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requires 6 hours for beans to mature before they are eligible to stake a block. In addition, unlike other PoS crypto currencies, BitBean creates new blocks using a similar approach as PoW crypto currencies. Blocks which are found are static blocks similar to PoW. Each PoS block reward is 1,000 virtual beans. This is a much better form of proof of stake than determining rewards based on a percentage basis. Crypto currencies are supposed to be a payment system. BitBeans PoS encourages people to actually process transactions instead of hoarding their coins. Hoarding coins and only processing transactions rarely to collect an interest payment, does not make for a good payment transaction network.
Community Enthusiasm – 3 out of 5
There is no Slack. They use a BitBean Public Live Chat linked with IRC. Links below.
The Bitcointalk thread is Very active with both Devs & Enthusiasts.
People love the Bean.
Active Development – 3 out of 5
The devs are working in the background around the clock.
The devs are making and discussing progress.
The Devs are working on a new project management system which will replace the current outdated Roadmap. Projected to be released soon.
They have Live Chat support on the website, but nobody answered when I tested it. Had they answered this would have given them a 4 instead of a 3.
They have a telephone support hotline – 1 (406) 213-4656 (how cool is that?)
Exchanges – 4 out of 5
Bittrex
Cryptopia
BleuTrade
Nova Exchange
4 Others
There is also a event happening tomorrow, for bitbean called PorcFest Freedom Festival 2017 and the CEO of overstock will be there.
The coin is very cheap at the moment.
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>>2527485
Hmm I'll get some when I'm on safer wifi and see where this goes, those beaners are always up to something. Any idea when it will be on poloniex?
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I have one LTC, should I swap it for whatever this shitcoin is and see if it goes up in the coming days? Please say it wont crash below what it's now, it's already so low.
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>>2527575
I would, litecoins news came and went. BitBean's week is now and this board has been supportive since the beginning.
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>>2527485
This coin is a mean machine. How can anyone take something called "bitbeans" seriously?
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>>2527604
Will you take it seriously when you see this at gas stations or stores?
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Can someone post comfy bitbean
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This coin isn; 't for short term gains. This is a coin that is at a very good price at the moment. BUY HOLD forget that you have it come back in a few months and thank me later.
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Comfy hodling almost 6 million beans. Balls of steel.
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>>2527642
how much would this thing cost? I wanna open a bean store.
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>>2527838
Are you sprouting? You can get some decent gains off of that. :D I only have 1 million beans... bought somewhat high though.... over 400.... soooo that sucks. Balls of steel hand of gold. This beans will go up soo I am not worried.
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>>2527838
got a mere 1000 beans at the moment but will get more soon. Hold strong beanbro.
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>>2527906
Obviously, but thanks for the tip. :) Sprouting will get me another million by the end of the year.
400 sats, too bad bro. But next year you will forget the volatility of these months. Because it wil be 0,05 usd at least.
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>>2527931
For sure.... just not looking at the charts because for short term they do not matter.
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