Frequently Asked Questions
Is Bincoin a token?
No. It is presented as an L1 monetary network, not a smart-contract token.
Is this a token sale?
No. Nothing on this site is for sale, and nothing ever will be: no presale, no allocation, no “early supporter” tier, no premine. The only way a Bincoin will ever exist is that somebody’s CPU mined it after genesis, under the same rules as everybody else’s CPU.
Why should I care?
Maybe you shouldn’t; this page will not talk you into anything. The pitch, stated once and flatly: every widely deployed cryptocurrency signature scheme is expected to fall to a sufficiently large quantum computer, and Bitcoin-style mining stopped being something a person does at home years ago. Bincoin is one serious attempt to keep the original promise — anyone verifies, anyone mines — standing through both of those endings. If that promise never mattered to you, nothing here will either.
How is Bincoin different from Bitcoin?
It keeps what aged well: the 21,000,000-coin hard cap, 10-minute blocks, UTXO accounting, proof of work, HD wallets. It replaces what would not survive the next few decades: ECDSA gives way to SQIsign post-quantum signatures (65-byte keys, 148-byte signatures), SHA-256 ASIC mining gives way to CPU-first RandomX v2, stepwise halvings give way to a smooth continuous emission, and peer connections are encrypted from the first byte. Details on the Specs page.
What is a nib?
A nib is the smallest unit of Bincoin. One Bincoin equals 100,000,000 nibs.
Is there a premine?
No.
Why does the site look old?
Because of the old internet feeling that one person with a machine can still matter.
Why is there no address search?
By design, not by omission. The node’s RPC surface has no address index and no transaction-by-txid lookup — surveillance-grade indexes are something an operator must consciously build and maintain outside consensus, not a default the node hands out. The block explorer works within those limits honestly: blocks by height or hash, transactions by a bounded scan back from the tip, and no address lookups at all.
When is mainnet?
When genesis is forged. There is no date, and none is promised here.
Is any preview data on this site real?
No. The chain is pre-mainnet: genesis has not been forged, so there is no live network, no real block height, and no real transactions. Any preview data shown anywhere on this site is a devnet snapshot, labeled as such.
Can I mine Bincoin right now?
Not against a live network — none exists yet. The miner and the sovereign P2Pool daemon are real, first-party binaries in the workspace; once the source release ships, you can build them and run them against a local regtest node. See Mining.