The explosive growth of Ethereum has paved the way for the development of numerous decentralized applications (dApps) that have revolutionized industries and created wealth for countless individuals. I’m currently exploring the exciting developments in the Bitcoin ecosystem and the wealth-creating opportunities that lie ahead.
This week I stumbled upon Trustless Computer (@TrustlessOnBTC) and spent considerable time looking into it. Trustless Computer is a layer-1 protocol that aims to make Bitcoin as generalized as possible — usable for far more than just a currency.
It enables developers to create DAO, DEX, NFT, token, auction, lending, data storage, and many other use cases on Bitcoin.
The current Bitcoin dApp examples that it enables are:
Bitcoin File System (BFS)
Ordinals Protocol
BRC-20 tokens (Equivalent of ERC-20)
NFTs (BRC-21)
Bitcoin Name System (BNS)
See more 👉🏻 https://twitter.com/atgoodm/status/1659357827964583945?s=46
