php editor Apple will analyze the relationship and difference between SATS currency and ORDI currency for you. SATS coins and ORDI coins are both digital currencies, but they have differences in issuance mechanisms, usage scenarios and technical features. SATS coin is a cryptocurrency based on blockchain technology, mainly used for payment and value storage. The ORDI coin is a digital asset mainly used for transactions and incentives in the field of blockchain technology. In addition, SATS currency has the characteristics of fixed total amount and decentralized issuance, while ORDI currency adopts regular release and centralized issuance. To sum up, although SATS coins and ORDI coins are both digital currencies, there are obvious differences in their issuance mechanisms and usage scenarios.
SATS coin and ORDI coin are both the leading coins of BRC-20, which are improvements launched based on Ordinals version agreement. This protocol implements the deployment, minting and transfer of tokens by writing the token name, total amount and other information into Satoshi in a standardized JSON format. The first token of the BRC-20 protocol is Ordi. This concept caused a stir twice this year, once in May-June and again recently in October-November.
SATS is the ninth inscription token based on the Brc-20 protocol. Its full name is satoshis. It is the smallest unit in Bitcoin. It is usually referred to as Satoshi and is also known as Bitcoin Satoshi. In the Bitcoin system, 1 BTC (Bitcoin) is equal to 100 million satoshis. The total issuance of SATS is 2100 trillion, equivalent to 21 million BTC. In November, SATS attracted market attention, and its total market value even exceeded ORDI for a time, becoming the most popular token with cultural symbols. In addition, with the emergence of a series of good news such as unisat supporting sats as a gas fee on L2, Sats has now become the highest market capitalization token second only to ORDI.
ORDI, as the first such token deployed by the anonymous founder Domo, naturally conforms to the law of first-time effect in the circle and has become one of the benchmarks in the inscription track. After the Bitcoin inscription market was silent for more than half a year, public investment enthusiasm has returned to this field again. As the leader, ORDI has also been widely used in this process. ORDI has been one of the largest tokens on the BRC20 market, according to CoinMarketCap.
BRC20 Inscription has a good future. As the "classic protocol" ERC-20 that benchmarks Ethereum, BRC-20's operating scope and derivative ecology will also refer to ERC-20. However, compared to ERC-20, the BRC-20 protocol is grafted into the Bitcoin community, which gives it a wider operating space and communication position.
With the fairness of community casting methods and the continuous upgrading of the BRC-20 protocol, the value of the track is gradually released. More and more institutions and exchanges are beginning to connect, expand and apply its value.
Overall, this experimental standard for on-chain minted coins is able to mint inscriptions on every satoshi through the Ordinals protocol. This protocol ensures fairness and high security of issuance. Therefore, inscriptions naturally have the MEME attribute of self-propagation.
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