BRC-20
BRC-20 is an experimental fungible token standard using Ordinal protocol on Bitcoin.
Ordinals gives each individual Bitcoin satoshi ( Sat.) a unique number, then enable sat to connect with text and pictures, making it possible to record complex messages on Bitcoin.
This articleTo understand the inscription from the perspective of NFT compared to ETH,combined with current eventsExploring the centralization problem of BRC-20.
This article primarily explores the reasons behind the recent 7-fold increase in the token value of Bounce Finance, a well-known Bitcoin IDO platform.
This article focuses on the origins and current status of the Bitmap protocol and the BRC-420 standard. The Ordinals protocol uses a numbering method for sats (the smallest unit of Bitcoin) to create inscriptions, which are metadata written onto sats, like text or images. Bitmap is an open-source standard similar to the Ordinals protocol, allowing users to own an entire Bitcoin block and inscribe onto it. Each inscribed block forms a part of the metaverse. BRC-420, established by Recursiverse (RCSV), is a Bitcoin chain asset management protocol based on the Ordinals and Bitmap protocols. While the Ordinals protocol supports inscriptions on individual sats, BRC-420 allows multiple inscriptions to recursively combine into a complex inscription. The BRC-420 format is fully open-source, enabling anyone to create their own "metaverse inscriptions."
This article discusses asset issuance protocols on the Bitcoin chain. These protocols are all metadata protocols, which define an asset by recording some information in a Bitcoin transaction.
This article will start by delving into the development history of inscriptions, introducing the technical principles and underlying logic of inscription. Through real-life examples, it will guide you on how to inscribe, create your own inscriptions, and explore various ways to earn money through inscriptions. Finally, the article will engage in a discussion on the future development of inscriptions.
This article mainly introduces public chain wallets and data analysis websites, as well as operation guides for BRC-20 and ASC-20. The essence of inscription is an off-chain consensus. Inscription is based on the supply and demand relationship and is a zero-sum game. Anyone can deploy and mint inscriptions.
The right tools can make exploring and investing in inscriptions twice as effective. This article introduces nine tools across four major areas of inscriptions.
This article introduces the BRC20 ecosystem IDO platform and its project incubation.
This article explains how to mint BRC-20 on the Bitcoin network.
This article analyzes the pure consensus-based meme coin ORDI.
This article summarizes the phase-wise perspectives on topics such as the standards for inscription assets and high-quality assets, the value proposition and business innovation of BRC20 assets, and the mechanism and driving forces behind the surge in inscription assets.
This year has witnessed an explosive growth in the Bitcoin ecosystem. First came Ordinals, followed swiftly by the BRC-20 tokens that took the crypto industry by storm. In just two months, the market capitalization of BRC-20 reached a staggering 1 billion USD. BRC-20 allows for the minting and transfer of fungible tokens on the Bitcoin platform via the Ordinals protocol. However, Rodarmor believes that the problem with BRC-20 tokens lies in their use of "spam" Unused Transaction Outputs (UTXO) to flood Bitcoin. In an article on September 26th, he highlighted that BRC-20 tokens result in "adverse UTXO proliferation" and proposed Runes as a UTXO-based alternative. So, what improvements does this new protocol offer compared to BRC-20? Why did Ordinals founder Casey Rodarmor propose this new protocol? Will the introduction of this new protocol pose a threat to BRC-20? In this article, we'll provide a comprehensive breakdown of the "Runes" protocol.
Recursive Inscription, as a major update to Ordinals, has brought new innovative applications to the BTC ecosystem. Among them, PixelWar stands out with the highest number of recursive iterations on the market. This article will introduce you to the mechanics, tokenomics, and potential considerations of PixelWar.
BRC-20 aims to establish a new standard for creating interchangeable tokens using Bitcoin's underlying layer. This article explains the basic concepts of the BRC-20 token, covers everything from its origins, working principles, pros and cons to use cases, and discusses the potential impact and development of Web3 in the future.
TRC-20 wallets are essential tools in the TRON ecosystem, offering secure storage, convenient management, and seamless integration with decentralized applications, enabling users to fully participate in the TRON blockchain and maximize their engagement with TRC-20 tokens