Arc20 is likely to land on Binance
Each inscription group is spreading gossip, which is probably true. Let’s analyze the key points worthy of attention:
Jianghu rumors:
""Binance plans to officially enter the Bitcoin Inscription sector in early 2024 and deeply cooperate with a well-known Inscription infrastructure. By then, it will not only be connected to the Brc20 ecosystem, but also other Bitcoin ecological protocols."
Key points:
1. The “well-known inscription infrastructure” it cooperates with is likely to be Unisat, the largest trading platform in the brc20 field;
2. The Unisat market has now opened the trading function of Arc20 tokens, and the mining function of Arc20 will be opened in the future. The btc ecology has begun to merge into one sector, have you noticed?
3. It is reported that bn’s upcoming inscription section will also support other ecological protocols (such as Arc20?)
4. Looking beyond Brc20, combined with Unisat’s actions of opening Arc20, Arc20 may be launched on Binance, and the currency circle will usher in a new wave of Arc inscriptions.
5. Arc20 is still in its early stages, and quark has not yet been finished. Those that have been finished can still afford it.
6. Arc and Brc protocols should not share the same wallet, otherwise they may not recognize each other's inscriptions. This will cause the BTC with the inscription to be consumed as ordinary gas, causing the inscription to be burned.
7. Why does Binance want to list the Arc20 series? There is no reason to open a casino because there are too many customers. The more lively the better, it will add fuel to the bull market of Inscription.
What is ARC20? I have detailed explanations in another previous post. If you are interested, you can click on the portal link below, so I won’t go into details here.
