The implementation of the BPAY hard fork will create the technologically most advanced version of Bitcoin. “SSPSSFS” strategy (Stability – Sustainability – Privacy – Smart Sidechains – Scalability – Fee – Speed) focusing on the development of superior Bitcoin improvements. All innovations will be implemented by world-leading developers, creating huge opportunities and enormous potential for all BPAY participants and the entire Bitcoin community. Our forthcoming 2019 hard fork has many advantages and will implement a whole range of long overdue Bitcoin improvements based on our technology.
One day, all people on this planet (and beyond) will have the opportunity to use cryptocurrencies, realizing the full potential of decentralization in general and Bitcoin in particular, to drive a new era of economic change, growth, productivity, and prosperity. Therefore, BPAYmission is to create a better future for all by utilizing the unparalleled benefits of cryptocurrency and the amazing opportunities of an improved version of Bitcoin.
As a Friendly Fork, we offer a coin as easy and familiar to implement as Bitcoin, but with plenty of space for new ideas. That’s why we have a thriving economy and ecosystem.
BPAY is extended by Lighting Network, which scales to route nearly limitless payments per second. Building innovative duplex micropayment channels
How Block Chain Works
A blockchain is simply a chain of blocks that contains information. Each block has a cryptographic hash of the previous block, a timestamp, and transaction data. Although the design is simple, it is this design that makes Blockchain invulnerable to data tampering. Blockchain technology is an open distributed ledger that can record transactions of two parties securely and efficiently. As it is distributed, Blockchain is typically managed by a peer-to-peer network working simultaneously together to solve complex mathematical problems in order to validate new blocks. Once recorded, the data in any given block cannot be updated retroactively without changing all subsequent blocks, which requires the confirmation of the majority in the network. This is the main reason why blockchain technology is secure and not susceptible to hacking.