Tokenization & RWA on-chain adoption
Timeline of tokenized treasuries, funds and real-world assets, plus infrastructure and regulatory developments.
🚀 BRC-20 is also less efficient than ERC-20. Any mildly complex system built around BRC-20 heavily relies on caching. In contrast, ERC-20 is extremely efficient, cryptographically protected, and operates seamlessly on the blockchain
🛠️ Any DeFi ecosystem built around BRC-20 will need off-chain tools. This requirement brings in a level of centralization and potential vulnerability. On the other hand, with ERC-20, everything is fully stored and operated on the blockchain
🛠️ Any DeFi ecosystem built around BRC-20 will need off-chain tools. This requirement brings in a level of centralization and potential vulnerability. On the other hand, with ERC-20, everything is fully stored and operated on the blockchain
🚧 Contrary to popular belief, BRC-20 isn't fully on the Bitcoin blockchain. Yes, the text is stored as part of Taproot Bitcoin transactions, but Bitcoin isn't aware of BRC-20s. You need an external, off-chain tool to parse and calculate balances
🚧 Contrary to popular belief, BRC-20 isn't fully on the Bitcoin blockchain. Yes, the text is stored as part of Taproot Bitcoin transactions, but Bitcoin isn't aware of BRC-20s. You need an external, off-chain tool to parse and calculate balances
🪙 BRC-20 doesn't limit the minting of tokens. There is no way of knowing wether a token has been fully minted without parsing every “mint” text record. Conversely, ERC-20 ensures that only a predetermined amount of a token can exist, providing a more controlled ecosystem.
📝 With BRC-20, there are no numeric balances. Instead, you need to parse everything from the text. In contrast, ERC-20 gives each address an integer balance, simplifying and enforcing the proper handling of assets
🤔 It's crucial to understand what these tokens are. BRC-20 is essentially a piece of text, whereas ERC-20 is a computer program. BRC-20's capabilities are limited to inscription on the blockchain. ERC-20, on the other hand, allows encoding of any execution logic
🪙 BRC-20 doesn't limit the minting of tokens. There is no way of knowing wether a token has been fully minted without parsing every “mint” text record. Conversely, ERC-20 ensures that only a predetermined amount of a token can exist, providing a more controlled ecosystem.
📝 With BRC-20, there are no numeric balances. Instead, you need to parse everything from the text. In contrast, ERC-20 gives each address an integer balance, simplifying and enforcing the proper handling of assets
🤔 It's crucial to understand what these tokens are. BRC-20 is essentially a piece of text, whereas ERC-20 is a computer program. BRC-20's capabilities are limited to inscription on the blockchain. ERC-20, on the other hand, allows encoding of any execution logic
🚀 Debunking a common misconception in the Crypto world: BRC-20 superiority over ERC-20
If you've heard BRC-20 is better, let's dive into some facts that might make you rethink that claim
🚀 Debunking a common misconception in the Crypto world: BRC-20 superiority over ERC-20
If you've heard BRC-20 is better, let's dive into some facts that might make you rethink that claim
🔑 The power of Ordinal Theory: Collecting, trading, and scheming!🤝 By assigning identities to satoshis, they become individually trackable and tradable for numismatic value. Plus, it enables inscriptions: a protocol to attach content to satoshis! 🎨🔐
🛠 Does Ordinal Theory require a side chain, separate token, or changes to Bitcoin? NO! It works right now with only bitcoin as the token, making it a seamless addition to the ecosystem.🌱🔄
🛠 Does Ordinal Theory require a side chain, separate token, or changes to Bitcoin? NO! It works right now with only bitcoin as the token, making it a seamless addition to the ecosystem.🌱🔄
🤔 What is Ordinal Theory? It's a protocol for assigning serial numbers to satoshis, the smallest unit of a bitcoin, and tracking their transactions. Imagine giving each satoshi a unique identity, like a collectible item! 💎🔗
🚀 The Bitcoin Ordinal Protocol Explained: an innovation which allows for tracking, trading, and collecting digital assets on the Bitcoin network!
⚡️Powers BRC20 & SBC20
💥 Let's dive into this fascinating protocol and explore its significance Blockchain Crypto
(a thread 🧵)
