#arc20 #dmnt #NFTs #realms #gpts "Atomic Protocol: Technological Explorations in the Digital Matter Revolution"
With the rapid development of Bitcoin and Web3 technology, Atomic Protocol emerged as the times require, aiming to promote the revolution of digital ownership and value through a series of innovative technologies. This article aims to comprehensively introduce the core concepts, technical details and future prospects of the atomic protocol.
The Early Internet and the Decline of Freedom
In the early days of the internet, users enjoyed unprecedented freedom and connectivity. Over time, however, this freedom has been threatened by surveillance, data mining, and algorithmic control. The emergence of Atomic Protocol aims to restore this freedom and promote a revolution in digital ownership and value.
The core components of the atomic protocol
Atomic Protocol achieves its goals through the following key technologies:
Non-fungible tokens (NFTs) and fungible tokens (FTs)
- NFTs: In the Atomic Protocol, NFTs are regarded as unique digital objects with traceable history. They can be in any file form, such as pictures, PDFs, videos, etc. The history of these digital objects is immutable, providing a global, auditable infrastructure for digital artwork, in-game items, and more.
- FTs (ARC20 tokens): The fungible tokens in the Atomic Protocol, namely ARC20 tokens, are a form of tokens endorsed by Bitcoin. Each ARC20 token unit is tied to one Satoshi, providing true intrinsic value to the token and solving the colored coin problem.
Decentralized Naming System (Realms)
Atomic Protocol introduces a new decentralized naming system (Realms) that uses the "+" identifier instead of the traditional top-level domain name to provide users with an unstoppable, permanent digital identity. Compared with traditional domain names and the Ethereum Name Service (ENS), Realms have the following differences:
- No renewal required: Unlike DNS and ENS, which require periodic renewal, once Realms are registered, they belong to the user permanently, and there is no need to worry about losing ownership.
- Decentralization and security: Realms is based on the Bitcoin network and provides a higher degree of decentralization and security than ENS.
- Concise identifier: Using "+" as an identifier, Realms provides a more concise and intuitive naming method for network identities and resources.
Decentralized coin (Demint)
The Atomic Protocol simplifies the launch process of NFT projects, allowing artists and creators to automatically complete the end-to-end minting process by providing image folders and metadata, greatly lowering the technical threshold.
Atomic Protocol Virtual Machine (AVM)
Atomic Protocol is developing AVM to run smart contract programs on Bitcoin, further expanding the possibilities for digital assets and automated transactions.
Cross-chain interoperability
Atomic Protocol plans to incorporate other UTXO-based blockchains into its framework, with Bitcoin as the center, to realize value and data circulation between different blockchains, demonstrating its grand vision for future blockchain technology integration.
in conclusion
Through its unique technical details and innovations, the Atomic Protocol not only aims to restore and enhance individuals’ digital autonomy, but also brings more innovations and possibilities to the Web3 world. From NFTs and ARC20 tokens, to decentralized naming systems (Realms) and the Demint process, to future AVMs and cross-chain interoperability, Atomic Protocol is shaping the future of digital ownership and value exchange.
Original video link: https:// www.youtube.com/watch?v=haeZTY7tKTo