Title: What is Bitcoin2 - FAQ Post by: LoneWolf on September 09, 2024, 02:00:30 AM (https://bitcoin2.io/btc.png) Q: What is Bitcoin2? A: Bitcoin2 is a second-generation ecosystem that takes advantage of the most popular blockchain networks. Q: Who can participate? A: The Bitcoin2 project will enable the community to participate in its creation and development, as well as to suggest changes and proposals, aiming to become a second-generation independent ecosystem. Q: Is it another Bitcoin fork? A: No, Bitcoin2 is not even a layer 1 protocol. It relies on many layer 1 major protocols, as a layer 2 protocol. Q: Bitcoin2 uses PoW algorithm? A: No, Bitcoin2 taking advantage of other layer 1 protocols as a PoS. Q: On which networks will Bitcoin2 initially operate? A: Most common EVMs such as Ethereum, Binance Smart Chain, Polygon as well as Ton Network, Solana and more.. Q: Will those networks be connected in any way? A: Each Bitcoin2 project will operate individually.For example:
Q: What is the tokens distribution? A: The forum community will decide. And no, I will not keep 1,000,000 tokens. Q:Last but not least, what is the utility of Bitcoin2? Will there be staking, yield opportunities, governance, etc.? A: The forum community will decide. The only thing I can confirm is that supporters will receive early tokens in exchange for their contributions here. Q: Why using smf forum in the first place? A: I happen to be very familiar with SMF forums, and an additional reason is that Bitcoin also started with SMF. Q: Are you going to use Telegram or Discord just like other major projects do? A: No, only SMF forums. i dont like both. Instead we will have an X account! TBA |