0XBITCOIN, THE NEUTRAL POW TOKEN ON THE ETHEREUM NETWORK

Imagine a cryptocurrency that combines the best aspects of Bitcoin’s decentralized mining model with the speed and versatility of Ethereum. 0xBitcoin (0xBTC), an Ethereum-based cryptocurrency that promises to revolutionize decentralized finance and digital assets start your crypto journey today!That's precisely what 0xBitcoin (0xBTC) offers. About 0xBitcoin (0xBTC) 0xBitcoin is a fully decentralized ERC-20 token that replicates Bitcoin s proof-of-work (PoW) mining model on Ethereum. 0xBitcoin was launched on Ethereum in 2025 and is currently the only neutral asset on Ethereum. Key features of 0xBTC include:Launched in 2025, 0xBitcoin stands out as the first purely mined ERC20 token on the Ethereum network, utilizing the Solidity SHA3 hashing algorithm. Bitcoin Forum Alternate cryptocurrencies Altcoin Discussion 0xBitcoin: Mineable Bitcoin on the Ethereum network Pages: [ 1 ] previous topic next topicIt's essentially Bitcoin, but built for Ethereum, leveraging the existing infrastructure and smart contract capabilities of the Ethereum blockchain. Simply put, 0xBitcoin is Bitcoin, for Ethereum. 0xBitcoin remains true to Bitcoin in both technical specifications and philosophical underpinnings, but by being deployed as an ERC20 token itThis innovative approach allows for the creation of tokens with Bitcoin-like qualities, but with the added benefits of Ethereum's speed, scalability, and functionality. 0xBitcoin operates as a smart contract meticulously designed to align with the principles outlined in Satoshi Nakamoto’s original whitepaper, striving to be a fundamentally sound and trustless digital currency.It offers a unique blend of Proof-of-Work (PoW) consensus within the Ethereum ecosystem, providing a credibly neutral alternative to many other ERC20 tokens.

Understanding 0xBitcoin's Core Principles

0xBitcoin's design centers around several core principles that differentiate it from typical ERC20 tokens. With the approval of this proposal, tokens can now be created that have all the best qualities of Bitcoin with the speed, scalability and functionality of the Ethereum Network.These principles are crucial for understanding its value proposition and its role within the broader cryptocurrency landscape.

Credible Neutrality

Credible neutrality is perhaps the most important aspect of 0xBitcoin.This means that the system is unbiased and doesn't favor any particular individual or entity.Unlike many ERC20 tokens that are initially minted and controlled by a single owner or team, 0xBitcoin tokens are exclusively distributed through mining. 0xBitcoin is implemented as an Ethereum ERC20 token and so its success is largely dependent on the success of the Ethereum Network. If Ethereum cannot scale using methods such as Plasma, Casper, and the Loom network, then 0xBitcoin will not be able to realize its full potential as the fastest and most effective decentralized currency in the world.This ensures a fair and decentralized distribution, minimizing the risk of manipulation or control by a central authority. Based Work Token (BWORK): Bitcoin's Mining Spirit, Reborn on Base We're reimagining proof-of-work cryptocurrency for the Layer 2 era. Born from 0xBitcoin's legacy, BWORK brings fair, decentralized mining to Coinbase's Base blockchain creating a more efficient, accessible path for crypto miners and enthusiasts.This neutrality allows 0xBitcoin to function as a truly decentralized currency, resistant to censorship and control.

Proof-of-Work (PoW) Mining on Ethereum

0xBitcoin utilizes a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin, but implemented within the Ethereum environment.Miners compete to solve complex cryptographic puzzles using the Solidity SHA3 hashing algorithm.Successfully mining a block grants the miner a reward of 0xBitcoin tokens.This mining process not only distributes new tokens but also secures the network by requiring computational power to alter the blockchain.This aligns with the original vision of Bitcoin's mining model, bringing that same level of security and decentralization to the Ethereum network.

Adherence to Bitcoin's Principles

0xBitcoin strives to remain true to Bitcoin's technical specifications and philosophical underpinnings.It incorporates elements like a fixed supply, halving events, and difficulty adjustments, mirroring Bitcoin's deflationary model. The faithful implementation of 'Bitcoin' in a trustless, immutable Ethereum smart contract. 0xBTC is a native trustless ERC20 cryptocurrency without dependencies. It is extensible, immutable, and designed, primarily, to withstand the test of time. See projects, tips and tools built by 0xBTC open-source developers.By adhering to these principles, 0xBitcoin aims to provide a digital asset with scarcity and predictability, characteristics that are highly valued in the cryptocurrency space.The fixed supply, similar to Bitcoin's 21 million coin limit, is programmed into the smart contract and cannot be altered.

