BitcoinPlus is an autonomous P2P network that is superior to the original bitcoin in several aspects. It is faster, more efficient, and offers better security than bitcoin. The initiators of bitcoinplus do not have the power to make any modifications or amend any rule without the consensus of all the participants in the network. The next-gen cryptocurrency uses the XBC symbol.
Bitcoinplus had many ups and downs in the initial days of its launch. It started afresh and some of its enthusiasts joined hands and rebuilt the company. The wallet was recreated with better security and more features. Hence the name bitcoinplus.
BitcoinPlus guarantees anonymity of transactions. The XBC wallet comes inbuilt with TOR software which makes sure that the IP address of the users is concealed. The TOR software gets activated automatically when the members start their transactions. The complete data is encrypted. However, the transaction as such is visible to the public, only the user ID is not known. If a user needs complete anonymity they must create a new wallet per transaction.
XBC is faster. The average block processing time in bitcoinplus is 1minute while in bitcoin, it takes about 10 minutes. This means bitcoin plus is about 10 times faster than the bitcoin. There are only 1 million bitcoinplus coins while there are over 21 million bitcoins in the network.
XBC was primarily a Proof of Stakes coin. The coin owners are assured of a 20% increase in one year as an incentive. It amended its policy a year back and has allowed users to mine XBC with the Proof of Work system. In case there is some issue with the network that could hinder the operation, users can manually shift to PoW and continue in a hybrid form. However, again a few months back it upgraded itself and reverted to PoS and now is totally based on the PoS.
The wallet is available on all the platforms. Users must buy the XBC from any of the listed exchanges and can start staking after syncing it and wait for 12 hours.
The XBC inflation rate is set at 20% for one year. This gives an assured increase of stakes by 20 percent after holding on to the XBC. BitcoinPlus is more improved in features than the popular and highly profitable bitcoin. It has an ambitious and dedicated team in the lead and making it stronger and greater.
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