[ANN] BITRUBIN (BRBN) – Burn Bitcoin. Create BITRUBIN.
BURN BITCOIN. CREATE BITRUBIN.
Built on Bitcoin. Verified by rules.
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What is BITRUBIN?
BITRUBIN is an experimental digital monetary protocol designed to use Bitcoin as its only blockchain and consensus foundation.
The goal is to create an independent, scarce digital monetary system that builds on Bitcoin instead of creating another blockchain.
Bitcoin remains the foundation. BITRUBIN builds on it.
1. The technology
BITRUBIN follows five central principles:
- Bitcoin is the only blockchain.
- No separate mining or validator network.
- No independent BITRUBIN consensus.
- Independent verification through Bitcoin Core full nodes.
- Deterministic rules for all token calculations.
BITRUBIN CORE is designed to independently verify Bitcoin transaction history and derive the BITRUBIN monetary state.
2. Two digital assets
BITRUBIN (BRBN)
- Public target supply: 2,100,000 BRBN
- Founder allocation: 63,000 BRBN
- Developer allocation: 42,000 BRBN
- Maximum planned supply: 2,205,000 BRBN
- Precision: 38 decimal places
BITPEARL (BPRL / Pearls)
- Public target supply: 700,000 Pearls
- Founder allocation: 21,000 Pearls
- Developer allocation: 14,000 Pearls
- Maximum planned supply: 735,000 Pearls
- Four distribution epochs
- Halving of the Pearl allocation rate in each successive epoch
Pearls require valid BRBN issuance. They cannot be independently issued.
3. Bitcoin-based issuance
The proposed issuance mechanism uses positive BTC values in qualifying unspendable OP_RETURN outputs.
BITRUBIN CORE is intended to verify:
- Bitcoin transactions and outputs
- OP_RETURN output values
- Blockchain inclusion
- Confirmation depth
- Unique transaction events
- Deterministic issuance rules
An important technical question remains: positive-value OP_RETURN outputs have not yet been demonstrated to work with Bitcoin Core standardness and relay policy on Signet.
The recipient rule and other verification details must also be finalized before activation.
4. Security
Every participant is intended to operate an independent Bitcoin Core full node.
A second independently operated node provides an additional comparison of Bitcoin chain data.
BITRUBIN does not introduce a second blockchain or attempt to replace Bitcoin consensus.
Its security ultimately depends on Bitcoin's consensus security.
5. Monetary concept
The nominal accounting definitions are:
1 BTC = 1 BRBN
1 satoshi = 1 Rubini
These are accounting definitions, not promises of market value, BTC backing, redemption or guaranteed exchange rates.
6. Development status
BITRUBIN is currently a research and prototype project.
The architecture and monetary concept are documented. The next important steps include:
1. Testing positive-value OP_RETURN transactions on Signet.
2. Finalizing recipient and verification rules.
3. Implementing BITRUBIN CORE.
4. Testing deterministic calculations.
5. Independent security review.
No production-ready issuance system is being claimed.
7. Project vision
BITRUBIN aims to explore a new way of building an independent monetary system on Bitcoin.
The objective is simplicity, scarcity, transparency and independent verification.
BURN BITCOIN. CREATE BITRUBIN.
One blockchain. Transparent rules. Independent verification.
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Official Project Links
Website:
https://safran3388-oss.github.io/BITRUBIN-Project-/GitHub:
https://github.com/safran3388-oss/BITRUBIN-Project-English Whitepaper v2.3:
https://github.com/safran3388-oss/BITRUBIN-Project-/blob/main/WHITEPAPER_EN_v2.3.mdDevelopment Status:
https://github.com/safran3388-oss/BITRUBIN-Project-/blob/main/DEVELOPMENT_STATUS.mdRoadmap:
https://github.com/safran3388-oss/BITRUBIN-Project-/blob/main/ROADMAP.md---
Project: BITRUBIN
Ticker: BRBN
Second asset: BITPEARL (BPRL)
Author: Faycal Hammouti
Blockchain: Bitcoin only
Status: Research / Prototype
This is an experimental research project, not an investment offer. No token issuance or production launch is currently announced.
