CryptoCurrencies
19046
Exchanges
500
Total Market Cap
4,500,077,767,053
Volume 24h
313,930,874,363
Dominance
BTC 54.41%   ETH 12.08%   XRP 3.95%   USDT 3.93%

BBAChain
BBA

0.002363
$
0.76 %
Change 24h
Market Cap
$ 390,186
Volume 24h
$ 216,868
Circulating Supply
165,139,617
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.