wBTC Chain Coin is a public blockchain protocol and new ecosystem that bridges DeFi and mass adoption. With a proof-of-stake consensus model, meaning that the author of the subsequent block is selected at random based on how much cryptocurrency they have in their wallet and how mature that wallet is, continuously rotating addresses to ensure decentralization and network participation. Blocks are usually built or minted rather than mined; there are also block rewards in addition to transaction fees, thus, builders receive a percentage of "interest" on the amount of funds they bet. wBTC Network supports the Bitcoin ecosystems.
With Btc Chain Coin, you can manage assets across different blockchains whether for DeFi, GameFi, NFTs, and other use cases that come up. We believe that we will lead to creativity and success to become the Fastest and the most decentralized ecosystem. There are no centralized registration processes on chain, and all private keys are managed by the users directly. Our mission is to be the simplest and fastest cosmos blockchain protocol. We always aim to create the simplest network for ecosystem development teams on BTC.
wBTC Chain introduces a native cryptocurrency - wBTC Chain Coin ($BTCN). This community-focused token serves as the primary governance token for the wBTC blockchain and comes with different use cases. Users will have two options for paying transaction fees on wBTC Chain - $BTCN and $wBTC. During the wBTC launch phase, users typically use $wBTC for this purpose. Once the blockchain is stable, $BTCN will become the "token" to drive transactions, smart contracts, and dApps.
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