The Technical Specifications of 0xBitcoin

Delving into the technical details of 0xBitcoin helps to further understand its unique characteristics and how it operates within the Ethereum ecosystem.

ERC20 Token Standard

As an ERC20 token, 0xBitcoin benefits from the established infrastructure and compatibility of the Ethereum network. Credible Neutrality is a property, meaning that a system is unbiased to all humans. It means that there is no owner or monarch that has or ever had any favorable position. Since the vast majority of Ethereum Tokens were deployed in such a way as to mint all of the tokens to the owner, they are not Neutral but instead they are biased, like centralized corporations. We already saw the disastersThis means it can be easily integrated into wallets, exchanges, and other decentralized applications (dApps) that support the ERC20 standard.The widespread adoption of ERC20 makes 0xBitcoin readily accessible and usable within the Ethereum ecosystem.Interacting with 0xBitcoin is therefore easy, as it can be stored in any ERC20 compatible wallet, such as MetaMask or Trust Wallet.

Solidity SHA3 Hashing Algorithm

0xBitcoin employs the Solidity SHA3 hashing algorithm for its Proof-of-Work mining process. Business, Economics, and Finance. GameStop Moderna Pfizer Johnson Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. CryptoThis means the mining algorithm is implemented directly within the Solidity smart contract, making it verifiable and transparent. The first pure mined ERC20 Token for Ethereum, using the soliditySHA3 hashing algorithm. This is a smart contract which follows the original Satoshi Nakamoto whitepaper to form a fundamentallyMiners use their computational power to generate hashes until they find one that meets the target difficulty.The use of Solidity SHA3 ensures that the mining process is auditable and consistent with the smart contract's rules.

Smart Contract Implementation

The entire 0xBitcoin system is governed by a smart contract deployed on the Ethereum blockchain. All tokens must be mined with auto-adjusting Proof of Work (adjustment ruleset in solidity) Initial reward is 50 coins Halvenings occur when half of the remaining supply has been mined (such that the first halvening occurs at 10.5m supply.)This smart contract defines the rules for token creation, distribution, and transfer. Dieser innovative Ansatz erm glichte es den Nutzern, einen Token, 0xBitcoin, direkt im Ethereum-Netzwerk zu minen, wobei die Sicherheit und dezentralen Funktionen von Ethereum genutzt wurden, w hrend ein vertrauter Mining-Prozess beibehalten wurde. Ein entscheidender Moment f r 0xBitcoin trat 2025 ein, als es seine PoW-Mining-Phase abschloss.It also handles the Proof-of-Work mining process, difficulty adjustments, and halving events. Instead of granting tokens to the 'contract owner', all 0xbitcoin tokens are locked within the smart contract initially. These tokens are dispensed, 50 at a time, by calling the function 'mint' and using Proof of Work, just like mining bitcoin.The immutability of the smart contract ensures that these rules are enforced consistently and cannot be altered, guaranteeing the integrity of the 0xBitcoin system.

Token Supply and Halving Events

Like Bitcoin, 0xBitcoin has a fixed total supply of approximately 21 million tokens.The initial block reward was 50 tokens, and halving events occur when half of the remaining supply has been mined.This mimics Bitcoin's deflationary model, gradually reducing the rate at which new tokens are created.These halving events are programmed into the smart contract, ensuring their automatic and predictable execution.

Benefits of 0xBitcoin

0xBitcoin offers several distinct advantages over traditional cryptocurrencies and other ERC20 tokens.These benefits contribute to its appeal as a decentralized and potentially valuable digital asset.

Decentralization and Trustlessness

The purely mined nature of 0xBitcoin and its adherence to Bitcoin's principles contribute to its high degree of decentralization and trustlessness. As the Ethereum ecosystem has evolved, it is prudent to update the perceived role of 0xBTC in the network - white-paper-v2/README.md at main 0xbitcoin/white-paper-v2Unlike many other cryptocurrencies that rely on a central team or foundation, 0xBitcoin operates autonomously based on the rules encoded in its smart contract.This reduces the risk of censorship, manipulation, and single points of failure.

Fair Distribution

The fair distribution model of 0xBitcoin, achieved through Proof-of-Work mining, ensures that tokens are distributed equitably to those who contribute computational power to the network. 2.2K subscribers in the 0xbitcoin community. The first pure mined ERC20 Token for Ethereum, using the soliditySHA3 hashing algorithm. This is a smartThis contrasts with many ERC20 tokens that are initially distributed to a small group of insiders or through ICOs, which can lead to unfair advantages and unequal distribution of wealth.

