#BounceBit BOUNCEBit is a token meant to support palestin's growing digital economy. Its objective is to bridge gap between traditional finance and the digital world. The key features are fast and secure transactions, support for palestin's businesses and initiatives, community - driven development and also very small fees.
BounceBit adopts a proof - of - stake consensus mechanism known as Dual Token "POS" where validators stake BB and/or BBTC native token to record and verify transactions on the network. In return validators receive transaction fees.
CONCLUDING REMARKS
This platform leverages the security of BITCOIN along with the full compatibility with ETHERIUM VIRTUAL MACHINE. By stacking both BITCOIN and BOUNCEBIT tokens, participants play a vital role in the security of the network.