The Value of BHP
BHP provides a series of emerging decentralized banking services that include computing-based mining and supply operations, payment transactions, reinvestment of assets, mortgage lending, betting, asset replacement and others. The corresponding high-quality properties and infrastructure of BHP are as follows:
1. Asset value of hash power
BHP’s token represents a significant asset to the bitcoin world — hash power. BHPC is a kind of asset whose credit endorsement is hash power. BHPC has real trading, investment value. From the beginning of the ICO to the future of every count of the
newborn bank cash, all of them are guaranteed by hash power with real value.
2. High efficiency and low cost
Hash power cash adopts PoP (Proof of power) instead of PoW (Proof of work) which is used by the first generation of visual coin so as to witness the bank’s payment transactions via hash power of the mine. At the same time, through the use of Proof of Stake mechanism to manage all financial activities of BHP, effective witness and efficient financial services are ensured.
The basic principle of PoP: At the bottom layer, the mines use the PoW infrastructure to get a series of digital currencies, represented by bitcoin. Holders of BHPC need to hold BHPC to witness the transactions that are running on the BHP infrastructure while valuable digital currencies from the bottom layer mining are rewarded to users through smart contract repo. This method has shielded the underlying details of PoW, established a more efficient consensus mechanism that enables millions of high- concurrency. Therefore, BHP can support all kinds of large-scale, high-concurrency, decentralized financial system.
3. A wide range of application value
As a general-purpose asset issuance, trading, application platform, the payment system of BHP can be a wide range of access. Any platform that can be used to decentralize payment systems can use BHP as a payment system for transactions. BHP contains a complete system of financial products. Users can use all the assets stored in the BHP to conduct digital monetary and financial activities on block chain in order to continuously add value to their assets or to complete various types of commercial operations.
4. Open and expandable value
BHP is firstly based on the hash power of the mine. It naturally has the ability to accept the hash power from the outside world. With the increasing of hash power, the more transaction rate grows faster and faster. It will outperform all existing cryptocurrency transactions on a developmental basis. The more transactions BHP can handle and the faster it can handle the more global transactional payment needs it will meet. Thus it will inevitably attract more hash power to become a value guarantee and establish a virtuous development cycle.
At the same time, BHP also has great business scalability, and will continue to explore new services in such areas as reinvestment of assets, mortgages, betting and asset swap contracts. One of BHP’s development goals is to continually develop new products in the field of cryptocurrency finance.
5. A type of cryptocurrency contains “securities” — BHPC
BHPC itself no longer uses the PoW mining form, but via the form of “hash power”, it introduced the concept called virtual mining so as to ensure the stability of the network and the speed of the transaction. So the bank charges very low and can
guarantee ultra-high concurrency per second (million or more), to meet the needs of other scenarios such as cross-border transactions.
At the same time BHPC is also a typical “securities”, the holders can not only gain the hash power to get bitcoin, but also get the bonus of the development of the mine and community. The hash power represented by each unit of BHPC increases with the development of the mine, and the actual value of BHPC increases with the growth of trading volume (BHPC is sufficient to meet the demand) and the gradual expansion of the community’s hash power.
6. BHP solves the practical problems of the mine, connects the channel between the mine and the users, so that more people can directly participate in the expansion of hash power. The service provided by the BHP enables more ordinary people to enter the cryptocurrency world in a more convenient and lower-threshold way so that more people can participate in the global cryptocurrency financial system and get the profit return of new financial services with a small investment. Every user has his own full autonomy in the selection and management of the bank. So a truly decentralized and trust-worthy financial service platform of the bank is established.
7. Ease of use
BHP will provide a more convenient network access of block chain. And the user interface will be more humane. From account registration to trading, financial services, we will provide a convenient enough interface so the users can register their own unique identification number and identification code in a decentralized way. It will be more simple, convenient and safe for the users to transfer, trade and pay. BHP is committed to providing a more convenient user interface, so that the bank will have a more extensive user base.
Learn more: www.bhp.finance
$BHPC ICO starts on Feb25th 2018,visit www.bhbcash.io
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