BitSend is Pow/PoS hybrid cryptocurrency with a 100 years mining period. Users can earn rewards by running a masternode or mining with computational power. BitSend uses the X11 hashing algorithm, which allows features like Darksend and InstantX. Darksend allows users to send BSEND anonymously and InstantX reduces confirmation period. Bitsend is a free open source peer-to-peer electronic cash system that is completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending. ***The official BitSend ticker is “BSD” and trades under that name on all the exchanges where it has been listed. The designation “BSEND” is for CryptoCompare.com only.***
