Whitepaper

#FollowTheBit

Become the movement

B1T Current Price

Price: Loading... USD

Bit is a decentralized cryptocurrency based on the Bitcoin protocol.
Launched with the vision of offering a securefast, and scalable digital currency,
Bit aims to provide a transparent and community-driven alternative to traditional financial systems. It uses the proven SHA-256 Proof of Work algorithm for consensus, ensuring both security and fairness for miners and users alike.
The genesis block of Bit was mined on December 16, 2024, marking the beginning of a new er​​a for the Bit blockchain.
With its limited supply of 2.1 million coins and initial block reward of 5 B1T
Bit is designed to provide scarcity, ensuring long-term value and stability. Through continuous development and community involvement, Bit aims to be a versatile cryptocurrency for various use cases.
The Bit blockchain follows a strict emission schedule, with block halvings occurring every 210,000 blocks, ensuring controlled inflation and predictable supply over time.
Genesis Message: 
"Bitcoin smashes 100 000 USD"

Why B1T?

B1T is a faster and more scalable alternative to Bitcoin, with 1-minute block times and a 2,100,000 coin cap. B1T ensures sustainable mining rewards even after block rewards end, relying on transaction fees alone. Here’s how B1T compares to Bitcoin in this regard:

1-Minute vs. 10-Minute Block Time

B1T processes 10 blocks every 10 minutes, while Bitcoin processes 1 block every 10 minutes.
B1T miners earn rewards 10 times more frequently than Bitcoin miners, providing more consistent payouts.

Transaction Fees and Long-Term Sustainability

After block rewards end, miners rely solely on transaction fees.
B1T can earn 10 times more in fees over the same 10-minute period compared to Bitcoin due to faster blocks and more frequent transactions.

Why It Matters for Miners

More Frequent Rewards: With 1-minute block times, B1T miners receive rewards more often, staying profitable even as block rewards vanish.
Higher Long-Term Profits: In the post-reward era, B1T miners will earn far more in transaction fees, making it a more sustainable mining network.

Conclusion

B1T offers 10 times more frequent rewards and more transaction fees in the long run, making it more profitable and sustainable for miners.
With faster block times and more fees, B1T ensures miners stay engaged, even after block rewards end.

Choose B1T for a future-proof, miner-friendly network that thrives long-term

Feature Bitcoin (BTC) Bit (B1T)
Block Time 10 minutes 1 minute
Blocks Processed in 10 Minutes 1 block 10 blocks
Transaction Fees per Block Same (relative, but fewer blocks per period) Same (relative, but 10x more frequent)
Transaction Fees in 10 Minutes Smaller fee reward (1 block per 10 minutes) 10x larger fee reward (10 blocks per 10 minutes)
Mining Incentive Post-Reward Lower, less frequent payouts Higher, more frequent payouts
Impact on Hashrate Likely to drop significantly due to lower rewards Likely to remain stable or grow due to higher rewards
Security & Network Stability Lower if hashrate drops (slower confirmations) Higher due to stable or growing hashrate (faster confirmations)

Algorythm: SHA256

Ticker: B1T

Initial block reward:  5 B1T

Block time: 1 minute

Block halving: 210 000 blocks

Coin supply: 2 100 000 B1T

For Newcomers: A straightforward entry into blockchain and cryptocurrency.
For Latecomers: A chance to participate in a unique, limited-supply project.
For Miners: An opportunity to use your SHA-256 ASICs and s​upport a fast-growing network.

Bit is for everyone

Exchanges

SafeTrade XeggeX Exbitron

Explorers

Explorer1 Explorer2

Development

Git Hub

Others

Live Coin Watch Mining Pool Stats