BitFlip (FLIP)

BitFlip is an independent cryptocurrency with the ticker FLIP that runs on its own blockchain — it's a coin, not a token issued on someone else's platform. Like Bitcoin, it relies on proof-of-work mining, but it's a separate project with its own network, community, and supply rules. Think of it as a different country with its own currency and its own rulebook.

Miners compete to solve a cryptographic puzzle, and whoever finds the solution first gets to add the next block of transactions to the chain. To rewrite history, an attacker would have to redo all that computational work faster than the entire honest network — which is what makes the ledger extremely hard to tamper with. It's the same battle-tested security model Bitcoin has used since day one.

New FLIP enters circulation purely through mining: each time a miner adds a block, the protocol mints fresh coins and pays them out as the block reward. The emission rules are hard-coded into the software, so supply grows on a predictable schedule that no company or individual can change on a whim. Nobody can just print extra FLIP.

FLIP is stored in a cryptocurrency wallet that supports the coin — the official site at bitflip.info is the safest place to find current wallet options. What you actually store is your private key: whoever holds it controls the coins, so keep backups offline and never share it with anyone. Sending FLIP works like sending any other crypto: you paste an address, confirm, and the network does the rest.