BitCore is a cryptocurrency that is a UTXO fork of Bitcoin. Using Bitcoin’s source code and technology, BitCore created a new blockchain; making sure that the blockchain size is smaller and scalability was better. In addition, block timings are faster than Bitcoin, making mining ASIC-resistant as well.

Although 'BTX' was the ticker assigned at the deployment of the BitCore token's smart contract, it is in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this association and to avoid confusion in the marketplace, the alternative ticker 'BITCORE' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.