Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [Bitvaluta] [BTV] PoW/PoS | Scrypt
by
Bitvaluta
on 14/03/2020, 09:31:42 UTC
It is good that you don't have a pre-sale or any of that sort. So I am assuming, you have funds to develop this project and list this in exchanges, is that right? But what do you think will be the main application of bitvaluta in crypto? Because if it will end up in trading only, I don't think the lifespan will be long.

The main reason that Bitvaluta exists is because a small group of cryptocurrency enthusiasts (especially Bitcoin and Litecoin) wanted to implement their own ideas, partly because Bitcoin transactions take too long to arrive in these days and Litecoin can only be mined through proof of work. By setting up a hybrid blockchain that uses both, it can be used by both camps.

Bitvaluta can actually be called a community coin for these reasons. The financial picture of coming to exchanges depends entirely on what the people around the project can save together. Can that take a long time? Yes, but there is certainly no rush. The ultimate goal is that Bitvaluta is not only used as a medium of exchange but will be integrated in the future as a means of payment in digital but also physical payment systems.