Proof Of Biblehash (POBH) rewards full nodes participation, while preventing GPUs and ASIC by requiring full blockchain transaction referencing in the hashing function using chained bible verses
We are a decentralized autonomous cryptocurrency giving 10% to orphan-charity, with Sanctuary governance, being passionate about spreading the gospel of Jesus, having the entire KJV bible compiled in our hashing algorithm (POBH). We are deflationary, decreasing our emissions by 19.5% per year. We launched in July 2017. We are a utility that provides an alternative method for giving to charity for those who seek cryptocurrency exposure. With our Generic Smart Contracts, we seek to become the go-to wallet for Christians. In the future, we will lease file space on our Sanctuaries and release corporate integration features, such as c# access to the blockchain. Our platform is a derivative of Dash-Evolution. We had no pre-mine, and no ICO. We seek to help orphans globally.
Launched: July 23, 2017 Algorithm: Proof of BibleHash (POBH, a flavor of POW) ** NEW **
First coin with the KJV Bible compiled in the source, and utilizing the Bible in the hashing algorithm, while spreading the gospel throughout the IT community. The blocks also hash to chained bible verses.
Block Target: 7 Minutes
Mining Strategy: CPU only
No Premine / No ICO
Max Supply: 5.2 billion BBP by year 2050 Emission Rate: -1.5% every month (19% per year compounded deflation) Transaction Speed: Supports Instant Send
Circulation Characteristic: Deflationary Money Supply Characteristic: Decreasing by 1.5% Per Month Emission Schedule:wiki.biblepay.org/Emission_Schedule Economics:wiki.biblepay.org/Economics Sanctuary Escrow Requirement: 4,500,001 BBP Blocks Per Day: 205
CAUTION: "Although BiblePay has a deflationary emission schedule, there is no guarantee of positive investment returns against other major inflating currencies. Past returns are not indicative of future results. We are a utility and not a security. Please do not invest in BiblePay unless you know all of the risks of cryptocurrencies"
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