Fast
SwiftTX payments confirm in a second thanks to Masternodes.
Decentralized
Anybody with a computer can stake to earn money and contribute to running the blockchain.
Low fees
Send money globally for less than a cent.
Scalable
As of now, maximum transactions per second roughly 40 times more than Bitcoin.
Economical
Bitcoin 2 uses the latest thoroughly tested Proof of Stake algorithm. Greatly reducing electricity use compared to Bitcoin.Comparison Chart
Bitcoin 2
Bitcoin
Bitcoin Cash
Dash
Maximum Supply
21 million
21 million
21 million
18.9 million
Algorithm
Quark PoS
SHA256 PoW
SHA256 PoW
X11 PoW
Block Interval
1 minute
10 minutes
10 minutes
2.5 minutes
Max TX/day
~20 million
~0.5 million
~16 million
~4 million
Privacy
Yes, Zerocoin
No
No
PrivateSend - Has privacy issues
Instant TX
Yes
No
No
Yes
Budget Tax
No
No
No
10% of block rewards
In-wallet BIP38 Encryption
Yes (private key)
No
No
No
Premine
No
No
No
Yes, 2 million Dash
Bitcoin 2 Core Wallets
Mac
Coming soon.
Frequently Asked Questions
Sending the old Bitcoins can be more expensive than wire transfers and slow compared to other crypto currencies. The transactions are also trackable. With all the fighting about what to implement going on, major improvements to Bitcoin come slowly if at all.
Thus Bitcoin 2 had to be born. Bitcoin 2 solves those problems and is also fast enough to be accepted as a payment method by retail shops and grocery stores due to the SwiftTX feature.
Thus Bitcoin 2 had to be born. Bitcoin 2 solves those problems and is also fast enough to be accepted as a payment method by retail shops and grocery stores due to the SwiftTX feature.
Yes, a Bitcoin transaction is not valid in the Bitcoin 2 blockchain and vice versa due to the differences
between the transaction formats and the blockchains.
If you owned Bitcoins on block number 507850, ~February 5 2018 and your Bitcoins were not at an exchange, then just download and install the Bitcoin 2 Core Wallet.
You can then either import your Bitcoin private keys (Click tools -> debug console. Type: importprivkey your private key -> press enter) or copy your Bitcoin wallet.dat file (might not be compatible) to where the Bitcoin 2 Core Wallet is installed in order to claim your Bitcoin 2s.
If you are worried about the safety of doing so, you can: First move your BTC to a new address, then use the private key from the "old" address (which now has 0 BTC and thus cannot be stolen) to claim your BTC2.
If your Bitcoins were at blockchain.info, see this tutorial on how to get private keys from blockchain.info.
If your Bitcoins were at an exchange, then ask your exchange to list Bitcoin 2 and credit you the balance.
Let it fully sync in order to see your BTC2 balance. Tools - Information should report more than 60000 blocks.
Only download the Bitcoin 2 Core wallet from this website or from the github of Bitcoin 2.
You can then either import your Bitcoin private keys (Click tools -> debug console. Type: importprivkey your private key -> press enter) or copy your Bitcoin wallet.dat file (might not be compatible) to where the Bitcoin 2 Core Wallet is installed in order to claim your Bitcoin 2s.
If you are worried about the safety of doing so, you can: First move your BTC to a new address, then use the private key from the "old" address (which now has 0 BTC and thus cannot be stolen) to claim your BTC2.
If your Bitcoins were at blockchain.info, see this tutorial on how to get private keys from blockchain.info.
If your Bitcoins were at an exchange, then ask your exchange to list Bitcoin 2 and credit you the balance.
Let it fully sync in order to see your BTC2 balance. Tools - Information should report more than 60000 blocks.
Only download the Bitcoin 2 Core wallet from this website or from the github of Bitcoin 2.
Just download and install the Bitcoin 2 Core Wallet and import your Bitcoin 2s there. Then all you have to do is keep the application running.
Everybody using the Bitcoin 2 Core wallet or leaving it on helps run the blockchain all the while earning Bitcoin 2s.
