Log in/ Sign up

About BODE

Book of Derp (BODE) is a cryptocurrency launched in 2024. BODE has a current supply of 690.69M with 0 in circulation. The last known price of BODE is 0.000063031146 USD and is 0.000001067847 over the last 24 hours. It is currently trading on active market(s) with $35.39 traded over the last 24 hours. More information can be found at .
BODE Price Statistics
BODE’s Price Today
24h Price Change
+$0.0000010678471.72%
24h Volume
$35.3974.03%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2932
BODE Market Cap
Market Cap
$0
Fully Diluted Market Cap
$43,535.00
BODE Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BODE Supply
Circulating Supply
0
Total Supply
690.69M
Max Supply
690.69M
Updated Apr 24, 2024 1:43 am
image
BODE
Book of Derp
$0.000063031146
$0.000001067847(+1.72%)
Mkt Cap $0
There's nothing here for now
PayPal Proposes Incentives for Bitcoin Miners to Use Clean Energy
PayPal Proposes Incentives for Bitcoin Miners to Use Clean Energy
According to Blockworks, a recent report by PayPal's internal research group suggests that economic incentives could encourage bitcoin miners to adopt cleaner energy sources. Bitcoin's proof-of-work (PoW) consensus mechanism has been criticized for its high computational intensity, which has raised environmental concerns. The report proposes a solution that involves offering additional bitcoin rewards to miners who use low-carbon energy sources. Under the PoW mechanism, bitcoin miners are compensated with bitcoin for their computational work. The report suggests that a small additional amount of bitcoin could be allocated to miners who prioritize environmentally friendly practices. The proposed program would begin by identifying 'green miners' who use clean energy or have a minimal impact on energy grids. These miners would be identified by their public keys, referred to as 'green keys'. To incentivize these green miners, certain bitcoin transactions would include a UTXO with a multisig wallet containing extra bitcoin. This wallet could only be accessed by green keys. These transactions would also feature lower-than-average fees, making them more attractive to green miners. The report likens this approach to providing an 'indirect grant' to bitcoin miners who use cleaner energy. However, the report acknowledges potential drawbacks. For instance, miners who do not prioritize green practices could still pick up transactions earmarked for green miners if the low fees are not a deterrent. The report also suggests measures to prevent 'malicious green miners' from driving up transaction fees on green transactions for personal gain. The report does not specify the amount of the 'subsidy', only stating that the green miner multisig would contain 'some bitcoins'. If the public mempool solution proposed by PayPal is not effective, the report suggests that smart contracts or the Lightning Network could be used to privately reward green miners. This would, however, require a level of trust. The report was produced by PayPal's Blockchain Research Group, which has been operational since around 2015. The group tested aspects of the incentivization program with blockchain company DMG.
Apr 24, 2024 1:39 am

Frequently Asked Questions

  • What is the all-time high price of Book of Derp (BODE)?

    The all-time high of BODE was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Book of Derp (BODE) is 0. The current price of BODE is down 0% from its all-time high.

    Read More
  • How much Book of Derp (BODE) is there in circulation?

    As of , there is currently 0 BODE in circulation. BODE has a maximum supply of 690.69M.

    Read More
  • What is the market cap of Book of Derp (BODE)?

    The current market cap of BODE is 0. It is calculated by multiplying the current supply of BODE by its real-time market price of 0.000063031146.

    Read More
  • What is the all-time low price of Book of Derp (BODE)?

    The all-time low of BODE was 0 , from which the coin is now up 0%. The all-time low price of Book of Derp (BODE) is 0. The current price of BODE is up 0% from its all-time low.

    Read More
  • Is Book of Derp (BODE) a good investment?

    Book of Derp (BODE) has a market capitalization of $0 and is ranked #2932 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Book of Derp (BODE) price trends and patterns to find the best time to purchase BODE.

    Read More