Bitcoin Pay

Bitcoin Pay – Block: 499345


Bitcoin Pay is a fork of Bitcoin that occurs at the predetermined height of block499345 and therewith a new chain will be generated as the BTP Bitcoin Pay miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and enhance the protection for account transfer and privacy based on original features of BTC. This will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. It shares the same transaction history with Bitcoin until it starts branching and coming into a unique block from which it diverges. As a result of this process, a new was created which we call “Bitcoin Pay”.The purpose of creation of United Bitcoin is to establish a smart credit currency system with smart contracts that can widely serve the society, based on the credit of zombie Bitcoins. United Bitcoin’s credit is 100% based on Bitcoin with addition of credit foundation from several other high quality blockchains, and its gene is 100% inherited from Bitcoin. With the extensibility of smart contracts, the practical application value of United Bitcoin will be greatly enhanced. Bitcoin Pay is a super joint credit carrier with the target of establishing a powerful global network of smart value collaboration under the joint credit of Bitcoin and multiple other digital currencies. It is still Bitcoin, but exceeds Bitcoin.

Hard-fork info

Name Bitcoin Pay (BTP)
Block height 499345
Hard-fork date 2017/12/15
Ratio to BTC 1:10
Official Website

Bitcoin vs Bitcoin Pay

  Bitcoin Bitcoin Pay
Max. Supply 21 Million 2.1 Billion
Distribution Mining Mining, Claiming
Mining Algorithm SHA256 CPU
Blocktime 10 min. ???
Max. Blocksize 1MB 8MB
Difficulty Adj. 2 Weeks Every block
Established since 2009 December 2017


Not tradable at the moment

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