What is BAC: Understanding Blood Alcohol Concentration and Its Effects on Driving

Basis Cash's Positioning and Significance

In 2020, Basis Cash (BAC) was launched to address the need for a decentralized stablecoin system. As a algorithmic stablecoin project, Basis Cash plays a crucial role in the DeFi ecosystem.

As of 2025, Basis Cash has become an established player in the stablecoin sector, with an active community of developers and users. This article will analyze its technical architecture, market performance, and future potential.

Origin and Development History

Birth Background

Basis Cash was created in 2020 with the goal of providing a decentralized stablecoin solution. It was born during the DeFi boom, aiming to offer a stable currency pegged to the US dollar without relying on centralized entities.

Important Milestones

• 2020: Main network launch, implementing the algorithmic stabilization mechanism.
• 2020: Price reached an all-time high of $1010.99 on November 30.
• 2024: Price reached an all-time low of $0.00130316 on October 27.

Supported by its community, Basis Cash continues to optimize its technology and real-world applications.

How Does Basis Cash Work?

No Central Control

Basis Cash operates on a decentralized network of computers (nodes) spread across the globe, free from control by banks or governments. These nodes collaborate to validate transactions, ensuring system transparency and attack resistance.

Blockchain Core

Basis Cash's blockchain is a public, immutable digital ledger that records every transaction. Transactions are grouped into blocks and linked through cryptographic hashes to form a secure chain. Anyone can view the records, establishing trust without intermediaries.

Ensuring Fairness

Basis Cash uses smart contracts to manage its supply and maintain its peg to the US dollar. The system aims to adjust the supply of BAC tokens based on market demand to maintain stability.

Secure Transactions

Basis Cash uses public-key cryptography to protect transactions:

• Private keys (like secret passwords) are used to sign transactions
• Public keys (like account numbers) are used to verify ownership

This mechanism ensures fund security while transactions remain pseudonymous.

BAC Market Performance

Circulation Overview

As of November 02, 2025, BAC's circulating supply is 54,575,249.82699095 tokens, which is equal to its total supply of 54,575,249.82699095.

Price Fluctuations

BAC reached its all-time high of $1010.99 on November 30, 2020.

Its lowest price was $0.00130316, recorded on October 27, 2024.

These fluctuations reflect market sentiment, adoption trends, and external factors.

Click to view the current BAC market price

On-chain Metrics

• Daily Transaction Volume: $9,821.8910864
• Active Addresses: 3,029

Basis Cash Ecosystem Applications and Partnerships

Core Use Cases

Basis Cash's ecosystem supports various applications:

• DeFi: Basis Cash itself, providing algorithmic stablecoin functionality.
• Yield Farming: Basis Share token, enabling inflation rewards from Basis Cash.

Strategic Collaborations

Basis Cash has not announced any significant partnerships with major companies or brands. The project's focus remains on its core algorithmic stablecoin mechanics.

Controversies and Challenges

Basis Cash faces the following challenges:

• Technical Issues: Maintaining the peg to the US dollar
• Regulatory Risks: Potential scrutiny of algorithmic stablecoins
• Competitive Pressure: Other stablecoin projects and established fiat-backed alternatives

These issues have sparked discussions within the community and market, driving ongoing innovation efforts for Basis Cash.

Basis Cash Community and Social Media Atmosphere

Fan Enthusiasm

Basis Cash's community activity is relatively low, with limited metrics available on daily transactions or wallet address growth. On X platform, posts and hashtags related to Basis Cash are infrequent, with no significant viral trends.

Social Media Sentiment

X sentiment appears mixed:

• Supporters praise Basis Cash's algorithmic approach to stability.
• Critics focus on challenges in maintaining the peg and overall project sustainability.

Recent trends show cautious sentiment given the project's performance history.

Hot Topics

X users discussing Basis Cash often debate the viability of algorithmic stablecoins and the project's future prospects, reflecting both the innovative potential and the challenges faced in achieving mainstream adoption.

More Information Sources for Basis Cash

• Official Website: Visit Basis Cash official website for features, use cases, and latest updates.
• White Paper: Basis Cash's technical documentation is available on their GitHub, detailing its architecture and goals.
• X Updates: On X platform, Basis Cash uses @BasisCash, as of November 2, 2025, with limited recent activity. Posts cover project updates and community information, with moderate engagement.

Basis Cash Future Roadmap

• Long-term Vision: Aim to become a decentralized, algorithmic stablecoin solution

How to Participate in Basis Cash?

1. Purchase Channels: Buy BAC on Gate.com
2. Storage Solutions: Use Web3 wallets compatible with Ethereum for secure storage
3. Participate in Governance: Follow project announcements for any governance mechanisms
4. Build the Ecosystem: Visit the Basis Cash GitHub for development resources

Summary

Basis Cash attempts to redefine digital currency through its algorithmic stablecoin approach, aiming to provide stability and decentralization. Its unique mechanism and focus on maintaining a peg to the US dollar set it apart in the cryptocurrency space. Despite facing challenges in peg maintenance and adoption, Basis Cash represents an experiment in decentralized finance. Whether you're a newcomer or an experienced player, Basis Cash offers an interesting case study in algorithmic stablecoin design and implementation.

FAQ

What is the meaning of BAC?

BAC stands for Blood Alcohol Concentration. It measures the percentage of alcohol in the bloodstream. A BAC of 0.10% means 1 part alcohol per 1,000 parts blood.

Is a BAC of 0.05 drunk?

Yes, a BAC of 0.05 is considered legally drunk in many places. It impairs judgment and motor skills, exceeding the driving limit in most jurisdictions.

What is BAC ServSafe?

BAC ServSafe is a training program by the National Restaurant Association. It teaches food service staff about blood alcohol content and safe alcohol service practices to prevent overserving.

What is a normal BAC level?

A normal BAC level is 0.00% when sober. BAC above 0.05% can impair driving. 0.11-0.15% causes severe impairment and risky behavior.