Bismuth Progress Report - April 2023

Current Supply: As of the report, the Bismuth supply stands at 36,070,243 Bismuth.

Bismuth Mainnet: The Bismuth Mainnet operates on a Proof-of-Work basis, using a custom sha-224 algorithm optimized for GPU mining. The block generation time is set at 1 minute.

Hypernodes: The Bismuth Hypernode Side-Chain is Proof-of-Stake based. There are 116 active Hypernodes with a total active collateral of 3,420,000 BIS, marking a decrease of 21 active nodes since the last report. The total number of Hypernodes, both active and inactive, is 345, which is a decrease of 3 nodes from the previous report. The total Hypernode collateral stands at 9,710,000, with the active collateral accounting for 9.5% of the total supply.

Wrapped Supply: There is 652k wBIS on the Ethereum blockchain (ERC20) and 1,939k wBIS ob the Binance Smartchain.

https://hypernodes.bismuth.live/?p=3552