Bitcoin BEP2 (BTCB) is a stable digital currency (1 BTCB=1 BTC) issued by Binance that anchors the value of BTC. It is issued openly and transparently in accordance with the 100% margin system.

Project Advantages

Free payment
Any amount of funds can be paid and received instantly whenever and wherever. No bank holidays, no borders, no imposed restrictions. Bitcoin allows its users to have complete control over their funds.

Choose your own handling fee
Currently, there is no handling fee or only a very small handling fee for processing Bitcoin payments. Users can include the handling fee in the transaction to encourage faster transaction confirmation and receive transaction confirmation sent by the network faster. In addition, there are also merchant processors that assist merchants in processing transactions, exchange Bitcoins into legal currency every day and deposit funds directly into merchant’s bank account. Because these services are all based on Bitcoin, they can offer far less than PayPal or credit card network fees.

Reduce the risks of merchants
Bitcoin transactions are secure, irrevocable, and do not contain sensitive or personal information from customers. This avoids losses caused to merchants due to fraudulent or fraudulent order refunds, and there is no need to comply with PCI standards. Merchants can easily expand new markets where credit cards are unavailable or where fraud rates are unacceptably high. The end result is lower handling fees, a larger market, and fewer administrative costs.

Safety and Control 
Bitcoin users have complete control over their transactions; merchants cannot force charge fees that should not be found or are not easy to discover that may occur in other payment methods. Paying with Bitcoin can eliminate the need to bind personal information in the transaction, which provides great precautions for identity theft. Bitcoin users can also protect their funds through backup and encryption.

Transparent and neutral
All information about the Bitcoin fund supply itself is stored in the blockchain and can be verified and used in real time by anyone. No individual or organization can control or manipulate the Bitcoin protocol because its protocol is cryptographically secure. So we can trust that Bitcoin is completely neutral, transparent and predictable.

Certificate of Work

To implement a peer-to-peer timestamp server, we need to use a proof-of-work system similar to the hash currency proposed by Adam Back, rather than a newspaper or newsgroup post. Proof of work takes a search for a number so that when hashed, such as using SHA-256, the resulting hash value starts with several 0 bits. The average workload will increase exponentially with the required 0 bits, but only one hash is performed.

For our timestamp network. We implement the proof of work by adding a random number to the block until the hash value of the block meets the required 0 bits. Once the CPU computing power is consumed, the block can not be changed unless the work is redone. Since the subsequent block is linked behind this block, changing this block will require redoing all subsequent blocks.

Proof of work also solves the problem of determining the way to vote in most decisions. If most are decided by IP address voting, it will likely be destroyed by people who can allocate a large number of IP addresses. Proof of Work is essentially a vote by CPU. The longest chain represents most decisions because there is the energy to invest in the maximum proof of work on this chain. If most CPU computing power is controlled by honest nodes, honest chains will grow the fastest and surpass other competitive chains. To modify a block in the past, the attacker must redo the proof of work of this block and all subsequent blocks to catch up and surpass the work of the honest node. We will later show that the probability of a slower attacker catching up with an honest node will decrease exponentially as subsequent blocks are added.

In order to offset the increase in hardware computing speed and balance the benefits of operating nodes during different periods, the difficulty of proof of work will be determined by the moving average method of determining the average of the generated blocks per hour. If the blocks are generated too quickly, the difficulty of generation will increase.