© Brought to you by the Bitbar Team 2017
Status Status Links
Hashing Algorithm
Genesis Date
Block Time
Total Supply
Reward *
Difficulty Retarget
Port
RPC
* reward is re-targeted every block
Scrypt Pow/PoS
May 2, 2013
10 Minutes
500,000
see status page
1
 8777
 9344

Welcome

BitBar is a cryptocurrency designed to be extremely rare and thus hold a larger store of value per unit than conventional cryptocurrencies such as Bitcoin
Bitbar was designed to be a storage of wealth in the same way Bitcoin is, however with the addition of Proof of Stake  another level of Security was added. This   mechanism   gives   users   who   don't   have   access   to   specific   mining   hardware the   ability   secure   the   network   as   a   shareholder   by   staking,   while   generating rewards at a level of inflation to mimic the real world. Bitbar   was   not   designed   to   be   used   for   payment   of   goods   and   services   the   was Bitcoin   is   -   but   as   a   means   of   storing   your   wealth,   the   way   gold   does   for   fiat. Plus it has the added benefit of making 5% annual interest through staking!