BitCore BTX: the best of PoW, Masternodes and DeFi
What is BitCoreBTX? What are the features and why should I start using it?BitCore is a cryptocurrency that is a UTXO fork of Bitcoin. Although you may have heard of hard forks, many people are only aware of Bitcoin hard forks such as Bitcoin Cash and Bitcoin Gold; on the contrary, few people know about BitCore or hybrid forks. Using the source code and technology of Bitcoin, BitCore has created a new blockchain; made sure that the size of the blockchain was smaller and the scalability was better. Also, the block times are faster than Bitcoin, making mining ASIC-resistant as well. BitCore created a new blockchain on April 24, 2017. It took a snapshot of the Bitcoin transaction and created 5 million transactions to fill all public addresses owned by people who own 0.01 BTC or more. The funding ratio is 0.5 BTX: 1.0 BTC, but if you held bitcoin at the time of the snapshot, you can claim your share of BTX with a 1:1 conversion until October 30. BitCore BTX is the first cryptocurrency that is a UTXO fork. But it's more than a hybrid fork. He tried to improve Bitcoin and solve the problems that plague it. For example, BitCore uses the ASIC-resistant MEGA-BTX consensus algorithm. This means that centralization of mining power is not possible, since the playing field is even and everyone has more or less the same opportunities. Additionally, BitCore has 10 MB of Segwit-enabled blocks, making the network capable of handling 17.6 billion transactions per year or 48 million transactions per day. BitCore is a cryptocurrency that promises a lot, especially with the new implementations that the algorithm and the Masternodes platform have made to it, which offers the entire cryptocurrency community the opportunity to mine BTX with PoW or Masternodes, even BTX holders can mine it as much with PoW as with Masternodes.