BRC-20
173,760 views
72 Posts
Hot
Latest
🗞 CryptoNews of the Day 🗞
Binance Web3 Wallet Launches Bitcoin Inscriptions Marketplace: Binance, the world's largest cryptocurrency exchange, has announced the launch of an in-app Inscriptions Marketplace.
DETAILS :
https://coinmarketcap.com/academy/article/binance-web3-wallet-launches-bitcoin-inscriptions-marketplace$BTC
#Write2Earn #binance #BTC #BRC-20 #Q83CommUNITY
Binance Web3 Wallet Launches Bitcoin Inscriptions Marketplace: Binance, the world's largest cryptocurrency exchange, has announced the launch of an in-app Inscriptions Marketplace.
DETAILS :
https://coinmarketcap.com/academy/article/binance-web3-wallet-launches-bitcoin-inscriptions-marketplace$BTC
#Write2Earn #binance #BTC #BRC-20 #Q83CommUNITY
Bitcoin #BRC-20 tokens near $1.5 billion market cap amid inscription frenzy
The BRC-20 tokens, a token standard on the #bitcoin blockchain, have witnessed an unprecedented resurgence in trading volume and price. This resurgence became notably evident on May 8, 2023, when the total market cap of BRC-20 tokens approached a significant $1 billion.
Currently, the BRC-20 ecosystem, consisting collectively of 214 #tokens , nears an even more impressive market cap of $1.5 billion.
Ordinals, the highest market cap currently at $460 million, stands out among these tokens. The value of one #Ordinals token stands at $21, which is quite close to its all-time high of $29. This specific surge in the value of Ordinals, and consequently BRC-20 tokens, can be attributed to the frenzy surrounding the inscription over the last few weeks.
The BRC-20 tokens, a token standard on the #bitcoin blockchain, have witnessed an unprecedented resurgence in trading volume and price. This resurgence became notably evident on May 8, 2023, when the total market cap of BRC-20 tokens approached a significant $1 billion.
Currently, the BRC-20 ecosystem, consisting collectively of 214 #tokens , nears an even more impressive market cap of $1.5 billion.
Ordinals, the highest market cap currently at $460 million, stands out among these tokens. The value of one #Ordinals token stands at $21, which is quite close to its all-time high of $29. This specific surge in the value of Ordinals, and consequently BRC-20 tokens, can be attributed to the frenzy surrounding the inscription over the last few weeks.
Exploring BRC-20 Token Standard: A Glimpse into Bitcoin's Token Revolution. 🟠🟧🔶
In the dynamic landscape of blockchain technology, BRC-20 has emerged as a noteworthy topic, representing an experimental token standard designed for the Bitcoin blockchain. Drawing inspiration from Ethereum's ERC-20, BRC-20 introduces unique mechanisms and functions.
Creation of BRC-20 Tokens:
The journey began with the initiation of the Bitcoin Ordinals protocol in January 2023, allowing the encoding of NFTs in satoshis. By March 2023, a programmer named Domo introduced the BRC-20 token standards, enabling the creation of interchangeable tokens on the Bitcoin network. The inaugural BRC-20 token, "Ordi," quickly garnered attention, marking the onset of a new era.
How BRC-20 Tokens Work:
At the core of BRC-20 tokens lies the intricate functioning of Bitcoin Ordinals. Leveraging a systematic approach to numbering satoshis, users can incorporate additional data through a process known as "inscription." BRC-20 tokens harness JSON (JavaScript Object Notation) data in Ordinals inscriptions, facilitating the distribution, minting, and transfer of tokens.
Differences Between BRC-20 and ERC-20:
Despite the similarity in names, BRC-20 tokens inhabit the Bitcoin network, while ERC-20 is an Ethereum-based token standard. A key distinction lies in the absence of smart contracts in BRC-20 tokens, limiting their functionality compared to ERC-20 counterparts.
Future of BRC-20 Tokens:
While BRC-20 tokens currently lack interaction with smart contracts, their future evolution holds promise with increasing attention and functionality. Integration with projects like Stacks, aiming to bring DeFi, NFTs, and smart contract functions to the Bitcoin blockchain, could propel BRC-20 tokens into new realms.
Popular BRC-20 Tokens by Market Cap:
- OrdI (ORDI)
- TRAC (TRAC)
- DFUK (DFUK)
- DOMO (DOMO)
- MOON (MOON)
- NALS (NALS)
- PIZA (PIZA)
- Comsats (CSAS)
- PEPE (PEPE)
- ALEX $B20 ($B20)
#BRC20 #BRC-20 #ordinals #ORDI #satoshi
In the dynamic landscape of blockchain technology, BRC-20 has emerged as a noteworthy topic, representing an experimental token standard designed for the Bitcoin blockchain. Drawing inspiration from Ethereum's ERC-20, BRC-20 introduces unique mechanisms and functions.
Creation of BRC-20 Tokens:
The journey began with the initiation of the Bitcoin Ordinals protocol in January 2023, allowing the encoding of NFTs in satoshis. By March 2023, a programmer named Domo introduced the BRC-20 token standards, enabling the creation of interchangeable tokens on the Bitcoin network. The inaugural BRC-20 token, "Ordi," quickly garnered attention, marking the onset of a new era.
How BRC-20 Tokens Work:
At the core of BRC-20 tokens lies the intricate functioning of Bitcoin Ordinals. Leveraging a systematic approach to numbering satoshis, users can incorporate additional data through a process known as "inscription." BRC-20 tokens harness JSON (JavaScript Object Notation) data in Ordinals inscriptions, facilitating the distribution, minting, and transfer of tokens.
Differences Between BRC-20 and ERC-20:
Despite the similarity in names, BRC-20 tokens inhabit the Bitcoin network, while ERC-20 is an Ethereum-based token standard. A key distinction lies in the absence of smart contracts in BRC-20 tokens, limiting their functionality compared to ERC-20 counterparts.
