$SHIB $ORDI Bitcoin ecosystem key development timeline:
· December 14, 2022: The Ordinals protocol was born. Developer Casey Rodarmor released the Ordinals protocol, allowing data to be inscribed on the smallest unit of Bitcoin, 'sats', opening a new door for the Bitcoin ecosystem.
· March 8/9, 2023: The BRC-20 token standard and ORDI were born. An anonymous developer, domodata, created the BRC-20 standard based on Ordinals, and on March 8, the first experimental token ORDI was deployed, which was fully minted by March 9.
· May–June 2023: The BRC-20 ecosystem first erupted. ORDI surged from $0.003 to nearly $30, leading the first wave of asset issuance frenzy in the Bitcoin ecosystem.
· November 7, 2023: ORDI goes live on Binance. Binance officially listed ORDI, marking the recognition of the BRC-20 ecosystem by mainstream exchanges.
· September 9, 2024: Fractal Bitcoin (token FB) mainnet goes live. The Bitcoin native expansion solution developed by the UniSat team goes live, aiming to enhance network speed and reduce transaction fees, laying the technical foundation for large-scale applications in the Bitcoin ecosystem.
· Early September 2024: FB begins its first community airdrop. Around the mainnet launch, the team distributed a total of 1 million FB tokens to eligible UniSat and OKX wallet users to reward early ecosystem participants, making FB one of the most attention-grabbing assets in the Bitcoin Layer 2 track.
· September 30, 2024: InSwap officially goes live. As the first brc-20 DEX deployed on both the Bitcoin and Fractal networks, InSwap provides a decentralized trading venue for Bitcoin native assets.
After the launch of InSwap, FB upgraded from an airdrop token to a core liquidity hub and Gas asset of the Bitcoin expansion network: it bears transaction fees in InSwap and serves as the base valuation unit for most trading pairs. As the entry point of the Fractal ecosystem, the trading volume and TVL of InSwap determine the real demand for FB, and the value capture of FB provides consensus support for InSwap. The two are deeply bound, forming the second wave of growth engine following the BRC-20 explosion—"expansion network + native DEX" driven application layer explosion. Currently, the liquidity depth of FB in InSwap has become a core indicator for measuring the health of the Bitcoin Layer 2 ecosystem, analogous to the relationship between Uniswap and ETH.
#DOGE #BLOK #10000SATS