Bitcoin 2 describes itself as a scalable Bitcoin snapshot fork that supports private transactions through the Zerocoin protocol and nearly instantly verified payments through Masternodes. According to the team, the size of the Bitcoin blockchain was pruned from around 150 GB in February 2018 to less than 1.5 GB for Bitcoin 2. This reportedly allows new nodes to get started much faster.

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The Bitcoin Standard Hashrate Token (BTCST) was launched on Binance Smart Chain (BSC) on Dec. 13, 2020. It is collateralized by Bitcoin’s (BTC) hashrate, with each token representing 0.1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH. As such, miners contribute their computational power to the platform in exchange for newly minted BTCST tokens.

BTCST’s goal is to bridge liquidity to Bitcoin’s mining market. This will allow users to get exposure to mining rewards and hashpower of any size, at a low cost. The ultimate goal of the app is to increase the liquidity and efficiency of mining power markets.

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