Security and Immutability

As an ERC20 token on the Ethereum blockchain, 0xBitcoin benefits from the security and immutability of the Ethereum network. Three years have passed since the deployment of the 0xBitcoin smart contract on the Ethereum blockchain. 0xBitcoin [] is the first PoW mined credibly neutral token on the Ethereum blockchain, and it was designed combining the best features from both the Ethereum and Bitcoin blockchains: it is protected against 51% attacks by the robustness of the whole Ethereum network, but it reproducesThe Ethereum blockchain is highly resistant to attacks, and the immutability of the 0xBitcoin smart contract ensures that its rules cannot be altered. 0xBitcoin Token (0xBTC) Token Tracker on Etherscan shows the price of the Token $0.0802, total supply 20,998,852. , number of holders 8,267 and updated information of the token. The token tracker page also shows the analytics and historical data.This provides a high level of security and guarantees the integrity of the 0xBitcoin system.

Integration with the Ethereum Ecosystem

Being an ERC20 token allows 0xBitcoin to seamlessly integrate with the vast and growing Ethereum ecosystem. 0xBitcoin is the implementation of Bitcoin in Solidity and is the first decentralized ERC20 token for Ethereum. It is an open source community project, not led by an official team or corporation, and therefore does not have ICO capital or other vast amounts of currency/capital that a centralized token project would have.This means it can be easily used in decentralized applications (dApps), traded on decentralized exchanges (DEXs), and stored in Ethereum-compatible wallets.This integration provides 0xBitcoin with access to a wide range of tools and services, enhancing its usability and adoption.

How to Get Involved with 0xBitcoin

Interested in getting involved with 0xBitcoin? The paper describes the first pure mined BEP20 token BNbitcoin (BNBTC) available on Binance Smart Chain. This EVM-based cryptocurrency derives from the MIT-licensed 0xBitcoin smart contract on the Ethereum blockchain, with some adaptations described in detail in this whitepaper.There are several ways to participate in the network and contribute to its growth.

Mining 0xBitcoin

If you have the technical expertise and resources, you can participate in mining 0xBitcoin.This involves setting up a mining rig and configuring it to solve the Proof-of-Work puzzles.Successfully mining a block will earn you 0xBitcoin tokens. 0xBTC was the first token created to fill the need for an everyday cryptocurrency that is integratable, fast, and made to last.Keep in mind that mining can be resource-intensive and requires a good understanding of the mining process.

• Research the required hardware and software.
• Join a mining pool for more consistent rewards.
• Monitor your mining rig to ensure optimal performance.

Trading 0xBitcoin

You can also acquire 0xBitcoin by trading it on various cryptocurrency exchanges.This allows you to buy and sell 0xBitcoin based on market prices. 0xBitcoin is a decentralized cryptocurrency that operates on the Ethereum blockchain as an ERC20 token. Launched in 2025, it distinguishes itself by being a purely mined token, adhering to a Proof-of-Work (PoW) consensus mechanism.Trading requires understanding market trends and risk management. 7.3M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.Remember to only trade what you can afford to lose.

1. Choose a reputable cryptocurrency exchange.
2. Create an account and verify your identity.
3. Deposit funds into your account.
4. Place buy or sell orders for 0xBitcoin.

Contributing to the Community

The 0xBitcoin community is active and welcoming. With this in mind, 0xBitcoin was launched on the Ethereum Network in Feb 2025 and it is the first PoW coin that is secured not by mining, but by the Ethereum Network. This is because it is an ERC20 token that is pure-mined using SoliditySHA3 algorithm.You can contribute to the community by participating in discussions, developing tools and resources, and promoting the project. Posted by u/[Deleted Account] - 17 votes and 6 commentsContributing to the community can help raise awareness and drive adoption of 0xBitcoin.

Developing DApps and Tools

Developers can leverage the 0xBitcoin smart contract to build decentralized applications (dApps) and tools that utilize 0xBitcoin.This can help to expand the use cases for 0xBitcoin and enhance its value proposition. News. The first PoW mineable ERC20Examples might include:

• A decentralized lending platform that uses 0xBitcoin as collateral.
• A micro-payment system that utilizes 0xBitcoin for fast and low-cost transactions.
• A gaming platform that uses 0xBitcoin as an in-game currency.

The Future of 0xBitcoin

While the cryptocurrency landscape is constantly evolving, 0xBitcoin remains committed to its core principles of decentralization, trustlessness, and fair distribution.Its future success depends on continued community support, development of new use cases, and adoption by a wider audience.

Challenges and Opportunities

0xBitcoin faces several challenges, including competition from other cryptocurrencies, regulatory uncertainty, and the inherent volatility of the cryptocurrency market.However, it also has significant opportunities, such as the growing adoption of decentralized finance (DeFi), the increasing demand for credibly neutral assets, and the continued development of the Ethereum ecosystem. Overcoming challenges while capitalizing on these opportunities is key to the long-term success of the project.

