Bitcoin Silver: The true blockchain of trust, ethics and valueDesigned to provide a valuable, reliable and faster network with continuous development for our users needs.
Executive SummaryBitcoin Silver (BTCS) is a cutting-edge commodity digital asset blockchain designed to provide a
valuable, reliable, and faster network with continuous development to meet our users' needs. With a
maximum supply of 21.47 million tokens, BTCS aims to enhance and improve upon the original
Bitcoin (BTC) framework while maintaining its core philosophy.
IntroductionBitcoin Silver (BTCS) is an evolution of the Bitcoin model, incorporating advanced technological
features and enhanced security measures. BTCS utilizes a Proof of Work (PoW) consensus
mechanism with a SHA256 algorithm, ensuring robust security and decentralization. Our mission is
to make accessible for investors the way value can be preserved and enhanced through blockchain
technology, building a community-driven, transparent, and trustworthy platform.
Blockchain SpecificationsCore Specifications
• Layer 1 Blockchain: Provides the fundamental framework for decentralized transactions.
• Auditable Open-Source Protocol: Ensures transparency and trust within the community.
• SHA256 Algorithm: A proven and secure cryptographic hash function.
• Maximum Supply: 21.47 million BTCS tokens.
• Initial Security Fund (ISF): 470,000 BTCS reserved against hard attacks.
• Circulating Supply: 599,050 BTCS tokens.
• Mining Supply: 21 million BTCS to be mined under secure and worldwide accessible criteria.
Security and Consensus
• Proof of Work with Variable Difficulty: Mitigates the risk of dishonest actors.
• Self-Adjusted Difficulty: Adjusts every 96 blocks for consistent block generation.
• Block Expiration: 200 blocks to optimize network security and efficiency.
• Halving Scheme: Every 210,000 blocks (similar to Bitcoin) to control inflation.
Performance and Scalability
• Speed: 5-minute (300 seconds) block time, faster than Bitcoin's 10-minute block time.
• Layer 2 Scalability: Lightning Network proposal in the roadmap to enhance transaction scalability.
Philosophy and Compliance
• Defender of Bitcoin Philosophy: Enhances Bitcoin's core principles with reliable anti-scam and
anti-dumping measures.
• AML Policies: Adherence to Anti-Money Laundering policies to ensure transparency and trust (on
agenda).
Value PropositionsCommodity and Reserve/Store of Value
BTCS is designed as a reliable commodity and long-term exchangeable reserve of value, improving
upon the Bitcoin philosophy with enhanced security measures.
Focus on Innovation and User Needs
BTCS is dedicated to bringing more value and innovation to the cryptocurrency ecosystem,
continually improving our blockchain capabilities to meet users' needs.
Long-Term Investor Interests
Our top priority is the interests of long-term investors, ensuring stability and growth for BTCS.
The Core of the ProjectMissionOur mission is to revolutionize the way value is preserved and enhanced through blockchain
technology. We aim to build a community-driven, transparent, and trustworthy platform that provides
a secure and sustainable reserve of value for the long term. By leveraging cutting-edge technology
and fostering a cooperative environment, we strive to empower individuals and organizations to
achieve financial sovereignty and stability.
VisionWe envision a world where financial security and growth are accessible to everyone. Our blockchain
platform aspires to set a new standard for how value is stored and appreciated over time,
transcending traditional financial systems. We see a future where our community thrives on
collaboration, innovation, and trust, leading to a more equitable and prosperous global economy.
ValuesTrustworthinessTrust is the cornerstone of our platform. We are committed to maintaining the highest standards of
security and reliability, ensuring that our users can depend on us to safeguard their assets and data
with uncompromising integrity.
TransparencyTransparency is at the heart of our operations. We believe that openness and accountability are
essential to building a strong, resilient community. Our platform is designed to be fully transparent,
with every transaction and process visible to our users, fostering an environment of mutual trust and
understanding.
Community-DrivenWe are powered by our community. Every decision and development is made with the input and
participation of our users. We value the collective wisdom and creativity of our community,
recognizing that together, we can achieve far more than we ever could alone.
