BitBay
Last updated | just now |
Price per BAY in USD | $ |
Price per BAY in Bitcoin | |
Volume over the last 24 hours | $ 0 |
Market cap in USD | $ 0 |
Change in % over the last hour | |
Change in % over the last 24 hours | |
Change in % over the last 7 days | |
Block chain updated | 1 day ago |
Block height | 4838889 |
Difficulty | 14007196.006879 |
Current supply | 1078254213.8331 |
BAY specifications
Name | BitBay |
Symbol | BAY |
Minable | No |
Algorithm | PoS |
Prooftype | PoS |
Block explorer | BAY block explorer |
Coin description
BitBay is a decentralized marketplace and cryptocurrency designed to facilitate peer-to-peer transactions without intermediaries. It operates on a proof-of-stake (PoS) consensus mechanism, allowing users to stake their BAY tokens to validate transactions and secure the network. BitBay emphasizes privacy, security, and usability.
BitBay Decentralized Marketplace Features
BitBay's platform supports features like smart contracts, escrow services, and double-deposit trustless trading, ensuring secure and transparent transactions. Its decentralized nature eliminates reliance on centralized authorities, fostering trust and collaboration among users. For example, merchants can sell goods and services directly to buyers without worrying about fraud or high fees.
One of BitBay's goals is to empower individuals by providing tools for censorship-resistant commerce. By promoting ethical practices, it fosters a fairer and more inclusive economy. Keywords like BitBay decentralized marketplace and PoS rewards are closely tied to this project.