HBIT use a pure proof-of-stake consensus protocol. Reliable and energy efficient, with minimal hardware requirements, the ingenious HBIT proof-of-stake algorithm has passed the test of time, with no successful attacks in practice since its launch in May 2021.
The HBIT Blockchain software is designed as a universal framework for the ongoing distributed ledger technology transformation. Its simple but flexible architecture makes blockchain adoption easy, and can be extended to fit any public or private use case.
HBIT have a user-friendly and yet fully decentralized asset exchange. Anyone can issue and trade tokens on top of HBIT, and orders are matched and executed directly on the blockchain itself.
The HBIT blockchain has been live in production SINCE mAY 2021 with virtually no downtime, no major bugs, and no successful exploits. Millions of HBIT transactions have been conducted reliably, establishing its reputation as one of the most secure platforms in the blockchain industry.
HBIT was the first blockchain to launch a user-friendly and fully decentralized Asset Exchange. Anyone can issue a token (asset) on top of the HBIT blockchain, which can represent a crowdfunding token, company shares, or indeed anything the issuer intends. Assets can be transferred or traded between accounts, with the buy and sell orders matched on-chain. Issuers can pay dividends to the asset holders, and votings can be set up based on number of asset shares held. A special type of non-fungible assets are the so-called singleton assets, which can represent a unique physical or digital object.
The HBIT Voting System allows anyone to set up a poll, on any topic they wish, with a configurable number of single or multiple choice options. The results of a poll can be evaluated based on a variety of voting models - by account, by balance, by asset shares, etc, and are presented graphically after the poll ends. Voting on the blockchain ensures transparency and permanent immutability of the results. While voting is public by default, advanced HBIT features such as controllable monetary system currencies and coin shuffling can be used to improve the privacy of the voters.
The Data Cloud feature enables HBIT users to upload small amounts of data - documents, text files, images, torrent files, etc, to the blockchain. Such data can be tagged with keywords and classified in channels, making it easy to search and retrieve. While most nodes by default prune the cloud data after some time, dedicated archival nodes are used to permanently store it, allowing any piece of data to be retrieved whenever needed, with a cryptographic proof that it hasn't been tampered with.
The HBIT Marketplace is an open and fully decentralized store for any digital or physical goods. Users can list for sale any items, with pictures, priced in HBIT. The Marketplace is searchable and browseable based on the keywords the goods are tagged with. After purchase, the buyers can leave a public review for the sellers, or communicate with them privately and securely via encrypted messages.
Any type of transaction on HBIT can optionally have a message attachment. It can be text or binary, plain or encrypted. Messages can be used to indicate the purpose of the transaction, referring to an invoice or account number, or just contain any information useful for the sender or recipient. When a message is sent encrypted, a unique encryption key is used for every new message, allowing its content to be safely revealed to a third party if needed.
The HBIT Alias System can be used to define mapping of globally unique names ("aliases") to arbitrary strings or pieces of data, implementing a decentralized on-blockchain naming system. Much like the DNS, such aliases can be used to map a domain name to IP address, hold the current value of some important publicly announced data (e.g. the latest HBIT release checksum), or simply be used as an easy-to-remember nickname for the account that owns the alias.
Discover major development milestones of the HashBit blockchain.
The Blockchain processes the Genesis Block on May 1, 2021 and initiates transactions.
Trading begins on Finexbox.com, Bankcex.com and some features are implemented.
The Decentralized Forum and Android and Web applications are launched.
The development team launches the new Portfolio, and updates the Official website, and continues the development of applications that work on the Blockchain.
Getting started to use HashBit is even easier than sending an SMS. You can send and receive HashBits using the devices you already know and love. All you need is sign in HashBit wallet then click scan, scan the QR code and send HashBit. As easy as 1..2..3.
