What is Silver Bit?
SilverBit’s conceptual goal is to become an ultra-scarce non-government controlled storage of wealth with software facilities to increase that wealth over time and that is an instantly transferable asset with zero storage cost.
SilverBit is a digital token that allows people to send coins anywhere in the world instantly, securely and at near zero cost. It focuses on creating a multi entry, high rewards monetary system that empowers people to achieve financial freedom through blockchain based technology.
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WHY SILVER BIT?
There will be only 7.5 million SilverBits created, making this one of the most scarce electronic commodities.
Holders of SilverBit can earn extra tokens just by holding SilverBit for a period of time, greater than or equal to The Minimum Coin Age.
The moment you acquire SilverBits it becomes an asset, a storage of wealth, with built in software facilities that increase it’s value over time.
Security lies at the core of SilverBit. Transactions are secured by the state of the art security algorithm. Thanks to advanced cryptography gaining access to your account is practically impossible.
SilverBit has been designed to be excellent for quick transfers. Masternodes powered by Ethereum blockchain significantly reduces confirmation time while fast block times ensure unparalleled speed.
The fixed supply mechanism gives SilverBit deflationary characteristics and with increasing demand SilverBit prices will rise. Unlike other coins that have an unlimited/high circulating supply that can be diluted by adding more coins thereby decreasing their value.
Proof-of-Stake approach not only dramatically reduces carbon footprint but also dramatically lowers electricity consumption making it environmentally friendly.
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