Bitcoin 2 (BTC2) Price, Charts, and News | Coinbase: btc2, bitcoin 2, bitcoin2

What Is Bitcoin2 (BTC2)?

Bitcoin2 (BTC2) is a Bitcoin-based community-centric cryptocurrency. The token seeks to focus on offering privacy, speed, scalability, decentralization, and real-world usage of cryptocurrency.

The token claims to confirm any transactions in a second with its custom proof-of-stakeprotocol and second-tier master node network. A master node is at the head of the blockchain queue system and helps to process the SwiftTX transactions. A SwiftTX is when the user decides to send a transaction, the transaction is sent to master nodes to process and gets verified and guaranteed instantly.

Further, Bitcoin2 (BTC2) aims to be an advanced digital currency featuring fast, secure, decentralized, and private features. The users faced the problems of high expenses and slow transfer rates of the transactions with the other cryptocurrencies. As a result, the motive of introducing Bitcoin2 (BTC2) in the market was to seek to eliminate the given issues from the environment and provide a secure trading platform to users. The SwiftTX feature of Bitcoin2 (BTC2) aims to solve such issues and make it fast enough to be used as a payment method by retail shops and grocery stores.

Further, Bitcoin2 (BTC2) is a fork of Bitcoin and is available on multiple exchanges for trading. Any user with a computer can stake to earn rewards and contribute to running the blockchain. Staking is done via wallet, and every time someone uses their Bitcoin2 (BTC2) core wallet, they contribute to the blockchain, thus earning Bitcoin2 (BTC2) as a reward. Bitcoin2 (BTC2) rewards stakers who create valid blocks until the maximum supply is reached. The users also get the transaction fees for the block.

In addition, the future goal of the Bitcoin2 (BTC2) core team is to partner with a mobile point-of- sale payment service or create one with rewards in the mobile app to facilitate users by creating more real-world uses for Bitcoin2 (BTC2).

The Bitcoin2 (BTC2) team, along with new contributors, also plans to work on the Bitcoin2 (BTC2) decentralized exchange (DEX) and implement any further advances in cryptocurrency technology such as the Dandelion protocol.A Dandelion protocol is a network layer solution that detects anonymity in cryptocurrency.

History of the Bitcoin2 (BTC2) Token

Bitcoin2 (BTC2) was launched on February 5, 2018. The maximum total supply of the BTC2 (BTC2) token is 21,000,000 BTC2.