A new protocol called BRC-30 has been proposed!๐ฅ It's an extension of the BRC-20 token standard that adds staking functionality to the Bitcoin blockchain. It's like BRC-20, but with superpowers!๐ช๐ฎ๐ฅ Here's a quick summary! #BRC30
2/๐กWith BRC-30, you can stake your BRC-20 tokens or Bitcoin and receive BRC-30 tokens as a reward. ๐ Itโs like putting your digital assets to work and getting paid for it!๐ผ๐ #BRC30#Bitcoin#Staking
3/๐ฏThe motive behind BRC-30 is simple - we want token holders to do more with their tokens and be rewarded for it! ๐ Itโs all about fostering greater participation and creating a stronger bond within the ecosystem. ๐ค๐ #BRC30#Bitcoin
4/๐จโ๐ปBRC-30 protocol is open-source and available for all developers to build upon. ๐ ๏ธ It's not just a proposal; it's a stepping stone for a stronger, more interconnected blockchain future.๐๐ #BRC30#OpenSource#Developmen
5/๐Let's get into some technicalities. BRC-30 enables staking activities like depositing, minting, and withdrawing. ๐ Users can also claim their mining rewards anytime they want. It's all about freedom and flexibility! ๐บ๐ #BRC30#Bitcoin#TechTalk
6/๐Security is our top priority. ๐ก๏ธ BRC-30 increases the potential attack surface, so it will undergo a thorough security audit to ensure maximum safety. Because we care about your digital assets as much as you do! ๐๐ #BRC30#Bitcoin#Security
7/๐ผIn conclusion, BRC-30 is an exciting new protocol that brings staking to the Bitcoin blockchain. It's a big leap forward in terms of what BRC-20 tokens can do! Let's revolutionize the Bitcoin ecosystem together! ๐๐ #BRC30#Bitcoin#Revolution
That's a wrap!
1. Follow me @OrdinalLabs 2. RT the tweet below to share this thread with your audience
1/ ๐ต๏ธโโ๏ธ Let's take a deep dive into OHMS, a revolutionary BRC-20 project built on the Bitcoin! ๐๐ #OHMS#BRC20#Crypto
2/ ๐ก OHMS serves as the hub for discussions about the latest trends in crypto, powered by state-of-the-art AI technology. It's your gateway to understanding the crypto space better! ๐ง ๐
3/ ๐ฐ By joining the $OHMS community, you gain access to a wealth of resources that can help you make informed decisions and stay ahead of the curve in the fast-paced world of crypto. ๐ผ๐ก
1/15 ๐๐ก Introducing the Generative BRC-721 standard for the #Bitcoin ordinals ecosystem! From here on, let's refer to it as GBRC-721. This proposal optimizes block space usage, making room for more creators and fuelling #blockchain innovation. ๐ฉโ๐๐๐ป
2/15 ๐ ๏ธ The magic of GBRC-721 lies in a "deploy" operation, which creates a Generative collection. Unique traits are stored on-chain, setting the stage for Non-Fungible Ordinals! ๐งฉ๐ซ #Ordinals#BTC
3/15 ๐ฒ Using a "mint" operation, we then generate the Non-Fungible Ordinals. These reference the traits from the deploy operation - a process that cuts GBRC-721 block space usage by 50-90%! โ๏ธ๐ #Ordinals#BRC20
Some promising stats this morning, volume was up to its highest in a week yesterday, with @MEonBTC leading the charge! ๐ฆพ
Transactions by Marketplace also hit a ATH, with @MEonBTC releasing some notable drops in the last couple of days, like @BitcoinBearsOrd and renewed interest in @OrdinalMaxiBiz as they prepare for a second series.
๐ Oshi Finance has emerged as a project aiming to revolutionize decentralized finance (DeFi) on the Bitcoin blockchain. Let's dive into the details! #OshiFinance#DeFi
๐ $Oshi Token: Oshi Finance introduces the $Oshi token as a governance tool. Holders can actively participate in shaping the ecosystem, ensuring transparent decision-making and fair governance. It aims to empower the community and bring a sense of inclusivity to the platform.
This is going to be the umbrella for all the teams projects with the ecosystem.
I think they were way ahead of curve, one of the most fascinating areas is on-chain AI and Data Sets which is pushing the boundaries of AI on-chain Art and what's possible on Bitcoin.
Find their AI center here, it will blow your mind; generative.xyz/ai
๐งต1/10 Interested in #Bitcoin transactions but not sure how they work? I've got you covered!
๐ฐ Let's dive into the details of Bitcoin transactions, resources for further reading, and tips to make the most of your Bitcoin experience. #bitcoin
๐2/10 First things first, what is a Bitcoin transaction? It's the transfer of value between Bitcoin wallets, which gets recorded on the blockchain.
Learn more about the basics in this Bitcoin whitepaper by Satoshi Nakamoto: bitcoin.org/bitcoin.pdf
๐3/10 Each wallet has a private key, which is used to sign transactions, proving they come from the owner. The signature prevents the transaction from being altered after it's issued.