| Full Currency Name | /BTCV |
| Currency Code | BTCV |
| Coin Intro | "Bitcoin Vault, abbreviated as BTCV, has a total supply of 21 million BTCV.
The full name of BTCV is BitcoinVault, also known in Chinese as Bitcoin Insurance Vault. It is a digital currency dedicated to modifying the original protocol flaws of Bitcoin. BTCV was issued in October 2019 with a total supply of 21,000,000 BTCV.
BTCV provides a highly secure blockchain ecosystem based on a triple-key system. It retains all the conveniences of Bitcoin while adding important features such as transaction transparency and freedom. BTCV is a new type of digital asset developed by learning from the experiences and lessons of the past decade in the digital currency field.
In terms of theft prevention, BTCV offers solutions: BTCV presents solutions based on new, advanced locking scripts and protocol modifications. By default, transactions using the new locking scripts are delayed by 24 hours. When miners add transactions to a new block, they do not go through immediately. Instead, they are added to the chain as a notification over the course of 144 blocks (assuming a block time of 10 minutes). If not interfered with during this period of 144 blocks, the transaction changes status from notification to "confirmed." The advantage of on-chain notifications is that cryptocurrency owners receive prior notice when their funds are being moved. Owners have 24 hours to act on the notification, canceling the transfer if unauthorized. In custodial wallets and traditional banking systems, delayed withdrawals are an established industry standard for theft prevention. For example, Coinbase Vault has a waiting time of 48 hours. Our proposed solution provides equivalent protection without relying on a trusted third party.
The design of BTCV aims to be as compatible as possible with the standard Bitcoin protocol. The primary goal is to minimize necessary code changes for existing Bitcoin full nodes, wallets, mining pools, and mining hardware. However, if changes are made to the existing blockchain, a hard fork needs to be implemented. To avoid changing the format of the block header, which would make the cryptocurrency incompatible with Bitcoin-specific mining hardware, the Merkle root hash of the notification part is stored in the input value of the standard coinbase transaction. If a hard fork is required, our aim is to make the transition as easy as possible for existing cryptocurrency users. All existing script categories retain their behavior, so all cryptocurrencies in existence before the hard fork can be spent in the usual way. However, we strongly recommend switching to the newer, more secure scripts.
Founding Team and Background of BTCV:
The details of the BTCV team are not clear.
The current price of BTCV is $1.17, with a 24-hour trading volume of $11.4010 million. BTCV has fallen by 1.26% in the past 24 hours. Its market capitalization is currently unavailable. Its circulating supply is currently unavailable, with an issuance amount of 21 million BTCV." |
| Issue Date | |
| All-Time High | $487.56109 |
| All-Time Low | $0.60981062 |
| Total Supply | 21000000 |
| Circulating Supply | 0 |
| Circulating Supply Percentage | 0 |
| Market Cap | NaN |
| Fully Diluted Market Cap | $5.561223333333334e-8 |
| Mkt Cap (Float) | $ |
| Circulating Market Cap % of Global Total | |
| Listed on Exchanges | 4 |
| Official Link | https://www.bitcoinvault.global/ |
| Whitepaper | https://bitcoinvault.global/bitcoin-vault-whitepaper.pdf |
| Blockchain Explorer |
"http://explorer.bitcoinvault.global/"
|
| Telegram |
"https://t.me/bitcoin_vault"
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| Github | https://github.com/bitcoinvault/bitcoinvault |
| Twitter | https://twitter.com/vaultbitcoin |
| FaceBook | |
| Reddit | |
