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WHAT IS SATOSHI?

DISCOVERING SATOSHI

SAT is the smallest divided unit of the Bitcoin. SAT can be referred to as “the son of Bitcoin”, as it optimized with the blockchain generation speed to meet daily life transaction requirements.

The SAT network is open to everyone. Regardless of where you are in the world, you are welcome to join us in building a blooming and truly digital economy.

LEARN ABOUT
WHAT IS SATOSHI?

DISCOVERING SATOSHI

SAT is the smallest divided unit of the Bitcoin. SAT can be referred to as “the son of Bitcoin”, as it optimized with the blockchain generation speed to meet daily life transaction requirements.

The SAT network is open to everyone. Regardless of where you are in the world, you are welcome to join us in building a blooming and truly digital economy.

SAT Architectural Overview

The SAT is based on a peer-to-peer (P2P) distributed network architecture, which works with a different type of nodes. A complete SAT node includes route, blockchain database, miner, and wallet. Each node is joined to the SAT P2P network as a route to discover nodes and keep connected. Every node participates to verify and disseminate blocks.

SAT Nodes Protocol


SAT’s node adopts the TCP protocol and uses port 8868 to establish a connection with neighboring nodes.

The SAT System


The SAT network uses proof-of-work mining algorithms. SAT system miners time-plan their own resources, leveraging mining optimization and have the power to execute calculations using CPU, GPU, and ASIC devices. With interest and confidence in the SAT from all over the world, the SAT network operates with decentralized nodes. This system generates a block every 2.5 minutes on average, and the first transaction in the block will produce SAT owned by the creator of the block (miner), incentivizing nodes to support the entire network.

The difficulty of the proof-of-work is determined by the average number of blocks generated per hour. If the speed of block generation becomes faster, the difficulty increases accordingly.

SAT Network

A node is an electronic device that is attached to a network in blockchain distributed. The way to become a ‘node’ in the SAT network is through computer or other devices connected to the network of the server to conduct transactions or mine in SAT network.

NEW TRANSACTIONS ARE BROADCASTED TO ALL NODES.

EACH NODE COLLECTS NEW TRANSACTIONS INTO A BLOCK

EACH NODE WORKS ON FINDING A DIFFICULT PROOF-OF-WORK FOR ITS BLOCK.

WHEN A NODE FINDS A PROOF-OF-WORK, IT BROADCASTS THE BLOCK TO ALL NODES.

NODES ACCEPT THE BLOCK ONLY IF ALL TRANSACTIONS IN IT ARE VALID AND NOT ALREADY SPENT.

NODES EXPRESS THEIR ACCEPTANCE OF THE BLOCK BY WORKING ON CREATING THE NEXT BLOCK IN THE CHAIN, USING THE HASH OF THE ACCEPTED BLOCK AS THE PREVIOUS HASH.

NEW TRANSACTIONS ARE BROADCASTED TO ALL NODES.

EACH NODE COLLECTS NEW TRANSACTIONS INTO A BLOCK

EACH NODE WORKS ON FINDING A DIFFICULT PROOF-OF-WORK FOR ITS BLOCK.

WHEN A NODE FINDS A PROOF-OF-WORK, IT BROADCASTS THE BLOCK TO ALL NODES.

NODES ACCEPT THE BLOCK ONLY IF ALL TRANSACTIONS IN IT ARE VALID AND NOT ALREADY SPENT.

NODES EXPRESS THEIR ACCEPTANCE OF THE BLOCK BY WORKING ON CREATING THE NEXT BLOCK IN THE CHAIN, USING THE HASH OF THE ACCEPTED BLOCK AS THE PREVIOUS HASH.

The broadcast of new transactions does not have to reach all nodes. As long as these transactions are broadcasted to enough nodes, these transactions will be integrated into a block soon. Block broadcasting also allows message loss. If a node does not receive a block, when the node receives the next block, it will know that it missed a block and will generate a request for the missing block.