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Electron ARC20 Community
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04/06/2024 01:00 am
To the moon web 3
$BTC
$electron
#electron🪄⚛️🔮🔥💸
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About electron electron is an ARC-20 token that is issued on the Bitcoin chain using the Atomicals Protocol. This protocol offers a simple yet versatile framework for minting, transferring, and updating digital objects (often called non-fungible tokens or NFTs) within unspent transaction output (UTXO) blockchains like Bitcoin. An Atomical, or “atom”, provides a method for managing the creation, transfer and updating of digital objects, effectively establishing a chain of digital ownership governed by some basic rules. The Atomic specification is the simplest possible way to organize digital ownership on blockchains like Bitcoin. Its implementation is simple and guarantees maximum flexibility to manage both static and dynamic assets, artifacts and digital objects. The rules are designed to be so clear that using Atomicals as mining fees by mistake is virtually impossible. Additionally, it simplifies verification of ownership transfers to the intended recipient, eliminating the need for third-party verifications or running an indexer. Atomicals are self-evident stories of digital objects. Atomicals essentially provide self-evident histories of digital objects. Despite this, most developers and services will likely still opt for the convenience of running their own indexer to access additional benefits. Atomicals Protocol addresses the long-standing challenge of representing arbitrary fungible assets on the Bitcoin blockchain. The ARC-20 fungible token standard finally brings colored coins to Bitcoin and uses each satoshi to represent units of ownership of the implemented tokens. As a result, each token unit is perpetually backed by 1 satoshi, which serves as “digital gold content” that underpins the value of the token. This also implies that the value of each token can never fall below 1 satoshi, by definition. ARC-20 uses the native satoshi unit to represent each token, allowing them to be split and combined just like traditional Bitcoin. #Bitcoin $BTC #ElectronARC20
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Atomicals #ARC20 Tokens can be transferred, split, merged just like regular Bitcoin satoshis. No additional transactions needed. Satoshi Nakamoto designed a beautiful system and we leverage that to the fullest. $BTC #electron
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The competition has no idea about the atomic bomb that is about to fall. #electron🪄⚛️🔮🔥💸 #Bitcoin(BTC) $BTC
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We are running an experimental donation fundraiser for AVM launch. ⚡️ We will be assigning the copyright notice of the Atomicals Virtual Machine #AVM core interpretor over to all the donators. The code is open source MIT license and we have the opportunity to ascribe the names and messages by donators to the code as a symbolic appreciation. As the days go on we will gradually reveal more about the #Atomicals Virtual Machine architecture and design which will culminate in a Public BETA launch within a few weeks. We have not finalized the details of the donation fundraiser, but the ultimate purpose is to ensure there is a strong funding base for long term developments. We repeat that we are committed to delivering AVM and building our vision even if we receive absolutely nothing. We will never launch a token for fundraising and not launch a security of any kind. The community has many projects and options and we wish to keep this fundraising as pure as possible while also thinking of what we can offer in return. The Atomicals Virtual Machine and Smart Contracting on Bitcoin will set a trend in the entire ecosystem and we are preparing for the long battle ahead once everyone realizes our method is absolutely superior to all the other solutions out there. That's why we are seeking fundraising to prepare for the long multi year war ahead of us. Donate below if you find our work valuable and if you wish for your name and/or a short message to be attached to the open source license of the #Atomicals AVM interpretor and be immortalized. We are open to creating a commemorative NFT drop and other ideas as well. Stay tuned as we reveal the details of this system we have been working on and stay tuned for other ideas for how we can show appreciation to all contributors. Donate Address: wizz wallet bc1pyfsp8a40r97nvvxma2cqf45stux7azkzv8cxgff2szqr3mgjqjmsdeaacc
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The competition has absolutely no idea about the atomic bomb about to drop. Just like #atomicals and #ARC20 Satoshi backed tokens, this method and system absolutely *must* exist in the world. It will be unlike anything out there. And yet it will perfectly fit with #ARC20. ⏳ 1.-Okx 2.-Bitget 3.-gate.io 4.-Bytbit
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