BitcoinWhite is unique, fast and flexible platform, it is a wonderfull example of using blockchain technology for decentralized applications, and BTW is it’s dedicated cryptocurrency. BitcoinWhite sidechain (sidechain is modified, improved Bitcoin-like blockchain) makes it easy instant and secure communication for devices, IoT and economy of the future at all. The community is sharing the opinion “BTW is a kind of ETH v.2.0”, however it is not ERC20-based. Today we will study BitcoinWhite’s architecture fundamentals, the delegate system.
BitcoinWhite system is based on the work of top 101 delegates, whom are selected by community’s voting. Being a delegate means you have enough respect from the BTW users. Delegates run Bitcoin White Node servers. The team members are able to create new blocks (for new transactions), by taking a little fee from them who initiated the transation (and caused generating fees for creating new blocks, the same as mining in Bitcoin network, the difference is that only top 101 of delegates are rewarded). Bitcoin White system uses consensus mechanism which is based on Delegated Proof of Stake (DPOS).
You can find details on Bitcoin White Node Installation by following the link https://bitcoinwhite.org/docs2.0/#install
https://t.me/BTW_Community
https://bitwhite.org/
Daemon - BitWhite Team
