[ANN] BitToken — fair launch, 21M cap, 3s blocks, EVM, optional zk privacy

moved there https://bitcointalk.org/index.php?topic=5570343.0

BITTOKEN (BITTOKEN)
The Last Fair Launch.
No Premine. No ICO. No VC. Just Mining.

Website: BitToken.net
Status: Launching soon (source code + genesis + mining guide published before block 0)

FAIR LAUNCH IS NOT A SLOGAN — IT’S A STARTING LINE.

We’ve watched “launch” get redefined into:
private allocations, VCs, presales, team wallets, dev taxes, insider memecoin snipes, and supply schedules that make “early” the entire product.

A fair launch is simple:

Everyone gets the same code at the same time.
Everyone starts at block 0.
No premine. No ICO. No VC allocation. No hidden “foundation” wallet.
No mandatory reward diversion (“tax”) baked into consensus.
Emission is predictable and not designed to dump 90%+ of supply into the first couple years.
Everything is verifiable: tagged release, genesis parameters, deterministic chain spec, clear launch instructions.

Why people are tired (real examples):
Respect to the builders — but distribution is math, not marketing.

Bytecoin
“Fair” is hard to claim when reports say the majority of supply was already mined before the wider public even had a real chance to participate. That’s not block 0 equality — that’s history written before the crowd arrived.
Litecoin (instamine-window effect — visible on-chain)
Litecoin is often marketed as “no premine,” but early-chain economics matter.
At launch, blocks came far faster than the target rate before difficulty fully caught up. Many people point out ~10,091 blocks mined in the first 24 hours (that’s ~504,550 LTC at 50 LTC/block).
Not saying “secret mint” — saying “early miners got an enormous mechanical advantage,” and you can verify it by comparing heights and timestamps on any explorer.
Monero (no premine, but a steep early emission half-life)
Monero is respected because it didn’t do an ICO/premine, but its emission is a smooth curve with a short effective “half-life” early on.
There’s no headline halving day, yet the base emission roughly halves on a ~1.3–1.4 year timescale until tail emission begins.
It’s not “hidden” in code — but to newcomers it behaves like multiple halvings happened quickly, meaning early mining captured a disproportionately large share.
Zcash (the 20% “founders reward” / dev split)
For the first 8 years, ZEC block rewards were split: miners got 80% and 20% went to founders/organizations/beneficiaries. Call it “funding” — functionally it’s a protocol-level diversion from miners.
Pirate Chain (hyper-fast halving schedule)
Some chains halve so fast that supply is massively front-loaded.
Pirate has published a halving cadence of about ~270 days. With a 270-day halving, after only ~5 halvings (~3.7 years), a geometric schedule has already emitted ~97% of what it will ever emit. That’s “be early or be irrelevant” by design.
And now: endless ERC-20 sales, VC unlock cliffs, “community” coins where the community arrives after allocations, and memecoin sniping where block 0 is already over by the time you see the tweet.

Bitcoin set the standard.
Public code. No allocations. Mining from block 0. Predictable issuance. No “team wallet.” No insiders.

BitToken is built to bring that standard back.

0% premine
0% ICO / presale
0% VC allocation
No mandatory dev-tax baked into consensus
100% starts at block 0
Launch transparency: public repo + tagged release used for genesis, genesis hash/chain parameters, build instructions, and mining/validator guide published BEFORE block 0 so everyone can prepare equally.
Predictable emission: 21,000,000 cap; block rewards only; halving on a ~4-year cadence (exact params published with genesis).

Proof, not promises.
“Fair launch” is something you can verify:

Was the exact genesis release public BEFORE launch?
Was the chain spec/genesis hash published?
Did anyone get coins before block 0?
Is there any forced reward diversion?
Is the emission schedule reasonable, or does it front-load the supply into the first year?

If you’re tired of launches that are already over when you hear about them —
you already understand why BitToken exists.

Don’t trust. Verify. Show up at block 0.
Experimental software. Run at your own risk.

Litecoin explorer links (verify the “first-day blocks” discussion yourself):

References (for readers who want sources, not opinions):

WHY BITTOKEN
We forgot what “launch” used to mean.

BitToken is a return to first principles:
no insiders, no discounts, no allocations — distribution starts at block 0 and everyone competes on the same rules.

BitToken is different.
No special access. No backdoors. Just code, consensus, and cryptography.

FAIR LAUNCH / DISTRIBUTION
• 0% premine
• 0% ICO / presale
• 0% team allocation
• 100% mined (distributed through block rewards)

NETWORK
• Max supply: 21,000,000
• Target block time: ~3 seconds
• Consensus: Proof-of-Work (no staking, no delegates, no oligarchy)
• Validation: Permissionless (anyone can join)
• Smart contracts: EVM compatible (Solidity, MetaMask tooling)
• Privacy: Optional zk-SNARKs (when you want it — not forced)

EMISSION (PREDICTABLE + TRANSPARENT)
block reward only since genesis and halving every ~4 years

No hidden minting. No “foundation reserves”. No surprises.

TECH STACK (WHAT YOU’RE ACTUALLY RUNNING)
BitToken is built as a modern blockchain node in Rust, using the Substrate framework:
• A modular runtime (upgradeable code, but rules verifiable on-chain)
• Battle-tested networking + consensus plumbing
• Clean separation between node (networking/RPC) and runtime (economic + consensus rules)

EVM support is provided through a Substrate EVM compatibility layer (Frontier-style approach), so Ethereum developers can use familiar tooling.

Optional privacy uses zk-SNARK verification inside the runtime. If you don’t need privacy, you don’t have to use it. If you do, it’s there.

Substrate is not theory — real projects already run on it (e.g., Bittensor’s Subtensor chain). BitTensor.com

SOURCE CODE / LAUNCH
Before launch you’ll get:
• Public repository
• Tagged release used for genesis
• Genesis hash / chain parameters
• Build + run instructions
• Mining/validator guide + reference configs

At launch:
• Everyone mines from block 0.
No whitelist. No presale. No private allocations.

READY TO MINE? PREPARE YOUR ENVIRONMENT NOW

1) Install Rust (required)
Follow the official Rust install instructions:
https://www.rust-lang.org/learn/get-started/

2) Install build tools (Linux – Ubuntu/Debian)
sudo apt update
sudo apt install -y build-essential clang pkg-config libssl-dev cmake git curl

3) Have a real machine + bandwidth
You’re running a full node (networking + block verification). Treat it like infrastructure.

When the repo drops, it will be:
git clone <repo>
cd bittoken
cargo build --release
./target/release/bittoken-node --help

FINAL NOTES
This is experimental software. Verify everything. Read the code. Run at your own risk.

If you missed Bitcoin in 2009 and Ethereum in 2015 —
you don’t get many clean “block 0” launches left.

Be ready.