Future of BRC-20 Tokens:
While BRC-20 tokens currently lack interaction with smart contracts, their future evolution holds promise with increasing attention and functionality. Integration with projects like Stacks, aiming to bring DeFi, NFTs, and smart contract functions to the Bitcoin blockchain, could propel BRC-20 tokens into new realms.
Popular BRC-20 Tokens by Market Cap:
- OrdI (ORDI)
- TRAC (TRAC)
- DFUK (DFUK)
- DOMO (DOMO)
- MOON (MOON)
- NALS (NALS)
- PIZA (PIZA)
- Comsats (CSAS)
- PEPE (PEPE)
- ALEX $B20 ($B20)
#BRC20 #BRC-20 #ordinals #ORDI #satoshi
What is DRC-20, a new token standard in cryptocurrencies? 🐶
In the ever-evolving landscape of cryptocurrency, the DRC-20 token standard has emerged as a promising contender, addressing the limitations of its predecessor, the BRC-20 contract. With its allure of higher transaction speeds and lower fees, DRC-20 has captured the attention of both investors and enthusiasts alike.
What is DRC-20?
Derived from the BRC-20, DRC-20 sets out to enhance features deemed insufficient, empowering users to create NFTs. Drawing inspiration from the BRC-20 Bitcoin standard, DRC-20 introduces Doginals—an exciting twist as unofficial digital art prints.
Advantages:
1. Early Bird Advantage: Being at the forefront of DRC-20 provides significant opportunities, allowing early adopters to explore unique projects and form partnerships that could shape the future of this innovative token standard.
2. Cost-Effective Fees: DRC-20 boasts impressively low transaction fees, approximately 0.1 DOGE per print. This affordability encourages users to delve into various mints without significant financial risk, fostering a more accessible and inclusive environment.
Disadvantages:
1. Limited Infrastructure: As a newly established standard, DRC-20 faces the challenge of limited specialized explorers. Tracking token records and transactions might prove challenging initially, requiring the community to actively contribute to the development of robust infrastructure.
2. Marketplace Absence: The absence of a well-established marketplace for DRC-20 tokens poses potential hurdles in trading. This limitation could impact liquidity and accessibility, urging the community to collaborate in creating a thriving ecosystem.
3. Validity Concerns: Without proper monitoring mechanisms, validating the authenticity of DRC-20 mints may present challenges, introducing uncertainties. Community-driven efforts and developments are crucial in addressing and mitigating these concerns over time.
#BRC20 #BRC-20 #DRC20 #Drc-20 #DogecoinUpdate
In the ever-evolving landscape of cryptocurrency, the DRC-20 token standard has emerged as a promising contender, addressing the limitations of its predecessor, the BRC-20 contract. With its allure of higher transaction speeds and lower fees, DRC-20 has captured the attention of both investors and enthusiasts alike.
What is DRC-20?
Derived from the BRC-20, DRC-20 sets out to enhance features deemed insufficient, empowering users to create NFTs. Drawing inspiration from the BRC-20 Bitcoin standard, DRC-20 introduces Doginals—an exciting twist as unofficial digital art prints.
Advantages:
1. Early Bird Advantage: Being at the forefront of DRC-20 provides significant opportunities, allowing early adopters to explore unique projects and form partnerships that could shape the future of this innovative token standard.
2. Cost-Effective Fees: DRC-20 boasts impressively low transaction fees, approximately 0.1 DOGE per print. This affordability encourages users to delve into various mints without significant financial risk, fostering a more accessible and inclusive environment.
Disadvantages:
1. Limited Infrastructure: As a newly established standard, DRC-20 faces the challenge of limited specialized explorers. Tracking token records and transactions might prove challenging initially, requiring the community to actively contribute to the development of robust infrastructure.
2. Marketplace Absence: The absence of a well-established marketplace for DRC-20 tokens poses potential hurdles in trading. This limitation could impact liquidity and accessibility, urging the community to collaborate in creating a thriving ecosystem.
3. Validity Concerns: Without proper monitoring mechanisms, validating the authenticity of DRC-20 mints may present challenges, introducing uncertainties. Community-driven efforts and developments are crucial in addressing and mitigating these concerns over time.
#BRC20 #BRC-20 #DRC20 #Drc-20 #DogecoinUpdate
🚀💎 BRC20 Gems: Uncover Hidden 100x Potential! 💡🌐
Crypto Adventurers, embark on a journey through the realm of BRC20 projects with explosive potential and market caps below 50 million!
🌟 Here's your guide to potential riches:
🌐 Top Picks in the BRC20 Universe:
1. 🌉 $BRGE by @OrdBridge
- 💰 Market Cap: $6 million
- 🚀 Pioneering BRC20 bridge, in development since the start of the year. More secure than $MUBI, with its token just launched today!
2. 🌕 $DOVI - L2 BTC
- 💰 Market Cap: $8 million
- 🚀 Recently launched with immense potential in the Layer 2 Bitcoin space.
3. 🌉 $wBRGE by @OrdBridge
- 💰 Market Cap: $2 million
- 🚀 Another secure bridge play, surpassing $MUBI, and freshly launched yesterday.
4. 🌐 $NHUB
- 💰 Market Cap: $2 million
- 🚀 Liquid aggregator project, creating waves in the BRC20 space.
5. 🌐 $TRVS
- 💰 Market Cap: $2 million
- 🚀 Safety wallet project securing its spot with potential for significant growth.
6. 🌍 $OKZ
- 💰 Market Cap: $5 million
- 🚀 Impressive roadmap delivery, featuring a working bridge for SOL and BTC.
7. 🎯 Sniper Bot + Launchpad
- 💰 Market Cap: $1.5 million
- 🚀 Rapidly growing project with a sniper bot and launchpad on the horizon.
