Bitnet BTN: Bridging Innovations and Foundational Principles in Blockchain
Launched on July 14, 2023, Bitnet emerges as a transformative blockchain platform aiming to reconcile the legacy of Bitcoin’s trustlessness and decentralization with Ethereum’s technological advancements. It seeks to address the challenges that have historically prevented Ethereum and other subsequent blockchain projects from overtaking Bitcoin's dominant position in the market. Despite Ethereum's status as the second-most renowned blockchain, it has been unable to close the significant gap with Bitcoin, among other reasons, due to contentious initial coin distribution, a shift towards a proof-of-stake consensus model, and concerns over centralization and governance practices.
Bitnet distinguishes itself by adopting Bitcoin’s principles of equitable launch while seamlessly integrating Ethereum’s innovations in smart contracts, scalability, and interoperability, alongside its own unique technological enhancements. This strategic fusion aims to set a new standard in the blockchain space by providing a secure, decentralized financial system that combines the best aspects of its predecessors. While still in its nascent phase and its impact speculative, Bitnet is positioned as a potential contender capable of challenging Bitcoin's supremacy, indicating a significant paradigm shift in the blockchain landscape.
Bitnet [BTN] is a cryptocurrency with its own blockchain.The most actual price for one Bitnet [BTN] is $0.068807. Bitnet is listed on 3 exchanges with a sum of 6 active markets. The 24h volume of [BTN] is $410 253, while the Bitnet market cap is $248 685 which ranks it as #1847 of all cryptocurrencies. You can find more information about Bitnet [BTN] on bitnet.technology
# | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
---|---|---|---|---|---|---|---|---|
1 | XeggeX C | $800.50 | $0.069141 | 0.200000% | Spot | Percentage | 2 minutes ago | |
2 | XeggeX C | $18.58 | $0.067342 | 0.005000% | Spot | Percentage | 2 minutes ago | |
3 | XT C | $393 436.00 | $0.068540 | 96.310000% | Spot | Percentage | 2 minutes ago | |
4 | Fcex Excha... C | $4 945.33 | $0.064758 | 1.210000% | Spot | Percentage | 2 minutes ago | |
5 | Fcex Excha... C | $4 866.38 | $0.064172 | 1.190000% | Spot | Percentage | 2 minutes ago |
#32
16.74%
#120
-11.89%
#1
-2.56%
#71
no data
(13 hours ago), 2 min read
(15 hours ago), 2 min read
(15 hours ago), 3 min read
Started |
14 July 2023
about 1 year ago |
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Website | bitnet.technology |
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Source code | github.com |
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Asset type | Coin |
Explorers (1) | btnscout.com |
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Tags |
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Blog | dev.to stackoverflow.com instagram.com |
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Forum | instagram.com |
reddit.com |
How to buy Bitnet? How can I buy the Bitnet coin? Bitnet stock how to buy? How to get Bitnet?
To find out where you can buy currency Bitnet see the list of available exchanges.
Where to trade Bitnet?
Click here to see the list of available exchanges for Bitnet.
Bitnet BTN: Bridging Innovations and Foundational Principles in Blockchain Launched on July 14, 2023, Bitnet emerges as a transformative blockchain platform aiming to reconcile the legacy of Bitcoin’s trustlessness and decentralization with Ethereum’s technological advancements. It seeks to address the challenges that have historically prevented Ethereum and other subsequent blockchain projects from overtaking Bitcoin's dominant position in the market. Despite Ethereum's status as the second-most renowned blockchain, it has been unable to close the significant gap with Bitcoin, among other reasons, due to contentious initial coin distribution, a shift towards a proof-of-stake consensus model, and concerns over centralization and governance practices. Bitnet distinguishes itself by adopting Bitcoin’s principles of equitable launch while seamlessly integrating Ethereum’s innovations in smart contracts, scalability, and interoperability, alongside its own unique technological enhancements. This strategic fusion aims to set a new standard in the blockchain space by providing a secure, decentralized financial system that combines the best aspects of its predecessors. While still in its nascent phase and its impact speculative, Bitnet is positioned as a potential contender capable of challenging Bitcoin's supremacy, indicating a significant paradigm shift in the blockchain landscape.
Bitnet is a coin and it means this is a cryptocurrency that has its own blockchain and works independently from other cryptocurrencies. Examples of Coins: Bitcoin, Stellar, Litecoin.
What is the value of Bitnet coin?
1 Bitnet is worth $0.068807.
To get price and historical data for Bitnet coin, use API ID: btn-bitnet for endpoints at http://api.coinpaprika.com.
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