Bitilluminati - Review

INTRODUCTION

BIC is a decentralized cryptocurrency which is meant for wide usage mainly on USA/Asian/Europe markets but can be used all around the world.

BIC was built on top of the own network. This allows all users to secure each other's transactions by referencing earlier transactions created by other users, and also removes scalability limits common for blockchains, such as block size issue.

The consensus algorithm used to protect from double-spends is based on establishing a total order within the BIC. This is achieved by selecting a chain, called main chain, which gravitates towards units issued by commonly recognized reputable users — witnesses.

 BIC is using own network chain as underlying network but it is totally new asset. All together there have been issued 66 000 000 BICs which means 40*15 microBICs.

By using BIC-chain, BIC is the first cryptocurrency that is targeting developing markets with the capability of being an everyday currency. Having solved the issues of scalability and keeping the cost of transactions fee-s very low, the only challenge is to spread the knowledge about crypto currencies and BIC. For this, extensive marketing campaigns will be run in social media and also in traditional marketing channels alongside with affiliate marketing.

 It is important to educate the end user on what is crypto currency and what are the benefits of using it.

Is The BIC Revolution?

Bitilluminati, is a community managed and managed financial ecosystem to provide investment opportunities and empower everyone by educating them about the world of crypto currency. Its unique design makes the Bitilluminati platform an all-in-one cryptography community that can empower anyone seeking true financial wealth in today's uncertain financial environment.

What factors determine the Bitilluminati price and affect the Bitilluminati ecosystem?

Since Bitilluminati is a decentralized crypto currency, the price is determined by:

ü  Offers and demand are layered with its community network.

ü  Technology behind

ü   Trading and mining of Bitilluminati.

ü   Stalking part (POS).

All related factors together will encourage the Bitilluminati Award and generate value for society in the future. The information below explains how the features of the Bitilluminativir platform are a very useful and useful part.

BIC ASSETS

DEFINITION

BIC is an asset defined at git, a blockless Direct Acyclic Graph cryptocurrency. The advantage of leveraging such technology is that BIC’s are not mined and therefore the whole process of transaction validating is lighter and scalable.

66 million BICs have been defined. The asset definition though actually created begins 1017 base units, called microBICs (μBICs). One BIC is equivalent to one million μBICs.

CODEBASE

The BIC codebase is for the moment made of 3 distinct projects: the client, an explorer and a faucet, respectively forks of the corresponding byteball projects.

The client is available for the following platforms: Windows, iOS, web and Android.

These forks are intended to be slimmer versions of the byteball one, where the parts of the BICchain that are not relevant to the BIC asset are filtered out.

Some additional features are also required and were developed specifically for this asset, such as a faucet.

The most important additional feature, still under development, is aimed to address the problem of transferring the asset from one end-user to another without them having to prefund their wallet with bytes to cover the fee needed to be paid for the units to be validated and processed by witnesses.

For More Information

Website : https://www.bitilluminati.com/BIC/

Whitepaper : https://bitilluminati.com/BIC/document/BIC_Whitepaper.pdf

Telegram : https://t.me/BitilluminatiCoin

Ann Thread : https://bitcointalk.org/index.php?topic=3180300.msg32947411#msg32947411

Facebook : https://www.facebook.com/pg/bitilluminati/community/

Twitter : https://twitter.com/BitilluminatiCo

Android APP : https://play.google.com/store/apps/details?id=com.bitilluminati.bitilluminati

My Profil Bitcointak: https://bitcointalk.org/index.php?action=profile;u=1687366;sa=summary