1. Satx is the smallest unit of Bitcoin (satoshi): According to the Bitcoin white paper, the total amount of Bitcoin will be 20999999.97690000 until the mining ends in 2140. The market usually calculates the total amount of Bitcoin as 21 million, but according to the principle of halving every 210,000 blocks in the white paper, Bitcoin is becoming increasingly scarce. In the 32 years from 2108 to 2140, the Bitcoin network can only produce 0.617 coins. Satx is the earliest and only token in BRC20 that is benchmarked against the Bitcoin white paper and named after satoshi. It was deployed on April 24, 2023 and minted on January 1, 2024. At that time, Twitter had not yet changed its name to X, Ordi was still unknown, and sats had only minted less than 1%.
2. The coincidence of deployment time:#satxwas deployed in the BTC block on April 24, 2023, 12 years after the Bitcoin pioneer Satoshi Nakamoto left the Bitcoin forum (Satoshi Nakamoto disappeared after posting the last post on the Bitcoin forum on April 23, 2011, and Bitcoin has since become ownerless and a representative of decentralization). Moreover, the fourth halving of Bitcoin is also around April 24, 2024. This is not a coincidence, but God's will. Great naming is closely linked to major Bitcoin events. This will also become one of the great narratives of satx.
3. Satx is an important member of the BRC20 ecosystem. The BRC20 ecosystem will become the starter of this bull market, backed by Bitcoin's huge computing power and the world's most secure decentralized network. They are different from other L2 networks. To be honest, Ethereum's smart contracts can solve many problems, and Ethereum can actually solve everything that its major L2s do.
Bitcoin is completely different. It is a great representative of decentralization. Because it sacrifices efficiency to ensure the two key elements of decentralization and security, it cannot execute more events and can only serve as a peer-to-peer settlement system.
Now the pioneers are ready to use the security and powerful computing power of the Bitcoin network to do more things, which will be more conducive to the healthy development of Bitcoin and will continue to promote safe decentralization. With BRC20 today, grasping BRC20 is equivalent to grasping the future. Safe, efficient, and decentralized, this will be another pioneering work of mankind.
4. Satx is now called precise satoshi, encrypted satoshi, and bit satoshi. This reflects the market's recognition of it. The encryption world is rigorous and precise; and Satx meets these requirements. It is bound to become the representative of the true smallest unit of Bitcoin, satoshi.
5. Because it is benchmarked against Bitcoin, it is sought after by Bitcoin enthusiasts. People with Bitcoin are hoarding it, and people without Bitcoin are acquiring it. If you hold SatX now, you can get three times the profit with the same amount of money.
1. Satx is in its earliest stage, with a market value of only 2M. It has a huge future potential and will yield returns of a hundred or a thousand times.
2. Satx is benchmarked against Bitcoin. Its rise allows you to exchange for more Bitcoins at any time.
3. Global currencies are depreciating. Now use your currency, which will continue to depreciate, to purchase stable targets that are about to explode rapidly.
6. Bitcoin is about to face its fourth halving. From now on, the rate at which miners obtain Bitcoin will also be halved. It is difficult for miners to maintain a balanced income simply by relying on the rise of Bitcoin.
We all know that Bitcoin relies on powerful computing power to support its security, so BRC20 has been supported by miners all over the world, some of whom directly sell various powerful tokens to obtain another share of income. Therefore, SatX is long-term and safe.
7. It has only been about half a month since the casting of satx was completed. It is in the earliest stage of the market. We all know that in the crypto world, as long as you choose the right track, you will get good returns. Satx not only meets the requirements of the track, but is also in a very early stage, waiting for the big explosion of Bitcoin halving.
8. BRC20 has no project owner, and relies on the holders to spontaneously form a DAO community for operation. The previous ICO, IEO, and IDO will disappear in fair casting. Satx has an active, united, inclusive, progressive, and innovative community. The community will bring many resources to the operation and development of Satx. At present, it has carried out in-depth cooperation with international communities such as Oilverse and Void.
9. Binance is about to open the brc20 section of the web3 wallet, and the market will usher in explosive growth. Binance has 170 million registered users in more than 100 countries around the world and is one of the world's top vex.
The opening of Binance will lead brc20 to all parts of the world, with the majority of players currently being Chinese.
10. The Ouyi web3 wallet is completely open source, which provides technical support for other CEXs that do not have a strong technical team to deploy BRC20. Next, we will see BRC20 flourish in the global CEX, and I believe we will see that SATX is one of the most brilliant targets.
BRC20 is in its early stages, and its overall market value is less than $3 billion. Ethereum ERC20 has a market value of over $50 billion. L2 built on a chain that is more powerful and secure than Ethereum must be more powerful than Ethereum L2. Ethereum L2 accounts for about 20% of Ethereum's market value.
The market value of Bitcoin is nearly 900 billion US dollars. Even if it accounts for 20% of the market value like Ethereum, it will be around 180 billion. From the current overall market value reference, it is still 60 times, and the dark horse among them is thousands of times, tens of thousands of times, just like Ordi at the beginning.
To sum up, you should understand the significance of holding satx!