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Is Bitcoin Inscription worth investing in?
What are the Bitcoin inscription tokens?
Home web3.0 Does Bitcoin minting have investment value? What types of minted tokens are there?

Does Bitcoin minting have investment value? What types of minted tokens are there?

Jan 19, 2024 pm 07:15 PM
Bitcoin inscription value Bitcoin Inscription Token

Although Bitcoin Inscription is an emerging product, it is currently extremely popular and has attracted widespread attention from investors. Bitcoin inscription refers to information or data with specific meaning and value recorded on the Bitcoin blockchain. Among them, Bitcoin inscription tokens led by ordi and sats have investors rushing to invest. Of course, investors are paying attention Not only is the project popular, but he is also considering whether Bitcoin Inscription has investment value? According to the current data analysis, the investment value is still good. The main reason is its scarcity. The following editor will analyze the value of Bitcoin inscriptions for everyone.

Does Bitcoin minting have investment value? What types of minted tokens are there?

Is Bitcoin Inscription worth investing in?

Bitcoin inscriptions have unique and scarce characteristics, which gives them investment value. Once an inscription is recorded, it cannot be changed or deleted, meaning each inscription has a unique value. In addition, with the continuous development of blockchain technology, Bitcoin inscriptions may also play an important role in art, collections, copyright protection and other fields, further increasing its investment value.

Bitcoin inscriptions can include simple text or complex codes, and once recorded on the blockchain, they are permanently stored and cannot be changed. This unique feature makes it a non-replicable and non-tamperable digital asset.

The market prospects of Bitcoin Inscription depend on the development of blockchain technology and market acceptance. As technology advances and the digital currency market matures, Bitcoin Inscription is expected to become an important part of the cryptocurrency market. Its application in ensuring data authenticity and non-tamperability will also bring more investment opportunities. However, it should be noted that Bitcoin Inscription still faces some challenges, such as energy consumption issues and regulatory policy uncertainty. Therefore, investors need to carefully assess the risks and pay close attention to relevant market dynamics when considering investing in Bitcoin Inscription.

What are the Bitcoin inscription tokens?

The mainstream Bitcoin inscription tokens include ordi, sats, rats, Atom and other cryptocurrencies. The following is a detailed introduction to these tokens:

1, Ordi

Ordinals The protocol is a system of numbering Satoshis (Satoshis, the smallest unit of Bitcoin, 1BTC = 100 million Satoshis) according to the order in which they are mined, and tracking them in transactions. By assigning Satoshis a unique number, Satoshis cease to be homogeneous and become distinguishable individuals. Satoshis in transactions are transferred from transaction inputs to transaction outputs on a first-in, first-out basis. The protocol's numbering scheme and transfer scheme are both sequence dependent. The numbering scheme is based on the order in which satoshis were mined, while the transfer scheme relies on the order of transaction inputs and outputs. Therefore, this solution is named Ordinals protocol. There are 21 million Ordinals Satoshi in total.

2. Sats

The total number of Sats minting times reached 21,107,258 times, and the number of holders reached 36,061. It has the same concept as the smallest unit of BTC and will serve as the gas and trading pair of L2brc20-swap launched by Unisat.

UniSatWallet stated that brc20-swap will charge a 0.3% service fee to all users participating in the transaction. About 1/6 (0.05%) of this fee will be charged by UniSat, and the remaining 5/6 (0.25%) will be charged by UniSat. All liquidity providers assigned to each trading pair. The fee structure is primarily based on the rate standards currently used by UniSwap.

3. Rats

The total number of rats is 1 trillion, which belongs to the zoo concept Meme leading token. There are 1 million in total, each with 1,000,000. Affected by the recent influx of track funds, the token's current transaction volume on the chain has surged, becoming the second largest transaction volume token on the BRC20 track chain.

4. Atom

Atom is the first protocol token on the Atomics protocol. Atom needs to be mined through the computer CPU, and the local environment must be installed and configured. Compared with mining BRC-20 tokens There are more technical thresholds and it is fairer to a certain extent.

At the bottom level, AtomicsProtocol has several important differences compared to Ordinals: Atomics is minted and spread based on BTC's UTXO, 1token=1sat, which is more consistent with Bitcoin technology; in comparison, Ordinals There is no currency issuance protocol itself, but when the Atomics protocol was launched, the ARC-20 token standard and more use cases had been defined.

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