I am BitRay Ray.bit, a man who embodies the passion for Bitcoin and technical insights, X (Twitter): https://x.com/bitlaser_btc
The countdown to the mainnet launch of BRC 2.0 @bestinslotxyz is 7 days. Everyone, hurry to join the BRC 2.0 Chinese community TG ID: @BRC 2_0_CN, to co-build the BRC 2.0 ecosystem, seek the most promising Alpha, and ignite the entire Bitcoin DeFi Summer.
The BRC 2.0 ecosystem is clearly becoming richer, and this will be the first step towards the prosperity of BTCFi.
I have had multiple in-depth communications with the BRC 2.0 officials, who stated that applications will be the core foundation of BRC 2.0's development, and more energy will be devoted to developing infrastructure and supporting ecosystem developers. Perhaps everyone has already noticed that major applications of BRC 2.0 are eager to try, ready for the launch of BRC 2.0, which is different from previous DeFi protocols.
The issued tokens are also of higher quality, featuring complex economic models to promote ecosystem prosperity.
@bestinslotxyz@L 1 Fxyz@domodata@0 xBinari@realmtbman
1. Technical Breakthroughs of BRC 2.0
Core Upgrades of BRC 2.0
- Introduction of EVM smart contracts, supporting complex programmable functions.
- No need for multi-signatures, sequencers, or off-chain approvals, relying on Bitcoin's native proof-of-work mechanism to ensure security and decentralization.
- Use of 6-byte代 tickers for a smooth transition, with backward compatibility for existing #BRC 20 tokens $ORDI$SATS$RATS, etc.
Differences Between BRC 2.0 and BRC 20
- BRC 20 only supports token minting and transfers, lacking programmability.
- BRC 2.0 supports decentralized applications such as DeFi, DAO, RWA, etc.
2. Killer Applications of BRC 2.0
CoinCooker Launchpad @coincookercom By Best in Slot, Bitcoin Token Launchpad, suitable for DeFi, DAO, ICO, meme coins, and many other types of tokens.
BRC 2.0 Swap By #CatSwap @CatSwap_Fun, the decentralized AMM of BRC 2.0, is the liquidity infrastructure of BRC 2.0, providing ample liquidity for the entire ecosystem.
proBTC (WBTC) By proBTC @proBTC_org, the first native WBTC on BRC 2.0, allows users to safely, decentralized, and trustlessly exchange native BTC for proBTC on the BRC 2.0 protocol through the proBTC protocol.
AdderFi SocialFi By Adderrels @adderrels, the first Per-BRC 2.0 NFT, with a total of 3420, 2100 of which have been locked in Best in Slot @bestinslotxyz, reaching 61.4%. This impressive data fully demonstrates the expectations of NFT holders for staking rewards in Adderrels Token.
NFT Launchpad By Yuzo @yuzodotxyz, an AI-driven NFT Launchpad, can launch your own NFT in seconds, with the platform's NFT Yuna Revelation already released.
3. Empowering OG Tokens with BRC 2.0
The second phase of BRC 2.0 will empower #BRC 20 OG Tokens, at which point OG Tokens like $ORDI, $SATS, $RATS, etc., can add liquidity in BRC 2.0 Swap @CatSwap_Fun. Best in Slot Founder Binari @0 xBinari has publicly expressed the desire to make $ORDI a fee token for a certain application. CatSwap @CatSwap_Fun has also stated that the second phase of BRC 2.0 will launch the ORDI strategy, and it is believed that more applications will empower more OG Tokens after the arrival of the second phase.
4. Conclusion: The Prosperity of BRC 2.0 Applications is the Starting Point for BTCFi
The emergence of BRC 2.0 represents an important step for BTCFi. By introducing EVM smart contracts and powerful infrastructure, it enhances the programmability of the Bitcoin mainnet while providing developers with vast innovation space, and it is backward compatible with and empowers BRC 20 OG Tokens. With the emergence of applications like CoinCooker, CatSwap, proBTC, Adderrels, Yuzo, etc., BRC 2.0 is laying a solid foundation for the prosperity of BTCFi. In the future, with the arrival of the second phase and the landing of more applications, BRC 2.0 is expected to become the core driving force of the Bitcoin ecosystem, leading BTCFi into a new era of prosperity.
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