Total supply
21,000,000 BTV
Max. supply
21,000,000 BTV
Bitvote (BTV)
$ 0.04
-0.5 %
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Key data
updated $0Market cap$0
Volume 24h$0
Bitvote (BTV) is a hybrid cryptocurrency combining Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanisms. It aims to offer enhanced security and decentralization by leveraging both mining and staking. The project emphasizes community governance through its voting features.
Frequently asked questions
What is Bitvote and how is it different?
Bitvote (BTV) is a hybrid cryptocurrency using both PoW and PoS, offering security through mining and energy efficiency via staking. Unlike pure PoW coins, it allows users to participate in consensus without expensive hardware.
How does Bitvote's technology work?
Bitvote combines PoW for initial coin distribution and network security with PoS for long-term sustainability. Miners validate transactions initially, while stakers take over to confirm blocks, reducing energy consumption over time.
How are new BTV coins created?
New BTV are minted through PoW mining initially, then gradually transition to PoS staking rewards. The emission rate decreases over time following a predetermined schedule to control inflation.
How to store and use BTV?
BTV can be stored in wallets supporting hybrid PoW/PoS coins, including the official Bitvote wallet. Users can mine, stake, or trade BTV, and participate in network governance through voting features.