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Author Topic: [ANN] BitBean is Now Bean Cash | First v3 POS | First 20MB Max Blocks | 3+ Yrs.  (Read 244239 times)
TeamBean
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"Bean Cash..More Than Digital Cash!"


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February 26, 2015, 07:21:51 AM
 #1


Tagalog ANN | Italian ANN

If images in this ANN thread don't render correctly, please visit our Backup-ANN thread on Bitcoingarden



www.beancash.org

Latest Press Release
Launched 11:00 PM UTC February 13, 2015

Statement About Our Core Development Team:  

Our development team has chosen to remain semi-anonymous. Some members of our core team have families with children and would like to protect their privacy. Our core team ("DevCore") thus far, is made up of a full-time systems analyst, Lead Programmer and 2 part-time developers. The core development team has a vested interest in Bean Cash and has a long-term commitment to it's success as a premier Digital Currency!




Download the wallet or build from source:
Windows 32-bit (v1.1.0.0RC)
Windows 64-bit (v1.1.2.2)
Linux 32-bit (v1.1.0.0RC)
Linux 64-bit (v1.1.2.2)
Mac OS X 64-bit (v1.1.1.0RC)
Digital Cash Generator "Paper Wallet"
Android Thin Wallet

Source (v1.1.2.2)
Github


You can find a detailed list of current Addnodes here and here.



www.beancash.org
Official Forum
Official Twitter
Alternative Official Twitter to Follow
YouTube
reddit
Tumblr
Instagram

Official Live Chat and Community Collaboration
Freenode IRC Channel: #teambean



CryptoID
POSWallet







Markets:  BTC



Korean Market:  BTC




Markets:  BTC  DOGE




Markets:  BTC  LTC  DOGE




Markets:  BTC  ETH   DOGE


https://yobit.net/en/trade/BITB/BTC
(Deprecate)




Marketplace

Stores
Cryptopia Marketplace
Coinpayments Store

Faucets:
Official Bean Cash Faucet
http://cryptoguru.tk/Faucet/index.php?Currency=BITB
http://crypto4free.com/faucets/bitbean-faucet/

Bootstrap Services:
Kiklo's Premium Bootstrap Service
CryptoChainer Blockchain Downloads

Games:
Dice
CryptosDice

Other:
Crypto-Currency Market Capitalization
coinpayments.net
CoinGecko.com
cryptofolio.info
cryptocoincharts.info
Top Airport Parking - Denver International Airport
Top Airport Parking - Pittsburgh Airport


What Is Bean Cash?
Bean Cash (Ticker: BEAN) is a re-brand of the digital currency and network, previously known as BitBean (Ticker: BITB). The BitBean block chain and network began nearly 3 years ago on February 13th., 2015. It was the first 'crypto-currency' to implement a maximum of 20MB block sizes, based on Gavin Andersen's proposals to fix Bitcoin's scalability limitations. BitBean was also the first 'crypto-currency' to pioneer the use of static block rewards in a Proof of Bean (PoB) system -- which now makes energy wasting PoW (Proof of Work) systems, inefficient, expensive and archaic!

Bean Cash inherits BitBean's mature blockchain and rock-solid network, becoming one of the most super-Green digital currencies on the market today! While other blockchains continue to hardfork, roll-back transactions, and change their protocol (Bitcoin Segwit), Bean Cash has never had a hardfork or transaction roll-back. Bean Cash (formerly BitBean) had no ICO, pre-mine or swap. Blockchain integrity is one of the defining features of Bean Cash.

With a maximum block size of 20MB and a 60 second target block time, Bean Cash enables near real-time confirmation of transactions in blocks. A single confirmation can take as little as 20 seconds to become confirmed. Within a minute or less, Bean Cash verifies, validates and settles transactions in near real-time, something many other leading 'crypto currencies' fail to do in the same time period.


About Bean Cash's Proof of Work phase:
SHA-256 ASIC mining is energy efficient so it was chosen for the initial distribution of the currency. Proof of Work is a great way to distribute coins to people. It's better than making an IPO or ICO, where almost always the developers and insiders buy all the coins from themselves. This makes for essentially massively pre-mined coins. Bean Cash had no pre-mine or IPO!

