bitcoinR

The Quantitatively-Flexible Electronic Reserve Currency

bitcoinR is a decentralized electronic reserve currency with a centralized, periodic open-market-operations function designed to stabilize against substantial fluctuation.


What is bitcoinR?

bitcoinR is a hybrid peer-to-peer transaction platform with decentralized nodes & centralized governance.


The bitcoinR currency (XBR) was created to serve as the global-reserve-cryptocurrency with a fixed supply and transparent valuation. 


When recognized by the wider market, these cryptonomic pegs provide underlying economic stability designed to promote the exchange of human work for monetary value.

bitcoinR: What does the "R" mean?

"R"ESERVE.

We believe in a capped money supply, but one that can be adjusted quantitatively.


A "reserve" currency is a currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, international investments and all aspects of the global economy.


bitcoinR via XBR, LLC has self-selected into government regulation in the United States of America.  We opted to become regulated as an MSB in the largest capital market on the planet as a means to encourage participation with and faith in the bitcoinR network and associated XBR digital currency.


We expect this to encourage enthusiastic participation by individual citizens as well as regulated entities such as banks, financial services firms, funds and insurance companies.

Regulated

As administrators of the XBR currency, we are regulated by the U.S. Dept of Treasury.

SHA-256 Mining Client 

The SHA-256 hashing algorithm was selected to easily allow mining of XBR with legacy Bitcoin Core mining equipment.

Store of Value

XBR was designed to be stable within a tolerance range of +/- 15%, an important quality for a true Store of Value.

Expert Team

An expert team with a heavy concentration from Harvard and MIT.

Target Price Stability: Year 2020

The price of XBR undergo quantitative adjustment beginning in Q3'2020.

Fair Initial Distribution

XBR has been divided 50/50 between  operations & our consensus community.

Participating in the bitcoinR Network

Three Methods of XBR Acquisition

Buy

 

XBR is a virtual currency, not a security and therefore may only be purchased via a Virtual Currency Exchange (VCE).

Earn

 

XBR may be acquired through the provision of human effort against a "bounty" or need posted by the bitcoinR network.

Mine


Windows, Mac OSX and Linux compatible mining software is available for download free-of-charge to enable individuals and entities to mine XBR.

Our Team

Our team's experience spans the breadths of technology, economics, mathemetics and the financial markets. 


Jessica Van Sickle

Program Manager

Nicholas Chavez

Technical Architect

Dr. Sumeet Malhotra

Distributed Computing Advisor

Khalid Malik

Machine Learning Advisor

Jessica Liu

Economic Advisor

Russ Vigil 

Legal Scholar, Advisor

Daniel Brenner

Cryptography & Mathematics Advisor

Corey Ciocchetti

Ethics Advisor

Tyler Cheeseman

PoW Mining Advisor