What is BTCx?
BTCx aims to improve functionality and sort out the volatility and uncertainty caused by infigting within the Bitcoin community.
BTCx will be distributed with ICO, so you can take BTCx and redeem it in Exchange.
BTCx is the most advanced version of Bitcoin with faster, smarter and more secure transactions and lower transfer fees.
Privacy Issues! BTCx has a private transaction so you can trade securely!
BETTER
BTCx is written in Turing Complete Language which is more functional than the stack-based language used in Bitcoin.
FASTER
BTCx has faster transaction speed than Bitcoin with the help of more advanced Blockchain technology. The average block interval on Bitcoin is 10 minutes which is forty times slower than the 14 second BTCx block interval.
SAFER
Bitcoin uses the SHA-256 algorithm that generates numbers in hexadecimal format. Compared to that, BTCx uses the Ethash algorithm for security that is far superior in terms of security measures.
SMARTER
At BTCx, users can make smart contracts faster than Bitcoin at cheaper rates.
ROADMAP
The team has been working at BTCX since April'17 in this project.
Quarter I-2017
Bitcoin has some problems such as unsuitable for smart contracts, having an average transaction time of 30 minutes and a very high transaction price. This issue reveals the need to create a newly upgraded Token Bitcoin.
Quarter II-2017
After months of hard work, the project team was organized and research began.
Quarter III-2017
New partner joined. At the same time, the project team finished working on making smart contract technology updates and security measures. Then the project website was launched simultaneously with the activation of social media channels.
Quarter IV-2017
Distribution of BTCx via ICO. BTCx trading will start in the stock market such as HitBTC and EtherDelta. After that, the trade will take place in the bigger exchanges as well.
Quarter I-2018
Blockchain optimization will be released and BTCx will be an option available on some online shopping sites
Quarter II-2018
Contracts with new partners will be announced and updates will be released. The private transaction feature will be implemented. Token switch to new and unique blockchain for new upgrades.
Quarter III-2018
Full integration of selected products
Quarter IV-2018
100 Partners working with BTCx
2019
BTCx will be the commonly used payment method.
2020
Contracts with banks and major partnership announcements.
Things that make BTCX better than Bitcoin are
BTCx is written in Turing Complete Language which is more functional than the stack-based language used in Bitcoin.
BTCx has a faster transaction speed than Bitcoin. This is due to the help of more advanced Blockchain technology. The average block interval on Bitcoin is 10 minutes which is forty times slower than the BTCx block interval which has a 14 second interval velocity. It can be said here Bitcoin is very much compared to BTCx in terms of speed interval.
Bitcoin uses the SHA-256 algorithm that generates numbers in hexadecimal format. Compared to BTCx which uses the Ethash algorithm for security that is far superior in terms of security measures. for this will be elaborated further on the workings of Ethereum hashing.
At BTCx, users can make smart contracts faster than Bitcoin at cheaper rates.
How does the Hashing Ethereum Work?
The Ethash algorithm depends on the pseudorandom dataset, which is initialized by the current blockchain length. These are called DAGs, and are regenerated every 30,000 blocks (or every -5 days). In March 2017, DAG — 2GB, and DAG will continue to grow in size as the blockchain grows.
The flow of hashing algorithms can be summarized as follows:
Preprocessed headers (derived from the latest block) and Current Nonce (combined guesses), are combined using the SHA3 algorithm to create our initial 128 byte mix, called Mix 0 here.
Mix is used to calculate 128-byte pages of DAG for retrieval, represented by Get DAG page block.
Mix combined with DAG pages taken. This is done by using a special ethereum mixing function to produce the next mixture, called Mix 1 here.
Steps 2 & 3 are repeated 64 times, eventually resulting in Mix 64.
Mix 64 is post processed, resulting in a shorter 32 byte Digest Mix.
Mix Digest compared to a predefined Target Threshold 32 bytes. If the Mix Digest is less than or equal to the target Threshold, then the Current Nonce is considered successful, and will be broadcast to the ethereum network. Otherwise, the current Nonce is considered invalid, and the algorithm is re-run with a different nonce (either by adding the current nonce, or selecting a new one at random).
Based on BTCx Project Trip is classified as starting in 2017 following the travel and work planning of BTCx.
BTCx Token Info
Token Name : BTCx
Decimals: 8
The Symbol: BTCx
Supply: 21.000.000
BTCx can be a BTC revolution in the future, I can conclude this because we can see from the comparison between Bitcoin and BTCx, BTCx can be a prima donna in the future this is not separated from the technology used by BTCx.
If you want to join BTCx please see link below
Details Information:
Website: https://btcxproject.com/
Telegram: https://t.me/BTCxToken
Twitter: https://twitter.com/BTCxToken
Ann Thread: https://bitcointalk.org/index.php?topic=2460832
Author (specsmuluk) https://bitcointalk.org/index.php?action=profile;u=1062194
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