C-Bits serves as a parallel Bitcoin to its original blockchain. It was first announced on 21.08.2017 and aims to develop independently. It would become more centralized (in a managed way), while also allowing Bitcoin to return to its decentralized self.When Bitcoin gets updated, C-Bits will get updated as well, which would ensure that C-Bits is continuously up-to-date with all new Bitcoin patches and fixes. C-Bits aims to achieve maximum compatibility. It is also compatible with every Bitcoin-based technology. The code is open source for everyone to check.Total supply is 157,625,875 XCT, and the algorithm is PoW.

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