Graphene to replace ETH and Bitcoin
BitEthereum is created to address the inability of Bitcoin to provide advanced crypto token asset issuance, management and circulation and the slow transfer speed of Bitcoin and Ethereum blockchain. BitEthereum's mission is becoming the bridge between corporates, users and businesses.And its goal is to create a well-developed ecosystem of crypto token assets that addresses the current problems in Bitcoin and Ethereum. BitEthereum also enables user authentication, automated asset dividend payout and alliance formation. And also introduced zero transaction fee feature. Besides, BitEthereum is provided with an easy-to-use advanced payment system. Meanwhile, to enrich BitEthereum's ecosystem, we offer a more advanced and convenient third-party software development kit (SDK) so that third-party developers and corporate users can give full play to BitEthereum in application development.
BitEthereum will build a blockchain bottom layer with the Graphene toolkit--which is a real-time blockchain development kit characterized in its high performance, high concurrency and low latency. The Graphene toolkit is originally an underlying development framework for use with the BitShares blockchain. Daniel Larimer created BitShares in 2013, aiming to set up an ideal free market financial system (IFMFS). Through continuous improvement, BitShares has maintained stable operation for years. It enables fast transaction confirmation at the average speed of 1.5s and efficient multi transaction processing (3,300 transactions per second). There are several successful Graphene toolkit-based blockchain products in the market, such as STEEMIT, YOYOW and EOS.
Graphene toolkit is provided with development libraries of consensus algorithm, networking, user management, databases, block formats and blockchain file storage. Since the Graphene toolkit is developed for the blockchain-based distributed digital asset exchange BitShares 2.0, it requires comprehensive restructuring of the Graphene toolkit in consensus algorithm, user authentication and other aspects before it apply to BitEthereum. With years of experience in Graphene toolkit and BitShares development, our development team is in a position to make highly customized modifications and improvements to the Graphene toolkit to underpin the construction of BitEthereum.
During preliminary development, it is expected to complete the basic structure so that BitEthereum can fulfill zero transaction fee, user authentication, token asset issuance and management, alliance formation and other fundamental functions and provide service for small and medium-sized merchants. Subsequently, the token asset payment and circulation functions will be optimized to strengthen its capabilities and attract larger merchants. In the coming future, automated asset dividend payout and advanced token asset management functions will be developed to serve other industries.
Claim your free BITE if you held ETH or BTC on December 21, 2017
The total supply of BitEthereum Token(BITE) is 100 million, 99% of BITE tokens will be distributed to the BTC, ETH token holders. All BTC holders can claim a total of 66 million BITE tokens, and all ETH holders can claim 33 million BITE tokens.
The total supply of BitEthereum Token(BITE) is 100 million, 99% of BITE tokens will be distributed to the BTC, ETH token holders. All BTC holders can claim a total of 66 million BITE tokens, and all ETH holders can claim 33 million BITE tokens.
The team will take a snapshot of the BTC and ETH blockchain at 00:00 on December 21, 2017 (GMT+8) . The snapshot will record the token balances of all BTC and ETH accounts at that time. The snapshot requires that the address with balance BTC≥0.1 and ETH≥1 .
BitEthereum blockchain network set the giveaway campaign deadline for 00:00 in April 2, 2018
The tutorial of claiming your BITE can be found here