Bean Cash

Bean Cash

Bean Cash BITB Rank #2107

How to invest in Bean Cash (BITB) Token - Project explained, price and risks

Bean Cash Exchanges

Exchange Market Pairs Buy
StakeCube DGB/BTC -
YoBit NMC/BTC -
Bean Cash's mission is "to be a durable, high-integrity digital currency, a store of value, and a medium of exchange for everyday transactions that stands the test of time!" Bean Cash acknowledges the original Bitcoin white paper as a guiding principle and builds on the core technology of bitcoin with input from Peercoin as the foundation of its proof-of-stake (PoS) feature. There was no fundraising even before the mine; the blockchain (then called BitBean) was launched on February 13, 2015. After a SHA256 proof-of-work phase, Bean Cash became a pure PoS currency; the block reward is set to 1000 beans plus any transaction fees associated with included transactions. This was the first instance of this version of PoS, which the Bean Cash community calls "Proof of Bean" (PoB). Bean Cash's target block time is one minute, with a maximum block size of 20 MB. It is expected to reach its peak supply of 50 billion beans in 2111. The team is made up of volunteers from around the world who donate time and resources to the project. Team Bean is the largest Bean Cash community, made up of anyone interested in technology. Anyone who can prove they own 1% or more of the current Bean Cash in circulation can join Bean Core and vote on the direction Bean Cash development takes. The Executive Board is made up of 3 Bean Core members who own 5% or more of the current Bean Cash in circulation. They rule by consensus. If a vote is not unanimous, it does not pass. The Board can cancel Bean Core suggestions or make its own suggestions. Likewise, the Council can be revoked by an absolute majority of 2/3 of Bean Core.