We are a team that is full of enthusiasm and enthusiasm that this project is a kind of dream and goal for us, in which failure and abandonment have no meaning, so that if the investors do not participate, the project will continue, but with much more time.
The current block reward is 6.25 BPA / block.The block reward is reduced by 25% every 700k blocks, starting with block 120k, which occurs every 4 years, until it reaches the maximum supply of 21 million.
A new block is minted every 3 minutes, making it more than 3.3 times faster than Bitcoin. An exponential dificulty adjustment algorithm is used which leads to more predictable and less spikey block times.
MPoS - in short - is an algorithm that aims at distributing block fees more evenly across stakers. Every staker gets 10% of the block reward in the minted block and the rest of the 90% of the reward split evenly in the next 9 blocks after the stake has matured.
It takes 500 blocks for the newly minted coins and the stake to mature. Staking can only occur once the coins are matured.
Bitcoin Pos Asia uses the 3rd version of the Proof of Stake algorithm which eliminated issues that allowed for short-range and coin-age attacks to happen.
Bitcoin Pos Asia has at its core the Bitcoin codebase, bringing with it all of its features (Segwit transactions, blocksize, etc). On top, it comes with a state of the art PoS implementation, the combination making it a leader in the crypto space.
Features and fixes are continuously developed and merged both on Bitcoin and Bitcoin Pos Asis, the development trees being kept in sync.
Having the same block size as bitcoin but at a fraction of the time, this not only makes it faster in terms of transaction confirmation, but also capable of handling more than 3 times the number of transactions.
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