Halving countdown, what feasts are there in the Bitcoin ecological feast?
Bitcoin ecological concept tokens perform strongly
Under the current weak market, the Bitcoin ecological-related token market is relatively strong, attracting market attention.
With the countdown to Bitcoin halving, these related sectors and tracks are highly anticipated.
1. Halving concept coins are highly anticipated
With the approach of Bitcoin halving, multiple halving concept coins have begun to attract market attention. Among them, BCH has risen sharply in recent times and plans to upgrade in May to implement a new block size limit algorithm. In addition, multiple halving concept coins such as BSV, ETC, and DASH are also highly anticipated by the market.
2. Runes protocol challenges BRC20
In order to solve the drawbacks of the BRC20 protocol, the simpler Runes protocol will be officially launched after the Bitcoin halving. Unlike BRC20, the Runes protocol saves all rune balances in unspent UTXO, solves the problem of useless UTXO expansion, and improves security. In addition, the BRC20 protocol has also been upgraded, introducing improvements such as the self-issuance mechanism.
3. Bitcoin Layer2 Ecosystem Releases Positives
With the advent of Bitcoin halving, the Bitcoin Layer2 ecosystem, which has attracted much attention in the market, has also stated that it will release a series of positives. Including the unlocking of Merlin Chain's pledged assets, the Nakamoto upgrade of Stacks, the launch of B² Network's mainnet, and the launch of BounceBit's mainnet, all of which will bring more application scenarios and possibilities to the Bitcoin ecosystem.
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