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UniSat: Atomicals market will be suspended until the ARC20 partial coloring protocol upgrade is fully implemented

UniSat: Atomicals market will be suspended until the ARC20 partial coloring protocol upgrade is fully implemented

CointimeCointime2024/06/18 02:22
By:Cointime

On June 18th, UniSat announced on the X platform that the latest UniSat expansion v1.3.4 is now compatible with the ARC20 transfer of partially colored assets. In preparation for the ARC20 partial asset coloring protocol upgrade at block height 848484, UniSat will temporarily suspend the Atomicals market for maintenance. This suspension will continue until the ARC20 partial coloring upgrade is fully implemented.

On April 8th, Atomicals Protocol announced that its ARC20 token split solution beta version entered the testing phase. This split solution can send tokens as low as 1 unit and overcome the Bitcoin dust limit while still maintaining the key attribute that all tokens are supported by Satoshis. In this split solution, there is no need to "substantiate" Satoshi again, but instead, partial coloring of UTXOs is allowed to achieve it. This means that the token is still supported by at least one Satoshi, but multiple Satoshis are allowed to "substantiate" one coin.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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