Bitcoin Top
26
Dec

Bitcoin Top – Block: 501118

About

Bitcoin TOP (BTT) is a fork of Bitcoin that occurs at the predetermined height of block 501118 and therewith a new chain will be generated as the BTT. Bitcoin TOP 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 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 cryptocurrency was created which we call “Bitcoin TOP”.

The total amount of BTT is 21 million. No more increase. 17 million BTT, 1BTC : 1BTT will be presented to the Bitcoin holders for the long-term Bitcoin ECOSYSTEM support. The rest 4 million will be automatically transferred into the community rewards pool as tributes and mining.

After nine years of rapid development, high transactions fees and Bitcoin no longer meets the demands from rising numbers of clients. And various kinds of problems have arisen, which mainly consist of the following aspects:
1. Lack of privacy protection.
2. Slow transaction confirmations.
3. High threshold for new members.

Bitcoin TOP has already been supported by 33 exchanges (including Binance, OKEX, Huobi.Pro and Bit-Z) and 6 wallets (including BitGo, Bitpie, Coldlar and ATOKEN). The ultimate goal of Bitcoin TOP is to become “better than better bitcoin”, which does not have the problems like “Lack of privacy protection”, “Slow transaction confirmations” and “High threshold for new members”. It will provide better solutions to financial companies worldwide.

This plan (Jan 2018 ~ 2018 Q4) is generated by Bitcoin TOP Community, based on the communication with the BTT development teams UFO.

Hard-fork info

   
Name Bitcoin Top (BTT)
Block height 501118
Hard-fork date 2017/12/26
Ratio to BTC 1:1
Official Website https://bitcointop.org/

Bitcoin vs Bitcoin Top

  Bitcoin Bitcoin Top
Max. Supply 21 Million 21 Million
Distribution Mining Mining, Claiming
Mining Algorithm SHA256 SHA256
Blocktime 10 min. 10 min.
Max. Blocksize 1MB 8MB
Difficulty Adj. 2 Weeks 2 Weeks
Established since 2009 December 2017

Exchanges

Not tradeable yet

How to claim

Use our Step by Step guide to claim your coins!

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