Recalibrated And Enhanced For Flawless Transactions BitcoinX is the new revolutionized version of bitcoin. It is much faster and has enhanced features to bitcoin debit cards the world of cryptocurrency.
We provide security, freedom and independence to all people through blockchain technology to create a flourishing, decentralized world. Fully customizable solutions for businesses and individuals. Everyone can pick and choose what they want or need. With every new technology we build, we seek to make cryptocurrency an user-friendly envoirment.
Stronger Node BitcoinX supports multiple connections than many altcoins which makes BitcoinX a unique and better cryptocurrency. BitcoinX is a implementation of the Zerocoin Protocol along with Proof of stake technology , which allows users to have complete privacy via Zero- Knowledge cryptographic proofs. It is worth noting that BitcoinX is unrelated to other cryptocurrencies utilizing the BitcoinX Protocol. BitcoinX is a project to fix a major weakness in Bitcoin: the lack of privacy guarantees we take for granted in using credit cards and cash. Our goal is to build a cryptocurrency where your neighbors, friends and enemies can’t see what you bought or for how much.
Bitcoin protocol that allowed users to mix their own coin. A collaboration between the the original BitcoinX project members and cryptographers at MIT, The Technion, and Tel Aviv University, has produced a far more efficient protocol that allows for direct private payments to otherusers of hidden value. For disambiguation, we refer to this new protocol as Zerocash. Governance: Our goal for the BitcoinX Governance system is to involve the community.
We’ve got a long way to get there, but soon we expect to be making huge initial steps. This process will take a long time, and we call it Community Designed Governance. Community Designed Governance’ system that dramatically expands and help to reach to the community. History of BitcoinX BitcoinX is first and foremost a globally distributed blockchain that addresses its community as its leading members. BitcoinX has been our first project to launch on september 2017 unlike other version of BitcoinX which has no correlation with us. Transactions as Proof of Stake Each transaction on the network may optionally include the hash of a recent block.
If this is done, the signer of the transaction can be confident that their transaction may not be applied to any blockchain that does not include that block. What makes BitcoinX and the old Bitcoin different from previous approaches: BitcoinX operates in the Bitcoin network and is implemented as a series of extensions to the existing Bitcoin protocol. Moreover, since no single trusted party operates the BitcoinX system, attacks on BitcoinX must take on a substantial fraction of the Bitcoin network. The BitcoinX protocol uses provably secure cryptographic techniques to ensure that BitcoinX cannot be traced.