Bitconch

The world's only high-performance blockchain up to 120,000 TPS

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Economic Model

        All 50Billion BUS tokens will be generated without mining. 20% of these will serve as the initial reward pool for the PoR consensus. All of the nodes will have the same opportunity to be selected in the process of verification, and subsequently receive a reward.


        In addition to the 10Billion BUS, the reward pool will be continuously replenished through the business which exist in the ecosystem through means of trading commissions, application development costs, promotional revenue, etc. The sustainable reward pool maintains the enthusiasm of the nodes and contributes to the healthy maturation of the ecosystem.

      

        The Bitconch chain consists of full nodes and light nodes - users can choose which is more suitable for them based on their equipment and interests. The full and light nodes will share the system rewards in a 3:2 ratio.



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