
Satoxcoin (SATOX)
Key data
updated $0Satoxcoin (ticker SATOX) is a community-driven cryptocurrency built as a fork of Bitcoin's codebase, designed to keep mining accessible to everyday users. Its name is a playful nod to Satoshi Nakamoto, Bitcoin's mysterious creator. Like Bitcoin, it runs on a proof-of-work blockchain, but with a much larger hard cap of 8 billion coins.
Frequently asked questions
What is Satoxcoin and how is it different from Bitcoin?
Satoxcoin (SATOX) is a proof-of-work cryptocurrency forked from Bitcoin's open-source code. The main differences are a larger maximum supply of 8 billion coins and a focus on community-driven development rather than corporate backing. It aims to stay mineable with regular hardware instead of specialized equipment.
How does Satoxcoin's technology and consensus work?
SATOX uses a proof-of-work consensus mechanism, meaning miners validate transactions and secure the network by solving computational puzzles. Because it's based on Bitcoin's codebase, it inherits well-tested blockchain architecture. The network is maintained by distributed miners rather than any central authority.
How is Satoxcoin's supply and emission structured?
Satoxcoin has a hard cap of 8 billion coins, meaning no more will ever be created beyond that limit. New coins enter circulation through block rewards paid to miners, which typically decrease over time in a halving-style schedule. This fixed supply model is designed to prevent infinite inflation.
How can you store and use SATOX coins?
SATOX can be stored in the official Satoxcoin desktop wallet or any compatible wallet that supports the coin's network. As a mineable coin, users can also earn it by mining with GPU or CPU hardware. Always download wallets only from official sources to avoid scams.