Introducing HashBit, a revolutionary cryptocurrency project that operates on a 100% proof-of-authority basis. The project is built on an open-source EVM Compatible Chain and boasts a total of 50 billion tokens distributed in the genesis block. With blocks generated approximately every 5 seconds by Validators, HashBit promises a robust and steady flow of crypto transactions.
Operating Model
The HashBit blockchain, tagged as HBIT, operates on a proof-of-authority model which means all transactions are deemed safe after 10 block confirmations. The full coin supply already exists, thus making the model efficient and secure for all participants. Furthermore, the current architecture and block size cap of HBIT allows for the processing of up to 100,000 Transactions Per Second (TPS), which is an impressive feat in the crypto sphere.
Light, Fast, and Simple
One of the key selling points of HashBit is its light, fast, and simple integration process. Regardless of the type of platform - applications, games, online stores, etc. - HashBit provides a streamlined process for integration. This ease of use extends beyond just the technical aspects, as HashBit is also designed for everyday use. Whether it's buying at a store or transferring coins between users, HashBit ensures a quick and easy transaction process.
Conclusion
HashBit represents a major stride in the world of cryptocurrencies. With its proof-of-authority model, unmatched speed, and easy integration process, it provides a full-package solution for both tech-savvy and everyday users alike. HashBit is primed to usher in a new era of cryptocurrency use, setting a new standard for crypto transactions.
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