bitcoinR is based largely upon Satoshi’s original design of the technically decentralized Bitcoin blockchain. We paired this improved technology with a centralized economic governance model designed specifically to allow central-bank-like quantitative easing and quantitative tightening within set tolerances. This quantitative flexibility should equate to a more stable money supply, one that is less likely to be manipulated by an unseen hand.
We have chosen to re-begin with a new Genesis block to ensure equal ability for all to accumulate the new virtual currency unit XBR. To have forked and airdropped would have largely defeated the purpose of addressing the high concentrations of BTC through quantitative adjustment.
XBR’s network is called “bitcoinR”. In choosing this name, we give credit to Satoshi for their original design, with the newly appended “R” to signify the currency’s “Reserve”-like feature of quantitative flexibility.