Satozhi Coin (SATOZ) Token. What is it, how to buy and price.

In this article we are going to talk about Satozhi (SATOZ) Token, a new shitcoin from the Binance SmartChain (BSC) network and in this post we are going to explain all the information on their website about this token and we will explain how to buy Satoz Token and how to see its price live.

Introduction to Satozhi Coin (SATOZ) Token

In 2008, a pseudonym of Nakamoto Satoshi submitted the groundbreaking document “Bitcoin: A Peer-to-Peer Electronic Cash System” to the Metzdown crypto mailing list, prior to that date publishing the initial implementation code in 2009. first bitcoin was generated on January 3, 2009 at 18:15:05 (UTC).

Bitcoin caral was unprecedented as it solved the problem of double spending on digital and ledgers. next two years saw a rapid growth of interest from both the public and developers. It is a project that began with speculation and experimentation, but has inspired a broad movement that will change the world.

Subsequently, a number of payment related digital currencies such as LTC, DOGE, XRP and PPC have emerged. development of blockchain technology in this early period was mainly focused on digital currency and applications that offer currency transfer, exchange and payment services.

Along with Bitcoin, these services represent Blockchain 1.0, which was primarily focused on decentralized money and payments.

vision statement that Nakamoto presented in 2010 had three core components: Decentralized publicly traded ledgers, end-to-end direct value transfer systems, and powerful scripting systems to execute any deal or currency.

Bitcoin achieved the first two goals and the third was implemented with Ethereum, which published a whitepaper in 2014 and was officially launched in 2015. Ethereum is an open source, decentralized infrastructure system on top of which blockchains and protocols can be run.

It builds a common low-level protocol that provides a full Turing scripting language and executes smart contracts on the system. By implementing and executing smart contracts, Ethereum demonstrates that blockchain can be used to facilitate transactions and build networks in complex scenarios. Ethereum launched the application power of blockchain technology, and it is considered Blockchain 2.0.

In the Blockchain 2.0 era, blockchain provides a reliable runtime environment for contracts, which are the foundation of blockchain applications. applications of this technology extend far beyond payments. Many companies and governments are now exploring new smart contract-based application cases.

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Third generation blockchain

We believe that 3rd generation blockchain technology will extend Blockchain 1.0 and 2.0 frameworks to revolutionize the entire technology industry.

A complete blockchain ecology cannot be isolated, it must be interconnected, synergistic and on a large scale. Above all, an ecology must be flexible enough to evolve with changes, needs and technological innovation.

Third-generation blockchain technology can power the real economy and serve as the core of the internet’s value. Fully functional Blockchain 3.0 will allow tokenize tangible and intangible assets to be measured, tracked, controlled and traded on chain.

Building a safe, green, efficient, smart and scalable ecosystem, Blockchain 3.0 will perform the mapping and transfer of various asset rights in the parallel time-space of the real and digital worlds.

When blockchain can be applied in a meaningful way to the field of social governance, in other words, to the domains of science, culture, art, health, gaming, e-commerce, etc., we can say that it is entering in the Blockchain 3.0 era. range of blockchain applications is limitless and in an early stage.

What is Satozhi (SATOZ) Token?

Satozhi (SATOZ) is a crypto token that runs entirely on the Binance Smart Chain (BSC) network according to the standards of the most advanced smart contract protocols.

About SATOZHI

SATOZHI (SATOZ) was formed using a technical protocol similar to Bitcoin (BTC) that was created according to the proposal of Satoshi Nakamoto. If in Bitcoin (BTC) we are familiar with the Proof of Work (PoW) Protocol and then in Satozhi (SATOZ) a better protocol is created, known as Proof of Burn (PoB).

Satozhi (SATOZ) was created for everyone, including you. If you are an investor, you can save SATOZ in the long term as a store of value. If you are a trader, you can buy SATOZ and sell when profitable. If you are a miner, you can burn SATOZ to receive a block reward every 10 minutes in any wallet. If you are a developer, the SATOZ project is open source and driven by the community, not creators.

