W o r l d . C r y p t o . G l o b a l

Loading

Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.

Contact Info

CATEGORY: bitcoin blockchain


Runes TXs on Bitcoin tank over 88% in June

Author: Cointelegraph by Brayden Lindrea
United States
Jul 01, 2024 12:00

Runes TXs on Bitcoin tank over 88% in June

Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the past six days, a significant decrease from the record high of 884 Bitcoin on April 24.

Bitcoin transaction value hits yearly high with $25B moved

Author: Cointelegraph by Ezra Reguerra
United States
Jun 04, 2024 12:00

Bitcoin transaction value hits yearly high with $25B moved

Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.

Mar 05, 2024 05:55

Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop

During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a [...]

The post Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop appeared first on Crypto Breaking News.

Bitcoin surpasses Solana to become second most popular NFT blockchain

Author: Cointelegraph By Nivesh Rustgi
United States
May 24, 2023 12:00

Bitcoin surpasses Solana to become second most popular NFT blockchain

Bitcoin’s NFT market is growing, but it is primarily driven by newfound hype for memecoin trading on the blockchain.

Jun 21, 2023 10:30

Ordinal Inscriptions Surge Past 13 Million Amid Game-Changing Recursive Inscription Upgrade

On June 20, 2023, around 9 p.m. Eastern Time, the tally of Ordinal inscriptions minted on the Bitcoin blockchain surged past 13 million. A mere five days had elapsed since the 12 million milestone was reached, indicating a persistent demand for these inscriptions that shows no signs of diminishing. Moreover, there has been a recent [...]

The post Ordinal Inscriptions Surge Past 13 Million Amid Game-Changing Recursive Inscription Upgrade  appeared first on Crypto Breaking News.

Trust machines raises $150M to boost Bitcoin’s presence in DeFi

Author: Aishwarya shashikumar
Estonia
Feb 04, 2022 07:25

Trust machines raises $150M to boost Bitcoin’s presence in DeFi

Trust Machines- launched by Muneeb Ali, Stacks founder and Professor JP Singh of Princeton University- has acquired $150 million to develop Bitcoin from only being a static value to being the ultimate resolution layer for a new processing podium. This establishment will also allow and develop the new economy of applications supported by Bitcoin (BTC) […]

