BTC ecology is the core narrative of this bull market. The #Atomicals protocol is the biggest technological innovation of Bitcoin ecology in this bull market. $Quark#Quarkis the best meme of Bitcoin ecology.

Colored coins: Reconstructing a "coin circle" on Bitcoin

With such an excellent target and so many excellent community builders, why not join? $quark
#Quark #atomicals #Arc20

The big guys in the cryptocurrency circle are all optimistic about the colored coin Quark $quark
#Quark #atomicals #Arc20

The layout is suitable for mobile phone viewing
#Quark #Arc20 #atomicals

染色币: $quark
#Quark #atomicals #Arc20

【repost】
link:https://x.com/0xLeaper/status/1796949467901665511
#Quark #Arc20 #atomicals #AVM

[Repost - An article with a deep understanding of colored coins]

/ Colored coins: Reconstructing a "coin circle" on Bitcoin

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 themselves 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 coin 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 cannot be challenged. Only Bitcoin has truly left its name in history and become a 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 has been restricted to Bitcoin through 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, only colored coins can openly say - 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 to rebuild an orthodox currency circle on top of Bitcoin. There are thousands of tokens in the world, and we can build all of them 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.

Atomicals Protocol, translated into Chinese as "Atomic Protocol". Atoms are the basic units of matter. The name itself represents the fundamental nature of the protocol, which aims to create a foundational ecosystem born from Bitcoin. All the ideas on Atomicals are native enough that the protocol author has been quoting Satoshi Nakamoto's words over the past six months to tell everyone: You know, this is exactly what Satoshi Nakamoto wanted, and we finally made it happen!

The development ceiling of colored coins is unimaginable. It is expected to truly mobilize trillions of funds dormant in the blockchain. The emergence of ARC-20 may have opened the prelude to the real golden industrial era, an industrial revolution belonging to digital gold.

Regardless of the paradigm innovation of Realm and AVM, the point of colored coins is enough to subvert the cognition of every person in the currency circle about the concept of virtual currency. Why can all coins only be air coins? No, colored coins can also be digital gold. All "blockchain revolutions" can happen on Bitcoin, instead of a vicious cycle of constantly opening plates and cutting leeks in the name of "innovation".

Many people also like to classify ARC-20 as inscriptions. I don't know if there is a third wave of inscriptions. But I can clearly say that there will be waves of colored coins, which is the origin of all things in Crypto.

By this, I want to say to the players of the Atomicals ecosystem today that this ecosystem is far more interesting than you think.

Less than a year after the birth of Atomicals, the entire ARC-20 ecosystem is still full of gold. In the next 1, 3, and 5 years, this decentralized ecosystem belonging to the public will allow people to see the rise of another era.

Our generation seems to have caught up with the best time.

#Quark #quark #Atomicals #atomicals #arc20
Original link: https://x.com/LeaperArc/status/1796934088475156815

#avm at a glance #Quark #atomicals

#avm White Paper
#atomicals #Quark
Chinese version: https://docs.wizz.cash/wizz-wallet/v/zh/avm-bai-pi-shu-zhong-wen-ban
English version: https://x.com/atomicalsxyz/status/1795180417919697036

[Transfer] Interpretation of AVM White Paper

Please note: This article is written based on personal cognition and logical reasoning, and may not be correct. It is for reference only.
To understand AVM, the focus is on the following three pictures. Let's analyze them one by one:
Figure 1: What AVM wants to do

1️⃣
Developers can customize the "creation rules" and "transfer rules" of assets. These rules (or contracts) are stored and reflected in the form of data contained on the chain.

2️⃣
The created assets contain "states", which will be updated according to operations. Introducing "states" is very important for expansion.

3️⃣
From this dimension, AVM can actually be understood as a superset of the "layer asset protocol" (called Overlayer Protocol in the white paper), which can provide developers with a sufficiently customized way to create assets and related systems on the BTC mainnet.

Figure 2: How to do AVM
Let's look from top to bottom, from left to right:
1️⃣
The left side is the BTC main network, which contains our contract data, status data, etc.;
2️⃣
The middle part is the programming part based on Indexer. We can call the smart contract code (left). The code can be compiled by high-level language (top). After executing the contract (right), the relevant data (including token data, status data) is stored locally (bottom)
3️⃣
The specific execution function form includes two categories: one is the original op-code of Btc, such as op_add, op_mul, etc., and there is also op_cat that has not been passed. The other is the op-code that developers can customize, such as op_ft_balance (FT asset balance). In theory, there will be an official library, and developers can inherit and develop new functions based on the official library.
4️⃣
The footnotes explain the op-code. I don’t really understand why the proposed Two Stack PDA is Turing complete for the custom op-code. If you know, please give me some advice in the comments.

