BITCOIN 2.0 : FAST PAYMENT SYSTEM INTEGRATED WITH ADVERTISING CREDIT FOR INDEPENDENT MEDIA
INTRODUCTION
The emergence of blockchain technology has brought about so many disruptive innovations in different areas of human endeavors. First in human history, we now see cross-border financial transactions being settled in hours and sometimes minutes or even seconds unlike the conventional payment system that take days. Other areas such as medicine, agriculture, entertainment and so on, have also felt the impact of this amazing technology. However, the potential of this technology is yet to be fully harnessed as we are yet to see mainstream adoption of cryptocurrency whereby access to and use of cryptocurrency will be safe, seamless, and preferable to fiat currency. Therefore, there is still a problem that require urgent solution.
THE PROBLEM
There are quite several problems hindering the adoption of cryptocurrency. Notable among them are:
- Complex and Requiring High Technicality: Cryptocurrency as we have it today seems to be exclusively reserved for the tech-savvy guys. This is a major problem facing cryptocurrency
- Security: While blockchain technology offers additional security, there are still issues of security breaches in many cryptocurrency platforms. This is a source of concern for individuals and institutions and have deterred people from opting for cryptocurrency.
- Scalability: Most of the blockchains that are scalable, such as Ripple, Tron and EOS are centralized, and this makes them vulnerable to attack. Conversely, popular decentralized blockchains such as Bitcoin and Ethereum are rarely scalable, hence, they are unable to handle many transactions at the same time and become overloaded when too many people switch over to them, resulting in longer waiting time for payment confirmations.
- High Transaction Fees and Fast Transaction Speed: The transaction fees of many blockchain infrastructure are not just encouraging. For instance, many infrastructure charges as high as over 1% for simple transaction. In addition, the transaction speed is another bottleneck of many cryptocurrency and this is a major obstacle to smooth transaction.
THE BITCOIN 2.0 (XBTC2) SOLUTION
Bitcoin 2.0 saw the need to make cryptocurrency accessible, convenient, and attractive to people while ensuring that security is in place to protect all users. This is what birthed the idea of the Bitcoin 2.0 project. Bitcoin 2.0 aims to bring about mainstream adoption of cryptocurrency by developing a faster and more efficient cryptocurrency ecosystem. The Core considerations in Bitcoin 2.0 design is simplicity, speed, beauty, and security.
Nevertheless, Bitcoin 2.0 is backed by advertising credit to aid in fight against the mainstream media who are brutal in their reporting as well as implementing censorship that is killing freedom of speech.
We shall explore the Bitcoin 2.0 to see what it is bringing to the industry.
FEATURES AND UTILITY OF THE BITCOIN 2.0
Let us see some of the unique features of Bitcoin 2.0 (XBTC2)
- Reduce Risk of Loss of Assets: It is always painful when you have to lose your coins because you forgot your password or private key. With Bitcoin 2.0, this problem is reduced as there is a specialized mechanism deployed by Bitcoin 2.0 to help users recover their assets when they forget their secret data. The record has it that about 13% of Bitcoin have been lost. This does not go well with the confidence of people in this amazing technology. Hence, Bitcoin 2.0 is here to solve that problem.
- Fast and Cheap Transaction: Bitcoin 2.0 is built on the Etherium blockchain and is way fasters than Bitcoin. Besides being faster than Bitcoin, transactions in Bitcoin 2.0 is cheaper.
- Merchant payment gateway integration: Bitcoin 2.0 is developed with to be easily integrated into merchant payment system. Below is a workflow showing of how this will be possible.
WHY YOU CHOULD BUY BITCOIN 2.0 (XBTC2)
From the ongoing discussion, it is obvious Bitcoin 2.0 (XBTC2) present a better alternative to Bitcoin and it is my projection that the price of this coin will soar when the world become fully aware of this raw gold. To further confirm this, remember Bitcoin 2.0 will enthrone freedom of speech, a move targeted at checking the excesses of mainstream media.
There is a total supply of 200 million XBTC2 with 25% allocated for sell, 25% allocated for their independent media partners, 10% for the staff administrators, 12.5% for advisors and founding investors and the remaining allocated for charity, Bitcoin and Bitcoin 2.0 foundations, world solution foundation, institutional hedge fund.
What is key here is that a major part of the coin was not allocated to any single entitle hence, there will be no chances of dumping or price manipulation. Besides, there are various vesting programs that will be implemented to protect the price of the coin.
WHERE TO BUY BITCOIN 2.0 (XBTC2)
To purchase and hold this rare gem, kindly proceed to Azbit or Coinsbit exchange.
CONCLUSION
It is wise to always look out for the product behind every cryptocurrency project as this is what will create the demand. Bitcoin 2.0 is unveiling a unique product that will set the pace for greater penetration of cryptocurrency. This will surely be a project to pay close attention to and the coin is worth holding in your portfolio.
For more information, follow any of the links below:
Website: https://bitcoin20.org/