BMB Price

BMB is a cryptocurrency that underwent a hard fork from Bitcoin's 10th-anniversary ledger in 2019. It aims to create a decentralized compute capital market on the Solana blockchain, transforming computing resources into tradable assets. Key features of BMB include: - Maximum supply of 1B BMB - Current circulating supply of 196.66M BMB - Proof-of-work consensus mechanism - No founder holdings - Intuitive paper wallet system - Self-custody with rewards - Ecosystem powered by public goods BMB tokens are directly tied to network activity, with workloads generating on-chain revenue shared among suppliers, the protocol, and stakers. The project aims to provide a decentralized alternative to centralized cloud computing services, potentially tapping into a $1 trillion market. As of 2026-02-02, BMB is trading at $0.005409 with a 24-hour trading volume of $13.52K and a market cap of $1.06M.

BMB was created on January 2, 2019. This cryptocurrency was launched as a hard fork of Bitcoin's blockchain at block 556,759, which coincided with Bitcoin's 10th anniversary. BMB aims to build upon Bitcoin's foundation while introducing new features and monetary experiments. Since its inception, BMB has been developing its ecosystem and gaining traction in the cryptocurrency space.

The founder of BMB is Oh TaeMin, also known as the 'Bitcoin sage of Korea'. He is a prominent expert in cryptocurrency, dedicated to sharing his knowledge and insights about blockchain technology and digital assets. Oh TaeMin established BMB as a proof-of-work cryptocurrency that underwent a hard fork from Bitcoin's 10th-anniversary ledger at block 556,759. The project aims to create a new monetary experiment by 'awakening dormant Bitcoin' and transforming compute resources into a tradable asset class on the Solana blockchain.

BMB operates on a proof-of-work consensus mechanism, having undergone a hard fork from Bitcoin's ledger at block 556,759. The network is designed with sound monetary principles, featuring a maximum supply of 1B BMB BMB and no founder holdings. Key aspects of BMB's functionality include: 1. Decentralized mining: Miners secure the network and process transactions. 2. Self-custody rewards: Users can earn rewards by holding their own coins. 3. Paper wallet system: An intuitive system for secure offline storage. 4. Public goods funding: A portion of block rewards supports ecosystem development. 5. Community governance: Decisions are guided by multiple committees, including the Public Goods Oversight Committee and Mobick Council. 6. Ecosystem projects: Various initiatives like 'The Whale Hunting' and corporate blockchain solutions are being developed. The BMB token is central to network operations, used for transactions, rewards, and governance. With a current price of $0.005409 and a market cap of $1.06M, BMB aims to provide an alternative to centralized computing services, potentially tapping into a trillion-dollar market.

BMB utilizes a proof-of-work consensus mechanism and was created as a hard fork of Bitcoin at block 556,759. Its technical architecture includes: 1. Blockchain: Built on a modified Bitcoin codebase with improvements for scalability and efficiency. 2. Mining algorithm: Uses SHA-256 for mining, similar to Bitcoin. 3. Block time: Targets a 10-minute block time. 4. Block size: Increased block size compared to Bitcoin for higher transaction throughput. 5. Supply: Maximum supply capped at 1B BMB BMB. 6. Smart contracts: Limited smart contract functionality on the base layer. 7. Nodes: Decentralized network of over 100 nodes for transaction validation and network security. 8. Paper wallet system: Incorporates an intuitive paper wallet system for enhanced security and self-custody. 9. Public goods funding: Portion of block rewards allocated to fund ecosystem development and public goods. 10. Governance: Utilizes a multi-stakeholder governance model including a Public Goods Oversight Committee, Human Resources Committee, and Mobick Council. The BMB network aims to provide a decentralized alternative to centralized compute services while maintaining Bitcoin's core principles of sound money and censorship resistance.

The future and roadmap of BMB looks promising. The project aims to establish itself as a leading decentralized compute platform on Solana, targeting the $1 trillion compute market. Key milestones include: 2027: Expand network of compute providers and increase workload capacity. 2028: Launch advanced AI and machine learning capabilities on the platform. 2031: Achieve significant market share in decentralized cloud computing. 2036: Become a major player challenging centralized cloud providers. The BMB token is central to the ecosystem, powering services and incentivizing participation. As adoption grows, token utility and value are expected to increase. Price predictions suggest potential growth: $0.00612 $0.007696 $0.009565 -- The team is focused on continual development, partnerships, and community growth to drive long-term success. With strong fundamentals and an expanding market, BMB is positioned for sustained growth in the coming years.