Skip to content
No description, website, or topics provided.
Branch: master
Clone or download
Fetching latest commit…
Cannot retrieve the latest commit at this time.
Permalink
Type Name Latest commit message Commit time
Failed to load latest commit information.
autom4te.cache
build
contrib
doc
qa
share
src
.gitattributes
BitBean-qt.pro
BitBean-qt.pro.user
COPYING
INSTALL
README
README.html
README.md

README.md

BitBean

What Is BitBean? 

BitBean is a Proof of Stake Cryptocurrency. The first two weeks after release will consist of a two week Proof of Work period.

Why BitBean?

It is the goal of the BitBean developers for everyone involved in the Cryptocurrency revolution to have access to the exciting developments that have been taking place. An ASIC-friendly, mixed PoW/PoS coin with eventual anonymous transaction capabilities has been sorely overlooked.

The BitBean developers believe that progress should never be held back. ASICs use much less energy than GPUs and are orders of magnitude more efficient. The energy used mining Scrypt coins for years to prolong the days of GPU mining was a truly enormous waste of resources on a global scale. Why hold back progress? BitBean encourages it.

BitBean Specifications

Coin Generation: Pure Proof of Stake with Proof of Work period upon release

Proof of Work Algorithm: SHA-256

PoW Block Reward: 100000 BITB

PoW Blocks: 10000

PoW Target Blocktime: 1 minute

RPC Port: 22461

Port: 22460

Time to Maturity: 100 Confirmations

Proof of Stake Reward: 1000 BITB per block

Minimum Coin Stake Age: 6 hours

You can’t perform that action at this time.