InnovationInnovation drives our progress. We are dedicated to constantly exploring new technologies and
methodologies to improve our platform and offer cutting-edge solutions to our users. Our
commitment to innovation ensures that we remain at the forefront of the blockchain industry,
providing unparalleled value and opportunities.
SustainabilityLong-term thinking guides our approach. We aim to create a platform that not only meets the needs
of today but also secures the prosperity of future generations. Our sustainable practices ensure that
our growth is responsible and beneficial for the entire ecosystem.
EmpowermentEmpowering our users is our goal. We provide the tools, resources, and knowledge needed for
individuals and organizations to take control of their financial futures. By fostering an environment of
learning and support, we help our community members realize their full potential.
Use Cases for Bitcoin SilverStore of ValueBitcoin Silver is aimed to become "digital silver" due to its limited supply and its use as a hedge
against inflation. Our proposal us to give Bitcoin Silver to preserve wealth over time, similar to how
they invest in precious metals like.
Digital CurrencyBitcoin Silver can be used as a medium of exchange to buy goods and services, both online and
offline, thus considering Bitcoin Silver as a form of payment, ranging from small businesses to
large corporations.
RemittancesBitcoin Silver can be used for international money transfers, allowing individuals to send money
across borders quickly and at lower costs compared to traditional banking systems. This is
particularly useful for people in countries with limited access to banking services.
Decentralized Finance (DeFi)Bitcoin Silver can be integrated into DeFi platforms to provide decentralized financial services such
as lending, borrowing, and earning interest on Bitcoin holdings. This enables users to access
financial services without relying on traditional banks.
InvestmentMany people may look at Bitcoin Silver as an investment, hoping to benefit from its potential price
appreciation.
MicrotransactionsBitcoin Silver enables microtransactions, allowing for the transfer of very small amounts of value.
This can be useful for tipping content creators, paying for small digital goods, or making low-cost
online transactions.
Charity and DonationsBitcoin Silver can be used for charitable donations, allowing donors to contribute to causes globally
without the need for intermediaries. Charities can receive funds quickly and transparently.
Smart Contracts and Layer 2 SolutionsWith the development of Layer 2 solutions like the Lightning Network, Bitcoin Silver can facilitate
faster and cheaper transactions. Additionally, some platforms are exploring ways to use Bitcoin
Silver in smart contracts, extending its functionality beyond simple transactions.
Cross-Border TradeBusinesses engaged in international trade can use Bitcoin Silver to settle transactions, avoiding the
complexities and costs associated with currency conversion and international banking fees.
Private TransactionsBitcoin Silver offers a level of pseudonymity that can provide privacy for users. While not
completely anonymous, Bitcoin Silver transactions do not require personal information, which can
protect user privacy compared to traditional financial transactions.
Alternative BankingIn regions with unstable or underdeveloped banking systems, Bitcoin Silver can serve as an
alternative form of banking. People can use Bitcoin Silver to store and transfer value securely
without needing a bank account.
Tokenization and NFTsBitcoin Silver can be used as a base for creating tokens and non-fungible tokens (NFTs) on its
blockchain or on platforms that integrate with Bitcoin Silver, allowing for the representation of real-
world assets and digital collectibles.
PayrollCompanies can pay employees in Bitcoin Silver, which can be beneficial for remote workers and
employees in different countries, simplifying the payroll process and reducing transaction fees.
Gaming
Bitcoin Silver can be integrated into online games as a form of in-game currency, allowing players
to earn, spend, and trade Bitcoin Silver within virtual environments.
Escrow ServicesBitcoin Silver can be used in escrow services for secure transactions, where the Bitcoin silver is
held in escrow until the terms of the agreement are met by both parties, ensuring trust in peer-to-
peer transactions.
ConclusionBitcoin Silver (BTCS) is a forward-thinking commodity digital asset that builds on the strengths of
Bitcoin while addressing its limitations. With enhanced security features, a commitment to
transparency, and a focus on long-term value, BTCS aims to be a leading digital asset in the evolving
cryptocurrency landscape. Join us in building a brighter, more secure future for everyone.
For more information, please visit our website at
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