Bitcoin Clashic price is $0.00489658
We observe daily fluctuations in the cryptocurrency market, and Bitcoin Clashic (TNET) is no exception. As of now, Bitcoin Clashic (TNET) has a price of $ 0.00489658. In the past 24 hours, it has increased by +0.00%%. Always remember that cryptocurrency prices are highly volatile, so they can change rapidly within short periods.
Bitcoin Clashic (TNET), previously known as Bitcoin Core $BTCC and even earlier, Bitcoin Clashic, is a cryptocurrency that aims to honor the original vision of Bitcoin as a peer-to-peer electronic cash system with larger block sizes. Under its rebranded identity as Title Network, it maintains a block size of 8MB, which is larger than Bitcoin's original 1MB, potentially allowing for more transactions per block and improved scalability.
Bitcoin Clashic operates with a 1-minute block target time, which means that a new block is aimed to be produced approximately every minute. This is significantly quicker than Bitcoin's 10-minute target. The network uses a 30-period Difficulty Adjustment Algorithm (DAA) to ensure mining difficulty is adjusted to maintain the target block time despite the fluctuating network hashrate. Additionally, Bitcoin Clashic utilizes Blake2b, a cryptographic hash function, as its Proof of Work (PoW) algorithm, differing from Bitcoin’s SHA-256.
Bitcoin Clashic distinguishes itself by its commitment to larger block sizes of 8MB compared to Bitcoin’s 1MB. This theoretically improves transaction throughput and is an approach initially taken by Bitcoin Cash before the Bitcoin Clashic fork. The project's decision to use a different PoW algorithm and a shorter block time could also affect both miner engagement and the overall network dynamics.
Similar to Bitcoin, Bitcoin Clashic functions within a decentralized network framework. It uses blockchain technology where each block contains a list of transactions. With its 1-minute block target and a 30-period DAA, the network aims to maintain consistent block times and transaction processing speeds, while Blake2b PoW ensures mining remains computationally intensive yet distinct from Bitcoin’s algorithm, potentially allowing a more diverse range of miners to participate in the network.
The circulating supply of Bitcoin Clashic is currently at coins. However, the information on whether Bitcoin Clashic has a maximum supply similar to Bitcoin’s 21 million cap is not specified. The supply dynamics plays a crucial role in the economics of the cryptocurrency, influencing its scarcity and potential value.
Bitcoin Clashic (TNET) is available for purchase and trade on a variety of cryptocurrency exchanges. You may find it on CREX24, SouthXchange, where it can be traded against other cryptocurrencies. It’s important to use reputable exchanges and to be aware of the risks involved in trading digital assets.
Details regarding the technology upgrades and governance mechanisms within the Title Network are not extensively documented. Most blockchain networks, however, have procedures in place for proposing, debating, and implementing changes or upgrades to the network. This could involve the input and agreement of the network's miners, developers, and users.
Keeping your Bitcoin Clashic safe involves following best practices for cryptocurrency security. This typically includes using reputable wallets, enabling strong passwords and two-factor authentication, keeping your private keys secure and offline when possible, and being cautious with online services. Physical hardware wallets are often recommended for storing larger amounts of cryptocurrencies due to their enhanced security features.
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