Bitcoin Token (BTCT) — The story so far
Bitcoin Token (BTCT) is an eco-friendly digital currency. BTCT uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network.
A unique feature of the Bitcoin Token blockchain network is that it is almost exclusively powered by Raspberry Pi mini computers that take very little energy to run. In fact the energy used per transaction is only 3.5 watts, this compared to a Bitcoin transaction which consumes a whopping 1500 watts! Furthermore BTCT takes an unbelievable 3 SECONDS for confirmation whereas Bitcoin takes a yawnworthy 10 minutes!
What makes Bitcoin Token even more attractive is the transaction fees. Based on a $25 transaction Bitcoin Token (BTCT), would cost a fraction of a penny in transaction fees whereas the same valued transaction with Bitcoin (BTC) would put you back a colossal $0.42 in comparison.
A few months ago a number of projects came together to form what we now know as Bitcoin token, (BTCT).
Bitcoin Token (BTCT), is 6 months into a 3 year plan. What’s known by traders as the accumulation phase, where the coin is relatively cheap in comparison to what price it can eventually achieve.
In the first few months the team has managed to conduct the coin swap through the Altilly exchange, where they remain a strong presence. Further coin listing exchanges were soon to follow for BTCT, listings on Crex24, Birake and most recently StakeCube. This quick progression has shown that the project is in no mood to slow down and surely it’s only a matter of time before their next listing is announced.
Once the investor has acquired BTCT from one of the above exchanges there needs a place to hold it that’s safer than keeping it on an exchange.
Bitcoin Token features a desktop wallet where users can safely store their coins. Within the wallet there’s an ability to be rewarded for holding on to the coins. This is known as to ‘staking’.
There are different ways in which to earn rewards, the first and easiest method is to leave your BTCT in your desktop wallet and keep the wallet open and connected to the internet 24/7. The rewards are the most fruitful now, however as more BTCT get mined and supply gets filled the rewards will lessen accordingly.
Another way to make your BTCT earn you money whist you do nothing but sit and have a cold beer is by running a masternode.
You can run a shared or a full masternode.
For masternode hosting the Bitcoin Tokens website recommends a few different hosting sites that range from $0.45-$2.00 per masternode hosted. You’ll need 10,000 BTCT to own your own full masternode, (this is called collateral)and it will generate 8 BTCT each time a reward is issued, this too decreases as more BTCT come into circulation.
Bitcoin Token has proudly partnered up with FlitsNode to help hosting masternodes become more user-friendly. They offer mobile wallets to safely store your Bitcoin Token (BTCT) whilst still enabling masternode rewards to be paid. Flits also offers masternode hosting on the go, which is of great appeal as the user can see their rewards on the go.
There’s a common myth about Bitcoin Token, being that they are in some way linked to Bitcoin Turbokoin (BTK), this is not true, however BTK was previously known as Bitcoin Token before they dropped the name and gave the newfound BTCT their blessings to use the name. BTK has now ceased to trade.
The future plans for Bitcoin Token is full adoption. BTCT will surely become a household name, and will be used as a popular payment method throughout the crypto space.
The future looks bright for BitcoinToken, (BTCT).
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