Bit Ecological Digital Asset, referred to as BED, adopts the mixed consensus algorithm mechanism of PoW+PoS, continues to use the SHA256 algorithm of Bitcoin, and has a total circulation of 21 million pieces. The block time is one block every 10 minutes. Every 210,000 blocks of a BED, the BED reward is halved. Under BED's PoW+PoS consensus algorithm, miners can participate in both PoW mining and PoS voting. In each round of mining cycle, if the miner successfully bids for the ticket, he can get all the block rewards and transaction fees; if the miner does not get the ticket, he will only get part of the mining income.