Question 1

What's the price of BitcoinX (BCX) today?

Accepted Answer

Today, the price of BitcoinX (BCX) is € 0.0000172\u003cspan class='text-neutral-500 dark:text-neutral-400'\u003e0\u003c/span\u003e. Over the past 24 hours, the price has increased by +0.00%.

Question 2

What is BitcoinX (BCX)?

Accepted Answer

BitcoinX (BCX) is a fork of the original Bitcoin blockchain. The hard fork occurred at block 498888 with the aim of innovatively improving the functionalities of the Bitcoin network. Combining sophisticated technologies such as zero-knowledge proof, DPOS consensus, and smart contract technology, BitcoinX strives to become an extensively reliable, easy-to-use and highly efficient network. Keeping environmental sustainability in mind, the BCX network aspires to build an ideal Bitcoin network that harmoniously caters to the requirements of a future society.

Question 3

Who is behind BitcoinX?

Accepted Answer

The team behind BitcoinX has not publicized specific details about its individual members. However, being a Bitcoin fork, the origins of BitcoinX can be traced back to the original Bitcoin blockchain, the creation of the pseudonymous person or group of people known as Satoshi Nakamoto.

Question 4

How does BitcoinX work?

Accepted Answer

Just like Bitcoin, BitcoinX operates on a decentralized blockchain network but offers enhanced functionalities. It integrates advanced features, including zero-knowledge proof, smart contract, and Delegated Proof-of-Stake (DPOS) consensus mechanism. The Zero-knowledge proof ensures full anonymity for BCX users, allowing them to make transactions without revealing their identity. Smart contracts automate the execution of transactions upon meeting agreed-upon conditions, reducing the chance of fraud and third-party interference. Lastly, the DPOS consensus mechanism provides better scalability and energy efficiency as compared to the traditional Proof-of-Work system used in Bitcoin.

Question 5

What factors differentiate BitcoinX from Bitcoin?

Accepted Answer

BitcoinX brings three main features to the table that differentiate it from the original Bitcoin blockchain. First, it includes zero-knowledge technology which offers a higher level of privacy for its users. Second, it introduces smart contract functionality to the Bitcoin network, allowing for automated and secure transactions. Lastly, BitcoinX uses a DPOS consensus model which provides better scalability and is more energy-efficient compared to Bitcoin's Proof-of-Work model.

Question 6

How secure is the BitcoinX network?

Accepted Answer

The BitcoinX network uses DPOS consensus, which is known for its high level of security. This consensus algorithm relies on a system of representatives to validate transactions, increasing efficiency and making it more difficult to compromise the system. In addition, the Zero Knowledge proof and smart contract technology also contribute to the network's security. The former allows users to verify transactions without revealing their identity, further enhancing privacy. The latter ensures that transactions are only executed once agreed conditions are met, thus enhancing the network's trustworthiness.

Question 7

How much BitcoinX is currently in circulation?

Accepted Answer

Currently, there are  BCX tokens in circulation out of a total supply of 210.0B.

Question 8

Where can I buy BitcoinX (BCX)?

Accepted Answer

BitcoinX (BCX) can be purchased on the following exchanges: OKEx, Huobi.pro, Gate.io, AEX.

Question 9

How do I ensure the safety of my BitcoinX?

Accepted Answer

To ensure the safety of your BitcoinX, it is advisable to store them in secure wallets rather than leaving them on exchanges. Look for a hardware or software wallet that supports BCX and remember to always keep your private keys private. Regularly updating your wallet software can also help in maintaining the security of your BCX tokens.

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