BigCoin

BigCoin

High-risk abstract

At a high level, Bigcoin is an onchain simulation game that mimics Bitcoin: buy miners, host them in facilities, and...

About BigCoin

At a high level, Bigcoin is an onchain simulation game that mimics Bitcoin: buy miners, host them in facilities, and passively mine $BIG coins.  The more miners you own, the more hashrate you control, and the higher your $BIG rewards. Additionally, Bigcoin copies Bitcoin’s reward mechanisms.  The proportion of the total network hashrate is the proportion of each block’s rewards you earn.  There are also reward halvings just like Bitcoin, based on the number of blocks eclipsed. The first thing that users do is purchase their first facility.  This function contains the logic for it – it sets up the initial facility, assigns it to the user, and emits an event so the frontend can register this action.  This facility is paid for in ETH. User get one free (potato) miner.  They call this function to get their free miner and set the coordinates in the facility of the miner.  It also increases the user’s total hashrate. Miners can be sold, but users do not receive $BIG in return.  Miners should only be sold if users need space or wattage to buy better miners for their setups. Buying new facilities is similar to buying new miners.  Users need sufficient $BIG and they also need to wait 24 hrs between upgrades.  The bigcoin used to upgrade facilities is also burned.

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