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.
2023-12-17 07:14:46
This article introduces Ordinals token standards beyond BRC-20 and analyzes them from the perspective of BRC.
2023-12-17 04:29:09
The article begins with the fundamental principles and technical details of Ordinals technology, analyzing its developmental trajectory and examining the importance and roles played by Segwit and Taproot upgrades. It then delves into the concept of recursive inscriptions, explaining their innovative uses through real-world cases.
2023-12-17 04:01:08
A crypto trading bot is a software program that uses artificial intelligence and machine learning to observe the market and automatically execute cryptocurrency trades in line with predefined algorithms.
2023-12-17 02:35:40
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.
2023-12-14 00:29:33
This article will take you on a deep dive into the world of Ethscriptions, providing a detailed analysis of its functioning mechanism, security features, key differences from traditional NFTs and Ordinals, and the potential for future development. We will uncover the core value and potential impact of Ethscriptions as an emerging application on the Ethereum blockchain, offering you a clear understanding and profound insights.
2023-12-14 00:04:22
This overview delves into the concepts of inscriptions and ordinals. Before exploring these concepts, a stroll through the history of storing arbitrary data on Bitcoin is taken to understand why these ideas are not entirely new.
2023-12-12 18:27:03
This article explores that the Bitcoin inscription has once again come out of the circle of community debates. Behind it, there is a desire for a diverse Bitcoin ecosystem.
2023-12-12 18:10:52
This article reviews popular events in the market and analyzes the development of Bitcoin and the interests of various developers.
2023-12-12 17:36:26
As the fervor around Ordinals and BRC-20 intensifies, a key question emerges: how can Bitcoin scale while maintaining its store of value, ensuring sustainable growth for the future?
2023-11-26 13:34:06
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.
2023-11-12 18:13:35
UniSat Wallet is a Chrome plugin wallet designed for the BTC ecosystem. Like MetaMask, it assists users in storing, minting, and transferring BRC-20 tokens, as well as buying and selling BTC, NFTs, domain names, and more.
2023-09-20 02:45:36
BRC-20 tokens have emerged as an innovative development on the Bitcoin network. They operate differently from ERC-20 tokens. What makes BRC-20 tokens unique? Find out here.
2023-07-27 03:27:42
Discover the top 5 BRC20 tokens that are making waves in the cryptocurrency market. Explore the thriving BRC20 economy and its rapid growth, driven by meme tokens and DeFi projects. Learn about the benefits of BRC20 tokens, their programmability, and their reliance on the secure Bitcoin blockchain. Understand the difference between BRC20 tokens and Layer-1 coins. Compare the ease of use of BRC20 tokens with ERC-20 tokens. Dive into the history of BRC20 tokens and explore notable tokens like ORDI, PEPE, PIZA, VMPX, and OXBT. Stay informed about the latest developments in the dynamic world of BRC20 tokens.
2023-07-13 16:17:48
Bitcoin ordinals are unique digital assets on the Bitcoin blockchain with potential use cases in art, gaming, and entertainment, and gained popularity especially through Bitcoin Ordinal NFT collections.
2023-06-08 04:16:46