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Blockchain of Hash Power (BHP)

$ 0.02
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Circulating supply
20,177,578 BHP
Total supply
52,881,278 BHP
Max. supply
100,000,000 BHP

About Blockchain of Hash Power

Overview

BHP（Blockchain of Hash Power）is a public chain which is the world's first decentralized digital asset interaction network based on bitcoin hash power credit.

By using Bitcoin hash power as a broad agree digital asset value exchange intermediary, smart contracts are used in BHP network to realize the trusted and free interaction and circulation of digital assets and real world’s assets.

Network Structure

The BHP network consists of 21 hypernode communities around the world.

Each hypernode must permanently provide bitcoin pool nodes with a certain amount of hash power.

Hash Power and Consensus

While these nodes provide mining hash power for the Bitcoin network, the BTCs produced by these nodes are automatically deposited into the BHP network, providing a completely real Bitcoin hash power asset credit guarantee for each block of the BHP network.

Each node is not only the provider of network hash power of Bitcoin, but also the consensus witness node of each BHP network transaction.

By anchoring the value of each block of BHP and the value of BTC, the establishment of the maximum consensus of decentralization of the underlying "credit" can be achieved.

Key data

updated $0
Market cap$0
Volume 24h$0
Circulating supply20.18M20% of max 100M

Blockchain of Hash Power (BHP) is a cryptocurrency that combines Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanisms. Its ticker is BHP, and it focuses on leveraging computational power for blockchain efficiency. Think of it as a hybrid system balancing security and energy use.

Frequently asked questions

What is Blockchain of Hash Power (BHP)?

BHP is a cryptocurrency that uses both Proof of Work (PoW) and Proof of Stake (PoS) to secure its network. It aims to optimize blockchain efficiency by combining the strengths of both mechanisms.

How does BHP's consensus mechanism work?

BHP uses a hybrid PoW/PoS system: PoW secures the network through mining, while PoS allows users to stake coins to validate transactions. This dual approach balances security and energy consumption.

How is BHP coin emission structured?

BHP coins are generated through mining (PoW) and staking (PoS). The emission rate is designed to decrease over time, ensuring a controlled and predictable supply.

How can I store and use BHP?

BHP can be stored in compatible wallets that support its blockchain. It can be used for transactions, staking, or as part of decentralized applications built on its network.