Bitcoin Latinum aims to pick up where Bitcoin’s idea of being a bankless and peer-to-peer electronic cash system left off. It is a next-generation Bitcoin fork capable of handling large transaction volumes, cybersecurity, and digital asset management. The idea is to solve the inherent problems of scalability and the transactions per second rate of its parent cryptocurrency, Bitcoin.
Bitcoin Latinum creates a decentralized financial network for efficient and secure digital asset transactions for media, gaming, cloud computing and telecommunications.
In addition, Bitcoin Latinum has taken a groundbreaking green initiative to achieve a carbon net-zero footprint by deploying a consensus protocol system. The intent is to introduce a new paradigm for cryptocurrency utility.
Greener, energy efficient consensus: Bitcoin Latinum takes a groundbreaking green initiative to achieve a net-zero carbon footprint by deploying a PoWer-friendly Proof of Stake (PoS) consensus algorithm. It is in accordance with the project’s commitment to sustainable environmental practices and support of the Crypto Climate Accord.
Faster transactions: This is achieved with a variety of mechanisms including the energy-efficient consensus protocol, approved node configuration, high performance node interconnection, the larger block size for the network and shorter confirmation.
Secure and Insured: Bitcoin Latinum nodes implement Workload Protection strategies to secure the network. Additionally, Bitcoin features a distributed transaction firewall to safeguard the network. Users are protected under a comprehensive insurance program that protects LTNM holders in case of internal collusion or external theft.
Community Governed: Bitcoin Latinum uses a representative government model to achieve true democracy in its ecosystem. It is done by allowing community members to participate in the governance mechanism of the protocol via staking model.
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