EXCHANGES
Bitcore Listed on Turkish Exchange

2018-02-06 20:31:54
by Saffron Weale
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Bitcore Listed on Turkish Exchange

Bitcore has announced that it is now listed on vebitcoin, a Turkish exchange. Revealing the news on 5th February, a spokesperson for Bitcore said the company were very pleased. Bitcore was released in April 2017 and is a digital currency focusing on a payment system. Described as a hybrid fork, Bitcore solves many of the issues that other cryptocurrencies have. In terms of scaling, some have claimed that that Bitcore is leading the way.

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Created by the developers of Bitsend (BSD), it was confirmed that in the process of development a new blockchain was made, meaning that it is currently minute – the size of the blockchain is smaller than 400mb. Other digital currencies like Bitcoin Gold, Bitcoin, Bitcoin Cash, Super Bitcoin and Bitcoin Diamond are all running at around 135 GB+. The creators also stated that the small blockchain size was because Bitcore is not a fork of Bitcoin, but instead utilises new blockchain technology.

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The developers explained that they created a snapshot of the Bitcoin blockchain, copying more than 5 million balances from Bitcoin over to Bitcore. Combining the latest Bitcoin crypto technology, a speedier block time, smaller blockchain and new innovative technology means that Bitcore has already gathered lots of interest. Block reward, total coin supply and the halving schedule are all comparable to Bitcoin however.

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