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#FollowTheWhiteRabbit
Whitepaper

About Bit

Bit is a decentralized cryptocurrency built on the foundations of transparency, scarcity, and individual empowerment. Relaunched with a focus on community-first principles, Bit is powered by the proven and efficient Scrypt AuxPoW consensus mechanism — enabling secure mining while supporting merge-mining compatibility. But Bit is more than just a blockchain. It’s a symbol — a shift in mindset. To Follow the Bit means to follow the white rabbit — and step outside predefined systems, inherited trust, and artificial limits. It’s a path chosen by those who question legacy structures and opt into something freer, simpler, and driven by truth rather than trend. Bit isn’t here to replicate the old world — it’s here to rewrite the rules entirely. One block at a time.
"FollowTheBit"
Coin supply: 2,116,182 B1T, initial block reward: 5 B1T, block halving: every 210,000 blocks, block time: 1 minute.

Why B1T?

B1T is a faster and more scalable alternative to Bitcoin. With 1-minute block times, more frequent rewards and sustainable mining incentives.
FeatureBitcoin (BTC)Bit (B1T)
Block Time10 minutes1 minute
Blocks per 10 Minutes110
Transaction Fees per BlockSame, but fewer blocksSame, 10x more frequent
Fees per 10 Minutes1 block10 blocks
Mining Incentive Post-RewardLower payoutsMore frequent payouts
Impact on HashrateMay dropLikely stable or grow
Network StabilityLower if hashrate dropsHigher, faster confirmations
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For Newcomers: A straightforward entry into blockchain and cryptocurrency.
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For Latecomers: A chance to participate in a unique, limited-supply project.
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For Miners: An opportunity to use your SCRYPT ASICs and support a fast-growing network!

Services

Bit offers various services for the community.
💼

Wallet

Secure your B1T in our official wallet with advanced security features.

⛏️

Mining

Participate in the mining network to validate blocks and earn B1T rewards.

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Exchanges

Trade B1T on our partner exchanges with various trading pairs.

Contact

You can reach us through the following channels:
📧

Email

bitcoremototoshi@proton.me

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GitHub

bittoshimoto/Bit

FAQ

What is Bit (B1T)?

Bit (B1T) is a decentralized cryptocurrency based on the Bitcoin protocol. It uses the SCRYPT Proof of Work algorithm and offers faster block times (1 minute) compared to Bitcoin (10 minutes).

How can I start mining B1T?

To start mining B1T, you need SCRYPT-capable mining hardware. You can join a mining pool or mine solo if you have sufficient hashpower. Visit our GitHub page for guides on setting up a node and mining client.

Where can I buy or trade B1T?

B1T is available on various cryptocurrency exchanges, including SafeTrade, XeggeX, and Exbitron. For more information, check the "Links" section on our website.

What are the advantages of B1T compared to Bitcoin?

B1T offers several advantages over Bitcoin, including faster transaction confirmations (1 minute vs 10 minutes), more frequent block rewards for miners, and a more sustainable structure after the block reward phase due to more blocks per time unit.