Purpose This STP, named Blue Sky, proposes B20, an evolution of Bitcoin with far less carbon emission. If passed, B20 will be fairly and 1:1 airdropped to all Bitcoin holders as if it were a straightforward Bitcoin fork. There will be no pre-mining, new issuance, or ownership misappropriation. B20 will…

Purpose This STP aims (i) to assure the community that the hashrate backing BTCST is sufficiently decentralized and over-collateralized and (ii) to clarify the process with which BTCST will restore hashrate in the unlikely event of hashrate instability. Details The team has received many inquiries about BTCST’s hashrate stability in…

Purpose This STP proposes to make Restorative Rebase described in STP 8 take effect immediately when the TWAP of a τAsset drops below 1.0. The STP aims to eliminate the perverse incentive for certain market participants to rush to sell τAsset before a fixed time of a day to front-run…

Today (May 14, 2021) at approximately 10:00pm (SGT, UTC+8), BTCST’s implementation of STP 9: τDoge Initial Liquidity and Airdrop Parameters will come online. BTCST, τDoge, and Dogecoin (BEP 20 version) holders will become the recipients of τDoge airdrops and will be eligible to stake and mine τDoge. This post, discussing…

Today (May 14, 2021) at approximately 10:00pm (SGT, UTC+8), BTCST’s implementation of STP 9: τDoge Initial Liquidity and Airdrop Parameters will come online. BTCST, τDoge, and Dogecoin (BEP 20 version) holders will become the recipients of τDoge airdrops and will be eligible to stake and mine τDoge. This post, discussing…

Today (May 14, 2021) at approximately 10:00pm (SGT, UTC+8), BTCST’s implementation of STP 9: τDoge Initial Liquidity and Airdrop Parameters will come online. BTCST, τDoge, and Dogecoin (BEP 20 version) holders will become the recipients of τDoge airdrops and will be eligible to stake and mine τDoge. This post, answering…

Purpose This STP 9 decides the initial liquidity and airdrop parameters of BTCST’s second synthetic asset, τDoge. If STP 9 is passes, synthetic mining of τDoge by BTCST stakers and airdrops for other ecosystem participants will commence via BTCST’s dApp on Friday, May 14, 2021 at 08:00pm (SGT). Details With…

Purpose This STP proposes Restorative Rebase, an improved way for τBitcoin to conduct deflationary rebase (e.g., bringing the relative price of τBitcoin compared to Bitcoin back to 1). If STP 8 is passed, Restorative Rebase will be activated for τBitcoin on or by April 30, 2021 at 08:00pm (SGT). Details …