Unisat 是什麼
UniSat is a service provider focusing on the Bitcoin network, currently supporting Ordinals and the BRC20 ecosystem.
Due to the complexity of the casting method of the Ordinals protocol, Unisat started as a casting service in the early days. Users can use Unisat to cast NFT, text, BRC20, etc.
As BRC20 receives more and more attention, Unisat began to gradually develop the Unisat Wallet and BRC20 Marketplace.
Since the principle of BRC20 is relatively complex, there were no supported wallets or markets in the early days. Therefore, Unisat's products received enthusiastic attention from market users and also drove the subsequent development of BRC20.
Unisat reached an official cooperation with the OKX exchange in May to jointly promote the construction of the BRC20 ecology, which shows the importance of its impact on the BRC20 ecology.
Further reading: What is the Ordinals Coin Protocol? What’s the relationship with Bitcoin?
Unisat wallet tutorial
Go to the Google Chrome extension store to install the wallet.
Click Create new wallet when finished.
Then enter your password. After the input is completed, you will enter the mnemonic page. This mnemonic is the key to opening your wallet in the future. Losing it is equivalent to losing the entire wallet assets, so please keep it properly.
Next, please click Taproot to complete the wallet creation.
Once created, you can copy the wallet address and transfer BTC from elsewhere to Unisat Wallet.
Unisat BRC20 Casting Tutorial
Unisat can mint images, music, videos, domain names, text, BRC20, etc. of the Ordinals protocol. Except for BRC20, all others need to input the complete content into the "Inscrib" page to complete the minting. This operation is more complicated. The following will Mainly focusing on BRC20 casting teaching.
First enter "brc-20" and you can look for the token to be minted on the left hand side. The BRC20 token is currently only fixed to 4 characters.
Scenario 1: It has been deployed, but has not yet been minted.
Suppose I enter "doge" and find that someone has deployed it, but it has not been minted yet. Only 0.03% of people have minted it. Then I can click mint Directly.
If the token has been minted, you can only click Trade to trade in the market.
After entering the page:
Option click Mint.
Tick "doge".
Amount follows the default value, do not touch it.
Repeat Mint means how many times you want to mint. If you want to hit 10 cards, choose 10.
The casting content is displayed, click Next.
Enter the wallet address to receive this token. You can directly connect to the Unisat wallet in the upper right corner. The address will be filled in automatically. Finally, select how many sats it will cost to send the transaction. You can refer to the Bitcoin blockchain network transaction status. to decide how much to set, and upon completion you will receive BRC20 tokens in your wallet.
Note: The Bitcoin blockchain is very slow to produce blocks. If sats is set too low, transactions may have to wait for a very long time.
Case 2: Not deployed.
If the token has not been deployed when you searched for it earlier, you can go to Inscribe's brc-20 page to deploy it.
Button: Select Deploy.
Tick: Token name (only four characters).
Total Supply: total supply.
Limit Per Mint: How many mints can be minted at a time.
When deploying, you should pay attention to whether the total supply and the amount of each casting are reasonable. Taking the picture as an example, the total supply is 21 million, and only 1 can be cast at a time. This means that this BRC20 needs to be cast 21 million times before it can be cast. If it is completely cast, if it is not a popular concept, it is basically impossible to be completely cast, because a huge amount of handling fees will be paid.
Unisat market buying and selling
If you do not want to mint or have already minted it, users can search for the BRC20 token to be traded in the upper left corner of the Marketplace. The following screen uses ordi as an example.
Then find the order you want to purchase and proceed with the transaction. Remember to link your wallet before trading.
If you already hold BRC20 and want to transfer and sell it, you can click MY brc-20 on the right.
Find the brc20 token you hold and click List.
Since the inscription of "transfer" needs to be minted first when transferring BRC20 tokens, we must click Inscribe TRANSFER.
Select the casting quantity.
Once completed, the cast "Transfer Inscription" can be put on the market for sale.
Unisat brc20 swap
brc20-swap is a module built on the brc-20 protocol, allowing users to exchange tokens, provide liquidity and directly earn brc-20 token handling fees, similar to the decentralized exchange Uniswap on Ethereum. But the principle is different.
Currently, brc20 swap uses brc20's sats currency as the native consumption token. When trading, users need to mint the Transfer inscription before they can trade, just like the Marketplace.
At present, brc20 swap is only open to early users for testing, and the official launch time in the future has not yet been announced.
in conclusion
Unisat has now become an important part of the Ordinals ecosystem. Without the wallet and market services provided by Unisat in BRC20, perhaps the market would not have reached such a crazy level. As the market gradually developed, Unisat also began to support Ordinals NFT and Domain name buying and selling.
In addition, users who have used Unisat in the past will be able to accumulate points. As the leader of the Ordinals ecosystem, there may be opportunities to issue airdrops in the future. Users can take advantage of the low transaction fees on the chain and interact more to accumulate points. Relevant points.
