Bean Cash's mission is to be a long-lasting digital currency that maintains integrity, serves as a store of value, and facilitates everyday transactions. It is based on the principles outlined in the original Bitcoin white paper and incorporates elements from Peercoin for its proof-of-stake (PoS) feature. The blockchain, initially known as BitBean, was launched on February 13, 2015, without any fundraising or pre-mining. After a phase of SHA256 proof-of-work, Bean Cash transitioned into a pure PoS currency. The block reward is set at 1000 Beans plus transaction fees. The community refers to this version of PoS as "Proof of Bean" (PoB). Bean Cash aims for a one-minute block time and a maximum block size of 20MB. Its total supply is projected to reach 50 billion beans by 2111.

The Bean Cash team is composed of global volunteers who contribute their time and resources to the project. The broader Bean Cash community, known as Team Bean, includes anyone with an interest in the technology. Individuals holding 1% or more of the current outstanding Bean Cash can join Bean Core and participate in decision-making processes. The Executive Board consists of three Bean Core members who possess 5% or more of the current outstanding Bean Cash. Decisions are made through consensus, and if a vote is not unanimous, it does not pass. The Board has the authority to override suggestions from Bean Core or propose its own ideas. However, a 2/3 super-majority of Bean Core can overrule the Board's decisions.