Feb 05, 2024 12:05

How To Mint BRC-20 Tokens On The Bitcoin Network

BRC-20 tokens open doors for developers to build their own decentralized applications (dApps) with unique economies on the Bitcoin network. This fosters community engagement through internal currencies, and attracting investment through innovative token sale structures. BRC-20 tokens are fungible tokens built on the Bitcoin network using the Ordinals protocol. It also utilizes inscriptions containing JSON (JavaScript Object Notation) data to facilitate the deployment of token contracts, minting tokens, and transferring tokens. Presently, the BRC-20 token standard offers the ability to create a BRC-20 token using the deploy function, mint a specified quantity of BRC-20 tokens using the mint function, and transfer a designated amount of BRC-20 tokens through the transfer function. BRC-20 and ERC-20 share some similar characteristics and functional concepts, but they are not identical due to their different underlying blockchains and implementation details. One of the differences is that BRC-20 tokens operate on the Bitcoin blockchain, while ERC-20 tokens reside on the Ethereum blockchain. This leads to differences in technical implementations and transaction fees. Related Reading: How To Buy And Trade BRC-20 Tokens On The Bitcoin Network Similar to ERC-20 tokens, BRC-20 tokens are fungible, meaning they can be exchanged on a one-to-one basis with equal value. They can be created, transferred, and traded on the Bitcoin network using decentralized marketplaces like Magic Eden with compatible wallets and decentralized exchanges that support the BRC-20 standard. BRC-20 tokens breathe vitality into the Bitcoin network, acting as programmable extensions that expand the scope beyond basic transfers. They empower the Bitcoin network by enabling the development of DApps, fostering communities, and facilitating ownership of real-world assets. This dynamic frontier presents exciting opportunities for engagement, incentives, and innovation.  However, it is essential to navigate the technical intricacies and embrace the evolving infrastructure. BRC-20 tokens, still a work in progress, possess tremendous potential to reshape the future of Bitcoin, unveiling a multitude of tokenized possibilities along the way. Now, let’s dive into the exciting world of building your own BRC-20 tokens! As we discussed, platforms like Magic Eden offer a gateway to creating and trading these digital assets. Creating BRC-20 Tokens On The Bitcoin Network Creating BRC-20 tokens involves defining the token’s parameters, such as its name, symbol, and total supply, as well as any additional functionality you want to incorporate, such as token burning or minting restrictions. Once the smart contract is written, it needs to be compiled into bytecode and deployed onto the Bitcoin blockchain using the platform’s provided tools. This deployment process usually involves paying gas fees to execute the necessary transactions. Platforms like Magic Eden enable users to create their own BRC-20 Tokens. Related Reading: Bitcoin Spot ETFs Approved After 14 Years- The Journey So Far First, visit the Magic Eden homepage, and click on Connect Wallet at the top right corner, as shown in the image below: For the best wallets to use for BRC-20 tokens on the Bitcoin network, check here. To initiate the creation of your BRC-20 token, it is essential to deploy it first. Adhere to the following instructions to proceed: Next, click on the Inscribe button. (The Inscribe button pops up after you click on the Mint icon situated towards the top left of the screen). Next, Click on the “BRC-20 ” tab at the top of the screen. Then, follow these instructions:   Ticker: Select a four-letter phrase to serve as the unique identifier for your token. For instance, widely recognized BRC-20 tokens have utilized tickers like ORDI or OXBT. Establish the maximum quantity of tokens that will be available for minting. Specify the highest number of tokens that can be minted in a single transaction. Select the desired parameters and click on “Next”. Choose the desired Bitcoin Network Fee from the options available, such as Low, Medium, or High. After making your selection, proceed by clicking the “Inscribe” button. (Ensure that the chosen ticker is not already deployed to avoid transaction failure. Magic Eden will automatically check this unless instructed otherwise). Related Reading: What Are The Top 8 DeFi And Web3 Wallets To Use In Crypto? Now, wait for the transaction to be confirmed by the Bitcoin network. Confirmation times may vary.After the confirmation, check your wallet. Upon successful confirmation, you will receive a “Deploy” inscription, signifying that you can proceed to mint your tokens. The provided example illustrates a “Deploy” inscription within the Xverse wallet. Minting Your BRC-20 Token Having successfully deployed your BRC20 token, follow these instructions to mint it. Navigate back to the ‘Inscribe Ordinals’ modal located on the Magic Eden homepage. Within the modal, click on the BRC-20 Mint  tab to proceed. Enter the four-letter phrase that you deployed earlier, indicate the desired quantity of tokens you intend to mint, and specify the number of mint inscriptions you wish to generate. Related Reading: How To Create And Mint Your Own NFTs On The Ethereum Network Note: The maximum number you can mint per transaction has to be the same with the value set in the Limit per mint during the deploy process. Now, click on the Next button and select the network fee. After selecting the desired fee rate, click the Inscribe button. In the following example, 63 BRC-20 tokens are being minted in three batches of 21 each. A set of mint transaction links will be provided. Please note that confirming the mint transactions once again may take some time. After confirmation, you will receive the mint inscriptions in your connected wallet. Congratulations, you have successfully created your first BRC-20 Token! Conclusion BRC-20 tokens offer fungible tokenization capabilities within the Bitcoin network, enabling a range of applications and use cases. As the blockchain industry progresses, both NFTs and BRC-20 tokens assume crucial roles in shaping the trajectory of digital ownership and decentralized finance (DeFi). Related Reading: Learn How To Trade Bitcoin BRC-20 tokens introduce fungible tokenization capabilities within the Bitcoin network, providing the ability to create and exchange interchangeable tokens. This opens up a wide array of possibilities for various applications and use cases within the blockchain industry. As the blockchain ecosystem continues to advance, both NFTs and BRC-20 tokens play pivotal roles in shaping the direction of digital ownership and decentralized finance, driving innovation, and paving the way for a more inclusive and decentralized financial landscape.

Feb 17, 2024 05:50

New Study Unveils the Total Cost to Attack Bitcoin and Ethereum

A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging previous assumptions about blockchain vulnerability. Unveiling the Cost of Compromise: [...]

The post New Study Unveils the Total Cost to Attack Bitcoin and Ethereum appeared first on Crypto Breaking News.

Jun 18, 2023 10:30

Bitcoin Records Over 12 Million Ordinal Inscriptions, Miners Accumulate $46 Million as BRC20 Market Cap Declines

As of June 18, the latest figures reveal over 12.49 million Ordinal inscriptions have been recorded on the Bitcoin blockchain. The inscription trend has yielded substantial gains for bitcoin miners, who have accumulated 1,732 BTC equivalent to $46 million using today’s exchange rates. However, the BRC20 economy, experiencing a significant decline in value, has suffered [...]

The post Bitcoin Records Over 12 Million Ordinal Inscriptions, Miners Accumulate $46 Million as BRC20 Market Cap Declines appeared first on Crypto Breaking News.

May 12, 2023 10:30

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days

Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin blockchain, the recently [...]

The post BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days appeared first on Crypto Breaking News.

May 10, 2023 11:05

Don’t Miss Out on the Next Million-Dollar Meme coin: The Rise of BRC-20 Tokens on Bitcoin

While some members of the Bitcoin community have embraced BRC-20 tokens, others see them as contrary to Satoshi Nakamoto's vision.

Jul 05, 2023 05:50

New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions

While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced the BRC69 token standard, insists that the “brilliance [...]

The post New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions appeared first on Crypto Breaking News.

Your Crypto Gateway

Claim 1,000
Free WCG Coins

World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.

11 bn

FREE CRYPTO COINS

8.9 bn

AVAILABLE FOR RESERVATION

2.1 bn+

ALREADY ALLOCATED

× WCG Coin

🎉 Get 1,000 WCG Coins

No fees. No catch. Your crypto journey starts here.