter.com/BTCxToken
Telegram: https://t.me/BTCxToken
Bitcointalk profile: redtrust
Ethereum Address :0x96b34E3c398b1044430c329032457a3fC064cd46
Ethereum Address :0x96b34E3c398b1044430c329032457a3fC064cd46
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