8. 💎 Hidden Gems Under 5 Million:
- $BXDX, $NHUB, $STST, $TRVS, $ECH, $EVLV, $ONFI, $PSAT, $CSAS - all builders with immense potential.
9. 🚀 Big Players with Further Potential:
- $ROUP, $MMSS, $CHAX, $MUBI, $GHSY, $TRAC - still holding substantial potential for another 10x growth.
🌟 Why Now is the Time:
- 🚀 Early Entry: Get in early before these projects skyrocket.
- 💎 Hidden Treasures: Discover potential gems with strong fundamentals.
- 🌐 Diverse Portfolio: Build a portfolio with a mix of bridges, tokens, and innovative projects.
🌐 Stay Updated:
- 🌐 Follow: @TradingHeights for updates on $BRGE
- 📈 Track: Keep an eye on market caps and project developments.
🚀💰 Ready to Ride the BRC20 Wave? Your journey begins now.
#BTC #BRC-20
Crypto Adventurers, embark on a journey through the realm of BRC20 projects with explosive potential and market caps below 50 million!
🌟 Here's your guide to potential riches:
🌐 Top Picks in the BRC20 Universe:
1. 🌉 $BRGE by @OrdBridge
- 💰 Market Cap: $6 million
- 🚀 Pioneering BRC20 bridge, in development since the start of the year. More secure than $MUBI, with its token just launched today!
2. 🌕 $DOVI - L2 BTC
- 💰 Market Cap: $8 million
- 🚀 Recently launched with immense potential in the Layer 2 Bitcoin space.
3. 🌉 $wBRGE by @OrdBridge
- 💰 Market Cap: $2 million
- 🚀 Another secure bridge play, surpassing $MUBI, and freshly launched yesterday.
4. 🌐 $NHUB
- 💰 Market Cap: $2 million
- 🚀 Liquid aggregator project, creating waves in the BRC20 space.
5. 🌐 $TRVS
- 💰 Market Cap: $2 million
- 🚀 Safety wallet project securing its spot with potential for significant growth.
6. 🌍 $OKZ
- 💰 Market Cap: $5 million
- 🚀 Impressive roadmap delivery, featuring a working bridge for SOL and BTC.
7. 🎯 Sniper Bot + Launchpad
- 💰 Market Cap: $1.5 million
- 🚀 Rapidly growing project with a sniper bot and launchpad on the horizon.
8. 💎 Hidden Gems Under 5 Million:
- $BXDX, $NHUB, $STST, $TRVS, $ECH, $EVLV, $ONFI, $PSAT, $CSAS - all builders with immense potential.
9. 🚀 Big Players with Further Potential:
- $ROUP, $MMSS, $CHAX, $MUBI, $GHSY, $TRAC - still holding substantial potential for another 10x growth.
🌟 Why Now is the Time:
- 🚀 Early Entry: Get in early before these projects skyrocket.
- 💎 Hidden Treasures: Discover potential gems with strong fundamentals.
- 🌐 Diverse Portfolio: Build a portfolio with a mix of bridges, tokens, and innovative projects.
🌐 Stay Updated:
- 🌐 Follow: @TradingHeights for updates on $BRGE
- 📈 Track: Keep an eye on market caps and project developments.
🚀💰 Ready to Ride the BRC20 Wave? Your journey begins now.
#BTC #BRC-20
LIVE
koinmilyoner
--
A New Marketplace for BRC-20 Tokens Is Live on Binance!
With the debut of its inscription marketplace, the digital asset exchange Binance has made it possible for users to trade and inscribe BRC-20 tokens as well as other assets that are associated to the cryptocurrency.
The marketplace will be a one-stop solution for inscription-based tokens, according to a statement made by Binance on February 1. The release also said that the marketplace would include crucial characteristics for accessibility and security.
What are the inner workings of the Binance Inscriptions Marketplace?
The Binance Web3 wallet will serve as the host for the platform, which will allow for the inscription and trading of BRC-20 tokens inside the Binance app.
It offers a safe and pleasurable experience for everyone, from those who are already familiar with Web3 to those who are just starting out with BRC-20. "The introduction of the Inscription Marketplace is a welcome development for Binance Web3 wallet, as it enhances the journey that users take through the decentralized web with its assortment of features."
As the exchange strives to compete with its rivals, the new function offers three primary advantages: transactions that are completed more quickly, transfers that are uncomplicated, and an infinite number of alternatives.
According to the announcement, it is able to inscribe and trade 60,000 of the most popular BRC-20 tokens, in addition to facilitating transfers with a one click and reducing the amount of time it takes to conduct transactions with its accelerator.
As a Game-Changing Development for the Bitcoin Network, BRC-20
OKX, a competing cryptocurrency exchange, made the announcement this week that it will be integrating inscription token standards. This would let users to see, trade, and transfer assets that are tied to the token.
"With these enhancements, OKX Marketplace will become the largest inscriptions marketplace in the industry, offering zero-fee trading across an expanding roster of token standards," the company said. Currently, OKX wallet inscription tools are able to handle inscription mining on 23 different networks. These networks include Bitcoin, Dogecoin, Ethereum, Polygon BNB Chain, Avalanche-C, and other more.
The proliferation of inscriptions and BRC-20 tokens has caused a number of disputes over the usefulness of these assets on the blockchain. Those who favor them have pointed to an increase in knee fees, while at the same time, certain Maxis continue to be opposed to them.
Binance's research arm has just published a paper that highlights the advantages of adding inscriptions to the network in 2023, along with further indications of development.
Ordinals, inscriptions, and BRC-20 standard tokens were all significant contributors to the resurrection of the networks; nevertheless, according to the researchers, the three-tiered structure ushered in a new age for Bitcoin in the year 2023.
