BitblocksBitBlocks: A Cryptocurrency for Instant Fee-Free Payments
BitBlocks (BBK) is an open-source cryptocurrency that revolutionizes digital payments through instant and completely fee-free transactions.
Based on decentralized peer-to-peer technology, BitBlocks eliminates the need for central authorities, allowing anyone to perform financial transactions quickly, securely, and free of charge. BitBlocks has been operating since 2018, providing a stable and reliable cryptocurrency solution.
Why Choose BitBlocks?
BitBlocks solves the main problems of traditional financial systems and many existing cryptocurrencies
Zero Fees
Completely fee-free transactions. BitBlocks eliminates high transaction fees that make microtransactions unviable.
SwiftTX - Instant
Near-instant confirmations in seconds. SwiftTX system for transactions validated by multiple masternodes.
Proof of Stake
Energy-efficient Proof of Stake consensus mechanism. Secure and sustainable blockchain validation.
Fully Decentralized
Peer-to-peer operation without central authority. Anyone with an internet connection can use BitBlocks.
Technical Specifications
BitBlocks is built on a solid foundation of proven technologies
Maximum Supply
584,000,000 BBK
Total coin supply
Block Time (PoS)
60 seconds
After block 500
Maturity
15 blocks
Transaction maturity
Technology Base
PIVX Fork
Based on Bitcoin Core
License
MIT License
Open source and auditable
Consensus
Proof of Stake
Energy-efficient validation
Masternodes
Specialized nodes that provide advanced services and ensure network stability
What Are Masternodes?
Masternodes are specialized nodes in the BitBlocks network that provide advanced services and ensure network stability and functionality. They are essential for features such as instant transactions (SwiftTX), enhanced privacy, and decentralized governance.
Masternode operators receive proportional block rewards, participate in governance through voting rights on budget proposals, and directly contribute to network security and functionality 24/7.
Requirements to Operate a Masternode
Collateral
150,000 BBK locked
Infrastructure
Dedicated server with minimum specifications
Availability
99%+ uptime and always synchronized node
Reward Distribution
Block rewards are distributed among stakers, masternodes, and the budget for development and community-approved proposals.
Stakers
Majority of rewards for those who stake
Masternodes
Significant percentage for operators
Budget
Funds for development and proposals
Decentralized Governance
Complete decentralized governance system through budgets paid directly from the blockchain
How It Works
Preparation
Create collateral transaction (burns coins)
Submission
Proposal propagation on the network
Voting
Masternodes vote on proposals
Finalization
Approved proposals compiled into budget
Payment
Winning budget paid via monthly superblocks
Features
Total Transparency
All proposals are public on the blockchain
Direct Democracy
Each masternode has one vote
Automatic Payment
Via superblocks, no trust required
Spam Prevention
Proposals require collateral to prevent spam
Use Cases
BitBlocks is ideal for various payment scenarios
Daily Payments
- Online and offline purchases
- Peer-to-peer payments
- Microtransactions
- International remittances
Business Applications
- B2B payments
- Payroll
- System integration
- E-commerce
Financial Inclusion
- Banking access for the unbanked
- Low-cost remittances
- Payments in remote areas
- Emerging digital economy
Loading release information...
Open Source and Transparent
BitBlocks is a completely open source project, licensed under MIT License. All code is auditable and community contributions are welcome.
Built on a solid foundation of proven technologies, including PIVX fork and Bitcoin Core protocol, ensuring security and compatibility.
PIVX Fork
Based on Bitcoin Core
Advanced Features
Cutting-edge technology for the future of digital payments
SwiftTX
Instant transaction system with confirmation in seconds. Validation by multiple masternodes for maximum security.
Obfuscation
Optional privacy features through the Obfuscation system. Coin mixing to increase privacy when needed.
Robust Security
Proof of Stake consensus algorithm, security checkpoints, and multiple validation by masternodes.