0xBitcoin Price

0xBitcoin is an ERC-20 token that strives to replicate the supply dynamics of Bitcoin, a widely recognized leader in the cryptocurrency space. With a fixed total supply capped at 21 million tokens, just like Bitcoin, 0xBitcoin aims to bring the reliability and scarcity associated with Bitcoin to Ethereum’s vibrant network.

The project employs a proof-of-work (PoW) consensus algorithm, adapted to operate efficiently within the Ethereum blockchain. This approach allows miners to contribute to securing the network while earning rewards in the form of $0xBTC tokens. The execution of this process through smart contracts provides an autonomous and decentralized mechanism for verifying transactions, making 0xBitcoin a promising contender in the realm of digital currencies.