⚡️Update: Atomicals #ARC20 Split Token Technique. We share with you today our plan for an #ARC20 protocol update in the near future to allow the transfer of token quantities less than the 546 satoshi dust limit. As many of you know the native BTC protocol restricts the minimum transfer size to 546 Satoshis to prevent so-called "spam attacks" on the Bitcoin blockchain. Since #ARC20 is a pure colored coin solution, the dust limit necessarily affects the token transfers as well and makes it not feasible to transfer quantities of tokens in amounts less than the 546 unit dust limit. After careful consideration and feedback from the community, it seems the most elegant technical solution is to allow a partial coloring of UTXOs, not exceeding the total units in a UTXO. This respects the 1 token >= 1 Satoshi invariant. The power of #ARC20 Satoshi backed coins is that each token is backed by at least 1 Satoshi, and that will never change. The ability to partially color UTXOs has 3 major advantages, we describe them here. 1. Ability to send minimum 1 token unit will be possible. A single token unit can be inside of a UTXO of at least 546 and easily transferred around. This has been the primary concern of the community about the protocol and this will be addressed elegantly. Any token amount can be inside a UTXO as long as it is strictly less than or equal to the total Satoshis in the UTXO. 2. Accidental burning of tokens will be significantly minimized. By enabling partial coloring, the excess tokens can overflow into the next available UTXO, capturing any potentially burned tokens and increasing reliability for recovering assets due to wallet or user errors. 3. Atomicals Virtual Machine (AVM) swaps and features. As we have stated before we are building the #avm and along with that is the opportunity to solidify the protocol. During development of the AVM it has become clear that having partial coloring will greatly improve the flexiblity of smart contracts and also increase reliability by preventing accidental token burns during contract deposit and withdraws. Our vision is a complete on-chain smart contract paradigm that completely and elegantly integrates #ARC20 - it is nothing like any "L2" Bitcoin solution out there. We have an opportunity to truly win. The timeline for this is on the order of several weeks, and it will coincide with the release of #avm. In the coming days and weeks there will be development effort from intelligent and committed open source developers to create a beta build for us to experiment with and take our time to integrate at a steady pace, to ensure the industry has time to sufficiently test and achieve consensus. We truly commend the efforts of other developers such as @isyiming for alternative Atomicals node implementations and we will team up to provide a beta node implementation to implement the partial coloring for ElectrumX and their open source nodes. x.com/isyiming/statu… We are excited to tackle this problem and narrow in on the simplest solution that will increase confidence with wallets and end users while also enabling some truly magical smart contracts with #avm #Atomicals protocol still is and always will be backed by 1 token = 1 Satoshi (or more). We know it has been a long wait and in this space everything moves so fast it is easy to doubt. We will get there, thank you for your support belief in us! 🙏 #Bitcoin #Hyperbitcoinization #AtomicalsTheory #ARC20 #Realm
@atomicalsxyz 两个部分染色的arc20,可以把染色部分提取出来组合成完全染色的吗?如果可以我将称之为无敌。
@atomicalsxyz this will revolutionize Atomicals. Now i must say - ATOMICALS IS THE FUTURE #ARC20 $QUARK $ATOM
@atomicalsxyz @wardaddycapital thoughts on ARC20? Seems much better than BRC20.
@atomicalsxyz 部分染色有诸多好处,确实是最优雅的拆分方案,并且兼容 AVM。社区期待拆分太久了,如果 AVM 预计上线时间太长了,建议可以拆分先上线。
@atomicalsxyz Make Atomicals Great Again! t.me/AtomicalsProto…
@atomicalsxyz 很高兴看到atomicals协议也采用了不完全染色的技术方案来实现自由拆分,这让Atomicals协议更有力。btc生态必将繁荣起来。
@atomicalsxyz Good job to those who are making this possible. ⚛️⚛️