1. Abstract
Synorix (SNRX) is an independent SHA-256 Proof-of-Work blockchain forked from Bitcoin Core. It keeps Bitcoin's sound-money fundamentals — a fixed 21,000,000 supply, real proof-of-work security, full transparency — while tuning the network for a fair launch and everyday use: a per-block difficulty algorithm, a non-custodial browser wallet, open mining, and an in-site market. Mainnet is live.
2. Consensus & mining
Blocks are secured by SHA-256 Proof-of-Work, identical to Bitcoin's. Any CPU/GPU/ASIC capable of SHA-256 can mine. There is no pre-mine advantage in the protocol — coins are minted block by block to whoever does the work.
3. LWMA difficulty (the key change)
Bitcoin retargets difficulty every 2,016 blocks. For a small new chain that is dangerous: at launch the difficulty sits at the minimum for an entire retarget window, letting early miners mint a huge share of the supply before difficulty can respond.
Synorix replaces this with LWMA-1 (Linearly Weighted Moving Average) — a per-block retarget that weights the most recent 90 block solve-times. Difficulty reacts to hashrate within a few blocks, so block spacing stays near the 2.5-minutetarget no matter how much hashrate joins or leaves. The result: the supply emits on schedule and cannot be fast-minted, and the chain never stalls if miners drop off.
4. Supply & emission
- Maximum supply: 21,000,000 SNRX (hard cap, enforced by consensus).
- Initial block reward: 50 SNRX.
- Halving: every 210,000 blocks.
- Target block time: ~2.5 minutes (held by LWMA).
5. On-chain treasury
By consensus, 5% of every block reward is paid to a transparent treasury address; the remaining 95% goes to the miner. Because it is on-chain, anyone can audit exactly what the treasury receives. It funds liquidity, ecosystem growth, and development.
6. Wallet & addresses
The web wallet is non-custodial: a BIP39 seed and BIP32 HD keys are generated and encrypted in the user's browser (AES-256-GCM, PBKDF2). Keys never reach the server. Addresses use bech32 with the snrx1… prefix (P2WPKH, SegWit v0). Balance reads and broadcasts go through a read-only proxy to a network node.
7. Network
Nodes peer over the standard Bitcoin P2P protocol with a Synorix-specific network magic and a dedicated port. New nodes discover the network via DNS seeds (seed.synorixcoin.com) or a manual peer. A prebuilt node is published so anyone can run one without compiling.
8. In-site market
SNRX is priced by a constant-product (x·y=k) liquidity pool. Buyers pay USDT (BEP-20) and receive SNRX; the price moves with real demand. This is an independent L1, so it is not natively an ERC-20/BEP-20 — the market bridges USDT payments to on-chain SNRX delivery.
9. Security & honest trade-offs
- Young-chain risk: a small network has low total hashrate, which makes it more exposed to 51% attacks until more independent miners join. More honest miners = more security.
- Automation custody: the market's SNRX reserve is held server-side so payouts can be automatic — a deliberate trade-off, separate from user wallets which remain fully non-custodial.
- Open source: node, wallet, and site are public so every claim here can be verified in code.
10. Status
Mainnet is live. Follow the roadmap for what's next, read the litepaper for a quick overview, or just run a node and verify it yourself.