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BBAChain (BBA) cryptocurrency Prices, about, Charts, Market Capitalization's and more.

Company details

What Is BBAChain (BBA)?​

BBAChain is a Layer 1 blockchain platform launched on October 21st, 2023 by BTI Group OÜ a company based in Estonia, designed to optimize the functionality, scalability, and affordability of decentralized applications. It utilizes a hybrid consensus mechanism that combines Proof of Stake (PoS), Proof of History (PoH), Derive of Half, and the Algorithm of Dichotomy. This innovative approach allows BBAChain to process transactions at a rate of 100,000 per second for just a few cents.

BBA is the native utility token used within the BBAChain ecosystem for: • Fees for processing transactions and maintaining data. • Staking by validators to participate in the network consensus and earn rewards. • Engaging in network governance decisions.

BBAChain is building a native ecosystem that includes key features such as: • A decentralized exchange (DEX) for seamless peer-to-peer asset trading. • A euro-pegged stablecoin, facilitating stable digital transactions. • An NFT marketplace that supports the minting, trading, and auctioning of digital collectibles. • A comprehensive DeFi ecosystem that offers various financial services. • A decentralized network that will faciliate government and institutions to run national elections, voting and polls through the blockchain.

What Is BBAChain (BBA)?​

BBAChain is a Layer 1 blockchain platform launched on October 21st, 2023 by BTI Group OÜ a company based in Estonia, designed to optimize the functionality, scalability, and affordability of decentralized applications. It utilizes a hybrid consensus mechanism that combines Proof of Stake (PoS), Proof of History (PoH), Derive of Half, and the Algorithm of Dichotomy. This innovative approach allows BBAChain to process transactions at a rate of 100,000 per second for just a few cents.

BBA is the native utility token used within the BBAChain ecosystem for: • Fees for processing transactions and maintaining data. • Staking by validators to participate in the network consensus and earn rewards. • Engaging in network governance decisions.

BBAChain is building a native ecosystem that includes key features such as: • A decentralized exchange (DEX) for seamless peer-to-peer asset trading. • A euro-pegged stablecoin, facilitating stable digital transactions. • An NFT marketplace that supports the minting, trading, and auctioning of digital collectibles. • A comprehensive DeFi ecosystem that offers various financial services. • A decentralized network that will faciliate government and institutions to run national elections, voting and polls through the blockchain.

How Many BBA Coins Are There in Circulation?​

BBAChain was launched with a total supply of 296,000,000 BBA tokens. This includes 146,000,000 core coins and 50,000,000 issued during the genesis block, with an annual release of 1,000,000 BBA tokens designated for validator rewards. With a yearly halving, BBA Coin issuance will continue over the next 100 years, ensuring a steady supply growth corresponding with the network’s adoption and expansion.

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Company information

Added by
cryptohunter
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