PREAMBLE
Before we dive into the BitCoin One Review, let’s have a general look at the crypto market and the problems it faces.
The cryptocurrency market has seen vast expansion in the last two years with continued increase in market capitalization and in the number of cryptocurrency coins and tokens (which collectively total more than 1,800). This is a result of media hype and media coverage of the crypto market, as well as its unregulated nature that has allowed vast participation by even the most uninformed of retail investors.
This is not surprising as the crypto market far outpaced other markets by staggering amounts. Some cryptocoins gained as much as 20,000% between 2016 and 2017.
The average cost of sending a bitcoin transaction is cheaper than it's been in a year and a half, showing the price isn't the cryptocurrency's only unpredictable metric these days.
But with all the debate about growing fees, this might come as a surprise. After all, it wasn't so long ago that fees were so high a group of prominent investors and miners created a whole new version of bitcoin mostly to keep fees lower.
Backing up a bit, much of the conflict centered on the fact that while called "fees," these expenses are best considered as transaction costs that are necessary to the network, as necessary as paying for someone to deliver a protocol service, be it SMS, VoIP or email, or even a pizza.
This is because bitcoin is software that requires all of the many thousands of computers that run it to stay in sync. To do so easily, there's a limit on how much data the network can process at intervals, and users need to pay more to get their transactions in at times of congestion.
So, as bitcoin grew more popular in the last year, fees skyrocketed to over $25, according to a graph from data website Bitinfocharts. Bitcoin users, those who truly rely on the protocol for essentials, have been affected by this, as were those who believed bitcoin could be competitive with legacy payment systems.
INTRODUCING BITCOIN ONE
DEXs (Decentralized platforms) are the future of cryptocurrency assets due to some setbacks on the Centralized platforms. I will give you some real life instances in this article. Enjoy reading!
Blockchains and cryptocurrencies were envisioned as community-oriented open-source initiatives where the participants of a decentralized network have the power instead of a central authority. This has held true with the exception of dev teams that still have a significant say in the project. Often times blockchains have a leader that everyone believes in and follows, limiting the effects of decentralization, however, it is not that big of a deal.
BitCoin One is a form of decentralized platform, decentralized cryptocurrencies like Bitcoin and Ethereum have strong advantages over that of centralized financial systems, primarily because of their ability to function and operate without a single point of failure, which hackers and bad actors can target.
The debate of decentralization versus centralization is always polarizing. Decentralization is seen as a good thing in the cryptocurrency world. It turns anything that’s normally controlled by overbearing centralized authorities into a slippery eel that’s hard to shut down on. You get the same access to platforms like that of BitCoin One as everybody else because there’s no centralized third party controlling these platforms and telling you that you have to provide this bank account information and that photo ID card before you can download them. Nobody is going to yank your listing just because some snowflake got offended or shut down your account as a result that you received an unusually large payment.
Centralized platforms are the exact opposite of what has been mentioned above; there is a direct conflict between what they represent and blockchain values.
On the other hand, a truly decentralized exchange works in a distributed way through a blockchain, with orders and information routed in a peer-to-peer protocol. This way, you are entrusting a system of hundreds of independent nodes instead of a single centralized entity, like an exchange. BitCoin One was born out of a shared vision to develop a more efficient global financial system.
The flexibility of trading in multiple cryptocurrencies is what interests the team members to have come up with this great idea of BitCoin One, but they were fed up with the inefficiencies of centralized exchanges. So they created BitCoin One to integrate the best of a P2P decentralized platform with the deep liquidity of a centralized exchange, which makes trading faster, easier, more secure and gives the token holder a share in the profits.
BitCoin One is a community driven project Decentralized meaning that on the platform there is no state or company is controlling it, the Ecosystem is based on people helping out in marketing, support and development.
Valid Points to Note of the BitCoin One project:
BitCoin One is developing projects with a use case, that be Wallets and Mobile Crypto APP.
BitCoin One has a good set of core values.
BitCoin One even has a pool with 2 million BTCONE / 2 million B1P that is being allocated for charity projects. This is to be distributed to 40 different projects around the globe.
Are you a crypto enthusiasts/investor/trader looking for a stable and secure coin to invest? If your answer is YES, then you are on the right page as BitCoin One (also known as BTCONE) is the best choice for you. This article will go a long way to expose you to why you should choose BitCoin One (BTCONE) and add to your portfolio!
Recent Developments on the BitCoin One platform and you as a crypto enthusiast should get along with this amazing new innovation:
i. Successful creation of Telegram-bot as well as Discord-bot that both working perfectly and doing many tasks easier.
ii. Great community growing exponentially.
iii. Added in 3 new exchanges: Enclaves, Tokenjar & Extoke.
iv. Team readily available for the community.
v. Added 3 expert developers on the team, 2 Marketing personnel, 1 Designer and 1 Ambassador from South America.
vi. New Website ready.
vii. Successful Snapshot Event: Sent out B ONE Payment Tokens to all BitCoin ONE holders in the ratio 1:1.
viii. BitCoin One website is officially live and the team is working on B ONE Payment Site further App. Bitcoin One holders got B One Payment tokens during a snapshot in July, 2018, and later they will have a share in this project.
ix. The massive growth of Telegram community reached 20,600 members, 9,100 on Twitter and other social channels.
x. Allocation of a percentage of tokens for charity and projects to help people get out of poverty (2 millions of BTCONE for 40 projects).
xi. Continuously developing the B ONE Payment (B1P) site, Desktop Wallet BTCONE, and B1P App.
xii. New redesign of whitepaper in many languages as seen below;
xiii. BitCoin One is developing its own blockchain to ensure even faster transactions than those on the Ethereum Network (proof-of-stake).
xiv. Already listed on many good cryptocurrency exchanges such as Cryptaldash, Bitebtc, and so on.
xv. BitCoin One is a project that stands out and helps local community to benefit from the New Blockchain Era. In fact, this particular project is social and has an online presence and also doing Meetups to grow the community. Further team members are in 2018 attending 5 BlockChain Summits / events such that they have hands on what are going on in the scene.
xvi. It is a wonderful Project, with a powerful and Professional team that approached the intuition possibilities very interesting, I hope this project will go to the moon, and this project is trusted to investor as all People to work in Crypto Market.
