Bitcoin Vault update: BTCV Live price, price chart, news and markets

Bitcoin Vault

BTCV

$0.6425

-0.94%

Rank #1355 | Category

layer-1

altcoin

Market Cap

$1,346,371

Fully Diluted Market Cap

$13,491,866

Volume

$109,675

Bitcoin Vault Price Chart Update [BTCV]

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Bitcoin Vault Price Update Today

The BTCV price update as of now is $0.6425. In the previous 24 hours, its trading volume was $109,675, and its value has decreased by -0.94%. As of now, BTCV's live market cap is $1,346,371, and it is ranked as the #1355 on the Coincu. BTCV has a circulating supply of 19,856,922 and a maximum supply of 19,856,922.

About Bitcoin Vault

What Is BitcoinV?

BitcoinV is a cryptocurrency that utilizes the SHA-256 cryptographic hash function of Bitcoin. It introduces a proprietary wallet with a three-key system, providing users with a 24-hour window to cancel unauthorized transactions.

The Security Revolution of BitcoinV

By extending the default transfer time from 10 minutes to 24 hours and implementing an additional key for transaction cancellation, BitcoinV ensures enhanced security for its users. This innovative approach allows users to react and prevent potential theft in case of lost or stolen private keys, providing peace of mind and secure funds.

The Unique Features of BitcoinV

BitcoinV offers a diverse ecosystem with various types of wallets:

Standard Wallet
2-Key Vault Wallet
3-Key Vault Wallet

Each type of wallet enables users to send and receive crypto assets, but with different levels of transaction security. Alongside standard transactions, BitcoinV introduces Secure Fast transactions and reversible Secure transactions. The ability to cancel transactions within approximately 24 hours, equivalent to mining 144 blocks, is a groundbreaking feature in the crypto world. Users now have the power to stop suspicious or erroneous transactions before their funds are lost.

BitcoinV Security Keys

Standard Transaction Key

The Standard Transaction key is generated for each wallet and operates in the background to ensure smooth transaction processing. It serves as an invisible layer of extra safety and can also be used for wallet recovery in case of security breaches or technical issues.

Cancel Transaction Key

The Cancel Transaction key allows users to reverse transactions. By setting the confirmation time on the blockchain to 144 blocks, equivalent to approximately 24 hours, wallet owners can cancel regular BitcoinV transfers within this timeframe.

Fast Transaction Key

The Fast Transaction key is essential for executing quick transactions. It enables transfers to be completed in about 10 minutes, after the generation of a single block. BTCV users can now make rapid transactions with trusted parties.

BitcoinV Coin Circulation

The total supply of BitcoinV coins is limited to 21,000,000. The creation of new coins occurs through the process of mining, where miners pick up transactions and group them into blocks. Miners are rewarded for adding blocks to the blockchain, and the supply of BitcoinV is regulated by its software. For the latest information on the BitcoinV blockchain, visit: https://explorer.bitcoinvault.global/ .

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