PURPLE BITCOIN $PBTC

What is Purple Bitcoin (PBTC)

PBTC is a cryptocurrency launched on the Solana blockchain.

According to the authors, PBTC aims to combine the 'value model' of Bitcoin (scarcity, store of value) with the advantages of Solana—high speed, low fees, and less energy consumption.

🔧 Mechanics and Tokenomics

PBTC has a hard cap on total supply: ~ 19.3 million tokens (according to sources).

This means the token aims to be 'limited in quantity,' which partially replicates the Bitcoin model.

PBTC is positioned as deflationary: some tokens are 'burned' during transactions, which reduces the circulating supply—theoretically making the remaining tokens 'more valuable' over time.

The authors claim that after launch, control over the token (mint/freeze rights) was 'renounced'—meaning the developers relinquished control, which makes PBTC 'decentralized' by their design.

🎯 Idea and Goals of the Project

The main goal is to provide an alternative to Bitcoin, but with technological advantages: fast and cheap transfers, a more environmentally friendly PoS/PoH blockchain (Solana), and functionality suitable for modern DeFi or smart contracts.