The name and logo of the currency Bitcore already indicate it: The currency is based on the Bitcoin - but wants to eliminate some weaknesses of the leading currency. The spin-offs Bitcoin Cash and Bitcoin Gold already had this goal in the past. However, the developers behind the Bitcore coin opted for a different approach.
While the other projects used a so-called hard fork, the Bitcore started with a hybrid fork. The advantage: The new currency has only a small and very flexible blockchain. However, this is not necessarily a long-term solution. Over the course of time, the account book of the new digital currency also grows.
This is how the Hybrid Fork worked
While in a hard fork the blockchain of the original currency is completely adopted and then updated independently from a certain block onwards, the hybrid fork is based solely on a so-called "snapshot".
In a way, this is a photo of a certain block of the Bitcoin blockchain - which is then used as the starting point for the new blockchain. The data contained in the block was also read. Each owner of a Bitcoin registered there then received half a Bitcore coin per Bitcoin. This procedure has a decisive advantage for the users: they receive the new tokens without having to disclose their private keys.
In a first step, the block size was increased to 10 MB. In addition, a new block is generated every two and a half minutes. The background to these measures is a well-known problem with Bitcoin: the block size is set significantly lower, resulting in a huge transaction backlog.
The digital lead currency is therefore currently only suitable to a limited extent as a means of payment. This is better solved with Bitcore: While the Bitcoin can process around 150 transactions per minute, the corresponding value for the Bitcore is around 8,000. This created the prerequisite for using the new crypto currency not only as a pure investment, but also to enable direct and fast payment processing.
The mining process has been broadened
The algorithm used for the mining process has also been changed. While the original currency uses SHA256, the new variant uses timetravel10. The difference: No special and extremely expensive hardware is needed to dig for new tokens. In addition, the level of difficulty is intelligently adjusted so that the block time is kept constant.
Here the developers have obviously learned from problems with the spin-off of Bitcoin Cash - where there have been strong fluctuations in this point for several weeks. The Bitcore coin also has a special feature: weekly air drops reward the holders of the coin. In addition, there are always similar special offers.
The team behind the Bitcore Coin
The developers of the new coin do not always show modesty. They are quite confident that the Bitcore meets all the requirements to become the number one digital payment option. But if you want to find out exactly which names are behind the project, you won't find much on the official website: There the acting persons are listed only with their names.
Why this is so remains unclear. In fact, the developers behind the Bitcore can refer to strong references. So there are strong overlaps with the also very successful bitsend coin. They are not a group of unknown charlatans, but experts deeply rooted in the crypto scene. When it comes to public relations, the team relies extremely heavily on new and innovative channels and seeks a direct exchange with the owners of the tokens.
Trade BTX - BTX Markets, Exchanges, Broker
The name and logo of the currency Bitcore already indicate it: The currency is based on the Bitcoin - but wants to eliminate some weaknesses of the leading currency. The spin-offs Bitcoin Cash and Bitcoin Gold already had this goal in the past. However, the developers behind the Bitcore coin opted for a different approach.
While the other projects used a so-called hard fork, the Bitcore started with a hybrid fork. The advantage: The new currency has only a small and very flexible blockchain. However, this is not necessarily a long-term solution. Over the course of time, the account book of the new digital currency also grows.
This is how the Hybrid Fork worked
While in a hard fork the blockchain of the original currency is completely adopted and then updated independently from a certain block onwards, the hybrid fork is based solely on a so-called "snapshot".
In a way, this is a photo of a certain block of the Bitcoin blockchain - which is then used as the starting point for the new blockchain. The data contained in the block was also read. Each owner of a Bitcoin registered there then received half a Bitcore coin per Bitcoin. This procedure has a decisive advantage for the users: they receive the new tokens without having to disclose their private keys.
In a first step, the block size was increased to 10 MB. In addition, a new block is generated every two and a half minutes. The background to these measures is a well-known problem with Bitcoin: the block size is set significantly lower, resulting in a huge transaction backlog.
