Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$29.86
Market Cap:
$0
All Time High:
99.99% $0.04
Jan 6, 2018
All Time Low:
329% $0.00
Jan 20, 2023
84.68 %(1Y)
$0.0000049
Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$29.86
Market Cap:
$0
All Time High:
99.99% $0.04
Jan 6, 2018
All Time Low:
329% $0.00
Jan 20, 2023
Bean Cash (BITB) is a cryptocurrency launched in 2015. The asset anchors a mineable Layer 1 blockchain engineered explicitly for high-throughput everyday payments.
The protocol directly tackles confirmation latency and block space bottlenecks—two perennial pain points in legacy digital cash systems. Bean Cash was the first cryptocurrency to implement a 20 megabyte block size limit, a drastic departure from Bitcoin’s 1 MB ceiling that multiplies transactional capacity. Its 60-second confirmation target suits real-world retail payments far better than ten-minute settlement windows.
Bean Cash operates on its own blockchain using a hybrid proof-of-work and proof-of-stake consensus. This dual-mechanism design splits block production and security responsibilities between energy-expending miners and capital-at-risk stakers, aiming to blend Sybil resistance with reduced energy dependence. Neither PoW nor PoS dominates exclusively; instead, the protocol weights their contributions according to on-chain difficulty adjustments.
The network employs the SHA-256 cryptographic hashing algorithm, allowing existing Bitcoin ASIC miners to redirect hardware toward BITB issuance without additional equipment. Combined with the 20 MB block constraint, the chain accommodates a far larger volume of simple value-transfer transactions per unit time than many contemporaries. Mining difficulty retargets periodically to maintain the one-minute block interval despite fluctuating hash power.
The project debuted on February 14, 2015, without a widely publicized founding team behind it. Its launch predated the ICO boom, placing it among the early altcoin waves that sought to iterate on Bitcoin’s monetary policy and technical parameters. The supply release schedule spans 96 years, deliberately imposing a slow, multi-generational emission that mimics a long-term resource extraction curve. This scarcity architecture means the full 50 billion BITB will not be available until the 22nd century.
Bean Cash’s overriding purpose is to serve as a stable and practical digital currency for daily transactions. Rather than pursuing programmability or complex smart contracts, the design strips the network down to a pure medium of exchange with minimal friction and predictable issuance. The long emission timeline reinforces a disinflationary character, discouraging speculative hoarding in favor of circulation.
BITB tokens function as the settlement unit for all on-chain fee payments, with every transfer consuming a small amount of BITB as a spam-prevention levy. The hybrid consensus grants block rewards to both mining contributors and staking participants who lock BITB in the protocol’s proof-of-stake lottery. Staking thus directly ties token retention to network security and inflatory reward distribution.
Miners running SHA-256 rigs compete to find valid blocks and collect the attached subsidy, converting computational energy into BITB inflows. Validators, by contrast, commit their existing BITB holdings to a staking mechanism that probabilistically selects block signers, delivering a pro-rata share of newly minted supply as a participation incentive. These two distinct yield channels—hardware-intensive block rewards and capital-commitment staking returns—allow holders with different risk profiles to engage economically with the network’s operations.
Bean Cash has a maximum supply of 50,000,000,000 tokens. Currently, 0 are in circulation. The emission curve stretches over 96 years. With a market capitalization of $0, Bean Cash ranks #5,539 among all cryptocurrencies.
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