BXTB is mined via a proof-of-storage consensus mechanism and tradeable on cryptocurrency exchanges.
Using proof-of-storage drastically lowers the barrier to entry for potential miners because of the relatively cheap cost for storage space as well as significantly reduced energy costs, compared to proof-of-work processing power. The added inclusivity promotes a more diverse, less concentrated group of miners who will all participate and have a vested interest in the growth of the token’s key value drivers.
Total BXTB Token : 21,588,128,000
(No ICO, no pre-mine allocation, no airdrop)
Block Time : 4 minutes
Block Reward : 10,000 BXTB / Block (360 Block / Day)
(Block reward reduces at a fixed rate of 1% each month)