Bitcoin Ecological Daily (9.11) | CAT20 starts the "Three Kingdoms War", FB breaks through $34 and sets a new record high
Cat Protocol's first token, cat, is applicable to the first-layer mainnet and Fractal, and includes two token standards, CAT20 and CAT721. Currently, other teams are dissatisfied with this, and all claim that they are the real ones.
Original source: Xverse Chinese
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Daily BTC Ecosystem News Explosion - Thanks to Ordinals World @OrdzWorld for providing wonderful content!
● CAT20 "Three Kingdoms"
● Gate will open $FB deposit and withdrawal Swap
● $FB breaks through $23 (FB has broken through $34 as of press time, setting a new record)
Ordinals inscription section:
● Cat Protocol @ProtocolCAT The first token cat, applicable to the first layer mainnet and Fractal, includes 2 token standards CAT20 and CAT721. Currently, Danny from the opnet team and Rijndael from the quantum cat team are dissatisfied with this, and both say that they are the real bosses. What do you think?
● The Great Wizard Team @udiWertheimer @rot13maxi released the CATNIP concept, a CAT token protocol based on Bitcoin.
——The current BRC-20 and Runes protocols are incompatible with the Bitcoin network, resulting in poor user experience, such as the need to split UTXO, the inability to partially purchase tokens, and the lack of AMM.
——CATNIP solves these problems through OP_CAT, allowing Bitcoin miners and nodes to enforce token rules and truly realize Bitcoin native tokens. It supports partial transactions, bidding orders, and will support on-chain and off-chain AMMs.
——CATNIP is still under development and will be released after OP_CAT goes online. It is expected to be used in scenarios such as stablecoins.
● 【Ord My God】Tonight at 9:45 space will talk about Cat20, Fractal, Rocktoshi incident, Alpha, etc. by @dominik_btc, @lilyanna_btc, @OrdzWorld, @CoethCo
● If you want your digital artwork to be stored permanently and securely, your best option is to write it to the Bitcoin blockchain using the Ordinals protocol.
Runes Section:
● ord io intern: “Breaking: You can now view your rune balance and activity on Ord io”. The comment section is hilarious 2333
BRC20 Section:
● BRC20 popular token chain statistics, the total market value of the top 25 is 1.8 B. Top 25 24-hour circulation 676.4K.
ARC20 Section:
● OKX @okxweb3 web version supports Atomicals #ARC20, buy now!
BTC L2/Staking/Sidechain Section:
● Gate @gate_io will open $FB deposit and withdrawal, time to be determined.
● Fractal @fractal_bitcoin team and Fractal Bitcoin Builder Huddle meetup in Singapore on 9.19.
● Unisat @unisat_wallet said that it would reduce the number of unknown tags for mining pools and encourage mining pools to add to the list to show that customers and the community can recognize the contribution of the mining pool to protecting the Fractal network.
● Last night Merlin @MerlinLayer2 @BitmapTech simplified version summary, discussing multiple topics, mainly around the fluctuations of the Bitcoin ecosystem, the Bitmap and Merlin projects, and the perspectives of project owners and market makers.
——Bitcoin Ecosystem Fluctuations The ecosystem has experienced several ups and downs, especially the Ordinals project. Currently, many assets have shrunk significantly, with a drop of up to 80%-90%. Market sentiment is severely divided. Some people are overly optimistic about BTCFi, but most retail investors are pessimistic about inscription rune assets, believing that the market has no liquidity.
——Bitmap Metaverse The development focus is on building an economic system, not just providing a visual experience. The Bitmap Game project will realize asset operation and value creation in the virtual world through land leasing and other economic functions, emphasizing the economics of long-term construction.
——Project Technology Progress Merlin plans to advance the technical development of Layer2, focusing on promoting the liquidity of BTCfi and inscription rune assets. At the same time, the team emphasizes the real progress of the project, rather than over-marketing unrealized technology.
● Bitmap Game @BitmapTech ranked first in the "Game" category of @DefiLlama.
Other/Early/Airdrop Section:
● How to use OKX @okxchinese wallet to participate in the fractal network. OKX last airdropped FB, and it may also be a golden shovel in the future. by @Mercy_okx
BTC Event/Data Section:
● ETF Tuesday, September 10 Net inflow of $75.9 million. Total cumulative inflow of $20.493 billion.
9/11 Market Price Change Section:
● Ordinals Collection
@OrdinalMaxiBiz: 0.162BTC
@lepuppeteerfou: 0.088BTC
@ninjalerts: 0.14BTC
@nodemonkes: 0.124BTC
@QuantumCatsXYZ: 0.248BTC
@BitcoinFrogs: 0.034BTC
@blockamoto: 0.00056BTC
@goosinals: 0.0045BTC
● BRC20 Inscription
$ORDI: $29.3
$ETHS: $0.94
$SATS: $0.0000003
$RATS: $0.000103
$PIZZA: $3.8
Up 3% from yesterday, total market value of 1.72 billion
● ARC20 Atom
$ATOM: $0.88
$QUARK: $0.00126
$SOPHON: $0.001
$ELECTRON: $0.0037
$INFINITY: $0.001
Down 9% from yesterday, total market value of 4500 Ten thousand
● Runes
$DOG: $0.00026
$RSIC: $0.0032
$PUPS: $0.027
$BDC: $0.0097
$LOBO: $0.0006
Up 2% from yesterday, with a total market value of 672 million
● L2 Layer 2
$MERL: $0.233
No change from yesterday, with a total market value of 84 million
OW @OrdzWorld organizes the latest and key information of the BTC ecosystem every day. The Ordinals World (OW) team is based in Singapore and has made strategic layouts in multiple Web3 fields, focusing on the BTC ecosystem as well as L2, Defi, Gamefi, AI, Metaverse and other fields.
Xverse is the preferred wallet for the Bitcoin ecosystem, providing a smooth asset management experience and supporting assets such as Runes/Ordinals/BRC20/Rare Satoshi/STX. @Xverse_CN
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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