BiblePay is a secure deflationary blockchain developed to benefit those in distress. 10% of the emission of the blockchain goes directly to sponsoring Orphans, with provable contributions, contributed to an organization that is more than 75% efficient.
The altcoin BiblePay is not a PoS (Proof-of-Stake) coin. It’s not a PoW (Proof-of-Work) coin. But what is it? It’s PoB (Proof-of-Biblehash).
This snipplet from the project website www.biblepay.org describes what Proof-of-Biblehash is:
Proof of Work has been replaced with Proof Of Biblehash (POB) – an algorithm that compensates full nodes participation, while preventing GPUs and ASIC by requiring full blockchain transaction referencing in the hashing function, along with chained bible verses. This means biblepay subsidizes full nodes that stay online.
Also worth mentioning is the fact that premine, dev fund, airdrop etc. on BiblePay (BBP) is 0%!
NO PREMINE – the lead dev starts with zero, the orphan foundation fund starts with zero, the distribution is entirely fair. NO ICO. The distribution curve is evenly declining with no hidden bumps early.
There you have it. Start mining today, on your desktop computer. It’s easy to get up and running. Follow on and check out this post to learn how to start mining BiblePay (BBP).
BiblePay is currently (Nov 2nd 2017) traded at C-CEX in the following pairs: