Discover and read the best of Twitter Threads about #ordinaldaily
Most recents (5)
🟠 ORC-20, BRC-20, and DRC-20 are three popular token standards in the #Bitcoin space.
💫 Although they serve the same purpose of creation, they differ in various aspects.
Let's take a look 👇
#BRC20 #ORC20 #DRC20 #OrdinalDaily
💫 Although they serve the same purpose of creation, they differ in various aspects.
Let's take a look 👇
#BRC20 #ORC20 #DRC20 #OrdinalDaily
1/ BRC-20 is one of the most promising token standards that garnered the love of developers due to its incredible features. 🧡
However, the current BRC-20 token standard has a bunch of inherent limitations, prompting the development of ORC-20. 👀
However, the current BRC-20 token standard has a bunch of inherent limitations, prompting the development of ORC-20. 👀
2/ ORC-20 is created to address the drawbacks such as anti-double-spending methods, naming issues, security, scalability issues.✨
Unlike BRC-20, ORC-20 is experimental. Thus, while ORC-20 tokens hold promise, their value and utility remain uncertain.🙄
Unlike BRC-20, ORC-20 is experimental. Thus, while ORC-20 tokens hold promise, their value and utility remain uncertain.🙄
🔥 Discover the diversity of #Bitcoin address types 👀
🚀 What type of #Bitcoin address should I use? How can I identify the different address types?
Let's explore! 👇
#BRC20 #Ordinals #OrdinalDaily
🚀 What type of #Bitcoin address should I use? How can I identify the different address types?
Let's explore! 👇
#BRC20 #Ordinals #OrdinalDaily
1/ Legacy addresses (P2PKH)
Legacy addresses formed by hashing the public key to the private key. 💫
They were popular in Bitcoin's early days but are now costly due to larger transaction sizes. ⚡️
👉 It's only necessary if you have an incompatible old wallet.
Legacy addresses formed by hashing the public key to the private key. 💫
They were popular in Bitcoin's early days but are now costly due to larger transaction sizes. ⚡️
👉 It's only necessary if you have an incompatible old wallet.
2/ Pay to Script Hash (P2SH)
P2SH addresses involve a script with hidden spending conditions. ✨
Unlike legacy addresses, they are not derived from the public key hash. ⚡️
P2SH addresses provide flexibility, support SegWit, and help save on transaction fees. 🚀
P2SH addresses involve a script with hidden spending conditions. ✨
Unlike legacy addresses, they are not derived from the public key hash. ⚡️
P2SH addresses provide flexibility, support SegWit, and help save on transaction fees. 🚀
🔥 EXCITING NEWS 🔥
🟠 @okx proposes BRC-30, a new protocol based on BRC-20
🟠 What is BRC-30 and what does it do? 👀
Continue reading below 👇
#BRC30 #BRC20 #Ordinals #OrdinalDaily
🟠 @okx proposes BRC-30, a new protocol based on BRC-20
🟠 What is BRC-30 and what does it do? 👀
Continue reading below 👇
#BRC30 #BRC20 #Ordinals #OrdinalDaily
🟠 BRC-721 is revolutionizing the space on #Bitcoin by bringing a new token standard and enabling conversion of ETH-721 NFTs to #Ordinals.
🚀 It's a game-changer! But how does it work, and why should you care?
Let me break it down for you. 👇🧵
#BRC721 #Bitcoin #OrdinalDaily
🚀 It's a game-changer! But how does it work, and why should you care?
Let me break it down for you. 👇🧵
#BRC721 #Bitcoin #OrdinalDaily
1/ #BRC721 is a new protocol for #Bitcoin that aims to bring Ethereum-like NFT features to #Ordinals.
#BRC721 is deployed on #Bitcoin using Solidity smart contracts and powered by Trustless.
It allows the creation of NFTs with over 100 artists and projects already published.🔥
#BRC721 is deployed on #Bitcoin using Solidity smart contracts and powered by Trustless.
It allows the creation of NFTs with over 100 artists and projects already published.🔥
2/ Here's how you can get started:
🔸 Head over to trustlessnfts.com
🔸 Connect your wallet
🔸 Click on "Create BRC-721"
🔸 Enter the collection name, add your images, and submit on-chain.
🔸 Head over to trustlessnfts.com
🔸 Connect your wallet
🔸 Click on "Create BRC-721"
🔸 Enter the collection name, add your images, and submit on-chain.
