MathBusiness

💎 Everything you need to know About $BELLS 🔔

Bellscoin ($BELLS) isn't just another meme coin; it’s a pioneer.
🕰️ Launched in Nov 2013, this cryptocurrency was created by Billy Markus, the mind behind #Dogecoin - $DOGE 🤯

Article written by Mathieu Guicheteau, aka @MathBusiness
👉No financial advice, DYOR
Let’s explore everything about $BELLS – the first meme coin, born 8 days before Dogecoin 👇
🎮 Inspired by Animal Crossing
#Bellscoin ($BELLS) is inspired by Animal Crossing, where "Bells" are earned by catching bugs, fishing, and trading items. In $BELLS, mining replaces the gameplay, with random rewards just like the game’s currency.
While not affiliated with Nintendo, $BELLS embodies the creativity, fun, and community spirit of Animal Crossing in the crypto world. 🏡✨

1️⃣ LAUNCH
It all started in 2013, when Bitcoin was just starting to make noise, Billy Markus (@BillyM2k) published an article on BitcoinTalk (still accessible today) talking about the token he had just created: $BELLS. While DOGE is still just an idea.

💬 Billy Markus recognizes Bellscoin's legacy In fact, Billy Markus, recently confirmed his recognition as the creator of Bellscoin on X.

✨ This highlights Bellscoin as the true predecessor to DOGE, solidifying its status as the original meme coin with a unique blockchain. $BELLS is not just a token, it’s a piece of crypto history. This is the big brother of another token with a marketcap of 55B$, do you realize? 🔥

$BELLS was indeed launched on its own blockchain: #BellsChain , a decentralized Proof Of Work network (like #Bitcoin ). A launch without pre-mint, ICO or VC. But also without a real team or development allocation... 

Unfortunately, despite its narrative and its originality, $BELLS didn't really make any noise, and ended up falling into ignorance and oblivion, then being abandoned. 😥
2️⃣ RELAUNCH 🔄

It wasn't until Dec 2023, that @adamamcbride (on X) with the help of @lukewrightmain (on X), were able to reconnect with the original code and restart the #Bellschain network 🎉
This relaunch has helped attract a new generation of supporters.

3️⃣💰 A FINANCIALLY INVOLVED COMMUNITY 👥
Recently, Bellscoin community has successfully raised over $130,000 USD in just two days through voluntary donations. Funds are securely managed via multisig wallets, with full transparency on all transactions.
Donations will primarily be used for marketplace/exchanges listings (60%) and liquidity provisioning (40%), while any remaining funds will support the ongoing development of the Bellscoin ecosystem.
This initiative has fueled significant progress, including the launch of key products like the Nintondo wallet and BEL20 marketplace. The community continues to drive the project forward, ensuring all funds and expenditures are publicly visible and accountable.
4️⃣ TOKENOMICS
$BELLS seamlessly combines simplicity & power, driving a decentralized & sustainable ecosystem while maintaining #transparency. Unlike Bitcoin’s halving mechanism, Bellscoin has a structure where the issuance decreases exponentially with each passing epoch.

5️⃣ BELLSCOIN ECOSYSTEM 🌟
From a simple memecoin to a full-fledged ecosystem, $BELLS now powers BEL-20 tokens, a special wallet, bellinals, and an integrated marketplace. Real utility meets creativity—redefining what $BELLS can do. 🚀

6️⃣ A LOW CAP TOKEN BEING ADOPTED BY INSTITUTIONS 🐋🤯
Binance has officially announced its support for merged mining of Bellscoin (BEL). Since Sept 29, 2024, users can mine litecoin (LTC) and earn rewards not only in $LTC & Dogecoin (DOGE), but also in Bellscoin $BELLS

👉 This partnership means that Binance Pool, along with other major mining pools such as ViaBTC, AntPool, F2pool, and TrustPool, are now supporting Bellscoin’s merged mining. 📈 Shares hashrate with these giants, reaching 1.2 PH/s 👀

🚨 Another huge news about $BELLS 🚨
Jihan Wu, founder of BitMain (the world’s largest mining machine manufacturer), is now following Bellscoin’s official Twitter (@Bellschain). 💥 Proving that $BELLS is well followed by the big names in the crypto sphere. 🐋👀
This support strengthens Bellscoin’s position in the mining ecosystem and highlights the growing interest from the mining community in Bellscoin, further cementing its place in the world of decentralized cryptocurrencies.

