Beyondcoin has never been funded through an ICO or any premine as Beyondcoin never had a premine. There is no CEO or a company controlling the Beyondcoin blockchain. It is a volunteer based and global community driven project.
Beyondcoin uses the cryptographic algorithm called scrypt to allow bigger miners called ASICs to further secure the network from attacks.
Beyondcoin blocks are mined every 2.5 minutes which is 4 times faster than Bitcoin. SegWit implementation and blockchain rigidity enable up to 1020 on-chain transactions per second with negligible fees.
Over the past year, Beyondcoin has advanced into a huge ecosystem of products and more. Still, Beyondcoin is continuously growing and going beyond expectations.
The top layer is like full of different things like apps and software that all use Beyondcoin. Smart contracts can be created on the Beyondcoin lightning network and many other applications can use the lightning network to accept payments in milliseconds.
The middle layer provides security and administration. A digital byte of data, a representation of larger data or a unit that holds value, and cannot be counterfeited, duplicated or hacked. An immutable public ledger where all transactions on the Beyondcoin network are recorded. Beyondcoin uses the scrypt algorithm for security. Newly minted Beyondcoins only come from mining.
The bottom layer provides communication and operating procedures. A very low-level way nodes on the Beyondcoin global network communicate. Hundreds of people are running many versions of the Beyondcoin software all across the planet. Any server, computer, tablet or mobile phone connected to the Beyondcoin network becomes a node that helps relay transactions.
Just like this website, the Beyondcoin blockchain is completely open source and free to use released under the MIT license, which gives you the power to run and modify the software. Transparency allows for independent verification of binaries and their corresponding source code.
The Beyondcoin Project on GitHub.
Discover some of the major development milestones of the Beyondcoin blockchain.
Beyondtoshi started developing Beyondcoin.
The genesis block was mined by Beyondtoshi and Beyondcoin was officially launched.
The Beyondcoin Foundation was launched.
The Beyondcoin Web wallet was launched.
The Beyondcoin Lightning Network was officially launched.
Getting started to use Beyondcoin is easy. All you need to do is install a Beyondcoin supported wallet then install it to send and recieve Beyondcoins.
Beyondcoin has never been funded through an ICO or any premine as Beyondcoin never had a premine. There is no CEO or a company controlling the Beyondcoin blockchain. It is a volunteer based and global community driven project. The founder, developers and the community are unpaid volunteers that eliminate the risk of bankrupt and corruption.
Beyondcoin transactions are confirmed in about 2.5 minutes, much faster than Bitcoin. SegWit enables up to 1020 on-chain transactions per second and negligible fees make Beyondcoin another ideal currency for daily payments.
Beyondcoin has been built on the uncrackable technology of the Bitcoin and Litecoin blockchain and implemented various advanced enhancements over it such as the Lightning Network.
Beyondcoin is a 100% Proof of Work (PoW) blockchain that can be mined with the scrypt algorithm.
Compared to 21 million Bitcoin, there will be 84 million Beyondcoins. The Beyondcoin block reward decreases 50% every 4 years like Bitcoin. All 84 million Beyondcoin will be mined by the year 2150. After 2150 the miners will then rely on transaction fees alone and Beyondcoin will fork into a PoS algorithm allowing users to still earn Beyondcoins.
The Lightning Network allows for many new things to be constructed for the Beyondcoin network, things like atomic swaps and more.
The Lightning Network is still a P2P chain that is ran along the Beyondcoin blockchain. All lightning nodes are ran by users and is 100% secure.
The Lightning Network is only in about 5 other coins. Beyondcoin is the 5th coin to have a working Lightning Network and the LN is still considered bleeding edge technology.
Start a lightning node which is the key to the lightning network, read our blog post on setting up a lightning node.
To use the lightning network, you need to setup a channel, read our post on how to open a lightning channel.
After opening a channel, you can use the lightning network!
Do you need more assistance with the Lightning Network? Please feel free to join the Beyondcoin group on Telegram to ask your questions or share your ideas. Beyondcoin on Telegram.
Beyondcoin Lightning Network applications and more!
The Beyondcoin Lightning Network channel explorer. Explore the Lightning Network.
Lightning roulette allows you to play roulette using the Beyondcoin lightning network.
Nanotip allows you to recieve tips over the Beyondcoin lightning network on your website and more.
The Beyondcoin Foundation is a volunteer managed organization that operates in a non-profit way. They protect and promote the true principles of decentralization and empower Beyondcoin and its community to establish and maintain a sustainable decentralized world.
Learn more - Donate - Contact.
The Beyondcoin Project is a community-driven outreach initiative. They are led by a team, whose members in turn manage teams across social media, outreach, education, writers and developers. They aim to promote the Beyondcoin blockchain through outreach and marketing campaigns.
Donate - Contact.
Everyone that is working on the Beyondcoin blockchain is an unpaid volunteer who devoted their time and skills to a project they believe in. Start contributing to the BYND development today or build your own app on top of the Beyondcoin blockchain or lightning network.
Beyondcoin on GitHub.
BeyondTip is a Twitter bot for Beyondcoin. Beyondtip allows you to tip users on twitter with Beyondcoin and all balances are stored on-chain.
The Beyondcoin Wiki is an online encyclopedia started by Beyondtoshi, for the Beyondcoin community. It contains useful and up to date data and how to guides. Anyone can contribute to the Wiki by creating a free user account and start adding or updating information on the Beyondcoin Wiki.
Warning Please avoid shameless self-promotion and referral links.
Kristian Kramer (aka Beyondtoshi) is the founder and creator of Beyondcoin. Kristian dedicated full-time development to Beyondcoin since June 2019. He is in the Congressional Record for accolades and achievements. He has contributed to Bitcoin Core and many other cryptocurrencies and blockchain projects and has been developing since the age of 6.
Social Media Disclaimer
The personal opinion, beliefs and viewpoints expressed by Kristian Kramer, the Beyondcoin Project, and the Beyondcoin Foundation do not necessarily reflect the personal opinion, beliefs and viewpoints of the community.
Donate to the Beyondcoin Project or use the services below to support us.
The Beyondcoin shop is a web shop that accepts Beyondcoin that is ran by Beyondtoshi.
The Beyondcoin Core wallet contains a full copy of the Beyondcoin blockchain and builds the backbone of the network. However, it needs a lot of disk space, high memory usage and long sync time.
Looking for more documentation? Whether you need basic information for an article or technical information for an integration process. You can reach all the necessary guides below.
Learn the details of the Beyondcoin blockchain by using the whitepaper.
Find the correct and up to date Beyondcoin banners, logos, and icons for your project.
Run your own Beyondcoin full node or Lightning Node by referring the Wiki guides.