㊙️《$1000SATS, Make BTC Great Again》

In the world of cryptocurrency, the emergence of $1000SATS SATS has brought new vitality and possibilities to the Bitcoin ecosystem, allowing people to see the opportunity for $BTC to become great again.

🔺 Issuance Mechanism

$SATS is one of the BRC-20 tokens issued through the Ordinal protocol. The Ordinal protocol utilizes the uniqueness, traceability, and content-embedding capabilities of the Bitcoin network's UTXO data structure to embed content in the UTXO data structure of the smallest unit of Bitcoin, “Satoshi,” in the form of inscriptions. It deploys fungible or non-fungible token contracts through JSON data formats and completes the minting and transfer of tokens, with SATS being born from this.

🔺 Concept

The concept of SATS originates from the subdivision and innovation of the traditional Bitcoin trading unit. Its issuance quantity corresponds to the number of the smallest unit of Bitcoin, “Satoshi,” totaling 21 trillion, forming a correspondence with Bitcoin's total quantity of 21 million. One Bitcoin equals 100 million Satoshis, while one SATS is equivalent to one Satoshi. This design concept allows more people to participate in the Bitcoin ecosystem. Even if they cannot afford a whole Bitcoin, they can buy SATS to experience and engage in cryptocurrency investment and trading.

🔺 Minting Duration Process

The minting of SATS began on March 9, 2023, and ended on September 24, lasting 6 months, with a total of 21,107,258 mints and 36,061 holding addresses. During the minting process, due to its participatory nature, a large number of users were attracted to join. Although there was a quantity limit for each mint, the enthusiasm of many participants led to the complete minting of 21 trillion SATS, demonstrating strong community consensus and participation.

With its unique issuance mechanism, innovative concept, and successful minting process, SATS has injected new vitality into the Bitcoin ecosystem, enabling more people to participate in the world of cryptocurrency, and perhaps truly driving BTC to greatness once again, ushering in a new era in the field of cryptocurrency.

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