odindog

Is the wind rising? A new meme has appeared in the BTC ecosystem, Odindog, with a market value of thirty million, skyrocketing one hundred times in just a few days #odindog

Today Odin Fun was the subject of black rumors, causing a huge uproar

Interpretation of Odin Fun's security mechanism:

Analysis of BTC ecosystem expansion and Odin's security mechanism

1. The security of Odin and BTC <> ckBTC

The 1:1 exchange between BTC and ckBTC is based on the threshold signature scheme (TSS) technology of #ICP, ensuring high security. Unlike traditional cross-chain bridges, TSS splits the private key and randomly rotates its custody among 12 of the 34 nodes in the #ICP subnet; hackers need to breach 12 nodes within one hour to obtain the private key, which is extremely difficult. Additionally, all nodes are real-name licensed, having been approved by the DAO and the DFINITY Foundation, and are distributed globally, further reducing the risk of malicious actions.

2. Efficiency of deposits and withdrawals and analysis of run risks

The exchange between BTC and ckBTC relies on the Bitcoin mainnet, and the speed of deposits and withdrawals during peak times is inevitably affected by the mainnet speed. However, due to the 1:1 smart contract guarantee, each ckBTC is backed by native BTC, and the private key is protected by TSS, theoretically eliminating acceptance risk. This mechanism is fundamentally different from asset acceptance in centralized exchanges, enhancing the security and transparency of BTC ecosystem asset liquidity.

3. Factional debates within the Bitcoin ecosystem

There are four main viewpoints in the market regarding whether Bitcoin should have an 'ecosystem':

(a) Laser-eye maxi: Opposes a financial ecosystem, advocating that BTC should be stored in cold wallets, rejecting any non-BTC engravings, believing it adds network junk.

(b) Native mainnet, non-financial faction: Accepts the existence of native mainnet tokens but opposes financialization, supporting cultural and collectible attributes, such as Ordinals NFTs.

(c) Native mainnet, financial faction: Supports a variety of tokens and financial activities but requires transactions to occur on mainnet L1, recognizing mainnet assets like $ordi and $sats, but expressing skepticism about sidechains and exchanges deviating from the mainnet.

(d) Expansion solutions (sidechain/L2) faction: Believes the mainnet L1 limitations need to be expanded, supporting technologies like #ICP chain integration, balancing efficiency and decentralization. Current projects such as Odin, Omnity, Liquidium, Tap Protocol, etc., all adopt this technology.

Each viewpoint has its validity, and the diverse products of the BTC ecosystem aim to address different user needs, allowing users to choose and adhere to their beliefs based on their own philosophies.

#OdinFun #odindog

💥Breaking News: The Great Wizard Strategic Investment in Odin Fun!

The Great Wizard itself has also secured $60 million in funding

The leading Odin Dog responds with #ODINDOG instantly surging 50%

Supported by the ICP Foundation, endorsed by animoca, supported by OKX, linked to domo, praised by Casey, investment from the Great Wizard.....

Buff is maxed out!

This wave of Odin Fun will drive the BTC ecosystem, flying even higher!

#OdinFun #odindog

#土狗冲锋 still thinks this project is good. I first look at the core idea that attracts me the most.
1/ It tells us retail investors, tells everyone, that the platform uses #BTC as the trading pair, and everyone should earn Bitcoin, making money through trading to accumulate Bitcoin, just as Satoshi Nakamoto said, it is peer-to-peer electronic cash.
2/ The PVP capability of this project in the crypto space is self-evident. The narrative is new; it is an exchange, currently in the stage from 0 to 1. Every time a newcomer joins and deposits 100 dollars, it's a positive signal, in a growth period. Recently, the #MEME coins you have been buying are all in a surge, the ceiling is getting lower, the time is getting faster, while #odinfun is like wine, the older it gets, the better it smells. Your shitcoin drops, and you panic, fearing it will go to zero. #odindog has dropped, and you even want to increase your position.
3/ Currently, the valuation is very low. Both the project party and the capital side have the motivation to promote this product because capital also wants to sell when the market cap is higher. And currently, all major Bitcoin ecological projects have stalled, while the BTC ecosystem is just a small part of #odinfun's business.

When will Odindog#odindog be listed on Binance?
It has increased more than 10 times in 10 days without noticing

Long Yi must get on the bus

Cannot be empty

#odindog

https://odin.fun?r=i0sm5fwxyn

Today, the top 2 golden dogs on Odin Fun

#bitdog and Confucius #IConfucius both increased by over 3 times, and they gave you enough time to get on board

Previously, the liquidity was a bit lacking, but ever since the great wizard announced the lead investment #OdinFun , it's felt noticeably more active on-chain

Now there really is something to play with! Keep scanning the chain

#odindog #BTC

Twenty thousand U has been completely withdrawn to buy Odincat and Odindog. If all goes well, 5x will complete 100,000 U. Currently, Odincat has a market value of 81,879,713,768.

Newcomers playing Odin Fun don't know which meme to buy?

