Bitcoin Solaris
  • Introduction
    • Project Overview
      • Technology Overview
      • Modernizing Bitcoin for DeFi Integration
      • Integrating Solana: Enhancing Bitcoin Solaris
  • Blockchain Information
    • Blockchain Architecture
      • Hybrid PoW/DPoS Consensus Mechanism
    • Dual-Layer Blockchain
    • Gas and Fee Structure
    • Validators in the Bitcoin Solaris Network
      • Validator Selection and Rotation
    • Smart Contract Programming Language and Layers
      • Smart Contract Functionality
    • Official RPC Providers for Bitcoin Solaris
  • Token Information
    • Token Supply and Issuance
    • Bridging
    • Use Cases and Applications
    • sBTC-S Liquid Staking
    • Governance Model
    • Token Migration
  • Project Roadmap
  • Mining Information
    • Overview
    • Reward Distribution System
    • Solaris Nova Mining App
    • Mining Power Marketplace
    • Mining Devices and Specifications
  • Security Information
    • Security and Risk Management
    • Audit Reports
  • Development Team
  • Understanding Privacy
    • For Developers
    • For Users
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  1. Token Information

Token Supply and Issuance

PreviousOfficial RPC Providers for Bitcoin SolarisNextBridging

Last updated 14 days ago

Bitcoin Solaris (BTC-S) has a fixed total supply of 21 million tokens, mirroring Bitcoin's supply model. The token distribution is as follows:

  1. Initial Minting: 7 million BTC-S (33.33% of total supply)

    • Reserved for development, marketing, and ecosystem growth

  2. Mineable Supply: 14 million BTC-S (66.67% of total supply)

    • To be minted through mining over approximately 90 years

Mining Schedule:

  • Initial block reward: 50 BTC-S

  • Halving events occur every 210,000 blocks (approximately every 4 years)

  • Block time target: 10 minutes

The mining schedule follows a geometric series, similar to Bitcoin:

  • First 4 years: 50 BTC-S per block

  • Next 4 years: 25 BTC-S per block

  • Next 4 years: 12.5 BTC-S per block

  • And so on...

This halving mechanism ensures a gradual and predictable release of new tokens, promoting long-term stability and scarcity. The extended 90-year mining period is achieved through a combination of smaller block rewards in later years and potential adjustments to the halving schedule, which will be determined by network governance as the project evolves.

The dual-layer structure of Bitcoin Solaris allows for efficient distribution of mining rewards:

  • Base Layer: Focuses on transaction validation and security

  • Solaris Layer: Handles smart contract execution and DApp interactions

Mining rewards are distributed across both layers, incentivizing participation in all aspects of the network's operations.