Bitadd is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Bitadd is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Bitadd features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Bitadd is a proven medium of commerce complementary to Bitcoin.
Find general information as well as a list of services and exchanges that support Bitadd at the Bitadd Wiki.
Up-to-date network statistics can be found at Bitadd Block Explorer Charts.
Bitadd is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The Bitadd blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending bitadds.
This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Miners are currently awarded with 200 new bitadds per block which can be produced every 2.5 minutes , an amount which gets halved roughly every 9 years (every 1,892,160 blocks).
The Bitadd network is therefore scheduled to produce 999,999,999 bitadds.
You can contact Bitadd project development team at firstname.lastname@example.org