Bigcoin: A Peer-to-Peer Electronic Big Cash System
Satoshi Bigmoto
aka ”bigtoshi”
bigcoin (dot) tech
Abstract
Bitcoin is the most iconic and successful cryptocurrency ever created. Its simplicity,
fixed supply, and halving-based emission schedule have stood the test of time. This is
objectively the greatest token mechanic ever created. Bigcoin is built on this truth.
Bigcoin’s mission is simple: to become the most recognized token in the world; it is
Bitcoin, but bigger. It takes the exact mechanics that made Bitcoin legendary and
scales it with precision and purpose. Bigcoin is launching as the largest token economy
on Abstract, the biggest consumer chain. With a fixed supply of 21 million, a halving
schedule every 4,200,000 blocks, and a fully onchain mining system, Bigcoin reboots
the Bitcoin playbook for a new generation of users.
1 Introduction
Everyone knows Bitcoin. It’s the most well-known and widely recognized cryptocurrency in
the world. People understand it: a fixed supply, decentralized mining, and halving every
few years. But for the next generation of users, gamers, creators, investors, new entrants to
crypto; Bitcoin is too expensive, too slow, and too disconnected from the worlds they live
in.
Bitcoin relies on proof-of-work mining. However, buying physical mining hardware is
expensive, dominated by monopolistic mining pools, and nearly impossible for new entrants
to participate meaningfully. Bigcoin flips this dynamic, offering accessible, onchain mining
with no hardware requirements, using the same economic foundation and decentralization
that made Bitcoin work. By utilizing onchain mining, Bigcoin makes the most iconic token
model accessible, earnable, and understandable by anyone.
Bigcoin aims to become the most recognized coin on the planet by combining
the proven emission mechanics of Bitcoin with viral, community-driven incen-
tives.
2 Supply Cap and Distribution
Bigcoin has a fixed supply of 21 million tokens. Emission follows a geometric distribution:
∞ i
X 1
S= R0 · Nh · = 21, 000, 000 (1)
i=0
2
1
3 Halving Schedule
Bigcoin follows a halving mechanism inspired by Bitcoin. The reward per block is 2.3 $ BIG
and halves every 4,200,000 blocks, approximately every 53.5 days assuming a 1.1-second
average block time.
Bigcoin Halving Schedule
2.5
2
Bigcoin per Block
1.5
0.5
0
0 0.42 0.84 1.26 1.68 2.1
Block Number 7
·10
Figure 1: Emission rate of Bigcoin per block over time. Halves every 4,200,000 blocks.
Block Emission Formula
j k
n
1 Nh
Rb (n) = R0 · (2)
2
Where:
• R0 = 2.3 is the initial emission rate (Bigcoin per block)
• n is the current block number
• Nh = 4, 200, 000 is the halving interval in blocks
4 Onchain Mining
Players acquire miners and facilities, each contributing to a user’s total hashpower. Mining
rewards are distributed every block, proportionally to each player’s share of the network
hashrate.
2
Hashpower Contribution
Let:
• hi be the hashpower of player i
• H be the total network hashpower: H =
P
hi
• Rb be the Bigcoin emission rate per block
Then the Bigcoin reward for player i in a block is:
hi
Ri = · Rb (3)
H
Miners
Miners are used to gain hashrate in the network. Every miner has three fields:
• Hashrate: The amount of hashrate provided by this miner.
• Power Consumption: The amount of electrical power required to operate this miner.
• Cost: The cost in $ BIG required to purchase this miner.
Miners can be purchased at any time using $ BIG, as long as the facility has room.
Facilities
Facilities house miners. Facilities can be upgraded using $ BIG, but there is a 24-hour
cooldown before the next upgrade. Every facility has three fields:
• Total Miners: The total number of miners this facility can hold.
• Power Output: The total amount of electrical power this facility can output.
• Cost: The cost in $ BIG required to upgrade to this facility.
The following constraint must be satisfied:
X
(Power Consumption of all miners in facility) ≤ Facility Power Output
3
5 Initialization, Referrals, and Burn Mechanics
Players begin by purchasing their initial facility with a small amount of ETH to prevent sybil
attacks. This facility comes with an optional free miner to kickstart mining immediately.
After initialization, all further miners and facility upgrades are purchased in $ BIG.
Bigcoin incorporates both deflationary pressure and viral growth incentives through its
referral and burn mechanics:
• Burn Mechanic: 75% of all miner purchases and facility upgrades are permanently
burned, reducing total supply over time.
• Referral Rewards: 2.5% of all mined rewards are allocated to the referring address,
creating a sustainable incentive for user-driven onboarding.
These systems ensure there’s a constant $ BIG sink while rewarding early growth and
long-term participation.
6 Contract Address
• Bigcoin Token: 0xDf70075737E9F96B078ab4461EeE3e055E061223
• Main Program: 0x09Ee83D8fA0f3F03f2aefad6a82353c1e5DE5705