Emergency Message

If you are running a Bean Cash full node (A Sprouting node), you need to upgrade to v1.3.1 as there has been a consensus change that requires all active full nodes to upgrade. If you need assistance with upgrading your node, join the community via our Live Chat platform: https://live.beancash.org

Bean Cash 전체 노드(Sprouting 노드)를 실행 중인 경우 모든 활성 전체 노드를 업그레이드해야 하는 합의 변경이 있으므로 v1.3.1로 업그레이드해야 합니다. 노드를 업그레이드하는 데 도움이 필요하면 라이브 채팅 플랫폼(https://live.beancash.org)을 통해 커뮤니티에 가입하세요. Bean Cash jeonche nodeu(Sprouting nodeu)leul silhaeng jung-in gyeong-u modeun hwalseong jeonche nodeuleul eobgeuleideuhaeya haneun hab-ui byeongyeong-i iss-eumeulo v1.3.1lo eobgeuleideuhaeya habnida. nodeuleul eobgeuleideuhaneun de doum-i pil-yohamyeon laibeu chaeting peullaespom(https://live.beancash.org)eul tonghae keomyunitie gaibhaseyo.

Wenn Sie einen Bean Cash Full Node (A Sprouting Node) betreiben, müssen Sie auf v1.3.1 aktualisieren, da es eine Konsensänderung gab, die ein Upgrade aller aktiven Full Nodes erfordert. Wenn Sie Hilfe beim Upgrade Ihres Knotens benötigen, treten Sie der Community über unsere Live-Chat-Plattform bei: https://live.beancash.org

What is Bean Cash?

Bean Cash (Ticker: BITB) is a re-brand of the digital currency and network, previously known as "BitBean". The "BitBean" blockchain and network began on February 13th., 2015. In 2018 a private company (unrelated to the crypto currency previously known as "BitBean") began using US Trademark authority to usurp the "BitBean" name for it's own use. Pre-empting this action, in late 2017, it was decided by Bean Core to rebrand to Bean Cash to avoid unecessary conflicts. It was the first 'crypto-currency' to implement a maximum of 20MB block sizes, based on Gavin Andersen's proposals to fix Bitcoin's scalability limitations. BitBean was also the first 'cryptocurrency' to pioneer the use of static block rewards in a Proof of Bean (PoB) system -- which now makes energy wasting PoW (Proof of Work) systems, inefficient, and expensive!

Bean Cash inherits BitBean's mature blockchain and rock-solid network, becoming one of the most super-green digital currencies available today! While other blockchains continue to hardfork, roll-back transactions, and change their protocol (BTC Bitcoin-Segwit), Bean Cash has never had a hardfork or transaction roll-back. Bean Cash (formerly known as "BitBean the Cryptocurrency") had no ICO, pre-mine or swap. Blockchain integrity is one of the defining features of Bean Cash.

Mission: To be an enduring digital currency, with high integrity, a store of value and a means of exchange for every day transactions -- that stands the test of time!

Why Bean Cash?

Bigger & Faster - How Does That Benefit Me?
Transactions on the Bean Cash Network are sent within 0-3 seconds! With a maximum block size of 20MB and a 60 second target block time, Bean Cash enables near real-time confirmation of transactions in blocks. A single confirmation can take as little as 20 seconds to become confirmed. Within a minute or less, Bean Cash verifies, validates and settles transactions in near real-time!

With Bean Cash, merchants have zero counter-party risk and no charge-backs! This provides real value to the market, by improving on the charge-back prone, lengthy settlement times, and expensive fees associated with credit cards.

Bean Cash Transactions Are Very Cheap
Bean Cash transactions can be as low as a fraction of a cent or .01 BITB (or even as low as 1/1000 of a cent in $USD)! By comparison, transactions on the BTC (Bitcoin) network can range from a few (USD) Dollars to sometimes over $60!

Innovative PoB (Proof of Bean) Technology
An incentive is provided to consumers and merchants who hold BITB and participate with the network, in a process called SPROUTING. SPROUTING is a process where transactions are verified, sent out on the network, and built into immutable (data that doesn't change) blocks via a public ledger. By participating in SPROUTING and providing computing resources to the network, users can earn 1,000 BITB (1 whole BEAN) for each new block their node builds and signs. This provides an opportunity for users of the network to earn rewards from actively holding their Beans. An average return of 2% per month or 30% per year can be earned, depending on current difficulty. For merchants, this provides greater value than simply selling their BEANs on the market, thus encouraging adoption. Merchants can then offer their SPROUTED BEAN to their loyal customers as a reward.

This system, known as PoB (Proof-of-Bean) replaces expensive PoW (Proof-of-Work systems often require lots of electrictiy and expensive hardware that goes out of date rapidly.), by securing the blockchain, using holdings of virtual beans instead of lots of energy wasting hash power! PoB provides the basis for a real proof-of-work system, since philosophically speaking, money is a a form of of proof-of-work in the past, and thus should be able to substitute proof-of-work all by itself.