The outcome was an increase in price that was brought about by a jump in the number of transactions that occurred during the period of recovery from the previous bear market.
Additionally, the price of bitcoin increased by 156% during the course of the year, despite the fact that institutional inflows also contributed to the price movement. Bitcoin's market domination increased from 40.4% to 50.2%.
As a result of the introduction of Bitcoin Ordinals in February 2023, the community immediately began minting new tokens, which caused the number of transactions to reach new heights that had not been seen in months.
In the previous year, the implementation of millions of Inscriptions caused a case of network congestion, which resulted in the mempool being clogged and transaction costs increasing, which in turn led to an increase in the number of community disputes.
Ordinals, on the other hand, served as a lifeline for miners who were in a precarious financial situation during the bear market when they were attempting to climb above the seas in preparation for the subsequent halving.
#Write2Earn #TradeNTell #TrendingTopic #BRC20
The marketplace will be a one-stop solution for inscription-based tokens, according to a statement made by Binance on February 1. The release also said that the marketplace would include crucial characteristics for accessibility and security.
What are the inner workings of the Binance Inscriptions Marketplace?
The Binance Web3 wallet will serve as the host for the platform, which will allow for the inscription and trading of BRC-20 tokens inside the Binance app.
It offers a safe and pleasurable experience for everyone, from those who are already familiar with Web3 to those who are just starting out with BRC-20. "The introduction of the Inscription Marketplace is a welcome development for Binance Web3 wallet, as it enhances the journey that users take through the decentralized web with its assortment of features."
As the exchange strives to compete with its rivals, the new function offers three primary advantages: transactions that are completed more quickly, transfers that are uncomplicated, and an infinite number of alternatives.
According to the announcement, it is able to inscribe and trade 60,000 of the most popular BRC-20 tokens, in addition to facilitating transfers with a one click and reducing the amount of time it takes to conduct transactions with its accelerator.
As a Game-Changing Development for the Bitcoin Network, BRC-20
OKX, a competing cryptocurrency exchange, made the announcement this week that it will be integrating inscription token standards. This would let users to see, trade, and transfer assets that are tied to the token.
"With these enhancements, OKX Marketplace will become the largest inscriptions marketplace in the industry, offering zero-fee trading across an expanding roster of token standards," the company said. Currently, OKX wallet inscription tools are able to handle inscription mining on 23 different networks. These networks include Bitcoin, Dogecoin, Ethereum, Polygon BNB Chain, Avalanche-C, and other more.
The proliferation of inscriptions and BRC-20 tokens has caused a number of disputes over the usefulness of these assets on the blockchain. Those who favor them have pointed to an increase in knee fees, while at the same time, certain Maxis continue to be opposed to them.
Binance's research arm has just published a paper that highlights the advantages of adding inscriptions to the network in 2023, along with further indications of development.
Ordinals, inscriptions, and BRC-20 standard tokens were all significant contributors to the resurrection of the networks; nevertheless, according to the researchers, the three-tiered structure ushered in a new age for Bitcoin in the year 2023.
The outcome was an increase in price that was brought about by a jump in the number of transactions that occurred during the period of recovery from the previous bear market.
Additionally, the price of bitcoin increased by 156% during the course of the year, despite the fact that institutional inflows also contributed to the price movement. Bitcoin's market domination increased from 40.4% to 50.2%.
As a result of the introduction of Bitcoin Ordinals in February 2023, the community immediately began minting new tokens, which caused the number of transactions to reach new heights that had not been seen in months.
In the previous year, the implementation of millions of Inscriptions caused a case of network congestion, which resulted in the mempool being clogged and transaction costs increasing, which in turn led to an increase in the number of community disputes.
Ordinals, on the other hand, served as a lifeline for miners who were in a precarious financial situation during the bear market when they were attempting to climb above the seas in preparation for the subsequent halving.
#Write2Earn #TradeNTell #TrendingTopic #BRC20
Ordinals $ORDI will be Listed on #Binance November 7,2023 at 12:00 UTC
$ORDI is the leading BRC-20 token and it is about to be listed on Binance.
What do you think about the future of BRC-20 ?
#BRC20 #BRC-20 #newlistings #BTC
$ORDI is the leading BRC-20 token and it is about to be listed on Binance.
What do you think about the future of BRC-20 ?
#BRC20 #BRC-20 #newlistings #BTC
See original
🚀 Binance Lists 1000SATS ( #BRC-20 ) for Spot Trading and Introduces Isolated Margin Pair 🚀
#Binance Announcement:
We are excited to inform our users that Binance will list BRC-20 Sats (1000SATS) for spot trading starting December 12, 2023 12:00 (UTC). New spot trading pairs include 1000SATS/USDT, 1000SATS/FDUSD and 1000SATS/TRY.
You can start depositing 1000SATS now to prepare for trading, and withdrawals will be available from 12:00 UTC on December 13, 2023. The listing fee for 1000SATS is 0 BNB.
Additionally, 1000SATS will be introduced as a new borrowable asset on Isolated Margin paired with USDT within 48 hours from 12:00 UTC on December 12, 2023.
For detailed information on secured assets, limits and rates, please see Margin Data.
Important notes:
#1000SATS is equivalent to 1000 times SATS. For example, depositing 1100 SATS will be displayed as 1.1 1000SATS. The Seed Tag will be applied to 1000SATS.
#TRY is a fiat currency and does not represent other digital currencies.
Withdrawal open time is an estimate and users can check the actual status on the withdrawal page. In the event of any differences between the translated versions and the original English version, the English version shall prevail.
#BinanceTournament 🌐🚀
$BTC $1000SATS
#Binance Announcement:
We are excited to inform our users that Binance will list BRC-20 Sats (1000SATS) for spot trading starting December 12, 2023 12:00 (UTC). New spot trading pairs include 1000SATS/USDT, 1000SATS/FDUSD and 1000SATS/TRY.
