Colored Coin is one of the best options for constructing the financial order of the Crypto world in the future.

All cryptocurrencies in the world are divided into Bitcoin and altcoins, and colored coins themselves are Bitcoin.

Regarding the orthodox status of Bitcoin, over the years, countless tokens have challenged the status of Bitcoin, but has anyone succeeded?

Even today, looking at the entire cryptocurrency world, only Ethereum has gained a foothold, and it is followed by various challengers. We often hear that Solana will surpass Ethereum. Only Bitcoin cannot be challenged. Only Bitcoin has truly left its name in history, becoming the representative of blockchain and the real digital gold.

Before the emergence of the Bitcoin ecosystem, all methods of issuing coins were essentially creating assets other than Bitcoin. The emergence of the ARC-20 standard gave us a new idea - we can take out part of the Bitcoin and mark it as another token.

An infinite cycle of issuing coins outside of Bitcoin has been restricted to Bitcoin through the form of colored coins. From now on, all tokens issued through the ARC-20 standard are empowering Bitcoin, promoting the development of Bitcoin, maintaining Bitcoin's original consensus, and even helping Bitcoin deflation.

All shitcoins are saying that they can become the next Bitcoin, but only colored coins can honestly say that this is Bitcoin.

I really like a metaphor used by Kun Yuan @BitcivKun: The emergence of Atomicals has changed the blockchain world from disorder to order, and from entropy increase to entropy decrease.

As the final form of a standardized coin issuance method, colored coins provide a feasible standard answer for the future of crypto. It is to rebuild an orthodox coin circle on top of Bitcoin. There are thousands of tokens in the world. We can build all of them on Bitcoin, so that the entire coin circle and Bitcoin are strongly bound together, sharing honor and disgrace, and advancing and retreating together. This is a tribute to Satoshi Nakamoto, the coin circle, and the entire Web3. From such a cultural perspective, ARC-20 must and will prosper.

Atomicals Protocol, translated into Chinese as "Atomic Protocol". Atoms are the basic units of matter. The name itself represents the fundamental nature of the protocol, which aims to create an ecosystem born from the roots of Bitcoin. All the ideas on Atomicals are native enough that the protocol author has been quoting Satoshi Nakamoto's words over the past six months, telling everyone: You know, this is exactly what Satoshi Nakamoto wanted, and we finally made it happen!

The development ceiling of colored coins is unimaginable. It is expected to truly mobilize trillions of dollars of funds dormant in the blockchain. The emergence of ARC-20 may have opened the prelude to the real golden industrial age, an industrial revolution belonging to digital gold.

Regardless of the paradigm innovation of Realm and AVM, the point of colored coins is enough to subvert everyone in the cryptocurrency circle's understanding of the concept of virtual currency. Why can all coins only be air coins? No, colored coins can also be digital gold. All "blockchain revolutions" can happen on Bitcoin, instead of the vicious cycle of constantly opening plates and cutting leeks in the name of "innovation".

Many people also like to classify ARC-20 as an inscription. I don’t know if there is a third wave of inscriptions. But I can say very clearly that there will be waves of colored coins, which is the origin of all things in Crypto.

I would like to take this opportunity to say to the players of the current Atomicals ecosystem that this ecosystem is far more interesting than you think.

Atomicals was born less than a year ago, and the entire ARC-20 ecosystem is still full of gold. In the next 1, 3, and 5 years, this decentralized ecosystem belonging to the public will allow people to see the rise of another era.

Our generation seems to have caught the best time.

#atomicals #Arc20 #Quark #atomarc #bitcoin

(Originally written by Lepaer from Quark Community on 2024.06.01)