What Problem is Bean Cash Solving?
In its mission to be a transaction-centric digital currency with real-world use, one of the main goals for Bean Cash is to build on the original Bitcoin protocol. The Bean Cash network is very green and doesn't require the electricty of an entire country to operate. Beans are vegetarian! Bean Cash improves the economic model, providing an incentive model that maintains a strong network of full nodes around the world (more full nodes than the Bitcoin network)! Bean Cash also improves on the transaction speed enabling transactions at the Bean of Light! Bean Cash transactions are cheap and won't cost you, your arm and leg to send. Bean Cash is an affordable Digital Currancy for all of humanity, not just the top 1%. Finally, Beans are fun!

Proof of Resource (POREs)
Bean Cash is more than Digital Cash! In addition to PoB, Bean Core is actively developing a new technology, called Proof of Resource (POREs). This technology when fully developed, will allow Bean Cash Core nodes to earn additional BEANs by sharing computing resources with the network, creating a distributed cloud computer (Without the Gas issues, like in other cryptos. But be forewarned, if you eat too many beans..you will get gas!) POREs will work with the SAFE network and use it as a data store. POREs is projected to be implemented as a second tier service on top of v2.X Core branch in 2022, utilizing Smart Contracts.

Bean Cash - An Extension of Satoshi's Vision
Bean Cash builds upon Satoshi's vision for a "Peer-to-Peer Electronic Cash System", as laid out in the Bitcoin Whitepaper. When studying the history of Satoshi and Bitcoin, we can discover that it was always Satoshi's intention to lift the block size limit above 1MB in order to scale on-chain as needed -- to meet the demands of adoption. In keeping with Satoshi's vision, BitBean started over 6 years ago already with 20MB maximum block sizes. This is 20 times bigger than Bitcoin Segwit's (Ticker: BTC) maximum block size. Combined with a target block time of 60 seconds, Bean Cash is on course to soon handle over 1,300 transactions per second - far exceeding Bitcoin's 3-7 transactions per second, and compete with payment systems such as Paypal, VISA and Mastercard!

DevCore Current Sprint

Road Map
  • Milestones

    *v2.2 Extensions for DDEX cross-chain atomic trades (Decentralized and Distributed Embedded Exchange)

    July 2022

  • Milestones

    * v2.1 PORES Extensions Released (enabling distributed & decentralized cloud computing)

    * Black Beans Enabled (Untrackable Beans)

    * Integrations with SAFE Network

    April 2022

  • Milestones

    * v2.x Whitepaper Released (Project Aurora)

    * v2.0 Core Release

    * New Class of BEAN

    January 2022

  • Milestones

    Continued development of v2.x (No Releases)

    Nov. - Dec. 2021

  • Milestones

    * New Exchange Listing (TBA)

    * Continued work on v2.x (No Releases)

    * Point of Sale Solutions

    October 2021

  • Milestones

    * v1.5RC Core Release (Hard Fork, anonymity, stealth transactions, unbound blocks, restored Op-Codes, preperations for migration to v2.x)

    * Implement SNFM (Secure Node Fast Messaging)

    * Last Major v1.x Release

    * Reach 1,300+ Transactions Per Second

    * Bean Cash Lands on the Moon

    * Blows BTC Out of the Water

    September 2021

  • Milestones

    * New DNS Seeder Servers (From 3 to 6)

    August 2021

  • Milestones

    * v1.4RC Core Release (more updates, new features, fixes and redesigned GUI)

    * Updated Websites (failover domain: beancash.is)

    * Web Wallet

    * Official Self-hosted Block Explorer

    July 2021

  • Milestones

    * New IOS (iPhone) Light Wallet

    * New Exchange Listing (TBA)

    * Expanded Inventory on Bean Store (1,000+ items)

    * 2021 Limited Issue, Bean Cash Cards (1,000 , 5,000 , 10,000 BITB embedded with real silver)

    June 2021

  • Milestones

    * New Electrum Network (new software using Rust)

    * Updated v1.3 Android Light Wallet (Google Playstore)

    * Desktop Light Wallets (Linux, Windows, & Mac)

    * Mac v1.3RC Build (Sierra & High Sierra)

    * New Exchange (relist)

    * Live Community Conference (TBA)

    * Bitbeaner buys up all the cheap BITB and becomes a Beanionair!

    May 2021

  • Milestones

    * v1.3RC Core Release (Largest update to-date, fixes, performance improvements and new features.)

    * Updated DNS Seeder Software

    * New Exchange (TBA)

    * Bean Store Launch (eCommerce Store for BITB)

    * Bean Cash Reborn, Brings FUN Back into Crypto!

    April 2021