Author: bit一

1: The ARC20 technology concept comes from colored coins:

1. Exploration of the application of colored coins in the big data ecosystem

Colored coins refer to a group of similar technologies that use the Bitcoin system to record the creation, ownership, and transfer of assets other than Bitcoin. They can be used to track digital assets as well as tangible assets held by third parties, and to conduct ownership transactions through colored coins.
Coloring refers to adding specific information to Bitcoin UTXO to distinguish it from other Bitcoin UTXOs, thus bringing heterogeneity to homogeneous Bitcoins. Through the color coin technology, the issued assets have many of the same characteristics as Bitcoin, including double-spending prevention, privacy, security, transparency and anti-censorship, ensuring the reliability of transactions.

Yoni Assia, CEO of eToro, first proposed colored coins in an article published on March 27, 2012. That is, people can color small amounts of BTC to represent other assets they hold, so that the BTC blockchain can support other wider applications. Colored coins have always been the dream of the old OGs in the cryptocurrency circle, but have been constrained by technical bottlenecks until the emergence of ARC20, which made the dream come true.
Arc20 is a colored coin model where registration information is engraved into the transaction script, the balance is represented by the number of sats of UTXO, and the transfer function is completely handled by the BTC mainnet.
The transfer calculation of Arc20 tokens is handled by the BTC network itself, without any off-chain ledgers, and only requires sending a transaction. Therefore, based on the performance of BTC L1, the transfer performance of ARC20 is twice that of BRC20.

2. The ARC20 colored coin model brings many benefits:

1. Greatly reduces the cost of index servers. Almost anyone can run them, and the system is highly decentralized.
2. The transfer is completely dependent on the BTC network and will not create junk transactions repeatedly. The security of Arc20 transfers is guaranteed by BTC.
3.ARC20’s atomicity is consistent with BTC’s atomicity, making it suitable for implementing many native applications.

3: Why QUARK?
2. QUARK’s value logic
QUARK is the most popular MEME coin in the ARC20 system. QUARK has a unique value core, which is the value injection of Bitcoin mining + time + energy + luck.
1. QUARK is a scarce project that needs to be mined with Bitcoin. After the project is mined, 100 Bitcoins are locked. Therefore, QUARK is a project that cannot return to zero because there is a locked Bitcoin as a value bottom. Mining with Bitcoin is very creative in itself, which makes QUARK noble in origin and has a high lower limit of decline.
2. QUARK has truly made the “mining” game accessible to the world, greatly decentralizing it. QUARK is also full of time and energy investment, laying the foundation for subsequent takeoff.

4. QUARK’s bottom value and upside potential
Buying QUARK is equivalent to always going long on BTC with leverage.
reason:
1. When Bitcoin rises, the market price of Quark, which uses Bitcoin as the pricing standard, will rise accordingly;
2. The price of the underlying value of Quark’s own Satoshi (100 BTC) has increased;
3. The overall valuation ceiling of the Bitcoin ecosystem has risen.

5. ARC20 Ecosystem Development:
1. Nearly 100 ARC20 project parties are in ecological development and application;
2. The PoW method provides a basis for the future global Bitcoin mining computing power;
3. Large institutions are struggling to develop and intervene (OKX and Binance Wallet’s development of the Bitcoin ecosystem: they only chose Atomicals in addition to Ordinals);
4. The development frequency is very high, and many developers maintain and update Github every day.
The development of the ARC20 ecosystem will surely promote the breakthrough of QUARK, the largest MEME of ARC20.

6. QUARK’s basic situation and future explosive points

QUARK basic information: The current market value of QUARK is 22.29 million US dollars, and the number of holders is 19,451. ORDI’s current market value is 800 million US dollars, and the number of holders is 21,400.
QUARK's breaking point:

1. The Atomicals Virtual Machine (AVM), which will be launched soon, will easily support the staking, lending, depositing, and splitting of ARC-20 assets.

2. Basic service providers (markets, wallets) will gradually test and integrate exchanges to provide a foundation for the explosion of QUARK.
The bottom line value of QUARK is 100 bitcoins. Its growth potential is related to the coin holding address, splitting, virtual machines, exchange integration, large-scale applications, etc. In the bull market, it sees a market value of 500 million to 1 billion US dollars. It has the potential to pull up 25-50 times the current price in the long term. It is a bitcoin MEME that can be invested in as a priority.
QUARK has currently launched BITGET, and OKX and Binance will definitely launch them later (because they have already taken great pains to develop an independent segment of the ARC20 market).

3. QUAKR, as the most popular MEME of ARC20, will also copy the rising path of SHIB with the construction of ARC20 virtual machine, split function and ecology. QUARK is supported by miners to develop a wider Bitcoin MEME practice movement.

Seven: Quark's advantages are:
1. Quark naturally has the attributes of fair issuance and decentralization. Quark is a colored coin of Bitcoin based purely on community consensus.
2. Quark has the support of a large number of miners. Quark has a large number of miners who invest Bitcoin, energy, time and luck to mine, and continue to build a value network with the same security level as Bitcoin.
3. Quark's consensus power is getting stronger and stronger. The official Twitter account organizes several online meetings in Chinese or English every week. Bitcoin majors and a large number of KOLs are also continuously investing and promoting. Quark's subsequent explosive power is greater than ORDI SATS, and it is in the ambush period of treasures that have not been discovered by the mainstream.
4. The release of ARC20 virtual machine, ecological DEX, lending and other prosperity will accelerate the popularity of Quark

8. Summary
1. Quark is created using four elements of value: Bitcoin mining + time + energy + luck, which constitute its value.
2. The 100 coins pledged for mining are the underlying value of Quark, which makes the downside space very limited, making it a safe project that can be invested in regularly.
3. The virtual machine of the ARC20 ecosystem, the splitting of Quark, the improvement of wallets, and the integration of exchanges are all laying the foundation for the next round of Quark explosion.
4. Quark has 19,451 addresses holding the coin, and its market value is only 22.29 million USD. It is a severely undervalued project. It is expected that the current price can be increased by 25-50 times in the bull market, and it is worth investing. OKEx and Binance are likely to list Quark.
5. Craftsmen use gold to heat and weld to make exquisite gold jewelry. In the blockchain world, Bitcoin is digital gold, QUARK is pledged Bitcoin, mined with CPU, QUARK is digital gold jewelry (because it is made of gold, it has a bottom value). In the bull market, QUARK will naturally have MEME artistic value, and the long-term return will far exceed Bitcoin.
6. If Bitcoin wants to move towards application ecology, unless the main network has a huge upgrade in the future, it will need to rely heavily on "coloring + decoloring" and a series of OPCodes unlocked by AVM in the next few years. ARC20 is the only way for the explosion of Bitcoin ecological applications, and Quark is the key to the explosion of Bitcoin ecological applications.

#Quark #ARC20 #AVM