The Beetlecoin is an open source decentralized cryptocurrency which provides instant and low fees transactions all around the world through the Beetlecoin network. Anyone can participate in the operation of Beetlecoin network by either allocating computing power in mining or staking the coins. On average, Beetlecoin block network requires two minutes to generate a new block, and all transactions are carried out over the internet, unlike fiat money transactions which require intermediary financial institutions or banks.