Hello All, on this good occasion I will discuss about the very famous digital currency that is Bitcoin and for that here is the Explanation:
The year 2008 is the beginning of Bitcoin made with all its advantages and disadvantages by a fake software developer named Satoshi Nakamoto, as an electronic payment system based on mathematical evidence and this year 2018 is a special year because I will introduce a bold and amazing Project from Blockchain, The project is called "Bitcoin 2 ".
Bitcoin 2 is a measured Bitcoin fork with private transactions and instant verified payouts. It is open source, anonymous, fast and based on the "Proof of Stake" algorithm.
Fast
Payment of SwiftTX confirmation in seconds.
Private, untraceable
Transact personally using Zerocoin and Tor protocols.
Decentralized
Anyone with a computer can earn money and contribute to running blockchain.
Low cost
Send money globally for less than a cent.
Scalable
Until now, the maximum transaction per second is about 40 times more than Bitcoin.
Economical
Bitcoin 2 uses the most complete Proof of Stake algorithm. Greatly reduced electricity usage compared to Bitcoin.
Comparison Chart
WHY SHOULD CHOOSE BITCOIN 2?
Sending old Bitcoin can be more expensive than wire transfer and slow compared to other crypto currencies. Transactions can also be tracked. With all the battles about what to do, the big improvements on Bitcoin come slowly if at all.
So Bitcoin 2 should be born. Bitcoin 2 solves the problem and is also fast enough to be accepted as a payment method by retail stores and grocery stores due to the SwiftTX feature.
SwiftTX is an "InstantSend" feature in Dash. When a user chooses to send a transaction as SwiftTX, the transaction will be sent to Masternodes for processing and will be verified and guaranteed by them almost instantly.
So no need to wait for the transaction to appear in the block that has been confirmed. This type of payment is made for a Point of Sale situation in the real world.
wow .. A very interesting project to follow and for more information click here: https://www.bitc2.org/. or want to understand more before joining please read my writing until it runs out!
Does Bitcoin 2 have re-protection ??
Yes, Bitcoin transaction is invalid in Bitcoin 2 blockchain and vice versa because of the difference between transaction format and blockchain.
How do I claim Bitcoin 2s after a fork ??
If you have Bitcoin in block number 507850, ~ 6 February and your Bitcoin is not on the exchange, then simply download and install Bitcoin 2 Core Wallet.
You can then import your Bitcoin private key or copy your Bitcoin wallet.dat file to where Core 2 Bitcoin Wallet is installed to claim your Bitcoin 2s.
If you are concerned about the security of doing so, you can: First, move the BTC to a new address, then use the private key from the "old" address (which now has 0 BTC and therefore can not be stolen) to claim your BTC2.
If your Bitcoin is on the exchange, ask for your exchange to the Bitcoin 2 list and rate your balance.
How do I handle Bitcoin 2s ??
Simply download and install Bitcoin 2 Core Wallet and import your Bitcoin 2s to it. So all you have to do is keep running the app.
What do I get for staking Bitcoin 2s ??
Everyone uses a Bitcoin 2 Core wallet or lets it help block all when generating Bitcoin 2s.
A staker that creates a valid block gets a 0.6 Bitcoin 2s reward until the maximum supply is reached. Staker also gets a transaction fee for the block.
The more Bitcoin 2 you have in your Bitcoin 2 purse, the more likely you will be the one who gets the bonus block. Only a small piece of coin in circulation is at stake at a certain time so you do not need to have as many Bitcoin 2s to be able to get a gift from the block.
What is Bitcoin Inflation 2 ??
No more than Bitcoin. The amount of Bitcoin 2s in circulation will only increase by about 2% per year until the maximum amount is reached.
After that point the amount of Bitcoin 2s in circulation will never increase again, making Bitcoin 2 a much better storage value than other fiat currencies.
At current levels, in 10 years will almost double the amount of US dollars in circulation! This is why investing in gold or Bitcoin is very popular.
What are Future Development Plans ??
Bitcoin2 core developers along with other new contributors will work on: Mobile wallets for Bitcoin 2, In-wallet Decentralized Exchange and continue to apply other significant advances in cryptographic technology as the Dandelion Protocol.
Anyone interested in developing Bitcoin 2 can further contribute to Bitcoin 2 github.
Up here explanation from me and for more information please visit Bitcoin 2's Website and Social Media below:
WEBSITE:https://www.bitc2.org/
ANN THREAD:https://bitcointalk.org/index.php?topic=2871452
FACEBOOK:https://www.facebook.com/bitc2.org/
REDDIT:https://www.reddit.com/r/bitc2/
TWITTER:https://twitter.com/Bitc2org
GITHUB:https://github.com/BITC2/bitcoin2
Author: Gelogelo
BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1855756