Charms protective talismans are an interesting Bitcoin protocol that allows for the construction of smart contracts on Bitcoin using Rust, implementing zero-knowledge proofs with zk-vm, enabling local offline transaction verification without relying on an indexer.
The first publicly mined token $BRO experienced its first halving last night.
You can use the browser I developed to view it:
BRO HALVING COMPLETE: ANNOUNCING THE BROYALTY WHITELIST AND COMMUNITY-MADE BRO LEADERBOARD (feat. @1999_eth)
The first Bro Halving has come to pass. 😎🔥
As of September 16, 4:20pm UTC, all BRO rewards are now half of what they were during the first two weeks of mining...
...and wow - what an amazing two weeks it has been.
As of today, we have surpassed:
😎40,000 total BRO mints
💎10,000 mints through the Charms proving service
✊3000 unique addresses that mined BRO
🤯70M total BRO mined
This has gone far beyond our wildest expectations. We expected *maybe* a few hundred transactions, ended up noticing thousands through our proving service, and then - just this weekend - discovering an entire world of transactions OUTSIDE of our proving service.
How did we discover them?
Well, we've been building an explorer for tracking this, which will soon be unveiled - but before we could complete it, a clever outsider beat us to the punch.
Meet @1999_eth - an airdrop hunter and software dev who, in his own free time, constructed a $BRO mining explorer!
Link: 🔗
This explorer tracks how much BRO has been mined, at what Bitcoin addresses, and how many unique addresses own BRO. It even tracks every individual BRO mining transaction, and how much BRO was mined with each.
While there is still work to be done, @1999_eth's contribution is incredibly valuable, and we're already corresponding with him for some further aid. This is the power of community based, open-sourced development, and makes the Charms team even prouder of the momentum building behind our protocol through a community memecoin like BRO!
Beyond that, the explorer itself was very revealing: as it turns out, there's been at least 4X the $BRO minting activity than we initially thought, undertaken by miners operating outside of our proving service!
Using their own provers, these miners have minted plentiful BRO with minimal fees, due to avoiding the cost we make users pay when using our internal proving service (such as though our mining page, by default).
They've also mined a LOT of $BRO. The top addresses on ybot show they hold average mints of over 1500+ $BRO at a time, meaning they're regularly minting at 39 to 40 leading zerobits. This suggests they're using some very powerful and dedicated equipment to partake in mining.
Let me be clear: it is 100% fair and good to use your own prover when using Charms!
The fact that people are already doing so is a beautiful sight: its proof that the protocol is decentralized, and that people are already using it in a decentralized fashion.
Furthermore: full power to the miners successfully mining BRO efficiently and cheaply. This is proof of work fair launch in action - open competition, much like Bitcoin. You spent the energy cost to mine, and so you get plenty of $BRO!
THAT SAID...
To those who mined with less efficiency - the normal plebs mining from their phone or laptop, paying to our prover - we hear you. Your early participation and contributions to both our company, and the genesis of the Charms protocol - have not gone unnoticed.
That's why we're announcing the BROYALTY WHITELIST.😎👑
A prestigious whitelist of addresses granting special benefits surrounding select future Charms Inc. products. Exact details are yet to be decided, but this could include discounts, first access, or beta testing rights on such products.
Members of the whitelist will heavily include people who took part in mining during these first two weeks. Those included will be those who participated *the most* - but by a variety of criteria capturing the full scope of participation, including:
- Those who mined the most $BRO *with our prover* (200)
- Those who recorded the largest volume of mines *with our prover* (200)
- Those who mined the best hash *with our prover* (100)
The whitelist will start as a list of 500 addresses that partook in mining in the first two weeks.
It will then expand by another 25 addresses per mining epoch (every two weeks) based on similar criteria, including.
- Most $BRO mined *with our prover* (10 addresses)
- Most mining records *with our prover* (10 addresses)
- Largest hash mined *with our prover* (5 addresses)
This is to reward everyone using our protocol and especially those aiding our company, while also giving the little guy room to compete too!
NOTE: We intend to convert this whitelist into an NFT collection (airdropped to all on the whitelist) so that people's benefits become itemized and liquid, and so could even be traded to other people. The exact details of that collection still have to be worked out.
That's all for now folks. To re-emphasize: THANK YOU for choosing to try Charms through $BRO. We didn't imagine the first token - a community memecoin - getting this big, but it fills us with optimism about the future adoption of our protocol.
BACK TO THE MINES💎⛏️
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(P.S.: Yes, the prover is crapping itself on BRO page rn, we will address this ASAP, as we have before 🫡)

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