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Bitica, a blockchain platform, has adopted DPoS as its consensus mechanism, revolutionizing the way transactions are validated and blocks are added to its blockchain. In this article, we will delve into what DPoS is and how it functions within the Bitica ecosystem.

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What is Bitica ?

Bitica's Delegated Proof of Stake (DPoS) Consensus Mechanism

In the realm of blockchain technology, consensus mechanisms play a pivotal role in maintaining the integrity and security of the network. One such consensus mechanism that has gained significant attention is Delegated Proof of Stake, often abbreviated as DPoS. Bitica, a blockchain platform, has adopted DPoS as its consensus mechanism, revolutionizing the way transactions are validated and blocks are added to its blockchain. In this article, we will delve into what DPoS is and how it functions within the Bitica ecosystem.

How Does Bitica DPoS Blockchain Work?

Delegated Proof of Stake is a consensus algorithm designed to provide efficiency and scalability to blockchain networks. It was first introduced by Daniel Larimer in 2014 and has since been implemented by various blockchain projects, with Bitica being one of them.

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Delegates and Voting

In a DPoS system like Bitica, the blockchain is maintained by a select group of individuals or entities known as "delegates" or "witnesses." These delegates are responsible for validating transactions, producing new blocks, and ensuring the smooth operation of the network.

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Block Production

Unlike Proof of Work (PoW) systems, where miners compete to solve complex mathematical puzzles to add blocks to the chain, DPoS relies on a smaller number of pre-selected delegates to produce blocks. This reduces the computational power and energy consumption required, making DPoS more energy-efficient.

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Block Confirmation

Transactions within the Bitica network are confirmed quickly because the consensus process is streamlined through the selected delegates. This results in faster transaction times compared to PoW-based blockchains like Bitcoin.

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DPoS is designed to maintain a high level of security by relying on a smaller group of trusted delegates. These delegates are incentivized to act honestly because they have a reputation to uphold, and token holders can vote them out if they misbehave.

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DPoS offers flexibility by allowing token holders to change their delegate votes at any time. This feature ensures that the network can adapt to changing conditions and maintain a consensus among token holders.

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DPoS allows Bitica to scale efficiently, as the network is not congested with computational work like PoW-based systems.


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BDCC Coin Allocation

Bitica is a blockchain-based cryptocurrency that operates on a unique and transparent tokenomics model designed to foster a secure and decentralized ecosystem. Bitica's tokenomics can be broken down into several key components.

BDCC Coin Total Supply : 18,000,000,000
BDCC Coin Circulating Supply : 9,000,000,000

  • 20%Founder
  • 18% Staking Bonus
  • 22%Liquidity Market Making Fund
  • 7.5%Future Investor
  • 7.5%Gaming, Sports, E-commerce, NFT
  • 5%Bitica Cricket Team
  • 4%Cex launch pad reserve
  • 3%Metaverse Partnership
  • 3%Artificial Intelligence Partnership
  • 2%Charity
  • 2%Employee
  • 2%Cex,Dex, Listing
  • 1%Ecosystem
  • 1%Advisor/Partner
  • 1%Airdrop
  • 1%Marketing

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Frequently Asked Questions

Bitica's DPoS blockchain is a decentralized blockchain platform that employs a Delegated Proof-of-Stake consensus mechanism. It offers a secure and efficient way to validate and record transactions on the blockchain.
DPoS, or Delegated Proof-of-Stake, is a consensus mechanism in which a fixed number of delegates are elected by token holders to validate transactions and secure the network. It aims to achieve both decentralization and scalability.
DPoS differs from other mechanisms like Proof-of-Work (PoW) and Proof-of-Stake (PoS) by relying on a smaller group of elected delegates to validate transactions instead of all network participants. This increases transaction throughput and reduces energy consumption.
To become a delegate on Bitica's DPoS blockchain, a candidate typically needs to be nominated and voted for by token holders in the network. The top vote-getters become active delegates responsible for validating transactions.
DPoS offers faster transaction confirmation times, increased scalability, and energy efficiency compared to PoW. It also allows token holders to participate in network governance by voting for delegates.
Security in a DPoS blockchain is maintained through the reputation and integrity of elected delegates. Delegates have a vested interest in preserving the network's security, as any malicious activity could result in the loss of trust and votes from token holders.
If a delegate on Bitica's DPoS blockchain misbehaves or becomes inactive, they may lose votes and reputation, potentially leading to their removal from the active delegate list. This process helps maintain network integrity.
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