bit2coin Economics (Draft)

Supply and issuance

• Target ethos: Bitcoin-like scarcity. Options:
• Fixed cap mapped from BTC snapshot + vesting and rewards drawn from fees and small tail emission; or
• Conservative tail emission (e.g., ≤1%/yr) to sustain security budget.

Rewards and penalties

• Reward split: proposer:attestors = 1:9 (tunable).
• Target participation: 67–75%.
• Slashing: 1–2% for double-sign; 0.5–1% for surround; inactivity leak up to 5%/month when participation < 2/3.

Parameters (defaults; see genesis params)

• Block time: 5–10s.
• Unbonding: 21–28 days.
• Warm-up: 7 days.
• Optional treasury fee on rewards (2%) for first 24 months; auto-sunset.