BiblePay
Christian Charity Cryptocurrency
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Hunter's comment
BiblePay (BBP) is a Christian Charity Cryptocurrency.
The project is based on rewarding providing computing power to cancer research. 10% of collected funds go to charities and nonprofits.
Personally, I really like projects like this. I must admit that this is not the first time I see such project being focused on disease research. I would be really sad if a project like this were to be a subject of market manipulation or if the founders used Christianity as a disguise. Let's hope it's all legit.
Spreading the Gospel
The company says they are passionate about spreading the Gospel and want to utilize new means of doing so.
- 10% of all the coins generated go to charity.
The primary charities they support include Bloom World Wide, Cameroon One, and Compassion International.
Proof of Distributed Computing
In short, they are using the provided computing power to aid disease research and help charities.
90% of the collective processing power goes to helping researchers finding cures for AIDS/HIV, malaria, cancer, Alzheimer's and other diseases.
ASIC and GPU resistant
The mining algorithm is called Proof of Bible Hash. They say its uniqueness lays in every miner having the entire KJV Bible integrated. This makes BiblePay virtually impossible to port to GPU or ASIC mining, making it CPU-only.
Self-funding and decentralized governance
Biblepay has features built-in that enables it to be self-funding and self-governing. It operates with MasterNodes - called Sanctuaries.
Other sources: Wiki, Github, BiblePay Central Documentation
*Some parts of the hunters comments were copied from the website.
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