BYHASHblock 001

Zcash’s schedule, run on Robinhood Chain

The Zcash halving,
every 14 days.

Byhash runs the Zcash issuance curve about 104 times faster. Stake to mine block rewards, and get paid in real ZEC from trading fees.

Launch appHow it worksBuy on Pons · TBA
reserve unmined
the Miner is not deployed yet
difficulty
next halving
ZEC
· height · live from mainnet

01 · stake is hashrate

No machines. Your stake is your hashrate.

Each stake opens a rig. A rig has an amount, a lock period and a hashrate: the amount you staked multiplied by the boost of the lock you chose. The total hashrate of all miners is the difficulty, and rewards are split by share every second.

lockboosthashrate from 10,000
no lock1×10,000 H
3 days1.2×12,000 H
14 days1.5×15,000 H
60 days2×20,000 H

A locked rig cannot be unstaked until its lock ends; after that it keeps mining at the same hashrate until you close it. Unstaking returns exactly the tokens you put in. Rewards are never locked.

02 · the halving

Same curve as Zcash. 104 times the speed.

The Miner holds a reserve. Time is cut into epochs of 14 days. At the start of each epoch it takes half of what is left and spreads it evenly across the epoch, so it can never emit more than it holds. Each halving mines half of what remains, forever, and the reserve never reaches zero.

epochmined this epochmined in total
050%50%
125%75%
212.5%87.5%
36.25%93.75%
43.125%96.875%
Zcash
1 halving every 4 years · next at block 4,406,400
Byhash
1 halving every 14 days · 104 in the time Zcash does one
The full schedule

03 · paid in real ZEC

Trading fees buy Zcash. Miners get the Zcash.

Every $BYHASH trade on Pons pays a creator fee. The team claims those fees and buys native ZEC on the Zcash network, not a wrapped token. Robinhood Chain cannot hold it, so the Miner keeps the ledger and three steps are done by hand:

  1. Announce. The owner records the amount bought. It is credited to miners evenly over 3 days, split by hashrate. Staking a minute before an announcement does not help.
  2. Send. The owner pays each miner on the Zcash network, to the address that miner saved. One Zcash transaction can pay many miners.
  3. Record. The payment is written to the Miner with its Zcash transaction id. The balance drops by exactly that amount.

This part runs on trust. The Miner proves how much ZEC each miner is owed and what has been recorded as paid. It cannot force the ZEC to be sent, because that happens on another network.

04 · the owner, in full

What nobody can do.

  • Take or freeze tokens that miners have staked.
  • Take Byhash that miners have already earned, claimed or not.
  • Lower the ZEC balance of a miner without recording a payout for it.
  • Pause staking, unstaking or claiming.
  • Change the lock periods, the boosts, the 14 day epoch or the reward token.

The Miner has an owner. The docs list every function that address can call and the limit on each. The owner can reduce future rewards by withdrawing unmined reserve or cancelling ZEC that has not been credited yet; both are on-chain events anyone can see. Treat the reserve shown on this site as the current balance, not as a promise.

Owner permissions

05 · the sheet

Contracts and risks.

token
not launched yet. it launches on Pons with a fixed supply and no mint function
Miner
not deployed yet. the address is printed here and in the docs the moment it is verified
chain
Robinhood Chain
  • $BYHASH is a memecoin. It can lose all of its value, and rewards paid in it lose value with it.
  • The reserve is finite; block rewards halve every 14 days by design, and the owner can withdraw reserve that has not been mined.
  • ZEC depends on volume and on the team sending it. Purchases and payouts are manual and are not guaranteed.
  • The Miner is tested, not audited. Locks are real; a locked rig cannot be closed early for any reason.

Byhash is an independent community token. It is not affiliated with Zcash, the Electric Coin Company or Robinhood. Nothing on this page is financial advice.