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Home Wallets

B3Coin Wallet Review : A Unique Technology to The Blockchain Network

Verna by Verna
October 4, 2019
in Wallets
Reading Time: 4 mins read
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About B3Coin 

B3Coin (KB3) is a cryptocurrency launched in 2018. Users are able to generate KB3 through the process of mining. B3Coin has a current supply of 753,792,098 KB3. The last known price of B3Coin is $0.000327 USD and is down 0.17% over the last 24 hours. It is currently trading on 5 active market(s) with $1,208 USD traded over the last 24 hours.

Fundamental Node (FN)

The Fundamental Node (FN) is B3’s masternode that leverages a unique technology to the blockchain network: Proof of Disintegration (PoD). Fundamental Nodes serve as a long-term passive income asset for investors and provide the foundational fabric upon which the chain is secured, maintained, and stabilized, similar to traditional masternodes.

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Proof of Disintegration (PoD)

B3Coin standard masternodes that either lock its purchasing coins in the wallet as collateral or use Proof of Burn technology, the B3 Fundamental Node destroys its purchasing coins from the blockchain through Proof of Disintegration, rendering them unrecoverable while driving down circulating supply. Proof of Disintegration establishes innovative economic security within B3’s Fundamental Node purchases and serves as a mechanism to decrease circulating supply.

Staking

Proof-of-Stake is thousands of times more energy efficient than Proof-of-Work and allows users to verify the blockchain and earn block rewards by simply storing B3 Coin in their wallets. The current Proof-of-Stake return rate is 20% APR.

Fundamental Nodes w/ Proof of Disintegration

B3Coin is the first coin to develop and implement Fundamental Nodes (FN). A Fundamental Node is similar to a regular masternode in terms of the service it provides to the network but the coins used to purchase a Fundamental Node are destroyed. This reduces the overall supply of the coin over time as more Fundamental Nodes are added to the network. Fundamental Nodes receive 60% of the block reward while those staking receive 40%.

Decentralized Exchange

B3Coin exchanges are subject to hacking, theft, and potential price manipulation as information is stored on private servers. The B3 team is working day and night to revolutionize how coins are mined, controlled, bought, and sold. Dex is a fully autonomous, decentralized exchange where all the information is stored on the blockchain. Dex will not only make every transaction secure and private, but will provide its users state-of-the-art algorithms and technical analysis to maximize profits while trading.

B3 Community

With more than 28,000 members, B3 has one of the strongest communities in crypto. People from all walks of life, diverse cultures, various languages and talents engage with each other every day to make B3 the strongest coin in the market. Please make sure you join today and start making friends all over the world! (Discord, Twitter, Facebook)

KB3

B3Coin and kB3 are units of currency supported in the latest B3Coin wallet (v3.1.1.2+). Through a soft fork, the B3Coin dev team implemented support for a 1000:1 currency conversion in the wallet to ensure the longevity and future proofing of the currency. B3 is now not only the brand name but also the unit of currency used to support micro-payment while in parallel, kB3 is there to support macro-payments and trade. As the B3Coin dev team continues to innovate in this space, naturally we expect the value of the coin to increase overtime — to handle this appreciation, the B3 wallet handles both units.

Tips for securely storing your B3Coin 

  • Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
  • Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
  • Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
  • Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
  • Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
  • Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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