Bitcoin Forum
December 04, 2024, 10:14:53 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: [ANN][ICO] Satoshi Coin - SAT | Scrypt (PoW/PoS)  (Read 589 times)
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 01, 2023, 10:51:26 AM
Last edit: November 09, 2023, 12:21:15 PM by SATtoken
 #1



Unlike other cryptocurrencies, the Satoshi Coin would implement novel consensus mechanisms, designed to be more energy-efficient and eco-friendly, while maintaining the core principles of decentralization and security.

🌐Website: https://satoshicoin.co.uk (Our main website is the .pro / We also bought the .co.uk domain and redirected it to .pro, because BitcoinTalk flags the .pro domains as suspicious)
💬Telegram: https://t.me/SatoshiCoinSAT
🐦Twitter: https://twitter.com/SatoshiCoinSAT

PoCP Is A New Protocol

Proof of Computing Power (PoCP) is an innovative and eco-friendly coin mining algorithm that sets a new standard in the world of cryptocurrency. Unlike traditional Proof of Work (PoW) or Proof of Stake (PoS) algorithms, PoCP harnesses the existing computational power of users' computers without consuming any additional resources to produce new coins.

The core concept of PoCP revolves around reading the computer's specifications, such as CPU, GPU, and RAM, to determine the power it contributes to the network. Based on this analysis, the algorithm then calculates the rewards that the user is entitled to, making it a fair and transparent system for distributing coins.

Both mining and staking will use the PoCP protocol and rewards will last until 2050, to ensure all SAT is rewarded during our lifetime.


Mining, Staking With PoCP And The Halving Events

- Run the app and mine SAT, no SAT required, this ensures adoption of new participants in the ecosystem
- Stake and mine SAT, stakers get a much higher reward rate than Non-SAT holders
- Using PoCP, your system and holdings determines your reward rate
- Mining and staking lasts until 2050, so this is a long term rewards system like Bitcoin mining
- Satoshi Coin will have a halving event each year, this event will half rewards each year until 2050
- Due to yearly halving, rewards start off being larger and as the years go by the reward rate reduces making the token scarcer which should drive price as users will need to stake more to earn the same rewards as the previous year
- Available on Windows, MacOS, Linux, Android and iOS

Tax is 5% and is used to fundmarketing and development as well as buy WBTC on the Ethereum network. The contract has a safeguard in place where the taxes cannot be increased past 10%. This gives added peace of mind to investors.

THE MECHANICS

1. Environmentally Friendly: PoCP doesn't require energy - intensive mining operations, making it an eco-conscious alternative to traditional algorithms.
2. Accessibility: The application is easy to set up and use, allowing a broader user base to participate in the coin mining process.
3. Fair Rewards: The reward distribution system is based on the actual computational power contributed by each user's computer. This ensures that rewards are allocated fairly, encouraging participation and fostering a stronger and more inclusive community.

PRESALE - ⏰ Presale Start Time Is 17:22 UTC On 2nd August 2023. This Was The Time Satoshi Was Last Heard From In 2010!

A presale consisting of three phases.

Each phase has its benefits and we encourage investors to enter early in order to get the best price per $SAT. The presale is fully automated. Investors are able to invest in ETH, BNB or USDT on both Ethereum and Binance Smart Chain. Claiming tokens will be available at the end of the sale via the website.

PHASE ONE
1 SAT = $0.23

PHASE TWO
1 SAT = $0.50

PHASE THREE
1 SAT = $1

The presale has three phases, the earlier you buy the more SAT you get in the early phases.

SAT TOKENOMICS

21M Total Supply - Just like Bitcoin, a 21M fixed supply

5% Tax - Small tax to ensure full growth of the project

1% WBTC - Just like Bitcoin, a 21M fixed supply
2% Marketing - Marketing will be extensive and as well as the presale funds, this part of the tax will be used to grow the visibility of the project
2% Development - This aspect of the tax is used to develop the platform further and add to the presale funds to ensure longevity of the project

Jeet Protection - $SAT is protected by a brand new unique jeet protection system, which ensures panic sellers can not harm the chart


REWARDS & HALVING

Rewards are earned via mining and staking and rewards will last until 2050 and Satoshi Coin will have a halving event each year, this event will half rewards each year until 2050. This means rewards start off being larger and as the years go by the reward rate reduces making the token scarcer which should drive price as users will need to stake more to earn the same rewards as the previous year.

Rewards can be earned in a variety of ways in Satoshi Coin.

• PoCPStaking
• WBTC Loyalty Rewards

PoCPStaking rewards are rewards earned via our PoCP app on Windows, Mac, Linux, Android and iOS. These are based on your computational power (CPU,GPU and RAM) and your holdings. A more powerful computational profile will yield higher rewards.

