eBitcoin
| EBitcoin | |
|---|---|
| File:EBitcoin logo.png | |
| Denominations | |
| Symbol | eBTC |
| Ticker symbol | EBTC, EBTCNEW |
| Development | |
| Original author(s) | satoshi21 |
| White paper | eBTC WhitePaper |
| Implementation(s) | ERC20 token on ETH |
| Initial release | 30 October 2017 (ETH block 4462000) |
| Ledger | |
| Timestamping scheme | Proof-of-work [Soon Proof-of-stake (PoS)] |
| Issuance | Decentralized, community-driven development |
| Block time | 14–15 seconds |
| Block explorer | etherscan |
| Circulating supply | 18,897,126 eBTC (max circulating supply) |
| Supply limit | 21,000,000 eBTC |
| Valuation | |
| Exchange rate |  US$0.69 (as of 22 February 2018[update]) |
| Market cap | US$13.196 millions (as of 22 February 2018[update]) |
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eBitcoin (eBTC) is a worldwide cryptocurrency based on Bitcoin's principles on the Ethereum blockchain.[1] It is a decentralized digital currency. Its conception is peer-to-peer, and transactions take place between users directly, without an intermediary. The entire total supply of eBitcoin has been pre-mined. This enables an “eco-friendly” approach; eBitcoin has its entire total supply already on the market.
eBitcoin is an open-source project where contributors are volunteers.
History
The origin of eBitcoin is unclear; the first developer on this project calls himself “Satoshi21” [2][3] . Nobody knows if this developer "Satoshi21" is Satoshi Nakamoto, the Bitcoin creator.[4] eBitcoin was launched on 30 September 2017 on Ethereum block 4462000. On 13 October 2017, Satoshi21, eBTC’s creator, disappeared. eBTC Team 2.0 was formed, rebranding as the eBTC Foundation.[5] The eBitcoin Foundation was created and is a global community of volunteers and business professionals who volunteer their time and provide oversight to both the eBitcoin ecosystem and the eBTC token.[6] The project was released as an open-source project, and the source code is available on GitHub[7] where any developer may contribute.
Technology
eBitcoin is an ERC20 token on the Ethereum blockchain. The average block time is 15 seconds. Irrevocability takes about 2–6 blocks of validation (from 30 seconds to 1 minute and 30 seconds). eBitcoin consensus is based on the Ethereum blockchain, which is currently POW GPU (Proof of work system). This consensus should upgrade to PoS (Proof of stake) as the Ethereum blockchain does. Scaling solutions are Lightning and Sharding. eBitcoin privacy uses zkSNARKs (as Ethereum). As an ERC20 token, eBitcoin aims to utilize Smart contracts.
Total Supply, Distribution and Mining
The total and maximum supply of eBTC will ever be 21 million, and it will be divisible by 8 decimal places. All tokens are pre-mined, which is an interesting perspective for the environment and against energy waste.
Exchanges / Marketplaces
Since October 2017, eBitcoin has been listed on the CoinMarketCap website.[8]
eBitcoin is listed on many exchanges[9] on BTC, ETH, and USDT markets. The main available exchanges are:
- Kucoin [10]
- HitBTC [11]
- CoinExchange [12]
- CoinFalcon [13]
- Stocks.Exchange [14]
- Etherdelta [15]
- AcceleratorEx [16]
References
- ↑ https://www.ccn.com/ebitcoins-payment-solution-aiming-mass-adoption-via-messengers-online-shops/
- ↑ https://bitcoinexchangeguide.com/ebitcoin/
- ↑ https://www.ccn.com/ebitcoins-payment-solution-aiming-mass-adoption-via-messengers-online-shops/
- ↑ https://en.wikipedia.org/wiki/Satoshi_Nakamoto
- ↑ http://ebitcoin.org
- ↑ http://ebitcoin.org
- ↑ https://github.com/eBTCCommunityTrustToken/eBTC
- ↑ https://coinmarketcap.com/currencies/ebtcnew/
- ↑ https://coinmarketcap.com/currencies/ebtcnew/#markets
- ↑ https://news.kucoin.com/en/ebitcoin-ebtc-gets-listed-on-kucoin/
- ↑ https://hitbtc.com/EBTC-to-BTC
- ↑ https://www.coinexchange.io/market/EBTC/BTC
- ↑ https://coinfalcon.com/hodl/EBTC-BTC
- ↑ https://stocks.exchange/trade/EBTC/ETH
- ↑ https://etherdelta.com/#EBTC-ETH
- ↑ https://www.ebitcoin.org/2018/02/22/ebitcoin-listed-at-acceleratorex/
This article "EBitcoin" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:EBitcoin. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
