Distribution, Mining and Units - bitcoin-black-bcb/btcb GitHub Wiki
Distribution
Initial supply of 340,282,366,920 burnt down to total supply of 36,000,000,000.
Genesis account:
bcb_333zpdc5fkucekup1mb8oiuusy6aon5qux45c9mgz1icjtihbj8oichgif91
Initial Foundation 2.5% 900 Million bcb_18exxxzf6t6swdi8kswj46cxymadpf9ko158w1khtcspobme3ffoghboqqs3
Development fund 2.5% 900 Million bcb_1a5pusxj69s5rfe8cqa8shsp3mq8o1q3ti37mopwn1ni19fq1p5ui3cwary9
Pre-sale 2.5% 900 Million coins bcb_1jqtguac5cueuejde9hf5uk3u9jsaicnnsdgwnsws48jw5psbxj5bskqkng7
Bounties 2.5% 900 million coins bcb_314h3q8tf43hobrwky6o9wjg76cwt1k5mdx8ir7bc8o4ub884pc1xyfcn65d
Airdrop 10% 3.6 Billion coins to be airdropped to 1 million accounts 3600 coins per accounts bcb_1adi4fpk579i1cgejzdg8qcgdbib8fsskeaacpdxzoscgx9y7hkduep68635
Rewards bounty 20% bcb_1g99em7ziw6k8fqtau5mucixrd7y9ets3c5gb6sb6g77sdsdb7mka3ppjrcr
ICO 20% 7.2 Billion coins bcb_39sria4at965sa5igutdg7shbbref8noj377mn96uiym9iaf3zrw3zrrpjgt
App introduction rewards 40% 14.4 Billion bcb_196zbxf3bf9yjrxhs6648edzgcnmhubqsuga3qxp9h6sd64g4mjh8pycuuox
Divider
We use a 128 bit integer to represent account balances, this is too large to present to the user so we defined a set of SI prefixes to make the numbers more accessible and avoid confusion. The reference wallet uses Mbcb BCB/Bcb as a divider.
Gbcb = 1000000000000000000000000000000000, 10^33
Mbcb = 1000000000000000000000000000000, 10^30
kbcb = 1000000000000000000000000000, 10^27
bcb = 1000000000000000000000000, 10^24
mbcb = 1000000000000000000000, 10^21
ubcb = 1000000000000000000, 10^18
1 bcb is 10^24 raw
1 raw is the smallest possible division
Mining
Coin mining is a natural extension of proof of work cryptocurrencies in order to disseminate coins in a distributed fashion. Unfortunately the high cost of mining in terms of hardware and energy lowers the value of the currency which is a concern to the majority of users who don't mine.
Mining is also used as a reward mechanism for maintaining integrity of proof of work algorithms. There are many aspects to maintaining a full cryptocurrency including processing transactions, bandwidth, storage space, and building end user software.
Unfortunately mining as a reward mechanism only rewards one aspect of keeping a cryptocurrency healthy, transaction processing. In fact miners don't need to be invested at all in the currency they're mining which gives skewed incentives. The beneficiaries of mining unfortunately also tend to be slanted toward enthusiasts or those with capital investment in mining hardware. The reward value for mining is not fixed with its cost, in the long term the value generated from mining might not be enough to cover the expense of using a proof of work scheme.
Bcb/Bitcoin Black coins are not generated via mining.