BUILDING NOW · LAUNCHING ON BITCOIN L1

The first decentralizedsecurity-budget layer for Bitcoin.

Bitcoin's security budget runs out on a clock. BIT Protocol is the first fully decentralized, on-chain layer being built to refill it.

Read the BITpaper GitHub

$BIT — live on Bitcoin L1

Fair-mint, on-chain, from genesis.

Total minted389TBIT, summed across the bits field

Holders3,261and growing

Mints948,921per-Bitcoin-block, since deploy

Bitcoin's security budget needs a new floor.

The subsidy decays each halving, and transaction fees alone won't carry it. BIT Protocol fills the gap.

01 · The problem
Bitcoin's security budget is on a clock.
Miners earn from two streams: the block subsidy (newly-minted BTC) and the transaction fees users pay to get into a block. Every halving cuts the subsidy in half. With each cycle, the network depends more on the fee market — a market that's been volatile, sometimes near-zero, and never load-tested as Bitcoin's sole security funding. There is no protocol-level mechanism today to add a third revenue stream.
02 · The gap
Today only $NAT pays miners. One ticker, by hardcode.
Of every per-block-anchored token on Bitcoin L1, exactly one — $NAT — routes its emissions to the miners of the block. The path is hardcoded for that one ticker in the upstream protocol; it exists nowhere else. Every other token's emissions still flow to the inscriber. We think the right to subsidize Bitcoin should belong to every project that wants to, by the same rules, with no gatekeeper.
03 · The fix
Open the same path to every token.
BIT Protocol takes the same primitive and opens it to every token. A small grammar, an opt-in inscription, an advance-notice floor. Miners get a new, deploy-funded contribution to the security budget — from every project that opts in, not just one.

Three things, by the same rules.

PILLAR 01

Permissionless emission redirection.

Any deployer inscribes a redirect rule with up to eight buckets pointing at recipients. A 144-block notice floor protects holders on every change. No source patches, no gatekeepers — same grammar for every project.

PILLAR 02

On-chain incentive for solo miners.

A solo-coinbase-output bucket pays solo blocks directly, with optional Powerball-style accumulation. A direct push toward hashrate decentralization at Bitcoin's base layer.

PILLAR 03

One DMT index. One API.

The indexer covers the new grammar and every existing DMT-class asset on Bitcoin L1. Exchanges integrate one API and get balances, transfers, and trades for $BIT, $NAT, and every DMT token in scope.

One op. Three recipients. Eight buckets.

One JSON op, three recipient types, eight buckets per rule, weights summing to 10,000 basis points. Deployer-authorized. Every change waits 144 blocks before it activates.

{
  "p": "bit",
  "op": "redirect",
  "tick": "<tick>",
  "act": <block_height>,
  "rule": {
    "type": "weighted-split",
    "must_sum_to": 10000,
    "buckets": [/* up to 8 */],
    "solo_classification": { /* optional */ }
  }
}

Up to 8 buckets per rule. Weights in basis points, must sum to 10,000.
Activation height ≥ 144 blocks after inscription.
Authorization: only the deployer of the tick can submit a redirect rule.
Re-inscribing replaces the rule with the same 144-block notice floor.

coinbase-outputshielded: yes
Pays the block's coinbase outputs, pro-rata by output value. Paid every block.
solo-coinbase-outputshielded: yes
Same, but only on solo-classified blocks. Optional accumulator escrow on non-solo blocks.
addressshielded: no
Single fixed BTC mainnet address. Treasury, tribute, or maintainer wallet.

What deployers can build.

BITCOIN SECURITY BUDGET

Refilling the floor.

Pay-the-block-winner

Steady payout to coinbase outputs, pro-rata by value. Single bucket, simplest possible rule.

Solo-miner programs

Bias emissions toward independent miners. Direct on-chain incentive for hashrate decentralization.

Solo-jackpot accumulator

Pool blocks build escrow; the next solo block sweeps the pot. Powerball for Bitcoin.

Hybrid pool / solo splits

Any combination of pool + solo + accumulator at deployer-chosen weights.

BEYOND THE BUDGET

What else the grammar admits.

Project treasuries and DAOs

Fixed-address bucket for treasury, audit reserve, or multi-sig. Publicly visible, immutable without notice.

Cross-token tribute

A bucket directed at a predecessor project's wallet. Automatic, on-chain, no bridge needed.

Public-goods funding

Programmatic funding for open-source maintainers, research, audits, or protocol development.

Autonomous agent treasuries

AI agents and bots funded by deploys that opt in. The protocol pays; the agent runs.

How we ship.

Three phases. Code first, then launch, then open the protocol to other builders.

PHASE 01

MVP — Live on Bitcoin L1

Indexer, validator, and per-block dispatcher
Element 11 no-pattern deploys — covers $NAT, $BIT, and any new deploy in this shape
$BIT's first redirect rule, decided by community vote
Independent third-party audit clears before launch
First-party DEX ships in parallel

In progress

PHASE 02

Expansion — More elements, more tools

Pattern-based element-11 deploys (UNAT-style)
Elements 4 and 10, prioritized by community vote
v2 grammar with richer recipient types
Bridges and liquidity infrastructure
Pace driven by demand

Queued

PHASE 03

Ecosystem — Builders welcome

SDKs and hosted indexer endpoints
Deploy and rule-management tooling
Mining-pool BD partnerships
Every new token compounds the security-budget surface