After it's initial distribution of 10,000 blocks to people mining all around the world, Bean Cash become a pure Proof of Bean (PoB) digital currency. PoB was active during PoW so about a third of those 10,000 blocks were Proof of Bean blocks. After PoW ended, their were approximately 606 million BEANs.


Innovative PoB (Proof of Bean) Technology:
For both merchants and consumers, Bean Cash offers a technology called Proof of Bean (PoB). PoB gives out rewards called "SPROUTs" to those who provide resources to the network. Merchants and consumers that hold BEANs in an active full node - are able to receive SPROUTs and thus earn interest and retain value. This provides greater value than simply selling BEANs to fiat currencies right away. This system, known as PoB (Proof-of-Bean) replaces PoW (Proof-of-Work), by securing the blockchain, using holdings of virtual beans instead of hash power. PoB provides the basis for a real proof-of-work system, since philosophically speaking, money is a a form of of proof-of-work in the past, and thus should be able to substitute proof-of-work all by itself.

After 6 hours of maturing, BEANs are eligible to Sprout new BEANs into existence on the network. Blocks which are found through Sprouting (or otherwise known as "staking" with some other digital currencies) are static blocks similar to PoW (Proof of Work). Each PoB block found will provide a reward of 1,000 BEANs (1 SPROUT=1,000 BEAN).
Bean Cash's Proof of Bean is a more effective way to provide an incentive to secure the network, than other digital currencies that give rewards based on a percentage method. Bean Cash's innovative Proof of Bean was one of the attributes that marked the first PoS v3.0 crypto currency.

What Problem is Bean Cash Solving That Other Crypto Currencies Are Not?
Bean Cash's mission is: "To be an enduring digital currency, with high integrity, a store of value and a means of exchange for every day transactions -- that stands the test of time!"

In its mission to be a transaction-centric digital currency with real-world use, one of the main goals for Bean Cash, is to solve the "last mile" issue in the digital currency space. Instrumental in achieving this objective, will be to partner and work with companies that implement Bean Cash at the Point of Sale/Service. Bean Cash builds on the original Bitcoin protocol, which is Turing complete and has the capability to handle 'Smart Contracts'. To realize this potential, Bean Core will be working to fix and re-enable the dormant Op-codes in its protocol. With the original Bitcoin Op-codes restored, along with new ones added, it will be possible to build a higher level language and environment on-top, allowing Bean Cash to reach a wider market of developers and adoption.


ß
(Codepage 437:  00DF/225) is the official symbol for Point of Sale Transactions

Other info:
BEAN is the new ticker for Bean Cash. (BITB is deprecated.)
Transaction fee is 0.01 BEAN
Target block time is 1 minute.
Block time to maturity is 110 confirmations.
Port: 22460 (Testnet:  22462)
JSON-RPC port: 22461 (Testnet:  22463)






"Bean Cash..More Than Digital Cash"  www.beancash.org
Join Team Bean on our own hosted Live Chat & Collaboration Platform:  https://live.beancash.org
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Shadow_Runner
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February 26, 2015, 07:22:11 AM
 #2

Old coin, new thread?
Frazazel
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February 26, 2015, 07:48:14 AM
 #3

Old coin, new thread?

I hope so

https://crypto-income.eu (where crypto become's your income)
Shadow_Runner
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February 26, 2015, 07:48:52 AM
 #4

I hope so

Seems like it is.
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February 26, 2015, 07:53:38 AM
 #5

My stake is not working I wait now for 3 days notting happens

https://crypto-income.eu (where crypto become's your income)
amesterdamer
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February 26, 2015, 07:53:58 AM
 #6

you guys don't read... it's right there on the top

"After being abandoned by the original developer, the community quickly came together to continue development.  BitBean is now being developed by a group of dedicated people, with a vested interest in seeing it succeed! A whitepaper, road-map, new website, and updated wallet are current projects ongoing with longer term development projects planned. BitBean is no longer in the hands of a single developer, but now has a Professional Core Development team leading it towards the future! Come visit our community in IRC (Freenode #bitbean) and ask our friendly support team, why Bitbean is destined to be a premier crypto currency, now and in the future!"
leonar76
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February 26, 2015, 08:07:51 AM
 #7

i dont earn any coin like this, just 250K BITB stake daily Smiley amazing , i gonna buy all Smiley

I support New Team. Good Job.

