Bean Cash News

I always used to have around 16 connections, but recently it went down to 2 and I have no idea why. I haven't made any changes to the system, and only use this computer for staking.

I'm staking on a laptop with a wifi connection.

Is there a way to increase the number of connections to get closer to 16 again?

Thanks in advance!

Nearly 2 month since I payed hard earned cash to buy stake 90000 beans.No sprouting no rewards for the staking....stuck with a coin that has lost 2/3 of its value...

I guess another hard learnt lesson in cryptoworld

I wanted to ask some questions about Beancash but I understand that this is the old defunct channel and that Beancash official channel is at the link below. Is that correct ?
https://www.reddit.com/r/BeanCashOfficial/

Like many of you i thought this as a interesting and fun project to enter. I've been in this project since about January 2018 and been waiting to break even so i could get out ever since.

I want to share my experience with other people that are consider entering this project.

1. The top 2 richest wallets (if not 3) are owned by the project team. They sprout (stake) about 25% of all stakes made.

% of total stakes

With a combined amount of 420 million beans (coins) they sprout about 12.6 million beans a month.

Rich list

Combined sprouting a month

1. They say they want to keep the coin price "stable", so that other projects may want to use their coin project as well. But the only reason why they say that is so they can dump their massive amount of monthly sprouts (stakes) onto the exchange without having the community rebel against them.

A massive coin dump by 1 of the project members

1. They claim to be actively developing on their project, but if you take a quick look at their github you see that they are not doing anything.

They forked their initial project "bitbean" from "nokat" back in 2015 (https://github.com/teambean/bitbean) they haven't even updated anything since they forked it. In 2017 they forked it to a different repository and started to rebrand it to "bean cash" (https://github.com/teambean/BeanCash/commits/master). In a period from november 17 2017 till december 14 2017 they have been renaming a few words every couple weeks. Even now, while i'm writing this at august 23 2018, they still haven't finished updating all their "bitbean" and "BITB" words, while this could have been done by 2-4 copy paste commands on linux.

1. When you ask for an update on what they are doing, or what is going to happen, they keep saying that they are so busy developing, working hard on their sprints, doing a lot of work. But again, when you look at the commitments they are making on their project, there is nothing.

Development commitments in the past year.

The 9 month during fail rebranding

1. They also promise the community all kinds of things, but they never live up to it. For the past couple months "Bitbeaner" has been promising his community new exchange listings as there are only 2 active exchanges which are both losing trading volume. He promised that we would have a couple new exchanges before august this year:

Exchange promise1

And exchange promise 2: https://youtu.be/4uq4T3kFtsw?t=1285 .

Now, 1 week before we hit august, we, the community, start to wonder what the status is on the exchange listings. So we asked him in the only communication channel they support (https://live.beancash.org/ they refuse to use discord/telegram/etc (probably because they are afraid their project gets globally known and called out of the scam they are)). Their response to members asking questions that they know they don't have any answer or legit reason to not live up to, they simply delete those questions and ban those members so they cant ask it again and hope that the other members forget that the team ever said that.

The question

Them deleting my questions and kicking me from the server and me asking why

A few minutes later when i tried to see if anyone responded, a banned account.

My advise to anyone that is looking for a new project and may consider stepping into this project, DON'T! The team here is not doing anything for their project, they have no respect to its community and are just leeching of their sprouts. They keep giving false information and promises to keep the community waiting for new project updates, while the team just tries to keep the community into their project as long as possible so they can keep dumping their sprouts on them and keep earning money.

As soon as i break even with my investment, I'll step out as fast as i can and join a new project which this time i will investigate better to avoid entering a scam project like this. Of course you're still free to join if you want, but be warned, the evidence is summed up in this post.

Staking on my wallet is dead, I have 89000 beans and about 9 /10 connections active, difficulty level betwqeen 4 and 5 ....and it never stakes. Day till the next stake stuck at around 11 / 12 day...considering selling it all...

What can I do?

I had a blkindex.dat. error upon trying to open beancash application. Now I am trying to restore my wallet dat file and am having trouble. After I delete all the older folders and redownload the blockchain on a new beancash app download, do I simply drag my old dat file into the place where the new one is? In the C drive -> App data -> Roaming -> Beancash.

Someone please help. I dont want to screw it up and have to redownload the blockchain for another 3 days

What can I do with it ? how does it work ?