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eBitcoin

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EBitcoin
EBitcoin logo.png
Denominations
SymboleBTC
Ticker symbolEBTC, EBTCNEW
Development
Original author(s)satoshi21
White papereBTC WhitePaper
Implementation(s)ERC20 token on ETH
Initial release30 October 2017 (23 months ago) (2017-10-30) (ETH block 4462000)
Ledger
Timestamping schemeProof-of-work [Soon Proof-of-stake (PoS)]
IssuanceDecentralized, community driven development
Block time14-15 seconds
Block exploreretherscan.io
Circulating supply18,897,126 eBTC (max circulating supply)
Supply limit21,000,000 eBTC
Valuation
Exchange rateIncrease US$0.69 (as of 22 February 2018)
Market capIncrease US$13.196 millions (as of 22 February 2018)

eBitcoin (eBTC) is a worldwide cryptocurrency based on Bitcoin's principes 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[edit | edit source]

The origin of eBitcoin is not clear, the first developper on this project calls himself “Satoshi21” [2][3] . Nobody knows if this developper "Satoshi21" is Satoshi Nakamoto, the Bitcoin creator [4]. eBitcoin has been launched on 30th septembre 2017 on Ethereum block 4462000. On the 13th october 2017, Satoshi21, eBTC’s creator disappeared. eBTC Team 2.0 is formed, renounces as eBTC Foundation [5]. The eBitcoin Foundation has been 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 has been released as an open source project and the source code is available on GitHub [7] where any developper may contribute.


Technology[edit | edit source]

eBitcoin is an ERC20 token on Ethereum blockchain. Block time medium validation is 15 seconds. Irrevocability takes about 2-6 blocks validation (from 30 seconds to 1 minute and 30 seconds). eBitcoin consensus is based on the Ethereum blockchain that is now POW GPU (Proof of work system). This consensus should upgrade to PoS (Proof of stake) as the Ethereum blockchain. Scaling solutions are Lightning and Sharding. eBitcoin privacy is using zkSNARKs (as Ethereum). As all ERC20 token, eBitcoin aiming Smart contracts.


Total Supply, Distribution and Mining[edit | edit source]

Total and maximum supply of eBTC would ever be 21 millions and it will be divisible by 8 decimal places. All token are premined that is an interesting perspective for environment and against energy wasting.

Exchanges / Marketplaces[edit | edit source]

Since october 2017, cotation of eBitcoin is available on CoinMarketCap website [8]


eBitcoin is listed on many exchanges [9] on BTC, ETH, USDT markets. The main available exchanges are :

References[edit | edit source]


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.


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