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February 26, 2015, 08:14:44 AM
 #8

YES!  Shocked  I love everything so far!  Cool  Donating now . . .

 Smiley     Grin      Kiss

NOW token by ChangeNOW Get the WIN!
ChangeNOW - an instant Non-custodial Exchange Service  (( changenow.io ))
Whitepaper  ▓  Telegram  ▓  Twitter  ▓  Facebook  ▓  Medium  ▓  Reddit  ▓  Bounty Thread
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February 26, 2015, 08:15:07 AM
 #9

you guys don't read... it's right there on the top

"After being abandoned by the original developer, the community quickly came together to continue development.  BitBean is now being developed by a group of dedicated people, with a vested interest in seeing it succeed! A whitepaper, road-map, new website, and updated wallet are current projects ongoing with longer term development projects planned. BitBean is no longer in the hands of a single developer, but now has a Professional Core Development team leading it towards the future! Come visit our community in IRC (Freenode #bitbean) and ask our friendly support team, why Bitbean is destined to be a premier crypto currency, now and in the future!"


Soweee wat goed van jou !!!!

https://crypto-income.eu (where crypto become's your income)
kcanup
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February 26, 2015, 09:09:52 AM
 #10

Good job TeamBean!!
xamido
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February 26, 2015, 10:11:09 AM
 #11

Congrats with the new thread. You guys are working really fast and efficient with the community takeover.
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February 26, 2015, 10:31:05 AM
 #12

My stake is not working I wait now for 3 days notting happens

Why?

Dirgantara
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February 26, 2015, 11:32:11 AM
 #13

TeamBean Rockiiinn!!
leonar76
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February 26, 2015, 12:06:08 PM
 #14

now, buy support is good, we ll see over 20sat soon.

Hey Guys , I told you yesterday this message above when price at 15 sat, now listen me, we 'll see over 30 sat soon.  Wink

SkyValeey
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February 26, 2015, 12:28:00 PM
 #15

Yep. Glad I bought this coin... ...when dev left and people dumped like crazy to 8 sato at bittrex... I bought all the way from 14 to 8-9. Mostly at 13 sato. Community take over in Bean case is pretty smooth. Just like dev dead - information without panic and screaming in thread. I wonder if that was just planned - dev left to make people sell off coin, then announce take over with dev people and cheap coins in pocket lol  Grin Grin
i like that story even it's too paranoid (in crypto nothing is too paranoid to be truth Grin )
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February 26, 2015, 01:06:04 PM
 #16

taking bids to add another payout coin to our multipool:

https://twitter.com/_xpool_/status/568857658448457728

Cheers!

ZPOOL - the miners multipool! Support | Paid 1150+ BTC(2016) - 1800+ BTC(2017)  | Mining LTC/LCC/BCA/DASH/KMD/ZCL/RVN | UNBELIEVER

▓▓▓ CLOUD MINING   ✔    HASH RENTAL ▓▓▓
SkyValeey
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February 26, 2015, 01:47:50 PM
 #17

Hey I wrote small article about BitBean: https://cryptaphex.wordpress.com/2015/02/26/why-bitbean/

Please RT https://twitter.com/AphexTwin4ever/status/570941988708556800

I used Bean pics. I think Bean needs to be more active at twitter.
lihaidong198871
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February 26, 2015, 02:57:50 PM
 #18

what is the total amount of this coin?
amesterdamer
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February 26, 2015, 03:51:03 PM
 #19

SkyValeey
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February 26, 2015, 04:22:26 PM
 #20

what is the total amount of this coin?

check at http://coinmarketcap.com/ -> http://coinmarketcap.com/currencies/bitbean/ actual supply
But if you mean total after PoW please check OP thread for this inforamtion.

Someone sold some BitBean and bids dissapeared ;/ Fake bids don't want to buy.
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