BitCoinReal- The next generation of bitcoin

The scalability, volatility and slow blocktime are some of the loopholes that are major hindrances towards mass adoption of bitcoin. A number of coins have attempted to solve one or few problems that exists in the bitcoin chain. For example. Ethereum started to address low supply issue, while bitcoin cash came up with fork to resolve distribution issue. While there is not a single that has resolved all the issues that exists in bitcoin. BitCoinReal (BTR) is a next generation crypto asset that is going to cover all loopholes that exists in the current business and tech model.

BItCoinReal will be covering issue of volatility, blocktime and mining process. Moreover, BitCoinReal coins will be enough in the blockchain to maintain its economic stability. Some of the features of BitCoinReal and how they are aiming to be the next big coin of the year are mentioned below;

Volatility

Today, 16.95 million bitcoins are in circulation. These are very few to maintain BTC economic value, because of low supply, we observe extreme volatility in BTC prices. But, BitCoinReal will be a coin that will cover this problem by supplying enough coins in the blockchain. The main benefit of high supply is it paves way for mass adoption, exhibits low inflation and translates into stability for the project and tradable value of coin both.

Blocktime

The time to create a new block is known as blocktime; Bitcoin takes 10 minutes to create a new block, but BitCoinReal will take only two minutes to create a new block which is very less time to make a transaction. This blocktime is the lowest when compared to bitcoin space where BTC, BCH and BTG blocktime is 10mins while BitCore exhibits 2.5 mins as blocktime.

Mining process

Mining is a process where transactions are verified, and consensus is built on algorithms. It rewards miners for their cost and energy utilized in form of new coins, however the issues and drawbacks are getting real which is why projects are moving towards newer ways of distribution. To make things simpler, BitCoinReal will incorporate fork mechanism for coins distribution. This will save up the cost and it is an efficient way to unlocking the coins.

Transaction per day

Another restriction of btc is limited transactions per day. Transaction of bitcoin can be till 1.2 million per day, but BitCoinReal can transact around 50 million per day. It is an essential evidence of proving BitCoinReal’s technological advancements. Larger number of transactions act as a catalyst for mass adoption. Once, the coin will be distributed amongst masses, a large number of transaction per day handling will act as a plus point in the overall ranking of coin. So from speed and quantity point of view, BitCoinReal is ten steps ahead that of BTC, BCH and even Bitcore, the positives makes us say the coin to be the next generation of BTC.