BiblePay
1. Summary
- Description
-
BiblePay Overview
BiblePay Overview
BiblePay is a secure deflationary blockchain designed to benefit individuals in distress, with 10% of block emissions going to sponsor orphans and charitable causes. Using a proof-of-work consensus algorithm, the network ensures the integrity of transactions while promoting a socially responsible impact.
Key Features
- Deflationary Emission Schedule: The block reward decreases by 18% each year, ensuring a decrease in total circulation over time.
- Orphan Sponsorship: 10% of block emissions are allocated to supporting orphan charities, with provable contributions and expenses.
- Master Nodes (Sanctuaries): These specialized nodes allow for community voting on expenditures and ensure transparency.
- InstantSend: Transactions are enabled through Dash's InstantSend feature for fast and reliable processing.
- Blockchain Technology: BiblePay incorporates advanced blockchain-based voting systems and encodes the entire KJV Bible into its software.
- Mining: BiblePay uses RandomX merge mining, which combines mining with Monero (XMR), and helps prevent the use of ASICs and GPUs.
- Low Energy Consumption: The algorithm is designed for high efficiency and low energy use.
History
- Launch Date: July 23, 2017
- Developer: Robert Andrews
- Initial Premine: None
- Initial ICO: None
Usage
BiblePay allows users to store their coins in digital wallets that have their own copy of the blockchain, ensuring full transparency and auditability. The network is designed to support both transaction speed and social impact, spreading the message of the Gospel through its unique blockchain features.
| Price | |
| 52W High price | $0.000151120200 |
| 52W High date | 16th Jan 2023 (2 years ago) |
| All Time High (ATH) Date | 30th Sep 2024 (4 months ago) |
| All Time Low (ATL) Date | 30th Sep 2024 (4 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2.00 |
How does BiblePay's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
-12.0%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 619 |
|---|---|
| Active Reddit Users (past 24h) | 3 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 362 |
| Twitter followers | 1,274 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://biblepay.org/ |
|---|---|
| Explorer | http://explorer.biblepay.org |
| @biblepay | |
| /r/BiblePay |
Has BiblePay been audited for security?
No security audits found for this project.
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