What are ARC-20 Tokens?

ARC-20 tokens are a type of digital asset created using the Atomicals protocol. They are fungible tokens that represent ownership of assets on the Bitcoin network.

#ARC20represents a method for creating, transferring and managing digital assets within the Bitcoin ecosystem and leverages the protocol's capabilities to enable unique digital ownership.

How Do ARC-20 Tokens Work?

ARC-20 tokens are pegged to a value of at least one satoshi, the smallest unit of Bitcoin. This ensures that each ARC-20 token has a minimum value and does not fall below 1 satoshi. Tokens can be used, transferred and split just like regular Bitcoin units.

Each ARC-20 token has a built-in ticker and name service that ensures each token has a unique identifier. Additionally, each token carries the entire transaction history since the day it was created, eliminating the need for a central indexing service and increasing transparency and security.

What is Atomicals Protocol?

The Atomicals protocol is an open-source system designed to create digital objects known as "Atomicals" or "atoms" in Bitcoin and other blockchains that use the UTXO (unspent transaction output) model.

These digital objects can be static or dynamic, including both fungible tokens and non-fungible tokens (NFTs). Atomic objects are created through Bitcoin transactions and are compatible with any Bitcoin wallet, eliminating the need for additional chains, layer 2 networks or third-party services. $ATOM #Bitcoin#Origin