FINLAND and AUSTRALIA, JULY 25.

The dough is finally here. The IBO (Initial Bread Offering) you've been waiting for is ready to launch. Chief Pastry chef, @apsu and Oven Operator extraordinaire @holoz0r reporting, live. https://cdn.pixabay.com/photo/2016/03/26/18/23/bread-1281053_1280.jpg

"We're super excited about the new concept we've devised to secure the network. Blockchains can only support linear structures of data, and lack a three dimensional aspect,"

Said @apsu as a fine veneer of flour settled on his black baking apparel. He continued, kneading dough while explaining more:

"We have developed the Yeast Chain, which allows for three dimensional, temporal structures in the chain, allowing breadcoin to be spent at anytime, and remain decentralised."

Baking will begin immediately for BreadCoin. You are able to mine with a variety of equipment and it is completely ASIC, GPU, CPU, and Sous Vide resistant. Chief technical officer, @holoz0r explains:

We can use unique chemical algorithms known as recipes to bake breadcoin. Our constituent ingredients are gluten, yeast, flour, and things that come in large sacks. We combine this as a slurry, knead it, and then @apsu hands it over to me. Its my job to bake and create loaves for the yeast chain.

Breadcoin is revolutionary in that it eschews the typical paradigm of a block that is commonly used in cryptocurrency. Instead, four loaves are created in each oven round, which last 1 hour. These are shared among bakers (miners) and distributed on a proof of bakery system. In any given day, a maximum of 96 loaves can be created. https://cdn.pixabay.com/photo/2016/10/15/23/13/baguette-1743939_1280.jpg If you do not have a whole loaf, you may be awarded a slice; and for small time bakers, those using the simple toaster oven or microwave, they will collect breadcrumbs, which can be amalgamated into a slice or loaf at a later date. Each loaf has 18 slices, meaning the daily supply of breadcoin slices is 1,728. The number of crumbs are infinite.

https://cdn.pixabay.com/photo/2016/08/23/12/09/napoli-bread-1614188_1280.jpg

Baking of breadcoin is expected to begin along with the arrival of high volume ovens that can reach staggering temperatures of 300C.

It is anticipated that there may be a shortage of thermostats from oven manufacturers as a result of the launch of breadcoin, which has a target price of $1.

Breadcoin will be a highly liquid cryptocurrency, and the loaf size will never reduce as time goes on. There will be limited ovens available to enforce the quantity of production. Entire loaves, if not sent through the yeast chain, will accumulate mould, a "side-chain" to bread-coin; which will be a lesser desired trading pair of breadcoin.

Our vision with Breadcoin is ensure that cryptocurrency is used for something, and not just hoarded, traded on exchanges; and shorted by traders. The distributed proof of mould concept that will develop as bread is left on the counter (we don't have a wallet system) will ensure that people use their crypto and produce a thriving economy.

When bread changes hands, and is broken; it can never go mouldy.

Invest in Breadcoin Today

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