I highly believe in the future of colored coins, but I have also thought deeply about a question: If colored coins really become a global mainstream asset one day, will the standard everyone adopts definitely be ARC20?

Finally, I chose to believe.

Colored coins are an asset form that is rooted in the history of Bitcoin and deeply aligned with Bitcoin culture.

“ColoredCoin” only has a story under the interpretation of “Colored Bitcoin”. Other asset forms do not necessarily have to go through Bitcoin again, but colored coins are different. They were born from Bitcoin and can only grow beyond Bitcoin.

Wizz’s first ARC20 staking test on Bitcoin Testnet 4 has been successfully completed!
Many fans in the community participated in this staking test and had a smooth experience. The feedback was very good. We look forward to Wizz launching better products and more innovative gameplay in the future!
Wizz Announcement:

Participant feedback:

Atomicals Protocol Diagram

【Quark Navigation】

#Wizz #ARC20 #Quark #Atomarc

Author:Shako
Dive into the world of Atomicals and learn about its core components: ARC20 tokens, Dmint NFTs, Realms, and how the AVM powers the entire protocol.

1. Protocol Overview:
Atomicals is more than just a token standard, it realizes the vision of enhancing functionality on Bitcoin envisioned by pioneers such as Satoshi Nakamoto, @halfin, and @VitalikButerin.

2.ARC-20：
ARC20 fungible tokens are colored coins native to Bitcoin, backed 1:1 by Satoshi and PoW mining, and follow a decentralized UTXO model.

3. Partial dyeing:

Partial coloring allows Atomicals to overcome Bitcoin’s dust limitations, providing significant advantages over all other fungible token standards on top of Bitcoin:

1. Exploration of the application of colored coins in the big data ecosystem
2. QUARK’s value logic
3. QUARK’s bottom value and growth potential
4. Decentralized community practice in the post-miner era
 
1. Exploration of the application of colored coins in the big data ecosystem
 
Colored coins refer to a group of similar technologies that use the Bitcoin system to record the creation, ownership, and transfer of assets other than Bitcoin. They can be used to track digital assets as well as tangible assets held by third parties, and to conduct ownership transactions through colored coins.
Coloring refers to adding specific information to Bitcoin UTXO to distinguish it from other Bitcoin UTXOs, thus bringing heterogeneity to homogeneous Bitcoins. Through the color coin technology, the issued assets have many of the same characteristics as Bitcoin, including double-spending prevention, privacy, security, transparency and anti-censorship, ensuring the reliability of transactions.

There are two main types of changes in Quark:
First, the price of the currency broke through the short-term pressure line today and began to move closer to the horizontal pressure level:
Pay attention to the trading volume, which is obviously decreasing.

Second, the depth of buy orders and sell orders is seriously unequal:
Buy orders are piling up in large numbers, in stark contrast to sell orders.

——Buy orders are piled up in large quantities, indicating that funds are coming in;
——The short-term pressure line was broken through with reduced volume, indicating that the funds entering did not actively attack upward, otherwise the increase would be exaggerated;
So, what is the intention behind entering the funds?
——Is it to support the market? This possibility is not high. When the market was at its darkest some time ago, the price of Quark did not hit a new low. After several months of fluctuations, the mentality of coin holders is very stable, and the selling pressure is actually very small.