You can start depositing 1000SATS now to prepare for trading, and withdrawals will be available from 12:00 UTC on December 13, 2023. The listing fee for 1000SATS is 0 BNB.
Additionally, 1000SATS will be introduced as a new borrowable asset on Isolated Margin paired with USDT within 48 hours from 12:00 UTC on December 12, 2023.
For detailed information on secured assets, limits and rates, please see Margin Data.
Important notes:
#1000SATS is equivalent to 1000 times SATS. For example, depositing 1100 SATS will be displayed as 1.1 1000SATS. The Seed Tag will be applied to 1000SATS.
#TRY is a fiat currency and does not represent other digital currencies.
Withdrawal open time is an estimate and users can check the actual status on the withdrawal page. In the event of any differences between the translated versions and the original English version, the English version shall prevail.
#BinanceTournament 🌐🚀
$BTC $1000SATS
📊💰 #CryptoRank . Crypto Fundraising Review for 2023:
▪️ Cryptocurrency fundraising hits three-year low: In 2023, a total of $9.7 billion was raised in 1,189 funding rounds;
▪️ By the end of 2023 fundraising #BRC-20 grew steadily potentially indicating one of the main trends of 2024;
▪️ Venture capital preferences are shifting towards early-stage projects with a decrease in investments in large funding rounds
▪️ Cryptocurrency fundraising hits three-year low: In 2023, a total of $9.7 billion was raised in 1,189 funding rounds;
▪️ By the end of 2023 fundraising #BRC-20 grew steadily potentially indicating one of the main trends of 2024;
▪️ Venture capital preferences are shifting towards early-stage projects with a decrease in investments in large funding rounds
See original
Bitcoins Layer 2 best trend 2024
coingecko
😘We witnessed when Ordinals' BRC-20 increased to a record from $3 to $96 in more than 6 months more than X30 times, whoever bought and held Ordi was sure to bring huge profits from the middle of the month. June 2023 to early January 2024!
Ordinals auctioned many NFTs and memes running on them, causing the bitcoin network's transactions to be blocked from August - November 2023.
That fever is already growing towards the beginning of 2024 when we see the transition from Layer 2 of bitcoins as Merlin Chain and Runes are doing to help Dapps & projects that can build on them to develop based on them. on the security of bitcoins but currently these layers do not affect the bitcoins market too much but in the future there will be many large projects or current running projects that will upgrade to make them increasingly influencing the development of bitcoins as Taproot & Lightning did.
😘We witnessed when Ordinals' BRC-20 increased to a record from $3 to $96 in more than 6 months more than X30 times, whoever bought and held Ordi was sure to bring huge profits from the middle of the month. June 2023 to early January 2024!
Ordinals auctioned many NFTs and memes running on them, causing the bitcoin network's transactions to be blocked from August - November 2023.
That fever is already growing towards the beginning of 2024 when we see the transition from Layer 2 of bitcoins as Merlin Chain and Runes are doing to help Dapps & projects that can build on them to develop based on them. on the security of bitcoins but currently these layers do not affect the bitcoins market too much but in the future there will be many large projects or current running projects that will upgrade to make them increasingly influencing the development of bitcoins as Taproot & Lightning did.
Lets learn about something new because made several transaction regarding deposit crypto via USDT (ERC) and USDT (BRC)
Ethereum’s ERC-20 tokens, BRC-20 tokens have their own mechanisms and functionalities.
#ERC-20
ERC-20 is the token standard for creating tokens on the Ethereum blockchain.
#BRC-20
BRC-20 tokens are still in their early stages, and users should proceed with the utmost caution.
Bitcoin BRC-20 standard is still in its early stage and has not yet been officially approved.
So, I have sharing some interesting difference between BRC-20 and ERC-20 Tokens
BRC-20 standard, as it allows seamless integration of Bitcoin Ordinals and BRC-20 tokens into the Bitcoin blockchain.
#SCRSpotTradingOnBinance #TeslaTransferBTC #USRetailSalesBoost
$BTC $BNB $SOL
Ethereum’s ERC-20 tokens, BRC-20 tokens have their own mechanisms and functionalities.
#ERC-20
ERC-20 is the token standard for creating tokens on the Ethereum blockchain.
#BRC-20
BRC-20 tokens are still in their early stages, and users should proceed with the utmost caution.
Bitcoin BRC-20 standard is still in its early stage and has not yet been officially approved.
So, I have sharing some interesting difference between BRC-20 and ERC-20 Tokens
BRC-20 standard, as it allows seamless integration of Bitcoin Ordinals and BRC-20 tokens into the Bitcoin blockchain.
