🔶Blockchain Analysis & Metrics

SatNode stands as a decentralized public blockchain, fully compatible with the Ethereum Virtual Machine (EVM), forming the bedrock for the expansive SatNode platform and its ecosystem. Its compatibility with Ethereum extends the execution capabilities to smart contracts that are deployable on Ethereum, ensuring smooth interoperability within the SatNode framework.

In the realm of consensus, SatNode adopts a customized iteration of the Delegated Proof of Stake (dPoS) model, upholding consensus integrity through an extensive network of independent validators. Notably, only one validator is operated by the SatNode core team. These validators play a pivotal role in the governance of the platform, specifically in the adoption of network protocol modifications made possible through SatNode Improvement Proposals (SIPs).

The native currency of the network is SND and is minted with each new block added to the blockchain, serving as the lifeblood for transaction fees.

The SatNode blockchain showcases rapid block confirmation times and minimal transaction costs, maintaining an average 5-second block interval with transaction fees significantly below $0.01.

At the moment, SatNode exhibits the capability to process around 120 native token transactions and 60 TL20 token transactions per second. The accelerated speed for native token transactions is because of their exemption from the computational demands of the network's virtual machine.