Background

Satozhi (SATOZ) is the world’s first token to use this new protocol. This protocol uses the logic of burning the token supply on the blockchain and then creating a new token in the pool every 10 minutes.

Satozhi (SATOZ) can only be obtained from PancakeSwap, Bitmart and many more to come. PANCAKESWAPBURN SATOZ Sample image Resilience and decentralization Satozhi could represent an interesting step forward in terms of securing local and global financial systems.

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Sample image Flexible transparency All Satozhi transactions are public and transparent, the identity of the author of the transaction is kept private.

Sample image Automatic solutions Satozhi is suitable for use as a new generation of fully automated service to reduce operating costs.

Token Satozhi information.

SATOZHI (SATOZ) was formed using a technical protocol similar to Bitcoin (BTC) that was created according to the proposal of Satoshi Nakamoto. If in Bitcoin (BTC) we are familiar with the Proof-of-Work (PoW) protocol, then in Satozhi (SATOZ) a better protocol is created, known as Proof-of-Burn (PoB).

Token Name: Satozhi

Abbreviation: SATOZ

Decimals: 8

Total supply: 21,000,000

Printable rewards: 50/10 minutes

Protocol: BSC

How do you reward at SATOZ?

To get rewards, you need to burn your token on the Satoz platform, after doing this, the reward will be distributed 50 Satoz every 10 minutes with an even distribution of the total tokens burned. rewards will be earned forever until the total tokens reaches 21 million again.

Where does the burn reward come from?

reward comes from a new token minted with Satoz’s maximum token of 21 million. SATOZ saved in smart contract (0xf4341fA52669cea0c1836095529A7E9B04b8b88D)

How does the Proof of Write (PoB) protocol work?

Satozhi (SATOZ) is the world’s first token to use this new protocol. This protocol uses the logic of burning the token supply on the blockchain and then creating a new token in the pool every 10 minutes.

How much reward do I get for burning SATOZ?

You will receive a prize every 10 minutes. prize distributed is 50 SATOZ, this calculation is obtained from the personal percentage that you burn over the total supply that has been burned. more you burn, the greater the portion you get out of a total of 50 SATOZ / 10 minutes.

How and where to buy Satozhi Coin (SATOZ) Token?

Next we are going to provide you with a simple tutorial so that you can easily buy Satozhi Coin (SATOZ) Token .

Well then I leave you a tutorial on how to buy it, you can buy it through Pancakeswap or poocoin.app, we will do it from pancakeswap and in case you don’t know, we need to have a portfolio either from trustwallet or metamask, in this case I I use metamask.

Here you have a tutorial on how to create a portfolio in metamask:

Once we have our metamask portfolio created, what we have to do is copy our address as indicated with the arrow and put it with the Binance Smart Chain network.

FIRST STEP TO BUY DogeBucks (DBUCKS) Token

To buy DogeBucks (DBUCKS) Token we are going to need BNB, which is the currency of binance, since this token works through its network. so the first thing will be to register here to enter binance and be able to buy BNB.

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Next we have to go buy crypto and we have to select BNB to buy it, in this case I do it with Euros and with a debit or credit card.

Once the bnb are bought, we go to our Binance wallet and we hit SPOT and we go down until we see BNB and we hit “Withdraw” or “Withdraw”.

n on the next page that will come out, we have to paste our metamask address and put the BSC network and we would already have the BNB in ​​our metamask portfolio.

SECOND STEP TO BUY Satozhi Coin (SATOZ) Token

first thing will be to go to pancake swap: Pancake

When we get to pancake swap we have to connect our metamask portfolio with the binance smart chain network and then put the Satozhi Coin (SATOZ) Token at the bottom, although it should automatically exit, if not paste the following contract in the Token part: 0xf4341fA52669cea0c1836095529A7E9B04b8b88D

In the following image I show you:

Once the token is added, we simply have to put the amount of bnb that we want to exchange for Satozhi Coin (SATOZ) Token and voila, it would be bought and in our metamask portfolio.

PRICE Satozhi Coin (SATOZ) Token LIVE.

price of the token can be seen in the following link: Price

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