A new hard fork in BITCOIN network: BITCOIN-X will appear by the end of this year to bring users instant transactions and ...
December 14 2017 - 1:08PM
ADVFN Crypto NewsWire
A new hard fork in BITCOIN
network: BITCOIN-X will appear by the end of this year to bring
users instant transactions and absolute
anonymity
December 14, 2017 -- ADVFN Crypto
NewsWire -- Blockchain professionals have been doing their best to
provide the emergence of a new hard fork in the network of the most
popular cryptocurrency around the world. By the end of 2017 the
BITCOIN community will have an access to the ideal BITCOIN-X.
Will it truly be so ideal?
Just count the advantages and compare
with previous hard forks and classy version:
- The existing algorithm is improved.
This will speed up transactions, optimize BTCX network and make the
system resistant against different sorts of attacks.
- The speed of block mining increased
to 2.5 min.
- Block Size Limit increased
to 4 MB.
- Each user will have a unique
address format.
- Transactions have the protection
against replay.
- The complexity of mining every
new block will be increasing.
Some other important functions and
improvements are indicated in the roadmap and currently are in the
stage of implementation. These
include:
- Offline codes,
- Lightning Network
technology,
- ZkSnark,
- Ethereum Smart
Contracts.
21 mln coins. will be emitted in the
moment of hard fork. Each owner of BITCOIN will receive BITCOIN-X
on their wallets in proportion 1 BTC = 1 BTCX. So don’t forget to
withdraw your BITCOINS from third party resources in
advance.
Bitcoin-X will provide absolute
anonymity of transactions and even network overloads won’t make
users wait for confirmation of their transactions for hours or even
days. BITCOIN-X
will definitely be better than previous
versions!
Follow the latest news about the fork through our social network
channels:
https://t.me/bitcoin_X11
https://t.me/bitcoinX11
https://www.instagram.com/bitcoinx11
https://twitter.com/BitcoinX11
https://medium.com/@bitcoinx11
facebook.com/BitcoinX11
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