What Is EtherBTC?


Over the past few years, we have seen many altcoins come and go. Throughout 2017, it became apparent that most ERC20 tokens were the new altcoins. As such, we have seen multiple attempts to seemingly combine the best of both Bitcoin and Ethereum in one package. EtherBTC is the latest such project, although it remains to be seen if there is even a chance it will succeed. The airdrop of this new token will occur next month. EtherBTC is Another Hybrid Cryptocurrency Even though Bitcoin and Ethereum are two very different cryptocurrencies, most people acknowledge they both have interesting features to offer. Unfortunately, there is no currency which seemingly combines the best of both worlds right now, but that can be changed relatively easily. That is what the EtherBTC team wants everyone to believe, anyway, as their new ERC20 token will have traits found in both Bitcoin and Ethereum. It’s an ambitious goal, although it’s not the first time someone has attempted to offer such a hybrid cryptocurrency. To put this into perspective, EtherBTC is not a security, unlike most other ERC20 tokens in existence today. The team wants to position this hybrid creation as a decentralized and peer-to-peer currency similar to how Bitcoin, Ethereum, and Litecoin operate. With a maximum supply of 21 million ETHB, it also seems to follow Bitcoin’s issuance model. We have seen a few other projects slap on a few extra zeros to their supply, but none have gained any significant traction whatsoever. As one would expect, the EtherBTC currency will make use of the Ethereum blockchain, rather…
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