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BitcoinPoS

BPS

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About BitcoinPoS

BitcoinPoS is a revolutionary peer-to-peer payment network that is driven entirely by its users, with no central authority or intermediaries. BitcoinPoS combines Bitcoin with proof-of-stake consensus, one of cryptocurrency's crucial technological breakthroughs. BitcoinPoS is not a fork of the Bitcoin Network. It is a decentralized cryptocurrency that is flexible, quick, and permissionless, with no need for third-party providers or a central authority.

As per the  whitepaper, BitcoinPoS seeks to address Bitcoin's centralization issues by swapping the Bitcoin proof-of-work method with a Bitcoin proof-of-stake algorithm. BitcoinPoS is less reliant on electricity and has lower entry barriers in hardware. Moreover, it is more available and readily decentralized. The platform is considered eco-friendly due to its mild electricity utilization. It is more immune to 51% attacks due to its decentralized-by-design architecture. Bitcoin PoS decreases energy usage by 99% by adopting the POS algorithm. The platform aims to introduce the Mutualized proof-of-stake (MPoS) consensus function to further prevent an attacker from disrupting the Bitcoin PoS network. For hostile actors, MPoS presents an unreasonably high cost barrier.

Proof of stake protocols are simple and do not impose enormous technical expectations on stakers. Thus Bitcoin PoS reduces the need for a mining setup. A primary purpose of Bitcoin PoS architecture is to reduce the pressure on network participants. Public and private-key signatures are used in Bitcoin PoS transactions. After a public key is validated, the sender signs a private key. Bitcoin PoS transactions are considered safe because of double-spending attacks while maintaining the fundamental Bitcoin transaction infrastructure.

BPS is the native token of the Bitcoin PoS network. Token holders receive rewards according to their stake size. Bitcoin PoS collects transaction fees and utilizes the funds to compensate stakers for securing and verifying the network.

The Bitcoin Proof-of-Stake team is dedicated to improving blockchain technology, starting with making Bitcoin green. BitcoinPoS strives to be a world-class financial asset offered on the Bitcoin market.

The total supply of BPS tokens is 21 million coins. 

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

Canada Market Stats

Market cap

CA$98,317.22

Volume (24h)

-

Circulating supply

6.0M BPS

All time high

CA$326.57

Price change (1h)

+0.03%

Price change (24h)

-5.39%

Price change (7d)

-3%

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BitcoinPoS is on the decline this week.

The price of BitcoinPoS has increased by 0.03% in the last hour and decreased by 5.39% in the past 24 hours. BitcoinPoS’s price has also fallen by 3.00% in the past week. The current price is CA$0.0164 per BPS with a 24-hour trading volume of CA$0.00. Currently, BitcoinPoS is valued at 99.99% below its all time high of CA$326.57. This all-time high was the highest price paid for BitcoinPoS since its launch.

The current circulating supply of BitcoinPoS is 5,994,733.13 BPS which means that BitcoinPoS has as total market cap of 5,994,733.13.

FAQ

What is the current price of BitcoinPoS?

We update our BitcoinPoS to CAD currency in real-time. Get the live price of BitcoinPoS on Coinbase.

What is the market cap of BitcoinPoS?

The current market cap of BitcoinPoS is CA$98.32K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of BitcoinPoS?

The all-time high of BitcoinPoS is CA$326.57. This all-time high is highest price paid for BitcoinPoS since it was launched.

What is the 24 hour trading volume of BitcoinPoS?

Over the last 24 hours, the trading volume of BitcoinPoS is CA$0.00.

What other assets are similar to BitcoinPoS?

Assets that have a similar market cap to BitcoinPoS include HairyPlotterFTX, ShopNEXT, Ritocoin, and many others. To see a full list, see our comparable market cap assets.

How many BitcoinPoS are there?

The current circulating supply of BitcoinPoS is 6 million.

Can I buy BitcoinPoS on Coinbase?

No, BitcoinPoS is not currently available on Coinbase, but you can sign up to get the latest news on BitcoinPoS and be notified when it gets added to our exchange.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.