Original Title: "Understanding the ARC20 Thousand-fold Lane and Lightning Network Hundred-fold Lane"

Original Source: Encryption Vision

The Lightning Network for Bitcoin will be like Visa for currency. Previously, we introduced the BRC20 and ETHS tracks, which have already had a strong wealth effect. Today, we will introduce Atomicals (referred to as ARC20) and the Bitcoin Lightning Network project.

Concept of Atomicals

Atomicals Protocol is a simple and flexible protocol, a way of organizing the creation, transmission, and updating of digital objects - essentially a digital ownership chain defined by some simple rules.

The core is some key simple rules that need to be followed for coin casting, transmission, and update operations. The grand vision is to establish and protect the Bitcoin blockchain as the source of truth and digital sovereignty, and it aims to work in coordination with other protocols that have emerged, such as Nostr and Ordinals, each with its own unique advantages.

Five main functions and features:

1. Can create special types of atomic digital objects, called domains.

2. ARC20 token, decentralized minting factory.

3. Introduced GPU mineable tokens, showcasing proof of work and energy consumption, Bitwork mining.

4. Using recursion and references to create a hierarchical structure that includes atomic numeric objects.

5. Permanent File Storage

Reference link: https://docs.atomicals.xyz/permanent-file-storage

The first ARC20 token - $ATOM

$Atom token, the first token in the ecosystem, has a total supply of 21,000 units, with each unit containing 1,000 coins. The price of this token has increased from 1U during its initial release to nearly 1,000u per unit, creating a myth of a thousand-fold increase. Early adopters have profited from their participation, and the community is relatively united.

In addition, there are tokens such as $pepe, $realm, and $icals. Among them, $pepe is the second fully completed token, but the off-site atmosphere is generally not as active. $realm is a token with the same name as the concept of "realm" and is currently in DragonEx. The concept of "realm" is also a relatively innovative area and is a point that we are optimistic about.

Atomicals Protocol official Twitter account: @atomicalsxyz.

Trading Market: https://atomicalmarket.com/

Wallet: https://atomicalswallet.com/

Special Project - Realm.name (Domain)

This paragraph can refer to the relevant blogger: bro.tree@dchatplatypus.

The current market prices are: 2-letter floor is about 280U, 3-letter floor is about 15U, and there is still a portion of 3-mixed (letters + numbers) available for purchase. (The main domain cannot start with a number, so there is no such thing as 2D or 3D.)

Atomicals has proposed a new concept aimed at disrupting traditional domain names. Simply put, compared to regular domain names, the focus of regular domain names is on the suffix, such as ".eth". Realm registers the text of the prefix, and ultimately has the pricing power for all suffixes.

The domain is more like a door and a key. It can connect communities/organizations/groups and also become a door for the expansion of the entire BTC ecosystem, which can be applied to various aspects such as games, social, land, and badges. Specifically, in terms of basic functions, the domain can be used as a transfer and payment address (payment name); in terms of expanded usage, there are various usage scenarios such as building communities/DAO, identity verification (Pass card/OG card/participation certificate), social profile, privilege identification, asset distribution, etc., which fully conform to our development concept of DID.

The current trading volume is not high, and the floor price is relatively low because the application of the field has not really been fully deployed. Only by using the actual functions of the field can its value be reflected.

Other Ecological Projects

AtomPunks: Rare PUNK/Sub1k PUNK previously sold for around 1000U, while regular PUNKs sell for 10-20U. Nothing particularly innovative.

AtomicalsRekt: XCSS is the first original collection with a project team and has created the first collection container in the ecosystem. The first batch of collections is linked to the mining difficulty (bitwork commit) and has interesting gameplay. Currently, there are only 81 collections in the first batch, with a regular category transaction price of 150u and a rare category transaction price of 300u.

AtomMap: The popularity is good and the mechanism is very interesting. The mining difficulty of each xxxx.atommap must be set to abxxxx. This means that for every increase of 1 digit, the difficulty will double. Currently, there are still many 4D that can be mined. It takes about 11 hours to mine a 4D using a personal computer. There are transactions both inside and outside the market, with a reference price of 3D 90U and 4D 20U.

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