C-bit-XCT is the only cryptocurrency in the world built on the Bitcoin Core 0.12.0

in cbit •  8 years ago 

C-bit is the only cryptocurrency in the world built on the Bitcoin Core 0.12.0 source code and is explicitly designed to be complimentary to Bitcoin — specifically, to be a matching-but-smaller-denomination currency pair to Bitcoin. It is simple, not complicated. No bells. No whistles.

C-bit is an exact replica of Bitcoin Core 0.12.0. All updates, patches, fixes, and new technologies added to Bitcoin Core are added to C-bit as they occur. Any software, platform, or technology that is designed to work with Bitcoin Core can work with C-bit. The family tree is the same, so conflicts are eliminated when coding is concerned. In fact, communication between the Bitcoin Core and C-bit block-chains is possible, unlike other currencies or block-chains who do not share the identical source code with Bitcoin.

The only differences between Bitcoin Core and C-bit is that C-bit has a 2 meg block size already built into the source code (unlike Bitcoin Core’s 1 meg block size), and C-bit has 210 million coins (as opposed to Bitcoin’s 21 million). 10 times the coins means a 1/10 valuation against Bitcoin; thus, C-bit is the “pocket change” to Bitcoin.

The C-bit development team is currently designing a C-bitcore node. The C-bitcore node will be the first stage in the development cycle of an eventual C-bit Insight/Bitpay suite. The suite will be similar in design to the most widely used merchant application for Bitcoin (Bitpay.com). This will allow any merchant or individual to be able to easily accept C-bit as payment for any offered goods or services.

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