Currently, some of the problems faced by Bitcoin is the speed at which the blocks are mined, the inconsistency related to forks, but Bitcoin is undoubtedly the most widespread and accepted cryptocurrency. At the same time, ethereum is fast, confirmation is quick, enables smart contract, however is not as compatible or widespread as bitcoin. Both of the coin suffers security weakness not related directly to the blockchain but with respect to the exchanges, wallet, etc.
With iBTC you can instantly convert between ETH and BTC. In case you do not want to convert to iBTC to take advantage of the fluctuations in BTC and ETH, you are free to do so. This is our second phase where we intend to have a seamless transition between BTC, ETH and iBTC. You only need to convert 5% of your BTC/ETH to iBTC and still be able to do enjoy the benefits of iBTC token for the full amount. This essentially shields you from wild fluctuations. This wallet is nothing like you have ever seen. Let us look at a conversation between BTC and ETH.
Bitcoin: Thanks my buddy for picking up call, I am tired of all this fork after fork and whatever.
Ethereum: Thanks too for choosing me for the moon ride, lets ride on smart contract
Bitcoin: Smart what?
Ethereum: smart contract, at the speed of light we will get there!
Bitcoin: Please take it easy with me Sir you know am too old for this but the community want more, so what is the Block time? > 10 Minutes
Ethereum: 15 seconds!
Bitcoin: Wait let me put up my seat belt, you know my insurance might not cover this, What is the magic? Finality> 6 confirmations (60min).Bitcoin: Consensus > Pow
Ethereum: Pow (soon Pos)
Bitcoin: Scaling > lightning Network
Ethereum: Lightning Network + sharing + plasma
Bitcoin: Privacy >Dandelion ( not live)
Etherem: zkSNARKs (on testnet)
Bitcoin: Governance > Slow
Bitcoin: Capabilities > Payments (Rootstock soon)
Ethereum: Payments + smart Contracts
Bitcoin: There you go again, Mehn am in, let have fun!
Ethereum: Welcom to New Jerusalem, Powered by speed of light!
#[email protected]· #iBTCWhitepaper Our goal is to create a profitable platform on blockchain that will put volatile in control, a safe heaven for Third World countries suffering from bad economy. Our AI algorithms will explain better de possibility not to loose sleep anymore bcoz of yr investment
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