Topic: 0xBitcoin: Bitcoin has been ported onto an Ethereum smart contract. PoW mining (Read 282 times)

0xBitcoin
Decentralized Ethereum Payments
http://0xbitcoin.org


Symbol:
0xBTC

Icon:
https://imgur.com/DclfuY8


Abstract:
Bitcoin was ported onto Ethereum as 0xBTC on Feb-06-2018 04:03:46 AM +UTC. It is the first PoW-mineable ERC-20 token. It has the same halvings, difficulty, eras, and total coin cap of Bitcoin, but with the speed and versatility of an ERC-20 token on the Ethereum Blockchain. This allows the token to be used within Ethereum smart contracts. This coin has never had an ICO or airdrop.

The purpose of this token is to provide a tool that is the first truly Proof of Work mined ERC token on the Ethereum blockchain.  This tool is also the first decentralized payment mechanism on Ethereum besides Ether itself.  This is important because Ether is not designed to be a currency or to be a base pair.  It is designed to be the lifeblood for the Ethereum Network.  Ether is only a 'means to an end' for that purpose and would not exist if the Ethereum network could be secured without it.  Therefore it is important that the community looks to shift payments to a token that is 1) specifically designed for the purpose of payments, as it is much cheaper and faster to send this token compared to sending ether, and that 2) interacts with all standardized token services unlike Ether.



Attributes:
- No premine  

- No initial coin offering (ICO)

- Mine for free with a CPU/GPU in a pool or solo

- Decentralized community and ownership (Operated as a DAO)

- There is no central entity controlling or operating this project

- Mine and transfer exactly like bitcoin, but 10x faster and 100x cheaper.

- Interfaces with smart contracts on the Ethereum blockchain for storing and transferring value, unlike Ether.  (Ether is not intended to be used for payments and is not a token.)

- First ever mineable ERC token on Ethereum Blockchain



Related Websites:
- Reddit: https://www.reddit.com/r/0xbitcoin/

- BitcoinTalk: https://bitcointalksearch.org/topic/m.31301369

- Discord (Support and Chat) : https://discord.gg/JGEqqmS

- GitHub Contract: https://github.com/0xbitcoin

- GitHub Miner: https://github.com/0xbitcoin/0xbitcoin-miner/blob/master/RELEASES.md

- Contract: https://etherscan.io/address/0xb6ed7644c69416d67b522e20bc294a9a9b405b31

- Pool: tokenminingpool.com (600 miners)



How to start mining:
Open Source Miners: https://github.com/0xbitcoin/0xbitcoin-miner/blob/master/RELEASES.md

How to video: https://www.youtube.com/watch?time_continue=2&v=jNtNw-YsqQU



Articles:
https://www.trustnodes.com/2018/02/16/first-pow-bitcoin-like-token-launches-ethereum

https://medium.com/@admazzola/the-case-for-the-mineable-erc20-token-78cbb4c34331