The protocol now includes native on-chain Node Rewards on live testnet. Read the Node Rewards page

Protocol

Chipcoin Protocol

Chipcoin runs a public testnet with a full node, external miner, browser wallet, snapshot bootstrap, explorer, and a native on-chain Node Rewards system for verified nodes. Chipcoin's core public claim is that it is building the first native decentralized PoW protocol that also pays verified nodes, not only miners.

Independent scope

The project is described as its own protocol effort, not as a placeholder for broad unsupported claims.

Current live state

The public site now reflects a broader live stack: node, miner, browser wallet, snapshot bootstrap, explorer, and Node Rewards.

Native protocol novelty

Chipcoin's most important public distinction is the reward-node system, which adds verified node incentives on-chain rather than relying on miner-only issuance.

What Chipcoin Is

The project is best understood through the live testnet stack that already exists.

The safest way to understand Chipcoin today is through the live testnet: the full node, external miner, browser wallet, explorer, snapshot bootstrap path, and the reward-node system that is already operating on public testnet.

Current framing

Chipcoin is described here as a protocol project with a real operating stack, not a speculative claim set. The site should explain what is live now and why the reward-node model is a core part of that public story.

What Is Live Today

The public site is tied to current usable services and current live protocol features.

The current public state is strong enough to support a complete path: wallet setup, faucet request, explorer verification, snapshot-assisted node bootstrap, and a live reward-node system with epoch settlement.

Wallet path

The wallet overview tells users how to start, while the browser wallet page contains the installation details.

Faucet path

The faucet is live for testnet testing and is framed as a testing service, not as a production distribution system.

Node Rewards

Reward nodes register on-chain, warm up, renew epoch by epoch, receive verifier attestations, and settle deterministically on-chain.

Live testnet stats

The live testnet page exposes current public signals such as node count, recent blocks, and settled reward epochs.

Explorer path

The explorer is available as a separate public endpoint for checking addresses and transactions after testing.

Snapshot bootstrap

Trusted snapshot import accelerates node startup by importing an anchor chainstate and syncing only the post-anchor delta.

What Makes Chipcoin Distinct

Node Rewards are the main protocol-level novelty in the current public release.

Chipcoin does not stop at miner subsidy. It also defines a fixed epoch reward budget for verified nodes, with registration, warmup, attestation, settlement, and on-chain payouts. That is the main reason the project is presented as more than a miner-only PoW design.

High-level economic model

  • Maximum supply remains programmed and capped.
  • Node rewards are part of scheduled emission, not extra inflation.
  • The node reward budget is deterministic and epoch-based.
  • Miner subsidy and node reward budget halve together every 111,000 blocks.
  • If no node qualifies for an epoch, the node reward budget is not distributed.

How the Current Components Fit Together

The public pages should be used in sequence, not in isolation.

Protocol

Use this page first for project context.

Node Rewards

Use the Node Rewards page when you want the clearest explanation of the verified-node reward lifecycle and settlement path.

Brief Whitepaper

Use the brief whitepaper when you want the short public summary of the economics and current public stack.

Architecture

Use architecture notes for the current component layout and the protocol boundaries between node, miner, wallet, API, and rewards.

Wallet

Move next to the wallet overview to understand the user path and prepare a CHC address.

Browser Wallet

Use the browser wallet page when you need Chrome or Firefox installation instructions.

Faucet

Request CHC only after your wallet address is ready.

Explorer

Use the explorer after wallet or faucet activity to inspect the visible result.

Docs

Use the docs page when you need the technical reference view of the current public services.

Live Testnet

Use the live testnet page when you want current API-backed public chain and reward signals.

Next Pages to Read

Move from protocol context into the practical user path.

The cleanest next step is usually Node Rewards for the core novelty, then Whitepaper or Architecture for the model, then Live Testnet for current public signals, and then Wallet and Faucet for the user path.