Share some gameplay experience

First of all, when brc20 came out, everyone was very curious, and there were endless tricks every day, similar to the current Odin Fun, so my choice was

First, I bought the leading token Ordi with a large position, a part of the position was used flexibly for other tokens, and another part was invested in community-driven projects that I would buy a bit of and hold long-term (btc ecosystem often rewards diamond hands
💎👋
)

Later, when brc20 exploded, I sold whatever was rising, just selling in batches

Although this trading strategy may not maximize profits, it is very stable and can capture the benefits of the market

So now you know how to operate, right? #ODINDOG
Wishing us all great results

#OdinFun #odindog

Sharing a recent first-level native dog in the pattern
Odin Dog #odindog

Speaking of personal opinions
#DOINFUN
Next, there should be a distribution of user transaction fees
And inscriptions might be integrated soon
It has been clearly stated that there will be incentive rewards
Currently, Longyi #ODINDOG has a healthy turnover rate after several rounds of trading
There are currently over five thousand users holding
Although the price continues to decline
It is also influenced by many people being bearish

So when good news comes out, will there be a new high?
Some community建设 is still quite healthy
There may also be more community members joining

If you want to communicate
You can leave a message in the comments section

Dabing Ecology officially enters 2.0 ⚡️🐦‍⬛🩵

1️⃣ Why does the BTC ecology need to upgrade from 1.0 to 2.0?
The core reason for the BTC ecology's transition from 1.0 to 2.0 is to address two major pain points:
Outflow of minting fees
Taking $sats as an example, with an initial market value of 21 million, all fees during the minting process flow to miners, preventing funds from being retained within the ecology, which limits long-term development.
Network congestion and high costs
The transaction speed of the BTC Layer 1 network is slow, and Gas fees are high, limiting user interaction experience and capital liquidity, further hindering ecological expansion.

2️⃣ How does OdinFun break through these limitations?
Automatic liquidity pool creation mechanism
Once the token minting is 100% complete, the system automatically creates a liquidity pool, with funds directly retained within the ecology, enhancing liquidity depth and preventing capital outflow.
0 Gas experience, lightning-fast transactions ⚡️
No need to pay Gas fees, transaction speed significantly increased, avoiding complex EVM operations and sandwich attacks, providing users with an extremely smooth experience. Currently, the annualized return of the liquidity pool reaches 1000%-2000%, and the transparent incentive mechanism will promote healthy growth of the ecology.

3️⃣ How does OdinFun bring the BTC ecology into 2.0?
The OdinFun mechanism precisely addresses the two long-standing core issues in the BTC ecology, becoming an important driving force for the upgrade to 2.0.
Retaining minting fees: Automatic pool creation allows minted funds to settle within the ecology, enhancing liquidity and sustainability.
Liquidity breakthrough: 0 Gas transactions improve capital utilization efficiency, lower user thresholds, and promote ecological prosperity.
In addition, OdinFun will also support legacy rune integration in the future, be compatible with BTC protocols such as BRC20 and ARC20, and even connect ETH and SOL ecologies, promoting multi-chain interoperability.

4️⃣ The future of the BTC ecology: One Chain for All
According to recent data from Bob @BobBodily, the performance of the OdinFun mechanism is exceptionally bright, and the BTC ecology is undergoing a profound transformation.
Currently, OdinFun is still in its very early stages, and the leading project Odin Dog #ODINDOG has not yet exceeded a market value of 100 million USD, while the market space for the BTC ecology is vast, with unlimited development potential.
In the future, OdinFun may become the core infrastructure of the BTC ecology, driving it towards a true "One Chain for All" era and becoming the next phenomenon of explosive growth.

#odindog #OdinFun

Odin Dog has completely gone viral #odindog have you joined?

#加密市场回调 In the secondary market, I am overwhelmed with counterfeit goods and have already lost a lot; in the primary market, I still have a pair of underpants. #odindog is all gone, I accept it! Give me a chance and I will rise up and sing!

#ODINDOG Dog Odin has taken off?

Regarding Odin Fun, I estimate that many old OGs and builders in the BTC ecosystem still haven't reacted

1. It has been proven that whether a product can succeed is not about what you want to build, but rather what users need

The smooth product of #Odinfun, its transparent mechanism, and the founder standing with the community (both the mechanism and the people) created the opportunity for this explosion

2. Because of the BTC ecosystem, it was almost on the verge of collapse, with inscriptions and runes like arc20 plummeting completely. Runes, in particular, have never exploded, and many people have temporarily left the ecosystem due to biases created by those who got stuck or went to zero.

However, I believe that such fertile soil in BTC will surely blossom, it just needs time. If you are still paying attention, constantly engaging with meme coins on the front lines, bravely experimenting and conducting social experiments, just like when you initially invested in $ORDI, you definitely haven't missed out on Odin Fun.

3. #ODINDOG Dog Odin surged from 1-2 million to 33 million in just these past few days, steadily rising and providing many opportunities to get in. Even if you missed out, yesterday's classic memes like #sotoshi and pizza funny have also seen astonishing gains, including a whole package of memes created by founder Bob that have exploded with many opportunities.

If you still hold biases, then the previous persistence in the BTC ecosystem might have been in vain, and the chance of achieving great results may be this last time, so cherish it.
🫡
#OdinFun