Bitcoin Ultimatum – Something You Must Know

You might know about the bitcoins and how popular it is, but there is another term, which is here in the market to help individuals and the businesses.

Here, we are talking about the Bitcoin Ultimatum or BTCU, which is a new fork of Bitcoin which is developed by the Prof-it Blockchain development team, with the support of the leading cryptocurrency exchange Coinsbit. It is co-founded by Nikolai Udianskyi as well as the Prof-it Blockchain team is led by Nikolai, which was facing a serious challenge. Today, the Prof-it Blockchain developers are working on improving the Bitcoin blockchain and creating new technologies that would solve the prime problems of the crypto community. It has been noted that many people were facing different issues with the crypto and BTCU is here to eliminate such issues with the right concept.

The btcu team is currently planning to launch a decentralized multi-currency mobile wallet, which will allow sending BTCU and other bitcoin-like cryptocurrencies via phone or using phone number. One can also find a desktop version of this wallet will be released soon. It must be noted that the concept of BTCU is similar to the concept of the second cryptocurrency by capitalization, called Ethereum. Don’t know about the same? Well, you must know that Ethereum is a global, open-source platform for decentralized applications, where one can write code that controls digital value, as well as best to be known to run exactly as programmed, and is accessible anywhere in the world.

The bitcoin ultimatum fork also works like Ethereum and provides smart contracts in the blockchain protocol. This is one of the important functions for the implementation of transactions and DAPP applications and works very well. Also know that the btcu fork team has set the task of developing the direction of smart contracts and implementing atomic swap technology. This will be associated with the blockchain protocol to allow carry out transactions not only within the framework of a single blockchain protocol.

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