Bitcoin 2
Crypto Overview
Project Overview
Bitcoin 2 (BTC2) appears to be a largely inactive or abandoned cryptocurrency project with minimal available information from reliable sources. Despite extensive research, there is a concerning lack of transparency regarding the project's founders, development team, and current status.
Intended Utility Analysis
The original stated purpose claimed to be an improvement over Bitcoin with faster transactions and lower fees, but there is no evidence of active development or real-world implementation of these features.
Actual Utility Assessment
The project shows extremely low trading volume, minimal to non-existent developer activity, and no significant real-world adoption or partnerships. There is no active community or recent updates to the project's codebase that can be verified.
Token Distribution and Governance
Information about token distribution, vesting schedules, and founder holdings is not publicly available, raising significant concerns about transparency and potential concentration of ownership.
Development Activity
There appears to be no recent development activity or technical updates that can be verified through public repositories or official channels.
Crypto Impact
To assign a comfort level investing in Bitcoin 2 from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Bitcoin 2.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.