Figure 3: How AVM [forms consensus]
Since each client runs off-chain, how to form a consensus? The answer given in the white paper is to put the state hash on the chain, so that everyone can check whether the state is correct and synchronized.
After understanding the above points, we can sort out our understanding of AVM:

1️⃣
AVM provides a platform for developers to flexibly formulate asset rules;

2️⃣
Through native and customized op-codes, it can realize many functions, but it should be noted that these functions are different from what we understand as smart contracts in the EVM system, and relatively speaking, scalability requires time to develop;

3️⃣
AVM is based on indexer programming. In principle, it may be compatible with asset protocols with indexers in the future, and can realize the native access of such assets. It may provide such assets with another cross-chain form in addition to multi-signature/isomorphic binding, but it feels difficult to deeply bind different asset protocols from an ecological perspective;

4️⃣
The impact of AVM should not be overestimated for the time being, because it is based on the BTC mainnet, and what can be done based on the mainnet is limited (subject to the performance of the mainnet); but it should not be underestimated. In theory, it can realize the contract capabilities of the mainnet, which is of great positive significance to the BTC ecosystem. Whether it can be combined with the Lightning Network in the future is also a direction that can be explored.
#avm #atomicals #Quark

Original link: https://x.com/DaPangDunCrypto/status/1796099325170495990

[Repost - A more in-depth article]
How to understand the latest AVM virtual machine white paper released by @atomicalsxyz? In short: it is a way to simulate the Bitcoin virtual machine, so that the originally "stateless" Bitcoin main network can realize the ability to carry a smart contract system, and then complete the state recording and processing capabilities of more complex assets other than BTC assets, similar to Turing complete smart contracts. Next, I will share my understanding:

1) Bitcoin was originally designed as a peer-to-peer electronic cash system with a certain script script data storage capacity, some basic OP Codes operation codes, and a set of asset verification logic based on UTXO time locks and spending conditions.

Therefore, the Bitcoin network can achieve "stateless" asset management when recording and transmitting BTC assets. Due to the limitations of the UTXO minimalist model and predefined state conversion rules, this stateless model can only handle limited management of a single BTC asset.

If you try to add new assets to the Bitcoin network, such as BRC20, ARC20, Runes and other assets, you need a more complex dynamic "state machine" model to record the storage, transactions, state changes, etc. of these assets. How to achieve it?

One way is to use external protocols and layer2 second-layer solutions to build a "state machine" model off-chain to extend processing. Current excellent Bitcoin second-layer expansion solutions such as @NervosNetwork @RoochNetwork, and even Native solutions such as RGB and Lightning Network belong to this category;

Another way is to directly expand the function of the Script script to add new operations or storage space to handle the creation and transfer of complex assets. Solutions such as Covenant and OP_CAT that rely on BIP proposal standards to be passed belong to this category;

The above two methods are either too "active" and difficult to reach consensus in a short period of time, or too "passive" and there is great uncertainty. The AVM virtual machine provides a special processing solution that is between the two and directly builds a virtual machine execution environment on the Bitcoin main network.

2) How to do it? The main working principle of AVM includes three parts:

1. Bitcoin script simulation, which is actually the Bitcoin instruction set, realizes Turing complete properties through a dual-stack PDA (pressable storage automaton);

2. Sandbox operating environment. The entire simulator is in a controlled isolated environment, so that the execution in the sandbox and the execution outside the sandbox do not interfere with each other;

3. State hashing allows participants to verify whether the state of their indexer is correctly synchronized, preventing the potential attack of inconsistent state.

Simple understanding: AVM directly uses the current limited storage space of BTC and the OP Codes processing framework, and introduces a special encoding and decoding method (sandbox environment) in each BTC mainnet transaction.

This sandbox comes with an indexer, sandbox parser (instruction set), global Database, etc., which can independently complete the storage of a whole set of assets, transaction status records and other management, which is equivalent to a dynamic "state machine" built into the BTC mainnet, and then it can realize complex smart contract processing and state synchronization and verification.

3) With the AVM virtual machine, the Bitcoin mainnet can theoretically have basic smart contract operation functions, allowing Bitcoin to manage multiple complex assets and the possibility of landing complex state logic DApps, which is equivalent to giving the Bitcoin network a certain self-built ecological function.

