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About BBSCoin

BBSCoin is a cryptocurrency designed for internet forums. The whitepaper defines an internet forum as an online discussion website where people hold conversations in posted messages. According to the website, BBSCoin aims to bridge the gap between the virtual credits earned by the user into cryptocurrency. The BBSCoin includes trading the virtual currency gained from a forum or points that a user has collected from any website or given by a coworker.

Forums are popular when discussing a specific topic. But according to the whitepaper, the current situation of the forums seems to be isolated. It means that the forums are just a platform used by people worldwide to share their content but cannot get any profit or incentive. The whitepaper also intends that the current point is useless. People get points out of what they offer, but they could not make it effective. Thus, the BBSCoin claims to have started an initiative to open the first decentralized crypto exchange system based on existing forums and websites.

Further, the BBSCoin platform is fully decentralized. The users do not need to fill out an application form to exchange the credits. Moreover, the platform provides plugins for the browser from where a user can trade easily. The platform uses blockchain technology, connecting it to the world and not just a place. Further, the BBSCoin has its own blockchain for transactions.

The BBSCoin is the native token of the BBSCoin. The ticker name is denoted by BBS. According to the website, BBS tokens can be exchanged with other members on the platform. Also, as BBS is a coin, it is mineable, and users can share computing power to mine BBS and make new blocks in the blockchain. The mining algorithm used by the platform is CryptoNight. CryptoNight is a mining algorithm that increases the efficiency of the CPU.

BBSToken is the name of BBSCoin on the Tron blockchain. Tron is a blockchain-based decentralized digital platform. BBSToken provides BBSCoin holders a bridge to the Tron network by swapping BBSCoin for BBSToken. It seeks to help the users in transferring the BBSToken from anywhere in the world without access to a computer.

The BBSCoin whitepaper was released in early 2018. The maximum total supply of the BBS coin is 184,470,000,000 BBS.

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Brazil News about BBSCoin

BeInCrypto • May 02, 24

Long-Awaited DeFi Exchange Infinex Reveals Launch Date

Infinex, set to launch on May 13, merges Web2 and Web3, aiming to simplify DeFi trading and attract a broad user base with a robust security system.The post Long-Awaited DeFi Exchange Infinex Reveals Launch Date  appeared first on BeInCrypto.

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The Block • May 02, 24

Pantera Capital invests in The Open Network, looking to capitalize on Telegram users

Pantera Capital, a crypto venture capital firm with over $5 billion worth of assets under management, has invested in The Open Network (TON).

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CoinDesk • May 02, 24

Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo

Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.

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CoinDesk • May 02, 24

LayerZero Takes Snapshot as Airdrop Draws Closer

The interoperability protocol indicated that there will be a series of airdrops.

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Messari • May 02, 24

State of The Graph Q1 2024

Demand for data on The Graph Network reached an all-time high of over 1.6 billion queries in Q1’24, up 66% from 1 billion in Q4’23. As a result of this increase in query volume, demand-side revenue in USD increased 42% QoQ. Since Q1’21, The Graph has been focused on the migration from a hosted se...

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Messari • May 02, 24

State of Celo Q1 2024

Celo’s capabilities to support payment and other real-world applications took a notable stride in Q1 with the integrations of native USDC and USDT. Subsequent proposals were passed to enable users to pay transaction fees in those native stablecoins. One of the standout payments applications on Ce...

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What other assets are similar to BBSCoin?

Assets that have a similar market cap to BBSCoin include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

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