Well, Bitica Coin (BDCC) or simply Bitica, since its launch in 2018, has attracted many eyeballs in the wealth management space due to its peer-to-peer, decentralized transaction capabilities. The developers of the BDCC platform had a long-term vision of providing financial freedom and economic independence to everyone, from any background and knowledge, by the creation of a BDCC global payment network.
Still, a lot of people are curious and frequently visit Bitica platform and its social media pages to know about what Bitica exactly is and how it is something different from a ‘’real’ or fiat money, and how can they grab it. So, to find the answer all these questions, gear up to understand the exciting world of Bitica cryptocurrency.
Here are the curiosity burster responses to all the user queries related to Bitica or BDCC coin.
What is Bitica Coin?
Bitica Coin (BDCC) or Bitica is a first peer-to-peer PoS/PoW model based cryptocurrency that is first created and legalized in Estonia for commerce use in 2018. BDCC coins also use the decentralized control thanks to the use of distributed, decentralized public ledger called blockchain, as opposed to traditional centralized banking models for electronic money transfer.
What is the purpose of Bitica and how does it get created?
On a broader level, the developers of Bitica coin has a long term vision to build a unique and united society that can learn and easily access the much-sophisticated technologies like blockchain. To achieve this vision, Bitica Coin or BDDC network has been created as a global payment network driven by advanced technologies like blockchain where users can easily sell their legal goods without worrying about any border or distances.
Who are the founders/inventor of BDCC coin?
BDCC Genesis company holds the laurel of being the inventor of revolutionary Bitica cryptocurrency/coin.
Who makes Bitica Coin Unique and different from cryptocurrencies?
Bitica Coin has been created and oriented towards global commercial use and mass adoption and to achieve this capability; the BDCC must be capable of processing thousands of blockchain transactions in a few seconds.
So, Bitica uses advanced technologies like SEGWIT and Lightning network along with PoS/PoW consensus-building mechanism to process thousand of blockchain transactions in a few seconds, which makes it unique from other cryptocurrencies like Bitcoin. On the technical front, Bitica has an initial transaction throughput of more than 50 tps with an average block generation time of 60 seconds.
What is it worth?
As far as the Bitica Coin market value is concerned, the price of 1 BDCC Coin is equal to 0.00026318 BTC/ $1.37/ £1.05. Currently, there are approximately 18,000,000 BDCC coins, which are in circulation in the market with a total market capitalization of 4,737.24 BTC/$24,728,393.
How can I get some?
To acquire Bitica digital currency, you can visit the two popular BDCC listed exchanges- TradeSatoshi and Crex 24. The good news is that BDCC coins will soon be listed on some other popular exchanges like STEX, DDEX, and CoinMarketCap.