Bitnet

Bitnet is used to provide a secure, decentralised financial system that incorporates the strengths of both Bitcoin and Ethereum. It aims to address the issues of centralisation and governance that have been contentious in Ethereum's development while maintaining a commitment to decentralised principles. The platform is tailored to support advanced blockchain functionalities including smart contracts, enhanced scalability, and improved interoperability among different blockchain systems. This combination intends to offer a new standard in blockchain technology, potentially realigning the competitive landscape in favour of a more integrated and efficient approach.

The official Bitnet ticker is “BTN” and trades under that name on all the exchanges where it has been listed. The designation “BITN” is for CryptoCompare.com only.