The first pure mined currency immune to 51% attacks
A new Proof of Work Cryptocurrency is immune from traditional 51 percent double spend and chain organization attacks.
All proof of work currencies except BTC and ETH have such low hashrates, they are severely at risk of a 51% double spending attack by a mining farm.
However, by not using its own Proof of Work to secure itself, 0xBTC is the only pure mined currency to be completely immune to such attacks. To accomplish this, 0xBTC is an ERC20 token and essentially pays for it’s security in the form of microfees (gas, in gwei, for each transaction) to the Ethereum network, just as every other ERC20 does. This means that even though 0xBTC is a pure mined PoW currency, in order to attack 0xBTC, one must successfully attack the entire Ethereum network and overcome a whopping 51% of it’s entire hashpower.
More traditional smaller PoW currencies will find themselves at greater and greater risk and are walking on 'thin ice' of the blockchain world as they topple like dominos. (See Bitcoin gold, Monero, and many others.) Meanwhile, 0xBTC users rest easy at night knowing the contract is immutable, permanent, and has PoW which is impossible to attack.