Bean Cash (Ticker: BEAN) is a re-brand of the digital currency and network, previously known as BitBean (Ticker: BITB). The BitBean block chain and network began nearly 3 years ago on February 13th., 2015. It was the first 'crypto-currency' to implement a maximum of 20MB block sizes, based on Gavin Andersen's proposals to fix Bitcoin's scalability limitations. BitBean was also the first 'crypto-currency' to pioneer the use of static block rewards in a Proof of Bean (PoB) system -- which now makes energy wasting PoW (Proof of Work) systems, inefficient, expensive and archaic!
Bean Cash inherits BitBean's mature blockchain and rock-solid network, becoming one of the most super-Green digital currencies on the market today! While other blockchains continue to hardfork, roll-back transactions, and change their protocol (Bitcoin Segwit), Bean Cash has never had a hardfork or transaction roll-back. Bean Cash (formerly BitBean) had no ICO, pre-mine or swap. Blockchain integrity is one of the defining features of Bean Cash.
Bean Cash's mission is: "To be an enduring digital currency, with high integrity, a store of value and a means of exchange for every day transactions -- that stands the test of time!"
In its mission to be a transaction-centric digital currency with real-world use, one of the main goals for Bean Cash, is to solve the "last mile" issue in the digital currency space. Instrumental in achieving this objective, will be to partner and work with companies that implement Bean Cash at the Point of Sale/Service. Bean Cash builds on the original Bitcoin protocol, which is turing complete and has the capability to handle 'Smart Contracts'. To realize this potential, Bean Core will be working to fix and re-enable the dormant Op-codes in its protocol. With the original Bitcoin Op-codes restored, along with new ones added, it will be possible to build a higher level language and environment on-top, allowing Bean Cash to reach a wider market of developers and adoption.
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