Colored coins are one of the best options for constructing the financial order of the Crypto world in the future.
All Crypto in the world is divided into Bitcoin and altcoins, and colored coins are Bitcoin.
Regarding the orthodox status of Bitcoin, for many years, countless tokens have challenged the status of Bitcoin, but who has succeeded?
Even today, looking at the entire currency circle, only Ethereum has gained a foothold, and various challengers are following closely behind. We can always hear that Solana will surpass Ethereum. Only Bitcoin can be challenged by no one. Only Bitcoin has truly left its name in history and become the representative of blockchain, a veritable digital gold.
Before the emergence of the Bitcoin ecosystem, all methods of issuing coins were essentially creating assets other than Bitcoin, and the emergence of the ARC-20 standard gave us a new idea - we can take out part of Bitcoin and mark it as another token.
An infinite cycle of issuing coins outside of Bitcoin can be restricted to Bitcoin in the form of colored coins. From now on, all tokens issued through the ARC-20 standard are empowering Bitcoin, promoting the development of Bitcoin, maintaining Bitcoin's original consensus, and even helping Bitcoin deflation.
All shitcoins are saying that they can become the next Bitcoin, and only colored coins can openly say that this is Bitcoin.
I like Kunyuan @BitcivKun's metaphor: The emergence of Atomicals has changed the blockchain world from disorder to order, and from entropy increase to entropy decrease.
As the final form of a standardized coin issuance method, colored coins provide a feasible standard answer for the future of crypto. It is based on Bitcoin to rebuild an orthodox currency circle. There are thousands of tokens in the world. We can build all of this on Bitcoin, so that the entire currency circle and Bitcoin are strongly bound, sharing honor and disgrace, and advancing and retreating together. This is a tribute to Satoshi Nakamoto, the currency circle, and the entire Web3. From such a cultural perspective, ARC-20 must and will prosper.