BiblePay (BBP)

BiblePay (BBP) is a Christian Charity Cryptocurrency. 10% of funds are donated to charities and nonprofits, and as of March 2018, over 200 orphans are being sponsored monthly. The project rewards contributing computing power to cancer research, writing letters to orphans and learning more about Christianity. A decentralized crypto-currency using a new proof of work algorithm based on the King James Bible, called Proof-Of-Bible-Hash. One of the goals employed is the prevention of hashing in ASIC devices or GPUs. Proof of Bible Hash uses 31,101 verses from the text of the bible, making it impractical to port to an ASIC or GPU, due to multiple considerations including but not limited to: Chained verse logic, memory consumption, encryption, decryption, transaction ID lookups, blockindex lookups, Receiving address Lookups, Full Node business Logic, floating time parameters, and late block logic. In addition, the hashing algorithm requires AES512 encryption and decryption to restrict GPU execution. The algorithm also uses a complicated ruleset to chain the verses together (more on the technical details below). Additionally, the algorithm appends information from the blockchain as the miner is mining, with the goal of requiring a full node. In this way, the algorithm creates more overhead to run outside of a full node than inside a full node. The effect of having a network of full nodes available adds electrical efficiency and stability to the bible pay network.
Rank
Price $0,00
Market Capitalization $0
24 Hours Volume $0,00
Available Supply 0 BBP
Total Supply 0 BBP
Change (1 Hour) -0.33%
Change (24 Hours) -12.81% (%)
Change (7 Days) -9.81%
Cryptocurrency News
March 24th, 2019

To ensure a fairer distribution of tokens during a token sale event, top cryptocurrency exchange Binance has introduced a new lottery launchpad system model replacing the existing first-come-first-serve system.

March 23rd, 2019

Despite several delays in its launch, Bakkt’s valuation currently stands at $740 million with major financial institutions holding their stake in the platform.

March 22nd, 2019

Amazon and Worldpay have announced their partnership in the framework of which Worldpay will fully enable Amazon Pay for its merchants.

March 22nd, 2019

A sneak peek into Buterin’s account highlights the ETH holdings of the Ethereum founder and his cashing-out into fiat currencies in the last four years.

March 22nd, 2019

Mt. Gox’s trustee Nobuaki Kobayashi has concluded the processing of creditors’ rehabilitation claims and promised to notify them of the results within days.

March 22nd, 2019

As Bitcoin seems to be forming its news base at $4000 levels a few crypto analysts call this the start of the next bull run.

March 22nd, 2019

Further increase in the Bears’ pressure will make XRP to find its support at $0.30 demand level. In case the demand level of $0.30 holds, the XRP price will bounce and rally towards the north.

March 22nd, 2019

It seems that Facebook is in “hot water” again as the company stored millions of user passwords improperly for years.

March 21st, 2019

In his recent interview, Vitalik Buterin explained why Ethereum price is important for the crypto industry and answered to many other questions.

March 21st, 2019

Crypto market is still away from reaching its full potential, and new players should be incentivized to enter the field. Streamex.io comes up with a fresh solution.