Tags: BRC

Bitget Exchange Reports Significant Growth in Employees and User Base, Highlights Focus on Bitcoin Expansion in 2024

The possibilities for development on the Bitcoin network are expanding — and the BRC-20 ecosystem‘s rapidly growing market cap reflects the new opportunities.

A Bitcoin Core developer claimed Bitcoin Ordinals exploit a vulnerability allowing inscribers to bypass data size limits, which could soon be fixed.

Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine.

Inscriptions have been acting more as a "packing filler," stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.

Collectors known as “sat hunters” are collecting satoshis from rare Bitcoin — and those fragments may eventually be worth more than regular Bitcoin.

The number of Ordinals has grown from one to 10 million in less than six months.

Bitcoin advocate Joe Hall believes that all other cryptocurrency projects will collapse into Bitcoin in the coming years.

(Donald Iain Smith / Getty Images)

Bitcoin Cash developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for expanding financial access.”

El Salvador. (Esaú González, Unsplash)

Zero-knowledge proofs could be a viable means to address recent network congestion and high fees on the Bitcoin blockchain.

(CSA Images/GettyImages)

Debate has ensued over the proliferation of BRC-20 tokens on the Bitcoin blockchain. (Кусмарцева Дарья / Getty Images)

(Getty Images)