I have a feeling I'm going to get rich! Thanks to @huoshan007 Volcano Brother for introducing me to @SAT20Labs' first asset (the leading project of the ordx protocol) $OrdxSat. It just finished launching at noon today and has already multiplied by 6, with a market cap of only $130,000. Compared to BRC20's $ordi, which had a market cap of several hundred million dollars back in the day, $OrdxSat is completely undervalued.
But that's normal, after all, it’s been less than 10 hours since the launch!
To be honest, I haven't paid much attention to the Bitcoin ecosystem for a long time. There were many issues with the Bitcoin ecosystem before; the gas fees on the first layer network were very high, and confirmations were as slow as a turtle. The second layer is mostly based on EVM, which is not very popular in the BTC community.
Today, I took some time to look at the Sat20 white paper, and this sat20 has reignited my hope for the Bitcoin ecosystem. This is the true second layer network of Bitcoin, with transfers taking only 1 second and gas fees of just 10 satoshis each time, the experience is always very nice!
Today, while I was participating, I consulted Volcano Brother @huoshan007. He is an old hand in the Bitcoin ecosystem and has participated in many Bitcoin ecosystem protocols back in the day; he wouldn't easily endorse a project to me.
Sat20 has been in development for two years and has finally launched its mainnet. I sincerely admire the development team's faith in the Bitcoin ecosystem; saying it took ten years to sharpen a sword is not an exaggeration. There are actually many innovative details, such as the recommendation module using Bitcoin ecosystem domain binding. Just this point makes me feel that the sat20 team has a huge imagination, growing the invitation while also building the BTC domain.
I haven't finished reading the Sat20 white paper yet; once I complete it, I will provide an interpretation for everyone.
$OrdxSat K-line: (provided by @SATSWAPMarket)
White paper:
Wallet and white paper can be downloaded from the Sat20 official website homepage:
OrdxSat community official Twitter (just established today): @ordxsat
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