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Bitvaluta is a consensus network and peer-to-peer digital currency launched on 25 January 2020 by a multinational team of developers. Featuring a 60-second block time and 3 confirmation transactions at near-zero cost, the team aims to allow anyone to be able to efficiently and expeditiously exchange value with anybody in the world. Bitvaluta accounts for its carbon footprint by phasing out Proof of Work mining after block 3,700,000. After that, 2 BTV per block will be added to the total supply through proof-of-stake exclusively. This addresses energy expenditure as it provides the option of green mining and later makes it the exclusive means of minting coins.
Using hybrid proof-of-work and proof-of-stake mining allows Bitvaluta to be earned by miners as well as the average user. Coins are minted directly to user wallets, requiring only a balance to stake and earn from.
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