Bitcoin TOP (BTT) is a fork of Bitcoin that occurs at the predetermined height of block 501118 and therewith a new chain will be generated as the BTT. Bitcoin TOP miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and enhance the protection for account transfer and privacy based on original features of BTC. This will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. It shares the same transaction history with Bitcoin until it starts branching and coming into a unique block from which it diverges. As a result of this process, a new cryptocurrency was created which we call “Bitcoin TOP”.
The total amount of BTT is 21 million. No more increase. 17 million BTT, 1BTC : 1BTT will be presented to the Bitcoin holders for the long-term Bitcoin ECOSYSTEM support. The rest 4 million will be automatically transferred into the community rewards pool as tributes and mining.
After nine years of rapid development of Bitcoin, high transactions fees and Bitcoin no longer meets the demands from rising numbers of clients. And various kinds of problems have arisen, which mainly consist of the following aspects:
1. Lack of privacy protection.
2. Slow transaction confirmations.
3. High threshold for new members.
No, Bitcoin TOP is fork of the Bitcoin blockchain with upgraded technology while preserving the original features of Bitcoin. A series of new encryption techniques are introduced to encrypt the amount in the transfer, further ensuring the privacy of customers. Besides, it raise the storage size and the block-out speed of each block to an optimum value, to follow segwit and increase the usage of block unit storage trading of the Bitcoin TOP and minimize the production of isolated blocks.
The so-called replay attack refer to the fact that if a transaction is valid in BTC, then the bifurcation of BTC will also take effect, because most of their algorithms are the same. Means that if someone on the BTC launches a deal in the chain and sends the signed deal to another block chain, he will get free BTC that shares the same ratio in that block chain. In order to prevent such replay attack, a slight change has been made on trading format between BTC and BTT, to prevent the replay trading, BTT will not accept BTC deal which truly makes it independent from the BTC.
In some application scenarios, especially in many business scenarios, or scenarios that are related to sensitive data such as income of corporate individuals, the BTC holders do not want to disclose their account balances for various reasons. On the one hand, encryption of the transaction amount can protect the privacy of personal funds and avoid the coveting from unscrupulous people. On the other hand, some funds involves trade secrets of certain financial institutions, encryption can protect their money from being exposed, and further ensure the safety of their business activities.
1.Anyone who held Bitcoin at the time Bitcoin TOP was created became owners of Bitcoin TOP which is 1BTC : 1BTT.
3.Exchange at any other secondary markets.
4.Contributors in the ecological construction of BTT will receive a certain BTT as a reward.
Any secured Bitcoin wallets can store your BTT before they reach the predetermined height as of block 501118. If your Bitcoin is stored by a third party, such as an exchanger, then you must inquire them about your Bitcoin TOP. Verified wallets that support BTC and BTT side-by-side will be listed on the Bitcoin TOP home page. We will publish guides for retrieving BTT from the most popular wallets.
No. If you have BTC in a paper wallet, hardware wallet, multi-signature address, or any other forms of secure private key storage, you will be able to claim your corresponding BTT at any time. BTT will be distributed when you move. You can search and find your BTT from your wallet.
Once the bitcoin blockchain reaches a predetermined height of 501118 Bitcoin holders can get BTT as free. After that time, you need to acquire BTT at any exchanges like other cryptocurrency, mining it as Bitcoin, or trading your goods and services for benefits.
Cryptocurrency exchanges are custodial businesses, which means they control your private keys. When the Bitcoin TOP fork occurs at predetermined height 501118, any exchange that is holding BTC on your behalf will also receive the corresponding BTT. While they should credit your account with the equal amount of BTT, there is no legal authority that can force them to do so. The Bitcoin TOP home page will display the names and logos of exchanges that have promised to credit their users with BTT at 1:1. If your exchange is not shown, please consider transferring your BTC to a supporting exchange or withdraw to a personal wallet where you control the private keys.
You can sell BTT at any of the exchanges listed on our home page. Or you can trade with a trusted broker.
As the developers of the project, we will not predict price or provide any investment advice. We create BTT as a free dividend for BTC holders. Anyone who hold Bitcoin at the time when Bitcoin TOP was created became owners of Bitcoin TOP.
You can receive the full benefits of this project without any additional risk simply by holding Bitcoin, the best form of money the world has ever seen.
You can mine BTT using the full node client or you can mine with a pool. Some public mining pools that have worked with us are listed on our home page. We invite you to join our Telegram for technical help and advice about mining BTT.