Bitcoin Origin is the world's first penta-crypto-currency plug with a clear purpose to enable a comfortable block connection in the real world. The Bitcoin Origin project will create and improve the functionality of the existing PoW crypto currency.
Bitcoin Origin will improve the overall utility, functionality, scalability and lack of privacy embedded in PoW encryption, and provide non-server Blockchain as a service project for the corporate sector.
The improved token function is complemented by the Ambassador Consensus Proof Mechanism, which rewards the coinholder with a return that exceeds this fund in traditional mining operations.
Bitcoin owners, Bitkoynskih cash, Ethereum, Litecoin and Dash will be awarded a proportional amount of Bitcoin Origin. At the fork point, all US dollar values will be blocked for each of the five PoW branching coins, and this value will be used to determine the quality of the coins given to the existing owner in proportion.
Why a fork?
Bitcoin Origin is a private fund funded by self-financing, and decides not to do ICO. The lack of ICO to launch a product causes problems with token distribution.
Bitcoin Origin decides to honestly and impartially distribute tokens to a wider community of cryptographic objects. With this in mind, Bitcoin Origin pursues the idea of multicolor fork as the best solution.
What is a bitlock now?
At the altitude of a particular block, the Bitcoin Origin command simultaneously will divide the distributed books (DLT) in proportion to the US Dollar (USD) value for its original stock.
The team will make a series of Smart Contracts, tied to the exact value of the dollar of each coin during the fork. This Smart Contract will distribute new origin Bitoken markers to white owners of 5 PoW coins proportionately.
Blockchain - Innovation Blockchain as a service (BaaS).
Multilingual Engine.
Bitcoin Origin is considered a multi-state machine (MSE). The multi-state mechanism does not facilitate a pair of state / block chains, but allows multiple pairs of state / block chains. The addition of this double status allows economic abstraction by validators. Allow usage of each token initially to pay fees, contracts and transactions. Adding multi-state will also provide horizontal scalability, though not the point where we see it as a complete shadow solution.
Multi-Layer Blockchain.
Bitcoin Origin implements a multi-level approach with block chains. At root, we have Bitcoin Origin root. The purpose of the root chain is intended only to facilitate inter-chain communication. Above the chain root is another multipurpose chain. Another multi-purpose chain is a deployment target designed to be used for a specific purpose to facilitate customizable customizable token functionality. Not all chains require the same functional addition, which creates additional costs. Bitcoin Origin markets specialized networks for dedicated services. The interactions will be abstracted from the user's perspective, while the underlying technology will determine the flow of the process.
Ethereum Token Bridge.
Bitcoin Origin has developed the Ethereum bridge bridge, which allows to convert Ethereum markers into their own tokens in the multi-user Bitcoin Origin machine.
Transaction Delivery Network (TDN).
Bitcoin Origin recognizes network latency and propagation as the main high-scalability constraint for chain-based solutions. Bitcoin Origin proposes a layer under our block chain, which acts as a highly available transaction and blocks memory.
Butnodes will facilitate this particular function and become the main source of decentralized transactions and blocks. Normal P2P propagation can occur after this interaction, but this node will be slower in principle.
Serverless Blockchain.
Bitcoin Origin has developed a built-in block-chain implementation, called Multichain. The ERC20 router is a list of accounts and balances included in EVM. Transactions for the transfer or purchase of this token are supported by the Ethereum block chain, the transaction fee paid to ETH, and the intellectual contract is done in VM Ethereum, paid through air use.
Blockchain Corporate Solutions as a service - Blockchain space has many innovative achievements that allow you to transact in space in an economical way. Currently, one of the biggest problems is transaction costs when using one of the existing local chain blocks, which makes it impossible.
Bitcoin Origin will provide fixed price services, which companies can use Bitcoin Origin infrastructre and payments for Blockchain environmentally less secure transactions as a service.
Marketing.
The marketing strategy will also include the following strategies :
- Interest in the first fork in the world.
- A greener task for the miners.
- User involvement technical nodes for network protection.
- PoW Profitability and Comparison Calculator.
