Important Notice

Mining award increased from 6% to 10%

Ecological perfection: redemption rules adjustment notice

Added new currency notice: ALGO

Added a new currency notice: ATOM

Added new currency notice: OGO

Added new currency notice: SOC

Added a new currency notice: EGT

Added new currency notice: LAMB

Added new currency notice: NULS

Butterfly Token Weekly (2019.9.2-9.8)

Added new currency notice: WTC

Added new currency notice: MANA

Added pair of coin notices: LBA

Added a new currency preview: ITC

Butterfly Token Weekly (2019.8.26-9.1)

Failure to submit AIDOC notice

Added new currency notice: CVC

Added a new currency notice: AIDOC

Added new currency notice: ACT

Added new currency notice: ABT

Added new currency notice: AAC

Added new currency notice: GXC

Butterfly Token Weekly (2019.8.12-8.25)

Currency Substitution Rule Improvement Announcement

About the temporary release of the ATP announcement

New feature preview: delivery of 10BK to 100,000 BK

New feature preview: 10BTC Grand Prize

New feature preview: invitation award

New feature preview: Free BK rights

Redemption rule update announcement

Added new currency notice: PAX

Butterfly Token Weekly (2019.8.5-8.11)

Added new currency notice: BLZ

Added new currency notice: SKM

Added new currency notice: BTM

Added new currency notice: ATP

Added new currency notice: LYM

Added new currency notice: GTC

Butterfly Token Weekly (2019.7.29-8.4)

Added new currency notice: HC

Invitation reward function online announcement

Added new currency notice: SNT

Added new currency notice: AE

BK major adjustment and airdrop announcement

Added new currency notice: VET

Added new currency notice: WICC

Butterfly Token Weekly (2019.7.22-7.28)

Added new currency notice: OCN

Added new currency notice: CTXC

Added new currency notice: HIT

Added new currency notice: HPT

Added a new currency notice: DTA

Added a new currency preview: NAS

Butterfly Token Weekly (2019.7.15-7.21)

Added new currency notice: GNT

Added new currency notice: BTS

Added new currency notice: ELF

Added new currency notice: QTUM

Added a new currency notice: ZRX

Added new currency notice: ONT

About the acceptor's risk-free mining rules

Added new currency notice: ELA

Butterfly Token Weekly (2019.7.8-7.14)

Added new currency notice: OMG

Added new currency notice: ZEC

Added new currency notice: HT

Added new currency notice: XEM

Added new currency notice: NEO

Minimum number of mining pending orders

Exchange fee adjustment notice

Added new currency notice: DASH

Mining bonus 5% increased to 6%

Added new currency notice: ETC

Butterfly Token Weekly (2019.7.1-7.7)

Added a new currency preview: XMR

Added new currency notice: IOTA

Added a note on the coin: IOST

Added new currency notice: DOGE

The future planning of the coin on the shelves

Inviting mining incentives will be online soon

BK Weekly and Data (2019.6.23-6.30)

Announcement on BK's online idax

Established BK Community Committee

Acceptor mining award rules

Acceptor mining methods and rules

Announcement on the introduction of the BK project

Acceptor mining award rules

It can be seen from the mining process that after the acceptor (miner) successfully realizes the currency exchange for the user, it means that the mining operation is completed, and the acceptor can obtain the platform mining reward. Namely: XXX BK+ difference subsidy + mining award, for a clearer definition of the mining reward rules, assuming that the user hangs out 1000BK wants to exchange ETH, the process is as follows:


Spread subsidy: As the current market price of ETH is assumed to be 200 US dollars, the acceptor A is equivalent to paying 200*6=1200 USD. Since the current BK market price is 1 US dollar, the acceptor A gets 1000 BK equal to 1000 USD, which is 200. The US dollar, then the BK is 200 BK, so the difference between the acceptor A and the BK is 200 BK.


Mining award: The mining reward is assumed to be 5%. The specific proportion is subject to community autonomy and may change. For details, please refer to the platform announcement. Since the user spent $1,200 as the acceptor, and 1200*0.05 equals 60, the mining award is 60 BK, earning a profit of $60.


Then the total number is: 1000 BK (exchange amount) + 200 BK (differential subsidy) + 60 BK (mining reward) = 1260 BK, pure profit is 60 BK about 60 US dollars profit.


The difference between the acceptor (miner) and the mining rewards:

Issuance time: When the matching order between the acceptor and the redemptor completes the transaction, the countdown is 24 hours. After the time is over, the system calculates immediately. Is there a difference subsidy at this time? how much? How much is the mine reward? Issued immediately after calculation.


Formula for calculating the difference subsidy: the difference subsidy = the number of (when (for the price of the coin * the ratio of the benchmark) / the price of the BK - 1) > 0 * the number of BK exchanged


Mining Bonus Calculation Formula: Mining Reward = Pair of Coin Price * Pair of Coinage Quantity * 0.05 / BK Price


Issuance method: Broadcast from the direct blockchain from 98% of the mining ratio to your account's receipt address. Controlled by smart contracts, no one can modify it, the chain can be checked, and the broadcast record is public.


BK  Team