Bitcoin BRC20 mainstream wallet Unisat Wallet has announced its support for the ARC20 token based on the Atomicals protocol. The Atomicals protocol provides various asset types, including ARC20 tokens, NFTs, Realm, and Collection Containers. Currently, Unisat only supports ARC20 tokens, and other asset types are not yet supported.
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Table of Contents:
Unisat Wallet supports ARC20
What is Atomicals?
Asset issuance protocols in the Bitcoin ecosystem
As the first asset issuance protocol in the Bitcoin ecosystem, the Ordinals protocol, based on which the BRC20 token has created many wealth myths in the market, has led the market trend. This trend has prompted the industry to come up with new asset issuance solutions that aim to improve the Ordinals protocol, including the Atomicals protocol.
The Atomicals protocol includes four major asset types, similar to the asset types of BRC20 tokens, called ARC20 tokens. In addition, there are NFTs, Realm, and Collection Containers.
Just yesterday, Unisat Wallet, the leading wallet in the Bitcoin ecosystem that originally only supported Ordinals protocol assets, announced its support for ARC20 tokens.
The official statement emphasizes that currently, only ARC20 tokens are supported, not including other non-ARC20 assets. Although this means that other asset types of the Atomicals protocol (NFTs, Realm, and Collection Containers) are not yet supported, the official statement indicates that more types of assets will be supported in future iterations and the operation of Atomicals assets will be simplified.
To enable the ARC20 token function, users need to manually activate it under the “Atomicals” tab.
In addition, the official statement adds that the Atomicals protocol has undergone some protocol-level updates in the past 48 hours. In order to enhance security, UniSat uses a backup solution based on the official index to ensure full consistency with the latest version. In future updates, the transition to UniSat Atomicals Indexer will be made to improve service performance.
According to Bitget research report, the Atomicals protocol is an asset issuance framework for UTXO-type blockchains. This protocol supports various asset types, including ARC20 standard homogeneous tokens, NFTs, Realm, and Collection Containers. In terms of homogeneous tokens, Atomicals takes the smallest unit of Bitcoin, Satoshi, as the minimum unit of asset issuance. In terms of asset issuance mechanism, Atomicals provides both decentralized minting and direct minting modes, with decentralized minting implemented through the POW mechanism of Bitwork Mining.
Compared to the Ordinals protocol, Atomicals does not rely on third-party sorters for asset tracing and transaction ordering, providing a more comprehensive asset issuance solution. In addition, the Atomicals protocol includes the following four major asset types:
ARC20: A token format standard similar to BRC20 on Ordinals, with main projects such as $ATOM, $PEPE, $REALM.
NFT: Main projects include PUNK, XCSS (the first original collection), Atommap (bitmap counterpart).
Realm: The “Realm” concept proposed by Atomicals aims to subvert traditional domain names and use domain names as prefixes.
Collection Containers: This is a data type used to define NFT collections, mainly used to store readable NFT collections and related metadata, similar to a chain-based data object storage.
In addition to Ordinals and Atomicals, there are other asset issuance protocols in the Bitcoin ecosystem, such as Runes, PIPE, and Taproot Assets. Whether these protocols will be supported by mainstream wallets like Unisat Wallet in the future is a topic worth paying attention to, as the support of mainstream wallets serves as a reference indicator for the long-term survival and development of these protocols.
Previously, the Phantom wallet on Solana announced its support for Bitcoin, Ordinals, and BRC-20 tokens, highlighting the revival of Bitcoin’s position in the cryptocurrency industry and the influence of Ordinals.
Further reading:
Will Bitcoin “Runes” take over the fortune wave of inscriptions? Analysis of the Runes protocol and possible Alpha
Related Reports:
Bitcoin ecosystem in full swing: Understanding the ARC20 thousand-fold track and the Lightning Network hundred-fold track
Analyzing BTC’s two native asset protocols: BRC20 and ARC20
Bitcoin’s new FT protocol “Rune” is born, the founder of Ordinals can’t bear with BRC anymore
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ARC20
Unisat Wallet
Bitcoin