Warning! BitConnect was conducted only as HYIP! Having the price over $ 500 + per coin BitConnect has become sharply cheaper and now (2018.04.17) the cost is $ 1.41 per coin. However, the project site still exists and if you have small amount of money and you want to risk, who knows maybe the coin will restore its position and even continue to grow.
About BitConnect
BitConnect (BCC) is the open source decentralized cryptocurrency of the BitConnect community, It was launched on November 15, 2016. The maximum possible number of coins Bitconnect - 28 million. Transactions in the network are made directly between users, checked by network nodes and recorded in a shared distributed book using the Proof of Work (PoW) and Proof of Stake (PoS) algorithms.
Protection methods PoW and PoS in cryptocurrencies are alternatives to each other and together complement each other perfectly. Proof of Work (PoW) is the principle of protecting systems from being used by hackers. It is achieved by compulsory execution of a specific task made by requesting person, which takes time to solve. Proof of Stake (PoS) is a check of the requesting person's currency amount who wants to create a block in the blockchain and the calculation of the probability of failure or confirmation of its operation.
There is no reliable information about the developers and the BitConnect team.
About BitConnect
The average rate on September 11, 2017 for 1 BitConnect is 126.33 US dollars. Capitalization of 842,546,838.00 US dollars.
You can use this cryptocurrency on the BitConnect network to pay for services, to store and invest, to exchange it for other electronic or fiat money.
BitConnect features
1. The possibility of earning by owning - acquiring BCC you get a percentage of the investment. You keep the currency in your wallet used for rewards from the company, but the funds will be blocked for 200 days.
2. Security flowcharts.
3. Transaction speed.
4. Decentralization.
