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Belgian Franc (convertible)

BEC is a cryptocurrency that was created in 2014. It is based on the Bitcoin protocol but with a few modifications. The most notable modification is the block size limit, which is 8 MB. This allows for faster transaction times and lower fees. BEC also uses a different proof-of-work algorithm than Bitcoin, called Scrypt. BEC is not as well-known as Bitcoin, but it has a growing community of supporters. The currency is traded on a few exchanges and can be used to purchase goods and services.

Used in

Currency creation
1970-01-01
Currency demise
1990-03-05