hello everyone
too much reading about bitb coin
what I understand is coin POS will be mature after 6 hours reward is 1000
POW is sha256
what i want to ask
1 - for POS what the minimum coin must be in one block or in one wallet to be staking good ?
2 - when get reward ? and how to calculate reward i didnt understand
3 - is there POW pool for mining sha256 ?
Hi, welcome to Team Bean.
Yes, PoS (we call it "Proof of Sprout" aka "Proof of Stake"). Beans will be available to compete with other sprouting beans on the network after they mature. It takes approximately 6hrs. to mature. When a BitBean sprouts, the Beans in that sprouting block are split in two and 500 new BitBeans added to each of the two new blocks. There are simply too many variables to calculate when you will have a sprouting block of Beans. You could check here for an idea of what to expect: https://chainz.cryptoid.info/bitb/#!extraction
PoW ("Proof of Work" ended at block 10,000. There are no more PoW blocks to mine for BitBean. BitBean is a pure PoS "Proof of Sprout" crypto now. PoTS "Proof of Transaction Sprouts" will be added in v2.0 This will allow smaller wallets to have a more active role in maintaining the network and be awarded new sprouted BitBeans!
Best Regards,
Bitbeaner
Project Manager & Lead Developer,
Bean Core, Team Bean, BitBean
www.bitbean.orgok thanks for your reply
i am in
start to install bitb wallet
If you need any assistance, feel free to contact me directly:
[email protected] Free support is also available via #bitbean #teambean on the Freenode IRC network.
http://webchat.freenode.net/?channels=#teambeanIn addition to email and IRC, support is also available freely on our official forum:
http://www.bitbean.org/forum/Prepaid Telephone support is also available on our new support phone line: 1 406-730-5932
(cost is ß200,000 per hour with 15 minute minimum - contact
[email protected] if you need this level of support)
Best Regards,
Bitbeaner
Project Manager & Lead Developer,
Bean Core, Team Bean, BitBean
www.bitbean.org