Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: bradelfcam on February 17, 2022, 05:20:01 PM



Title: BPEV- Will it be mining or something else?
Post by: bradelfcam on February 17, 2022, 05:20:01 PM
Hello I have recently come across BPEV that will be built on the BP blockchain. The blockchain is not live yet. I am wondering how this will work techncially. It seems to me they have a profit share utility token, but will we be allowed to set the rates for our charging stations? I am very bullish on anything electric (superbowl cemented this thought) so I am looking to take a minimum $100K position on these chargers. I do not know how much the chargers will be, and do not have early access as I am not a presaler but am planning to try to contact them directly to establish a position before they launch. I am sure I am a smaller investor but hoping $100K is enough.  I am hoping someone can help give me an additional opinion or some insight perhaps I am missing. Should I go bigger? This is all I have so far- https://docsend.com/view/tfnwd4b8pkykv57t. Any help would be greatly appreciated I am looking for people with technical backgrounds.

Regards, Brad

BTC


Title: Re: BPEV- Will it be mining or something else?
Post by: Lafu on February 17, 2022, 08:37:28 PM
If would have readed this article here : https://beyondprotocol.medium.com/staking-bp-on-mycointainer-options-and-how-to-266c3eec0d43 (https://beyondprotocol.medium.com/staking-bp-on-mycointainer-options-and-how-to-266c3eec0d43)
You can also read that here also : https://beyondprotocol.medium.com/ (https://beyondprotocol.medium.com/)
Quote
Beyond Protocol — A Proof-of-Stake Blockchain

As outlined in past Medium articles, Beyond Protocol provides secure device-to-device communication through a combination of hardware signatures and validating nodes. Upon mainnet launch, our protocol will function as a Proof-of-Stake blockchain, requiring a robust supply of staked tokens to support transaction validation.
Source : https://beyondprotocol.medium.com/?p=266c3eec0d43 (https://beyondprotocol.medium.com/?p=266c3eec0d43)

Its Proof of Stake (POS) and this means no mining !
And you should be asking this question maybe in this thread :
https://bitcointalk.org/index.php?topic=5331942.0 (https://bitcointalk.org/index.php?topic=5331942.0)