SilverBit is a digital token that allows people to send money 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.
Silverbit aims to be the ultimate crypto coin store of value with zero storage costs and lightening fast transfers! Much like the precious metal Silver has intrinsic value and acts as a diversified asset, SilverBit aims to be a sort of digital Silver that is scarce and valuable.
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.
Why Silverbits?
Token Sale 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
Road Map
Team
For more information, please visit:
Website: https://silverbit.co/
White Paper: https://silverbit.co/wp-content/uploads/2018/03/WHITEPAPERfrontpage1-10.pdf
Telegram: https://t.co/hgfL1nb6cW
Facebook: https://www.facebook.com/SilverBitSLV/
Twitter: https://twitter.com/SilverBitSLV?lang=en
Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://en.wikipedia.org/wiki/Proof-of-stake
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit