📢 @SAT20Labs Latest Announcement
Thank you for your continued support of the SAT20Labs team!
We are thrilled to announce a major breakthrough in Lightning Network technology. The @SAT20Labs team has successfully enabled seamless BTC asset transfer between Layer 1 and Layer 2 through Lightning Network channels. To showcase this innovation, we’ve launched the STP Demo on Sat20 Wallet for everyone to test:
https://t.co/ZSXAZobQw8
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📅 Upcoming Plans from SAT20Labs
1️⃣ Dynamic Channels: Introducing Splicing functionality for real-time channel capacity adjustments (planned release by the end of November).
2️⃣ BTC Layer 1 Asset Transfers: Supporting SAT20 assets by December, followed by BRC20, RUNES, and more.
3️⃣ DEX Listing and Trading: Enabling decentralized order-book trading and swap functionalities for SatoshiNet assets.
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📢 Stay tuned to @SAT20Labs for the latest updates and developments! 🚀
@okxchinese@okx @okxweb3 @binance@binancezh@cz_binance @bitgetglobal @Bitget_zh@OKX_Ventures @bitgetglobal @Bitget_zh@gate_io@gateio_zh@Bitcoin@BBCNews@TIME@economics@MarketWatch@newsinvesting@WSJecon@WSJmarkets@Reuters@YahooFinance
📈 Official Links
- Whitepaper: [https://t.co/pRHDAeboQ7]
- Website: [https://t.co/1DTBzn8Dj6]
- Marketplace: [https://t.co/vGtpwCZAo1]
- Protocol Twitter: @SAT20Labs
- Market Twitter: @sat20market
The SAT20 Layer 2 is set to revitalize the BTC ecosystem! 🍕🚀
🔸BRC20: A Milestone in the BTC Ecosystem, Now Supported by SAT20Labs 🔸
Although originally introduced by @domodata as an experimental protocol with certain limitations, BRC20 undeniably sparked a surge in the BTC ecosystem, drawing significant capital and development resources. It helped lay the foundation for Bitcoin's growth — and SAT20Labs has proudly been part of that journey.
From the start, SAT20Labs has been committed to honoring BRC20 and aimed to address some of its limitations. That’s why, in designing the ordx asset issuance protocol, SAT20Labs reserved a 4-byte ticker format specifically for BRC20 compatibility.
✨ Today, we’re excited to announce that SAT20Labs now supports the circulation of BRC20 assets on SatoshiNet, helping foster BRC20’s continued development. We look forward to BRC20 reigniting the BTC ecosystem and driving further growth!
🔹SatoshiNet
As a key component of the SAT20 Transfer Protocol (STP), SatoshiNet leverages Lightning Channel technology to inherit BTC mainnet consensus security, creating a BTC Layer 2 focused on asset liquidity and application expansion. On this Layer 2, no new assets are issued; instead, it serves as a platform to enhance the circulation and smart contract support of Bitcoin L1 assets.
📈 Official Links:
- [Whitepaper](https://t.co/3wEHXOC37L)
- [Website](https://t.co/aMPj5PkTmQ)
- [Marketplace](https://t.co/4mcn3U3L8Z)
- Protocol Twitter: @SAT20Labs
- Marketplace Twitter: @sat20market
#SAT20 #BRC20 #Pizza #Layer2 #RarePizza #SFT #BTC #MemeCoin #SAT20Market #RareSats