7️⃣ CURRENT STATE 💹 (21th Nov, 2024)
Current Supply: 56,689,015 $BELLS Price (USD): $1.06 Market Cap (USD): $60,000,000 Network Hashrate: 1,200.0 TH/s
Let's see how this evolves in the weeks following this article.
➡️ ARTICLE SUMMARY 💫
To sum up, $BELLS appears to be a hidden gem: a low-cap asset, the first-ever meme coin, created by the founder of DOGE (currently at a $55B market cap). It is supported and mined by major institutional players and backed by a highly active community.

All of this unfolds in a political context where Elon Musk is actively promoting the DOGE ecosystem and frequently share/respond tweets from @BillyM2k. 👀 Currently at just 60M, $BELLS could easily reach 1-2B if listed on a major CEX in the coming months... (why not Binance ?)💣

💰 HOW TO BUY $BELLS ?
You can get $BELLS by mining it yourself, using the instructions on the Bellscoin website. You can also directly buy tokens via the exchanges on which it is listed. Not yet listed on any major exchange, which limits its access but makes it a real opportunity.

💥 BULLISH FACTS
On X, Elon Musk is a good friend of Billy Markus (@BillyM2k), $BELLS founder, in fact, he watches most of his tweets, and responds very regularly. More than 100 interactions over the past year.

Litecoin organization recognizes $BELLS in its ecosystem

Follow Mathieu / MathBusines on X :

END

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In the vibrant world of Bitcoin NFTs, two innovative protocols have emerged—Ordinals/BRC20 and Stamps/SRC20. Let's unravel their differences in this article ! 🌐🚀

1/ ⚙️ Technical Foundations:
Ordinals/BRC20

Ordinals embed data onto individual Satoshis, the smallest unit of Bitcoin, using the BRC20 protocol. This allows for unique tokens with digital content attached, creating non-fungible digital collectibles on the Bitcoin blockchain. 
Stamps/SRC20

#Stamps, on the other hand, leverage the SRC20 protocol, embedding data directly into the UTXO set. This ensures permanence within the blockchain and introduces semi-fungibility, allowing users to issue different types of digital assets. 

2/ 🔐 Security and Immutability:
Ordinals/BRC20

#Ordinals face potential data pruning, impacting long-term security. The BRC20 protocol's reliance on nodes raises concerns about data loss and alteration, as the decentralized network may prune old witness data. 
Stamps/SRC20

Stamps, by embedding data in the UTXO set, offer enhanced security and immutability. This approach ensures that once data is on the blockchain, it remains permanently preserved, immune to pruning or manual alterations. 

3/ 🚀 Use Cases:
Ordinals/BRC20

Ordinals are suitable for applications where data permanence is not critical. The potential for data pruning may limit their use in scenarios requiring enduring data integrity. 
Stamps/SRC20

Stamps shine in applications demanding enduring data integrity. Legal documents, certificates, and historical records benefit from the immutability of Stamps, ensuring long-term reliability.

4/ ⚖️ Regulatory Compliance:
Ordinals/BRC20

The potential for data loss and alterations in Ordinals may raise regulatory compliance concerns, especially in industries requiring tamper-proof records. 
Stamps/SRC20

Stamps, with their permanence, provide a robust solution for regulatory compliance. The tamper-proof nature aligns with legal standards, making them a reliable choice in industries where data integrity is paramount. 