Rewards will last until 2050.

REWARDS

The Satoshi Coin apps will provide a full dashboard for mining, staking, deposits, withdrawals, claiming and many other stats and historical data about rewards as well as PoCPstats. Rewards are calculated using our own scoring algorithm which is based on the hardware of a users system, the better the score, the better your earning rate when it comes to mining and staking SAT tokens.

Rate = Daily Reward Rate / Total Network PoCP Power * My PoCP Power

This will give users their own reward rate per day, improving hardware can improve your daily reward rate.

ROADMAP

Heavy Marketing
This includes reaching top influencers, callers as well as lsiting on the top crypto sites such as CoinMarketCao, CoinGecko, Dextools. Dextools trending and Dextools ads too as well and much more.

PoCP Staking
PoCP(Proof of Computing Power) is staking based on system specifications. Anyone can run a PoCPnode but holders will get a better earnings boost than non-holders.

Proof Of Stake App
An app which will allow you to manage your PoCPnodes and boost your earnings rate.

Bitcoin Rewards App
1% of all taxes go towards BTC rewards as a loyalty program for the most loyal holders. This app will allow you to manage your rewards such as claim them or re-invest them.

Tier One CEX Listings
Tier One CEX listings are all we will focus on, we will not waste time on sub standard CEX listings.

Bitcoin Fork
Satoshi Coin will create a new fork of BTC once adoption is achieved on our PoCP protocol.

CONCLUSION

In conclusion, Proof of Computing Power (PoCP) introduces an innovative and eco-friendly approach to coin mining, revolutionizing the cryptocurrency landscape. With its focus on environmental sustainability, accessibility, and fairness. PoCP has the potential to attract a wide range of users and establish itself as a leading algorithm in the world of cryptocurrencies. By continuously seeking improvement and engaging the community, PoCPcan pave the way for a more inclusive and sustainable digital currency future. Satoshi Coin is here to change the landscape and provide investors a safe and unique way to earn rewards in many ways whilst been involved in the protocol.
ReversedOne
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
August 01, 2023, 02:56:47 PM
Last edit: August 01, 2023, 03:07:05 PM by ReversedOne
 #2

Hey, any idea why  yours website : 🌐Website: https://satoshicoin.co.uk is different that one that leads to presale. I would also like to see contract  address, source of contract, and a link to telegram group where community can talk in real time as your website says :
"We are always online on Telegram, while we are developing our project
 We answer every question"
also regarding to your writing :
"With a renewed sense of purpose, Satoshi announced his plan to create the Satoshi Coin, a project that aimed to capture the essence of his original vision for a decentralized and sustainable digital currency. Unlike other cryptocurrencies, the Satoshi Coin would implement novel consensus mechanisms, designed to be more energy-efficient and eco-friendly, while maintaining the core principles of decentralization and security."

But as for me there is no innovation with the way of your staking option in other words does your project will have own core wallet or it will be TOKEN on other network ?

SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 01, 2023, 05:02:50 PM
 #3

Hey, any idea why  yours website : 🌐Website: https://satoshicoin.co.uk is different that one that leads to presale. I would also like to see contract  address, source of contract, and a link to telegram group where community can talk in real time as your website says :
"We are always online on Telegram, while we are developing our project
 We answer every question"
also regarding to your writing :
"With a renewed sense of purpose, Satoshi announced his plan to create the Satoshi Coin, a project that aimed to capture the essence of his original vision for a decentralized and sustainable digital currency. Unlike other cryptocurrencies, the Satoshi Coin would implement novel consensus mechanisms, designed to be more energy-efficient and eco-friendly, while maintaining the core principles of decentralization and security."

But as for me there is no innovation with the way of your staking option in other words does your project will have own core wallet or it will be TOKEN on other network ?



Our main website is the .pro

We also bought the .co.uk domain and redirected it to .pro, because BitcoinTalk flags the .pro domains as suspicious.

The innovation is that our App will read, check and prove your computer's power to caluclate the rewards you have to receive, without spend any extra proccessing power. But you need to have your computer on if you want to receive mining/staking rewards.

At this phase Satoshi Coin will be an Ethereum token. A Bitcoin Fork of Satoshi Coin is in our Roadmap.
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 01, 2023, 05:41:19 PM
 #4

I updated the topic with more information
ReversedOne
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
August 01, 2023, 05:46:53 PM
 #5

I updated the topic with more information
But still there is no contract address or Im blind  Grin
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 01, 2023, 06:05:13 PM
Last edit: August 01, 2023, 06:37:47 PM by SATtoken
 #6

I updated the topic with more information
But still there is no contract address or Im blind  Grin

The smart contract for SAT is developed and will be deployed before the end of the sale.

