Review on Bitcore by Eve Vallenilla

In the field of cryptography, nothing remains static, since new qualities of the potential of blockchain technology are constantly being discovered and modifications are made to previously created infrastructures to improve or optimize their operation or add new utilities. Such is the case with the Bitcore coin.

Bitcore is a cryptographic protocol derived from modifying the infrastructure of the first-born digital currency Bitcoin.

For what purpose does Bitcore arise?

Bitcore arises as a need to improve the efficiency of the performance of the original Bitcoin currency and to increase the speed of the blocking time during the validation process.

Bitcore does not incorporate additional technological resources to its virtual machinery, but it does improve the performance and speed of transactions compared to its predecessor.

Among the most important qualities that the coin has, we can mention:

• Scalability: Bitcore is characterized by being a lighter and more efficient protocol due to the fact that its blockchain is reduced compared to other infrastructures in the crypto market. This allows it to be more scalable within virtual machinery.

• It has a consensus mechanism that provides resistance to ASIC; which creates fair and balanced conditions in the coin issuance process.

• Capacity: Bitcore incorporates the Segwit protocol, which when used in blocks of at least 10MB, gives it the capacity to handle a large volume of commercial operations efficiently and maintaining the performance of the digital platform.

• Free rewards system: Bitcore offers a method of free delivery of the currency, by running airdrops every week, guaranteeing all users of the network to obtain the native currency easily.

• The native currency of the network: BTX maintains a good price in the stock market compared to other digital protocols