How Purple Bitcoin Works
A Safe and Deflationary Vision for Cryptocurrency
The cryptocurrency market has been an unkind teacher for many—offering lessons in volatility, scams, and broken promises. Purple Bitcoin (PBTC) was created with a different purpose: to provide investors with a secure, dependable token built on principles of scarcity and transparency.
The Purple Bitcoin Burn Mechanism
Tiny Fees in Every Transaction
With every transaction on the Purple Bitcoin (PBTC) platform, a small fee of 0.0000096 SOL is collected.
Pooling the Fees
All collected fees are aggregated into a secure smart contract, ensuring efficient and cost-effective burning.
Periodic Burning
At regular intervals, accumulated fees are converted into PBTC tokens and permanently removed from circulation.
Dynamic Burn Amounts
The amount burned varies based on transaction volume and platform activity, amplifying scarcity over time.
Increased Token Value
By reducing the total PBTC supply with every transaction, the burn mechanism creates long-term scarcity, driving up potential value.
Cost-Efficient System
Pooling fees and burning periodically ensures lower operational costs, making PBTC's burn mechanism sustainable.
Transparent Process
Every burn is recorded on the Solana blockchain, ensuring complete transparency for PBTC holders.
Security & Trust
Endorsed by experienced blockchain developers who confirmed:
- Free of Hidden Exploits
- Immutable Contract
- Un-Mintable Supply
- Renounced Ownership
- Deflationary Model
- Immutable Smart Contract
- Tamper-proof Design
- Transaction-Based Reductions
- Halving-Driven Adjustments
- Immutable Execution
PBTC reimagines Bitcoin's scarcity model by eliminating the long wait for halving events. Its design adapts to market demand in real time, reducing supply without compromising integrity. Every burn contributes to a token that aligns with the needs of today's crypto investors.