BitcoinQ - Documentation
  • BTQ Documentation
  • What is BTQ ?
  • BTQ Whitepaper
  • BTQ Tokenomics
  • Latest Research and Developments in BTQ Technology
  • BTQ Wallet
    • BTQ Wallet Overview
    • BTQ Wallet Create
    • BTQ Check Wallet Balance
    • BTQ Address Overview
    • BTQ Web Wallet
      • Overview BTQ Web Wallet
      • New BTQ Address
      • Open BTQ Wallet
      • Send BTQ
      • Backup
  • BTQ Block Explorer
    • BTQ Explorer Usage
    • BTQ Explorer Overview
    • BTQ Explorer Address Lookup
    • BTQ Explorer Transaction Lookup
    • BTQ Explorer Block Lookup
    • BTQ Message Overview
  • BTQ Mining
    • BTQ Mining Overview
    • BTO Solo Mining
    • BTQ Pool Mining
  • BTQ node
    • BTQ Node Overview
    • BTQ Node Info
    • BTQ Node Requirements
    • BTQ Node Uses
    • BTQ Node Config
    • BTQ Node Installation
    • BTQ Node Maintenance
    • BTQ Node CLI Wallet
      • BTQ Node Command Line Interface
      • BTQ Node CLI Wallet - Backup
      • BTQ Node CLI Wallet - Slave Keys
  • Basic Tutorial
    • Swap Token
      • How to Swap Tokens on Solana Using Serum DEX
      • How to Swap Tokens on PancakeSwap
      • How to Swap Tokens on Uniswap
    • Guide to Mine BTQ with XMRig
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On this page
  • BTQ Tokenomics
  • Specific Wallet Addresses
  • Allocation Details
  • Mining
  • Foundation
  • Marketing
  • ICO
  • Transparency and Governance
  • Use of Pre-Mined Funds
  • Community Participation
  • Conclusion

BTQ Tokenomics

Tokenomics for Bitcoin Quantum (BTQ)

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Last updated 5 months ago

BTQ Tokenomics

Bitcoin Quantum has a total supply of 21 million BTQ, allocated for the following purposes. This fixed supply is a strategic choice reflecting the project’s vision to position BTQ as a form of digital gold, which is particularly significant in the context of quantum-resistant technologies. The fixed and unchangeable supply of BTQ adds scarcity, enhancing its potential value retention over time, thereby making it an attractive asset in an era of rapidly evolving digital security concerns driven by the advances in computing power, artificial intelligence, machine learning, and big data.

Moreover, BTQ is pioneering in the cryptographic revolution, incorporating core technological advancements such as the Extended Merkle Signature Scheme (XMSS). Recognized by the National Institute of Standards and Technology (NIST) for its quantum resistance, XMSS is critical as computing power, alongside capabilities in AI and machine learning, continues to expand, leading to potentially disruptive innovations in data processing and analysis. By adopting this advanced cryptographic standard, BTQ ensures robust security and stability for its digital currency, positioning it to effectively navigate and lead in the transforming landscape of cryptography amidst these technological advancements.

Allocation
Amount
Percentage of Total Supply

Mining

18.000.000

85.7%

Foundation Wallet 1 (20-year lock)

1.000.000

4.8%

Foundation Wallet 2 (20-year lock)

1.000.000

4.8%

ICO

1.000.000

4.8%

Total

21.000.000

100%

This allocation ensures network security, promotes project development, and broadens the project’s reach.

Specific Wallet Addresses

Allocation Details

In this section, we explain the details of each allocation and their purposes.

Mining

The majority of BTQ supply is allocated to mining to ensure the safety and security of the network. These mining rewards encourage miners to contribute processing power, helping to maintain the decentralization and efficiency of the blockchain. We are committed to mining because it is the original vision of Bitcoin's Proof of Work (PoW) by Satoshi Nakamoto that has proven to be a viable method for establishing a digital asset as valuable digital gold. This PoW mechanism not only supports network security through widespread miner participation but also ensures a fair distribution of new coins, reflecting a trust system akin to the mining of precious metals in the physical world.

Additionally, Bitcoin Quantum adopts this approach with a long-term perspective, planning for coin emission over a thousand years. This extended emission schedule is designed to gradually introduce new coins into the system, mimicking the enduring value proposition of gold and other precious metals, which have historically served as long-term stores of value. This slow and steady approach helps to prevent inflation and market saturation, ensuring that BTQ remains a sought-after asset for future generations.

Moreover, the use of PoW in BTQ reflects a commitment to maintaining a decentralized and egalitarian network where anyone with the necessary hardware can contribute to the network's security and coin generation, promoting a level playing field. This method is contrasted with Proof of Stake (PoS) systems, where the rich potentially get richer, centralizing control.

We also see the PoW model as critically aligning with innovations in energy efficiency and the integration of renewable energy sources into mining operations. As the global emphasis on sustainability grows, BTQ's mining infrastructure is poised to adapt to environmentally friendly technologies, thus supporting a green economy while securing the network.

In summary, by aligning BTQ with the proven PoW concept, we are not only adhering to a tested and secure method but are also enhancing it with a vision for long-term emission and sustainability. This approach firmly establishes BTQ as a reliable digital gold of the future, designed to be valuable, secure, and accessible over the next millennium.

Foundation

The BTQ Foundation supports the project's activities, including technology development, network maintenance, and other administrative costs. This funding also supports research initiatives and strategic partnerships.

Marketing

This allocation is used to promote BTQ, including marketing campaigns, community events, and activities aimed at expanding global awareness and usage of BTQ.

ICO

Funds raised from the ICO are used to finance the early stages of project development, including legal fees, technical development, and other startup activities.

Transparency and Governance

Use of Pre-Mined Funds

For the pre-mined funds, we commit to maintaining a high level of transparency in how these resources are used. Periodic reports will be published so the community can monitor and evaluate fund management.

Community Participation

We encourage community involvement in significant decisions related to the project through a voting system and feedback. This ensures the project reflects the majority's will and maintains strong ties with our supporters and users.

Conclusion

Bitcoin Quantum is a serious endeavor to create a secure, fair, and sustainable cryptocurrency. With a clear and transparent tokenomics strategy, we believe that BTQ will achieve widespread acceptance and become a new standard in the cryptocurrency world.

Address Foundation Wallet (20-year lock):

Address Foundation Wallet (20-year lock):

Address ICO:

Q010500d187c52fc382253f8149315cead7f3b358c956491f0a02acc3e61d08e9dbd4008e7d2c34
Q01050087df76e438b6d7bae0b23650925f454b0aa18547d31ceeb936d12794b11a767628951782
Q010600a62a5b9839813c7d9047838298a267e37c14bbeae0164a8aad0571c5a91781d663326cd5
BTQ Tokenomics