The Brc-20 concept is getting more and more outrageous. Let's sort out some of the changes that Brc-20 has brought about now.

The exchange's big pie was withdrawn crazily:

The number of addresses on the Bitcoin chain has grown wildly. Most of these addresses are used to play Brc20, and Bitcoin on the exchanges is being withdrawn wildly.

Fees skyrocketed:

The inscription casting on the chain has caused abnormal network congestion and a surge in gas fees. Now the transaction fee reward for miners to mine a block has exceeded the output of the block itself. Some mining machines can already pay back their investment within 100 days.

Bitcoin fork dispute:

This is the latest dispute. Many Bitcoin classicists oppose BRC-20 because its emergence will cause Bitcoin congestion for a long time in the future, resulting in longer transfer times and higher fees, which is not conducive to use. Some people even want to fork Bitcoin and not allow the use of the ORDI protocol.

Big Block Promotion:

Pseudo-big-block versions of BSV and BCH began to emerge. BSV once rose by 50%.

First of all, with the birth of Brc-20, the first beneficiary is definitely the project party, but he may not be the biggest beneficiary. The biggest beneficiary should be the miners. Miners can now receive an additional 150 million U in handling fees every month, which makes them very happy. Mining machine manufacturers can also make some money and sell more goods.

I personally feel that the biggest loss is in the exchange. Not only the transaction fees of this on-chain transaction are eaten up by the project party, but also the pie is taken away. In addition, traditional institutions also suffer a loss, because the original low-priced coin distribution is very fair, and they have no advantage at all.

This kind of gameplay that completely reshuffles miners, exchanges, institutions, and retail investors is indeed rare, and the fermentation of Brc-20 has just begun. Let's wait and see what will happen next.

Meat brother operation:

Brc20 is already in the middle of the dispute, and Ordi is undoubtedly at the forefront of the dispute. With a market value of only $400 million and ranking 100, it has such great power. Waiting for the dispute to break out. The bigger the storm, the more expensive the fish. #BTC #Binance