BRC20 inscriptions are an experimental standard for minting tokens on the Bitcoin chain, inscribed onto each satoshi through the Ordinals protocol, fair minting, first-come, first-served. BRC20 inscriptions can be seen as programmable currency on Bitcoin, with innovation and potential. The profits from BRC20 inscriptions mainly come from market speculation and consensus; if you participate in minting early, there's no doubt you're a winner now, enjoying thousands of times the returns, such as ORDI, where early players gain huge profits. BRC20 inscriptions can also be empowered, for example, the Unisat platform uses SATs as gas for platform consumption and rewards, which gives some boost to SATs. Also, with the New Year approaching, if you don't gather some followers, how can you buy New Year goods? First, you can understand the three main parts of the BTC layer protocol:


The protocol defines the rules for writing data on Bitcoin. Indexers provide the ability to query and parse this data. The ledger records token balances and handles transfers.
For BRC2
BTC-1.63%
ORDI-4.43%
SATS0.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin