Top 5 Codec Flow Competitors & Alternatives

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BNbitcoin (BNBTC) is the 1st 100% Proof-of-Work distributed BEP20 token on the BNB Chain. It follows a "no premine, no ICO, no airdrop" policy, and every single token is created by solving a mathematical puzzle like it happens for Bitcoin. BNbitcoin seeks to become the primary PoW-based store of value on the BNB Chain, which conversely is categorized as a "Proof-of-Staked-Authority" (PoSA) blockchain. The process of BNBTC mining in principle is similar to the Bitcoin mining but with a difference: while Bitcoin’s network security and consensus mechanism are based on the SHA-256d algorithm, BNBTC takes advantage of the Solidity-SHA3 hashing algorithm only for its distribution, being secured by the underlying network. The miner’s work is issued to the smart contract, which, every epoch, adjusts the mining difficulty based on the amount of total hashrate interacting with it to match the target blocktime. It can be mined with FPGA devices as well as with GPU-cards on both Linux and Windows.