#SCRSpotTradingOnBinance #TeslaTransferBTC #USRetailSalesBoost
$BTC $BNB $SOL
🚀 Unisat Ignites a Crypto Revolution! 🌌🛠️
🌐 Breaking News: Unisat is on fire with groundbreaking updates! 🔥 They've just completed the stellar BRC-20 and BRC-20 Swap update, unveiling a proposal for self-minting and destruction functions, setting the stage for the issuance of stablecoins on the BRC-20 protocol. 🚀💱
💡 What's Next? Unisat is diving into the future with plans to collaborate with indexers, gearing up for the launch of Swap function development. Hold tight, as the specific timeline will be unveiled by L1F next week! 📆🔧
🌐 Open-Source Magic: Unisat isn't holding back – they're set to open-source their sequencer and gradually introduce permissionless Rollup, showcasing a commitment to transparency and community involvement! 🌍🤝
🌌 Fractal Bitcoin Unveiled: Unisat spills the beans on the internal Fractal Bitcoin testnet, running seamlessly for a month. Wallet integration is a breeze, allowing users to effortlessly switch between the mainnet and the mesmerizing world of Fractal Bitcoin! 💼🔄
🔮 Sneak Peek: Unisat has been cooking up something special – the development of Cursed Inscriptions is complete and in the testing phase. Brace yourselves for an imminent release! 📜🚀
🔍 Runes in the Mix: Unisat is evaluating the integration of Runes into its ecosystem, adding an extra layer of intrigue to their ever-evolving crypto universe! 🤔✨
🌐 Join the Unisat Journey: As the Unisat saga unfolds, stay tuned for more updates and get ready to ride the waves of innovation in the crypto space! 🚀🌌 #Write2Earn #CryptoInnovation #TrendingTopic #BRC-20
🌐 Breaking News: Unisat is on fire with groundbreaking updates! 🔥 They've just completed the stellar BRC-20 and BRC-20 Swap update, unveiling a proposal for self-minting and destruction functions, setting the stage for the issuance of stablecoins on the BRC-20 protocol. 🚀💱
💡 What's Next? Unisat is diving into the future with plans to collaborate with indexers, gearing up for the launch of Swap function development. Hold tight, as the specific timeline will be unveiled by L1F next week! 📆🔧
🌐 Open-Source Magic: Unisat isn't holding back – they're set to open-source their sequencer and gradually introduce permissionless Rollup, showcasing a commitment to transparency and community involvement! 🌍🤝
🌌 Fractal Bitcoin Unveiled: Unisat spills the beans on the internal Fractal Bitcoin testnet, running seamlessly for a month. Wallet integration is a breeze, allowing users to effortlessly switch between the mainnet and the mesmerizing world of Fractal Bitcoin! 💼🔄
🔮 Sneak Peek: Unisat has been cooking up something special – the development of Cursed Inscriptions is complete and in the testing phase. Brace yourselves for an imminent release! 📜🚀
🔍 Runes in the Mix: Unisat is evaluating the integration of Runes into its ecosystem, adding an extra layer of intrigue to their ever-evolving crypto universe! 🤔✨
🌐 Join the Unisat Journey: As the Unisat saga unfolds, stay tuned for more updates and get ready to ride the waves of innovation in the crypto space! 🚀🌌 #Write2Earn #CryptoInnovation #TrendingTopic #BRC-20
Bitcoin Leads the NFT Market with Increase in BRC-20 Token Sales.
In the latest developments in the cryptocurrency industry, Bitcoin has gained a significant lead over Ethereum in the non-fungible token (NFT) market. Data from CryptoSlam shows that Bitcoin's NFT sales volume reached $16.94 million in just one day, bringing the weekly total to $177 million, marking an increase of 88%. This increase is attributed to the growing popularity of SATS #BRC-20 NFTs, which are currently the most sought-after collectibles on the Bitcoin network.
As reported by Dune analytics, the revival in Bitcoin's #NFT market is largely due to the success of the Ordinals protocol. The protocol saw more than 5.6 million entries this November alone, indicating a solid revival from what was previously referred to as the NFT winter. This increase in activity is also reflected in transaction fees, where Bitcoin has surpassed Ethereum. According to Glassnode statistics on Monday, Bitcoin's average transaction fee stood at $10.35, outpacing Ethereum's $8.43. This indicates a significant increase in network activity and interest in Bitcoin-based NFTs and smart contract functions.
Additionally, Bitcoin's dominance in the #NFT market is evident from its monthly sales figures, which stood at $312 million compared to Ethereum's $304 million. Notably, BRC-20 NFTs topped the sales volume rankings with $83 million in transactions on Tuesday, eclipsing other notable collectibles like Bored Ape Yacht Club, which reported $42 million in sales. The buyer base for BRC-20 NFTs expanded by 398%, demonstrating rapidly growing interest among collectors and investors.
$BTC $ETH
In the latest developments in the cryptocurrency industry, Bitcoin has gained a significant lead over Ethereum in the non-fungible token (NFT) market. Data from CryptoSlam shows that Bitcoin's NFT sales volume reached $16.94 million in just one day, bringing the weekly total to $177 million, marking an increase of 88%. This increase is attributed to the growing popularity of SATS #BRC-20 NFTs, which are currently the most sought-after collectibles on the Bitcoin network.
As reported by Dune analytics, the revival in Bitcoin's #NFT market is largely due to the success of the Ordinals protocol. The protocol saw more than 5.6 million entries this November alone, indicating a solid revival from what was previously referred to as the NFT winter. This increase in activity is also reflected in transaction fees, where Bitcoin has surpassed Ethereum. According to Glassnode statistics on Monday, Bitcoin's average transaction fee stood at $10.35, outpacing Ethereum's $8.43. This indicates a significant increase in network activity and interest in Bitcoin-based NFTs and smart contract functions.
Additionally, Bitcoin's dominance in the #NFT market is evident from its monthly sales figures, which stood at $312 million compared to Ethereum's $304 million. Notably, BRC-20 NFTs topped the sales volume rankings with $83 million in transactions on Tuesday, eclipsing other notable collectibles like Bored Ape Yacht Club, which reported $42 million in sales. The buyer base for BRC-20 NFTs expanded by 398%, demonstrating rapidly growing interest among collectors and investors.
$BTC $ETH
Yala Protocol: Pioneering DeFi Innovation in the Bitcoin Ecosystem
In the ever-evolving landscape of decentralized finance (DeFi), Yala Protocol emerges as a groundbreaking initiative, aiming to unlock the untapped potential of the native Bitcoin ecosystem. Yala Protocol is not just another DeFi platform; it is a visionary project that believes in Bitcoin and seeks to build a secure, decentralized infrastructure designed for the future of the world's leading cryptocurrency.
Believing in Bitcoin:
Yala Protocol's fundamental philosophy revolves around the belief in #BTC as the cornerstone of the cryptocurrency space. Rather than creating a new asset, Yala Protocol focuses on harnessing the power of native Bitcoin assets within the DeFi space. By doing so, it not only reinforces the significance of Bitcoin but also provides users with the opportunity to earn, borrow, mint, and build within the expanding Bitcoin ecosystem.
