5 ~ 2 seconds block speed
Perform over 1000 tps
0.00001 Lumen's fee
Moving money across borders quickly, reliably, and for fractions of a penny never has been too easy. With Bitcoin X now we can connect banks, making payments and trusting people all over the world without worrying about double spending issues.
While Bitcoin and Ethereum are facing large scalability issues Stellar came across with a solution triggering one of the most impressive growing in the Blockchain industry. With the Stellar Consensus Protocol (SCP) Bitcoin X can acomplish the Satoshi's vision in a scalable and futuristic view.
Over the Stellar Network happens the fastest transactions ever build on the Blockchain. 2 ~ 5 seconds and your payment will be on your wallet. A transaction on the network consists of one or more operations. Payments, offers, and fees are all examples of operations that could make up a single transaction.
If too many transactions are submitted, nodes propose the transactions with the highest fees for the ledger’s transaction set. The consequence is just 0.00001 xlm fee on the overall network. Less than both Ethereum and Bitcoin and with also a much better transaction speed.
Stellar uses industry-standard public-key cryptography tools and techniques, which means the code is well tested and well understood. All transactions on the network are public, which means the movement of funds can always be audited. Each transaction is signed by whomever sent it using the Ed25519 algorithm.
A conservative estimate of Bitcoin X processing rate is 1000 operations per second. The distributed Stellar network is made up of servers running the Stellar Core software. Stellar Core maintains a local copy of the network ledger, communicating and staying in sync with other instances of Stellar Core on the network.
Bitcoin X is an asset running on Stellar that aims to accomplish the Satoshi's vision under an scalable way so people can use a global peer-to-peer electronic cash system. We are a blockchain enthusiasts who seek to bring to this community a payment method they can trust on solving scalability issues. You can see more information here in our whitepaper.
We're thinking of Bitcoin X as the 10th anniversary of Bitcoin in January 3 of 2019 this is why we choose a X over other letter. Also, there have been numerous versions of Bitcoin till now so we think Bitcoin X or Bitcoin ten are appropiate names.
We're planning launching Bitcoin X before the 10th anniversary of Bitcoin in January 3 of 2019.
You can participate on Stellarport a decentralized exchange running on Stellar so we can ensure the safety of the funds of all our participants during the sale.
You will get 1 BTX per 1 XLM as specified in whitepaper. We think we can make history again with good distribution of the token if we ensure everyone can participate.
There will be ever 21 million Bitcoin X as total supply.
We believe in the philosophy of Satoshi Nakamoto and the maths behind his number. We also think is a low supply and thus, can serve as monetary purposes because it's a deflationary feature.
Yes, we're currently on negotiations with top exchanges where the token will be listed after finishing the token sale.