Bither

Bither

New Eco-Friendly and Layered Decentralized Economy

Bither Platform is a three-layer network that is capable of running smart contracts and different projects on all three layers. In this network, miners are allowed to mine on any layer and any project that they prefer without any obligation on staying on one network. In addition, Bither platform has a solution for the energy consumption on PoW mechanism in which miners' excess computing power is going to be used on valuable computations such as scientific researches and universities in need of computing power. Masternodes control this process and help to keep the network secure while running smoothly.



Token : BTR

Platform : Ethereum (ERC-20)

Soft Cap : 60,000 ETH

Hardcap : 300,000 ETH

Token Price : 0.01 ETH

Acc Currencies : ETH

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Bither presents an entirely new platform based on a synthesis of several methods. By introducing Merged- Mining capability and also optimizing computing power consumption, Bither sets its goal to draw more computing power toward its network through an efficient mining algorithm. .

Bither works with “Proof of Work” (PoW), as its consensus algorithm, though with a different architecture and distinct functions compared to Bitcoin, Ethereum, and many other similar networks. Bither’s innovation is in its calculation of network hash rate and automatic separation of computing power by using trusted masternodes. Through a hybrid method, these masternodes are defined and implemented in high numbers. Moreover, each masternode’s information is compared to other masternodes and there is an automatic and precise supervision over the accuracy of the computations and their orders. .

Bither works with “Proof of Work” (PoW), as its consensus algorithm, though with a different architecture and distinct functions compared to Bitcoin, Ethereum, and many other similar networks. Bither’s innovation is in its calculation of network hash rate and automatic separation of computing power by using trusted masternodes. Through a hybrid method, these masternodes are defined and implemented in high numbers. Moreover, each masternode’s information is compared to other masternodes and there is an automatic and precise supervision over the accuracy of the computations and their orders. .

In this method, masternodes are equipped with a new processor core (software). Through this processor core, the entire hash rate of the network is calculated before being divided into four major parts:

1. M percent of the network’s total hash rate is allocated for mining new coins, recording transactions,securing the main network, and checking and executing smart contract algorithms on Bither’s main network.

2. N percent of the network’s total hash rate is distributed among networks of the second layer. This computingpower is used for recording and confirming transactions in networks of the second and third layers. It is alsoused for computation and summarization of the network’s internal transactions.

3. This part is shown by the percentage marker of K. Through the miners’ decision and selection, this partis assigned to operational projects; these are projects that run on the Bither network and need computingpower for their processing.

4. The last part is introduced by the percentage marker of L (L=100-M-N-K). This part is assigned to a third-layer network in which miners can lease their excess computing power, The token that is used in this networkis called Rental Processor.

By implementing a modern architecture for mining and defining trusted masternodes, the Bither platformpresents a new solution to the current problem of mining centralization. The role that masternodes play inthe distribution of hashing power is an innovative approach to solve the problem of ASICs. This way, ordinaryhave a chance to mine as well.

Bither has presented a completely new platform that has many advantages in executing smart contracts,setting up scientific projects that need computing power, creating second and third layers toward thecategorization of activities for tokens etc.

To conclude, the Bither platform -while providing all features of current PoW based blockchains such assecurity, “tokenization” and smart contracts, aims to push blockchain technology one step further in order tohave a place in a green and eco-friendly future and to be a great help for scientific projects in order to affordthe process of big data. Besides these, Bither has also brought many innovations to make its platform moreefficient and user-friendly.

Features

Multi-Mining

Optimized use of energy and mining ability on several projects simultaneously.

Three-Layer structure

The Three-Layer structure is completely new and makes the launch of projects far easier for developers and startups.

Fee in internal transactions

Operating internal transactions without needing the Bither coins.

Financial security for miners

Miners can make a profit by allocating a part of the excess hashing power to the Bither Stock network.

Computing power

providing the required Hashing power for mineable projects at the start of their activity.

Standard ICO process

Defining a safe standard to prevent fraud in the Initial Coin Offerings (ICO).


More Information

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alex
Alex Z.Kouchal
CEO
Reza
Reza Abbasgholiha
CSO & head of operations department
daniel
Daniel Driessen
Community Support Manager
ali
Ali Ghasemirad
CTO & Digital Marketing Strategist
erik
Erik van der Veen
Director of Customer Experience & Community Expert
shayan
Shayan Shirazi
CRO & Director of Engineering
natia
Natia Nargizashvili
Executive Assistant & Data Analyst
hossein
Hosein Bahrami
CMO & Market Research Director
Vladimer
Vladimer Kurdadze
Web Developer & Software Quality Assurance Engineer
ravez
Revaz Nakhutsrishvili
Developer & Solution Architect
malvina
Malvina Natchkebia
Legal & privacy assistant
alvina
Alvina Trofimchuk
E-Commerce Specialist & Content Manager
tamila
Tamila Tkemaladze
UI/UX Designer & Blockchain Researcher

Bither


ICOBENCH (N.A)
TRACKICO (N.A)
ICOMARKS (N.A)

*We recommends that you conduct your own independent analysis or contact professional advisers when making investment decisions.


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Writer Information

Bitcointalk Username : Toplistico.com

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2676688

ETH: 0xF82858Db4a91FCE992AdAA9a090Ca51CD1043EBF

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