Bitcoin Black: Another Airdrop To Look Out For
Bitcoin is both a currency and a digital system that started the whole crypto-currency craze. It was intended to replace the dollar, euro, or any other fiat currency while being completely decentralized and available wherever there’s an internet connection.
What makes a big difference with so-called fiat currencies (those issued and backed by a central bank) is that It is a digital currency that only exists in the blockchain that supports it and due to a sophisticated process of verification (consensus) of transactions, it cannot be spent twice. It also had a limited supply by design to ward against currency inflation, which was the main reason why many AnCaps and free-market minded individuals were so fond of it.
One of the main problems with Bitcoin is that it is more speculative than practical. In addition, as with the Fiat currency, it is not distributed in a fair way, that is, between 90-99% of all bitcoin that exists, only 1% is distributed among all users, or what is the same, practically all bitcoin that exists is in the hands of a few. This is why so many altcoins and forks had appeared not long after its release.
BITCOIN BLACK: A coin for the people
Bitcoin Black is intended to be adopted as a p2p payment system by giving power back to the people. It aims to make transactions free of charge, instant transaction time, being accessible and easy to use for everyone, greener by spending 100,000 times less energy than Bitcoin, and so on.
In short, they want a crypto currency with a fair distribution model, more ecological, without charges, and being designed for mass adoption. A new currency with which they can pay salaries, rents, food and bills, and generally more usable than Bitcoin for daily needs.
Bitcoin Black aims to be the first truly autonomous and decentralized system. The project also wants to simplify the management of wallets by using phone numbers instead of random strings that the Average Joe has trouble keeping track of.
Highlighted features:
- Maintain a monthly growth rate of at least 10%.
- Scalable for worldwide expansion
- International transactions without fees
- Greener than Bitcoin and other PoW coins
- Tied to phone numbers for convenience.
- More even distribution among users.
- A p2p currency intended for global adoption should be free of charge, instantaneous and multi-lingual.
- More liquidity than Bitcoin
- Simplicity and accessible
- Foundations correctly set up and managed.
- Will not allow suppression and manipulation by whales.
While the Bitcoin.Black projects is offering 3600 free coins for airdrop participants, I think it’s worth giving the platform a chance instead of selling them off early at an exchange.