As the Bitcoin and blockchain space continues to develop, Joshua Henslee gives viewers updates and his view of what's to come, and here's a list of some of the most significant developments in 2023.
The uptick in prices of digital assets is often triggered by speculation, but with a proof of work concept, this could all change and more likely allow users to see the real value behind tokens such as BSV.
BTC proved it could tokenize with BRC-20 hitting a $100 million market cap, shattering the 'crypto' industry's long-held assumption that it wasn't capable and opening a new era in the digital currency space.
The rising prices of $Ordi signals the beginning of hyperbitcoinization, while it is something to look forward to, it is also possible that another fork is just around the corner.
BRC-20 only has three functions—deploy, mint, and transfer—and without Bitcoin script, the indexing of valid transactions is complex, but this did not stop the protocol from growing.
Inspired by Sats Names, a naming protocol leveraging Ordinals, BRC-20 lets any user mint against a defined contract.
