What is Bitcoin Purple?

BitcoinPurple is not just a cryptocurrency. BitcoinPurple is an idea — one that stands in complete opposition to how the traditional financial system has operated until now, creating fictitious rights backed by money with no guarantees, the consequences of which we are witnessing today. BitcoinPurple represents the concept of scarcity. It represents the idea of limitation. It represents a form of money backed by guarantees — mathematical, energetic, and computational. BitcoinPurple, along with the few other cryptocurrencies that will survive, exists because the traditional financial system no longer works. And it no longer works because of excessive money printing — leading to fictitious credits that cannot be converted into real assets. Traditional money is based on pure faith. BitcoinPurple will be part of the parallel system needed to overcome the failure of fiat currencies.

Technical Data on Bitcoin Purple Blockchain

Bitcoin Purple is a Bitcoin fork that uses the same cryptographic algorithms for transactions, ensuring proven security and reliability. However, Bitcoin Purple stands out with its average block time of just 1 minute, allowing for significantly faster transaction validation compared to Bitcoin's 10 minutes.

The maximum supply is 1,000,000 BTCP with an initial reward of 1 BTCP per block and a halving occurs every 500,000 blocks mined. The difficulty adjusts every 60 blocks (approximately every hour) to maintain consistent block times. Network security is maintained through the SHA256 proof-of-work algorithm, the same one used by Bitcoin to ensure the integrity of the blockchain.