What is Bata?
Bata is a peer-to-peer cryptocurrency designed to work as a medium of exchange providing instant, near-zero cost payments to anyone in the world. Bata’s global payment network is open source and decentralized without any central authorities. Proof-of-Work and Proof-of-Stake secure the network and allow anyone to control their own finances. Bata features prompt transaction confirmation times and improved storage efficiency than prominent math-based cryptocurrencies.
Bata’s vision is to replace trade dollars in traditional Barter Systems. Bata aims to change the way we trade. As the "Sharing Economy" grows, so does the decentralized market.
Independent Chain Algorithms
Sha256d, Scrypt, Nist5, Lyra2z, x11, x16r.
Spork Control Over Block Processing
The ability to stop the blockchain anytime by sporks manually if any kind of dangerous network activity is detected. Bata development has full control of block processing without the need to update wallet.
Instamine protection will trigger after 5 blocks of single algorithm are mined in a short period of time.
Dynamic Blocks / Rewards
Based on block height and difficulty - means no cheap blocks.
Difficulty is reduced even when no new blocks are found, new blocks are mined much faster even after a very high hashrate period. This prevents "stuck chain" issues.
Masternodes are powerful servers backed by collateral held in Bata and are designed to provide advanced services and governance on the blockchain.
We want to get feedback from the community, early and often. We put out the vision, whitepapers and roadmap to the world, because we need the best developers in the world to come help build the best commerce system in the world, built on blockchain technology.