Thanks Im loading up! ignore the bashers they are looking for cheaper eBTC price so they bash it down. ... the lower the amount of coins totally avail the higher she will MOON!!!! imo 21 million coins! KABOOOOOM!!! when the bull market hits!
https://medium.com/@eBTCFoundation/a-crypto-revolution-begins-567a34400f27eBTC LLC
eBitcoin (eBTC): A community-focused; centrally managed; multi-platform batch transfer cross-border payment solution.
Aug 13
A Crypto-Revolution Begins
eBitcoin began as a dream by a developer, operating under the pseudo-name Satoshi21, who envisioned creating a tokenized version of Bitcoin on Ethereum long before code-poachers swarmed the crypto space and the current era of endlessly inspired e-Tokens. Considering evolving legal changes within the crypto-landscape, Satoshi21 chose to airdrop 98% of the 21 million tokens to the newly instituted eBTC community free-of-charge — rather than perform an ICO.
Shortly after Satoshi21 launched the eBitcoin (eBTC) platform as “a tokenized version of Bitcoin on Ethereum” on 01 October 2017, a security audit of the contract-code revealed a vulnerability in the platform enabling a “quantitative easing” capability (Tool of Federal Reserves..)— aka unlimited supply creation — which contradicted the core economic competency behind a “Bitcoin on Ethereum” as a store of value as well as an approach to reducing high-volume transaction costs. In traditional executive-departure style, Satoshi21 took full responsibility and freely turned the platform over to the community of volunteers supporting the eBTC project, who banded together to freely-donate the funds required to upgrade and maintain the platform’s code.
Immediately after discovering the vulnerability, those community volunteers who freely supported the eBTC project determined the only solution was to deploy an upgraded contract. The volunteer community strategically re-branded themselves the “Volunteers of eBitcoin” and in keeping with the non-ICO spirit, a complete 1:1 swap was conducted to all token-holders on 30 October 2017. The Volunteers of eBitcoin not only corrected the vulnerability, but they also included a 254x1 batch-transfer payment processing capability to the smart contract (patent pending), creating a cost-effective way to manage batch withdrawals for any Ethereum based token when Ethereum itself cannot perform batch-transfer functions; only eBTC.
eBitcoin Evolution
The Volunteers of eBitcoin strategically pursued building industry relationships and partnerships as well as marketing initiatives that would minimize long-term costs and advance eBitcoin’s (eBTC) position globally as a payment process-of-choice — during a period of widespread crypto-regulatory uncertainty. The Volunteers of eBitcoin succeeded and reached an operational threshold that required an evolution in structure to maintain pace with stakeholder relations, legal changes, and relative growth. On 22 May 2018, the Volunteers of eBitcoin freely-released ownership of its media accounts and platform to the control of eBTC LLC, a registered US entity, with the management structure and liquidity to enable the platform to pivot and maintain legal compliance while developing new proprietary technology that simplifies and secures the entire payment process in everyday transacting for tokenholders, businesses, governments, and financial institutions.
eBTC LLC Develops & Delivers
eBTC LLC immediately filed all legal protections to stop malicious entities from infringing on our unique platform code, logos, names, and proprietary processes in every country in which core services will operate. eBTC LLC funded the development of a Community-Verified Forum with proprietary decentralized applications only available to token-holders & Eco-System Members — meant to enable a community-driven focus in aligning the development of products and services.
eBTC LLC refined the eBTC Eco-System’s mission and purpose, rebuilding it from the foundation up with not just core services that incubate and cost-mitigate exposure to start-ups or re-positioning block-chain/Fin-Tech companies but also provide community-managed administration for admittance of applicant partners/affiliates. In eBTC’s Community-Driven Eco-System, affiliates and revenue sharing partners alike benefit from a controlled-forum where consumers and companies can develop and foster new technologies, processes, and ideas that will advance the global crypto-revolution. eBTC’s Eco-System not only crowd-sources capabilities, but enables projects and teams as well as businesses to thrive. The end-product of our collaborative effort is the development of block-chain technologies geared towards outcomes that achieve a globally adopted platform for transacting anything, anywhere.
Solidifying eBTC LLC’s reputation as a trusted payment processor platform, eBTC LLC immediately enabled software escrow offerings to facilitate a risk-free environment for potential Eco-System applicants to test, grow, and refine partner/affiliate core-competencies while further mitigating their development costs. Software-Escrow agreements enable us to safely license our technology and ensure that the cost-benefits of the technologies we offer are always available to our partners and vice versa with no downtime.
