Bittube is a native Cryptocurrency created on Bittube Blockchain whose transaction takes place from one peer to another without involvement by the government thus is being considered to be decentralized. Bittube cryptocurrency was mainly created to to reward users for browsing on several website as well as for watching videos. Bittube was also created to enable users to link their social media accounts as well as website such that when their followers and website subscribers are browsing through their page on their social media account, the users are earning based on counted time.
Bittube transaction takes place on the Bittube blockchain Explorer based on Bittube blocks height and timestamp. To view how Bittube transaction takes place on the Bittube blockchain explorer, simply follow the link below;
Bittube was founded in 2017 but was first released to the public in 2018 with the main aim of replacing the advertising business model . Since then, the developers have been working so hard to improve its features.
Founder Of Bittube
Bittube was created by Saber Maram, a Spanish Programmer and an entrepreneur
Process of creating Bittube
Bittube is created through the mining process by aid of GPU and CPU hardware in the presence of internet and electricity using the CryptoNight Heavy Saber algorithm.To mine using CPU and GPU, you have to download the software .You can either choose to become a solo miner which is less rewarding since it can take a lot of time for a block to be discovered or can decide to share your computing power by joining a pool which is more rewarding since it takes very little time for a block to be discovered. Out of the Mined Bittube, 70% goes to the miners while 30% goes to content creators and content viewers based on airtime counted model.
Maximum circulation of Bittube
The maximum supply of bittube that is expected to be in circulation upon completion of its Mining process is expected to be 1,000,000,000.Unlike bitcoin where there is halving of its block reward reward every year, for bittube, there will be no halving. Instead, the block reward will keep on decreasing with time
Currently, 1 Bittube is worth more than $0.025 and its price is expected to increase over the next period of time. Bittube is being abbreviated as tube.
Converting my Bittube to other cryptocurrencies
To convert your Bittube to other cryptocurrencies such as bitcoin , you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your Bittube to bitcoin
Storing my Bittube
To store your Bittube, you need a Bittube wallet or other supported cryptocurrency wallets.You can use , coinpayment or other supported Bittube wallets. For the safety of your Bittube, you can use offline Bittube wallet like GUI wallet.
Transferring my bittube to other Users
If you want to transfer your bittube to another user, the two of you must have trust on each other. The trust should be the bittube address and payment ID provided by the receiver while the sender must have some bittube balance in their account to send to the receiver .For the sender, a blank space to insert receiver address and payment ID and another blank space to insert amount to send to receiver is indicated .Here is how it looks like;
Knowing More about bittube
If you feel that you need to learn more about Bittube, then you can follow them on their site. Here is the link redirecting you to Bittube site.When you follow them, make sure to register your account by adding bittube to your chrome browser
Also, bittube have their own social media platofrm where you can link it to bittube app extension and start earning from it whenever your followers are browsing through it. You can livestream videos over there as well as you can upload videos and images over there and start monetizing from them. To join their social media platform, simply follow the link below
Now that you know, i think that it is time for you to start Mining bittube.You can also stake your mined bittube to earn more interest. If you feel that i should also own some for helping you to know more about this cryptocurrency, here is my Bittube address and my payment ID:
Payment ID: b6f6482e0f284bea9b8b80f701d1d4174396029059e44704836591a672b9b51f