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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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IoT Chain (ITC) operates both on cryptocurrency Ethereum protocol as an ERC-20 asset and as a coin on its own mainnet. The ITC cryptocurrency is widely represented on the Asian exchange platforms paired against other cryptos.
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About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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IoT Chain (ITC) operates both on cryptocurrency Ethereum protocol as an ERC-20 asset and as a coin on its own mainnet. The ITC cryptocurrency is widely represented on the Asian exchange platforms paired against other cryptos.
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Type |
Type
coin
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Type
token
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Founding Date |
Founding Date
2009
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Founding Date
2017
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Country |
Country
International
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Country
International
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Not Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
60185.1912
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Current price (USD)
0.0214
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All-time high (USD) |
All-time high (USD)
20089.0000
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All-time high (USD)
9.5700
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Price change (24h) |
Price change (24h)
-5.35
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Price change (24h)
-0.07
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Volume (24h) |
Volume (24h)
2422819702.00083
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Volume (24h)
0.00000
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Hashrate |
Hashrate
93000000000
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Hashrate
No data
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Max Supply |
Max Supply
21000000.00000
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Max Supply
100000000.00000
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
19692421.00000
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Circulating Supply
84169228.20605
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Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
1000
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Transaction fee |
Transaction fee
1
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
low
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Algorithm |
Algorithm
SHA-256
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Algorithm
No data
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Proof type |
Proof type
PoW
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Proof type
No data
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
100000000.00000
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Is trading |
Is trading
yes
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Is trading
yes
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Block reward |
Block reward
6.250000000000
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Block reward
0.000000000000
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Block time |
Block time
600
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Block time
No data
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User rating |
User rating
2.0 / 5
2 user review
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User rating
4.7 / 5
3 user review
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Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
4.0 / 5
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Advantages |
Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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Advantages
Minimizes the human work and effort;
Saves time and effort;
Good for personal safety and security;
Improved security
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Disadvantages |
Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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Disadvantages
Increased privacy concerns;
Increased unemployment rates;
Highly dependent on the internet
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Bitcoin (BTC) user rating is 2.0, based on 2 user reviews. IoT Chain (ITC) user rating is 4.7, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.