#Nubit Releases Bitcoin Unified Asset Protocol#

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Overview

Nubit recently released a unified Bitcoin asset protocol called "Goldinals," aiming to address the lack of interoperability between existing Bitcoin asset protocols (such as BRC-20, Runes, Ordinals, etc.), which leads to fragmented liquidity and security risks. Goldinals provides a unified Bitcoin asset standard, offering backward compatibility with existing protocols and supporting more efficient asset creation, management, and interaction functionalities. It is considered a significant step towards the Bitcoin ecosystem's advancement into the asset programming domain (BitVM). The protocol was proposed by Domo, the founder of the first token ($ORDI) on the Ordinals protocol, and technically implemented by the Nubit team.

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Analysis

Nubit's newly released Bitcoin unified asset protocol, Goldinals, aims to address the lack of interoperability between existing Bitcoin asset protocols (such as BRC-20, Runes, Ordinals, etc.), which leads to fragmented liquidity and security risks. Goldinals provides a unified Bitcoin asset standard, offering backward compatibility with existing protocols while supporting more efficient asset creation, management, and interaction functionalities. It represents a significant step towards the Bitcoin ecosystem's advancement into the realm of asset programming (BitVM). The concept of Goldinals was proposed by Domo, the founder of BRC20 and the first token of the Ordinals protocol ($ORDI), and its technical implementation was realized by the Nubit team. The launch of this protocol is expected to bring a new landscape to the Bitcoin ecosystem, enhancing its asset management and programmability, and facilitating its evolution towards more complex and powerful application scenarios.

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Classic Views

Goldinals protocol aims to introduce trustless asset management and programmability to the Bitcoin ecosystem.

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Goldinals protocol addresses the lack of interoperability between existing Bitcoin asset protocols (such as BRC-20, Runes, Ordinals, etc.), leading to fragmented liquidity and security risks.

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Goldinals provides a unified Bitcoin asset standard, ensuring backward compatibility with existing protocols while supporting more efficient asset creation, management, and interaction features.

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Goldinals is a significant step towards the Bitcoin ecosystem's advancement into the realm of asset programming (BitVM).

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