Bitcoin RM

About Bitcoin RM

Smart Fork, Symbol: BCRM

Every non-USA Bitcoin holder with atleast 0.001 BTC can file a claim for new coins. No need to divulge your Bitcoin private keys.

Empowering Retail Merchants

For Retail Merchants, those who want to start businesses and for those who support them. We believe in strong economies.

Mining Rewards cut every 2.7 years

Dynamic mining rewards that vary with time. Just 0.1% premine and 5% founders' reward if mining reward is at least 100 coins.

Ambitious Roadmap

Several milestones are planned: Affiliate System, RM Card, Payment Forwarder etc. For Retail Merchants and the entire user community.

Fork scheduled for August 2018

Snapshot date: around mid August. Fork is set to launch around last week of August.

Mine from Computer

ASIC resistant algorithm for better decentralization. Custom Equihash 144/5 proof-of-work algorithm. Anybody with Internet access can mine on a computer with GPU.

60 sec Block Interval

A new block can be mined every 60 seconds, instead of 10 minutes (Bitcoin default). This makes fast transactions possible.

Limited Coin Supply

Maximum coin supply is 1 Billion coins. All coins are mined with same algorithm.

Customized and Improved

Custom address prefixes. Custom port numbers and net magic numbers.

White Paper

Our White paper in: English Russian Spanish German Portuguese Indonesian Chinese

TEST NET

July 2018

Test Net for Internal use
Same algo as Main Net
Official Announcement
Begin Promoting
Build Community on Online Channels

Snapshot

August 20, 2018

Snapshot of Bitcoin
UTXOs of at least 0.001 BTC
Test Online Claim Process
Inform Claim Process
Final Testing of Mining

Main Net

August 30, 2018

Main Net for everyone
Equihash 144/5 with LWMA2
Internal Mining Up
96hr Close Monitoring
Engage Community

Claims

Sep-Oct 2018

Begin accepting claims
Test Net for everyone
Apply to Exchanges
Attract Merchants
Begin work on Roadmap

Team Members

Johnny

Founder

Conceived and started the project

Raphael

Co-Founder

Conceived and started the project

Marcus

Project Manager

Marcus is responsible for running the show

Withan

Developer

Lead Dev and Sys Admin for the team

Planned Roadmap

Aug 30 2018: Fork Launch

Launch mainnet. Begin accepting claims from Bitcoin holders. Advertising from Sponsors.

Dec 31 2018: Finish claims

Stop accepting claims. Start signing up merchants. Apply to list with Exchanges and form affiliate relationships.

May 15 2019: RM Card

Launch RM Card. Launch Payment Forwarder. Launch Affiliate System for merchants.

Jul 30 2019: Lightning

Implement Lightning Network. Partner with ATM vendors. Marketing to increase merchant signups.

Dec 31 2019: Atomic Swap

Test and implement Cross Chain Atomic Swap with Bitcoin and other popular Alt coins. Marketing for Instant Cashback System for merchants.

Jan 31 2020: Merchant Accounts

Launch complete Merchant Account package for retail merchants. It all essential services such RM Card, Affiliate System, Instant Cashback etc.

Mar 31 2020: Startup Fund

Launch Startup Support Fund to promote startup businesses. Provide capital and technical assistance to users with compelling business plans.

2018: Monitor Mining

Carefully monitor mining activities. Ensure that there is always sufficient mining activity to allow user transactions go through. Always provide a free miner to the community, free of Dev fee

2019: Mobile Wallets

Develop Mobile Wallets for Android and iPhone devices

And More

Please read White Paper for detailed roadmap planned for this and next year.