Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: KillRoy on April 17, 2019, 08:54:45 PM
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Bitcoin for Common Man
Satoshi is built at the concept of Bitcoin and that is “Bitcoin for Common man”. It is a cryptocurrency that support the original Bitcoin and hence can be converted to BTC every time. Like Bitcoin, Satoshi is peer-to-peer Internet currency, enables anyone to send payments instantly at near-zero cost throughout the world. Fully decentralized payment network without any central authorities and unlike many other newly emerging altcoins; not under influenced of Governments of any country. The technology behind Satoshi is Blockchain that secures the network and empowers individuals to control their own finances. Satoshi features faster transaction, confirmation times and improved storage efficiency than any other leading blockchain-based crypto currency.
Due to immense popularity of Bitcoin, more and more developers are trying to own it and fork it for their own benefits. They come up with their so called faster, secure and reliable coins with aim to replace Bitcoin in future and manipulate the market in their own interest. Moreover we have made Bitcoin as decentralized digital currency; countries and governments trying to bring it under their control by forking bitcoin, accepting and promoting the new clone. They then imposed certain regulations on the forked versions of Bitcoin in an attempt to make it centralized. This results in clashes between governments and stack holders which have negative impact on the image of Bitcoin in general public.
The Primary focus of Satoshi is to deal with these issues and monopolies. Satoshi Nakamoto has taken step and creates a smaller version of the original bitcoin which will operate and run separately from Bitcoin. We are going to restore the vision of Bitcoin and that is “Bitcoin for common man”. Bitcoin is growing exponentially and now is out of range of a common man. Satoshi will make the BTC accessible, available and affordable for everyone in the world, not only rich miners.
Specifications
Algorithm: Scrypt
Type: PoW
Coin name: Satoshi
Coin abbreviation: STC
Address letter: S
Block reward: 27 coins
Block halving: 840000 blocks
Coin supply: 50 Million Coins
Coinbase maturity: 20 blocks
Target spacing: 5 minutes
Target timespan: 10 minutes
Transaction confirmations: 6 blocks
Mainnet:
RPC port: 23602
P2P port: 23601
Wallets
Windows: github.com/STC-coin/STC/releases/download/1.0.0/satoshi-qt.zip
Source code: github.com/STC-coin/STC/releases/download/1.0.0/satoshi-source.code.zip
Web wallet: wallet.satoshiera.com/
Explorer
explorer.satoshiera.com/
Mining pools
pool.satoshiera.com/