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Monday 09 February 2026 13:03:49 GMT

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papi_reza :

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2026-02-09 15:29:39

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**BitFlip (also styled Bitflip) is a fully on-chain Bitcoin price prediction dApp built on the InterLink Chain.** It is not a traditional order-book exchange or perpetual futures platform. Instead, it functions as a short-duration prediction game where users stake $ITL to forecast whether BTC’s price will move up or down over a fixed 5-minute window. ### Core Round Structure Every round runs on a strict 5-minute cycle: 1. **Price recording** — At the start of the round the live BTC price is recorded directly on-chain. 2. **Open betting window (first 3 minutes)** — Players connect their wallet, choose UP or DOWN, and stake $ITL. 3. **Locked phase (final 2 minutes)** — No new bets are accepted. The round is frozen. 4. **On-chain settlement** — After exactly 5 minutes the final BTC price is compared with the recorded start price. Settlement happens automatically and deterministically on-chain. There is no off-chain middleware, no centralized oracle or resolver, and no manual intervention. Everything (price capture, bet acceptance, locking, and payout) is handled by the InterLink blockchain itself. ### Staking & Rewards - **Minimum stake**: 0.01 $ITL - **Maximum stake**: 10 $ITL per round - **Correct prediction**: Stake is returned + a 90% reward (profit) on the staked amount. - **Incorrect prediction**: The entire stake is lost. ### Fair-Play Design BitFlip emphasizes equal opportunity through several mechanics: - Hidden / locked start price so participants cannot front-run the opening print. - No front-running advantage once the betting window is open. - Transparent 5-minute window visible to everyone. - Secure wallet connection and fully on-chain execution. ### Context Within InterLink BitFlip was the first dApp deployed on the InterLink Taj Mahal Testnet (May 2026) specifically to stress-test RPC performance, concurrent transactions, and deterministic finality under real user load. It later moved to the Seoul Private Mainnet. The “Ultimate Trader Challenge” is a competitive campaign layered on top of the core prediction game, offering additional rewards of up to 100 $ITL for top performers. In short, BitFlip trading mechanics = short, binary (UP/DOWN) BTC price predictions settled entirely on-chain with fixed stake limits and a fixed 90% payout on correct calls. It is designed as both a user-facing prediction product and a live stress test of the InterLink infrastructure.#InterLink #ITLG #ITL

**BitFlip (also styled Bitflip) is a fully on-chain Bitcoin price prediction dApp built on the InterLink Chain.** It is not a traditional order-book exchange or perpetual futures platform. Instead, it functions as a short-duration prediction game where users stake $ITL to forecast whether BTC’s price will move up or down over a fixed 5-minute window. ### Core Round Structure Every round runs on a strict 5-minute cycle: 1. **Price recording** — At the start of the round the live BTC price is recorded directly on-chain. 2. **Open betting window (first 3 minutes)** — Players connect their wallet, choose UP or DOWN, and stake $ITL. 3. **Locked phase (final 2 minutes)** — No new bets are accepted. The round is frozen. 4. **On-chain settlement** — After exactly 5 minutes the final BTC price is compared with the recorded start price. Settlement happens automatically and deterministically on-chain. There is no off-chain middleware, no centralized oracle or resolver, and no manual intervention. Everything (price capture, bet acceptance, locking, and payout) is handled by the InterLink blockchain itself. ### Staking & Rewards - **Minimum stake**: 0.01 $ITL - **Maximum stake**: 10 $ITL per round - **Correct prediction**: Stake is returned + a 90% reward (profit) on the staked amount. - **Incorrect prediction**: The entire stake is lost. ### Fair-Play Design BitFlip emphasizes equal opportunity through several mechanics: - Hidden / locked start price so participants cannot front-run the opening print. - No front-running advantage once the betting window is open. - Transparent 5-minute window visible to everyone. - Secure wallet connection and fully on-chain execution. ### Context Within InterLink BitFlip was the first dApp deployed on the InterLink Taj Mahal Testnet (May 2026) specifically to stress-test RPC performance, concurrent transactions, and deterministic finality under real user load. It later moved to the Seoul Private Mainnet. The “Ultimate Trader Challenge” is a competitive campaign layered on top of the core prediction game, offering additional rewards of up to 100 $ITL for top performers. In short, BitFlip trading mechanics = short, binary (UP/DOWN) BTC price predictions settled entirely on-chain with fixed stake limits and a fixed 90% payout on correct calls. It is designed as both a user-facing prediction product and a live stress test of the InterLink infrastructure.#InterLink #ITLG #ITL

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