What are the inscribed coins? What are the inscribed coins?-web3.0-php.cn

What are the inscribed coins?

Feb 28, 2024 pm 01:56 PM

BlockchainBitcoincryptocurrencyEthereumdigital currencyBlockchain technologyStablecoinusdtexchangeEthereummeme coininscribed coins

The inscribed coins include: 1. Bitcoin; 2. Ethereum; 3. Binance Coin; 4. Tether.

What are the inscribed coins?

Inscription coins are a specific token based on the Bitcoin blockchain. They utilize the inscription function of the Bitcoin blockchain to allow users to convert various A kind of data is attached to the smallest unit of Bitcoin "sats", such as pictures, text, music, videos, etc.

The following are some examples of inscription coins:

Bitcoin (BTC): As the originator of blockchain technology, Bitcoin is the first decentralized digital currency. It is innovative and valuable and occupies the leading position in the BRC20 inscription section.
Ethereum (ETH): Ethereum is a blockchain platform with smart contract functions, and its token Ether (Ether) plays an important role in the BRC20 inscription sector.
Binance Coin (BNB): A token issued by the Binance exchange. It has a variety of functions, including paying handling fees, participating in voting, and participating in the Binance Launchpad. It ranks among the top ten in market value in the BRC20 inscription sector.
Tether (USDT): A stable currency whose value maintains a 1:1 anchor ratio with the US dollar. It is widely used in the cryptocurrency market and ranks among the top ten in market capitalization in the BRC20 inscription sector.

In addition, there are some inscription coins based on the BRC20 token standard, such as:

ORDI: A Bitcoin based on the BRC20 token standard that allows users to The information is attached to the smallest unit of Bitcoin, "sats".
SATS Stacks: A protocol built on the Bitcoin L2 platform. The native token is STX and has multiple uses such as staking, governance, ticket smart contracts, and value transfer.
ATOM: An ARC-20 standard token based on the Bitcoin blockchain and part of the Atomics protocol for creating, transferring, and updating NFTs.
PIZA: BRC20-based token, created in March 2023, is a meme coin with no intrinsic value or expected financial returns and is used for entertainment purposes.
BSV: The full name is Bitcoin Satoshi Vision, which is a cryptocurrency based on Bitcoin and aims to maintain the original vision of Bitcoin.

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