Bitnet current market price is $0.171 with a 24 hour trading volume of $17,042. The total available supply of Bitnet is 2,032.00K BTN. It has secured Rank 3274 in the cryptocurrency market with a marketcap of $348.01K. The BTN price is 10.42% up in the last 24 hours.
The lowest price of the Bitnet is $0.153 & the highest price is $0.177 in the last 24 hours. Live Bitnet prices from all markets and BTN coin market Capitalization. Stay up to date with the latest Bitnet price movements. Check our coin stats data and see when there is an opportunity to buy or sell Bitnet at best price in the market.
$0.171
$0.02 10.42%
$0.153 / $0.177
$348.01K 10.69%
(Not Available)
$17,042
2,032.00K BTN
(Not Available)
10.42%
1.31%
3.73%
25.57%
56.13%
0%
Bitnet: Bridging Innovations and Foundational Principles in BlockchainLaunched on July 14, 2023, Bitnet emerges as a transformative blockchain platform aiming to reconcile the legacy of Bitcoin’s trustlessness and decentralization with Ethereum’s technological advancements. It seeks to address the challenges that have historically prevented Ethereum and other subsequent blockchain projects from overtaking Bitcoin's dominant position in the market. Despite Ethereum's status as the second-most renowned blockchain, it has been unable to close the significant gap with Bitcoin, among other reasons, due to contentious initial coin distribution, a shift towards a proof-of-stake consensus model, and concerns over centralization and governance practices.Bitnet distinguishes itself by adopting Bitcoin’s principles of equitable launch while seamlessly integrating Ethereum’s innovations in smart contracts, scalability, and interoperability, alongside its own unique technological enhancements. This strategic fusion aims to set a new standard in the blockchain space by providing a secure, decentralized financial system that combines the best aspects of its predecessors. While still in its nascent phase and its impact speculative, Bitnet is positioned as a potential contender capable of challenging Bitcoin's supremacy, indicating a significant paradigm shift in the blockchain landscape.