This is certainly a great progress, at least it is the same level of BTC expansion capability innovation as RGB, Lightning Network and various excellent second-layer protocol processing solutions. It is even better than other solutions in terms of Native.

However, in my opinion, AVM relies on Bitcoin Script scripts for encoding storage and OP Codes for transaction execution, so it is generally limited by the performance of BTC's main network, such as: block storage space size, fast speed, etc.

Imagine that a DeFi project built on AVM can only process 7 transactions per minute, and it takes 10 minutes to wait between two state transitions. Even if such a smart contract is complete in theory, it is still bound by its hands and feet, and the scenarios and imagination space that can be implemented are very limited. Moreover, relying on the Bitcoin Script script instruction set to develop complex contract functions is more complicated and difficult than developing smart contracts in languages ​​such as Ethereum Solidity.

Therefore, the AVM white paper only clarifies a built-in virtual machine execution method of Make Sense. How it is actually deployed online to the application environment and how it can run stably are still unknown.

Overall, I tend to regard the development and implementation of AVM as a beneficial and proactive exploration based on the extension of the BTC mainnet script. It can indeed drive the implementation of some simpler smart contracts on the BTC mainnet. At the same time, the Bitcoin mainnet can play a greater role and value in the construction of the second-layer ecosystem and the on-chain and off-chain combined ecosystems such as BitVM.

However, like other types of BTC expansion solutions, AVM also has advantages and disadvantages. It also depends on the ecological construction after implementation to expand its "orthodoxy" attraction. It is recommended to maintain a rational, cautious and optimistic attitude.

Note: The above content does not constitute investment advice. Friends who agree with my continuous input of valuable content can visit my Twitter homepage and click on the Substack column to subscribe (currently free). More in-depth and professional investment research and analysis content, especially content that is not suitable for public sharing on Twitter, will be seen there.
#avm #Quark #atomicals

Original link: https://x.com/tmel0211/status/1795344307173683283

[Repost]
I think the fundamentals of $Quark are quite good recently. Let me give you a brief analysis of what I have seen recently.

First of all, the premise: the ecosystem has obviously recovered.

The external environment is improving, and the entire Bitcoin ecosystem and even the inscription sector are showing signs of recovery. We can follow the trend.
The internal ecological environment has made a huge breakthrough, and the protocol has a breakthrough point that can be launched again.#AVMhas laid an excellent starting line. In the next period of time,#ARC20will have a series of stories to tell.

Under this premise, I think #Atomicals will soon enter a period of large capital influx, not only Quark, but the entire colored coin sector should have a great wealth effect in the next period of time.

The atomic ecology has a sense of success, but first of all, I still hope that friends in the community will continue to work hard to build it-the overall CX strength of the Atomicals ecosystem is still insufficient, and there are still too few people who know about colored coins and AVM.
Everyone is concerned about when they can be listed on OKX and Binance. Before that, it is better to try to let everyone know about Atomicals. When a MEME becomes a nationwide phenomenon, it is not good for the coin to be listed on the exchange, but for the exchange. This is the role of the community, but do good things first, don't ask about the future.

Back to #Quark, the recent trend is still quite obvious.

From the market perspective, sweeping orders in the mainstream market is becoming more and more frequent. In the past two days, our Twitter broadcast robot even crashed for the first time. Research found that our Twitter API is limited to 50 messages per day, and that day the robot @QuarkBoost's large order broadcast volume exceeded 50 for the first time.

At the same time, the trading volume of the exchange has remained high in the past few days. This week, BG's daily trading volume has increased exponentially, with 100 million Quarks changing hands every day (almost ten times the average of the past two months). Liquidity is always king.

In terms of data, in addition to liquidity, the number of Holder addresses is also growing non-stop!
According to the on-chain data monitoring of Fangniu, the large holders of the top 300 addresses have been changing hands frequently this week, while the number of retail addresses has continued to increase. On average, dozens of new addresses have been added every day in the past few days (note: many newcomers are purchased from exchanges, so most of the new addresses are just newcomers on the chain, and the actual number of newcomers may be far more than this).
At the same time, the number of people in the Telegram community group is continuing to grow. Every day, many people join the group to learn about Quark; the natural traffic of the official website (http://Quark.Meme) is also increasing simultaneously... All data are developing in a positive direction.

