
Beyondcoin (BYND)
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About Beyondcoin
Beyondcoin (BYND) is a peer-to-peer cryptocurrency offering a decentralized economy that aims to go beyond the impossible. It is more than just a cryptocurrency; it encompasses a suite of different products and services supported by an inclusive and supportive community. With its fast-growing user base, Beyondcoin has become one of the most empowering coins.
Beyondcoin is truly decentralized, as it has never been funded through an ICO or premine. There is no centralized authority controlling the Beyondcoin blockchain, as it is driven by a global community of unpaid volunteers. Using the scrypt algorithm enhances the network’s security, and Beyondcoin blocks are mined every 2.5 minutes, four times faster than Bitcoin, enabling fast and secure transactions.
The Beyondcoin blockchain operates on three layers: application/software, digital asset/public ledger, and core protocol/global network. The top layer hosts various applications and software that utilize Beyondcoin, including smart contracts on the Lightning Network. The middle layer provides security and administration through a public ledger, while the bottom layer handles communication and operating procedures. Beyondcoin is an open-source and permissionless blockchain allowing transparency and independent verification. With its ongoing development and expanding ecosystem, Beyondcoin continuously exceeds expectations.
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