$BIT
The bit of Bitcoin.
Mined from the bits field of every Bitcoin block since genesis.
Three things to know.
It is a token. The token is the bit. The bit is the field.
Mined from the bits field
Every Bitcoin block has a bits field — the difficulty target of the chain. $BIT is the DMT token of that field.
Fair mint, no premine
First-come-first-served. No team allocation, no presale, no insiders. Inscribe and mint, like ordinals are meant to be.
Bitcoin-native
Inscribed directly on Bitcoin via Ordinals and TAP Protocol. Bitcoin L1 is the source of truth — every mint and every balance is recorded on chain.
What the bits field is.
Field 11 in the DMT spec. The difficulty target of every Bitcoin block. The thing $BIT is named after.
The bits field encodes a block’s difficulty target. It’s 4 bytes, structured as a 1-byte exponent and a 3-byte coefficient (mantissa).
The integer value of that field is what miners must beat with their block hash. It’s a compressed representation of the proof-of-work threshold.
In Digital Matter Theory, this field is “matter” — non-arbitrary data inside Bitcoin that can be tokenized. $BIT mints from it.
Final mint function (f) being finalized — see bitpaper.
Before the coin, there was the bit.
Five marks on a long line.
- 1948
Shannon coins the bit
Claude Shannon defines the bit as the fundamental unit of information. Information theory is born.
- 2008
Satoshi names Bitcoin
The whitepaper combines `bit` with `coin`. The smallest unit of value in the network borrows the name of the smallest unit of information.
- Block 0
Genesis encodes a bit field
Every Bitcoin block carries a `bits` field — the encoded difficulty target. From block zero, the bit was always there.
- 2023
DMT crystallizes the field
Digital Matter Theory reads the `bits` field as primary matter — non-arbitrary data inside every Bitcoin block, ready to be tokenized.
- Now
$BIT is named after the field
The token of the bit. The unit, tokenized.
“The bit was always there. We named it.”
Fair-mint. No premine. Just bits.
- Protocol
- TAP Protocol on Bitcoin Ordinals
- Field
- Field 11 — bits
- Fair mint
- 100%
- Premine
- 0%
- Start block
- Any unminted Bitcoin block — first-valid-inscription wins
- Supply
- Σ bits over every minted Bitcoin block
Verify the deploy inscription ID before transacting. Tickers are case-insensitive and unique-first-deploy on TAP.
Mint $BIT in four steps.
Inscribe a TAP dmt-mint ordinal on Bitcoin. That's it.
- 01
Get a TAP-aware wallet
OrdinalsWallet, UniSat, or any wallet that supports inscribing arbitrary JSON ordinals. Load it with BTC for inscription fees.
- 02
Pick an unminted block
Each Bitcoin block can mint $BIT exactly once. Use a TAP indexer (e.g. tap-reader, trac.network) to find blocks that haven't been claimed yet.
- 03
Inscribe the dmt-mint ordinal
Broadcast a `dmt-mint` JSON inscription pointing to the deploy inscription and the target block height. The protocol indexer credits the first valid inscription per block.
- 04
Verify in your wallet
TAP-aware wallets show your $BIT balance once the inscription confirms. From there, hold, transfer, or list on a TAP-aware marketplace.
{ "p": "tap", "op": "dmt-mint", "dep": "9424802e38fc889969417cd90df4c4147209d2a83ed83798c0c4aa4391ad36e5i0", "tick": "bit", "blk": "14257"}Questions.
If yours isn't here, ask on X.