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Market

Market stats

Market cap

$93,962.66

Volume (24h)

-

Circulating supply

6.0M BPS

All time high

$238.45

Price change (1h)

-0.15%

Price change (24h)

+20.56%

Price change (7d)

-0.16%

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BitcoinPoS is on the decline this week.

The price of BitcoinPoS has fallen by 0.16% in the past 7 days. The price increased by 20.56% in the last 24 hours. In just the past hour, the price shrunk by 0.15%. The current price is $0.0157 per BPS. BitcoinPoS is 99.99% below the all time high of $238.45.

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

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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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Reading List

News

Bitcoin Magazine • Sep 20, 23

Bitcoin vs Ethereum: A Culture War Rooted in First Principles

Willem Schroe, founder of Botanix Labs, discusses the reasons why his company is working on a decentralized second layer to bring the Ethereum Virtual Machine (EVM) to Bitcoin.

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BeInCrypto • Sep 20, 23

Axie Infinity (AXS) Price In Recovery Mode - But Will it Last?

Axie Infinity (AXS) holders fiercely defended the $4 support level last week. Can investors avoid another bearish reversal? Axie Infinity (AXS) holders fiercely defended the $4 support level last week. Can investors avoid another bearish reversal?

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CoinDesk • Sep 20, 23

The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.

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CoinDesk • Sep 20, 23

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target

Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token.

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The Block • Sep 20, 23

a16z crypto leads $3.6 million seed round for Freatic’s information markets protocol

Freatic aims to build a protocol that can accelerate the flow of investment information from the real world to those who can leverage it.

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CoinDesk • Sep 20, 23

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

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FAQ

What is the current price of BitcoinPoS?

We update our BitcoinPoS to USD 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 $93.96K. 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 $0.00.

What other assets are similar to BitcoinPoS?

Assets that have a similar market cap to BitcoinPoS include Apron Network, Launchblock.com, hiVALHALLA, 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.