Bitmap Privacy Chain
02 / ECONOMICS

Demand by design.

Bitmap is not a gas token. It is a scarce eligibility asset required to operate the network; BTCB prices execution and BTC secures settlement obligations.

PARAMETERS SUBJECT TO GENESIS APPROVAL
01ASSET ROLE SEPARATION

Four assets. Four explicit jobs.

BITMAPValidator eligibility

A non-fungible Bitcoin-native asset locked to qualify one validator seat. It is not consumed as gas and is not protocol-issued.

BTCBExecution gas

The launch gas unit for EVM computation, priced and accounted separately from validator eligibility.

BTCReserve & settlement

Native Bitcoin enters through governed adapters and collateralizes settlement obligations and validator bonds.

WBTCEVM liquidity

An optional adapter asset for compatible applications; its issuer and bridge risk remain external to chain consensus.

02BITMAP LOCK DEMAND

The active set requires 44,100 distinct Bitmap.

21 validator seats × 2,100 Bitmap per seat = 44,100 locked Bitmap

One Bitmap cannot satisfy more than one concurrent seat. Eligibility is verified against Bitcoin ownership and the protocol lock registry.

ACTIVE SEATS21BFT validator target
PER SEAT2,100Bitmap locked
FOUNDATION CAP≤ 6 / 21Maximum controlled seats
ACTIVE DEMAND44,100Distinct Bitmap, assuming all seats active
REUSE0×Across concurrent seats
UNLOCKDelayedExit queue + fault window

This model creates protocol-level utility and lock demand. It is not a price promise, yield promise or forecast of secondary-market performance.

03VALIDATOR UNIT ECONOMICS

Revenue follows verified work, not a fixed APY.

Validator net revenue = execution fees + privacy fees + checkpoint fees − operating cost − slashing lossSeat share = signed eligible blocks ÷ total eligible signatures
FLOWDRIVERCONTROL
Execution feesGas consumed × prevailing base/priority feeProtocol fee market
Shielded feesProof verification + state growthProof-cost schedule
Checkpoint feesBitcoin anchoring and batch cadenceGoverned budget ceiling
Penalty exposureDouble-sign, invalid state or prolonged absenceObjective evidence + appeal window
04TREASURY POLICY

Revenue recycles into security and Bitmap alignment.

SOURCEPOLICYDISCLOSURE
Foundation validator revenue15% of net revenue is allocated to acquiring Bitmap for the strategic reserve.On-chain reports
Remaining net revenueOperations, audits, prover infrastructure, Bitcoin checkpoint fees and ecosystem grants.Quarterly allocation
Strategic reserveSubject to custody policy, purchase limits and non-rehypothecation rules.Address attestations
05INVESTOR DILIGENCE

Measure adoption, concentration and real fee demand.

SECURITYBitmap lockedActive / queued / exiting
CONCENTRATIONNakamoto coefficientSeats, operators and ownership
USAGEFee-paying txPublic vs shielded
ECONOMICSReal fee yieldNo incentive subsidy masking
PRIVACYShielded setNotes, value and churn
TREASURYReserve proofAssets, liabilities and policy spend
Risk boundary

Bitmap scarcity does not guarantee validator profitability or asset appreciation. Results depend on application demand, security performance, legal constraints, bridge reliability and market liquidity.

NEXTDeveloper integration →