The world’s largest hedge and arbitrage fund,the
Richfund (Rfund)will collaborate with
Bitcoin World Foundation Team to fork the Bitcoin block chain at block height
499777 and create
Bitcoin World (BTW) on
Dec 19th, 2017.The creation of Bitcoin brings the concept of block chain into investor’s view. However, as the Bitcoin price has been pushed higher and higher, Bitcoin has become rich people and institutional investors’ instrument rather than normal investors’Bitcoin. Such a high price of Bitcoin violates the original intention of Satoshi to create Bitcoin.
We believe the real Bitcoin should meet the following requirements:1.The network should not be as congested as it is now, the transaction fee should not be so high and It should provide a better experience to the users.
2.The total amount of 21 million Bitcoin are definitely not enough to meet the demand of such huge market. As a result, there is a serious imbalance between demand and supply of Bitcoin. Prices for Bitcoin have
gone through the roof which is hard to be accepted by most new investors.
3.As a global hedging tool, Bitcoin belongs to the investors around the world. Every investor should be able to afford Bitcoin. By reducing the user’s unit cost of participation and threshold.
it will allow more investors to involve in Bitcoin trading and resolve the contradiction between Bitcoin demand and supply.
4.The investment and transaction of Bitcoin should be faster, smarter, safer and more private. Therefore, it will change the whole transaction environment which will become much safer and the privacy of participants can be protected.
5.Bitcoin should incorporate zero-knowledge proof and compatible with smart contract. Therefore, it will build a network to achieve real-time
and mass transactions do not need mutual trust. It embodies the characteristics of Bitcoin decentralized and trustless.
In conclusion. Richfund collaborating with Bitcoin World Foundation Team decided to carry out and implement
Bitcoin World (BTW), a new hard fork coin of Bitcoin. Bitcoin World (BTW) will adopt
GPU consensus mining algorithm, total supply of
210 billion, according to the ratio of
1:10000 distribute to the Bitcoin holders. Besides, the block chain will be expanding from
1M to 8M .Truly realize that everyone can participate in Bitcoin transaction.
BitcoinWorld (BTW) Official Website:
btw.one 
