BitcoinFast (BCF)
Key data
updated $0BitcoinFast (BCF) is a mineable cryptocurrency that combines two consensus approaches at once — Proof of Work and Proof of Stake. In simple terms, it's a digital coin you can either mine with computing power or earn by holding coins in a wallet. It was created as a faster alternative to regular Bitcoin, hence the name.
Frequently asked questions
What is BitcoinFast and how is it different from Bitcoin?
BitcoinFast (BCF) is an independent cryptocurrency, not a fork you can swap for Bitcoin. Its main pitch is faster transaction confirmation compared to the original Bitcoin. It also uses a hybrid PoW/PoS consensus, whereas Bitcoin runs purely on Proof of Work.
How does BitcoinFast's hybrid consensus work?
The network relies on both Proof of Work and Proof of Stake at the same time. Miners validate transactions using computing power, while coin holders can stake their BCF to support the network and receive rewards. This hybrid model is meant to keep the network secure while reducing reliance on heavy mining alone.
How is BCF issued and can it be mined?
Yes, BitcoinFast is mineable — new coins enter circulation through block rewards earned by miners. Because the network also uses Proof of Stake, part of the emission comes from staking rewards. The exact reward structure is defined in the coin's protocol and doesn't depend on market conditions.
How do you store and use BitcoinFast?
BCF is stored in a wallet that supports the coin — typically the official desktop wallet, since staking usually requires keeping coins in it. You can send and receive BCF like any other crypto: by sharing your wallet address. For technical details and downloads, check the official site at https://bitcoinfast.wordpress.com/.