BitCoin One is a community-driven project Decentralized meaning no state or company is controlling it, the Ecosystem is based on people helping out in marketing, support and development.
BitCoin One is a network-based undertaking. Decentralized implies that no nation or organization controls it. Biological communities depend on individuals who help in promoting, bolster and advancement. What is required is an electronic installments framework in view of cryptographic verification rather than trust, allowing any two willing gatherings to execute straightforwardly with each other without the requirement for a confided in third, clarifies Nakamoto in the Bitcoin whitepaper.
BitCoin One is a cryptographic money and a decentralized task, and we would love to see individuals and organizations around the globe to receive what our venture would do to encourage them, particularly taking control of their own assets. Additionally, BitCoin One is decentralized money that fills in as the worldwide installment framework. Organizations, people and colleagues can send and get reserves utilizing BitCoin One advanced cash.
THE MOTIVE BEHIND BITCOIN ONE
BitCoin One needs to have any kind of effect and that is the thing that this venture and mission are about. The project intends to have any kind of effect for every one of the general population that don't have a financial balance.
BitCoin One is creating ventures with utilizing cases, which are Crypto Wallets and Applications. They have a decent arrangement of center qualities and even have a pool with 2 million BTCONE/2 million B1P assigned to philanthropy ventures. This will be dispersed to 40 unique ventures the world over.
Colleagues are going to the 5 BlockChain Summits/occasions in 2018. They have the effect on what is occurring at the scene.
SPECIAL FEATURES OF THE BITCOIN ONE PLATFORM
BitCoin One will solve the High Transaction cost of the Old Bitcoin: This is one of our biggest problems that will be given a solution through the innovative idea behind the BitCoin One project.
Slow transaction speed: This will solve the problem of the speed of transaction of the old Bitcoin.
Freedom and Decentralization.
Develop its own BitCoin One blockchain: In order to ensure even faster transactions than those on the Ethereum network, ensuring almost instant transfer of funds, this is greatly being considered on the BitCoin One platform.
Develop a Virtual Wallet / Mobile Crypto App: This is for the purpose of safe storage on the BitCoin One funds in either PC or Mobile.
BITCOIN ONE LAUNCHED RECENTLY A GOOGLE CHROME WALLET
BitCoin One Desktop Wallet for MAC OS: With this Desktop Wallet, you can easily transfer and receive BitCoin One (BTCONE).
You can as well track the price directly and send/receive Ethereum on it.
It only supports BitCoin One and Ethereum, not other tokens.
Download the .dmg file for MAC OS
Take Note of this: Remember to write down your Seed Phrase.
TOKEN INFORMATION
Token Name: Bitcoin One
Token Symbol: BTCONE
Decimals: 18
Token Type: ERC20
Total Supply: 21,000,000 BTCONE
Circulation Supply: 10,000,000 BTCONE
TOKEN DISTRIBUTION
47.6%: Snapshot
42.4%: Developer Team
10%: Bounty & Marketing
BitCoin One is listed on CoinMarketCap...
ROADMAP
By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the BitCoin One Roadmap is step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the BitCoin One Roadmap, well elucidated kind of roadmap:
MEET THE TEAM
The founding team of the BitCoin One project is a highly experienced group of entrepreneurs having backgrounds in Technology, Finance and Marketing who are all driven by their natural inclinations to pioneer transformation.
Below are the brains behind this amazing project:
CONCLUSION
The idea of the innovation which is behind the BitCoin One project is a very lucrative and sophisticated one. The team comprises of individuals who are very much experience in the areas of business, blockchain, software, entrepreneur, finance, technology and development. BitCoin One is a project that stands out and helps local community to benefit from the New Blockchain Era of its innovation. Furthermore, it is social and have an online presence and also doing Meetups to grow the community. If you, most especially as a crypto enthusiast want to see crypto validated through a working business that has social impact by yielding profit to hundreds of millions unto those that happens to be the early stage investor, then join the BitCoin One project now and change the world. And you will be glad you did!
Use the links below in order to stay connected with the project for progress updates and participation:
WEBSITE: https://www.bitcoinone.io/
WHITEPAPER (ENGLISH): https://www.bitcoinone.io/whitepaper/english/
FACEBOOK: https://www.facebook.com/BitCoinONEPayment
TWITTER: https://twitter.com/THEBITCOINONE
INSTAGRAM: https://www.instagram.com/bitcoinone
TELEGRAM: https://t.me/TheBitCoinONE
WEEKLY REPORT: https://www.bitcoinone.io/weeklystatus.html
DOWNLOAD GOOGLE CHROME WALLET: https://chrome.google.com/webstore/detail/bitcoin-one/loifgkdfkjcajhlifgaclocngoinaeem
WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F
