> For the complete documentation index, see [llms.txt](https://bitcoin-munari.gitbook.io/bitcoin-munari-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bitcoin-munari.gitbook.io/bitcoin-munari-whitepaper/technical-architecture/phase-1-solana-spl-token.md).

# Phase 1: Solana SPL Token

**Token Standard: SPL (Solana Program Library)**

During the initial phase, BTCM operates as a Solana token, benefiting from:

**High Performance**

* 65,000+ theoretical TPS (Solana network capacity)
* 400ms block times
* Sub-second transaction finality

**Low Costs**

* Average transaction fee: >$0.1
* Economic for micro-transactions and high-frequency trading

**Robust Ecosystem**

* Immediate integration with Solana DEX (Raydium)
* Access to Solana's DeFi protocols
* Established wallet infrastructure (Trustwallet, Solflare, Exodus)

**Security**

* Proof of History + Proof of Stake consensus
* Battle-tested network with 1900+ validators
* Slashing mechanisms to prevent bad actor behavior

**Mainnet Preparation Activities**

During the Solana phase, the team will be actively developing and testing the mainnet infrastructure:

**Q4 2025 - Q1 2026**:

* Mainnet architecture design and specification
* Consensus mechanism development
* Validator node software development
* Internal testnet deployment
* Security protocol implementation

**Q2 2026**:

* Public testnet launch
* Validator recruitment and onboarding program
* Testnet stress testing (transaction throughput, network stability)
* Bug bounty program initiation
* Community validator education workshops

**Q3 2026**:

* Testnet validator rewards simulation
* Performance optimization based on testnet data
* Cross-chain bridge development (Solana to BTCM mainnet)
* Smart contract layer testing
* Security audits of mainnet code

**Q4 2026**:

* Mainnet release candidate deployment
* Final security audits completion
* Validator node hardware requirements publication
* Migration smart contract development
* Economic model fine-tuning based on testnet results