BITCOIN ORIGIN - World's first Multi-Fork meets serverless Blockchain
Hello everyone, I will explaination about Bitcoin Origin Project and to know the benefits of Project, Here is the Review:
Bitcoin Origin is the world’s first penta cryptocurrency fork with the clear goal to make real-world serverless blockchain adoption possible. The Bitcoin Origin project has been built on and improved the features of existing PoW cryptocurrencies, and has integrated the best of these features in Bitcoin Origin.
This improves the overall utility, functionality, scalability, and lack-of-privacy inherent in the PoW cryptocurrencies, and delivers serverless Blockchain-as-a-Service projects to the corporate sector, while removing some of the dangers inherent in this consensus mechanism. The improved token features are complemented by the Proof-of-Ambassador consensus mechanism, which rewards coinholders with returns that exceed those found in traditional PoW mining operations.
Holders of Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash will be awarded a proportional amount of Bitcoin Origin. At the time of the fork, USD values for each of the 5-PoW forked coins will be locked, and that value will be used to determine the quantity of coins awarded to existing owners proportionally.
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THE BITCOIN ORIGIN IDEA
1| Multi-Layered
Heard of side-chains? In Origin, side-chains are inherently part of the infrastructure to allow for scaling considerations.
2| Multi-State
We wanted our users to be able to use their own native token for fees and block rewards. Each state has its own namespace, its own VM, and its own ecosystem, supported the the Bitcoin Origin network.
3| Cross-ChainBitcoin Origin has developed an Ethereum token bridge, allowing Ethereum tokens to be converted to native tokens in the multi state engine.
4| Proof-of-AmbassadorThe Bitcoin Origin community staking ORI tokens will be able to Vote. The Ambassadors are required to campaign for votes and in turn rewarded generously for their campaigning efforts.
5| Serverless BlockchainThrough the Bitcoin Origin network and it’s technology, any member of the public has the ability to introduce their own entirely serverless blockchain. The blockchain is powered by Bitcoin Origin's Network Validators (Ambassadors).
The Bitcoin Origin team has modified the underlying architecture to allow concurrent blockchain states to exist.
TOKEN ECONOMICS
Tranched Release and Whitelisting
Bitcoin Origin will be released in daily tranches, in a structured manner, to ensure organic growth and prevent whales or large organizations from off-loading ORI tokens on partner exchanges. To claim your Bitcoin Origin Tokens, holders of Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash will need to whitelist using our easy to use claiming tool.Bitcoin Origin is Self Funded
The experienced Bitcoin Origin founding team truly believes in the project and as such have placed their own capital at stake. Bitcoin Origin has been funded entirely in house thus far and there is no ICO planned for this project.
ROADMAP
Jan - Jun 2017
Mining problems arise due to “dirty” power usage, centralization of mining resources, and reduced profitability in PoW Mining Industry - the Bitcoin Origin idea is born.
Jul - Sep 2017
Gathering of the Bitcoin Origin Team – Developers, Designers, General Managers, Project Managers, PR staff, Support Staff and Call Centre Agents.
Oct - Dec 2017
Position Paper Completed
Jan - Mar 2018
- Proof of concept for POA infrastructure
- Proof of concept for Multichain Applications
- Website Completed
Apr - Jun 2018
- Whitepaper completed
- Partnerships Secured for full security Audit
- Community Building
- Customer Support Team Setup
- Infrastructure Completed and upgraded for Bitcoin Origin Launch
- Bounty Campaigns Setup
- Prepare for the Launch of the ERC20 token onto multiple exchanges
- Multiple Full code Audit on Bitcoin Origin completed (Independent and in-house)
Jul - Sep 2018
- Testnet Launch
- Full nodes
- Full wallets
- Lite wallets
- Mobile Wallets
- Claiming Tools
- Bitcoin Origin Fund begins work on Crypto Based Projects
Oct - Dec 2018
- Mainnet Launch
- Bitcoin Origin Conference
- Scalability Improvements
- Bitcoin Origin non-profit begins to assess projects
- Bitcoin Origin Education Fund begins work on the education platform
Jan - Mar 2019
- Privacy
- Community Development Funding Platform – Allowing the community to submit and fund improvement protocols
- Community ICO Funding Platform
Okay friends, Up here explanation from me about Bitcoin Origin Project and to avoid all forms of Fraud please visit the Link I provide below:
WEBSITE:https://bitcoinorigin.io/
ANN THREAD:https://bitcointalk.org/index.php?topic=3716485.0
FACEBOOK:https://www.facebook.com/BitcoinOriginHQ/
TELEGRAM:https://t.me/BitcoinOriginHQ
TWITTER:https://www.twitter.com/BitcoinOriginHQ
Username:Sadum
Link to Bitcointalk Profile:https://bitcointalk.org/index.php?action=profile;u=1393441
ETH Address:0xa60E07Ca8d9C010935b62D8855a1BcD8790D5B57
Coins mentioned in post: