Introduction to Bitmark
Project Bitmark is a multi-faceted project that provides:
- A stable cryptographic currency network which balances the requirements of all parties involved
- A far-reaching adoption initiative guided by the vision of a novel reputation + currency system called Marking
What is Bitmark?
Bitmark is a cryptocurrency that has been operational since July 2014. It was designed with a focus on:
The Genesis
"13/July/2014, with memory of the past, we look to the future. TDR"
— Bitmark Genesis Block
Bitmark was launched with a genuine fair launch approach, ensuring that all coins were distributed through proof-of-work mining. There was no premine or token sale.
Key Features
Multi-Algorithm Proof of Work
Since the 2018 hard fork at block 450,947, Bitmark supports eight distinct mining algorithms:
This diversity ensures that mining remains accessible to different types of hardware.
The Marking System
The Marking system is Bitmark's unique reputation + currency mechanism. Think of it as "likes that carry real value":
- When you mark content, you transfer actual currency to the creator
- Your reputation as a curator grows with good marks
- Quality content rises based on economic signals, not algorithms
- Spam becomes economically expensive
Learn more in The Marking Vision.
Network Parameters
| Parameter | Value |
|---|---|
| Block Time | 2 minutes |
| Max Supply | ~27.58 million MARKS |
| Difficulty Adjustment | Dark Gravity Wave v3 |
| Consensus | Multi-Algorithm PoW |
Why Bitmark?
Getting Started
Ready to dive in? Here's where to go next:
- Quick Start Guide - Get up and running fast
- Installation - Set up wallet and node
- Core Concepts - Understand the fundamentals
Community
Join the Bitmark community:
- GitHub - Source code and development
- Reddit - Community discussions
- BitcoinTalk - Original announcement thread
Project Repositories
The main repositories in the Project Bitmark ecosystem:
| Repository | Description |
|---|---|
| bitmark | Core node software |
| bitmark-api | REST API and indexer |
| marked | Social marking application |
| electrum-bitmark | Light wallet |
| BIP | Bitmark Improvement Proposals |