{"id":14469,"date":"2022-01-19T14:53:01","date_gmt":"2022-01-19T09:23:01","guid":{"rendered":"https:\/\/zebpay.com\/?p=14469"},"modified":"2022-01-19T14:53:01","modified_gmt":"2022-01-19T09:23:01","slug":"what-is-bitcoin-latinum","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-latinum","title":{"rendered":"What is Bitcoin Latinum?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-latinum\/#The_Greener_Bitcoin\" title=\"The Greener Bitcoin\">The Greener Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-latinum\/#More_Decentralisation\" title=\"More Decentralisation\">More Decentralisation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-latinum\/#Superior_Performance\" title=\"Superior Performance\">Superior Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-latinum\/#Asset-backed_cryptocurrency\" title=\"Asset-backed cryptocurrency\">Asset-backed cryptocurrency<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-latinum\/#Closing_thoughts\" title=\"Closing thoughts\">Closing thoughts<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Bitcoin Latinum is the future of Bitcoin. It is the next generation, insured asset-backed cryptocurrency. Built on the Bitcoin network, it is comparatively greener, faster, cheaper and more secure than Bitcoin. The team behind it intends to bring change in transactions to the gaming, cloud computing and media industries.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Greener_Bitcoin\"><\/span>The Greener Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Bitcoin Latinum has taken a very difficult objective \u2013 a zero carbon footprint. They aim to attain this objective by deploying an environmentally friendly strategy using a Proof of Stake (PoS) algorithm.<\/p>\n\n\n\n<p>PoS algorithms rely less heavily on electricity than <a href=\"https:\/\/zebpay.com\/blog\/why-proof-of-work-works\/\" target=\"_blank\" rel=\"noreferrer noopener\">Proof of Work<\/a> (PoW) algorithms. Hence the need for heavy weight equipment that can damage the environment is eliminated. Instead, users participate in validating the transactions by staking a portion of their tokens. Hence an energy efficient blockchain network is enabled and fully functional.&nbsp;<\/p>\n\n\n\n<p>The project is fully committed to the use of cryptocurrencies in a sustainable manner and is in support of the Crypto Climate Accord.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"More_Decentralisation\"><\/span>More Decentralisation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The use of PoS creates more inclusivity for the crypto community. As anyone can actively participate in the blockchain rather than only individuals who have heavy computing equipment.&nbsp;<\/p>\n\n\n\n<p>With easy access, there are more participants who are actively taking part to reap the benefits of staking. This promotes decentralisation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Superior_Performance\"><\/span>Superior Performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Bitcoin Latinum delivers much more superior performance compared to Bitcoin and Ethereum. It even offers lower transaction fees compared to PayPal, Visa and Mastercard.<\/p>\n\n\n\n<p>See how Bitcoin Latinum outperforms others down below \u2013<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/0u6s5qfDvvUbYkdknKRajh-uPUcF3BjH1MnPWACyGvtGTeVO3pi_NQAN0APN4Tk9AkmSxZLKLy0MTcrYV0PFlwtu_E2HIroiHUABnbGb229YV1SLtA6Aub_12uJZAb3sMZoUvK1F\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Asset-backed_cryptocurrency\"><\/span>Asset-backed cryptocurrency<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Users of the network are protected under a comprehensive insurance program in the event of a hack or theft. The nodes have even implemented workload protection strategies. All nodes are required to meet the network\u2019s requirements to become an \u201capproved party\u201d to access the consensus network.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-closing-thoughts\"><span class=\"ez-toc-section\" id=\"Closing_thoughts\"><\/span>Closing thoughts<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Bitcoin Latinum is a very futuristic project that aims to close up all the flaws and loopholes of the original Bitcoin network. It does present itself as a better alternative in terms of transaction speed and fees. However, it is not nearly as decentralised and secure as the Bitcoin network itself.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/pro.zebpay.com\/trade\/BTC-INR\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin is available for you to buy, sell and trade on our ZebPay platform.<\/a> You can now own Bitcoin for as small amounts as \u20b9100!<\/p>\n\n\n\n<hr class=\"wp-block-separator is-style-dots\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Latinum is the future of Bitcoin. It is the next generation, insured asset-backed cryptocurrency. Built on the Bitcoin network, it is comparatively greener, faster, cheaper and more secure than Bitcoin. The team behind it intends to bring change in transactions to the gaming, cloud computing and media industries.&nbsp; The Greener Bitcoin Bitcoin Latinum has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/14469"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=14469"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/14469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/14470"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=14469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=14469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=14469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}