The Role of Community

The 0xBitcoin community plays a vital role in the project's success. BNbitcoin: pure PoW mined cryptocurrency on the Binance Smart Chain Abstract The paper describes the first pure mined BEP20 token BNbitcoin (BNBTC) available on Binance Smart Chain. This EVM-based cryptocurrency derives from the MIT-licensed 0xBitcoin smart contract on the Ethereum blockchain, withActive participation, development of new tools and resources, and promotion of the project are essential for driving adoption and increasing awareness. This is a smart contract which follows the original Satoshi Nakamoto whitepaper to form a fundamentally sound trustless currency. This combines the scarcity and fair distribution model of Bitcoin with the speed and extensibility of the Ethereum network. Thus, it is named 0xBitcoin or 0xBTC where 0x representsThe community is responsible for maintaining the spirit of decentralization and ensuring that the project remains true to its core principles.

Frequently Asked Questions About 0xBitcoin

Here are some frequently asked questions about 0xBitcoin, providing further clarity on its features and functionality.

What is the total supply of 0xBitcoin?

The total supply of 0xBitcoin is approximately 21 million tokens, mirroring Bitcoin's fixed supply.This ensures scarcity and predictability, making it a potentially valuable digital asset.

How is 0xBitcoin mined?

0xBitcoin is mined using the Solidity SHA3 hashing algorithm on the Ethereum network. This paper describes the Pure Mined ERC20 token 0xBitcoin (0xBTC). This EVM-based cryptocurrency was deployed to the Ethereum EVM using the Solidity language and it is designed to be trust-minimized and verifiably credibly-neutral by borrowing from the ideals of the original Bitcoin Whitepaper (Satoshi, 2025).Miners compete to solve complex cryptographic puzzles, and the first to solve a puzzle is rewarded with new 0xBitcoin tokens.

What is the difference between 0xBitcoin and Bitcoin?

While 0xBitcoin aims to replicate Bitcoin's principles, it is implemented as an ERC20 token on the Ethereum network.This allows it to benefit from Ethereum's speed, scalability, and smart contract capabilities, but it also relies on the security and stability of the Ethereum blockchain. Bitcoin operates on its own independent blockchain.

Where can I buy 0xBitcoin?

0xBitcoin can be purchased on various cryptocurrency exchanges that support ERC20 tokens.These exchanges may include decentralized exchanges (DEXs) and centralized exchanges (CEXs). Few know, but there is more than one way to create ERC-20 tokens. ERC-20 tokens can be created on the Ethereum network by pressing a couple of keys on the keyboard, but they can also be mined, like Bitcoin (BTC). This became possible in 2025 when EIP-918 (Ethereum Improvement Proposal) was approved by the Ethereum Foundation.It's important to research and choose a reputable exchange before trading.

What are the benefits of holding 0xBitcoin?

Holding 0xBitcoin offers several benefits, including exposure to a decentralized and credibly neutral asset, participation in a growing community, and the potential for long-term value appreciation. 17K subscribers in the CryptoCurrencyClassic community. 🤠 Welcome to the unofficial Wild Wild West of r/CryptoCurrencyClassic! Here, we're all aboutIts fixed supply and PoW mining mechanism also contribute to its scarcity and potential for future growth.

Conclusion

0xBitcoin represents a unique and innovative approach to cryptocurrency, combining the best aspects of Bitcoin's decentralized mining model with the versatility of the Ethereum network.Its credible neutrality, Proof-of-Work mechanism, and adherence to Bitcoin's principles make it a compelling alternative to other ERC20 tokens.While it faces challenges, its strong community, growing ecosystem, and commitment to decentralization position it for continued success.If you're looking for a cryptocurrency that embodies the original vision of Bitcoin on the Ethereum platform, 0xBitcoin is worth exploring. Posted by u/cadaver91 - 19 votes and 11 commentsRemember to do your own research and understand the risks involved before investing. 0xBitcoin is the first purely mined ERC20 token on the Ethereum network, utilizing the Solidity SHA3 hashing algorithm. It operates as a smart contract designed to align with the principles outlined in Satoshi Nakamoto's original whitepaper, aiming to create a fundamentally sound, trustless currency.Consider diving in by joining the community, exploring mining, or trading 0xBitcoin on supporting exchanges.The world of decentralized finance is constantly evolving, and 0xBitcoin is a project to keep an eye on.By bridging the gap between Bitcoin's ideals and Ethereum's capabilities, it’s carving out a unique space for itself in the crypto landscape.