Title: Bitcoin Oil - The New Bitcoin Fork from Switzerland Post by: BitcoinOil on August 09, 2019, 11:17:11 AM Bitcoin Oil (BTCO) is a new cryptocurrency based on the original Bitcoin blockchain technology which will be launched in 2019. The implementation of BTCO hard fork will create the most technologically advanced version of Bitcoin.
Our Solution Our solution will resolve Bitcoin’s innovation backlog and create a truly groundbreaking Bitcoin based blockchain technology. In this sense, it is very important to understand that Bitcoin Oil – unlike Bitcoin – will not have to follow the lengthy and protracted BIP procedures which make rapid change almost impossible. Contrary to that inhibitor of innovation, Bitcoin Oil has straight forward agreements in place with some of the largest blockchain and Bitcoin development companies in the world, which will be commissioned by us to build Bitcoin's 2019 BTCO fork and all subsequent improvements thereof. Hard Fork Forking an identical copy of today’s Bitcoin (BTC) Adding various BTC’s long-pending BIPs Including several more proprietary improvements Launching the most advanced Bitcoin version Distributing BTCO coins to all BTC coin holders Stability Massive reduction of market price volatility Creating market price stability mechanisms Implementing an economy of incentives Rewarding coin holders, stakers, participants - Generating constant passive income streams Generating constant passive income streams Sustainability Replacing BTC's PoW by BTCO's PoS algorithm Eliminating Bitcoin's insane energy consumption Ensuring a clean and environmentally friendly conscience Establishing independence from electricity supply Developing very competitive transaction fees Privacy Realizing anonymization strategies to protect privacy Preventing tracing and ascertaining of sender's IP addresses Enhancing on-chain privacy for senders and recipients Increasing competitiveness by adding confidential transactions Advancing tools such as Schnorr signatures, MAST, etc. Smart Sidechains Building innovative duplex micropayment channels Enabling ICOs and STOs on our Bitcoin-based blockchain Facilitating incentivized and enforced execution of smart contracts Representing decentralized autonomous applications worldwide Integrating numerous other platforms with a 2-way peg Scalability Featuring layer 2 protocols and off-chain computations Boosting the amount of possible network transactions Altering transaction size and frequency limitations Amplifying throughput without placing extra demand Researching further scalability solutions like sharding Our Advantages The implementation of the BTCO hard fork will create the technologically most advanced version of Bitcoin. The centerpiece of BTCO and its "Optimally Improved Ledger" (OIL) will be the highly innovative "SSPSS" strategy (Stability – Sustainability – Privacy – Smart Sidechains – Scalability) focusing on the development of superior Bitcoin improvements. All innovations will be implemented by world-leading developers, creating huge opportunities and enormous potential for all BTCO participants and the entire Bitcoin community. Our forthcoming 2019 hard fork has many advantages and will implement a whole range of long overdue Bitcoin improvements based on our “Optimally Improved Ledger” (OIL) technology. Online Contacts: • Website: http://www.BitcoinOil.com (http://www.BitcoinOil.com) • Telegram: https://t.me/Bitcoinoil (https://t.me/Bitcoinoil) • LinkedIn: http://www.linkedin.com/company/bitcoinoil (http://www.linkedin.com/company/bitcoinoil) • Twitter: https://twitter.com/BitcoinOilLLC (https://twitter.com/BitcoinOilLLC) |