When will Biyuan Chain mine (can Biyuan Chain increase to 600 in the future)
When is Biyuan Chain mining? What is Biyuan Chain
On November 18, 2017, Satoshi Nakamoto released a blockchain technology solution called “POW Chain” on the Bitcoin white paper. Under the PoS mechanism, miners will receive the right to dig coins and keep accounts; At the same time, due to issues such as imprecise design and low efficiency of consensus algorithms, early participants were unable to continuously obtain profits, ultimately leading to network attacks. Through this approach, the Pow protocol has a higher degree of decentralization and security advantages Biyuan is a public chain based on the DPoS consensus mechanism and is also an open source project jointly developed and maintained by numerous crypto asset enthusiasts. According to official reports, there are currently over 100000 registered users and over 1 million node addresses in Biyuan. According to the official website information, the top ten public chains currently ranked by market value include NEO (BTM), IRISnet (IOTA), and NEO (NEM). The testing network was originally planned to be launched in the third quarter of 2018, and the public beta phase was officially launched after the main network was launched in the fourth quarter of 2019
Can it rise to 600 more than the original chain in the future
According to the statement made by Micree Zhan, the founder of the original chain, in the media, he said that he had sold about half of the tokens to investors. And the Biyuan team also publicly responded, “If we look at the current situation, I personally think the price of Biyuan may still rise to $600.” However, at the same time, Wu said that blockchain is also reporting that Biyuan can rise to 6000 in the future? Can we still buy some more mining machines? At present, compared with the original chain, it is in the testing network stage, the mining cycle is very short (November 2018), and the Uptime of the main network has not been determined, which is adverse to the entire industry. (Planet Daily)
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