The digital lead currency is therefore currently only suitable to a limited extent as a means of payment. This is better solved with Bitcore: While the Bitcoin can process around 150 transactions per minute, the corresponding value for the Bitcore is around 8,000. This created the prerequisite for using the new crypto currency not only as a pure investment, but also to enable direct and fast payment processing.
The mining process has been broadened
The algorithm used for the mining process has also been changed. While the original currency uses SHA256, the new variant uses timetravel10. The difference: No special and extremely expensive hardware is needed to dig for new tokens. In addition, the level of difficulty is intelligently adjusted so that the block time is kept constant.
Here the developers have obviously learned from problems with the spin-off of Bitcoin Cash - where there have been strong fluctuations in this point for several weeks. The Bitcore coin also has a special feature: weekly air drops reward the holders of the coin. In addition, there are always similar special offers.
The team behind the Bitcore Coin
The developers of the new coin do not always show modesty. They are quite confident that the Bitcore meets all the requirements to become the number one digital payment option. But if you want to find out exactly which names are behind the project, you won't find much on the official website: There the acting persons are listed only with their names.
Why this is so remains unclear. In fact, the developers behind the Bitcore can refer to strong references. So there are strong overlaps with the also very successful bitsend coin. They are not a group of unknown charlatans, but experts deeply rooted in the crypto scene. When it comes to public relations, the team relies extremely heavily on new and innovative channels and seeks a direct exchange with the owners of the tokens.
Trade BTX - BTX Markets, Exchanges, Broker
The name and logo of the currency Bitcore already indicate it: The currency is based on the Bitcoin - but wants to eliminate some weaknesses of the leading currency. The spin-offs Bitcoin Cash and Bitcoin Gold already had this goal in the past. However, the developers behind the Bitcore coin opted for a different approach.
While the other projects used a so-called hard fork, the Bitcore started with a hybrid fork. The advantage: The new currency has only a small and very flexible blockchain. However, this is not necessarily a long-term solution. Over the course of time, the account book of the new digital currency also grows.
This is how the Hybrid Fork worked
While in a hard fork the blockchain of the original currency is completely adopted and then updated independently from a certain block onwards, the hybrid fork is based solely on a so-called "snapshot".
In a way, this is a photo of a certain block of the Bitcoin blockchain - which is then used as the starting point for the new blockchain. The data contained in the block was also read. Each owner of a Bitcoin registered there then received half a Bitcore coin per Bitcoin. This procedure has a decisive advantage for the users: they receive the new tokens without having to disclose their private keys.
In a first step, the block size was increased to 10 MB. In addition, a new block is generated every two and a half minutes. The background to these measures is a well-known problem with Bitcoin: the block size is set significantly lower, resulting in a huge transaction backlog.
The digital lead currency is therefore currently only suitable to a limited extent as a means of payment. This is better solved with Bitcore: While the Bitcoin can process around 150 transactions per minute, the corresponding value for the Bitcore is around 8,000. This created the prerequisite for using the new crypto currency not only as a pure investment, but also to enable direct and fast payment processing.
The mining process has been broadened
The algorithm used for the mining process has also been changed. While the original currency uses SHA256, the new variant uses timetravel10. The difference: No special and extremely expensive hardware is needed to dig for new tokens. In addition, the level of difficulty is intelligently adjusted so that the block time is kept constant.
Here the developers have obviously learned from problems with the spin-off of Bitcoin Cash - where there have been strong fluctuations in this point for several weeks. The Bitcore coin also has a special feature: weekly air drops reward the holders of the coin. In addition, there are always similar special offers.
The team behind the Bitcore Coin
The developers of the new coin do not always show modesty. They are quite confident that the Bitcore meets all the requirements to become the number one digital payment option. But if you want to find out exactly which names are behind the project, you won't find much on the official website: There the acting persons are listed only with their names.
Why this is so remains unclear. In fact, the developers behind the Bitcore can refer to strong references. So there are strong overlaps with the also very successful bitsend coin. They are not a group of unknown charlatans, but experts deeply rooted in the crypto scene. When it comes to public relations, the team relies extremely heavily on new and innovative channels and seeks a direct exchange with the owners of the tokens.
