BHD is a new crypto currency based on the CPoC(Conditioned Proof of Capacity) mechanism. By using hard disk as a consensus participant, it can significantly lower energy consumption and entry barrier, making mining of crypto currency safer, more decentralized and for everyone. BHD generates its unique value through mathematics and code. Tis White Paper will explain and elaborate on the monetary and technical attributes of BHD.
* BHD is a new type of crypto currency based on Proof of Capacity.
* BHD uses an upgraded version of cPOC mining (Conditioned Proof of Capacity), with a perfect economic model and consensus algorithm.
* BHD uses hard disk as the participant of consensus, which reduces power consumption.
* BHD mining lowers the entry barriers, and makes the coin generation process more decentralized, secure and reliable.
* Compared with POW mining, cPOC mining saves energy, consumes much less power, has lower noise, no heat, and is anti-ASIC. cPOC-mining-based BHD can realize the original intention of Satoshi Nakamoto —- everyone can become a miner.
* Lowered the cost of credit, increased the strength and breadth of consensus, and improved the security of the consensus architecture