As eBTC LLC continues to develop products and services that create cost-superior incentives for using its platforms over competitors, it still maintains a core commitment to minimizing the environmental impact of transacting electronically across the world. In fulfilling this commitment, we have designed proprietary processes that will minimize energy requirements to operate while boosting the demand for our tokens and platforms to “multiversal” heights.
The Gap in Crypto-Thought
Is Bitcoin an asset? When is it not? Should assets replace currency? What did I even just say?…In the recent rhetoric from every perspective on “crypto”, one can get lost on what currency even is much less how a digital token existing on computers could even replace it as a store of value. Why even answer that question — lets go Rick & Morty level: Has the value of currency exceeded it’s worth?…
More importantly, if we can agree above all the centuries of financial product patchwork and the tools of central monetary authorities that there is a real need to evolve transacting, then we are about to mind-blow a new perception on 21st century crypto-economics: that currency was only meant to facilitate transacting things of tangibility; not be an inherent store of value unto itself — and now we can re-institute discipline in economics because eBTC LLC will give us a way to transact anything transact-able, anywhere, instantly, cost-effectively via one full-spectrum solution 🙌🏻. #eBTC4Life
Moreover, by evolving from a crypto-communistic collective coin to a hybridized approach implementing a central management authority supporting a decentralized community, we have the best of all worlds: the ability to enable eBTC payment processing anywhere, at any time.
Forbes recently reported that “half of all ICO startups fail after four months” (Forbes, 2018). eBTC LLC is happy to report that we are nearing our first complete year in operation and we aren’t going anywhere but up. In the crypto-swath of endless knock-off tokens enabling various spin-offs of the same thing, eBitcoin continues to set itself apart as the first-ever Bitcoin-inspired, fork-resistant, Ethereum-enabled utility platform and store of value mechanism backed by a managed company actively developing products, relationships, and services to meet end-user needs.
eBitcoin’s old Whitepaper detailed how Nakamoto’s vision of enabling trustless micropayments was becoming more of a challenge within the Bitcoin ecosystem as higher transaction costs make practicality mute in transacting small denominations of token (regardless of whether for trading or purchases) — You might be “spending” a long time in Starbucks while the transaction fee is pushed from merchant to you — while you pay all the tax…
Native eBTC Token-Holder Apps
eBTC LLC wants its token-holders and businesses to have access to native products that simplify and secure the entire transacting process; end-to-end. To accomplish this task, we started development of Web/iOS/Android/Linux digital wallets, as well as a native hard wallet — all with buy/sell back-end integrated features.
eBTC LLC is in the process of securing patent protections on a proprietary process that will enable direct currency entry-and-exit points to eBTC, globally, for all its verified token-holders — cheaper than traditional funding mechanisms like Coinbase, etc., while simplifying identity & reputation management procedures.
eBTC LLC is nearing completion of its Verified Token-holder portal that will enable participating community members the ability to shape, direct, and influence the direction of projects as well as determine Eco-System applicant acceptance or revocation utilizing our recently finished Consensus Dapp. eBitcoin’s path forward continues to streamline social action through community participation to achieve its global objectives.
Where You Fit-In
eBTC acts as responsible-stewards to its community of token-holders by developing the capabilities and resources that bring value to its platforms. You are always the core of what eBTC LLC does and the company’s developments solely focus on creating an adaptive, intuitive, and simplified crypto-experience for you as you transact your daily life.
On behalf of the eBTC Community and eBTC LLC, we would like to take this opportunity to invite you to connect with us and share how you are helping make block-chain and the crypto-sphere a safer and simpler place to transact and how we can work together;
contact@ebtc.global.
Twitter:
https://twitter.com/eBTCfoundationTelegram Community:
https://t.me/ComTrustTelegram Announcements:
https://t.me/eBTCLLCTelegram Russian:
https://t.me/ebtcoinFacebook:
https://www.facebook.com/eBTCLife/Instagram:
https://www.instagram.com/ebtcllc/GitHub:
https://github.com/eBTCCommunityTrustToken Give eBTC LLC a round of applause.
eBitcoin (eBTC): A community-focused; centrally managed; multi-platform batch transfer cross-border payment solution.
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