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 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
This article will introduce the six main websites currently involved with BRC-20 tokens, assisting users in quickly understanding how to buy and sell BRC-20 tokens and keeping an eye on the activity of the Bitcoin network. This article will also provide insight into the overall mood of the Bitcoin market.
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.
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.
The Bitcoin ecosystem has recently witnessed explosive growth with the launch of BRC-20 tokens as the total Market Cap of these tokens built on the Bitcoin base chain reached a milestone of $1 billion.