A new hard fork in BITCOIN network: BITCOIN-X will appear by the end of this year to bring users instant transactions and absolute anonymity
Blockchain professionals have been doing their best to provide the emergence of a new hard fork in the network of the most popular cryptocurrency around the world. By the end of 2017 the BITCOIN community will have an access to the ideal BITCOIN-X.
Will it truly be so ideal?
Just count the advantages and compare with previous hard forks and classy version:
The existing algorithm is improved. This will speed up transactions, optimize BTCX network and make the system resistant against different sorts of attacks.
The speed of block mining increased to 2.5 min.
Block Size Limit increased to 4 MB.
Each user will have a unique address format.
Transactions have the protection against replay.
The complexity of mining every new block will be increasing.
Some other important functions and improvements are indicated in the roadmap and currently are in the stage of implementation. These include:
21 mln coins. will be emitted in the moment of hard fork. Each owner of BITCOIN will receive BITCOIN-X on their wallets in proportion 1 BTC = 1 BTCX. So don’t forget to withdraw your BITCOINS from third party resources in advance.
Bitcoin-X will provide absolute anonymity of transactions and even network overloads won’t make users wait for confirmation of their transactions for hours or even days. BITCOIN-X will definitely be better than previous versions!
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