Trade BTX - BTX Markets, Exchanges, Broker
The name and logo of the currency Bitcore already indicate it: The currency is based on the Bitcoin - but wants to eliminate some weaknesses of the leading currency. The spin-offs Bitcoin Cash and Bitcoin Gold already had this goal in the past. However, the developers behind the Bitcore coin opted for a different approach.
While the other projects used a so-called hard fork, the Bitcore started with a hybrid fork. The advantage: The new currency has only a small and very flexible blockchain. However, this is not necessarily a long-term solution. Over the course of time, the account book of the new digital currency also grows.
This is how the Hybrid Fork worked
While in a hard fork the blockchain of the original currency is completely adopted and then updated independently from a certain block onwards, the hybrid fork is based solely on a so-called "snapshot".
In a way, this is a photo of a certain block of the Bitcoin blockchain - which is then used as the starting point for the new blockchain. The data contained in the block was also read. Each owner of a Bitcoin registered there then received half a Bitcore coin per Bitcoin. This procedure has a decisive advantage for the users: they receive the new tokens without having to disclose their private keys.
In a first step, the block size was increased to 10 MB. In addition, a new block is generated every two and a half minutes. The background to these measures is a well-known problem with Bitcoin: the block size is set significantly lower, resulting in a huge transaction backlog.
The digital lead currency is therefore currently only suitable to a limited extent as a means of payment. This is better solved with Bitcore: While the Bitcoin can process around 150 transactions per minute, the corresponding value for the Bitcore is around 8,000. This created the prerequisite for using the new crypto currency not only as a pure investment, but also to enable direct and fast payment processing.
The mining process has been broadened
The algorithm used for the mining process has also been changed. While the original currency uses SHA256, the new variant uses timetravel10. The difference: No special and extremely expensive hardware is needed to dig for new tokens. In addition, the level of difficulty is intelligently adjusted so that the block time is kept constant.
Here the developers have obviously learned from problems with the spin-off of Bitcoin Cash - where there have been strong fluctuations in this point for several weeks. The Bitcore coin also has a special feature: weekly air drops reward the holders of the coin. In addition, there are always similar special offers.
The team behind the Bitcore Coin
The developers of the new coin do not always show modesty. They are quite confident that the Bitcore meets all the requirements to become the number one digital payment option. But if you want to find out exactly which names are behind the project, you won't find much on the official website: There the acting persons are listed only with their names.
Why this is so remains unclear. In fact, the developers behind the Bitcore can refer to strong references. So there are strong overlaps with the also very successful bitsend coin. They are not a group of unknown charlatans, but experts deeply rooted in the crypto scene. When it comes to public relations, the team relies extremely heavily on new and innovative channels and seeks a direct exchange with the owners of the tokens.
Trade BTX - BTX Markets, Exchanges, Broker
The name and logo of the currency Bitcore already indicate it: The currency is based on the Bitcoin - but wants to eliminate some weaknesses of the leading currency. The spin-offs Bitcoin Cash and Bitcoin Gold already had this goal in the past. However, the developers behind the Bitcore coin opted for a different approach.
While the other projects used a so-called hard fork, the Bitcore started with a hybrid fork. The advantage: The new currency has only a small and very flexible blockchain. However, this is not necessarily a long-term solution. Over the course of time, the account book of the new digital currency also grows.
This is how the Hybrid Fork worked
While in a hard fork the blockchain of the original currency is completely adopted and then updated independently from a certain block onwards, the hybrid fork is based solely on a so-called "snapshot".
In a way, this is a photo of a certain block of the Bitcoin blockchain - which is then used as the starting point for the new blockchain. The data contained in the block was also read. Each owner of a Bitcoin registered there then received half a Bitcore coin per Bitcoin. This procedure has a decisive advantage for the users: they receive the new tokens without having to disclose their private keys.
In a first step, the block size was increased to 10 MB. In addition, a new block is generated every two and a half minutes. The background to these measures is a well-known problem with Bitcoin: the block size is set significantly lower, resulting in a huge transaction backlog.
