Technology

The development pipeline of the Britannia Coin ecosystem has been focused on producing a coin of an excellent degree of efficiency, coding architecture and security on par with that of Bitcoin itself, as well as meeting the core values of the BritanniaCoin project as a whole. This set of requirements meant that the programming architecture had to be completed to the utmost precision. As a result, instead of simply creating a token that is part of another blockchain’s network, our technology uses a fully native blockchain and wallet ecosystem.

Faster Block Confirmation Time

Reduced Transaction Costs

Lines of Code

In Britannia coin, over half a million lines of computer code, involving detailed adjustments to the genesis block scripts, consensus parameters and network address prefixes, work together to create a sophisticated, high-grade architecture, which along with the Britannia coin converged node infrastructure, grants excellent network stability. Elements such as the block validation times for new transactions, blockchain parameters and transaction structures have all been carefully adjusted to create the various elements of our coin. Compared to bitcoin, where blocks are validated every 10 minutes, the confirmation time for BritanniaCoin blocks is only 8 minutes, making it 20% faster in this area.

The dynamic fee structure for our network’s processing capacity, initially set at 0.125BRT per kilobyte of transaction size means that our own network fees are amongst the smallest in the cryptocurrency market, averaging less than $1 dollar per transaction, compared to bitcoin which at times can average $4 per transaction. This is equivalent to a 75% reduction in processing fees during those periods.

Britannia Coin's source code is freely available to view on the GitHub platform. Either click the button below or search for the britanniacoin-official repository on GitHub.