Bitcoin Hotspot BTH fork height is determined and candy will be distributed

December 11th news: BTH (Bitcoin Hot) US Silicon Valley anonymous team announced that the BTH fork height is determined to be 498848, and the hard fork will start around December 12, 2017. And there will be a candy distribution.

BTH is a new chain born from the fork of Bitcoin at block height 498848. According to the official website, BTH will be endowed with new features that are superior to BTC (smart contracts, lightning networks, BTHASH algorithms, zero-knowledge proofs, quantum resistance and other mechanisms), achieving greater value for the Bitcoin network, making the BTH network more efficient, fast, reliable and low-cost to use, returning to the essence of Bitcoin decentralization, and thus creating a Bitcoin network that is truly suitable for the future society.
BTH (Bitcoin Hot) is expected to fork at the height of 498848 blocks, when the address holding Bitcoin will receive the corresponding amount of BTH at the ratio of 1BTC=100BTH. Total amount: 2,121,000,000, that is, BTC is magnified 100 times, pre-mining: 21,000,000, that is, 1% of the total amount (used for BTH fund to support BTH's ecological construction and later development), average block time after fork: 1 minute, that is, 1/10 of BTC, output after fork: 125/block, difficulty adjustment: dynamic adjustment for every 1 block, sudden change in computing power will trigger difficulty bomb, security: two-way anti-replay attack. In terms of technical characteristics, it is the most comprehensive technical provision at present, and solutions are proposed for several major problems of Bitcoin.

In order to break the current situation where Bitcoin is monopolized by ASIC mining machines, our team has upgraded the PoW algorithm and launched a new BtHash algorithm, which allows ordinary users to participate in mining with CPU and GPU, returning to the original intention of Bitcoin decentralization. Let everyone who is interested in Bitcoin participate in it, promote the development of the Bitcoin community, let Bitcoin return to its decentralized essence, establish a wide range of application value, and let everyone participate and experience the benefits and benefits brought by Bitcoin. In the early stage, Bitcoin Hotspot (BTH) using the new algorithm can only be mined with wallets, and the GPU mining program will be gradually opened after the main network is launched.

From the time point of view, BTH (Bitcoin Hot) will be launched on the mainnet on December 12, 2017, supporting segregated witness, replay protection, and lightning network. The lightning network will be launched in the first quarter of 2018; the cross-chain atomic transaction upgrade will be carried out in the second quarter of 2018; quantum resistance will be launched in the third quarter of 2018, and smart contracts will be launched in the fourth quarter of 2018; zero-knowledge proof will be deployed from the first quarter to the second quarter of 2019. From the time setting, it leaves a reasonable development time for the project according to the difficulty, which shows that there is a clear and feasible plan for the development of the project. For more information, please visit the official website: www.bithot.org.

Warm reminder: Remember to collect candies from BTC platforms and wallets that support BTH transactions.
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