BBNcoin is a new ecosystem where traders, real estate developers, and e-commerce can efficiently and securely evaluate and trade on real items. Thus, BBNcoin project to build a platform to seamlessly and transparently connect cryptocurrencies with real world assets.
BBNcoin
Welcome to the digital age! Blockchain technology provides useful innovation in various
technological fields. Blockchain technology and digital currencies are changing the way we do
business with each other: how we store and retrieve information, how we transact, and how we
send and receive money across the world. The open-source, decentralized and distributed
nature of the Blockchain creates new opportunities in Africa and the world at large because the
technology offers people, governments, companies and institutions an alternative to existing
systems.
Africa has a huge need for financial inclusion; therefore, governments, regulators and
institutions are looking at various supporting technologies to bring more financial services to the
end user. Blockchain technology opens new avenues for traditional banking, mobile banking,
payments and remittance services. Around the world, more and more startups and established
companies are now looking to disrupt this industry by undercutting or bypassing traditional
operators and payment networks, while also offering businesses new ways of accepting
payments. Already, we have already seen innovation where title deeds, identity documents and
marriage certificates are recorded and stored on Blockchain systems. This evolution of smart
contracts can also make businesses in Africa more efficient and make the legal system more
equitable as they enable transactional efficiency.
Ecommerce
Decentralisation and distribution of the coin by users, meaning it is owned by everyone.
Decentralized Marketplace exclusively available to BBNcoin holders to buy and sell goods and services using BBNcoin.
BBNcoin Specification
Coin Algorithm (PoW)
Coin Abbreviation : BBN
Maximum Coin Supply : 100 Million
Coinbase maturity : 1 block
Total PoW block : 183
PoW block reward : 20 BBN
Block Spacing : 15 secs
Maximum block size: 8388608
Github :
https://github.com/BoonbuyNG/bbncoinBBNcoin Explorer:
http://bbncoin.org/Buy BBNcoin:
https://members.bbncoin.net ICO details:
http://bbncoin.net BBNcoin Distribution
Currencies used : Bitcoin
Total Pre-sale : 4.8 Million (After pre-sale of premined 4.8 million BBNcoin,
PoW algorithm will work to issue new coins to BBNcoin miners and BBNcoin holders)
Pre-sale at BBNcoin site : 5.4 Million
Public sale at : 4.6 Million
A maximum of 4 million BBN (Boonbuy Coin) will be sold in the ICO, representing approximately 8% of total BBN (100 million BBN). Remaining BBNcoin will be issued by Pow block reward.
How are they used?
The BBNcoins are used by boonbuy community members for boonbuy services and to store and invest the wealth in a non-government controlled currency. The BBNcoins will also be used as payment system on number of boonbuy partner websites.
How are they produced?
BBNcoin uses a special algorithm called the POW to secure the BBNcoin network. The moment you acquire BBNcoin it becomes an interest bearing asset with 120% return per year through POW mining. All you have to do to earn with this method is to hold coins in your BBNcoin lite wallet. BBNcoin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does.
Explorer
http://bbncoin.org/BBNcoin is 5 times Bitcoin
We generated 50 million bbncoin,the remaining 50 million will be mined.
Our Current block reward is 20 BBNcoin per block
Our reward halving interval = 1100000 blocks
What this means is after the 1100001 block the block reward is divided into 2 and the reward become 10 BBNcoin
in succession what this means is
the 1st cycle will generate 22 million BBNcoin
the 2nd cycle will produce 11 million BBNcoin
the 3rd cycle: 5.5 million
the 4th cycle: 2.25 million
Now on an average, since blocks are mined on average every 1 minutes, 1440 blocks are mined per day on average. At 1440 blocks per day, 1,100,000 blocks take an average of "two years plus" to mine or less. It all depends on volumes.
Visit Our Social Media Link for Update
telegram:
https://t.me/officialBBNcoininstagram:
https://www.instagram.com/bbncoin/twitter:
https://twitter.com/bbncoinhttps://www.reddit.com/user/BoonbuyNetworkhttps://bbncoin.slack.comhttps://medium.com/@boonbuy
