The supply began at nothing. It still contains nothing that was handed to anyone — only what a machine went and got.
Found by whom, and from what? Start at block zero.
The first block paid nothing to anyone. Every block after it paid exactly ten, and only to the machine that solved it. That is the whole issuance story, and it is public.
One square is 100 blocks. — blocks mined · — MBITE issued · the two cannot disagree.
Ten a block sounds arbitrary. What decides who gets it?
Three things happen on your machine, in order, for as long as you leave it on.
Unsettled payments are collected into a candidate block.
Mempool assembly. Each transaction is validated against consensus rules — scripts, inputs, signatures — before inclusion, because an invalid one forfeits the block.
Billions of attempts. Each is either under the threshold or thrown away.
RandomX hashes the header against the target implied by bits. Difficulty —, retargeting every 60 blocks toward the 120-second interval. Memory-hard and CPU-tuned, so commodity hardware stays viable.
Slow to find, immediate to confirm. That imbalance is the security.
The header propagates and each node re-verifies independently. The ten-MBITE subsidy matures after 100 blocks before it can be spent, which is what makes a reorganisation survivable.
Fine — but is anything actually running?
Read when you loaded this page, from the node itself. If it goes quiet, this section says so rather than showing you yesterday's number.
Tip —
Nothing for ten minutes. Treat this reading as stale.
Ten every two minutes, forever? No — and that is the point.
Ten becomes five, five becomes two and a half. No vote raises it: a chain that paid more is a chain every node already refuses.
A coin that stops paying its own miners has a problem. Ours is written down, not hidden: see ADR-011.
Every other way of deciding who gets new money ends up trusting whoever already holds the most of it, or whoever wrote the list of who may vote. Work cannot be granted to a friend.
RandomX is memory-hard and built for ordinary processors, which keeps the advantage of purpose-built hardware small. We will not say more than that: resistance to specialised hardware is a position defended over time, never a property finally won.
And it burns electricity. That is the mechanism, stated in the affirmative — a coin that costs nothing to make is worth what it cost to make.
Then the code had better be readable. It is, and most of it isn't ours.
MoonBite Core is a fork of Litecoin Core, itself a fork of Bitcoin Core. We say that first so you don't have to find it. The inherited code carries a decade of review; what deserves attack is the delta below.
| Parameter | MoonBite | Upstream |
|---|---|---|
| Proof of work | RandomX, CPU, memory-hard | scrypt |
| Block target | 120 s | 150 s |
| Subsidy | 10 MBITE | 50 |
| Halving | 1,650,000 blocks | 840,000 |
| Retarget | 60 blocks | 2,016 |
| Address | bech32 moon1… | ltc1… |
| P2P port | 9444 | 9333 |
| Derivation | BIP39 → BIP84 m/84'/2'/0'/0/0 | unchanged |
| Audit | None commissioned | — |
No audit, said out loud. What else isn't finished?
So how would you hold one?
Twelve words generated on your machine. Standard BIP39 and BIP84, so any compatible wallet rebuilds the same addresses.
Download →Your address, one command, then leave it running. Anything you find is spendable a hundred blocks later.
Start →There is no third door. MBITE trades on no exchange and has no market price. Nobody can sell you one today, and anyone offering to is lying.
Still suspicious? Good.