BITRAE
Bitrae is the cryptocurrency designed by miners, for the mining community.
ABOUT
As a pioneering, lightweight version of Bitcoin, Bitrae addresses the needs and preferences of today’s miners.
With no pre-mine, Bitrae ensures a level playing field, underscoring our commitment to fairness and decentralization.
Key features
Scrypt Algorithm
Bitrae adopts the scrypt algorithm for its proof-of-work mechanism, a deliberate choice aimed at ensuring greater mining accessibility. This algorithm is designed to be more memory-intensive, mitigating the dominance of ASIC mining and fostering a more decentralized mining environment.
Fast Transaction Confirmations
With a block target time of 37 seconds, Bitrae significantly reduces transaction confirmation times. This enhancement improves usability for everyday transactions and increases the network’s capacity to handle more transactions efficiently.
Community-Driven Development
Bitrae is a testament to the power of community-driven development. Created with no pre-mine, every Bitrae coin in circulation is the result of the hard work and dedication of our miners. This approach guarantees a fair start and equitable opportunity for all participants, reinforcing our vision of a decentralized and accessible cryptocurrency.
Sustainable Economic Model
Bitrae employs a subsidy halving mechanism, reducing mining rewards approximately every four years. This deflationary model is designed to create long-term value and sustainability for the currency.
Decentralized Network
With its focus on memory-intensive mining, Bitrae aims to democratize mining participation, preventing centralization by large mining farms. This ensures a more robust and resilient network.
Transparency and Fairness
Bitrae’s commitment to no pre-mine and open development practices ensures transparency and fairness from the outset. Every coin is earned through mining, reflecting the true spirit of a decentralized cryptocurrency.
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TOKENOMICS
Ticker
Block Reward
Block Target Time
37 Secs
Coin Halving
Total supply
Difficulty Adjustment
2043 blocks
Pre Mine
Algo
P2p Port
Rpc Port
Total supply
Difficulty Adjustment
2043 blocks
Pre Mine
Algo
P2p Port
Rpc Port