SilverBits conceptual goal is to become an ultra-scarce non-government controlled storage of wealth with software facilities to increase that wealth over time and that is an instantly transferable asset with zero storage cost.
SilverBit is a digital token that allows people to send coins anywhere in the world instantly, securely and at near zero cost. It focuses on creating a multi entry, high rewards monetary system that empowers people to achieve financial freedom through blockchain based technology.
There will only be 7.5 million SilverBits created making this one of the most scarce crypto tokens.
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SilverBit Blockchain
SilverBit token is forged with Proof of Stake. Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e. the stake).
In contrast, the algorithm of proof-of-work (PoW) based cryptocurrencies (such as bitcoin) uses computationally intensive puzzles in order to validate transactions and create new blocks (i.e. mining) Proof of stake is a different way to validate transactions based and achieve the distributed consensus.
Stake your SilverBit, its free tokens!
Proof-of-Stake just like Proof-of-Work is a mechanism that allows the network to confirm transactions and prevent fraud. However, it does not require any resource intensive calculations to be performed. The only reqirement is to have some SilverBit in your balance. Tokens can be earned by keeping SilverBit tokens for a period of time greater than or equal to the Minimum Coin Age.
Token Details
1 ETH = 1500 SilverBit
Name : SilverBit
Symbol : SLV
Decimals : 8
Maximum Total Supply : 7,500,000
Initial Supply : 2,250,000
Minimum Coin Age : 3 Days
Maximum Coin Age : 90 Days
Token Sale Allocation
Fund Distribution
RoadMap
Team Member :
Official Website :
https://silverbit.co/
White Paper :
https://silverbit.co/wp-content/uploads/2018/03/WHITEPAPERfrontpage1-10.pdf
Join Us on Telegram :
https://t.co/hgfL1nb6cW
Social Media Links :
Facebook : https://www.facebook.com/SilverBitSLV/
Twitter : https://twitter.com/SilverBitSLV?lang=en
Bitcointalk Thread :
https://bitcointalk.org/index.php?topic=2872549.0