Bitcoin Private.
What is it? And Why we want to use it?
Not too long ago, on February 28th of this 2018’s year a new cryptocurrency fork has been taken place, this fork is claiming to be something diferent, being born from two diferent blockchains give it the benefit of both and even more as they creators claim. We are talking of Bitcoin Private, a blockchain focused on privacy but including so many features that convert it in something we need to look at.
Bitcoin Private have so many features, let´s take a look on wich ones they are:
Privacy: Bitcoin private uses the same privacy that inherith from zclassic (zk-snarks) wich protect the identity of a sender on payments.
Decentralized: Bitcoin Private don’t need intermediary when sending transactions via peer to peer, they are verified inside the network nodes.
Open Sourced: Bitcoin Private is based on oper source project, it gives the freedom to check the code base at every moment so, that way the community can contribute to the main project.
Fast and secure: Bitcoin Private is Lightning fast, the technology behind it support faster transactions with replay protection.
Developing Team: Bitcoin Private is supported by a very capacited workgroup, that people is always finding the way to improve what they are creating, they have a target and that one is have the best and useful cryptocurrency out there.
Phenomenal Roadmap Implementation: Since February 28th Bitcoin Private core group has being tireless working to achieve awesome milestones, the roadmap of Bitcoin Private is looking very good and is going to be better with time.
Community: One of strongest factors to consider when we talk of Bitcoin Private is the growing of a healty community wich know the value of this cryptocurrency and support it each day a bit more than the last one.
Even personalities like Mr. John McAfee supports the Bitcoin Private Proyect because he sees in it a valuable combination of features that make it at least one step above the other cryptocurrencies out there. This is very important to consider because Mr. McAfee is a pioneer in technology, a guy who have an especial eye to see what have some of value and already have some time focusing hes attention into Bitcoin Private as we can see on every post he do who is related to this cryptocurrency. He even think that Bitcoin Private advanced technology will replace the giant Monero as preferred private coin by users.
Couple days after Mr. McAfee spoke about BTCP replacing Monero he published about he’s new and probably very accurate (considering what he did in the past ones) predictions, this time he went afar because he never do short term ones like this ones. In one of them he visualized BTCP surpassing 200$ by the end of July 2018.
The comunity of Bitcoin Private ask Mr. McAfee to be a voice on BTCP. He answered with a poll wich eventually turned into a big 70% of the comunity saying yes. Just after that poll results he made the statement of create a site to support privacy in cryptocurrency, even signable into the blockchain.
All of these events helped BTCP to go into a bullish way but going just beyond of short term indicators, the community who support BTCP and other privacy coins just have a new hero wich is dedicated to be part of a very big project, one that will help the world in the future, giving the people more independency securing their identity when they trade leaving centralized and controlling banks outside the equation.
What´s heading next? , btcp its here to stay, its one of the best projects out there for 2018, atm still undervalued, with so much potential, that theres so much holders , theres so many people not knowing of its potential, that it has passed 3 months growing, with a dev team that never rests, making btcp each day better.
Now it have been caught into Mr. John McAfee´s eyes, and thats something to care about, from the day before he made a poll to the next 18 hours, btcp pumped solid 38%, hitbtc volume raised from 12 btc to an outsatnding 145 btc.
I gonna be following btcp, and refreshing with news about btcp progress, atm theres a bete for btcpay for merchants, where u can sign http://btcppay.com/login, sms payment, where u can easily send btcp funds from non smart phone.
Stay tunned for the next update about this amazing newcomer to the fabulous world of the cryptocurrencies , the Bitcoinprivate.