$BYTE Economy

The Byte Economic Model

ByteBlockchain is designed to make crypto mining simple, fair, and rewarding while ensuring sustainable growth for the network. We aim to strike a balance between accessibility and scarcity, allowing users to mine more BYTE as they contribute to the ecosystem. Our goal is to build an economic model that is transparent, intuitive, and scalable, making it easy for anyone to participate.

Byte’s Economic Model Design Requirements:

✅ Simple – An intuitive and transparent model for all users. ✅ Fair Distribution – Ensuring that a wide range of users can access $BYTE. ✅ Scarcity – A controlled supply model to sustain BYTE’s long-term value. ✅ Meritocratic Mining – Rewarding active contributions and network growth.

$BYTE – Token Supply

Token Emission Policy

Total Max Supply = M + R + D

• M = Total Mining Rewards

• R = Total Referral Rewards

• D = Total Developer Rewards

M = ∫ f(P) dx where f is a logarithmically declining function

• P = Number of Participants (e.g., 1st, 2nd, 3rd miner, etc.)

R = r * M

• r = Referral Rate (50% total, split 25% for referrer & referee)

D = t * (M + R)

• t = Developer Reward Rate (25%)

M – Mining Supply (Fixed Mining Supply Per User)

Unlike Bitcoin, which has a fixed total supply, ByteBlockchain assigns a fixed amount of $BYTE per user, which is released gradually based on their activity and network contribution. Mining rewards decrease logarithmically over time, ensuring early adopters earn more while still allowing new users to participate.

R – Referral Supply (Shared Mining Bonus for Referrers & Referees)

To ensure a fair and widely distributed currency, the protocol generates a fixed amount of $BYTE per referral. Both the referrer and referee share the mining bonus, but only while they are actively mining. This prevents exploitative referral systems where early adopters profit unfairly from passive referees.

D – Developer Reward Supply (Ongoing Development Funding)

ByteBlockchain funds its development through a progressive developer reward that is minted alongside mining and referral rewards. Unlike traditional models where a fixed supply is pre-allocated, our approach aligns incentives—ensuring developers continuously work to expand and improve the ecosystem.

Mining Rewards Decrease Over Time

Early adopters mine at a higher rate, but as the network grows, mining rewards gradually decrease. This encourages early participation while preventing extreme wealth concentration. The model is designed to balance long-term sustainability with early growth incentives—rewarding users who help build ByteBlockchain from the start.

Mine. Earn. Grow. Power the Future with ByteBlockchain. 🚀