Why Bitcore: A new alternative?● Bitcoin (BTC) has been reaching its limits for 2 years now:
– Only ~600000 - 1.2 million transactions per day possible
– Vast increase in price → Extremely high transaction fees, especially in relation to small transaction amounts
– Right now not suitable as payment coin
● Bitcore (BTX) was initiated at the peak of the scaling debate of the Bitcoin-network on 24th of April 2017
● It’s a decentralized coin, always on track with the latest crypto technology
Bitcore: creating facts instead of discussions● Bitcore is already able to process 40x - 80x the transactions of Bitcoin
● Extremely low transaction fees (~0,01ct @ $20/BTX), even lower than current Litecoin (LTC) fees
● → The ideal payment coin (VISA: 150 Million transactions vs. BTX: 48 million, with LightningNetwork: 1+ Billion)
● The great advantage of BTX over some of the supposed competition (Paypal, VISA, Mastercard etc.):
– No central authority → no dependency
– No horrendous fees for merchants, restaurant owners, webstores, hotels and sales of any kind
– Great flexibility, everyone with a smartphone can get started easily.
Bitcore in comparison:Bitcore Roadmap: