Bitcoin Plus (XBC) is a peer-to-peer cryptocurrency utilizing proof of stake for security and efficiency. More
Fully Diluted Valuation | $1.95M |
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24H Trading Volume | $68 |
24H Low / High | $1.95 / $ 1.96 |
Circulating Supply | 268.65 K |
Total Supply | 1.00 M |
Max Supply | ∞ |
Categories | Proof of Stake (PoS) 1 more |
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Founder | Peter Bushnell |
Website | bitcoinplus.org |
Socials | 1 more |
Explorer | Prohashing 2 more |
Name | Pair | OG Score |
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Bitcoin Plus (XBC) is a peer-to-peer digital currency that differs from traditional cryptocurrencies like Bitcoin by using a more eco-friendly method called proof of stake. This method doesn't require extensive energy use for mining, making transactions faster and cheaper.
Moving Away from Energy-Intensive Mining
Unlike Bitcoin's proof of work, which demands high computational power and energy, XBC's proof of stake relies on users staking their coins to verify transactions. This approach reduces environmental impact and ensures smoother transactions without high fees during peak times.
Introducing Bitcoin Plus 2.7
Bitcoin Plus 2.7 is an updated version of XBC, improving upon earlier designs. The project's whitepaper, authored by Peter Bushnell and inspired by Peercoin, outlines its goals of combining security with efficiency.
Limited Supply for Stability
XBC has a total supply of one million coins, promoting scarcity and potential value growth over time. This limited supply encourages early adoption and ensures economic stability within the XBC ecosystem.
Conclusion
Bitcoin Plus (XBC) represents a forward-thinking approach in the cryptocurrency world, emphasizing sustainability and affordability through proof of stake. By reducing energy consumption and transaction costs, XBC aims to provide a viable alternative to traditional cryptocurrencies, paving the way for a greener digital economy.
Bitcoin Plus (XBC) stands out for using proof of stake instead of proof of work, reducing energy consumption and transaction costs while maintaining security.
Bitcoin Plus (XBC) was founded by Peter Bushnell, as outlined in the project's whitepaper inspired by Peercoin's creators.
You can buy Bitcoin Plus (XBC) on StakeCube, Freiexchange cryptocurrency exchanges.
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