0xBTC
Basics
Type | PoW ERC token on Ethereum |
---|---|
Consensus mechanism | PoW |
Total supply | 21,000,000 |
Website | https://0xbitcoin.org/#/ |
- Based in:
- Started in / Announced on: 2-2018
- Testnet release:
- Mainnet release:
- From their Twitter (5-4-2021):
"The first pure mined ERC20 token for Ethereum Applications. Which inspired the ERC918 mineable token standard."
History
Token
Launch
Token Allocation
- From their website (5-4-2021):
"Tokens are created in exchange for SHA3 Proof-of-Work submitted to the contract."
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found here (2-2018).
- Code can be viewed here.
Implementations
- Built on: Ethereum
- Programming language used:
Transaction Details
How it works
- From the whitepaper (2-2021):
"0xBTC does not operate its own chain or network. The mining of 0xBTC only affects the supply and is a means-to-an-end to ensure that 0xBTC is a verifiably neutral and decentralized currency with no centralized leader, stakeholder, or team. Since 0xBTC is a smart contract within Ethereum Mainnet, it has the full security of Ethereum Mainnet. In order to double spend or 51% attack 0xBTC transactions, the entire Ethereum Mainnet would have to be double spent and rolled back with a 51% attack. This is completely unrelated to the hashrate or PoW mining power of 0xBTC."
Mining
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Privacy Method
Compliance
Oracle Method
Their Other Projects
Governance
DAO
Admin Key
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
- Audit can be found here.
Bugs/Hacks
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
Funding
Partners
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