Blackstar (BSTAR)
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Blackstar (BSTAR) is a cryptocurrency that runs on a Proof-of-Stake blockchain, meaning the network is secured by users who lock up their coins rather than by energy-hungry mining rigs. In plain terms, it's a digital asset you can send, receive, and stake to earn rewards while helping the network run. The BSTAR token is the native currency of the Blackstar ecosystem.
Frequently asked questions
What is Blackstar (BSTAR) and how is it different from Bitcoin?
Blackstar is a cryptocurrency built on a Proof-of-Stake blockchain, while Bitcoin relies on Proof-of-Work mining. The core difference is how each network stays secure: instead of miners burning electricity to solve puzzles, BSTAR holders can stake their coins to validate transactions. That makes the whole system far lighter on energy.
How does Blackstar's Proof-of-Stake consensus work?
In a PoS network, participants lock up some of their BSTAR as collateral and take turns validating new blocks. Honest validators earn rewards, while anyone trying to cheat can lose part of their stake — a mechanism known as slashing. This economic incentive is what keeps the blockchain trustworthy without any mining hardware.
How are new BSTAR coins issued?
There is no mining in Blackstar — new coins enter circulation as staking rewards paid to validators and delegators who keep the network running. Emission is therefore tied directly to network participation rather than computing power. For up-to-date supply figures, check the live stats on this page.
How can I store and use BSTAR?
You can keep BSTAR in any wallet that supports the Blackstar network — a hardware wallet is the safest option for larger amounts, while mobile or browser wallets are handy for everyday use. Beyond simply holding, you can stake your coins to earn rewards and help secure the network. Whatever you choose, back up your seed phrase and never share it with anyone.