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SATS (Ordinals)
SATS (Ordinals) - The cryptocurrency that focuses on the smaller part of Bitcoin.
- SATS is short for Satoshi, which represents the smallest unit of Bitcoin (100,000,000 satoshis = 1 BTC).
- SATS (Ordinals) allows the transfer of BRC-20 tokens, all of which are linked to the Bitcoin unit representation.
- SATS (Ordinals) has become a trend because its use cases have been increasing and its scalability is maximized.
Key Metrics of SATS (Ordinals)
Precio Reciente | $0.0000002173 |
---|---|
Cap de Mercado | $161,595,228 |
Suministro Circulante | $455M |
Suministro Total | 2,100T SATS |
Suministro Máximo | 2,100T SATS |
What is SATS (Ordinals)?
SATS refers to Satoshis, the smallest unit of Bitcoin. Each Bitcoin is divisible into 100 million Satoshis. SATS, also known as Ordinals, stand out as a digital asset that employs Satoshis in a token economy.
They are already embedded in the Bitcoin blockchain and are programmed following the BRC-20 token standard, being one of the most modern currently.
SATS, using the BRC-20 token standard in the Bitcoin network, enables a variety of use cases. Thanks to the flexibility offered by operating without the need for smart contracts, SATS covers a broad spectrum of applications.
This ranges from payment systems to the gaming industry, opening up new possibilities for the transfer and creation of digital assets.
SATS (Ordinals): What makes it different and why invest?
SATS creates a token economy on the Bitcoin Network through the use of the ordinal protocol. This economic structure enables the generation and exchange of BRC-20 tokens, which are linked to the representation of Bitcoin units, specifically satoshis.
Importantly, SATS works without the need for smart contracts, which provides users with greater flexibility for token creation by enrolling specific files into satoshis.
Among the advantages of SATS is its contribution to the scalability of the Bitcoin network and the ability to operate independently of smart contracts, thanks to the BRC-20 token standard.
However, as with any new technological development, SATS could face certain risks and challenges, including security issues, regulatory uncertainties and price fluctuations.