TLDR
- Bitcoin.ℏ consumes only 0.000003 kWh compared to Bitcoin’s 703 kWh.
- It offers over 10,000 transactions per second with $0.001 fees.
- Decentralized governance encourages community participation and innovation.
Bitcoin.ℏ is attracting attention in the Hedera Hashgraph ecosystem. The project is notable for its focus on environmental sustainability and robust security features. It emerges as a potential leader due to these qualities, although details about its creators remain undisclosed.
The project’s identity is largely community-driven, leveraging the Hedera Token Service (HTS). Despite the project’s growing presence, there are no known publicly identified founders or influential figures like top Key Opinion Leaders (KOLs) associated with it. For more information, one can engage through its website and active Telegram channels.
Sustainability and Security: Key Features of Bitcoin.ℏ
Bitcoin.ℏ claims to offer significant advantages over traditional Bitcoin. These include being environmentally friendly and quantum-resistant by utilizing Hedera Hashgraph’s architecture, which avoids traditional blockchain mining. This approach allows Bitcoin.ℏ to consume only 0.000003 kWh compared to Bitcoin’s 703 kWh.
The project is designed for scalability, offering over 10,000 transactions per second (TPS) with instant transaction completion. The affordability is underscored by extremely low fees, fixed at $0.001, which highlights its accessibility compared to traditional Bitcoin. Advanced cryptography ensures quantum resistance, potentially safeguarding against future threats.
Governance and Community Engagement
Bitcoin.ℏ emphasizes a decentralized governance model, relying on active community participation rather than a single governing council. This model is intended to ensure sustainable project development and encourage diverse contributions from the community.
Engagement through decentralized governance enables flexibility and innovation. The official Telegram channels suggest a positive community sentiment, with discussions centered around technology adoption and governance. For ongoing updates, the Twitter feed provides a channel for community interaction.
Current Market Presence and Comparisons
As of now, Bitcoin.ℏ’s market impact is still developing. There are no recorded major grants, venture capital rounds, or exchange listings for Bitcoin.ℏ. According to available public resources, specific liquidity and transaction volumes remain unreported. Consequently, its direct impact on major cryptocurrencies like BTC or ETH is not substantial as yet.
Analogies to past events, like the launch of wrapped versions of major assets, suggest that an eco-friendly and quantum-resistant model might attract attention, especially if they align with governmental sustainability interests. However, significant impacts tend to follow major listings or community support, highlights that Bitcoin.ℏ has not yet fully realized.
Relationships with Existing Cryptocurrencies
The main cryptocurrencies connected to Bitcoin.ℏ include Hedera’s own HBAR, given that Bitcoin.ℏ operates natively on Hedera Hashgraph. While it positions itself as a potential green alternative within the market, Bitcoin.ℏ remains distinct as its adoption and traction continue to evolve.
Potential competition may arise among other green-focused and security-oriented assets, depending on Bitcoin.ℏ’s adoption metrics and real-world use cases. However, verifiable developer activity, like GitHub commits, and community actions play a crucial role in further growth and validation.
“Bitcoin.ℏ’s core ecosystem has taken a novel approach… it only consumes approximately 0.000003 kWh, compared to Bitcoin’s 703 kWh…. Bitcoin.ℏ remains quantum resistant. These advantages give Bitcoin.ℏ a truly decentralized appeal. With the community having all the power… offer more innovative use cases.”
Bitcoin.ℏ Project
No official endorsements from notable figures like Vitalik Buterin or institutional policies specific to Bitcoin.ℏ have been identified yet. Further developments in the project’s life cycle could potentially attract such attention.
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