Welcome to the future.
Welcome to B3 Coin.
The Fundamental Node (FN) is B3's masternode that leverages a unique technology to the blockchain network: Proof of Disintegration (PoD). Fundamental Nodes serve as a long-term passive income asset for investors and provide the foundational fabric upon which the chain is secured, maintained, and stabilized, similar to traditional masternodes.
Proof of Disintegration (PoD)
Unlike standard masternodes that either lock its purchasing coins in the wallet as collateral or use Proof of Burn technology, the B3 Fundamental Node destroys its purchasing coins from the blockchain through Proof of Disintegration, rendering them unrecoverable while driving down circulating supply. Proof of Disintegration establishes innovative economic security within B3's Fundamental Node purchases and serves as a mechanism to decrease circulating supply.
Staking
Proof-of-Stake is thousands of times more energy efficient than Proof-of-Work and allows users to verify the blockchain and earn block rewards by simply storing B3 Coin in their wallets. Our current Proof-of-Stake return rate is 20% APR.
Decentralized Exchange
Centralized exchanges are subject to hacking, theft, and potential price manipulation as information is stored on private servers. The B3 team is working day and night to revolutionize how coins are mined, controlled, bought, and sold. Dex is a fully autonomous, decentralized exchange where all the information is stored on the blockchain. Dex will not only make every transaction secure and private, but will provide its users state-of-the-art algorithms and technical analysis to maximize profits while trading.
Fundamental Nodes w/ Proof of Disintegration
B3 is the first coin to develop and implement Fundamental Nodes (FN). A Fundamental Node is similar to a regular masternode in terms of the service it provides to the network but the coins used to purchase a Fundamental Node are destroyed. This reduces the overall supply of the coin over time as more Fundamental Nodes are added to the network. Fundamental Nodes receive 60% of the block reward while those staking receive 40%.
What is kB3?
B3 and kB3 are units of currency supported in the latest B3Coin wallet (v3.1.1.2+). Through a soft fork, the B3Coin dev team implemented support for a 1000:1 currency conversion in the wallet to ensure the longevity and future proofing of the currency. B3 is now not only the brand name but also the unit of currency used to support micro-payment while in parallel, kB3 is there to support macro-payments and trade. As the B3Coin dev team continues to innovate in this space, naturally we expect the value of the coin to increase overtime -- to handle this appreciation, the B3 wallet handles both units.
How does this impact the wallets and normal transactions/transfers?
The B3 wallets are backward and forward compatible with both units. If you send B3 to a wallet that has kB3 as their unit of display, it will show at the destination as kB3 and vice versa (see FAQ).
How does this impact the exchanges?
kB3 is the tradeable cryptocurrency. B3Coin will be represented on exchanges as kB3, that is 1000 B3. When you buy and sell B3Coin, you are trading in 1000 B3 lots/bundles as kB3.
To summarize:
B3
* Brand behind the innovative team.
* Support for micro-payments (avoid decimal conversions / calculations).
kB3
* Tradeable asset.
* Support for macro-payments.
Reference:
* 1 kB3 = 1000 B3.
* Current Supply = 600 million kB3 (varies due to modern PoS system).
Join Our Community
28,000
+
Members & Counting
Join Our Community
28,000
+
Members & Counting
Annual Staking Rate
0
Block -
10,000
Block
8
%
10,001
Block -
20,000
Block
15
%
20,001
Block -
30,000
Block
25
%
30,001
Block -
40,000
Block
50
%
40,001
Block -
50,000
Block
100
%
50,001
Block -
60,000
Block
1,000
%
60,001
Block -
80,000
Block
10,000
%
80,001
Block -
110,000
Block
100
%
110,001
Block -
1,000,000
Block
20
%
1,000,001
Block -
∞
5
%
