Acquiring BDCC Coin
To participate in BDCC staking, you first need to acquire BDCC Coins. These Coins can typically be obtained through cryptocurrency exchanges or various other methods, depending on the blockchain platform that hosts BDCC.
BDCC STAKING
BDCC staking is a process by which individuals lock up a certain amount of BDCC coin in a wallet or a smart contract to support the operations of the BDCC blockchain network. In return for staking their coin, participants receive rewards in the form of additional BDCC tokens. This system incentivizes users to hold and secure the network while participating in the decision-making process.
BDCC STAKING
BDCC staking is a process by which individuals lock up a certain amount of BDCC coin in a wallet or a smart contract to support the operations of the BDCC blockchain network. In return for staking their coin, participants receive rewards in the form of additional BDCC tokens. This system incentivizes users to hold and secure the network while participating in the decision-making process.
How BDCC Staking Works?
BDCC staking is a process by which individuals lock up a certain amount of BDCC tokens in a wallet or a smart contract to support the operations of the BDCC blockchain network.
Setting Up a Wallet
You'll need a compatible wallet to store your BDCC Coins. Ensure that your wallet supports staking or provides the necessary functionality for it.
Staking BDCC Coins
After acquiring BDCC Coins, you can stake them by sending them to a specific staking address or locking them in a smart contract. The Coins are then held as collateral to support the network.
Earning Rewards
By staking your BDCC Coins, you become eligible to earn rewards. These rewards are typically distributed regularly and can consist of additional BDCC Coins. The more Coins you stake, the higher your potential rewards.
Network Security
Staking BDCC Coins contributes to the security and decentralization of the BDCC blockchain. This is vital for maintaining the integrity of the network and preventing malicious attacks.
Scalability
DPoS allows Bitica to scale efficiently, as the network is not congested with computational work like PoW-based systems.
BDCC Coin Allocation
Bitica is a blockchain-based cryptocurrency that operates on a unique and transparent tokenomics model designed to foster a secure and decentralized ecosystem. Bitica's tokenomics can be broken down into several key components.
BDCC Coin Total Supply
: 18,000,000,000
BDCC Coin Circulating Supply
: 9,000,000,000
- 20%Founder
- 18% Staking Bonus
- 22%Liquidity Market Making Fund
- 7.5%Future Investor
- 7.5%Gaming, Sports, E-commerce, NFT
- 5%Bitica Cricket Team
- 4%Cex launch pad reserve
- 3%Metaverse Partnership
- 3%Artificial Intelligence Partnership
- 2%Charity
- 2%Employee
- 2%Cex,Dex, Listing
- 1%Ecosystem
- 1%Advisor/Partner
- 1%Airdrop
- 1%Marketing
Bitica Blockchain Bitica Blockchain
BITICA ON POPULAR CRYPTO TRACKER
BDCC LISTED EXCHANGES
COMING SOON ON OTHER POPULAR EXCHANGES
Frequently Asked Questions
Bitica's DPoS blockchain is a decentralized blockchain platform that employs a Delegated Proof-of-Stake consensus mechanism. It offers a secure and efficient way to validate and record transactions on the blockchain.
DPoS, or Delegated Proof-of-Stake, is a consensus mechanism in which a fixed number of delegates are elected by token holders to validate transactions and secure the network. It aims to achieve both decentralization and scalability.
DPoS differs from other mechanisms like Proof-of-Work (PoW) and Proof-of-Stake (PoS) by relying on a smaller group of elected delegates to validate transactions instead of all network participants. This increases transaction throughput and reduces energy consumption.
To become a delegate on Bitica's DPoS blockchain, a candidate typically needs to be nominated and voted for by token holders in the network. The top vote-getters become active delegates responsible for validating transactions.
DPoS offers faster transaction confirmation times, increased scalability, and energy efficiency compared to PoW. It also allows token holders to participate in network governance by voting for delegates.
Security in a DPoS blockchain is maintained through the reputation and integrity of elected delegates. Delegates have a vested interest in preserving the network's security, as any malicious activity could result in the loss of trust and votes from token holders.
If a delegate on Bitica's DPoS blockchain misbehaves or becomes inactive, they may lose votes and reputation, potentially leading to their removal from the active delegate list. This process helps maintain network integrity.