Today the BitcoinSOV (BSOV) community has reached a milestone which nearly no one expected would happen!
The token holders of BitcoinSOV have voluntarily locked away over half a million BSOV tokens which with the last week's price would total 50-100 ETH.
According to the SovCube timelock contract, after 29th of January 2020, only 1000 BSOV can be withdrawn each week. This will take nearly 4 years for the biggest holder to withdraw all their BSOV.
The timelocking token holders do not get any incentive or reward, other than that they provide a higher ratio of Proof-of-Commitment (PoCom) to the BitcoinSOV cryptocurrency.
BitcoinSOV is mineable by work. Committed by community and Deflationary by design.
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