This is the Wallet for TBC Coin which is the first abundance based Bitcoin clone, that is programed only to go up in value based on the number of people that join the TBC comunity. There are One Billion Coins: 500 Million Coins are mined by miners; which secure the Blockchain; and 500 Million Coins sold as stake, which provides the ability to direct the development and market the coin to people and merchants.
The Billion Coin FormulaThe formula begins with a membership agreement. All members of The Billion Coin community agree that this coin will never go down in value; it can only go up in price. This agreement is hinged on a software program that drives the price of TBC up by 1% to 5% daily until it reaches its Ultimate Price.
The Ultimate PriceThe formula of the Ultimate Price of The Billion Coin is one Euro multiplied by the total number of Verified Members within the community. For example, if the total number of Verified Members equals 10,000, then the Ultimate Price of The Billion Coin is 10,000 Euros per coin.
The Initial PriceThe Launched The Billion Coin on March 21, 2016 with the Initial Price of 0.001 Euros per TBC coin.
The Current PriceThe Current Price is increased once every 24 hours according to the Formula embedded within the software until it reaches its Ultimate Price. The value of The Billion Coin is not attached to the volatility of the markets; and both Buyers and Sellers of TBC use the Current Price to conduct transactions.
The PathThe path the Current Price takes from the Initial Price to the Ultimate Price is determined by a software formula that measures the average daily growth in Verified Members of The Billion Coin community and rewards that growth in kind. From the Day of Launch on 3/21/2016 the Current Price can either follow a 1% to 5% path towards the Ultimate Price and will increase daily by 1% to 5% until it reaches the Ultimate Price.
See Chart below on how the Current Price could go for the 1st year as an example of how the Current Price will continue to increase daily on-going:
https://thebillioncoin.com/Chart.jpg
The software starts with only 1 Verified Member on the Day of Launch on 3/21/2016 and then uses the table below to determine the reward in the Current Price each day.
https://thebillioncoin.com/TBC%20Formula%20Illustrated.jpg
https://thebillioncoin.com/images/billioncoino.jpg
www.thebillioncoin.info
VERSION HISTORY
- Version v1.5.27 posted on 2016-08-30
User enhancements.
Program Details
- Category: Business > Accounting & Finance
- Publisher: The Billion Coin
- License: Free
- Price: N/A
- Version: 1.5.27
- Platform: android