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Biturbo

Biturbo is a PoT (Proof of Transaction) Bitcoin Layer2 that designed as an Ethereum Virtual Machine (EVM)-compatible layer 2 solution. By integrating EVM compatibility, Biturbo bridges the gap between Bitcoin's robustness and Ethereum's versatile smart contract capabilities, enabling a new dimension of decentralized applications (dApps) and financial instruments on the Bitcoin network.

What is Biturbo?

Biturbo is a pioneering hybrid blockchain that integrates Proof of Transaction (PoT) and Proof of Liquidity (PoL) consensus mechanisms. Designed to combine the strengths of Bitcoin and Ethereum, Biturbo aims to create an energy-efficient, inclusive, and EVM-compatible blockchain ecosystem. By rewarding active participation and liquidity provision, it addresses issues of centralization and accessibility in the cryptocurrency industry.

How Does Biturbo Work?

Biturbo operates using a dual consensus mechanism: PoT rewards users based on their transaction activity, promoting network engagement and reducing energy consumption compared to traditional Proof of Work systems. PoL incentivizes users to provide liquidity to the network's pools, ensuring that staking does not diminish on-chain liquidity. This combination enhances both scalability and security, fostering a dynamic blockchain environment.

What Makes Biturbo Unique?

Biturbo's uniqueness lies in its hybrid PoT and PoL consensus mechanisms, which encourage active user participation and liquidity provision. Its EVM compatibility allows developers to build and deploy decentralized applications seamlessly, leveraging the combined advantages of Bitcoin's security and Ethereum's smart contract capabilities. Additionally, Biturbo's community-driven approach ensures a fair and decentralized network development process.

Who Are the Founders of Biturbo?

Specific information about the founders of Biturbo is not readily available in the provided sources. The project emphasizes a community-driven development model, allowing early participants to significantly influence its growth and direction.

Latest News

What Key Events Have There Been for Biturbo?

In June 2024, Biturbo was featured in the fifth phase of UXUY's Launchpad, marking a significant milestone in its development. This event introduced Biturbo to a broader audience and highlighted its innovative hybrid consensus mechanism.

Project Announcements

Biturbo has announced the launch of its innovative mining system, allowing users to earn rewards through active network participation. Additionally, the deployment of the Biturbo testnet provides developers and early adopters an opportunity to explore and test the platform's capabilities.

Upcoming Events

Latest Airdrop

Information about upcoming airdrops for Biturbo is not specified in the available sources.

ICO Time

Details regarding an Initial Coin Offering (ICO) for Biturbo are not provided in the current information.

IDO Time

Specifics about an Initial DEX Offering (IDO) for Biturbo are not mentioned in the available sources.

TGE Time

The Token Generation Event (TGE) for Biturbo is scheduled for June 24, 2024, at 10:00 (UTC), as part of the UXUY Launchpad Phase 5.

Projects Announcements

Where to Buy Biturbo?

Biturbo tokens (TBO) are available for trading on decentralized exchanges such as Uniswap. Users can trade TBO against various pairs, with TBO/USDT being among the most popular.

Biturbo Price

Daily Trading Volume

As of the latest data, Biturbo's daily trading volume is approximately $308,830, indicating active market participation.

All-Time High

Biturbo reached an all-time high price of $0.03 on July 22, 2024. Compared to the current price of $0.00049447, this represents a significant decrease.

All-Time Low

The all-time low for Biturbo was $0.00430221 on November 21, 2024. The current price reflects a decrease from this low point.

Market Cap and Valuation

Market Cap

Biturbo's current market capitalization is approximately $148,341.49, placing it at a lower ranking among cryptocurrencies.

Fully Diluted Valuation

The fully diluted valuation (FDV) of Biturbo is estimated at $494,470, considering the total supply of 1 billion TBO tokens.

Biturbo Price Prediction

Predicting the future price of Biturbo involves considering factors such as market demand, utility, project developments, and community support. While specific price predictions are not available, monitoring these factors can provide insights into potential price movements.

FAQ

What is the Purpose of Biturbo?

How Can I Participate in Biturbo's Ecosystem?

What Sets Biturbo Apart from Competitors?

Is Biturbo Secure?

What are the Risks Associated with Biturbo?

Community Sentiment

28.48K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.