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Bitfinity Network Price (BTF)
1,000,000,000 BTF
1,000,000,000 BTF
Bitfinity Network (BTF) Chart
Bitfinity Network (BTF) Return On Investment(ROI)
What Is Bitfinity Network(BTF)?
Bitfinity is a blazingly-fast (1000 TPS+), next-generation EVM, serving as a Layer Two for Bitcoin and other Bitcoin on-chain assets. With Bitfinity, you will be able to deploy smart-contracts for Bitcoin, Ordinals, BRC-20 - all written in Solidity.
Layer 2 solutions are ubiquitous in the Ethereum world, and primarily rely on zero-knowledge cryptography or optimistic rollups to create secure bridges between the base layer-1 chain and the layer-2.
Bitfinity instead uses a threshold cryptographic scheme, called Chain-Key, to create a secure decentralised bridge between Bitfinity and the Bitcoin blockchain. Chain-key is unique, in that no single node ever has access to the threshold key, the threshold key shares are regenerated on a periodic basis every 11 minutes through "moon-math".
What is the Bitfinity Network EVM?
The Bitfinity Network EVM is another name for the EVM Canister that InfinitySwap is building on the Internet Computer blockchain, which boasts several features that make it a robust platform for DeFi innovation. For starters, thanks to the Internet Computer's unique architecture and Chain Key technology, InfinitySwap's Bitfinity Network EVM is far more efficient than classic implementations of EVM on other blockchains, with zero gas fees on-chain storage capabilities and processing speeds comparable to traditional Web services.
Bitfinity Network Roadmap
- Bitcoin Bridging and Sharded Sidechain Development - The first phase involves building a high-performance Bitcoin sidechain that utilizes sharding to enhance scalability and throughput. This sidechain will support seamless Bitcoin bridging with open-source BitFusion, a community developed bridge using threshold signatures, allowing users to move BTC between the Bitcoin mainnet and the sidechain securely.
- Integration of Runes and Ordinals - In the second phase, the focus shifts to integrating Runes and Ordinals into the ecosystem. Runes, representing tokenized assets, and Ordinals, which function similarly to NFTs, will bring additional functionality and value to the sidechain, enabling more complex asset management.
- Creation of a Generic Token Integration Framework - To ensure the ecosystem's flexibility and expandability, the next step will involve creating a generic framework that allows for the integration of other tokens beyond Runes and Ordinals. This will enable diverse tokenized assets to operate within the sidechain seamlessly.
- Integration of BTC Staking - In the final phase, BTC staking functionality will be introduced. This will allow users to stake their Bitcoin on the sidechain, providing them with new opportunities for earning rewards while supporting the network's security and growth.
Bitfinity Network (BTF) Community
- Twitter: https://twitter.com/bitfinitynet
- Discord: https://discord.com/invite/bitfinity
- Medium: https://medium.com/@infinityswap
- Telegram: https://t.me/bitfinity_official
Bitfinity Network FAQ
What is the price of Bitfinity Network (BTF) token?
CoinCarp does not currently have price data for Bitfinity Network as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Bitfinity Network is live on an exchange, CoinCarp will provide real-time Bitfinity Network (BTF) token prices from different exchanges.
Is Bitfinity Network (BTF) token a good investment?
It depends on your personal risk tolerance and investment goals. Bitfinity Network is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Bitfinity Network investing, you will also need to understand the Bitfinity Network project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Bitfinity Network (BTF) token token?
CoinCarp's tracking data suggests that the Bitfinity Network is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Bitfinity Network from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Bitfinity Network.
How to short Bitfinity Network (BTF) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Bitfinity Network contracts or ETF trading. so you can't short Bitfinity Network
What will Bitfinity Network (BTF) token be worth in 5 years?
It is impossible to predict what Bitfinity Network will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Bitfinity Network's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Bitfinity Network 5 years from now.
BTF Price Statistics
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