Boolberry is a cryptocurrency powered by the CryptoNote technology and stands apart from others on the strength of its enhanced privacy features that it offers at both ends of the transactions. In every Boolberry transaction, the receiver is anonymous. Only the real recipient can determine the destination of a transaction. Also, every transaction could potentially have multiple senders making a potential hacker wonder about the source of the transaction. Boolberry, in fact, improves the CryptoNote tech base as it can reduce the size of the global ledger of transactions and also boost anonymity factor.
Boolberry is a wild Keccak algorithm Proof of Work crypto coin that incorporates many interesting features. The usability and security aspects are enhanced with the separated wallet and daemon. The cryptocurrency makes use of a system based on ring signatures and one-time transaction keys for stringent privacy. It has a flexible network protocol that makes it possible to extend the network protocol quickly.
A key drawback of the CryptoNote technology is that the size of the blockchain keeps increasing. By using an alternative approach to optimize the blockchain by pruning of old ring signatures, BBR overcomes this problem smoothly. There are other advances in the offing such as able Ring CT which will make Boolberry a world-class cryptocurrency with a high level of robustness. The availability of a fully functional BBR GUI makes Boolberry highly accessible. This is a key advantage that the cryptocurrency offers over other similar coins powered by the same technology.
Boolberry future short term goals include increasing the utility of the currency by integrating the LMDB database in the system. They are also working on some fixes on various aspects from mining to the client. Also, they will be taking care of the relatively scarce supply of the coin by implementing privileged full nodes. Then there are plans to create connection nodes that allow people to use light clients so that they can get BBR tokens off exchanges. This can actually eliminate the need for the entire Blockchain.
The total supply of BBR currently stands at 10,720,038 and all the coins are available for transaction on the market. The market cap of Boolberry at present is $24,850,014 and it is trading at approximately $2.318. Average volume traded during a 24-hour period is $53,791. Boolberry enjoys a ranking of 233 currently among all cryptocurrencies available on the market.
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