The team
GlobalToshi
GlobalBoost was launched in 2014 by a pseudonymous creator known only as GlobalToshi. Like Bitcoin's Satoshi Nakamoto, there's no known face or company behind the name, and none is needed.
The team is everyone who mines, runs a node, builds or holds BSTY.
No leader. By design.
A network with a leader has a single point of failure. That person can be pressured, bought, arrested or simply make mistakes. Bitcoin showed that money can run without one, and GlobalBoost follows the same path.
No known leader
There is no CEO, foundation or company that owns GlobalBoost. No one can shut it down, change the rules alone, or be pressured into doing so.
Proof of work
New blocks are secured by real computing work. Rewriting history would mean out-working the whole honest network, so the record gets harder to change with every block.
Open source
Anyone can read, check, copy or improve the code. Trust comes from code everyone can inspect, not from any person's promises.
Run by its users
Miners, node operators and holders keep the chain running. Each node keeps its own copy of the full ledger and checks every rule for itself.
The nature of a blockchain
A blockchain is a public ledger copied across thousands of computers. Transactions are grouped into blocks, and each block is locked to the one before it with cryptography. Changing one entry would mean redoing every block after it, faster than the rest of the world combined.
This is why it works without trust. You don't need to believe any company or person. You can run the software yourself and check every coin and every rule, all the way back to the first block.
- 2008
The Bitcoin white paper
A pseudonymous author, Satoshi Nakamoto, describes peer-to-peer electronic cash: money without a bank in the middle.
- 2009
The genesis block
Bitcoin launches. Its creator later steps away for good, leaving a network that belongs to nobody and therefore to everybody.
- 2014
GlobalBoost is born
GlobalToshi launches BSTY as a fair, community-run proof-of-work chain, following the same approach as Bitcoin.
- Today
Still running
More than a decade later, blocks keep coming. No leader was needed, only the people who choose to keep it alive.
A decentralized store of value
Scarce. Coins are issued on a set schedule written into the code. No central bank or board can print more when it suits them.
Hard to seize. Your keys hold your coins. No middleman can freeze, block or reverse a confirmed transaction.
Built to last. With no company to go bankrupt and no leader to walk away, the chain lives as long as people keep running it, as it has since 2014.
"Built in 2014. Built to keep running."