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Introduction of biticoin whitepaper
1. INTRODUCTION OF BIT-I-COIN PLATFORM :
Transaction Code : BTI
Algorithm : SHA256
Blockchain : POW/POS
BTI Max Supply: 27.000.000 BTI
BTI ICO Supply : 7.000.000 BTI
Block Space : 2 minutes
Block Reward : 50 BTI
Open Source
What is Bitcoin?
Bitcoin is a peer-to-peer electronic cash system. It is a consensus network that enables a new type of
payment method and a completely digital form of money. It is the first decentralized peer-to-peer
payment network that is powered by its users with no central authority or middlemen. From a user
perspective, Bitcoin is perhaps best described as ‘cash for the Internet’.
Who invented Bitcoin?
Bitcoin‘s inventor, Satoshi Nakamoto, outlined what Bitcoin is in the original 2009 Bitcoin
whitepaper—a document which created the roadmap for Bitcoin. To date, this is still the most simple
and accurate description.
Bitcoin is also known as digital cash, cryptocurrency, an international payment network, the internet
of money—but whatever you call it, Bitcoin is a revolution that is changing the way people think
about and use money.
Why Bitcoin?
2. The beauty of Bitcoin is that it requires no central servers or third-party clearing houses to settle
transactions – all payments are peer-to-peer (P2P) and are settled in about 10 minutes – unlike credit
card payments, which can take weeks or months before they’re finally settled.
All Bitcoin transactions are recorded permanently on a distributed ledger called the “blockchain” –
this ledger is shared between all full Bitcoin “miners” and “nodes” around the world, and is publicly-
viewable. These miners and nodes verify transactions and keep the network secure. For the electricity
they use to do this, miners are rewarded with new bitcoins with each 10-minute block (the reward is
currently 12.5 BTC per block).
The Bitcoin protocol is also hard-limited to 21 million bitcoins, meaning that no more than that can
ever be created. This means that no central bank, individual or government can come along and
simply ‘print’ more bitcoins when it suits them. In this sense Bitcoin is a deflationary currency, and
as such is likely to grow in value based on this property alone.
Bitcoin is still a cutting-edge experiment in technology and economics, and like the worldwide web
in 1995, its myriad potential, purposes and applications are yet to be decided. Is it just electronic
money? A foundation for smart contracts and electronic shares? Is it underground and subversive,
challenging the power of governments, or will it integrate into mainstream finance and go unnoticed?
If you know the answers to any of these questions, or if you can figure out how to capitalize on them
there may be many lucrative opportunities for you in the Bitcoin space.
3. Introduce New Digital Cryptocurrency Coin From Bitcoin Platform
BITICOIN
Bit-I-Coin is a cryptocurrency generated from bitcoin code hatching aimed at developers to develop
blockchain technology for creative economic in asia particularly and the digital cryptocurrency world
in general.
Bit-I-Coin (BTI) is a token based on SHA256 blockchain platform and inherits technologies and
advantages of Blockchain technologies
Bit-I-Coin Projects Goal is Create a Welfare of the World People Through Educated Crypto
Community With All in One Transactions in a Fair Governance System.
The Bit-I-Coin platform makes transaction safer with blockchain and faster . Bit-I-Coin holders can
trade or bet asset tokens on the BIT-I-COIN platform and manage their portfolio. It gives a transaction
4. function, access to credible asset data stored on blockchain and portfolio analysis tools on the BIT-I-
COIN platform.
The core of Bit-I-coin are BTI trading bot. We will research to integrate Blockchain technology to
create a bot which increase their revenue automatically on the coin exchange floors such as: bitfinex,
bittrex,poloniex,Hitbtc.With the Blockchain technology combined with artificial intelligence
technology, a perfect tradecoin software will be born and become smarter.With the usual trade bot ,it
only analyse on chart. But BTI trading bot can bring remarkable and exactly result. BTI AI will not
stop learning from the chart many coin exchange floors,automatically scan all the information on
social networks like twitter,bitcointalk,facebook then combined with chart to make the most accurate
predictions about the future price fluctuation of a digital currency.So the profit can reach 40% /month
in 2018 and higher in 2019.
BTI aims to bring a passive income to every participant without any financial risks.
We use BTI token for fundraising from potential investors. From this move, we aim to build a strong
community of participants, thus bring wealth to everyone thanks to an attractive, safe, and innovative
lending policy.
BTI provides a simple, fast, secure means of payments with high liquidity. Most importantly, it is
risk-free and anonymous.
5. ROADMAP
Jan- Desember 2017 : Token building, Blockchain , Premine coin,
January 2018 - February 2018 : Marketing campaign,Target one million member and
$100/BTI
1 February 2018 – 15 march 2018 : Initial Coin Offering (ICO).
March 2018 : Opening office & Announce official version of Biticoin trading Bot.
March 2018 : Windows/Mac wallet launch.
March 2018 : iOS/Android wallet lauch.
April 2018 :BitIcoin internal exchange, $10->$100/coin is targeted. Lending program started
with 40%/month profit lending.
May 2018 Soft launching & Press Conference
June 2018 Education Center
July 2018 Mining Platform
August 2018 : List on Coin Directory - Coinmarketcap / Trading on trade exchanges
(Coinexchange.io, Cex.io , livecoin).
September 2018 : E-commerce Platform, 500 listed Merchant
October 2018 Multicurrency Trading Platform
November 2018 Multicurrency Mining Platform
December 2018: Research and develop Biticoin blockchain
December 2018 : $250/coin price is targeted.
6. Token Sales CAMPAIGN :
27 million token in total, 7 million token issued at the ICO.
The starting date for the ICO is 1/02/2018 and divided into 6 periods of ICO with 750.000
token/week.
Starting price of the first day during Pra_ICO is 0.2 $/token.