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Topic: Satx: The Defender of Bitcoin's Spirit (Read 2 times)

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February 12, 2024, 05:26:33 AM
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In the eyes of the vast majority of people, the total amount of Bitcoin is 21 million. Actually, that's just an approximation! A Bitcoin geek has worked out a more accurate total amount of 20,999,999.9769 Bitcoins based on Satoshi Nakamoto's Bitcoin white paper and mining program formula.

The BRC20 inscription Satx, originating from BTC, was built in the same family as the Sats, but was deployed on April 24, 2023, based on the precise total quantity of Satoshi corresponding to Bitcoin. This happened to be the 12th anniversary of Satoshi Nakamoto's departure from Bitcoin on April 23, 2011.  The quantity of single mint is 29,999,999,967 with 70000 mints in total. The total quantity of the inscription is 2,099,999,997,690,000 , which accurately corresponds to the precise total quantity of Satoshi of Bitcoin.

Why is it named Satx? Sat is referred to as Satoshi, the smallest unit of Bitcoin and the most primitive properties of Bitcoin. X stands for the unknown and infinite possibilities, which is also a very popular English letter among many people. Elon Musk particularly likes the letter X, to the extent that he changed the Twitter name to X. It can be said that in the BRC20 Inscription Track, Sat ( short form for Satoshi ) is the term with the most original properties of Bitcoin, and Sats and Satx are undoubtedly the best BRC20 Inscription Names: Sats expresses the plural form of Sat. While the extensibility of Satx is relatively much stronger, and it is a more imaginative narrative term.

With the approval of Bitcoin ETFs and the approaching halving of Bitcoin's output, the Bitcoin ecosystem will usher in a new prosperous scene in 2024, and the Inscription track is expected to usher in new development opportunities. As a rising star in the 2024 BRC20 sector, Satx is expected to be strongly driven by miners and other stakeholders.

In the long river of history, Satx will shoulder the historic responsibility delivered by Satoshi Nakamoto, continuing his great blockchain dreams and beliefs.

At present, Satx is just like a baby who needs the care and supoort from grown-ups.  I sincerely hope that all true BTC belief holders can stand by Satx and try to help Satx grow fast and strongly.


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