BitMessage (MSG)
Key data
updated $0BitMessage (MSG) is a cryptocurrency token that runs on the Ethereum blockchain as an ERC-20 asset, with its official home at bitmessage.pro. The name nods to the world of decentralized, private messaging, but in practice MSG is a standard smart-contract token: you can hold it, send it, and trade it like any other Ethereum-based asset. All of its rules — balances, transfers, and supply — live inside its verified contract on-chain.
Frequently asked questions
What is BitMessage (MSG), and how is it different from Bitcoin?
MSG is an ERC-20 token living on the Ethereum blockchain, not a standalone cryptocurrency with its own network. Instead of miners and a native chain, it is governed entirely by a smart contract at 0xbd10eaccc4004f379b30562835668f3a74433714, which automatically handles balances and transfers. Bitcoin is digital money with its own blockchain; MSG is a token riding on Ethereum's infrastructure.
How does BitMessage work, and what consensus does it use?
MSG has no consensus mechanism of its own — it depends entirely on Ethereum, which secures the network through Proof of Stake. Every MSG transaction is simply a call to the token's smart contract, recorded and validated by Ethereum's validators. This means the token inherits the security, transparency, and finality of one of the most battle-tested blockchains.
How is the supply of MSG issued?
The supply rules of MSG are hard-coded into its smart contract, so emission is governed by code rather than by mining or staking rewards. As an ERC-20 token, it has no block subsidies — the supply parameters were defined when the contract was deployed and can only change according to what the contract allows. Anyone can verify the numbers at any time by reading the contract on a block explorer like Etherscan.
How do I store and use BitMessage (MSG)?
Because MSG is an ERC-20 token, it works with any Ethereum-compatible wallet — MetaMask, Trust Wallet, Rabby, or hardware wallets like Ledger and Trezor. Sending MSG requires a small amount of ETH in the same wallet to cover Ethereum gas fees. When adding the token manually or swapping, always confirm you are interacting with the official contract 0xbd10eaccc4004f379b30562835668f3a74433714, since fake token copies are a common scam.