Bitcoin King (BCK)

Bitcoin King (BCK), also known as BTC King, is a forked cryptocurrency originating from Bitcoin at block height 499999. Bitcoin King uses a different consensus mechanism to create new blocks. While the original Bitcoin blockchain remains unchanged, the new forked blocks diverge from the original chain. Bitcoin King inherits Bitcoin’s transaction history until it starts forking and creates a new block. As a result, a new cryptocurrency is born – Bitcoin King.

Bitcoin King aims to address several issues. It offers near-instant transaction speeds, with plans to implement the DPOS consensus algorithm for faster wallet-to-wallet transfers. Additionally, Bitcoin King introduces a new mining mechanism that improves transaction efficiency and reduces transaction fees, making it more cost-effective for users. Furthermore, Bitcoin King prioritizes user privacy by encrypting transaction amounts to ensure information security and personal privacy.

The total supply of Bitcoin King is 21.21 million, with an initial 210,000 BCK pre-mined for the foundation. The foundation manages these pre-mined coins, which are primarily used to incentivize early developers, support ecosystem development, and fund foundation operations.