Bitcoin 2
05
Feb

Bitcoin 2 – Block: 507850

About

Sending the old Bitcoins can be more expensive than wire transfers and slow compared to other crypto currencies. The transactions are also trackable. With all the fighting about what to implement going on, major improvements to Bitcoin come slowly if at all. Thus Bitcoin 2 had to be born. Bitcoin 2 solves those problems and is also fast enough to be accepted as a payment method by retail shops and grocery stores due to the SwiftTX feature.

If you owned Bitcoins on block number 507850, ~February 6 and your Bitcoins were not at an exchange, then just download and install the Bitcoin 2 Core Wallet.

If you are worried about the safety of doing so, you can: First move your BTC to a new address, then use the private key from the “old” address (which now has 0 BTC and thus cannot be stolen) to claim your BTC2.

If your Bitcoins were at an exchange, then ask your exchange to list Bitcoin 2 and credit you the balance.

Everybody using the Bitcoin 2 Core wallet or leaving it on helps run the blockchain all the while earning Bitcoin 2s.

A staker who creates a valid block gets rewarded 0.6 Bitcoin 2s until the maximum supply has been reached. The staker also gets the transaction fees for that block.

The more Bitcoin 2s you have in your Bitcoin 2 wallet, the higher the chances that you will be the one to get the block reward. Only a minority of the coins in circulation are being staked at any given time so you do not need to own a lot of Bitcoin 2s to be able to get block rewards.

Hard-fork info

   
Name Bitcoin 2 (BTO)
Block height 507850
Hard-fork date 2018/02/05
Ratio to BTC 1:1
Official Website https://www.bitc2.org/

Bitcoin vs Bitcoin 2

  Bitcoin Bitcoin 2
Max. Supply 21 Million 21 Million
Distribution Mining Mining, Claiming
Mining Algorithm SHA256 Quark PoS
Blocktime 10 min. 1 min.
Max. Blocksize 1MB ???
Difficulty Adj. 2 Weeks ???
Established since 2009 February 2018

Exchanges

Not tradeable yet

How to claim

Use our Step by Step guide to claim your coins!

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