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BitcoinGo

Bitcoin Inspired Ethereum Token Using Proof-of-Stake Mechanism To Reward Holders

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What is BitcoinGo?


BitcoinGo is the first Bitcoin inspired token implementing Proof-of-Stake algorithm. It's built on the Ethereum network and implements all the functionality and standards of classic ERC20 token. On top of that BitcoinGo implements the Proof-of-Stake system, meaning that holders of BitcoinGo can earn extra tokens just by holding BitcoinGo on their wallet for a period of time.

BitcoinGo will start with the innitial supply of 1.000.000 BITGO, that will be locked in a 1M Reward Vault contract. In the initial phase everyone can contribute to get a share of the 1M Reward Vault staking revenue. After a condition is met, all of that 1M tokens will be evenely distributed between the top 10% addresses holding BITGO. After the initial phase is over, contributors will periodically receive staking rewards based of their share in the 1M Reward Vault.


All of the BitcoinGo tokens will be distributed to the community via airdrops, bounties, staking and more...

70% - Prizes for Players
12% - Advertising Fund
10% - Commission for Token Holders
5% - Technical Costs
3% - Legal

Why BitcoinGo?


Reason to develop BitcoinGo or "tokenized Bitcoin" is mainly to support old technology. With very first Bitcoin hybrid Proof-of-Stake & Proof-of-Work protocol.

Exciting tech

Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions, Private Instant Verified Transactions (full-time private transactions), Obfuscation Mixing Mechanism.

Energy and Efficiency

Proof of Stake is a highly energy efficient method of securing a coin's blockchain. Mining does not require the intense computing power, only a small amount of CPU power.

Masternodes

Masternode technology is used fer securing the network with positive side effect of stabilizing the market price. Holders are rewarded with block rewards.

Extra Privacy

Full privacy is secured by technology making the transactions untraceable. Anonymous transactions are achieved by using Obfuscation Mixing Mechanism.

Instant transaction

Transfer your money instantly with SwiftTX, guaranteed zero confirmation transactions. This allows the network to function at optimal efficiency and guarantee steady transaction processing.

Secure transactions

Public-key cryptography, in which a pair of a public and a private cryptographic key is generated. The core network is maintained by coin holders and the PoS reduces the risk of 51% attacks.

PoW schedule


5% To Proposals For All Phases 95% Distributed to stake wallet and masternodes
Block 1 16 Billions BITGO pre-mined *
Blocks 2 – 10,124 PoW 2500 Coins per Block for 10,123 Blocks
Blocks 10,125 – 151,200 2500 BITGO
Blocks 151,201 – 302,399 1250 BITGO
Blocks 302,400 – Infinite 1000 BITGO

Coin details


PoW Algorithm Quark
Ticker BITGO
Block Time 60 seconds with re-targeting after every block
Total Supply 12,025,310,000 BITGO
Port 51572
Minted Confirmations 90
Transactions Confirmations 6
Masternodes 10,000,000 BITGO per Masternode
Stake Min Age 7 days
Transaction Fee 10 BITGO per transaction

BitcoinGo Wallet


Official BitcoinGo wallet. You can download it from the sources below or view the source code on GitHub.