Bitcoin, as a peer-to-peer electronic cash system, started a revolution in 2008. Her revolution started with the most basic value measurement and value storage of human society, overturning the existing economic system and financial system, and starting the journey of building a more open, fair, transparent and efficient value Internet.
On the basis of the Bitcoin core-PoW consensus algorithm, subsequently amateurs and professionals have made explosive research progress, and the competition between all parties has promoted the prosperity of the encrypted digital industry.
We propose Bit Ecological Digital Asset ("BED"), which uses a hybrid consensus algorithm of Proof of Work (PoW) and Proof of Stake (PoS) to ensure the security and fairness of the blockchain network, At the same time, anonymity technology development and off-chain transaction system development have been added to protect user transaction privacy and meet large-scale commercial micropayment needs.
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