Bumbacoin (BUMBA) is a cryptographically secure electronic token that can be used for transactions. Bumbacoin adopts a decentralized storage method without the intervention of third-party institutions. Bumbacoin supports x11 algorithm and pure POS proof, each block rewards 2 BUMBA, and the block generation time is 1 minute.

Project Highlights

1. Decentralization. Unlike other forms of digital money, such as banking, there is no one institution responsible for keeping the data. Anyone can participate in Bumbacoin's complete ledger history, including all transactions and current balances. This means that each replica must agree on who owns which coin before that coin can be effectively spent.

2. Unique digital data. The obvious problem with digital files is that they are infinitely replicable, this is true for the ledger or record of Bumbacoin transactions, but by using cryptographically secure private address keys, Bumbacoin (and other cryptocurrencies) may only be used by the owner . The address where the coin is located.