From the perspective of the community, the cohesion has become stronger and stronger in the past week or two. It has been a long time since we have seen such a grand scene where the homepage is all Quark. The traffic is rising, and the price is far from returning to the previous high.

What is more important is the wholehearted construction of the old community members. Many people, like me, really regard Quark as a career, invest in it for a long time, and never give up easily. The output capacity of community members is now getting stronger and stronger, and the construction direction is becoming more and more diverse. I really think that many builders are comparable to a high-quality project team.
By the way, the community has recently attracted some OG big guys to join one after another, and the overall strength of the entire Quark community is increasing day by day.

In the past two months, the Quark community is one of the few groups that insists on full construction. You can take a look at the fruitful community results in the past six months just sorted out by @fangniubot. Quark will continue to move forward steadily, be the best harbor for idealism, and be the biggest MEME of the Bitcoin ecosystem!

We have passed the low point of the community's hesitation and confusion. Next, let's open a new chapter together and witness Quark's ultimate goal of "1 coin = 1U"!

Now is the critical period for unity and full construction. With the help of the east wind, I hope Quark and the entire Atomicals ecosystem can be reborn from the ashes and create glory again
#Quark #atomicals
✊
Original link: https://x.com/LeaperArc/status/1795933596689330349

[Transfer] "Understanding of AVM and Some Possible Imaginations"

This article refers to the Chinese version of Wizz, link: https://docs.wizz.cash/wizz-wallet/v/zh/avm-bai-pi-shu-zhong-wen-ban...

When Bitcoin was first born, it was used as a store of value, and other functions such as exchange medium and transmission operation code were relatively minor.

Due to some historical reasons, in order to maintain the purity of Bitcoin's value storage, some simple logical functions that could have been performed were disabled.

With the birth of the ordinals protocol, this ban began to slowly loosen.

People are not satisfied with the creation of the Bitcoin chain as just a store of value. Is there a place that can be trusted more than the Bitcoin chain? Once Pandora's box is opened, it can never be closed again.

The ordinals protocol quickly took root in the fertile land of the Bitcoin chain, and gave birth to very interesting protocols such as brc20, arc20, and runes. With the development of ordinals and these protocols, a new ecology has been formed-Bit Ecology.

Since Bitchain still has restrictions on opcodes, the current Bit ecosystem is an overlay protocol built on Bitchain - creating and managing digital assets through Bitcoin transactions, while the overlay protocol indexer tracks and manages the life cycle of digital assets by reading data directly from special Bitcoin transactions.
The current Bitchain protocol can only meet the basic functions of the asset protocol: creation and issuance, transfer query, and destruction.

The financial instruments in the real world are dazzling, and fellow Bitchain surfers are not satisfied with the current basic functions. People are eager for more convenient and trustworthy technologies and applications.

AVM is the light that the current Bit ecosystem expects the most.

AVM attempts to propose a solution that allows the existing Bit protocol to meet some advanced functions, such as: pledge, lending, payment system, etc.

The simplified execution order is as follows:
1. Upload
1. Construct a transaction and write the code logic to be executed in the constructed transaction.
2. Upload the transaction containing the code logic to the RPC node. After the node recognizes the code logic that meets the requirements, it will be marked with the index and uploaded to the chain normally.
3. The on-chain confirmation is completed and the code logic is uploaded.

II. Execution
1. Add a pure isolated code environment that can run complex logic outside the BitChain.
2. Construct a transaction, use the previously uploaded code logic name in the transaction, and upload it to the chain normally.
3. When the RPC node broadcasts, it recognizes that the transaction calls the previous code, and then runs the logic in the code environment, changes some parameters, completes the code logic operation, and then uploads it to the chain.
4. After the chain confirmation is completed, the code logic execution is completed.

The maintenance method of the pure isolated code environment is similar to the current RPC node. Everyone can run their own environment in a distributed manner and verify the results.

It has to be said that this is an attempt to save the original functions of the BitChain to the maximum extent and the complex logic execution.

After the successful implementation of this solution exploration, it will not only be limited to the atom protocol, but the entire Bit ecosystem will take a step forward in exploration.
Original link: https://x.com/qingshan857/status/1796137063303319790
#atomicals #Quark

[Transfer] "Understanding of AVM and Some Possible Imaginations"

This article refers to the Chinese version of Wizz, link: https://docs.wizz.cash/wizz-wallet/v/zh/avm-bai-pi-shu-zhong-wen-ban...

When Bitcoin was first born, it was used as a store of value, and other functions such as exchange medium and transmission operation code were relatively minor.

