Bitcoin Plus is referred to as XBC for short. Bitcoinplus runs on a p2p network. The company and development team of the xbc virtual currency project have no ability to change this network. Unless all participants in the network agree to change xbc currency, bitcoinplus is not controlled by businesses. It is an autonomous p2p network organization, and it is necessary to achieve a 1/4 consensus in the community to maintain a global consensus network.

Project Introduction

BitcoinPlus [XBC] is a proof of stake cryptocurrency. 60 second block time for fast transactions with no known scaling issues. XBC comes with real-time checkpointing. Real-time checkpointing is an important security update against reverse spending attacks. In order to increase the security of the exchange, the checkpoint depth setting function will also be compiled on the server seed node. A lot of BitcoinPlus' codebase owes its credit to Bitcoin, the original open source project maintained by many volunteer developers. Many altcoins, including BitcoinPlus, share most or parts of their codebase with Bitcoin. Most cryptocurrencies including BitcoinPlus can be traded on the exchange against Bitcoin and some other leading coins.

Project Features

Modern and efficient wallet
XBC is an alternative cryptocurrency with a modern and efficient working wallet. Designed for the average person on the street.

Segregated Witness
BitcoinPlus version 2.7.0 released - XBC is based on Bitcoin Core.

Trading on Many Exchanges
BitcoinPlus can be traded on many exchanges. Currently including FatBTC, Graviex NovaExchange and FreiExchange.

20% annual inflation
20% of the number of XBC coins "minted" each year. This means that if there are currently 100,000 coins, there will be approximately 120,000 coins in 1 year's time. Minted coins are distributed via Proof of Stake.

BitcoinPlus - XBC uses the TOR network. This always hides the user's IP address, ensuring complete anonymity.

BitcoinPlus is now fully Proof of Stake (Pos). Until the 400,000th block, it was a hybrid coin as Proof of Work (PoW) was also an option. The reward for PoW is set at zero in BitcoinPlus. Add it only when needed to help secure the network. The PoS inflation rate is set at 20%. This means that in a 1-year period, the total supply of XBC will grow by around 20%. These minted coins are distributed equally among XBC wallets. The PoW portion of the XBC network is set to receive 0% of these coins, while the PoS portion of the XBC network is set to receive 100% of these coins. After block 400,000, BitcoinPlus PoW was shut down. Initially, the BitcoinPlusPoW reward is set to zero. The option to use PoW in XBC is only in this case in case the network stalls due to PoS. For example, if there is no coin available for a while, then anyone can mine coins through PoW to move the network until the coin can be used for PoS again. PoW is just a backup.

Related links:
http://www.bitcoinplus.org/
https://info.binance.com/cn/currencies/bitcoin-plus
https ://bitcointalk.org/index.php?topic=1066201
https://www.bitcoinplus.org/blog/proof-stake-explained