Alkanes Does Not Ask the Traveler, Time Will Not Let Down Those Who Work Hard

The Bitcoin ecosystem has been silent for nearly a year. Just when everyone was delivering takeout and singing songs, the Bitcoin ecosystem changed.

Starlight does not ask the traveler, time will not let down those who work hard. The Bitcoin ecosystem has been silent for nearly a year. Just when everyone was delivering takeout and singing songs, the Bitcoin ecosystem changed.

#Alkanes@oylwallet@judoflexchop @taggaOyl was like a god descending from the sky, attracting many eyes to the Bitcoin ecosystem. The leader that increased 10 times in one day: #METHANE is exciting, and it seems to have returned to 2023 when many Bitcoin ecosystem protocols flourished. This time, Alkanes fired the first shot in a new round of Bitcoin "protocol war". The Bitcoin ecosystem officially entered the 2.0 era from 1.0, and the protocol also entered the DeFi era from Token issuance. The three major narratives of the Bitcoin 2.0 ecosystem: OP_CAT, BRC2.0, and Runes2.0 are eager to try, and have all entered the infrastructure stage. The exciting drama of the Bitcoin ecosystem has begun.

Below are some new Bitcoin 2.0 protocols and old Bitcoin 1.0 protocols that I have compiled and are ready to go.

Bitcoin 2.0 is waiting for a new protocol

BRC2.0

The official upgraded version of BRC-20, led by Best in Slot@bestinslotxyz and supported by domo@domodata, introduces EVM, making all #BRC20 Tokens programmable. This major upgrade is regarded as a lifesaver by inscription players. Finally, we can participate in Signet DeFi, and we have returned to Signet to support BRC2.0. Now that BRC2.0 has been launched on Signet, everyone is eagerly looking forward to testing the application and landing on the mainnet as soon as possible.

OP_CAT

CAT20

sCrypt@scryptplatform was released on Fractal Bitcoin@fractal_bitcoin for experimentation. It attracted many Bitcoin ecosystem players when it was first launched. #CAT20 @ProtocolCAT is also the first protocol based on #OP_CAT. Now that the experiment has been successful, it has also landed on Signet and entered the Bitcoin mainnet. The protocol token $OPCAT has performed well, and we look forward to the follow-up.

CATNIP

The Bitcoin native token protocol based on OP_CAT released by Udi @udiWertheimer, founder of Quantum Cats @QuantumCatsXYZ & Taproot Wizards @TaprootWizards, aims to solve the poor user experience and liquidity problems of existing token protocols (such as BRC-20 and Runes). Both are solving liquidity problems, which shows the importance of liquidity. The launch time of CATNIP is currently unknown, but it is very worth looking forward to.

Goldinals

Nubit (Thunder Network) @nubit_org released it, known as the Qin Shi Huang Protocol, which aims to unify protocols such as inscriptions, runes, alkanes, etc., so that all Bitcoin assets can be unified in one without the need for a centralized indexer and run completely on the chain. It is currently in the internal testing stage, and invitation codes are generally not available. Friends who have experienced it can share their experience.

Runes2.0

Alkanes

The hottest newcomer introduced smart contracts into Bitcoin L1. The first Free Mint token #METHANE doubled in value every day. The community grew from nothing to an extremely powerful one in just a few days. This proves that the Bitcoin ecosystem is not unpopular, but is just undergoing a transformation. Alkanes is the first new generation protocol to be launched on the mainnet. From its performance, it is not difficult to see that the Bitcoin ecosystem will see a new round of flourishing protocols.

RSM

RSM (Runes State Machine) @RSM_Runes is a programmable Runes solution released by Mikael @MikaelBTC. It can also solve the liquidity problem of the Bitcoin ecosystem. It was released last year and is now preparing to land on Signet. Signet is really lively. Together with Alkanes, it has promoted the progress of Runes DeFi and is also expected by many people to be launched soon.

Bitcoin 1.0 old protocol

BRC-20

The Token Issuance Protocol, also the ancestor of the protocol, was released by domo@domodata, which instantly ignited the Bitcoin ecosystem and provided a paradigm for the subsequent explosion of protocols. Although the popularity declined and funds fled later, it is still remembered by people. Now, the strong return of BRC2.0 after the BRC-20 upgrade has once again ignited the enthusiasm of players, and they are looking forward to it.

Faucet: $ORDI

Highest market value: US$2 billion

Runes

Casey@rodarmor, founder of Ordinals, released a BRC-