BTL Whitepaper

BTLedger - Blockless, Decentralized, Scalable, Lightweight and Feeless Distributed Ledger

– For Investors: BTL Asset Prospectus
– For Business Partners: BTL Business Plan

The VISION of the BTL Foundation

We believe in a highly secured, decentralized, scalable, feeless, censorship-resistant blockless distributed ledger.

BTL Blockless (chain) Technology Ledger:

    1. Highly secured = 51% Attack Resistant, 99% Fault Tolerant Consensus, and Quantum Resistant.
    2. Decentralized =
    3. Scalable =
    4. Feeless =
    5. Censorship-resistant =

The MISSION of the BTL Foundation

BTL a value transfer Cryptocurrency beyond banking, economics & markets, and a distributed autonomous business society.

The Action Plan

A. BTL Wallet with Built-in Exchange
– 100% on Blockchain + Blockless DAG (Directed Acyclic Graph)
– Android, Win, MacOS, Linux, iPhone wallets, with user-friendly hardware wallet support (Ledger Nano S, Trezor, Digital BitBox…)
– Anti-phishing protection.

B. BTL Payment Processor
– User-friendly and highly secure BTL Killer APP on the web and mobile phones, including main crypto and fiat currencies: BTL, BTC, WEBD, EUR, USD, LEU, and more. Exchange any of this currencies directly on the website or smartphone in just one minute or less!

C. BTL Debit Card for Worldwide Shopping, Travel & Trading
– BTL Cards allow users to spend funds held in a BTL wallet where traditional credit/debit cards are accepted. The direct integration of a BTL wallet will give users full control of their card. Virtual and physical Visa cards will be available.
– Feeless: Secure and fast money transfers to bank accounts in over 100 countries, while saving money by using the real exchange rate. Send and receive crypto / fiat transfers, and pay any of your contacts in BTL cryptocurrency.

D. BTL Peer-to-Peer Trading Platform
– Similar to LocalBitcoins.com, BTL P2P Trading Platform facilitates over-the-counter trading of local currency for Bitleu. Users post ‘Buy’ or ‘Sell’ advertisements on the website, where they state exchange rates and payment methods for buying or selling Bitleu coins. Other users reply to these advertisements and agree to meet the person to buy bitcoins with cash or pay with online payment system or banking.
– BTL P2P Trading Platform will have a reputation and feedback system for users and an escrow with conflict-resolution service.

The VALUES of the BTL Foundation

– consensus
– decentralization
– citizenship
– empowerment

Important Facts!

    BTL Foundation do not issue tokens for crowdfunding reasons, so Bitleu (BTL) will be a non-ICO cryptocurrency.
    Bitleu (BTL) is Hybrid (minable and non-minable cryptocurrency): 10% minable, 90% non-minable.