$PROOFDisclaimer
In one sentence. $PROOF is a parody, mineable memecoin experiment that reimplements Bitcoin's proof-of-work as a token on Ethereum; it has no intrinsic value, the "mining" is a fair-distribution and game mechanic rather than consensus security, you can lose everything, and nothing here is financial advice. Read this before you mine or buy.
Homage, not affiliation
$PROOF is an homage to Bitcoin. It is not Bitcoin, not a fork of the Bitcoin network, and is not affiliated with, endorsed by, or connected to Bitcoin, its developers, or its authors. All references are cultural and for parody.
Not financial advice
Nothing on this site or in any $PROOF channel is financial, investment, legal, or tax advice, or an offer to buy or sell anything. Do your own research and never spend more than you are completely comfortable losing.
Proof-of-work is a distribution mechanic, not security
On this chain the proof-of-work governs how coins are distributed (mined into circulation) and is a game mechanic. It does not secure the chain; ordering and settlement are secured by Ethereum. Do not treat the mining as a consensus or security guarantee.
The in-browser miner is a demonstration
The miner on this site runs locally in your browser and grinds real SHA-256 as an illustration. The live chain uses keccak-256 commit-reveal mining. Any block reward, hashrate, difficulty, supply, or price shown before launch is illustrative only and not a real value.
Price risk, the token can go to zero
Memecoins are extremely volatile and high-risk. The price of $PROOF can go down as well as up and can go to zero. You could lose 100% of what you put in.
Mining costs gas and can yield nothing
Mining is an on-chain transaction that you sign and pay gas for. In a competitive or two-step commit-reveal process, a late or losing attempt can cost gas and mint nothing. You are responsible for how and when you transact.
Smart-contract risk
$PROOF runs on immutable on-chain contracts and a Uniswap V4 hook. Smart contracts can contain bugs or be exploited, and immutability means errors cannot be fixed. Interact only if you accept that risk.
Fair launch, verify it yourself
The launch has no team allocation and no insider mint, the deployer holds zero, and the liquidity tokens are burned. The only coins not mined are a thin genesis liquidity wall (about one percent) that seeds the pool and is itself locked by burning its liquidity; it is not a team or insider allocation. These are claims you should verify on-chain at the contract address, not take on trust.
MEV, ordering, and sequencer risk
Commit-reveal reduces front-running of a nonce but does not eliminate all MEV or ordering risk. The chain relies on a sequencer, a trusted party that can order, delay, or (in principle) censor transactions.
Network and gas risk
$PROOF is deployed on Ethereum. Mining requires two on-chain transactions (a commit and a reveal), so it costs gas; at times of high network congestion that gas can exceed the value of a mined reward. Liquidity, RPC/indexer reliability, and MEV are outside anyone's control.
No team, no roadmap, no recovery
There is no company, no fund, no team allocation, and no obligation to anyone. There is no roadmap and no promise of future work. If funds are lost or the mechanic behaves unexpectedly, there is no recovery, refund, or recourse.
Regulatory uncertainty, restricted regions
The legal status of tokens like $PROOF is uncertain and varies by jurisdiction. Do not participate if it is unlawful or restricted where you are, and do not use $PROOF for any unlawful purpose. If unsure, do not participate.
No affiliation with third parties
$PROOF has no association with Bitcoin, Uniswap Labs, or any other named brand. All names are used descriptively or as parody. By interacting with $PROOF you accept these terms and all associated risk.