[Crypto projects](https://revain.org/projects/) › BitCore

# BitCore (BTX): how it works, supply and reviews

## In short

- **Type**: UTXO fork of Bitcoin with its own blockchain
- **Maximum supply**: 21,000,000 BTX
- **Risks and caveats**: BitCore is a non-profit project run by volunteers and gives no financial advice.
- **Checked**: 31 October 2026

## Key facts

- **Ticker**: BTX
- **Official site**: [bitcore.cc](https://bitcore.cc/)

Key facts checked on 31 October 2026 against official sources.

## What is BitCore

BitCore (BTX) is a proof-of-work cryptocurrency launched on 24 April 2017 as a UTXO fork of Bitcoin, with 2.5-minute blocks, GPU mining and masternodes. It also has a BEP-20 token on BNB Smart Chain, Swapped BitCore (sBTX). The project is run by volunteers.

## Network and consensus

| Parameter | Details |
|---|---|
| Type | UTXO fork of Bitcoin with its own blockchain |
| Consensus | Proof of work (MEGA-BTX GPU algorithm, developed by BitCore) plus masternodes |
| Launched | 24 April 2017 |
| Block time | 2.5 minutes on average |
| Block size | 10 MB (20 MB with SegWit) |
| Runs on | Native BTX chain; sBTX is a BEP-20 token on BNB Smart Chain |

## Supply and issuance

| Parameter | Details |
|---|---|
| Maximum supply | 21,000,000 BTX |
| Staking rewards | Masternodes (2,100 BTX collateral) receive 50% of newly generated coins |
| Initial distribution | Airdrops and claiming by Bitcoin holders (ended) |
| Fee burn | A BTX burn address exists; coins sent there are destroyed |

## What BTX is used for

- BTX is the native coin of the BitCore chain, mined with GPUs.
- Locking 2,100 BTX as collateral runs a masternode, which earns half of newly generated coins.
- sBTX is a tokenized version of BTX that trades on PancakeSwap against USDT.

## Who develops and governs BitCore

- **Developer**: A team around core developer Chris; Jon develops the API, Electrum and infrastructure
- **Governance**: Volunteer-driven, non-profit community project
- **Open source**: Open-source software; core wallet Odarhom Core

## History

| Date | Event |
|---|---|
| 24 April 2017 | BitCore launches, with a first snapshot of the Bitcoin ledger at block #463604. |
| 30 October 2017 | Claiming of the first snapshot ends. |
| 2 November 2017 | A second snapshot of the Bitcoin blockchain is taken at block #492820. |
| 20 July 2018 | The first version of the BitCore White Paper is published. |
| 2021 | BitCore introduces sBTX, a BEP-20 token on BNB Smart Chain, tradable on PancakeSwap. |

## Security and audits

- The project says its MEGA-BTX mining algorithm is ASIC-resistant.
- BitCore asks users to verify the sBTX contract address and use only the one on its site.

## Security incidents

No security incident is recorded in the sources checked on 31 October 2026 (the company’s own channels and incident databases): [defillama.com/hacks](https://defillama.com/hacks), [rekt.news/leaderboard](https://rekt.news/leaderboard/), [hacked.slowmist.io](https://hacked.slowmist.io/), [bitcore.cc/about](https://bitcore.cc/about), [github.com/bitcore-btx/BitCore/releases](https://github.com/bitcore-btx/BitCore/releases)

## Official BTX contracts

| Network | Contract address |
|---|---|
| BNB Smart Chain | [0x000000089fb24237dA101020Ff8e2AfD14624687](https://bscscan.com/token/0x000000089fb24237dA101020Ff8e2AfD14624687) |

BTX is the native coin of its own chain. sBTX is a BEP-20 token on BNB Smart Chain at the address published on bitcore.cc.

## Risks and caveats

- BitCore is a non-profit project run by volunteers and gives no financial advice.
- Only the sBTX contract address on bitcore.cc should be used; other addresses may be fake.
- The latest Odarhom Core release listed on bitcore.cc is 0.90.9.10.

## Official links

- Website: [bitcore.cc](https://bitcore.cc/)
- Whitepaper: [bitcore.cc/whitepaper](https://bitcore.cc/whitepaper)
- Source code: [github.com/bitcore-btx](https://github.com/bitcore-btx)
- Block explorer: [chainz.cryptoid.info/btx](https://chainz.cryptoid.info/btx/)

## Questions and answers

**What is BitCore (BTX)?**

A proof-of-work cryptocurrency launched on 24 April 2017 as a UTXO fork of Bitcoin, with 2.5-minute blocks, GPU mining and masternodes.

**What is the maximum supply of BitCore?**

21,000,000 BTX; masternodes receive 50% of newly generated coins.

**What is sBTX?**

Swapped BitCore, a tokenized version of BTX on BNB Smart Chain (BEP-20), traded on PancakeSwap against USDT.

**How do I run a BitCore masternode?**

Lock 2,100 BTX as collateral with Odarhom Core version 0.90.9.7 or higher.

## Sources

- [BitCore BTX - Home](https://bitcore.cc/)
- [BitCore BTX - About and timeline](https://bitcore.cc/about)
- [BitCore BTX - Coin specifications](https://bitcore.cc/specs)
- [BitCore BTX - sBTX token](https://bitcore.cc/sbtx)
- [BitCore BTX - Team](https://bitcore.cc/team)
- [BitCore BTX - Wallets](https://bitcore.cc/wallets)

## More in this section

- [Zilliqa (ZIL)](https://revain.org/projects/zilliqa/)
- [TrustSwap (SWAP)](https://revain.org/projects/trustswap/)
- [Blackcoin (BLK)](https://revain.org/projects/blackcoin/)
- [Origin Protocol (OGN)](https://revain.org/projects/origin-protocol/)
- [SwissBorg (BORG)](https://revain.org/projects/swissborg/)
- [Decred (DCR)](https://revain.org/projects/decred/)
- [All Crypto projects →](https://revain.org/projects/)

## Related

- [Wrapped Bitcoin (WBTC)](https://revain.org/projects/wrapped-bitcoin/)
- [Rootstock (RBTC)](https://revain.org/projects/rootstock/)
- [Ravencoin (RVN)](https://revain.org/projects/ravencoin/)
- [Namecoin (NMC)](https://revain.org/projects/namecoin/)
- [Lombard (BARD)](https://revain.org/projects/lombard/)
- [AirSwap (AST)](https://revain.org/projects/airswap/)
- [BitcoinZ (BTCZ)](https://revain.org/projects/bitcoinz/)
- [C.R.E.A.M. Finance (CREAM)](https://revain.org/projects/cream-finance/)

## How voting works

Votes are anonymous and carry no text. Each device has one vote per item; press the same button again to remove it. Cloudflare Turnstile checks that a person is voting. We keep a random device ID in a cookie and a salted hash of the IP address to limit abuse — no names, no accounts. Votes are visitors’ opinions, not investment advice.

Page updated: 2026-10-31

---
Source: https://revain.org/projects/bitcore/