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HashBit Blockchain (HBIT) is a Java-based Blockchain, extremely light, fast and simple for any type of integration, be it applications, games, online stores but above all we are working to make it perfect for everyday use, allowing everyone to day to be able to use it quickly and easily, when buying in a store or a simple transfer of coins between two users via their smartphone.
HBIT is used through a normal browser, using all available tools, simplicity must be the basis for easy mass use, speed for practically instant transactions and the safety of each user is our priority.
HBIT is a 100% proof-of-stake cryptocurrency, constructed in open-source Java. HBIT unique proof-of-stake algorithm does not depend on any implementation of the coin age concept used by other proof-of-stake cryptocurrencies, and is resistant to so-called nothing at stake attacks. A total quantity of 50 billion available tokens were distributed in the genesis block. Curve25519 cryptography is used to provide a balance of security and required processing power, along with more commonly-used SHA256 hashing algorithms.