Micro Bitcoin (MBC) is a decentralized P2P payment platform for micro-economy. MBC is a fork coin from the Bitcoin (BTC) blockchain, designed to be a fast, flexible and acceptable payment method for transactions between peers, traditional businesses, and customers.

Project Vision

Satoshi Nakamoto's original plan for creating Bitcoin was to provide a decentralized payment system that was not controlled by any central fiat-rendering organization. However, due to issues of scalability, slow transaction times, and high transaction costs, Bitcoin has found limited applications for micropayments.

To realize this original vision, we designed MicroBitcoin to be 10,000 times the total supply of Bitcoin at lower unit prices. However, in order to reflect this faster transaction speed, many difficulties must be faced, including lower fees and higher mining rewards. Thanks to great contributors around the world such as South Korea, the United States, and Ukraine, we now have speed, transaction fees, and reward policies, and the coin has been developed. In addition, we implemented the new encryption algorithm LWMA-3 on a global scale for the first time, thus completing a token that can be used in the microeconomy with comprehensive security.

However, due to unexpected exponential growth in the number of users and technological advancements, there will always be a risk that threatens MicroBitcoin. We want to leave this task to the open source economy as everyone's homework. Since the concept of money does not belong to anyone, we want MicroBitcoin to be the concept of new money. This shows that no one can claim the creator's authorization, which must be the new payment method for all participants who own and will contribute.

Project Ecosystem

1. Protocol
The core of the MicroBitcoin (MBC) protocol enables MBC to be sent between peers in a truly decentralized manner.

2. Interface
From CLI to API, the layer used by applications to connect and utilize the MicroBitcoin (MBC) protocol.

3. Applications
Software that enables end users to conduct MicroBitcoin (MBC) transactions between peers in a decentralized manner.

4. Services
Entities that provide services to end users using applications that use the MicroBitcoin (MBC) protocol for transactions.