What is MicroBitcoin?
MicroBitcoin (MBC) is a Proof of Work cryptocurrency that is centered around being a medium of exchange. It aims to utilize open source software, peer-to-peer transactions, and decentralization.
What is MicroBitcoin (MBC)?
Microbitcoin is a decentralized peer-2-peer (P2P) payment protocol for the micro-economy. It is hard forked from Bitcoin on 525 000-th block number. It saves all originally described in a 2008 fatures of original Bitcoin, but pushes it further to improve and surpass it. MBC is intended to be a user-friendly cryptocurrency, that can't be said about Bitcoin due to its current price and incredibly high transaction fees.
As every of as can see, this led Bitcoin to its limitation about application for micro-payments because of the problems of scalability, slow transaction times and high transaction costs.
MicroBitcoin strives to solve this problem and at the same time not lose the original vision of Satoshi Nakamoto. So we have designed MicroBitcoin that is 10,000 times the total supply of Bitcoin which is of the lower unit price. However, in order to embody this faster transaction speed had to be implemented, and many difficulties including lower fees as well as high rewards for mining had to be faced. Thanks to various contributors all around the world such as Korea, the US, and Ukraine, we have now realized the policies for speed, transaction fees, and reward, and the coin has been developed. In addition, we have completed the coin to be usable in micro-economy through thorough security by implementing the new encryption algorithm, LWMA-3, for the first time in the world. We aims to Microbitcoin be used so easy and simple as email these days. Try it and make sure of this straight now.
