Bitcoin Solaris is officially live on the Solana blockchain. Other than its innovative dual-consensus system, it has a hard cap of 21 million tokens. The development is largely focused on providing quicker transaction speeds and lower energy consumption when stacking sats, compared with original Bitcoin’s blockchain. Its novel approach to consensus and token distribution is meant to benefit miners, early investors, and the community at large.

Dual-Consensus Mechanism

Bitcoin Solaris is designed under a dual-consensus system, infusing benefits of both Proof-of-Work (PoW) and Solana’s PoS (Proof-of-Stake) consensus mechanisms. The Proof-of-Work (PoW) aspect of the PoW/PoS hybrid protects the base layer of the blockchain, making it immutable and preventing double-spending and other attacks to the network. This approach retains the security benefits of PoW while benefiting from the efficiency gained through PoS.

At the same time, it leverages Solana’s technology to make Bitcoin Solaris capable of processing up to 10,000 transactions per second (TPS). Each transaction is confirmed within 2 seconds. That’s huge, and a far cry from Bitcoin’s slow transaction speeds, allowing Bitcoin Solaris to be used for much more varied applications.

Eco-Friendly Mining

Bitcoin Solaris could count on an environmentally-conscious mining infrastructure that uses 99.95% much less power than standard Bitcoin mining. This decrease in energy use has come mostly from the adoption of more energy-intensive mining algorithms and mining hardware. It answers criticisms from environmental advocates related to the environmental impacts of cryptocurrency mining.

By doing so, Bitcoin Solaris hopes to attract a younger, greener breed of users and investors who are increasingly concerned about environmental issues. The ambition behind the project fits within a larger movement to reduce environmental impact within the blockchain space.

Token Distribution

The distribution structure of Bitcoin Solaris in terms of its tokens aims to incentivize all participants and stakeholders of the ecosystem. 66.66% of the tokens are set aside for mining rewards. This incentivizes everyone on the network to behave honestly and contribute to the network’s security and validation processes.

The presale allocation is 20% of the total supply of tokens. This represents an incredible opportunity for initial investors to purchase BTC-S tokens at $0.75. Liquidity pools have been assigned 5% of the tokens. This is important because when traded on decentralized exchanges with low liquidity, it could result in extreme price fluctuations.

Ecosystem development, Community Rewards, Marketing, and Staking rewards are each given 2% of the token allocation. These allocations provide financial support for the growth of Bitcoin Solaris and the continued adoption and development of Bitcoin Solaris. They empower and reward community members for their contributions. Allocating the team and advisors a total of 0.33% of the tokens.

Referral Program

Bitcoin Solaris has a referral program that allows users to earn rewards for bringing new users to the platform. Referrers earn $5 in BTC-S tokens for each successful referral. This community-focused program both encourages the development of a vibrant community and increases the user base of Bitcoin Solaris.

Designed with a win-win through-and-through mentality, the referral program. As new users join the platform, users that referred them are compensated for their work in spreading the word about Bitcoin Solaris. Through the program, TSTC empowers grassroots support to grow organically and spontaneously.

Limited Token Supply

Designed with a hard cap of 21 million tokens, Bitcoin Solaris mimics Bitcoin’s scarcity model. Similar to Klonsky’s temple example, this artificial scarcity is designed to gin up demand, build cachet, and shield against inflation. This limited supply of BTC-S tokens will further increase demand as the network increases in adoption.

Its supply is capped at 21 million tokens, meaning that no more tokens ever will be created past that number. This scarcity, without increasing demand, may create conditions for BTC-S tokens to appreciate in value over time.