It’s not hard to see why Bitcoin is referred to as “digital gold.” It’s decentralized, scarce, and has the ability to conduct global peer to peer transactions that are fast, cheap, secure, and immutable.
It’s also not hard to see the value in tokens created on decentralized platforms. Platforms such as Ethereum with the ability to execute unstoppable, unchangeable,and autonomous smart contracts.
So then it’s easy to see the value in a currency which combines all of this into one. While it’s easy to see, and it’s easy to say, it’s much harder to to do. Many have tried, and many have failed.
Where others have failed, 0xBitcoin succeeds.
The first of its kind, 0xBitcoin (or 0xBTC) is an ERC20 token which combines advantages of both Bitcoin and Ethereum. Like Bitcoin, it’s decentralized, permissionless, mined, immutable, and scarce. It shares all of Bitcoin’s use cases, properties, and value propositions, all while benefiting from the increased speed, scalability, and functionality of Ethereum. It can be utilized in, and interact with decentralized applications and smart contracts. It can be traded on decentralized exchanges, stored in Ethereum wallets, and is as fast and secure as the Ethereum blockchain itself.
0xBitcoin brings the proven economic and distribution models of Bitcoin to the world’s largest blockchain-based distributed computing platform. Deployed to the Ethereum mainnet in February of 2018 as both a response and a solution to many of the vulnerabilities plaguing the network, and classified as a commodity (allowing it to steer clear of SEC sanctions), it sets the new standard for tokens on Ethereum.
With the ongoing development of Merge Mining, Lava Wallet, and 0xBitChain (just to name a few…) there are plenty of reasons to be excited about this innovative new token. Currently being traded at under $1 USD, it’s strong foundations, limited 21 million token supply, and promising future make 0xBTC one of the most undervalued cryptocurrencies on the market today. Development and excitement are picking up, and with the support of a vibrant and ever growing community, 0xBitcoin is poised to finish 2018 strong and continue on to an even stronger 2019.
You can find out more information about 0xBitcoin by:
-Joining the Discord
-Reading the white paper
https://github.com/0xbitcoin/white-paper/blob/master/README.pdf
-Checking out all the up-to-date stats
https://0x1d00ffff.github.io/0xBTC-Stats/?page=stats&
-Checking out the website
-Stopping by the Reddit pages
https://www.reddit.com/r/0xbitcoin/ and https://www.reddit.com/r/Tokenmining/
You can even check out the contract yourself!
https://etherscan.io/address/0xb6ed7644c69416d67b522e20bc294a9a9b405b31#readContract