You will be able to claim your tokens at some point during the sale.

Transfers or adding to liquidity will not be possible, but you will have your tokens in your wallet.

We may decide to launch a very small staking pool during the sale to incentivize early buyers, so buying early could potentially earn you more tokens until the end of the sale when PoCP staking and mining starts.
pdneves
Jr. Member
*
Offline Offline

Activity: 97
Merit: 1


View Profile
August 01, 2023, 08:43:03 PM
Last edit: August 01, 2023, 09:14:00 PM by pdneves
 #7

Is there a difference between the ETH and BSC networks regarding the tokens? Is there a minimum / maximum purchase?
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 01, 2023, 09:37:44 PM
 #8

Is there a difference between the ETH and BSC networks regarding the tokens? Is there a minimum / maximum purchase?

The Satoshi Coin will be only on the Ethereum network.We just offer more investment options for ETH and BNB users. You will need ETH to pay the gas when you will claim your tokens.

There is not minimum/maximum purchase.
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 02, 2023, 08:47:42 AM
 #9

PRESALE STARTS IN 8 HOURS & 30 MINUTES
https://SatoshiCoin.co.uk
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 02, 2023, 11:27:29 AM
 #10

PRESALE STARTS IN 6 HOURS
https://SatoshiCoin.co.uk
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 02, 2023, 03:24:32 PM
 #11

PRESALE STARTS IN 2 HOURS
https://SatoshiCoin.co.uk
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 02, 2023, 04:29:03 PM
 #12

PRESALE STARTS IN 1 HOUR
https://SatoshiCoin.co.uk
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 02, 2023, 05:29:58 PM
 #13

🔥 Small delay in the start of the presale!

🚀 We will launch the presale tomorrow.

We deployed BSC and we were waiting on the oracles for the ETH contract which is used to convert ETH to USD so that we can give everyone the same token rate.

Unfortunately the oracles provider has not given us access yet on the ETH side.

So we are moving forward and using Chainlink oracles instead.

As soon as the oracles are coded in to the contracts we will deploy.

Presale now 3rd August 17:22 UTC!

It will be worth the wait!
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 03, 2023, 06:42:50 AM
 #14

Satoshi Coin Hosts Presale and Prepares to Launch Environmentally Friendly Cryptocurrency

SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 03, 2023, 11:55:21 AM
 #15

🚀 THE SATOSHI COIN PRESALE IS NOW LIVE!!!

🔥 BUY HERE:

💰 https://satoshicoin.co.uk/

🟢 LETS GO!!!!!
3_0art
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
August 04, 2023, 02:08:31 PM
 #16

Sounds like a very promising consensus mechanism, which can also lift very well on the current sustainability meta. The time for this concept is now: perfect launch timing!
WariannaDeHeart
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
August 04, 2023, 06:46:46 PM
 #17

SAT Coin,
Love your PoCP protocol, thorough Withepaper, and built in token features such as PEET that prevent holders from pulling large amount to manipulate the chart. I also appreciate the quality of your 7 pages (with ~4 articles per late) worth of quality CryptoPotato articles. The TG community you built is also enjoyable. Thanks for your work!!
Warianna

PS- Airdrop for those interested. If you go to their website, you’ll receive directions on how to receive entries from their (those are based on POW:)
pdneves
Jr. Member
*
Offline Offline

Activity: 97
Merit: 1


View Profile
August 06, 2023, 02:31:13 PM
 #18

Whitepaper seems really good, the project itself seems promising let's hope you can deliver. Pre-sale phase 1 at the moment, let's hope for more engagement. Good luck.
SATtoken (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
August 07, 2023, 12:22:46 PM
 #19

Whitepaper seems really good, the project itself seems promising let's hope you can deliver. Pre-sale phase 1 at the moment, let's hope for more engagement. Good luck.

We can deliver 100% but we have to fill at least our phase 1 presale. To deliver we need to raise funds. But people prefer to lose their money in all these shit meme projects.
pdneves
Jr. Member
*
Offline Offline

Activity: 97
Merit: 1


View Profile
August 07, 2023, 12:41:20 PM
 #20

Whitepaper seems really good, the project itself seems promising let's hope you can deliver. Pre-sale phase 1 at the moment, let's hope for more engagement. Good luck.

We can deliver 100% but we have to fill at least our phase 1 presale. To deliver we need to raise funds. But people prefer to lose their money in all these shit meme projects.

Yeah I understand you, it's just how it is nowadays. I did my part and got some. Now it's just wait for more buyers!
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!