Cryptocurrency attributes
Other attributes
BitAU isn’t just for speculation. It’s intended usage is a peer to peer electronic currency, which means, it should be spent. Spending BitAU is fast, with near-instant transactions and sub-cent transaction fees, making it the most secure and widely used digital currency on the planet.
As a Friendly Fork, we offer a coin as easy and familiar to implement as Bitcoin, but with plenty of space for new ideas. That's why we have a thriving economy and ecosystem.
BitAU is extended by Lighting Network, which scales to route nearly limitless payments per second. This is an example of a "third layer" solution living atop the main blockchain. Second layers and side chains enable technologies like smart contracts which can run at blazing speeds, secured by the underlying BAU mainchain.
BitAU uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
