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Atomicals ATOMARC20
1. Summary
- Description
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Atomicals is a leading ARC20 token built on top of Bitcoin. The central idea behind Atomicals is the creation of a meta-protocol that enables the minting, organizing, and management of digital assets without relying on external parties or indexes to verify their authenticity. The protocol uses a Proof-of-Work mining mechanism known as Bitwork, whic...
Atomicals is a leading ARC20 token built on top of Bitcoin. The central idea behind Atomicals is the creation of a meta-protocol that enables the minting, organizing, and management of digital assets without relying on external parties or indexes to verify their authenticity. The protocol uses a Proof-of-Work mining mechanism known as Bitwork, which ties tokens directly to the Bitcoin blockchain.
Features
- Fungible & Non-Fungible Tokens: Atomicals allows users to create both fungible and non-fungible tokens. These tokens can be divided and combined like bitcoin.
- Digital Objects: The protocol enables the creation and management of digital objects, such as colored coins, which represent real-world assets.
- Decentralized Minting: Two primary methods of minting are available: decentralized and direct minting. Decentralized minting allows creators to set parameters, while direct minting provides control over supply and distribution.
Key Highlights
- Security: Tokens created through Atomicals carry a complete history of their transactions and exchanges, ensuring self-evident assets.
- Flexibility: The protocol simplifies asset management without relying on external entities, providing more use cases within the Bitcoin ecosystem.
- Storage: Tokens are backed by satoshis, ensuring a minimum value, similar to how precious metals like gold back currencies.
Protocol Details
- Realm Name Service: Atomicals uses the Realm Name Service as its identity system.
- Bitwork Meta-mining: This is the name of the Proof-of-Work mining system used on the Atomicals protocol.
- Asset Management: Atomicals allows developers to create tokens without requiring external verification, making each asset self-sustaining.
The Arc20 standard, part of the Atomicals protocol, has led to the creation of new types of fungible tokens on Bitcoin, providing broader use cases for the network and establishing a groundwork for linking digital assets to real-world assets.
Price | |
52W High price | $63.26 |
52W High date | 28th Dec 2023 (1 year ago) |
All Time High (ATH) Date | 20th Feb 2025 (2 days ago) |
All Time Low (ATL) Date | 20th Feb 2025 (2 days ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $212,995.00 |
ATOMARC20
How does Atomicals's (ATOMARC20) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
ATOMARC20
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
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No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://wizz.cash/arc-20 |
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Has Atomicals been audited for security?
No security audits found for this project.
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