Bened

1. Summary

Ranks

Liquidity

-

Developer

-

Social

46

Momentum (beta)

0

Stack Rank™

-

Price

$0.000032030000 0.0%

Market Cap

$0.00 (#8549)

Supply

/

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Price
52W High price	$0.001200154500
52W High date	15th Jul 2022 (2 years ago)
All Time High (ATH) Date	6th Oct 2024 (1 month ago)
All Time Low (ATL) Date	6th Oct 2024 (1 month ago)

Supply & Trading Volume
Trading Volume (24h)	$81.00

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Description

Project Overview

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Project Overview

Bened is an open-source, peer-to-peer blockchain platform primarily designed for decentralized storage of recorded events. This platform employs the "proof-of-time" stake algorithm, an advanced and secure implementation resistant to all potential attacks aiming to falsify transactions and generate new coins. Bened ensures that transactions are considered secure after 10 confirmations and averages 60 seconds for block generation.

Key Features

• Event Storage: Events on the blockchain are loaded by burning BND coins at a rate of 10 BND per kilobyte of event data.
• Consensus Mechanism: The advanced proof-of-time stake algorithm ensures the integrity of the blockchain, preventing attacks and ensuring the secure generation of new coins.
• Cryptographic Security: The platform utilizes the Curve25519 hybrid cryptography system and SHA256 hashing algorithms for enhanced security.
• Distribution: The total supply of available coins is initially distributed in a genesis account with a negative balance of anti-coins.

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