A staker who creates a valid block gets rewarded 0.6 Bitcoin 2s until the maximum supply has been reached. The staker also gets the transaction fees for that block.
The more Bitcoin 2s you have in your Bitcoin 2 wallet, the higher the chances that you will be the one to get the block reward. Only a minority of the coins in circulation are being staked at any given time so you do not need to own a lot of Bitcoin 2s to be able to get block rewards.
A staker who creates a valid block gets rewarded 0.6 Bitcoin 2s until the maximum supply has been reached. The staker also gets the transaction fees for that block.
The more Bitcoin 2s you have in your Bitcoin 2 wallet, the higher the chances that you will be the one to get the block reward. Only a minority of the coins in circulation are being staked at any given time so you do not need to own a lot of Bitcoin 2s to be able to get block rewards.
No more than Bitcoin. The number of Bitcoin 2s in circulation will only increase by about 2% per year until the maximum number is reached.
The number of Bitcoin 2s in circulation will never increase beyond 21 million, making Bitcoin 2 a much better store of value than any fiat currency.
At the current rate, in 10 years there will be almost double the amount of US dollars in circulation! This is why investing in gold or Bitcoin is so popular.
The number of Bitcoin 2s in circulation will never increase beyond 21 million, making Bitcoin 2 a much better store of value than any fiat currency.
At the current rate, in 10 years there will be almost double the amount of US dollars in circulation! This is why investing in gold or Bitcoin is so popular.
zBTC2 is the anonymous version of Bitcoin 2 that uses the Zerocoin protocol. You can convert your BTC2 to zBTC2 or vice versa in the wallet.
Note that right now you can only stake BTC2, not zBTC2 (the anonymous coins). Support for staking zBTC2 is in development.
Read more about zBTC2 and the Bitcoin 2 Zerocoin Protocol
Note that right now you can only stake BTC2, not zBTC2 (the anonymous coins). Support for staking zBTC2 is in development.
Read more about zBTC2 and the Bitcoin 2 Zerocoin Protocol
Bitcoin2 Core developers alongside with any new contributors will work on: Mobile wallets for Bitcoin 2, an in-wallet Decentralized Exchange and continue to implement any further important advances in cryptocurrency technology such as the Dandelion Protocol.
Anyone interested in developing Bitcoin 2 further can contribute to the Bitcoin 2 github.
Anyone interested in developing Bitcoin 2 further can contribute to the Bitcoin 2 github.
It works just like the "InstantSend" feature in Dash. When a user chooses to send a transaction as a SwiftTX, the transaction will be sent to Masternodes to process and it gets verified and guaranteed by them almost instantly.
Thus there is no need to wait for the transaction to appear in a confirmed block. This type of payment is made for Point of Sale situations in the real world.
Thus there is no need to wait for the transaction to appear in a confirmed block. This type of payment is made for Point of Sale situations in the real world.
They process and guarantee the SwiftTX transactions along with adding to the security of the network.
The Masternode at the head of the queue gets rewarded 0.2 Bitcoin 2s on every newly created block (25% of the total block reward), regardless of who created the block. They will also be an integral part of the in-wallet decentralized exchange and they will get the exchange fees.
Most of them also get included as seed nodes after they have been online long enough. Seed nodes are the first nodes that new wallets connect to in order to find peers.
The Masternode at the head of the queue gets rewarded 0.2 Bitcoin 2s on every newly created block (25% of the total block reward), regardless of who created the block. They will also be an integral part of the in-wallet decentralized exchange and they will get the exchange fees.
Most of them also get included as seed nodes after they have been online long enough. Seed nodes are the first nodes that new wallets connect to in order to find peers.
You will need to have 1000 Bitcoin 2s as collateral and run a VPS or a dedicated server with a static IP address. You can Read more about running a Masternode for Bitcoin 2 here.
Just download the newest .zip/tar.gz file and copy the executable files in the bin folder to replace the ones you had installed already.
Bitcoin 2 will be represented by a few different ticker symbols depending on the service. BTC2 is the recommended ticker. BCT is the alternative ticker that is used to meet the International Standard for currency codes (ISO 4217).