Article Summary, Automatically Generated By AI
Summary of Bitcoin 2
- Describes itself as a scalable Bitcoin snapshot fork
- Supports private transactions through Zerocoin protocol
- Supports nearly instantly verified payments through Masternodes
- Blockchain size reduced from 150 GB (Feb 2018) to less than 1.5 GB
- Allows new nodes to get started much faster
Numbers and figures:
- 150 GB (original blockchain size)
- 1.5 GB (reduced blockchain size)
- February 2018 (timeframe)
Introducing Bitcoin 2: The Evolution of Cryptocurrency
Bitcoin 2 is touted as a scalable Bitcoin snapshot fork that integrates private transactions via the Zerocoin protocol and facilitates near-instant payment verification through Masternodes. Notably, the team has successfully pruned the blockchain size from approximately 150 GB in February 2018 to a mere 1.5 GB for Bitcoin 2, thereby enabling new nodes to come online at a significantly accelerated pace.