Discover and read the best of Twitter Threads about #BRC721

Most recents (4)

#BRC721 is one to watch for exciting developments in Bitcoin.

But, there's more to the story.

Have you heard about #GBRC721? @0xJerry543's variation is worth exploring too.

Here's what I've learned from my research: Image
First there are a few variation of #BRC721 proposals

1/ BRC-721 @BRC_721

This implementation is very close to ERC-721

A creator has more control and flexibility plus BRC-721 tokens can store images through Metadata via IPFS.

tutorial.brc721.com ImageImage
With that, inscribing fees are cheaper but downside is that images are not on chain.

Here are some examples of the collections
You will find some not yet reveal and some revealed

brc-721.pro

Currently only works with @OrdinalSafe Image
Read 12 tweets
🟠 BRC-721 is revolutionizing the space on #Bitcoin by bringing a new token standard and enabling conversion of ETH-721 NFTs to #Ordinals.

🚀 It's a game-changer! But how does it work, and why should you care?

Let me break it down for you. 👇🧵

#BRC721 #Bitcoin #OrdinalDaily Image
1/ #BRC721 is a new protocol for #Bitcoin that aims to bring Ethereum-like NFT features to #Ordinals.

#BRC721 is deployed on #Bitcoin using Solidity smart contracts and powered by Trustless.

It allows the creation of NFTs with over 100 artists and projects already published.🔥
2/ Here's how you can get started:

🔸 Head over to trustlessnfts.com
🔸 Connect your wallet
🔸 Click on "Create BRC-721"
🔸 Enter the collection name, add your images, and submit on-chain. Image
Read 7 tweets
#BRC721 将会是一个 #BTC #Ordinals 上一个很重要的部分,因为它极大程度降低了铭刻成本,使得即便在高gas下,可以降低成本铭刻一些比较复杂的图片

由于目前 #BRC721 协议比较多,为了方便大家了解,我就想开一个长推来依次介绍一下 Image
首先是最早发行的,抢跑了其他的 @bitcat_ord 使用的 @Ord_brc721 ,它主要的原理是直接使用一个ipfs地址来代表图片,不上链

这个地址是确定的,因为铭刻在链上,没办法更改,所以在mint之前,你就可以直接查看图片

最大的问题是还没开图,mint的慢的话,你就可以估算你的图是哪一个, Image
但是打的快,可能就很难估测

再有一个问题就是,你的铭文文本可以直接看见,不需要付费直接用text铭刻,那艺术家就赚不到什么钱了,赚不到钱是不会有人愿意费很大劲做这种东西的你

而且本来 #OrdinalsNFT 也没有版税,如果还有人愿意做这种事情,应该也不是为了名气,因为nft也带不来太多名气 Image
Read 11 tweets
1/8 In this thread, I'm going to share my thoughts about the @BRC_721 protocol - a standard interface that's designed to verify the authenticity of Bitcoin Ordinals collections. I see a lot of potential in this technology and I'm excited to delve into its future possibilities 🧵 Image
2/8 Right now, creators define collections on Ordinals by publishing a list of inscription IDs associated with their collection. For instance, with our @polychainmon Ordimon collection, we sent all inscription IDs to @MEonBTC, the main platform where Ordimon are traded.
3/8 While I don't think this approach is necessarily poor, I do believe it could be improved upon. With a protocol level definition similar to #BRC20, tools such as marketplaces, wallets, and analytics platforms could query Ordinal collections in a standardized way.
Read 8 tweets

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