Due to some historical reasons, in order to maintain the purity of Bitcoin's value storage, some simple logical functions that could have been performed were disabled.

With the birth of the ordinals protocol, this ban began to slowly loosen.

People are not satisfied with the creation of the Bitcoin chain as just a store of value. Is there a place that can be trusted more than the Bitcoin chain? Once Pandora's box is opened, it can never be closed again.

The ordinals protocol quickly took root in the fertile land of the Bitcoin chain, and gave birth to very interesting protocols such as brc20, arc20, and runes. With the development of ordinals and these protocols, a new ecology has been formed-Bit Ecology.

Since Bitchain still has restrictions on opcodes, the current Bit ecosystem is an overlay protocol built on Bitchain - creating and managing digital assets through Bitcoin transactions, while the overlay protocol indexer tracks and manages the life cycle of digital assets by reading data directly from special Bitcoin transactions.
The current Bitchain protocol can only meet the basic functions of the asset protocol: creation and issuance, transfer query, and destruction.
The financial instruments in the real world are dazzling, and fellow Bitchain surfers are not satisfied with the current basic functions. People are eager for more convenient and trustworthy technologies and applications.
AVM is the light that the current Bit ecosystem expects the most.
AVM attempts to propose a solution that allows the existing Bit protocol to meet some advanced functions, such as: pledge, lending, payment system, etc.
The simplified execution order is as follows:
1. Upload
1. Construct a transaction and write the code logic to be executed in the constructed transaction.
2. Upload the transaction containing the code logic to the RPC node. After the node recognizes the code logic that meets the requirements, it will be marked with the index and uploaded to the chain normally.
3. The on-chain confirmation is completed, and this code logic is uploaded.

II. Execution
1. Add a pure isolated code environment that can run complex logic outside the BitChain.
2. Construct a transaction, use the previously uploaded code logic name in the transaction, and upload it to the chain normally.
3. When the RPC node broadcasts, it recognizes that the transaction calls the previous code, and then runs the logic in the code environment, changes some parameters, completes the code logic operation, and then uploads it to the chain.
4. After the chain confirmation is completed, the code logic execution is completed.

The maintenance method of the pure isolated code environment is similar to the current RPC node. Everyone can run their own environment in a distributed manner and verify the results.

It has to be said that this is an attempt to save the original functions of the BitChain to the maximum extent and the complex logic execution.

After the successful implementation of this solution exploration, it will not only be limited to the atom protocol, but the entire Bit ecosystem will take a step forward in exploration.
Original link: https://x.com/qingshan857/status/1796137063303319790
#atomicals #Quark

avm white paper released, the Bitchain protocol enters the smart contract stage from the coin issuance stage #Quark #avm #Atomicals #atomicals #Arc20
Chinese version: https://docs.wizz.cash/wizz-wallet/v/zh/avm-bai-pi-shu-zhong-wen-ban
English version: https://github.com/atomicals/avm-whitepaper

When the waves recede, you will know who is swimming naked #Quark #Arc20

$Quark Quick Solution #Quark #Arc20

// A brief discussion on AVM - a summary of public information from the past few months (Part 2)

Based on the information stated in this report, I will circle a few more keywords.

· "Turing-complete virtual machine": AVM can perform any computing task. In theory, as long as there are enough computing resources and time, AVM can achieve everything that Ethereum has and may achieve in the future under certain conditions.

· "Optimize state transition function and increase parallel processing capability": Change people's stereotypes about the bloated and inefficient Bitcoin chain. AVM can process a large number of transactions and data in parallel (high throughput, high scalability) and efficiently meet a wide range of business needs. Instead of doing one thing per transaction as in the past, more complex operations are executed in contracts.

· "Interoperability and cross-chain communication": It is very important. Bitcoin has always been regarded as an isolated blockchain network. Cross-chain collaboration will change this pattern. Here, we may soon see application cases such as cross-chain migration of assets and multi-chain protocol collaboration.

· "Developer-friendly interface": Before developing Atomicals today, project owners must first fully understand what Atomicals is; in the future, the threshold for development will be lower and lower. As long as you are a coder, you may be able to easily create a Bitcoin native application based on AVM.
However, specifically, what tools or language support AVM provides, whether it will be like Solidity for Ethereum, or whether there is a visual programming interface, these still need to be further revealed.

