CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,420,753,527,012
Volume 24h
225,438,782,493
Dominance
BTC 60.20%   ETH 8.86%   USDT 4.47%   XRP 3.62%

BBAChain
BBA

0.1607
$
2.40 %
Change 24h
Market Cap
$ 24,941,019
Volume 24h
$ 304,903
Circulating Supply
155,156,308
Total Supply
296,000,000
BBA
$
# Exchange Pair Price Volume 24h

Description

BBAChain is a Layer 1 blockchain platform launched on October 21st, 2023 by BTI Group OÜ a company based in Estonia, designed to optimize the functionality, scalability, and affordability of decentralized applications. It utilizes a hybrid consensus mechanism that combines Proof of Stake (PoS), Proof of History (PoH), Derive of Half, and the Algorithm of Dichotomy. This innovative approach allows BBAChain to process transactions at a rate of 100,000 per second for just a few cents. BBA is the native utility token used within the BBAChain ecosystem for: • Fees for processing transactions and maintaining data. • Staking by validators to participate in the network consensus and earn rewards. • Engaging in network governance decisions. BBAChain is building a native ecosystem that includes key features such as: • A decentralized exchange (DEX) for seamless peer-to-peer asset trading. • A euro-pegged stablecoin, facilitating stable digital transactions. • An NFT marketplace that supports the minting, trading, and auctioning of digital collectibles. • A comprehensive DeFi ecosystem that offers various financial services. • A decentralized network that will facilitate government and institutions to run national elections, voting and polls through the blockchain.