Bit Ecological Digital (BED)

Bit Ecological Digital (BED) is a digital currency system with a POW + POS hybrid consensus algorithm mechanism. It reconstructs the consensus mechanism by continuing to use the Bitcoin SHA256 algorithm. One of the notable features of BED is its secret voting mechanism, where when PoW miners find a valid block, it must be approved by 3/4 of the PoS holders for it to be considered valid. This ensures a secure and transparent network.

The BED consensus algorithm aims to be a dynamic and unified consensus, incorporating dynamic development and competition elements. By combining PoW and PoS consensus, the BED blockchain system introduces an innovative approach to achieving consensus. Anonymous transactions are a key aspect of BED, emphasizing privacy for all users. The off-chain payment system ensures low-latency payments, minimizes on-chain transactions, reduces costs, and enhances privacy protection.

BED is dedicated to providing the public with safe and affordable financial services. To become the underlying payment system and financial infrastructure, BED aims to establish itself as a reliable and efficient digital currency for everyday transactions. Stay updated with BED’s progress and developments by subscribing to their updates through their website.