# Coin Specification

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## **Coin Specifications**

**Name:** Satoxcoin \
**Ticker:** $SATOX \
**Algorithm:** KawPoW \
**Block Reward:** 300 SATOX [(-10% P2E Funding)](https://xplore.satoverse.io/address/SQ5iQMsmqZiYY96rTx5Hisd7sx5GiGUbbN) = 270 SATOX\
**Block confirmations**: 10 Blocks\
**Block time:** 60 seconds\
**Type:** POW\
**Burned coins:** [1+ Billion](https://xplore.satoverse.io/address/SQBurnSatoXAddressXXXXXXXXXXUqEipi)\
**Max supply:** 8 Billion SATOX (Mined over 100 years) 

**Premine:** 3.5B SATOX (Swapped from the SATO chain to the new SATOX chain)

**Re target Algorithm:** DGW \
**Instamine Protection**: 1000 Blocks. \
**Halving time:** 4 Years \
**p2p port:** 60777 \
**rpc port:** 7777
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