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:
- Bitcoin2 on Solana Network: Total Supply 21,000,000 / Symbol: BITCOIN2 / SPL tokens
- Bitcoin2 on Ton Network: Total Supply 21,000,000 / Symbol: BITCOIN2 / Jettons
- Bitcoin2 on Binance Smart Chain: Total Supply 21,000,000 / Symbol: BITCOIN2 / BEP-20 tokens
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
