There is no central control over the currency.
Bitcoin Token is open source, community driven, decentralized.
BERN, SWITZERLAND, Nov 12, 2019. Bitcoin Token, is a digital currency. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network. Today, the BTCT blockchain is officially launching for public use. Currently there are over 60 nodes live on the network and the founders expect that to go over 6000 fairly soon as more people adopt this blockchain.
Bitcoin Token seeks to solve some of the hindrances that are not allowing BTC to be mass adopted currently, such as:
1) Fast Transactions
Bitcoin Token (BTCT) can be transferred in less than 3 seconds making it a fast alternative to Bitcoin (BTC) in which transactions require 10 minutes for confirmation! The original Bitcoin is now thought of as the gold standard for digital currencies. Bitcoin Token is a solution now for smaller faster transactions, with lower fees. It is intended for real-life solutions and transactions.
2) Low Fees Transfers
Currently, the fee to send a $25 Bitcoin transaction, e.g. to pay for a decent meal, is $0.42. The same transaction, paid with Bitcoin Token (BTCT), would cost less than $0.01. i.e. Almost free!
3) Energy Efficiency
Bitcoin Token is eco-friendly as it does not require any traditional computationally demanding miners to run its network. It’s our estimate that the energy needed to run our entire network is only in the thousands per year. Where Bitcoin (BTC) takes the entire power of switzerland per year to run per annum!
Adam Draper says, “The next phase of the journey is to move from speculation to actual use cases — people getting into Bitcoin because they want to use it.” The volunteer developers of Bitcoin Token agree and hope that BTCT adoption will spur on innovation to Bitcoin itself.
Cryptocurrencies are the [r]evolution of money and Bitcoin Token (BTCT) aims to be a large part of this evolving landscape of money use, value and transfer in the 21st century.
“Move over Doge coin, here is the ultimate beginners crypto. Anyone now can learn to mine on their laptop and earn Bitcoin Token easily. This changes everything!” — Alan Salsman.
To buy Bitcoin Token (BTCT) you can register for an account at Altilly Exchange, A trusted Cryptocurrency trading platform.
About Bitcoin Token (BTCT)
Bitcoin Token (BTCT) is a digital currency, the [r]evolution of money. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network.