BITSOAR Coin is a peer-to-peer digital currency with a distributed, decentralized public ledger, which unlike those of traditional banks is viewable and easily audited by anyone.
BitSoar (ticker BSR) is a mineable cryptocurrency that runs on a Proof-of-Stake consensus mechanism, meaning new blocks are validated by coin holders rather than pure computing power. Its supply is strictly limited to 100,000,000 coins, so no more BSR will ever be created beyond that cap. The project's official home on the web is bitsoar.com, where you can find wallets and network details.
BitSoar (BSR) is a decentralized cryptocurrency with a fixed maximum supply of 100,000,000 coins. Unlike Bitcoin, which relies on energy-intensive Proof-of-Work, BitSoar uses Proof-of-Stake, so the network is secured by holders who stake their coins instead of miners burning electricity. It's also mineable, which gives it a hybrid character compared to pure PoS coins.
In Proof-of-Stake, network participants lock up or hold BSR coins and use them to validate new blocks, earning rewards for doing so. The more coins you stake, the higher your chance of forging the next block. This makes the network cheaper to run and far less energy-hungry than Proof-of-Work systems.
BitSoar has a hard cap of 100,000,000 coins — that's the absolute maximum that will ever exist. New coins enter circulation through mining and staking rewards until the cap is reached. This built-in scarcity is fixed in the protocol and cannot be changed without a network-wide consensus shift.
You store BSR in a wallet that supports the coin — the official site bitsoar.com lists the available wallet software. From a wallet you can send and receive coins, stake them to earn block rewards, or mine if you prefer that route. Always download wallets only from the official site to avoid fake software.