The digital lead currency is therefore currently only suitable to a limited extent as a means of payment. This is better solved with Bitcore: While the Bitcoin can process around 150 transactions per minute, the corresponding value for the Bitcore is around 8,000. This created the prerequisite for using the new crypto currency not only as a pure investment, but also to enable direct and fast payment processing.
The mining process has been broadened
The algorithm used for the mining process has also been changed. While the original currency uses SHA256, the new variant uses timetravel10. The difference: No special and extremely expensive hardware is needed to dig for new tokens. In addition, the level of difficulty is intelligently adjusted so that the block time is kept constant.
Here the developers have obviously learned from problems with the spin-off of Bitcoin Cash - where there have been strong fluctuations in this point for several weeks. The Bitcore coin also has a special feature: weekly air drops reward the holders of the coin. In addition, there are always similar special offers.
The team behind the Bitcore Coin
The developers of the new coin do not always show modesty. They are quite confident that the Bitcore meets all the requirements to become the number one digital payment option. But if you want to find out exactly which names are behind the project, you won't find much on the official website: There the acting persons are listed only with their names.
Why this is so remains unclear. In fact, the developers behind the Bitcore can refer to strong references. So there are strong overlaps with the also very successful bitsend coin. They are not a group of unknown charlatans, but experts deeply rooted in the crypto scene. When it comes to public relations, the team relies extremely heavily on new and innovative channels and seeks a direct exchange with the owners of the tokens.
Trade BTX - BTX Markets, Exchanges, Broker
The name and logo of the currency Bitcore already indicate it: The currency is based on the Bitcoin - but wants to eliminate some weaknesses of the leading currency. The spin-offs Bitcoin Cash and Bitcoin Gold already had this goal in the past. However, the developers behind the Bitcore coin opted for a different approach.
While the other projects used a so-called hard fork, the Bitcore started with a hybrid fork. The advantage: The new currency has only a small and very flexible blockchain. However, this is not necessarily a long-term solution. Over the course of time, the account book of the new digital currency also grows.
This is how the Hybrid Fork worked
While in a hard fork the blockchain of the original currency is completely adopted and then updated independently from a certain block onwards, the hybrid fork is based solely on a so-called "snapshot".
In a way, this is a photo of a certain block of the Bitcoin blockchain - which is then used as the starting point for the new blockchain. The data contained in the block was also read. Each owner of a Bitcoin registered there then received half a Bitcore coin per Bitcoin. This procedure has a decisive advantage for the users: they receive the new tokens without having to disclose their private keys.
In a first step, the block size was increased to 10 MB. In addition, a new block is generated every two and a half minutes. The background to these measures is a well-known problem with Bitcoin: the block size is set significantly lower, resulting in a huge transaction backlog.
The digital lead currency is therefore currently only suitable to a limited extent as a means of payment. This is better solved with Bitcore: While the Bitcoin can process around 150 transactions per minute, the corresponding value for the Bitcore is around 8,000. This created the prerequisite for using the new crypto currency not only as a pure investment, but also to enable direct and fast payment processing.
The mining process has been broadened
The algorithm used for the mining process has also been changed. While the original currency uses SHA256, the new variant uses timetravel10. The difference: No special and extremely expensive hardware is needed to dig for new tokens. In addition, the level of difficulty is intelligently adjusted so that the block time is kept constant.
Here the developers have obviously learned from problems with the spin-off of Bitcoin Cash - where there have been strong fluctuations in this point for several weeks. The Bitcore coin also has a special feature: weekly air drops reward the holders of the coin. In addition, there are always similar special offers.
The team behind the Bitcore Coin
The developers of the new coin do not always show modesty. They are quite confident that the Bitcore meets all the requirements to become the number one digital payment option. But if you want to find out exactly which names are behind the project, you won't find much on the official website: There the acting persons are listed only with their names.
Why this is so remains unclear. In fact, the developers behind the Bitcore can refer to strong references. So there are strong overlaps with the also very successful bitsend coin. They are not a group of unknown charlatans, but experts deeply rooted in the crypto scene. When it comes to public relations, the team relies extremely heavily on new and innovative channels and seeks a direct exchange with the owners of the tokens.
