Bitcoin vs Ampleforth Token
What problem does this service solve?
Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger. | Ampleforth's goal is to serve as an elastic cryptocurrency that will be less correlated to the price of Bitcoin, and will allow investors to diversity their Crypto portfolios. |
Token Stats
Company Description
Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank. | The Ampleforth token is a cryptocurrency with a variable supply. The total number of Ampleforth tokens in circulation changes daily and is adjusted according to the overall demand. The Ampleforth protocol is non-dilutive and ensures that the adjustments in supply that result in response to changes in demand occur proportionally across all the wallets in the network. This ensures that the percentage of each token holders overall ownership of the network remains stable, despite the adjustments in the overall token supply. The protocol is designed to reduce the correlation of the price of Ampleforth to the price of Bitcoin. |