BRC2.0 is officially live on Bitcoin mainnet.
Bitcoin L1 now has smart contracts, programmability, and 6-byte tickers. ⚡️
The road ahead is full of new products, features, and airdrops. Stay tuned! 🪂✨
This might be the craziest shit happening in the crypto space right now; @PoWH3D.
It is a fascinating *never-seen-before viral-organism*, disguised as a ponzi scheme. It lives on ethereum and feeds off human greed. Can't wait to see discussions it'll spark. Reading list 👇
I haven't read the book thus I feel rude to comment on it. Still, it feels like it amplifies "westerners know it all" complex.
Have you dipped your toes into Islam, Hinduism or Buddhism?
Similar arguments can be made for other religions as well.
BRC20 got very good attention in ETH Istanbul today. I've received so many good questions from many EVM devs & product teams. There is a genuine interest in the Bitcoin ecosystem.
Onboarding new builders to BRC2.0 is a big pleasure for me 🫡
Stage A: Future of Bitcoin DeFi & Metaprotocols 🎤
Moderated by @isabelfoxenduke, with @0xBinari, @abdelstark, and @hiroto_btc!
They explored how Bitcoin can power DeFi and metaprotocols from BRC20 to rollups and beyond.
*All* of the BRC20 tokens will become programmable.
There are no "migration" etc. Holders don't need to do anything.
BRC2.0 is backward compatible. It is an upgrade to the BRC20, after all.
Miners understand the immense value BRC20 brings to the Bitcoin ecosystem.
Creating new decentralized markets on Bitcoin that uses BTC as the main currency has been the dream from the beginning.
Many have forgotten this, but it is happening now with BRC20 and the 2.0 upgrade.
We took "no gas fees for end users" as a core design principle when designing BRC2.0
Indexers carry the computation cost instead.
Users only pay standard Bitcoin miner fee, basically for "notarizing" orders.
BiS AMM dont have an orderbook or listings. It has liquidty pools that users can add/remove LP and trade with.
You deposit once and can trade hundreds of times. Overall, trading cost is 100x lower than the poc orderbook model we shipped 2 months ago 👌🏼
But will the list fees be removed? I was trading some BRC2.0 and spend like 20$ just changing the price of my assets 🤯 this isn’t the adoption we see and makes 0 sense
Weekend food for thought:
BRC2.0 will be Ordinal Lockers aware.
This connects Ordinals <> BRC20 to each other.
Interoperability was the missing piece. Not anymore. 🧩