[ANN] BitcoinToken(BTK)De-centralized. Open Source.comunity

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[ANN] BitcoinToken(BTK)De-centralized. Open Source.comunity

Postby Cordillerabit » Wed Feb 28, 2018 2:16 am

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Website: https://btk.community
Telegram: https://t.me/joinchat/HLlnQw9SOw6HzYIehZOCMw
Twitter: http://www.twitter.com/bitcoin_token
Reddit: https://www.reddit.com/r/BitcoinToken/

TECHNICAL DATA

Token Name: BitcoinToken
Token Symbol: BTK
Token Decimal: 18
Tokens in Circulation: 10,000,000,000
Contract Address: 0xdb8646f5b487b5dd979fac618350e85018f557d4
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(Note: This announcement is an abbreviation of our official whitepaper: https://btk.community/bitcointoken-whitepaper.pdf )

BitcoinToken is a de-centralized Currency on blockchain technology. Open Source. Community run and maintained. It is a currency ultimately owned by the people who posses it, a financial system owned by individuals not a large entity.

BitcoinToken is not an ICO but a radical step towards repeating and improving the legacy of the original Bitcoin in creating a de-centralized currency, by the people for the people. Unlike other cryptocurrency ventures that seeks to sell all or almost their entire tokens during their ICO, BitcoinToken is designed to be majorly distributed as awards to adopters for maintenance and continual improvement of the project. The remaining large portion of tokens are to be airdropped freely. This again is another attempt to start a movement of a crypto community that can not be controlled by major donors or financial investors but each person of the community adds the value to the currency. Instead of nodes it is people. Instead of business decisions, it is a passionate individuals adopting a new way of thinking and transferring money through blockchain technology.

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OUR VISION

One ailment of the crypto-currency world is over technicality and confusing jargon. We believe that blockchain technology can be delivered to a larger user-base with simplicity, and less confusion. BitcoinToken is striving to be one of the leaders in adoption for everyday use of digital currency. We intend to simplify and bring the powerful peer to peer ledger system into the hands of every day people who will utilize it everyday transactions. Our vision to accomplish this is to put the community and people first. We regularly speak of ourselves as a community currency and enjoy the simple comments and interactions of new users to blockchain technology. We allow them to dictate how we should make things easier and more effective for their use. We also are community run and desire to set the framework of an open source system where this currency will perpetuate with the community in control not a large investor or any larger centralized entity. We desire for BTK to remain and continue as a decentralized currency for the people.


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OBJECTIVES

Technology Upgrades
BitcoinToken is to provide a stable cryptocurrency that will be trusted and adopted. We are currently utilizing the Ethereum blockchain as we have started an ERC20 token under their system. Our circulation of tokens is 10 billion with a decimal point of 18 and our contract address is: 0xdb8646f5b487b5dd979fac618350e85018f557d4. The Ethereum platform is trusted and utilized by very large companies and is a very forward thinking blockchain. We have discussed amongst developers the need to continue to evaluate the long-term durability of the ETH blockchain and if we need to start our own blockchain. So we have not closed the door to this possibility depending on the adoption rate of BitcoinToken and it’s scalability issues.



Usability
BitcoinToken will make blockchain technology less daunting for the end user and give people renewed confidence in this pioneering way of transferring funds through a peer to peer digital network. From our custom applications to partnerships with like-minded teams, we are seeking to make this technology as user-friendly as possible.


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a) Decentralized
Many ERC20 tokens starting are used by businesses that are centralized entities. The original vision of blockchain technology is to operate in a way that is peer to peer and not a part of any centralized hub. The genius of this technology is that it runs and works apart from the control of any one individual. Whether utilizing the ETH blockchain or starting our own. The goal will be to ensure a de-centralized model is maintained.

b) Open Source
In keeping with the spirit of many projects in the crypto world we desire to be open source with everything that is developed. From Wallet Apps to any E-commerce applications. Everything will be open source or released onto Github after initial development This will allow for further innovation and for anyone to take part in improving BitcoinToken.

c) No Large Pre-Mine
We are disseminating the currency in a way that will not allow for whales or large investors of a certain extend to own the currency at the beginning. This gives an equal fair share for investors of all types. Being a token and not a mineable currency we are ensuring wide distribution in varying amounts.

d) Large Airdrop
Airdropping of token currencies is a fad right now as a PR stunt for many new tokens starting. We are looking to airdrop not just part of the currency but the lion-share to a large-user base. This will set us apart from many of the tokens starting that are essentially doing a small airdrop to boost recognition of their branding. We estimate as much as 70-80% will be airdropped being the other 20-30% is used for bounties, investor funding and rewards (not payment) for initial development work done for BitcoinToken.

e) Simplicity
A question asked over and over again in this project is “can it be done more simply.” The complexity of many systems that utilize bitcoin technology narrow the field of usability. BitcoinToken strives to be unique amongst digital currencies to keep things simple, user-friendly and even fun to use.


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JOINING WITH #BTK

Join us! Be a part of crypto-currency history and enjoy the benefits for yourself. Our currency is available at a variety of exchanges, but our recommended avenue for investors is the Token Store (a safe trust-less decentralized exchange) that we have partnered with initially and will continue in that relationship. We welcome your questions and ideas, we are here to serve you: talk@btk.community

[sup]DISCLAIMER

Please note that this document is not a prospectus. It was constituted for informational purposes only, in order to present BitcoinToken products. Be aware that no purchase is necessary. You are free to take part in the project or not. It is your responsibility to review the existing laws in your country before buying BitcoinToken. You must read, understand and accept the terms of this document https://btk.community/bitcointoken-whitepaper.pdf before involving yourself in the project.[/sup]
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