Bitcoin Real (BTCr Token): Promising Cryptocurrency Fork From BTC?
Bitcoin has risen and fallen time and time again, right now settling under $7,000 per coin. In recent years, the BTC network has seen congestive times mainly due to spikes on the platform. Other reasons the system has seen severe slow-down is because of the prolonged block time of ten minutes or more on average. The team at Bitcoin hasn’t figured out a way to shorten the times, thereby creating some serious problems for anyone who is involved, mainly in big block sizes and slow transaction times. Bitcoin users would like to see some of the other elements used on platforms like Ethereum, but all the same, Bitcoin is doing pretty good.
Regardless of the success of Bitcoin, the company has seen a lot of its members diverted to other platforms through the numerous forks happening on the system. Bitcoin Cash is one such example out of a half dozen other companies to spring off on their own and taking thousands of Bitcoin users with them. As for the newest listing to divert off Bitcoin’s main blockchain and startup is BitcoinReal or BTCr – said to be the one chain to include all the requested features that Bitcoin does not – the newest member of the Bitcoin’s offspring.
About BitcoinReal (BTCr)
The new BitcoinReal (BTCr) network includes functionality not seen in any fork to date. One of which is called Proof of Influence Consensus, in which a user can share their hash with others for rewards. Proof of Stake is still there along with the Slasher Algorithm which reduces the cost of energy to run the system and keep it safe. More technical additions include a Masternode system with enhanced InstaSend Security.
Proof of Work keeps out the insanely powerful centralized ASIC mining farms. One of the other exciting additions is the Proof of Reputation, a gamechanger that will give users the ability to improve mining operations by way of stopping hashrate fluctuations. Lastly is the Proof of Loyalty consensus for merchants who accept the currency and then get rewards for doing so.
There are more features than those listed above, namely in the speed and reliability of transactions. Numbers are also more significant, hence the ability for the network to handle incredibly high volumes of exchanges at one time with superior protection. Block time happens in only 6 seconds with a 128 MB block size. BitcoinReal is even more protected against crypto jacking and cyber-attacks, better so than nearly any other cryptocurrency on the market. One of the last noteworthy mentions on the network is advanced AI and machine learning, specifically in the way of ddAI that will help to protect against attacks while learning the behavior performed by cybercriminals to protect the system in the future better.
What do you think of the new cryptocurrency BitcoinReal? Tell us your opinion and any disadvantages of the system you know about in the comment section below.