BTCx

What is BTCx?

BTCx aims at improving the functionality and sorting out the volatility and uncertainty caused by the infigting within the Bitcoin community. https://btcxproject.com/

BTCx will be distributed with ICO , so you can take your BTCx and trade it on Exchanges.

BTCx is the most advanced version of Bitcoin with faster, smarter and more secure transaction and lower transfer fees.

Privacy Matters! BTCx has private transactions so you can trade safe.

BETTER

BTCx is written in Turing Complete Language which is more functional than stack based language used in Bitcoin.

FASTER

BBTCx has faster transaction speed than Bitcoin with the help of a more advanced Blockchain technology. The average block interval on Bitcoin is 10 minutes which is fourty times slower than BTCx's block interval of 14 seconds.

SAFER

Bitcoin uses SHA-256 algorithm that produces a number in hexadecimal format. Compared to that, BTCx uses Ethash algorithm for security which is far more superior in terms of safety measures.

SMARTER

In BTCx, users can create smart contracts much faster than Bitcoin at a cheaper price.

How it Works Hashing Ethereum

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:

1. 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.
2. Mix is ​​used to calculate 128-byte pages of DAG for retrieval, represented by Get DAG page block.
3. 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.
4. Steps 2 & 3 are repeated 64 times, eventually resulting in Mix 64.
5. Mix 64 is post processed, resulting in a shorter 32 byte Digest Mix.
6. 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).

Comparison BTCx and The Others

Token Info

Token Name : BTCx

Decimals: 8

The Symbol: BTCx

Supply: 21.000.000

Contract Address: 0x5A82De3515fC4A4Db9BA9E869F269A1e85300092

Roadmap

• First Quarter-2017

Bitcoin had a few problems such as being unsuitable for smart contracts, having a mean transaction time of 30 minutes and very high transaction prices. These problems revealed the need of creating a new upgraded Bitcoin Token.

• Second Quarter-2017

After months of hard work, project team was organized and studies got started.

• Third Quarter-2017

New partners joined in. At the same time project team finished working on creating updates on smart contract technology and security measures. Then project website was launched simultaneously with the activation of social media channels.

• Fourth Quarter-2017

Distribution of BTCx via ICO. BTCx trade will be initiated at stock markets such as HitBTC and EtherDelta. Following that, trading will take place on bigger exchanges as well.

• First Quarter-2018

Blockchain optimizations will be released and BTCx will become an available option in some online shopping websites

• Second Quarter-2018

Contracts with new partners will be announced and updates will be released. Private transaction features will be implemented. Token swap to new and unique blockchain for new upgrades.

• Third Quarter-2018

Full integration on selected products

• Fourth Quarter-2018

100 Partners working with BTCx

• 2019

BTCx will become a commonly used payment method.

• 2020

Contracts with banks and announcement of big partnerships.

For more Information About BTCx 

Website https://btcxproject.com

For ANN Thread click https://bitcointalk.org/index.php?topic=2460832

For Twitter Account click https://twitter.com/BTCxToken

And join the Telegram group https://t.me/BTCxToken

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