The economics of BSTY
Open issuance.
Useful currency.
GlobalBoost has operated as a public, mineable blockchain since 2014. BSTY is its native coin: it moves value on-chain, pays transaction fees and rewards the miners who secure the network.
Launched
2014
Public network
Consensus
Proof of Work
Yescrypt algorithm
Block target
~10 min
Target, not a guarantee
Issuance
Mining
Block rewards
Next halving
Reward drops 12.5 → 6.25 BSTY
Reading the current block height…
Estimate assumes 10-minute blocks; the real date shifts with mining speed.
Supply & issuance
A supply anyone can inspect.
New BSTY enters circulation as a reward for miners who produce valid blocks. The reward schedule is governed by the network's consensus rules, not by a central operator. Transaction fees accompany rewards and pay miners to include transfers in blocks.
GlobalBoost describes its eventual supply as approximately 30 million BSTY. An older Coinomics article lists 30.08 million; the exact protocol cap should be confirmed against the running chain and source.
Issued supply · live explorer reading
Checking… BSTY
Fetching on-chain supply…
Distribution
Earned through work.
01 / Open participation
Yescrypt mining
A memory-hard Proof-of-Work algorithm intended to make mining accessible across a wider range of hardware. Decentralization depends on continued participation from independent miners and pools.
02 / Predictable emission
Protocol-defined rewards
Block rewards release new coins over time according to the rules followed by network nodes, and can be independently checked in the source and block history.
03 / Community origins
Fair-launch philosophy
The project describes its 2014 launch as mining-led, without an ICO, premine or insider allocation.
Network utility
One coin. A public network.
BSTY transfers value directly between addresses. Fees compensate miners and discourage spam. GlobalBoost also envisions BSTY as a payment currency for creator tools, publishing and communication services; availability depends on each application.
Transfer
Send and receive BSTY on-chain.
Secure
Support miners through block rewards and transaction fees.
Build
Connect applications to an open Layer 1 network.
Trust the chain. Check the data.
Issued supply changes as blocks are mined. Read the latest figure from the explorers and review the open-source code for the exact monetary rules.