Crypto of the Day- BitBean

in #bitcoin7 years ago (edited)

Welcome crypto friends! It's ya friendly, neighborhood Crypto Gawd!

Today we will look at a new section of the blog called: "Crypto of the Day"

This is where we highlight a crypto coin that is making strides in the market and deserves to be recognized amongst the 700+ alt coins out there. This will help you sift the next bitcoin from the shitcoins.

So, without further adieu, here is our first coin to be featured: Bit Bean!

BitBean-final-horizontal.png

First of all, what a cute name right?! Lol. Ok let's unpack this baby.

Bitbean Key Stats:

Market Cap: $15,418,073

Price: 0.007073

Circulating Supply: 1,964,376,000

Volume (Last 24hrs): $6,466,570

from the official site

"Why is it Bigger?
BitBean has a maximum coin supply of 50 billion virtual beans, approximately 2,380 times more than Bitcoin's supply. With over 7 billion people on earth, this will provide enough BitBeans for everyone without creating fractions of account! Currently there are a little over 1.9 billion BitBeans in existence. It will take another 93 years before BitBean's cap is reached."

"BitBean is the first digital currency to implement a 20MB maximum block size limit. This is 20 times bigger than Bitcoin's maximum block size. BitBean is designed from the ground up to be scalable and meet the demands of future mass adoption!"

"Why wait for Bitcoin to hard-fork? BitBean delivers bigger block sizes today! This means ultra-low fees and ultra-fast confirmation times, just as you would expect with traditional credit cards (except for fees)!

How is it Faster?

BitBean has a target block time of 60 seconds, with a confirmation time more than 10 times faster than Bitcoin! A single confirmation can sometimes occur in as little as 20 seconds! Planned updates to BitBean's core will dramatically improve synchronization time for full nodes. An Android Keychain App (a Light Wallet) is available for free download. No need to wait hours to synchronize with the block-chain, you can instantly receive and take your BitBean with you - to spend any time!"

Crypto Gawd's take: This baby shot up 200% today. Don't sleep on this cute, but deadly crypto. I would delve more deeper into it, but I was busy today and am tired now. Only reason I am even posting this is because I want to make sure my 1-2 post a day goal is met. So, let's appreciate what we have today and I'll make sure next post is more in-depth with the insight. I just had a looong day today and am barely awake lol. We will talk soon fam. Crypto Gawd, OUT!

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Follow the Gawd:
Steemit: @cryptogawd
Twitter: https://twitter.com/crypto_gawd

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As I recall from holding this coin over a year ago, it takes holding a lot of BitBean before you're likely to see any stakes. But if you did hold a lot (millions), the reward were good. Nice to see it getting some love from the market lately - I wonder why? The logo is pretty damn cute, I'll give it that!

I wonder how many crypto currencies are out there. Bitbean is new to me.

About 80 was the last i heard but that was a few weeks ago ..so x2 now lol

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