BHN Core is an open source cryptocurrency focused on providing coin holders with 5 unique rewards programs. As a modified fork of PIVX, BHN has a keen focus on environmental sustainability and transaction privacy. By implementing Proof of Stake protocol only, BHN reduces its carbon footprint and by decreasing block rewards over time, hyperinflation is curbed. In addition, the total coin supply of BHN is low and fixed at 25,000,000.
Having 5 reward programs that are implemented at progressing milestones is deliberate, so that those who secure and speed the network through holding are rewarded over time. Since POW is not implemented, and the rewards reduce in amount over time, the life cycle of the coin is increased and hyperinflation is reduced. This is critical for future implementation in its real world applications.
The BHN Team has currently begun work on the design and implementation of a proprietary loyalty rewards program wallet and for real world affiliates and their points programs along with a MasterPool for BHN Core. Users will be able to login to the mobile or web version of this loyalty program management wallet (separate from their BHN Core staking wallets) and manage all of their loyalty programs in one simple interface.
Users will also be able to exchange points and miles between real-world affiliate reward programs and BHN Core through the proprietary BHN MasterExchange. Redemption for shopping and gift cards will be just as simple. They will be able to park real world loyalty program points or miles in the BHN MasterPool, a proprietary staking pool, to prevent said points from expiring. While storing coins in the BHN MasterPool, users will earn BHN Rewards based off of their network weight.
This real world implementation, yet to be named, will accessible by not only large retailers and companies, but small businesses as well. A custom API will be created to allow businesses globally to create and connect to their loyalty program to the BHN loyalty rewards program wallet and exchange.
Join our growing Official Discord Server to speak directly with the team: https://discord.gg/tCzJs5G
| Algorithm | BHN Protocol (Modified Version of Quark) |
| Mining | Proof of Stake |
| Block Time | 90 Seconds |
| Total Coin Supply | 40,000,000 BHN |
| Premine | 1,500,000 BHN |
| Masternode | 5,000 BHN |
| Block Rewards | 80% Masternodes/ 10% POS/ 10% BHN FUND |
| Maturity | 30 Minutes |
| Max Supply | 82+ Years |
| Blocks | Block Rewards | Days |
|---|---|---|
| 2 - 9600 | 40 BHN | 40 |
| 9601 - 38400 | 30 BHN | 28 |
| 38401 - 200,000 | 20 BHN | 104 |
| 100,000 - 1,100,000 | 10 BHN | 1,388 |
Note: Rewards halve every 1,000,000 blocks per 1,388 days until max supply is reached (100+ years).