Bithumb Coin (BT) will be used on the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details of the Bithumb Chain exchange to pay commissions and vote in the community. Representatives of the platform say on Twitter that they will release 300 million BT.
Bithumb Chain network is preparing for testing
The exchange team explains to users that the Bithumb Chain is an open source decentralized protocol in the Bithumb ecosystem. Developers have added innovative technologies, such as EaaS. Using the protocol, users get access to the service in one click. To improve the network, the team launches a tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details – Bithumb Coin.
The coin is used as a method of exchange in the platform system. The Bithumb Chain is planned to be launched in early 2020, with 300 million coins to be prepared for release. In the future, half of the profits will be used to burn 50% of BT’s total supply.
The coin will be used to pay a commission, to obtain rights to use the Bithumb Chain in potential payment mechanisms. BT owners get the right to vote when discussing investment issues, as cryptocurrency news is transmitted.
Interesting in the section: What will happen when 21 million Bitcoins are mined?
- The cryptocurrency community is worried about miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details 21 million BTC. However, the system will not stop working, as miners receive commissions for processing transactions. Payouts will motivate miners.