6 years ago

About BHD
BHD
BHD is a new type of crypto currency based on Proof of Capacity.
BHD
BHD uses an upgraded version of cPOC mining (Conditioned Proof of Capacity), with a perfect economic model and consensus algorithm.
BHD
BHD uses hard disk as the participant of consensus, which reduces power consumption.
BHD
BHD mining lowers the entry barriers, and makes the coin generation process more decentralized, secure and reliable.
BHD
Compared with POW mining, cPOC mining saves energy, consumes much less power, has lower noise, no heat, and is anti-ASIC. cPOC-mining-based BHD can realize the original intention of Satoshi Nakamoto ---- everyone can become a miner.
BHD
Lowered the cost of credit, increased the strength and breadth of consensus, and improved the security of the consensus architecture
Technical parameters
Block size: 2MB

Block generation rate: 3 minutes

Replay attack: 2-way protection

Total supply: 21 million pieces

Development team: 2.1 million pieces (10% pre-excavation)

Promotion team: 1.05 million pieces (5%)

Miners mining: 17.85 million (85% for miners)

Initial block size: 15BHD / Block

Halving cycle: 4 years

Initial TPS: 70 transactions per second
Timeline
2018
AUG 3, 2018
The BHD genesis block was mined. it initiated a new mining method, and first month of unconditional storage mining
SEP 4, 2018
BHD started conditional cPOC experiment.
2019
MAY 13, 2019
On May 13, 2019, the dynamic cooperation mining model was launched, and the calculation power of the whole network has increased smoothly.
JULY 29, 2019
On July 29, 2002, the BHD Consensus has upgraded and huge block rewards began to implemented.
when the whole network computing power enters a positive growth cycle, adds elastic economic model according to the community consensus
Capacity size reaches 3000P, implements zero knowledge function, improves TPS
Capacity size reaches 6000P, upgrades cPOC consensus
Capacity size reaches 10000P, builds the stable currency system using capacity as standard, services for the application layer