Bit Hotspot (BTH) is a new type of cryptocurrency forked from Bitcoin at block height 498848. Original Bitcoin users can distribute BTH at a ratio of 1:100 according to the number of Bitcoins they hold.
As the fourth forked currency of Bitcoin, through the improvement of the original Bitcoin network through lightning network, zero-knowledge proof and other technologies, the number of transactions per second of BTH is 160 times that of Bitcoin, which effectively solves the problem of block The problem of block chain transaction congestion has made the decentralized payment network more efficient, safer and more reliable, and lower cost, so it is affectionately called "Four Lords of Coin" by many believers.
From the beginning of its birth, BTH has been committed to creating digital gold and continuously enriching its ecology. It is the first currency among forked coins to create its own public chain. Based on the basic platform of the BTH distributed chain network system, any team can quickly develop on-demand side chains, sub-chains or DApps (distributed applications), and ordinary people can also experience the cutting-edge scientific and technological achievements brought by the blockchain without threshold .
The mission of BTH is to make blockchain technology closer to people's lives.

Project Vision

Bit Hotspot (BTH) At the beginning of BTH's birth, it was committed to creating digital gold and continuously enriching its ecology. At the same time, it was committed to establishing a global blockchain public chain system. By solving the problems of low performance, poor security, high development difficulty and excessive reliance on handling fees of existing blockchain applications, based on BTH, any team can quickly develop on-demand side chains, sub-chains or DApps (distributed application program), the general public can experience the latest technology brought by the blockchain without threshold.

Application scenario

1. Multiple trust subjects: blockchain is a trust machine, and the application environment is best if there is no natural trust relationship between them, and trust needs to be built through blockchain. Conversely, if the two parties have a strong trust relationship, or have a sound system guarantee, the necessity of using the blockchain is not great.
2. Multi-party collaboration: If there are many collaborators in this scenario and the cost of reconciliation is high, the smart contract built on the shared ledger at the bottom of the blockchain can reduce the cost of reconciliation, thereby improving efficiency.
3. Medium and low-frequency transactions: The current concurrency and scalability of the blockchain are not enough to apply to large-scale high-frequency transactions, such as stock exchanges.
4. Complete business logic: There must be a complete business logic between blockchain nodes to form a win-win situation, so that participants have the motivation to use the entire blockchain.

Technical Overview

After several years of development, Bithotspot not only has multilingual smart contracts, pluggable consensus algorithms, multiple privacy protection, cross-chain operations and other infrastructure output capabilities; it also improves transaction performance and data processing capabilities , Rich development components and other aspects have both technical innovation advantages. It not only meets the many business demands of the industry blockchain network (identity, data, privacy, authority, supervision, etc.), but also supports the public needs of the public blockchain network (decentralization, incentive mechanism, IoT value transfer).

How to get BitHot

Every Bitcoin owner can distribute BitHot at a ratio of 1:100 after BitHot is successfully forked. You can obtain BitHotSpot separately by backing up the private key of the Bitcoin wallet to the BitHotSpot wallet, or a simpler and more convenient way is to recharge Bitcoin to an exchange that supports BitHotSpot, and receive the corresponding amount of BitHotSpot on the exchange.

*The above content is organized by YouToCoin official. If reprinted, please indicate the source.