Bither Platform ICO

64 days remaining

March 23rd 2019

1 month ago Visit Website

June 28th 2019

in 2 months View Whitepaper

Bither Platform (BTR)


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 …

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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.

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 computing power is used for recording and confirming transactions in networks of the second and third layers. It is also used 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 part is assigned to operational projects; these are projects that run on the Bither network and need computing power 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 network is called Rental Processor.

By implementing a modern architecture for mining and defining trusted masternodes, the Bither platform presents a new solution to the current problem of mining centralization. The role that masternodes play in the distribution of hashing power is an innovative approach to solve the problem of ASICs. This way, ordinary have 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 the categorization of activities for tokens etc. Some of these advantages go as follows:

_ Optimized use of energy with the multi-mining ability to incentivize miners

_ The possibility to create thousands of sidechains in the network

_ Recording transaction details on the sidechains rather than the main network

_ Not needing Bither balance for the sidechain transactions

_ A standard platform where scientific projects can purchase their required computing power.

_ Providing the required hashing power for mineable projects at the start of their activity

_ Profitable mining during market downturns

_ Defining a safe and secure standard to prevent fraud in the initial coin offerings (ICO)

_ The possibility to define and create holding companies

_ Setting up decentralized and user-friendly exchanges

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

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Bither Platform Review

Bither Platform Overview

SymbolBTR
PlatformEthereum
CategorySmart Contract
Price1 BTR = 0.01 ETH
Total Supply47,000,000
WebsiteView
WhitepaperView

Bither Platform Additional Info

Elevator Pitch

Three-layer solution, Multi-mining capability, and Optimizing the energy consumption

Advantages of Participating in the ICO
  • 1 . Optimized use of energy with the multi-mining ability to incentivize miners
  • 2 .The possibility to create thousands of sidechains in the network
  • 3 .Recording transaction details on the sidechains rather than the main network
  • 4 .Not needing Bither balance for the sidechain transactions
  • 5 .A standard platform where scientific projects can purchase their required computing power.
  • 6 .Providing the required hashing power for mineable projects at the start of their activity
  • 7 .Profitable mining during market downturns
  • 8 .Defining a safe and secure standard to prevent fraud in the initial coin offerings (ICO)
  • 9 .The possibility to define and create holding companies
  • 10 .Setting up decentralized and user-friendly exchanges
Affiliate Program

Yes

Affiliate Commission

https://bither.one/

Countries of Origin

Georgia

Restricted Countries

Afghanistan, Anguilla, Antigua And Barbuda, Bosnia-herzegovina, Canada, Cayman Islands, Colombia, Iran, Iraq, Laos, Nigeria, North Korea, Syria, Tajikistan, Turks And Caicos Islands, Uganda, United States, Vanuatu, Yemen

KYC

No

Soft Cap

20,000,000 BTR

Hard Cap

47,000,000 BTR

% Available for Sale

15

Accepted Coins for Payment

ETH

Social Media Pages
Fund Allocation
Token Distribution

Bither Platform Team

Alex Z.Kouchal

CEO

Reza Abbasgholiha

CSO & head of operations department

Daniel Driessen

Community Support Manager

Ali Ghasemirad

CTO & Digital Marketing Strategist

Erik van der Veen

Director of Customer Experience & Community Expert

Shayan Shirazi

CRO & Director of Engineering

Natia Nargizashvili

Executive Assistant & Data Analyst

Hosein Bahrami

CMO & Market Research Director

Vladimer Kurdadze

Web Developer & Software Quality Assurance Engineer

Revaz Nakhutsrishvili

Developer & Solution Architect

Malvina Natchkebia

Legal & privacy assistant

Alvina Trofimchuk

E-Commerce Specialist & Content Manager

Tamila Tkemaladze

UI/UX Designer & Blockchain Researcher

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