Block plans to revive the Bitcoin “faucet” model on April 6 with a new website, btc.day, as Jack Dorsey pushes another public effort tied to Bitcoin access and education.
summary
- The block will relaunch the Bitcoin faucet on April 6 through a new countdown site, btc.day.
- The company has not revealed claim rules, eligibility, or the exact total Bitcoin to be distributed yet.
- Dorsey’s offering revives Gavin Andreessen’s 2010 faucet model, which once gave users five bitcoins.
The site already displays a countdown timer, an orange faucet icon, and the phrases “The Faucet is Back” and “Buy, Secure, Spend.”
Dorsey Announce Friday’s move is via a Bitcoin-related update on Block. The company said the faucet will return through btc.day, though it has not yet shared the full rules for how users can claim free bitcoin.
The website does not currently ask users to complete any task. It just displays a timer and basic branding associated with the old faucet idea. Block also did not say how much Bitcoin it plans to distribute.
The faucet model dates back to 2010, when software developer Gavin Andreessen used it to introduce people to Bitcoin. Its original site gave users five bitcoins after they completed a verification test and entered the wallet address.
At that time, Bitcoin was new and did not have much impact on the public. Early builders used simple tools like faucets to help people test wallets, send coins, and learn how the network worked. The model later became part of Bitcoin’s early history.
Additionally, the new version appears to borrow from this original approach. By bringing back the faucet concept, Block connects a modern campaign to one of Bitcoin’s most popular early distribution methods.
The company has not confirmed whether the new version will use verification codes, wallet checks, or any other sharing step. It also did not mention whether the giveaway would be open globally or limited to specific users or regions.
Watch the community for more details
Cryptocurrency users have begun discussing the relaunch across social platforms. Some described the move as a way to keep Bitcoin more accessible, while others pointed to the larger number of wallet users today compared to 2010.
The market is now awaiting details about the size, timing and structure of the giveaway. The block had 8,883 BTC as of its accumulation history dating back to October 2020, but neither Dorsey The company did not say how much bitcoin, if any, would be used in the faucet.
