BitCoin Rhodium (BTR) … don’t let the name fool you. It isn’t another fork of Bitcoin (BTC) like Bitcoin … Cash, Gold, Diamond, Super, Atom or the myriad of other Bitcoin clones out there. BitCoin Rhodium did not fork off the Bitcoin blockchain, but rather, has its own brand new blockchain that was built from scratch by an anonymous team of developers.
While the majority of the numerous Bitcoin fork coins have a capped supply of 21 million or more (Bitcoin Diamond, for example, has a 210 million cap), there will only ever be 2.1 million BitCoin Rhodium. Yes, that decimal point is not a typo, it’s two point one million. Obviously this means that Bitcoin holders couldn’t be rewarded 1 coin for every BTC they hold, as was the case with most of the forked cryptocurrencies. Instead, BitCoin Rhodium was distributed via airdrop to Bitcoin holders who registered wallets for it, at a ratio of 10 BTR for every 1 BTC. There was also an opportunity for non BTC holders to register an empty Bitcoin wallet and receive 5 BTR. In both of these cases there were caps in place.
During the past week, a group of ten miners on the BitCoin Rhodium Discord channel were given access to mine on the testnet and make transfers between test wallets. This has now been opened up to others via Discord who want to be involved.
With this hive of testnet activity, and the regular resolution of platform issues shown on BTR's GitLab, one thing is clear ... BitCoin Rhodium's launch is drawing near. So if you're a cryptocurrency miner seeking extremely rare treasure, or an investor looking for a scarce and precious commodity in which to store value, BitCoin Rhodium, a new crypto asset, awaits you.
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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