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Bitcoin Pay

Bitcoin Pay (BTP)

$ 0.00
-0.38 %
Main info
News
Comments
Markets
Analytics
Volume (24h)
$15.71
-0.38 %
Total supply
20,558,090 BTP
Max. supply
21,000,000 BTP

About Bitcoin Pay

Overview of Bitcoin Protocol

Bitcoin Protocol (BTP) is a peer to peer decentralized Internet-of-value protocol for global payments. Bitcoin Protocol is open source, decentralized, community run and community maintained.

Anonymity and Development

From the initial stage of development, there has been a desire from many of the team members to remain anonymous in their contributions for the development of Bitcoin Protocol. This has helped the team focus on the main project and ensure steady growth of Bitcoin Protocol. We see the same in the original vision of bitcoin, anonymity was also part of its success. Our vision is that are tangible in user-interaction and adoption and not to focus on the developers behind the scenes.

Technology and Transactions

Just like Bitcoin, Bitcoin Protocol supports peer-to-peer transactions without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public ledger.

The genius of this blockchain technology is that it runs and works apart from the control of any one individual or centralized hub.

The original vision of blockchain technology is to operate in a way that is peer to peer and not a part of any centralized hub or centralized entity. Whether utilizing the ethereum blockchain or starting our own blockchain, the main goal will be to maintain a decentralized model.

Key data

updated $0
Market cap$0
Volume 24h$15.71

Bitcoin Pay (ticker: BTP) is a cryptocurrency built around one idea — using digital coins for quick, everyday payments, as the Pay in its name suggests. It runs on its own blockchain secured by Proof-of-Work (PoW), meaning transactions are verified by a distributed network of miners instead of any central authority. In plain terms, think of it as a Bitcoin-style coin focused on being easy to send and spend.

Frequently asked questions

What is Bitcoin Pay (BTP), and how is it different from Bitcoin?

Despite the familiar name, Bitcoin Pay is a separate project with its own blockchain and its own ticker — BTP, not BTC. It borrows Bitcoin's core idea of peer-to-peer digital money but leans toward payments: fast, simple transfers rather than digital gold. It does not share Bitcoin's network, history, or supply.

How does Bitcoin Pay's technology work?

BTP uses a Proof-of-Work (PoW) consensus: miners compete to solve a cryptographic puzzle, and the winner adds the next block of transactions to the chain and collects a reward. Because each block is mathematically tied to the previous one, rewriting confirmed transactions would mean redoing all that computational work — which makes the ledger extremely hard to tamper with. It is the same battle-tested security model that made Bitcoin famous.

How are new BTP coins created?

There is no central issuer — new BTP enters circulation as block rewards paid to miners for securing the network. The emission rules, including total supply and how rewards change over time, are written directly into the protocol's code. For exact figures, the project's official site is the primary source to check.

How do I store and use Bitcoin Pay?

You store BTP the same way as most cryptocurrencies: in a wallet where you control the private keys — and for a serious amount, a hardware wallet is the safer choice. In practice, the coin is used for peer-to-peer transfers and payments wherever it is accepted. Since wallet and exchange support changes over time, the official site (btceasypay.com) is the best place to check current options.