Bitcoin Interest ("BCI") is a frictionless global payment system focusing on three key areas Technology, Community, and Savings. Our payment system has a new integrated savings technology that allows our users to park their coins and earn interest.
Bitcoin Interest forked at block 505083.
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Bitcoin Interest is built using the latest technology, focusing on speedy frictionless transactions. Bitcoin Interest can handle many transactions per second while reducing the bottlenecks and lag of the legacy version of Bitcoin.
Our community recognizes that to have a viable and robust ecosystem that the miners must be treated with fairness and respect. Bitcoin Interest is an enhanced Proof of Work ("PoW") Equihash algorithm and will start off with a much lower mining difficulty than Bitcoin allowing the miners in our community to benefit from higher rewards. By utilizing GPU mining, we will see a more decentralized network as we will not be excluding any of the smaller miners. Bitcoin Interest wants to minimize the advantage that specialized hardware miners (such as ASICs) have over commodity hardware setups.
Our savings technology allows our Coin holders to park their holdings and earn weekly or monthly interest payments in the form of Bitcoin Interest ("BCI") coins.
Bitcoin Interest has a well-rounded team; Our Engineers have deep knowledge of Cryptography and Decentralized Systems. We do not Control Bitcoin Interest, nor do we control the mining or distribution of Bitcoin Interest. Our community contributes to the decentralization, helping to protect it from failure. We launched Bitcoin Interest to help the community of miners and coin holders alike, as they are the ones that continue to drive this industry towards success.
Bitcoin Interest (BCI)
Bitcoin Cash (BCH)
|21 Million||21 Million||21 Million|
|PoW SHA256||Enhanced PoW Equihash||PoW SHA256|
|10 Minutes||10 Minutes||10 Minutes|
|1M (2-4M)||1M (2-4M)||8M (8M)|
|2 Weeks||Every Block||2 Weeks + EDA|
Bitcoin Interest is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. It will also pay you interest for simply parking your coins for set time period.
Yes, Bitcoin Interest is an enhanced Proof of Work Equihash algorithm that can be mined with a GPU.
Mining Pools will be announced soon.
Yes. Bitcoin Interest is the continuation of the Bitcoin project as peer-to-peer digital cash. It is a fork of the Bitcoin blockchain ledger with upgraded consensus rules that allow the user to earn income from their parked coins.
If you held Bitcoin at the time Bitcoin Interest was created you received a 1 to 1 swap from Bitcoin to Bitcoin Interest. This means that Bitcoin holders at block 505083 now have the same amount of Bitcoin Interest as they had in Bitcoin. If your Bitcoins are stored by a third party then you must inquire with them about your Bitcoin Interest coins.
Any transactions after block 505083 ledger split are completely separate between Bitcoin and Bitcoin Interest. This means any Bitcoin acquired after the split does not include any Bitcoin Interest, and any Bitcoin Interest does not include any Bitcoin.
You must first register for an account on the Bitcoin Interest website. You can park your coins by choosing an interest pool cycle of either Weekly or Monthly. If you happen to join the interest pool round after it has started you will only be eligible to receive interest for the remaining days. If you move your parked BCI coins out of your wallet before the interest pool round has ended, you will not receive your interest payment.
Yes, your parked BCI coins are safe. You can park your BCI coins from your desktop wallet and our system will check your assigned BCI address to make sure your parked balance has not changed. Bitcoin Interest will never hold or control your BCI coins, you are always in full control of your holdings!
The legacy Bitcoin code gives you no rewards for holding your coins while most financial options offer you the opportunity to generate interest on your savings. Bitcoin Interest was created to provide you with a safe, decentrilized and profitable alternative for storing your wealth.
Bitcoin interest will retain 1 million Bitcoin Interest ("BCI") coins which may be utilized in the following ways:
1. Funding the monthly interest pool for the first year with the following amounts:
First Month: 5,000 BCI coins added to the pool
Second Month: 4,000 BCI coins added to the pool
Third Month: 3,000 BCI coins added to the pool
Fourth Month: 2,000 BCI coins added to the pool
Rest of Year: 1,000 BCI coins added to the pool only if the pool is below 3,000 BCI coins, other wise no BCI coins will be added.
2. Paying costly exchange fees to list Bitcoin Interest ("BCI") trading pairs.
3. An extensive marketing campaign to promote early adoption of Bitcoin Interest.
4. Continuous Bitcoin Interest improvements and development costs.
5. Paying ongoing server maintenance costs.
To claim your BCI coins after the fork, insert your BTC private key into your BCI wallet. Another option would be to transfer your BTC to an exchange that will be supporting the Bitcoin Interest fork at launch and simply hold your BTC there. They should credit your account automatically after the fork. Please contact the exchange to ensure they will be supporting the BCI fork.