Decentralization and Security:
Yala Protocol is committed to the principles of decentralization and security. Built on a secure and decentralized foundation, the protocol ensures that users can engage in financial activities with confidence. This commitment aligns with the ethos of Bitcoin itself – a decentralized and secure form of digital currency. Yala Protocol's dedication to these principles establishes it as a reliable platform for users seeking to participate in the decentralized financial ecosystem.
Network Collaboration:
Yala Protocol recognizes the importance of collaboration in the blockchain space. The project actively engages with leading networks to contribute to the growth of the #Bitcoin ecosystem. By working hand-in-hand with other platforms, Yala Protocol aims to create a robust and interconnected DeFi environment that benefits the entire crypto community.
Key Features for Users:
Yala Protocol offers a range of key features for users to explore and benefit from:
Supply: Users can contribute liquidity to the platform, participating in the growth of the #Yala ecosystem.Borrow: Through a modular #BRC-20 standard, users can create a Vault Modular, initiating the borrowing process with over-collateralization.Liquidity: The platform provides a space for users to engage in liquidity provision, enhancing the overall stability of the ecosystem.Assets: Yala Protocol focuses on native Bitcoin assets, allowing users to work directly with the world's most recognized cryptocurrency.Vote: Users have the opportunity to participate in governance by voting on proposals, ensuring the health and stability of the platform.Liquidations: Yala Protocol incorporates necessary liquidations to maintain platform health and stability.
Takaful Insurance Model:
Yala Protocol introduces the Takaful insurance model, a cooperative insurance system designed to provide protection to participants by sharing risks and offering mutual assistance. This innovative insurance approach aligns with the collaborative spirit of the #decentralized finance space, fostering a sense of community and support among users.
Yala Protocol actively invites users to join its growing community and contribute to the project's development. The White Paper provides in-depth insights into the protocol's design and functionalities. The platform encourages collaboration, welcoming fantastic ideas from the community. Bounties are available for outstanding contributions and suggestions, creating a vibrant and inclusive ecosystem.
Join your communities:
Website:https://yala.finance
Telegram: https://t.me/yala_finance
Discord: https://discord.gg/Ct6VBxTP
Twitter: https://x.com/Yalafinance?s=20
Medium: https://medium.com/@YalaFinance
DYOR and like for more! 👍
Believing in Bitcoin:
Yala Protocol's fundamental philosophy revolves around the belief in #BTC as the cornerstone of the cryptocurrency space. Rather than creating a new asset, Yala Protocol focuses on harnessing the power of native Bitcoin assets within the DeFi space. By doing so, it not only reinforces the significance of Bitcoin but also provides users with the opportunity to earn, borrow, mint, and build within the expanding Bitcoin ecosystem.
Decentralization and Security:
Yala Protocol is committed to the principles of decentralization and security. Built on a secure and decentralized foundation, the protocol ensures that users can engage in financial activities with confidence. This commitment aligns with the ethos of Bitcoin itself – a decentralized and secure form of digital currency. Yala Protocol's dedication to these principles establishes it as a reliable platform for users seeking to participate in the decentralized financial ecosystem.
Network Collaboration:
Yala Protocol recognizes the importance of collaboration in the blockchain space. The project actively engages with leading networks to contribute to the growth of the #Bitcoin ecosystem. By working hand-in-hand with other platforms, Yala Protocol aims to create a robust and interconnected DeFi environment that benefits the entire crypto community.
Key Features for Users:
Yala Protocol offers a range of key features for users to explore and benefit from:
Supply: Users can contribute liquidity to the platform, participating in the growth of the #Yala ecosystem.Borrow: Through a modular #BRC-20 standard, users can create a Vault Modular, initiating the borrowing process with over-collateralization.Liquidity: The platform provides a space for users to engage in liquidity provision, enhancing the overall stability of the ecosystem.Assets: Yala Protocol focuses on native Bitcoin assets, allowing users to work directly with the world's most recognized cryptocurrency.Vote: Users have the opportunity to participate in governance by voting on proposals, ensuring the health and stability of the platform.Liquidations: Yala Protocol incorporates necessary liquidations to maintain platform health and stability.
Takaful Insurance Model:
Yala Protocol introduces the Takaful insurance model, a cooperative insurance system designed to provide protection to participants by sharing risks and offering mutual assistance. This innovative insurance approach aligns with the collaborative spirit of the #decentralized finance space, fostering a sense of community and support among users.
Yala Protocol actively invites users to join its growing community and contribute to the project's development. The White Paper provides in-depth insights into the protocol's design and functionalities. The platform encourages collaboration, welcoming fantastic ideas from the community. Bounties are available for outstanding contributions and suggestions, creating a vibrant and inclusive ecosystem.
Join your communities:
Website:https://yala.finance
Telegram: https://t.me/yala_finance
Discord: https://discord.gg/Ct6VBxTP
Twitter: https://x.com/Yalafinance?s=20
Medium: https://medium.com/@YalaFinance
DYOR and like for more! 👍
Binance Enters the Inscription Arena: Unleashing BRC-20's Potential
Binance Steps Up
Binance is now stepping into the arena, bringing its massive user base
into the evolving world of BRC-20 ecosystem. By launching its own
in-app marketplace for BRC-20 inscriptions, seamlessly embedded within
the Binance Web3 Wallet, Binance is setting the stage for a broader adoption and deeper exploration of tokenized assets on Bitcoin's blockchain.
