The BitBar currency is designed to offer plenty of value, literally. Users claim that the currency is many times bigger than the bitcoin. In other words, a single token can be exchange for many products, or products of considerable value. The currency is forked off the Novacoin algorithm and is known for its low transactions times. Users can mine the currency and earn tokens for it. The hybrid currency uses proof of work and proof of stake for rewarding users.
To ensure stable value, the BitBar was not offered through ICO. Instead, mining is the process through which users can earn tokens. The mining difficulty is adjusted to ensure that there is no over generation of the tokens, which could lead to devaluation of the BTB token. Since digital currencies depend on factors other than linking to economic activities, the BitBar offers opportunities for investors since it has more value than the bitcoin and is controlled in supply.
The BitBar can be bought through Cryptsy and other exchanges. Users have recourse to a Windows wallet to store, mine and use the tokens. The BitBar also offers how to articles for new users. It comes with a reliable block explorer. There is plenty of opportunity for miners, so they can earn good rewards for their efforts.
The size of the currency is in favor of users looking to do more with their tokens. The BitBar is also based of a stable blockchain. Lower fee and transaction times will enable buyers and sellers to use the BitBar rather than rely on credit cards. The BitBar also offers secure mining, with no ASIC interference. The motive of promoters is to keep the currency value on the positive side. To prevent devaluation, mining is controlled. Also, there is no pre mine. This makes the currency limited I supply. IN turn, this raises the value of the currency. This is the primary reason investors would want to use the BitBar. The coin has plenty of user support, and users can interact through online forums for more assistance. Miners can use online calculators to look up potential rewards and keep an eye on mining progress. Once the proof of work was in place, BitBar also added proof of stake. This offers users more ways to generate revenue in the form of BTB tokens. They can simply let their coins lie in the wallet, and earn interest on them.
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