About

Bitcoin Latinum aims to pick up where Bitcoin's idea of being a bankless and peer-to-peer electronic cash system left off. It is a next-generation Bitcoin fork capable of handling large transaction volumes, cybersecurity, and digital asset management. The idea is to solve the inherent problems of scalability and the TPS rate of its parent cryptocurrency, Bitcoin.

In addition, Bitcoin Latinum has taken a groundbreaking green initiative to achieve a carbon net-zero footprint by deploying a GPU-friendly consensus protocol system. The intent is to introduce a new paradigm for cryptocurrency utility.

Next Generation Crypto Currency

The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin Latinum – to trade under LTNM – will be mining-free, with a fixed supply of 888,888,888 pre-mined tokens. Legacy tokens, including Bitcoin and Ethereum, rely on a proof-of-work system to confirm transactions generated through mining, which has proven to be detrimental to the environment given the massive electricity demands have increased the consumption of fossil fuels such as coal.

Greener, Energy Efficient Consensus Mechanism

Creates potential for larger mining using public cloud infrastructures by adopting GPU-friendly mining algorithms. It also avoids the need for ASICs like Equihash or other hardware equipment. Moreover, Bitcoin Latinum enforces network nodes' capability and connectivity rules to improve the overall performance of the mining network.

Secure

All Bitcoin Latinum nodes implement Core Workload Protection strategies to secure the network. All these nodes must meet network requirements to become a member of an "Approved Party" to access the PoS mechanism to further strengthen the ecosystem. Additionally, Bitcoin features a distributed transaction firewall to safeguard the network and also back up all important parts in HW.

High TPS Rate

Offers a highly scalable network that supports millions of transactions per day to facilitate retail transactions. Bitcoin Latinum also adopts a block size of 32 MB to ensure the network facilitates more transactions per minute at lower transaction fees. The network also uses sharding and non-chain transactions lightning protocols to improve the TPS rate.

Predictably Low Fees

Reduces the cost of Bitcoin transactions from the average of $10 to near-zero and even lower for lightning-based transactions. This is achieved with the larger block size for the network. As 32 MB blocks constitute a large number of transactions, more transactions can be processed per block. Therefore, shorter confirmation times and lower fees.

DeFi-Enabled

Bitcoin Latinum formulates a DeFi transaction network that facilitates secure and near-instant digital asset sales of Media, Cloud, and Gaming. Since the network uses a PoS consensus model, token holders can participate in the network to earn yield on their holdings in exchange for securing the network.

Community Governed

Bitcoin Latinum uses a representative government model to achieve true democracy in its ecosystem. It is done by allowing community members to participate in the governance mechanism of the protocol via staking model. The goal is to protect Bitcoin Latinum from 51% attacks that often expose potential crippling flaws in many existing protocols.

Insured

A comprehensive insurance program in place to protect Bitcoin Latinum holders in case of internal collusion or external theft. Marsh & McLennan, a leading insurance brokers and risk advisers, to arrange a comprehensive insurance program for Bitcoin Latinum through their Asia division, Marsh Asia. The intent is to secure our community from any possible unfortunate event in the near future.

Media & Entertainment

Blockchain applications open the door for companies in media and entertainment to protect, license, and monetize product lines - enabling new ways for media ownership, distribution, and consumption. Media and Entertainment companies seeking blockchain solutions are turning to Bitcoin Latinum

Gaming

Futurize the gaming industry with the speed, transaction volume, and transparency of the Bitcoin Latinum blockchain. As blockchain technology helps monetize character avatars and in-game apparel, Bitcoin Latinum is the next- generation solution for metaverse economies

Cloud Computing & Storage

Blockchain is revolutionizing cloud computing and data storage services. Coupled with blockchain’s decentralized capabilities to support data storage on- chain, Bitcoin Latinum’s speed and transaction capacities redefine data transfer and cloud storage governance

Telecommunications

Bitcoin Latinum brings cutting edge telecommunication capabilities to the blockchain. Store consumer data, disseminate cutting edge technology, and power the Internet of Things (IoT) like never before through the Bitcoin Latinum blockchain.

Greener, Faster and Scalable Bitcoin

Bitcoin pioneered decentralized infrastructure and Ethereum brought programmability. But earlier proof-of-work blockchains consume massive amounts of energy and process transactions slowly in order to achieve acceptable levels of security. Heavy bandwidth consumption by these technologies leads to expensive fees, even for a simple cryptocurrency transaction.

The Bitcoin Latinum offers a highly scalable network that supports millions of transactions per day to facilitate retail transactions. By latest Proof of Stake (PoS) algorith, LTNM will be mining-free, with a fixed supply of 888,888,888 pre-mined tokens.

All Bitcoin Latinum nodes implement Core Workload Protection strategies to secure the network. All these nodes must meet network requirements to become a member of an "Approved Party" to access the PoS mechanism to further strengthen the ecosystem. Additionally, Bitcoin features a distributed transaction firewall to safeguard the network.

Transactions
per second

average
fee

transaction
confirmation

Energy
Consumption
per
Transaction

1st
Generation

Bitcoin

BTC

3+

TPS

$19.89

usd**

10-60

minutes

885+

kWh^^

2nd
Generation

Ethereum

ETH

12+

TPS

$17.41

usd^

10-20

seconds

102+

kWh^^

3rd
Generation

Bitcoin Latinum

LTNM

10,000+

TPS*

$0.1

usd*

1-3

Seconds*

0.00015

kWh*

News

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