Coin specifications:POW/POS
Algo Nist5
Ticker BSX
Block time 60 seconds
Min. stake age 24 hours
Max. stake age unlimited
Block maturity 30 blocks
Decimal place 8
Min. sending fee 0.000001 BSX
POW ends at block 200 000
POW miner reward:
block 1-120 000 = 100 BSX per block
block 120 001- 200 000 = 50 BSX per block
End of POW = block 200 000
POS miner reward:
5% annually
RPC port: 13250
P2P port: 13252
Total supply:
13 000 000 after end of POW
currently in circulation Approximately 13 584 000 coins in 1 year.
Approximately 14,168,000 coins in 2 years.
Approximately 14,752,000 coins in 3 years.
Approximately 15,336,000 coins in 4 years.
Approximately 15,920,000 coins in 5 years.
About
Cryptocurrencies have already changed the world over the past few years.
Bitspace is here to join the economy revolution with it´s decentralised cryptocurrency ecosystem.
A highly profitable, global cryptocurrency ecosystem that doesnt rely on banks or financial institutions.
The BitSpace team intends to implement the extended functionality of Bitspace Ecosystem by incorporating such applications as BSX miner program, BSX Exchange, BSX bank and BSX Platform for renting and leasing rigs + Algorithm convertor.
Implementation of those products seeks to expand the coins sphere of circulation, thus driving demand for it.
BSX is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. BSX uses peer-to-peer technology to operate with no central authority,
Bitspace´s blockchain also summarizes the best characteristics of digital currencies, which were issued earlier (Bitcoin, Peercoin), such as: increased security, fast consensus mechanism, and increased decentralization achieved by requiring miners to prove the knowledge of the transaction data.
By adopting the Hybrid PoW+PoS censuses mechanism, BitSpace can maximise user engagement, benefiting both parties.
BSX holders and miners can participate in decision making by mining and voting.
Distribution
Bitspace is a POW/POS hybrid
POW and POS starts from 1st block.
POW block reward is constant 100 BSX per block until block 120 000.
From Block 120 001 - 200 000 POW block reward is constant 50 BSX
POS is 5% annually.
POW mining phase will end at block 200 000.
After POW ends. Bitspace will be auto switched to pure POS.
Actual rich list BSX POW Algorithm is Nist5Nist5 hashing algorithm uses a combination of algorithms like BLAKE, Groestl, JH, Keccak/SHA-3, and Skein. High-Security + Energy-Efficient
BSX is only GPU mineable. No asics.
