Mineable by work. Committed by community.
Deflationary by design.
Take a stand against inflationary government currencies.
BitcoinSOV is a 100% community-driven cryptocurrency, and does not rely on centralized decision makers or traditional power structures to survive. This deflationary grassroots movement is built from the bottom-up, and is fully reliant on people like you to build it. We use non-violent methods of action – we fight for financial independence, and freedom from inflation.
1% of every BSOV transaction is destroyed forever.
The 1% transaction burn makes the BitcoinSOV cryptocurrency deflationary by design compared to the original Bitcoin (BTC), therefore stimulating supply scarcity and reducing token velocity. You are penalized by sending your BSOV, so to avoid loss you are incentivized to hold the tokens instead. This deflationary mechanism may make BitcoinSOV better suited as a Store-of-Value (SoV).
of circulating supply has already been destroyed.
Voluntary Proof-of-Commitment by the community
By using SovCube, the most committed token holders are able to timelock their BSOV to prove a high degree of commitment to the token holder integrity and longevity of the BitcoinSOV project. SovCube stimulates less sell pressure and more confidence in a cryptocurrency.
of circulating supply is already timelocked in SovCube.
Start mining BSOV with your graphics card
You can easily learn how to use your computer to compete for rewards by solving the never-ending computational problems provided by the ERC918 smart contract which BitcoinSOV is built upon. Mining is the only way to acquire BSOV, if you do not wish to buy it.