Currently there are 793 active BTCT nodes
What Is Bitcoin Token?
Bitcoin Token (BTCT) is an eco-friendly digital currency. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network.
There is no central control over the currency. Bitcoin Token is open source, community driven, decentralized. Developers are all volunteers. The Bitcoin Token community and developers are working towards mass-adoption of the use of the currency in real-life. From encouraging local busineses to accept Bitcoin Token as a method of payment to the entry level person sharing Bitcoin Token with a friend. Share money, wire money, or just send a gift to a friend, BTCT will make this possible!
Fast Transactions
Bitcoin Token (BTCT) can be transferred in less than 3 seconds making it a fast alternative to Bitcoin (BTC) in which transactions require 10 minutes for confirmation! The original Bitcoin is now thought of as the gold standard for digital currencies. Bitcoin Token is a solution now for smaller faster transactions, with lower fees. It is intended for real-life solutions and transactions.
Low Fees and Deflationary!
Currently, the fee to send a $25 Bitcoin transaction, e.g. to pay for a decent meal, is around $0.42. The same transaction paid with Bitcoin Token would cost less than $0.01. i.e. Almost free! BTCT is also deflationary. After the 3 years mining period, each transaction will burn 0.0001 of the supply.
Energy Efficient
Bitcoin Token is eco-friendly.
Unlike Bitcoin, which requires traditional mining equipment that uses an exorbitant amount of energy, Bitcoin Token requires very little energy to maintain its network. It's our estimate that the energy needed to run our entire network is only in the thousands per year, where Bitcoin (BTC) uses the same amount of energy per annum as the entire country of Switzerland!
Decentralized Team
Bitcoin Token (BTCT) is a globally distributed decentralized digital currency with no central ruling company. No headquarters, CEOs, or CFOs. BTCT is maintained by the community.