
Bitcoin Silver (BTCS)
Key data
updated $0Bitcoin Silver (BTCS) is a mineable cryptocurrency that runs on a Proof-of-Work blockchain, much like the original Bitcoin. It was created as one of many Bitcoin-inspired forks, aiming to offer a similar decentralized digital cash concept under its own ticker. In plain terms, BTCS is a standalone coin with its own network, not a token riding on someone else's blockchain.
Frequently asked questions
What is Bitcoin Silver and how is it different from Bitcoin?
Bitcoin Silver (BTCS) is a separate cryptocurrency with its own blockchain, not a version of Bitcoin itself. It borrows Bitcoin's core ideas — decentralization and mining — but exists as an independent coin with its own ticker, community and network. You can't send BTCS over the Bitcoin network; they are completely different systems.
How does Bitcoin Silver's technology work?
BTCS uses a Proof-of-Work (PoW) consensus mechanism, meaning miners compete to solve cryptographic puzzles and validate new blocks. This is the same security model pioneered by Bitcoin: tampering with the ledger would require redoing enormous amounts of computational work. Because it's PoW, the network is secured by mining hardware rather than staked coins.
How is Bitcoin Silver's supply issued?
Bitcoin Silver has a hard cap of 21,470,000 coins — slightly more than Bitcoin's 21 million. That means no more BTCS can ever be created beyond this fixed limit, which is built into the protocol. New coins enter circulation only as mining rewards, gradually approaching the cap over time.
How can you store and use Bitcoin Silver?
Since BTCS is a mineable coin with its own blockchain, you'll need a wallet that supports its network specifically — a full node wallet or a compatible software wallet. You can send and receive BTCS like any cryptocurrency, and miners earn it as a block reward. The official site, bitcoinscrypt.co, is the primary source for wallets and network details.