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About SATOXCOIN
“WHAT IS SATOX? SATOX is primarily about the safety and privacy of your funds; that’s why transactions are anonymous. We believe that only POW GPU-based blockchains are genuinely decentralized and censorship-free. Everyone should be able to continue home mining in post-2022, so SATOX will always be a POW-oriented chain. The SATOX project has a primary mission to implement POG, but only in split consensus with POW. True crypto was founded with the concept of POW mining and shall remain so on in the future.
For now, implementing the feature Play2Earn on game servers like Minecraft is in progress, but absolute POW / POG consensus is the ultimate goal. SATOX uses the KAWPOW algorithm, mainly known to people mining RAVENCOIN, but it also supports other cryptocurrencies like SATOX. The algorithm is protected against ASIC, which leads to potential centralization. SATOX is a digital or virtual currency secured by cryptography; many cryptocurrencies are decentralized networks based on blockchain technology distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.”
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