SmartGold (SGT)

SGT is a standalone digital asset with its own ticker, while Bitcoin is the original and largest cryptocurrency. The key difference lies in each project's design goals and community — SGT is a smaller, niche asset, whereas Bitcoin serves as the market's benchmark. Always check the official project documentation to understand what SGT is actually built for.

SGT operates on blockchain technology, meaning transactions are recorded on a distributed ledger maintained by network participants rather than a single company. The exact consensus mechanism and network architecture depend on the chain the project runs on, so the official whitepaper and explorer are the best sources. In general, you can verify any SGT transaction yourself on the public blockchain.

Every cryptocurrency has rules governing how many coins exist and how new ones enter circulation, and SGT is no exception. These rules are set in the project's code and documentation, not decided on the fly. You can check the current circulating supply and tokenomics details on the project's official resources or a block explorer.

SGT can be stored in any wallet that supports its blockchain — typically a non-custodial wallet where you control the private keys yourself. You can send and receive it using your wallet address, just like other cryptocurrencies. As with any crypto asset, keep your seed phrase offline and never share it with anyone.