Why It Matters
Expanding Horizons:
The introduction of BRC-20 marketplace by Binance is crucial. It simplifies the complex landscape of BRC-20 bitcoin inscriptions, making it easier for Binance's extensive user base to explore and engage with BRC-20 based digital assets. With its user-friendly interface, #Binance empowers its community to seamlessly interact with tokenized assets, fostering new opportunities for investors in the within the vibrant BRC-20 ecosystem
A New Era for Bitcoin:
With this move, Binance is transforming the perception of Bitcoin($BTC ) from solely a digital currency to a foundational layer for innovative digital assets. This expansion into BRC-20 inscriptions signals a new era for Bitcoin, showcasing its potential beyond its original purpose.
The Ripple Effect
Mainstream Momentum
Binance could significantly influence mainstream interest in BRC-20 ecosystem. By leveraging its platform and user trust, Binance has the power to bring BRC-20 based tokenized assets into the spotlight, encouraging wider participation in the digital economy.
Charting the Future
The launch signals more than just a new feature; it represents Binance's commitment to innovation and its role in shaping the future of the digital asset space. As the titan dives into the world of #BRC-20 inscriptions, it's paving the way for others to follow, promising an exciting future for BRC-20 ecosystem.
Be Part of the Movement
As Binance joins the BRC-20 ecosystem, it invites its extensive user community to explore the innovative world of BRC-20. This is more than just an expansion of services; it's a call to explore a new market that's just beginning to reveal its full potential.
Join the journey with Binance as it explores this new frontier. Whether you're a investor or curious observer, the launch of the BRC-20 inscriptions marketplace is a pivotal moment worth paying attention to. The digital currency titan is not just entering a new market; it's redefining what that market can be. Claim your gift now and dive into the future of digital assets with Binance.
#TrendingTopic #Bitcoin #Write2Earn
Binance is now stepping into the arena, bringing its massive user base
into the evolving world of BRC-20 ecosystem. By launching its own
in-app marketplace for BRC-20 inscriptions, seamlessly embedded within
the Binance Web3 Wallet, Binance is setting the stage for a broader adoption and deeper exploration of tokenized assets on Bitcoin's blockchain.
Why It Matters
Expanding Horizons:
The introduction of BRC-20 marketplace by Binance is crucial. It simplifies the complex landscape of BRC-20 bitcoin inscriptions, making it easier for Binance's extensive user base to explore and engage with BRC-20 based digital assets. With its user-friendly interface, #Binance empowers its community to seamlessly interact with tokenized assets, fostering new opportunities for investors in the within the vibrant BRC-20 ecosystem
A New Era for Bitcoin:
With this move, Binance is transforming the perception of Bitcoin($BTC ) from solely a digital currency to a foundational layer for innovative digital assets. This expansion into BRC-20 inscriptions signals a new era for Bitcoin, showcasing its potential beyond its original purpose.
The Ripple Effect
Mainstream Momentum
Binance could significantly influence mainstream interest in BRC-20 ecosystem. By leveraging its platform and user trust, Binance has the power to bring BRC-20 based tokenized assets into the spotlight, encouraging wider participation in the digital economy.
Charting the Future
The launch signals more than just a new feature; it represents Binance's commitment to innovation and its role in shaping the future of the digital asset space. As the titan dives into the world of #BRC-20 inscriptions, it's paving the way for others to follow, promising an exciting future for BRC-20 ecosystem.
Be Part of the Movement
As Binance joins the BRC-20 ecosystem, it invites its extensive user community to explore the innovative world of BRC-20. This is more than just an expansion of services; it's a call to explore a new market that's just beginning to reveal its full potential.
Join the journey with Binance as it explores this new frontier. Whether you're a investor or curious observer, the launch of the BRC-20 inscriptions marketplace is a pivotal moment worth paying attention to. The digital currency titan is not just entering a new market; it's redefining what that market can be. Claim your gift now and dive into the future of digital assets with Binance.
#TrendingTopic #Bitcoin #Write2Earn
Is the ORDI Token's Big Rise Linked to Bitcoin Ordinals on Binance? 😱
The #ORDI token, unrelated to #bitcoin Ordinals, has surged by 41% in the past 24 hours after being listed on Binance.
Binance now allows trading of Ordinals (ORDI) against USDT, BTC, and Turkish Lira, with no listing fees for developers.
Withdrawals open on Nov. 8. However, Binance cautions that ORDI is a high-risk token with potential price volatility.
Bitcoin Ordinals is a unique numbering system for individual Satoshis on the Bitcoin blockchain, but the current token ORDI is not connected to its developers.
#BRC-20 tokens, like Ordinals, have gained popularity as a major advancement in blockchain technology. Self-custody wallet providers have supported BRC-20 tokens, with a total market cap of $1.34 billion.
#Binance
#crypto2023
The #ORDI token, unrelated to #bitcoin Ordinals, has surged by 41% in the past 24 hours after being listed on Binance.
Binance now allows trading of Ordinals (ORDI) against USDT, BTC, and Turkish Lira, with no listing fees for developers.
Withdrawals open on Nov. 8. However, Binance cautions that ORDI is a high-risk token with potential price volatility.
Bitcoin Ordinals is a unique numbering system for individual Satoshis on the Bitcoin blockchain, but the current token ORDI is not connected to its developers.
#BRC-20 tokens, like Ordinals, have gained popularity as a major advancement in blockchain technology. Self-custody wallet providers have supported BRC-20 tokens, with a total market cap of $1.34 billion.
#Binance
#crypto2023
Making good moves is about going with the flow. I noticed the #ORDI. token was going crazy, so I figured #BRC-20 tokens might follow.
I bought #STX and #RIF and it worked out.
Sometimes, you don't need all those complicated charts.
If you want, I can give you a heads-up on what might be next in the market.
#TrendingTopicChallenge
I bought #STX and #RIF and it worked out.
Sometimes, you don't need all those complicated charts.
If you want, I can give you a heads-up on what might be next in the market.
#TrendingTopicChallenge