Just kidding, sometimes I even think that the entire Ethereum is just a huge test network
🤣
——People have witnessed the feasibility of various activities, gameplay, and modes through the Ethereum test field, and finally, they have landed in a new Bitcoin ecosystem that has achieved Turing completeness.

The above statements about AVM are still our old cognition. What kind of AVM do we expect, and what will the final AVM look like?

A glimpse of the leopard in the tube gives us a glimpse of it. This time, the era of smart contracts for Bitcoin may really come.
Everyone knows it, but most people don't understand the huge changes that this may bring.No pie in the sky, just expectation, let's witness it together.

Be more patient, don't forget that every update launched by the protocol in the past has not disappointed us, let alone the most important AVM this time. I hope that I can have a new understanding and new imagination of AVM soon.

Quote an old saying of Arthur: "The competition has absolutely no idea about the atomic bomb about to drop."

⚛️

NO IDEA, ATOMIC BOMB
💣

Latest progress of AVM:
One day ago, Neeboo @ghostcorn said that Task 1 (white paper related tasks) has been completed.
Let's look forward to the surprises brought by the white paper.

Of course, such a development node will not produce leapfrog results.
The entire next six months of the Atomicals ecosystem are the highlights.

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
⚛️
#Atomicals#arc20#quark#atom#AVM$quark

Article from:
https://x.com/LeaperArc/status/1794308864223146004

// A brief discussion on AVM - a summary and discussion based on the public information of the past few months (Part 1)

Atomicals builds a world based on Satoshi, where everything originates from Satoshi and everything can be colored; or to explain it with the name "Atomicals", everything is an atom.

It is essentially a completely different implementation path from Ordinals. It is just that they appeared at the same time and happened to have the same things as tokens/NFTs/domain names, so people will make analogies.

But I don't like analogies. Atomicals has a long way to go, and it has and should have its own rhythm.

When it comes to inscriptions, their biggest innovation lies in the "inscription" itself. It launches the thing called Inscriptions, and its process "inscription" directly leads to the result "inscription".

As for colored coins, the token form (Colored Coin) of ARC-20 is a result. What is really worth talking about in the protocol should be the process behavior of "coloring". The real innovation lies in the infinite possibilities of "coloring" + "decoloring". Rather than saying that Atomicals has launched a way to issue coins, it is better to say that Atomicals has created a way to use Bitcoin, which happens to be used for issuing coins.

So what else can this "method" do? This is the significance of the AVM we are looking forward to.
Only with 0 and 1 can there be everything on the Internet; only with coloring and decoloring can we enter the era of AVM.

————

What is AVM? What can AVM do?
In fact, we are not completely ignorant today. Sorting out past information can also give us a glimpse.

Today I reread an article from BlockBeats last month and found that there are many descriptions of AVM in it, which we should also understand today.
Take this opportunity to make a key excerpt and popular science.

(Quoted text in the dividing line)

- - - - - -
In the interview, Arthur briefly introduced the Atomicals Virtual Machine (AVM). As a Turing-complete virtual machine, AVM can execute various computing instructions required for complex blockchain applications, including enabling developers to create smart contract programs on Bitcoin and create unprecedented experiences.

“With AVM, many possibilities become available, including solving previous historical problems in a more elegant way."Brutoshi said.

According to the introduction of Atomicals community enthusiast @PunkOnChain on Twitter, its breakthrough points are:
· AVM will have an advanced execution environment that can handle smart contracts and dApps;
· Custom instruction sets for enhanced performance to reduce Gas costs;
· Optimize state transition functions, increase parallel processing capabilities to improve throughput and scalability;
· Achieve interoperability and cross-chain communication;
· Provide a developer-friendly interface.

For those who can't understand the technical theory, it can be simply understood as:
· AVM will make Atomicals have a smarter brain and a supercomputer capable of performing various tasks;
· A special toolkit makes complex tasks easier, more time-saving and labor-saving;
· Have a very smart manager who can keep everything in order;
· Have a translator who can communicate with other communities to make communication between the Atomicals system and other systems more convenient;
· Have an extremely practical tool book that can help developers learn how to use AVM faster.

After AVM goes online, it will easily support the pledge, lending, deposit and other functions of ARC-20 assets. Based on AVM, ARC-20 assets can be deposited into smart contracts, similar to Ethereum's ERC-20 tokens can be deposited into Solidity contracts. "

(Information source: https://theblockbeats.info/news/52631)

#Quark #atomicals #Arc20
Article transferred from: https://x.com/LeaperArc/status/1794308864223146004