Market Rank | ? |
---|---|
Market Cap | ? |
Volume 24h | $ 10.0 |
Circ. Supply | ? |
Total Supply | 50.0B |
Max Supply | ? |
Genesis Date | 14/2/2015 |
The current price of Bean Cash (BITB) is $ 0.00001306. In the last 24 hours, its value has increased by +3.66%%.
Bean Cash, also known as BITB, is a unique cryptocurrency that was designed with sustainability and long-term usefulness in mind. The digital asset boasts a maximum supply of 50 billion "beans", significantly higher in comparison to Bitcoin. The full supply won't be completely accessible until 96 years from the token's inception. Bean Cash also set out to break barriers in the industry by being the first to have a 20MB block size limit.
Information about the creation and the creators of Bean Cash is not provided. However, it is assumed that a team of developers, passionate about decentralized finance and cryptocurrencies, created Bean Cash with the unique vision of long-term usage with sustainability being the key focus.
Like other cryptocurrencies, Bean Cash functions through blockchain technology. Blockchain serves as a digital ledger, containing all transactions made using BITB. Its unique value lies partially in its large maximum supply and large block size limit of 20MB. Also, with a confirmation time of just 1 minute, transactions are processed much faster compared to many other cryptocurrencies.
Several features make Bean Cash stand out among other cryptocurrencies. The 50 billion maximum supply enables the distribution of wealth to be more widespread than with cryptocurrencies that have a smaller supply. Also, the 20MB block size limit is a significant upgrade compared to the more common 1MB limit, allowing for a larger amount of data to be processed per block. These distinctive characteristics contribute to Bean Cash’s uniqueness.
Without specific information on the development team and their plans, it's hard to say exactly how Bean Cash's technology is upgraded. Typically, cryptocurrency teams regularly work on enhancements and adjustments to improve the efficiency, security, and scalability of their blockchain networks.
As for the current circulation, there are Bean Cash coins in circulation. The total maximum supply is set at 50 billion.
Bean Cash (BITB) can be purchased from the following cryptocurrency exchanges: YoBit, Cryptopia. It's important to remember that cryptocurrency investments carry risk and should only be carried out in accordance with personal risk tolerance and after conducting your own thorough research.
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