HashBit transactions are confirmed in approx. 30 seconds, which is 30 times faster than Bitcoin and 10 times faster than Litecoin. With virtually no limit to the number of transactions that can be processed, and the creation of blocks that decreases to a few seconds in the event of pending transactions and negligible fees make HashBit the ideal currency for daily payments.
After more than 1 year, with the http API and DDOS protection, making transactions on the Blockchain is 100% safe, the Passphrase is your Private Key, keep it safe and your wallet will always be protected.
HashBit is a 100% Proof of Stake (PoS) blockchain but the distribution is done through mining, where anyone, without buying hardware and limited to one miner per wallet, can do, without restrictions. The developers have decided to distribute the 50 billion HBIT over time.
Compared to 21 million Bitcoin, 50 billion HashBit have been designed to be ready for mass adoption. HashBit blockchain does not have block rewards just will rely on transaction fees alone.
All exchanges and services that support HashBit can be found here.
Launched in Oct 2018, Finexbox is a centralized exchange that is based in Hong Kong. Finexbox describes itself as a full-featured spot trading platform for digital assets. Finexbox offers leveraged margin trading through a peer-to-peer funding market, allowing users to trade with up to 3.3x leverage.
Since 2018, Dex-Trade is a centralized crypto exchange based in United Kingdom. Dex-Trade describes itself as a cryptocurrency trading platform with low commissions. It offers a host of order types to help traders manage different scenarios. Dex-Trade aims to provide a secure, reliable, and stable environment for digital assets trading through its mobile application and web interface.
BankCEX is a good and fast Exchange, List HBIT with 4 Trading Pairs.
HashBit CEX is a Easy and Faster Exchange managed by HBIT Developers, Secure is a top Exchange where to Buy HBIT faster!
The exchanges introduced here or on CoinPaprika are for informational purposes only and they are not affiliated with the HashBit community. Any exchangecan list HashBit without permission. Please always do your own research before using them, then store your HBIT on a personal wallet.
Assets can be used to securely represent anything we find in the physical world. From tangible assets such as real estate or cars, through to scarce digital pieces of art. Signed documents such as deeds and medical bills can be protected.
Assets as an ecosystem and platform already has interested parties either planning on or currently building platforms in real estate, finance, remittance, identity, point of sale, racing, trade, healthcare, supply chain, government and more.
Assets leverages unique aspects of a truly decentralized blockchain only found within a permissionless blockchain like HashBit. This allows Assets to be more secure, scalable and decentralized than any other platform in the market.
Discover the http-API Assets protocol specifications for detailed information about issuing and transacting digital assets on top of the HashBit Blockchain. Assets http-API on Official HBIT Node.
Not a developer? Definitely not a problem! Anyone can easily issue a Asset by using one of the tools available without having technical knowledge about the protocol. Assets supported services.
Do you need more assistance about Assets? Please feel free to join the HashBit Developers group on Telegram to ask your questions or share your ideas. HashBit Developers on Telegram.
Interact with the wallet via the Passphrase, directly from the browser in complete safety and simplicity, Using a Blockchain has never been easier.
Use the HBIT software on your PC and interact from there, security becomes incomparable, since you run an HBIT node, use your Wallet from the browser without sending data over the internet.
Using the Features of the Blockchain are totally free thanks to the http-API, use one of the official nodes or activate one on your service, the transactions are the lowest on the market of the Blockchains, an average transaction is estimated at 0.00000001 $
Discover Features supported services to experience seamless blockchain.
Fully functional Discussion board powered by HBIT Blockchain messenger system.
Reward your favourite creators hard work. The best platform where content creators meet their audience.
HashBit Core contains a full copy of the blockchain and builds the backbone of the network. It uses few resources and little disk space, and is the safest and fastest way..
Looking for more documentation? Whether you need basic information for an article or technical information for an integration process. You can reach all the necessary guides below.
Learn the important facts about the HashBit blockchain by the white paper quickly.
Integrate the HashBit blockchain into your exchange, wallet or service easily.
Integrate the HashBit blockchain into your Website easily.