- Absence of ICO - Self financing, Lack of token made by. Economic Token.
- Block the chain as a service.
- Enterprise applications.
- Product introduction in the real world.
Bitcoin Origin will be launched and managed by those who know Crypto Fans. Several interdisciplinary teams have been created to meet the needs of the Bitcoin Origin ecosystem, from customer technical support, infrastructure development and maintenance, marketing to human resources, PR and finance.
Bitcoin Origin will have a profit fund with oversight capabilities and the ability to facilitate the development of new products to stimulate innovation and ensure long-term survival.
The Bitcoin Origin Foundation is registered in Anguilla in conjunction with a new law designed to regulate ICO and crypto competitiveness in general. The registration process provides regulatory certainty for this project a significant advantage in the unregulated crypto currency sector.
The base of bitcoin origin will be entrusted :
- Management and payment of charitable donations.
- Ensure financing of seeds for crypto-incubator.
- Serves as an intermediary in the new cryptology.
- Blocking and initial technology
- Grow the bitkoynov-sources community as a whole
Other portions of the allocated coins will fund the terms for the operating requirements of a subsidiary of Bitcoin Origin Holding Company, as well as finance the further obligations of Bitcoin Origin.
Token.
Token distribution.
Bitcoin Origin is implementing a royalty distribution system that will allow anyone (to ensure compliance with minimum bid requirements) the opportunity to participate in Bitcoin Origin Network. About 15% of Bitcoin Origin's total supply will be provided to participants for the year that is distributed proportionally each month.
5% of the fee assigned to the validator. The remaining 95% is part of the reward for bitcoin distribution. 95% is distributed evenly to all participants who have the fewest bitcinin sources, except for the exchange.
For more information about ICO and Token from Bitcoin Origin, you can look directly at the links below :
https://www.bitcoinorigin.io/pdf/BitcoinOrigin-PositionPaper.pdf
Roadmap.
Jan - Jun 2017.
- Mining problems arise due to the use of "dirty" power, centralization of mining resources, and reduced profitability in PoW * Mining Industry - Bitcoin Origin's idea was born.
- Gathering the Bitcoin Foreign Team - Developer, Designer, General Manager, Project Manager, PR Staff, Support * * Staff Agent and Call Agent.
- Extraordinary Paper Completed.
- Proof of concept for POA infrastructure.
- Proof of concept for Multichain Applications.
- Website Completed.
- Whitepaper finished.
- Guaranteed Partnership for Full Security Audit.
- Community Development.
- Customer Support Team Setup.
- Infrastructure Completed and upgraded for Bitcoin Origin Launch.
- Bounty Promotion Settings.
- Get ready for the ERC20 token launch to multiple exchanges.
- Double complete code audit on Bitcoin Origin completed (Independent and in-house).
- Testnet Launch.
- Full node.
- The wallet is full.
- Lite Wallet.
- Mobile Wallet.
- Claim Tool.
- Bitcoin Origin Fund started working on Crypto Based Projects.
- Mainnet Launch.
- Bitcoin Origin Conference.
- Increased scalability.
- Bitcoin The origin of a nonprofit began assessing the project.
- Bitcoin Origin Education Fund started working on the education platform.
- Personal.
- Community Development Funding Platform - Allows communities to submit and fund improvement protocols.
- ICO Community Funding Platform.
- Founder.
The team from Bitcoin Origin.
Founder of Bitcoin Origin Project.
Development Team.
Marketing Team.
Advisory Team.
For all the latest development information from the Bitcoin Origin project, you can directly see the links below :
WEBSITE : https://www.bitcoinorigin.io/
FACEBOOK : https://www.facebook.com/BitcoinOriginHQ/
TWITTER : https://twitter.com/BitcoinOriginHQ
TELEGRAM : https://t.me/BitcoinOriginHQ
ANN THREAD : https://bitcointalk.org/index.php?topic=3716485.0
Author by : 9emb3lelit3
My ETH : 0xc711eD0747EF2408CF9e2316b5A2fb3D71A92ec0
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