Post
Topic
Board Announcements (Altcoins)
Re: [ANN]★CryptoBridge★BCO★🔹Decentralized EXchange 📈RELEASED NOW BETA🔹
by
magsrevs
on 07/01/2018, 11:02:25 UTC

I think you have confused me with someone else.  I have done some more looking in depth into the project and saw that it is a PoS coin.  Which explains the "low" hashrate.   I like the idea of it,  decoupling rewards from the platform that the exchange is running on.    So its a Bitshares proxy token exchange that rewards staking users with a portion of the transaction fees. 

Just to be clear, BridgeCoin is not a Proof of Stake coin like other PoS coins. Yes, the word "stake" is used, but only in the sense of being a stakeholder, not in the sense of deciding who gets to verify the next block. The BCO chain is still PoW, but there's not much use for it as it's done its job (distributing BCO), and most of the coins are already on the exchange.