ANN: BreadCoin - Cryptocurrency that will make you dough.
FINLAND and AUSTRALIA, JULY 25.
The dough is finally here. The IBO (Initial Bread Offering) you've been waiting for is ready to launch. Chief Pastry chef, @apsu and Oven Operator extraordinaire @holoz0r reporting, live."We're super excited about the new concept we've devised to secure the network. Blockchains can only support linear structures of data, and lack a three dimensional aspect,"Said @apsu as a fine veneer of flour settled on his black baking apparel. He continued, kneading dough while explaining more:
"We have developed the Yeast Chain, which allows for three dimensional, temporal structures in the chain, allowing breadcoin to be spent at anytime, and remain decentralised."
Baking will begin immediately for BreadCoin. You are able to mine with a variety of equipment and it is completely ASIC, GPU, CPU, and Sous Vide resistant. Chief technical officer, @holoz0r explains:
We can use unique chemical algorithms known as recipes to bake breadcoin. Our constituent ingredients are gluten, yeast, flour, and things that come in large sacks. We combine this as a slurry, knead it, and then @apsu hands it over to me. Its my job to bake and create loaves for the yeast chain.
Breadcoin is revolutionary in that it eschews the typical paradigm of a block that is commonly used in cryptocurrency. Instead, four loaves are created in each oven round, which last 1 hour. These are shared among bakers (miners) and distributed on a proof of bakery system. In any given day, a maximum of 96 loaves can be created.
If you do not have a whole loaf, you may be awarded a slice; and for small time bakers, those using the simple toaster oven or microwave, they will collect breadcrumbs, which can be amalgamated into a slice or loaf at a later date. Each loaf has 18 slices, meaning the daily supply of breadcoin slices is 1,728. The number of crumbs are infinite.
Baking of breadcoin is expected to begin along with the arrival of high volume ovens that can reach staggering temperatures of 300C.
It is anticipated that there may be a shortage of thermostats from oven manufacturers as a result of the launch of breadcoin, which has a target price of $1.
Breadcoin will be a highly liquid cryptocurrency, and the loaf size will never reduce as time goes on. There will be limited ovens available to enforce the quantity of production. Entire loaves, if not sent through the yeast chain, will accumulate mould, a "side-chain" to bread-coin; which will be a lesser desired trading pair of breadcoin.
Our vision with Breadcoin is ensure that cryptocurrency is used for something, and not just hoarded, traded on exchanges; and shorted by traders. The distributed proof of mould concept that will develop as bread is left on the counter (we don't have a wallet system) will ensure that people use their crypto and produce a thriving economy.
When bread changes hands, and is broken; it can never go mouldy.
Invest in Breadcoin Today
apparebit fermentum in farinae torque - Ancient Scholar.
I hate half baked ideas, this will never rise!
Heyyy dude, are you baked?
No.. you?
Bread. Not even once
Studies show that if you inject bread in your bloodstream even once it can kill you.
🍞 📈=💰💲💵
You are the first ones to know. Buy your new oven rigs for Breadcoin mining/baking today, so you won't feel sorry when it'll hit the big market.
Stock up on yeast, gluten, and flour today. Don't delay.
You bet, you'll see yeast prices skyrocket in a while.
sheesh, in my case I don't need any oven, I breathe fire.
Well the word is consistency. Breath of fire temps get really high and it's not good long term. You should invest in a proper oven and it'll last at least 6 months of hard core use.
Wow... very funny! I'll start mining breadcoin soon.
Mm... I have a saucier certificate but the one thing I can't do is bake. This looks yummy!
Well that's why you can always buy breadcoin instead of baking it yourself. See it as an investment ;)
Haha, excellent!
Upvoted and RESTEEMED :)
lols
Interesting concept
It is the best concept, rising all the time!
Brilliant! Prediction: Bread coin will rise rise rise to the moon!
If we use self-raising flour; there are NO LIMITS!
You'll be amazed how quick and how high bread coin will rise. Just check the future charts :)
future charts lol