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BitCore

BTX

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Market

Market stats

Market cap

$797,577.48

Volume (24h)

$111.65

Circulating supply

18.1M BTX

All time high

$48.42

Price change (1h)

-0.15%

Price change (24h)

-2.66%

Price change (7d)

+1.32%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

About BitCore

What Is BitCore (BTX)?

BitCore (BTX) is a cryptocurrency that is a UTXO fork of Bitcoin (BTC). The BitCore ecosystem being a hybrid fork of Bitcoin, wants to improve and resolve existing problems of the Bitcoin blockchain. UTXO refers to an amount of unspent digital currency left after making a cryptocurrency transaction. The BitCore platform aims to leverage the cutting-edge source code and technology of Bitcoin to create a new blockchain with shorter block times and higher scalability.

BitCore utilizes a proof-of-work (PoW) consensus mechanism while employing all the BIPs (Bitcoin Improvement Proposals) for a future-proof Bitcoin version. The BitCore project offers decentralization and user-empowerment components such as the following: The website states BitCore uses a MEGA-BTX consensus algorithm, an ASIC (application-specific integrated circuit) resistant algorithm. This algorithm boosts community participation while standing against centralization effects in mining. The Bloom filter application of BitCore allows for a reduced storage size to run a full blockchain node. Bloom filters are known to speed up synchronization of SPV (simplified Payment Verification) or light wallets for empowering new user participation for BitCore. BitCore has deployed SegWit to help make its blockchain faster than Bitcoin. The website states that the platform has 10 MB SegWit-based blocks to enable the network to handle 48 million transactions per day.

BTX is the native token of the BitCore network and has 16.2 million BTXs pre-mined by the platform. The platform token is distributed in the following ways: 

  1. One-to-One Claiming: In the first phase of BitCore, the project allowed Bitcoin to exchange to BitCore at a 1:1 ratio. This way, BitCore was able to distribute 590,000 BTXs.

  2. Hybrid Fork: If BitCore addresses whose corresponding addresses on Bitcoin hold 0.01 BTC, then the platform fills them with 50% in BTX. The funding ratio is 0.5 BTX to 1.0 BTC. This way, BitCore distributed about 8 million BTXs from 16.2 million.

  3. Airdrop: 90% of the remaining BTXs are distributed to the community via airdrops. 10% is saved for the future development of BitCore.

History of BitCore (BTX)

According to the website, Chris and Jon are the founders of BitCore and launched the platform on April 24, 2017. BitCore held the one-to-one claiming event with Bitcoin from April 2017 to November 2, 2017.

The BTX token has a maximum supply of 21 million tokens.

News

Decrypt • Nov 29, 23

'District 9' Director's Avalanche Shooter 'Off the Grid' Launches Mobile Game Amid Subnet Rollout

In an exclusive interview, Gunzilla Games CEO Vlad Korolev shares the latest plans for Off the Grid and its many crypto integrations.

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BeInCrypto • Nov 29, 23

Cardano (ADA) Price Closes Six Bullish Weeks – Can It Go for Seven?

The Cardano (ADA) price trend is considered bullish unless a close below $0.35 occurs.The post Cardano (ADA) Price Closes Six Bullish Weeks – Can It Go for Seven? appeared first on BeInCrypto.

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News Article Image

DL News • Nov 29, 23

Bitcoin rises on rate hopes as traders ditch crypto ‘drama of 2022′

Crypto prices rose across the board as the dollar fell and investors became hopeful about interest rate cuts.

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CoinDesk • Nov 29, 23

Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.

Read more

News Article Image

CoinDesk • Nov 29, 23

Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi

Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024.

Read more

News Article Image

CoinDesk • Nov 29, 23

Republic to List Profit-Sharing Digital Security Token on INX Next Week

The token will be accessible to retail investors who don’t usually have the opportunity to invest in private companies without large checks and accreditation.

Read more

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USDT-USDC

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1 USDT equals 1.0002 USDC

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Coinbase Bytes

Coinbase Bytes

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BitCore is on the rise this week.

The price of BitCore has risen by 1.32% in the past 7 days. The price declined by 2.66% in the last 24 hours. In just the past hour, the price shrunk by 0.15%. The current price is $0.0440 per BTX. BitCore is 99.91% below the all time high of $48.42.

The current circulating supply is 18,116,535.731 BTX.

FAQ

What is the current price of BitCore?

We update our BitCore to USD currency in real-time. Get the live price of BitCore on Coinbase.

What is the market cap of BitCore?

The current market cap of BitCore is $797.58K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of BitCore?

The all-time high of BitCore is $48.42. This all-time high is highest price paid for BitCore since it was launched.

What is the 24 hour trading volume of BitCore?

Over the last 24 hours, the trading volume of BitCore is $111.65.

What other assets are similar to BitCore?

Assets that have a similar market cap to BitCore include ADAMANT Messenger, Nabox, Tokoin, and many others. To see a full list, see our comparable market cap assets.

How many BitCore are there?

The current circulating supply of BitCore is 18 million.

Can I buy BitCore on Coinbase?

No, BitCore is not currently available on Coinbase, but you can sign up to get the latest news on BitCore and be notified when it gets added to our exchange.

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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.