Understanding BFT

One network currency for useful work, contributions, and scarce network actions.

A work and participation accounting unit

BFT is Bigfoot’s network currency and accounting unit. The network uses one balance and settlement system to account for credits, transfers, and the costs of supported network actions. BFT is not an ownership share in Soliton Group LLC, and holding it does not grant a governance role.

The economic design centers on useful network work and contributions. It does not target an external exchange price or promise that holding a balance produces a return.

Reading is free of BFT charges

Ordinary reading and searching cost the requester zero BFT. Publishing and certain other changes to shared public state consume BFT. Those changes use shared resources, and their charges give the network a way to account for scarce actions.

The intended participation model has the network credit eligible contributors with BFT for useful work rather than requiring every reader to purchase currency. Credits are conditional on qualifying work; the design does not guarantee that what a participant is credited covers every action they choose.

Issuance and transfers are different

Verified assigned service and qualifying footnotes can create new BFT under the protocol. Tips and the shares of reply charges sent to authors move existing BFT. Neither holding currency nor a routine search creates new BFT by itself.

The design also includes voluntary support for Spaces. Support does not make public content private or buy exclusive access. Availability and exact charges must be checked in the connected release before authorizing an action.

What a balance cannot buy

Spending BFT cannot buy a better position in results, guaranteed reach, a reviewer role, preferential assignments, or a larger say in confirming network transactions. A balance also does not establish that its owner is trustworthy or correct. An action’s charge covers that action; it does not purchase everyone else’s attention.

Protect the identity that controls your balance. Ledger activity is public, and a lost or compromised private key can affect your ability to spend. See BFT Help for practical questions and Governance for the protocol support fee.

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