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CATEGORY: brc20 tokens

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 16, 2023 10:30

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than [...]

The post Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy appeared first on Crypto Breaking News.

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A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 11, 2023 01:20

A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between former Bitcoin developer Gavin Andresen and the network’s

The post A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen appeared first on BTC Ethereum Crypto Currency Blog.

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Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 07, 2023 10:30

Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days

Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built on Bitcoin Are Now Worth [...]

The post Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days appeared first on Crypto Breaking News.

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While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 03, 2023 10:30

While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days

During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly over the past 39 days, rising 1,511% from a total value of $29.48 million to [...]

The post While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days appeared first on Crypto Breaking News.

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Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 01, 2023 10:30

Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed

On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible BRC20 tokens, Ordinal inscription technology has ushered in a new naming standard called Sats Names, built on top [...]

The post Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed appeared first on Crypto Breaking News.

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