5/ 📊 Scalability:
Ordinals/BRC20

The BRC20 protocol, relying on nodes to store witness data, may contribute to blockchain bloat, potentially impacting #scalability. Scalability concerns arise as adoption grows. 
Stamps/SRC20

Stamps, designed to occupy minimal space in the UTXO set, contribute to efficient scalability. This minimizes the impact on the overall efficiency of the Bitcoin network, addressing concerns related to blockchain bloat. 12/ ✨ Potential for Innovation: Ordinals/BRC20

The Ordinals/BRC20 protocol offers an innovative way to tag and track individual satoshis, providing granularity in data embedding. However, the potential for data pruning introduces a trade-off in terms of permanence. #Innovation 

6/ ✨ Potential for Innovation:
Ordinals/BRC20

The Ordinals/BRC20 protocol offers an innovative way to tag and track individual #Satoshis, providing granularity in data embedding. However, the potential for data pruning introduces a trade-off in terms of permanence. #Innovation
Stamps/SRC20

Stamps bring innovation with semi-fungibility, allowing users to issue various types of digital assets. The direct embedding into the UTXO set ensures a secure and lasting record of ownership, fostering new possibilities. 

7/ 🌐 Market Adoption:
Ordinals/BRC20

The market response to Ordinals has been notable, especially in the early stages, driven by the uniqueness of assigning a numbering scheme to Satoshis. However, concerns about data pruning may influence long-term adoption. 
Stamps/SRC20

Stamps, experiencing heightened demand with over 10,000 NFTs created in their first month, indicate strong market adoption. The advantages of immutability and semi-fungibility position Stamps as a preferred choice. 

8/ 🌌 Future of Data Embedding on Bitcoin:
Ordinals/BRC20

While Ordinals contribute to the richness of the Bitcoin ecosystem, concerns about data permanence and scalability may influence their role in the future. Innovations like Stamps offer alternatives with enhanced features 
Stamps/SRC20

Stamps, with their immutability and unique features, are positioned to play a significant role in the future of data embedding on the Bitcoin blockchain. Their advantages make them a valuable asset in evolving #technology. 

9/ 🎨 Bitcoin NFTs Evolution:
Ordinals/BRC20

Ordinals, introduced by @rodarmor, sparked a demand for unique digital collectibles by assigning a numbering scheme to Satoshis. The historical significance lies in the early exploration of #NFT possibilities on Bitcoin. 
Stamps/SRC20

Stamps, the brainchild of "Mike in Space," represent a paradigm shift with their heightened demand and unique advantages. They mark an evolutionary step in the exploration of secure and immutable data embedding on Bitcoin.
 
10/ 🖥️ User-Friendly Platforms:

While both protocols contribute to the blockchain narrative, the user-friendly platforms that abstract technical complexities will be pivotal for widespread adoption. Accessibility is key to driving the integration of innovative protocols. 

11/ 🫧 BRC20 VS SRC20 MARKETCAP

🟠 BRC20 : 1,700,000,000$
⚪ SRC20 : 90,000,000$

Marketcap of the BRC20 is currently 19x higher than the SRC20 marketcap.

12/ 🟠 Some BRC20 tokens:

$ORDI - 1,1B (first & biggest)
$SATS - 468M (most held)
$XING - 1,2M (first on rare sats)

Some ordinal collections :
@Bitcoin_Punks_(first)
@BitcoinFrogs (biggest)
@BitcoinApes_ (largest storage)

Explorer : @ord_io
Marketplaces : @okx @MEonBTC @ordinalswallet @unisat

13/ ⚪ Some SRC20 tokens:

$KEVIN - 11M (first)
$STAMP - 50M (biggest)
$STMAP - 4M - "StampMap" (first utility token - biggest SRC20 project)

Some Stamp collections :
Flocks (first)
@Stam_Punks (biggest)

Explorer : @Stampchain
Marketplaces : @thestampwallet @btcopenstamp @StampedNinja @stampscan_xyz

Choice between Ordinals/BRC20 and Stamps/SRC20 in the Bitcoin NFT realm boils down to priorities. While Ordinals offer granularity, Stamps provide enhanced security, immutability, and scalability. Future holds exciting possibilities as innovation propels the NFT space forward 

14/ ORDINALS 🆚 STAMPS: article summary
by @MathBusinessfr

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