Price
$0.0320
11/29/2022, 4:36:23 AM
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Market

Market stats

Market cap

$191,762.88

Volume (24h)

$33.31

Circulating supply

6.0M BPS

All time high

$238.45

Price change (1h)

0%

Price change (24h)

+3.23%

Price change (7d)

-21.9%

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BitcoinPoS is on the decline this week.

The price of BitcoinPoS has fallen by 21.90% in the past 7 days. The price increased by 3.23% in the last 24 hours. In just the past hour, the price grew by 0.00%. The current price is $0.031989 per BPS. BitcoinPoS is 99.99% below the all time high of $238.45.

The current circulating supply is 5,994,733.13 BPS.

About

What is BitcoinPoS (BPS)?

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.

History of BitcoinPoS (BPS)

The total supply of BPS tokens is 21 million coins. 

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FAQ

What is the current price of BitcoinPoS?

The price of 1 BitcoinPoS currently costs $0.0320.

What is the market cap of BitcoinPoS?

The current market cap of BitcoinPoS is $191.76K. 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 $238.45. 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 $33.31.

What other assets are similar to BitcoinPoS?

Assets that have a similar market cap to BitcoinPoS include Legend of Fantasy War, Bean Cash, DeFi Bids, 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.