Sift is a browser-native token that earns itself. Keep a tab open. The network mines. Supply burns. No rig. No electricity bill. Just a tab.
A WebAssembly miner runs inside your browser. It sits idle until you open the Sift tab — then it wakes up and starts working. No install. No daemon. No config files.
The miner connects to a pool and contributes hash rate. A share of every mined block pays out in SIFT tokens to your embedded wallet. CPU is throttled by default — your laptop stays cool.
A smart contract sweeps a portion of pool fees, buys SIFT from the market on a schedule, and sends it to a dead address. Every cycle, fewer tokens exist. Supply shrinks. Holders benefit.
Every design choice serves one goal: reduce the float. Less circulating supply with the same demand means each token carries more weight.
On-chain contract buys SIFT from the open market on a fixed schedule — funded by mining pool fees. No team discretion.
Purchased tokens go to a provably unspendable address. No multisig recovery. No rollback. Burned tokens do not exist.
Total supply has a hard cap. Mining reward halves on a predictable schedule. No inflation surprises.
25% CPU cap out of the box. Users can raise it. Consent-first — always. No hidden background mining.
Bitcoin was supposed to be democratic. One CPU, one vote. Then ASICs arrived and China built warehouses full of machines that cost more than most people earn in a year.
Browser mining has the right idea — use idle hardware, distribute widely, keep it simple. But Coinhive ran it into the ground by hiding it in ads and draining laptops.
Sift starts from a different premise: the person whose machine is doing the work should own the output. Full stop.
No rent-takers. No mining farms. No middlemen extracting fees at every hop. Sift is a protocol that runs on the only infrastructure everyone already has: a browser.