What is Bellscoin?
Bellscoin (BEL) is a meme token that emerged in November 2013, a few days before the launch of Dogecoin. It uses the Scrypt Proof of Work algorithm and supports merged mining with Dogecoin and Litecoin. This feature allows all three coins to be mined simultaneously using the same equipment, enhancing mining efficiency. Bellscoin became one of the first meme tokens and blockchain platforms, laying the foundation for projects like Dogecoin, which is essentially a fork of Bellscoin.
After the project's revival in 2023, the community has actively worked on enhancing the ecosystem by adding wallets, block explorers, and NFT marketplaces. As of September 2024, the coin boasts over 500,000 holders. Bellscoin maintains its status as a decentralized project with no single governing entity.