Another alternative project of Chinese developers is launched in the network of bitcoins. Super Bitcoin combines the features of the original bitcoin and Bitcoin Cash.
On December 12, the block # 498888 hosted a hardcore and a new version of Bitcoin Super Bitcoin was born. The block was extracted by the Chinese mining pool AntPool.
he slogan of the project is "Let's make bitcoin great again".
The main characteristics of Super Bitcoin will be an increase in the block size limit of up to 8 MB, as well as the ability to perform transactions using smart contracts similar to those currently used on the Ethereum network. Also, the Super Bitcoin protocol will support the Lightning Network and SegWit. In addition, it is planned to increase the level of privacy of transactions.
The project is developed by a group of Chinese researchers, among them Chinese entrepreneurs Li Xiaolai, Jai Peng Lin and developer Ranger Shi.
"Remember - this is just an experiment. We are ready to implement the proposals put forward by the bitcoin community. Only through discussions can we again make bitcoin great, "says the website of the project.
The issue of a new coin will be 1% higher than that of bitcoin, and will amount to 21 210 000 coins. Of these, 210,000 SBTC will be produced by pre-prime, that is, pre-mining. These funds will be used to develop the project and pay for the work of the team.
In recent months, the number of forks of bitcoin has increased dramatically. The creation of a new coin by splitting off the original bitcoin from the blockage is often initiated by Chinese developers and entrepreneurs. In connection with the ban on Initial Coin Offering in China, forks are used as a substitute for the prohibited method of attracting financing.