Defi, Games, NFTs and more - For Bitcoin Users
SatoshiChain is an EVM-compatible blockchain that aims to complement the original Bitcoin cryptocurrency
INCENTIVIZED TESTNET & AIRDROPS
SatoshiChain will be allocating a significant amount of SatoshiChain Governance tokens ($SC) to testnet participants, developers, and many others. This is an exciting opportunity for users to earn free tokens simply by participating in a few easy steps.
To qualify for the airdrop process, users can participate in the following tasks:
● Join the SatoshiChain Telegram group: http://t.me/SatoshiChain_Portal
● Join the SatoshiChain Discord server: https://discord.gg/t74zRMnp5v
● Follow SatoshiChain on Twitter: https://twitter.com/DeFi4BTC
● Connect to the SatoshiChain Testnet: https://satoshichain.medium.com/connecting-to-the-satoshichain-testnet-a697ffec0963
● Request SATs from the faucet: https://faucet.satoshichain.io/
● Trade an asset, add liquidity, and test functionality on the SatoshiX exchange: https://satoshix.io
● Develop dApps, deploy smart contracts, and add new protocols to the SatoshiChain ecosystem.
● Identify and report bugs, security flaws, and other problems with SatoshiChain.
By completing these simple tasks, users will be eligible to receive an Airdrop from SatoshiChain. This is an excellent opportunity to get involved with a promising project and earn some extra crypto along the way. As we approach mainnet launch, we will be announcing airdrop allocation details, the reward point scheme, and more details on how many $SC tokens participants will be eligible for. Until then, we are keeping specific and exact details undisclosed in order to encourage increased testnet participation. We will make this clear though: The more you do on SatoshiChain testnet, the more likely you are to receive more $SC tokens.
SatoshiChain is a blockchain-based platform that aims to revolutionize the way that we interact with Bitcoin. With a focus on security, speed, and scalability, SatoshiChain is poised to become a leading player in the industry.
The airdrop process is just one way that SatoshiChain is engaging with its community and rewarding users for their support. By offering airdrops to participants, the team hopes to generate interest and excitement around the project.
Overall, the SatoshiChain airdrop process is an exciting opportunity for users to get involved with a promising project and earn some extra crypto along the way. By completing a few simple tasks, users can receive an airdrop and learn more about the SatoshiChain platform. So, what are you waiting for? Join the SatoshiChain community today!
Check this page often to stay up to date on our latest airdrops and opportunities.
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DEFI FOR BITCOIN
What is SatoshiChain?
SatoshiChain is a proof-of-stake blockchain that aims to complement the original Bitcoin cryptocurrency by bringing scalability, security, robustness and utility to Bitcoin. It utilizes the Satoshi currency ($SAT) and allows for the use of Decentralized Finance applications such as NFTs, games, and decentralized applications (dApps) for the Bitcoin community. The bridge also allows for easy conversion between BTC and SAT.
SatoshiChain is an EVM-compatible blockchain that aims to complement the original Bitcoin cryptocurrency. As a proof-of-stake blockchain, SatoshiChain seeks to bring scalability, security, robustness, and utility to Bitcoin. In short, the SatoshiChain doesn’t compete with Bitcoin. Instead, it aims to harmonize with the original crypto and enhance it with smart contract capability.
SatoshiChain enhances $Bitcoin to bring Decentralized Finance applications like NFTs, games, and decentralized applications (dApps) to the $Bitcoin community. Unfortunately, $Bitcoin cannot support any of these applications (or any other dApps) as is.
SatoshiChain fixes this.
SatoshiChain utilizes the Satoshi currency ($SAT). A single bitcoin ($BTC) is divisible, just like dollars, and the smallest unit is called a Satoshi. When you bridge your $BTC to SatoshiChain, you receive $SAT in your wallet. There are 100 million Satoshis ($SAT) in one bitcoin, meaning each Satoshi is worth 0.00000001 BTC.
The bridge works both ways, so when you withdraw your $SAT out of SatoshiChain, you receive $BTC in your Bitcoin wallet according to the same conversion rate.
Connect To SatoshiChain Testnet
Network name: SatoshiChain Testnet
RPC URL: https://rpc.satoshichain.io/
Chain ID: 5758
Block Explorer URL: https://satoshiscan.io
Get Testnet $SAT:
SATOSHICHAIN RELIES ON THE FOLLOWING KEY PRINCIPLES:
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SATOSHICHAIN SMART CONTRACT
The management of the validator along with their selection, reward distribution, and staking are all performed by the smart contracts of the protocol. These contracts are deployed in the genesis block. On the SatoshiChain, there are six different types of smart contracts.
manages disciplinary actions against validators who do not follow the predetermined rules of the chain.
What is SatoshiChain ($SC) Token?
$SC token is the governance token that gives holders the right and ability to vote and decide on decisions that affect the entire SatoshiChain ecosystem, as well as enables validators to contribute to the SatoshiChain ecosystem.
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🚀 step by step to the moon 🚀
Design and Conception: Initial design and planning of the SatoshiChain platform.
Website Launch: Launch of the official SatoshiChain website.
Devnet Launch: Launch of the SatoshiChain devnet, a test environment for developers to test and refine the platform.
Whitepaper Completion: Completion and release of the SatoshiChain whitepaper, detailing the technical specifications and design of the platform.
Validator, Ambassador, and Partnership Recruitment: Recruitment of validators, ambassadors, and partners to help build and promote the SatoshiChain platform.
Advisory Board Formed: Formation of the Advisory Board to provide guidance and support to the SatoshiChain team.
Testnet Launch: Launch of the SatoshiChain testnet, allowing for the testing and refinement of the platform’s features.
Mainnet Launch: Launch of the SatoshiChain mainnet, allowing for the use and deployment of decentralized applications on the platform.
$SC Token Launch: Launch of the SatoshiChain $SC token, used for governance, validation, and other platform-related activities.
$SC Community Airdrop: Distribution of $SC tokens to the SatoshiChain community as a reward for their support.
First CEX Listings: Listing of the $SC token on one or more centralized exchanges (CEX), allowing for buying and selling of the token.
Loyalty Program Launch: Launch of a loyalty program, rewarding platform users for their engagement and contributions.
Additional CEX Listings: Listing of the $SC token on additional centralized exchanges.
Additional Partnership Recruitment: Recruitment of additional partners to expand the reach and impact of SatoshiChain.
Grant Program Launch: Launch of a grant program to provide funding and resources to developers building on the SatoshiChain platform.
Staking Program Launch: Launch of a staking program, allowing for the passive earning of $SC tokens through holding and staking them.
Begin Testnet Transition from PoA to PoS: Beginning of the transition from a Proof of Authority (PoA) consensus mechanism to a Proof of Stake (PoS) mechanism on the testnet.
SatoshiChain DAO Launch: Launch of the SatoshiChain Decentralized Autonomous Organization (DAO), allowing for decentralized governance and decision-making on the platform.
Expansion of the Grant Program: Expansion of the grant program to provide more funding and resources to developers building on SatoshiChain.
Begin Mainnet Transition from PoA to PoS: Beginning of the transition from a PoA consensus mechanism to a PoS mechanism on the mainnet.
Additional Validators Added: Addition of additional validators to increase the security and decentralization of the SatoshiChain platform.