Dear Hoo users,
Hoo will list BIW/USDT trading pair at 18:00 on October 22, 2020 (UTC+8)
Deposit: 15:00 on October 22
Withdrawal: 15:00 on October 23
Introduction to BIW(BITWORLD)
BIW Hard fork Network is a blockchain network based on Bitcoin, Ethereum and other networks for layer2 settlement and bookkeeping, which is called Bitworld.
When we use the blockchain network to transfer money, under the same conditions, whether it is $0.1 transfer or $100 million transfer, the security level, network energy consumption and speed of this transaction are the same. Transactions are all realized by writing directly into the block through layer1. However, in actual demand, when we conduct small transactions, the first thing we consider is how much the network mine cost is and whether it is suitable for us. For example, it is obviously unreasonable to pay miners 3-5 dollars in mining fees when transferring 0.1 dollars. It is also wasted in layer1 network. After the BIW network is Hard fork , this work will build a layer 2 blockchain network at the Layer layer of Bitcoin and Ethereum to reduce the settlement cost of BTC and ETH. When users make small transactions in Bitcoin and Ethereum, they can choose to use BIW layer2 network for settlement, and the cost is only 1% of the original cost. At the same time, BITWORLD-90 and 120T series mining machines introduced by bitworld will become the main computing power sources of BIW network bitcoin and Ethereum layer2 network. When users use BIW layer2 network to trade BTC and ETH, they need to pay BTC and ETH at the same time, and BIW miners can get this reward. BIW developer community is committed to exploring the development and practice of layer2 layer3 in dapp application under the premise of complete decentralization.
Total supply: 1,000,000,000 BIW
Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved. Your support on Hoo is highly appreciated.
October 15, 2020