$0.34
Price (USD)
$5.88 M
Market Cap (USD)
$442
Volume (24h)
17.28 M
CIRCULATING SUPPLY (BTX)

Performance Summary

Percentile Ranking (0-100)

62
Root Rank
72
social
74
usage
43
price performance
66
development

MACD

Description

Bitcore (BTX) is a cryptocurrency that is geared towards a payment system. It solves a lot of the issues that other coins like for example Bitcoin have. Most importantly Bitcore is miles ahead in regards of scaling. Bitcore was created in April 2017 by the talented developers of BitSend (BSD). With Bitcore we created a new blockchain, this means that our blockchain is super-tiny with currently less than 400 MB in size unlike the blockchains of Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond and Super Bitcoin which all are 135 GB+ at the moment. We created a snapshot of the Bitcoin blockchain and copied over 5 million balances from the Bitcoin chain to the Bitcore chain, giving each user that had 0.01 BTC on the snapshot date (2nd of November 2017) FREE Bitcore in the ratio of 1 BTC to 0.5 BTX. It combines the latest Bitcoin crypto technology, including SegWit, Core 0.15 and Bloom, together with a 10 MB block size, fast 2.5 minutes block times, a new low sized blockchain (~400 MB) and completely new tech like the smooth Diff64_15 difficulty algorithm and the GPU-mining algorithm Timetravel10. Total coin supply, the halving schedule and the actual block reward are similar to Bitcoin. The low blockchain size is a result of Bitcore NOT being a fork of Bitcoin like Bitcoin Cash, Bitcoin Gold or Bitcoin Diamond. Instead it uses a new blockchain which makes use of the genuine hybrid fork method.

Quantitative Performance

74 usage
76 metcalfe correlation 0.325
97 metcalfe exponent 0.09
89 normalized metcalfe 1.556
85 daily transactions 113.678
22 trading volume $ 4.09 K
66 development
69 github stargazers 77
80 github forks 83
58 github open issues 2
64 github contributors 12
58 github contributions 391
43 price performance
22 alpha -0.009
41 sortino -0.251
44 sharpe -0.16
53 treynor -0.019
63 upside 116.779
29 downside -195.793
42 upside / Downside 0.596
53 marketcap $ 10.6 M
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