🔸Gas soared, Sats/vb up to 1500, 🔸What is the CAT protocol of Fomo? 🔸This article takes you through the CAT Protocol in a few minutes (with a tutorial at the end of the article) 1⃣What is CAT protocol? According to the documentation of CAT Protocol, this is a new UTXO-based token protocol on the Bitcoin network - Covenant Attested Token, or CAT for short. ▹The CAT protocol relies entirely on the scripting language of the Bitcoin network itself and is executed directly on the base layer (Layer 1) of the blockchain. ▹The protocol uses a smart contract technology called "Covenants" to manage the issuance and transfer of tokens ▹ The token operations of the CAT protocol (such as issuance and transfer) require verification by miners in the Bitcoin network. ▹CAT protocol supports both homogeneous tokens (CAT20 standard — tokens) and non-homogeneous tokens (CAT721 standard — NFT) 2. What are the main features of the CAT protocol? 1/ Since the token data is retained on the BTC chain and no off-chain third-party indexer is required, there is no external service risk, and it inherits the security of the Bitcoin mainnet. 2/CAT tokens support the integration of various smart contracts such as AMM, lending and staking. 3/Token minting in the CAT protocol is executed through smart contracts, so the rules are completely determined by the on-chain code. 4/CAT protocol supports multi-chain bridging of assets. 5/CAT tokens support Simplified Payment Verification (SPV). Light clients (such as mobile phones) can independently verify the authenticity of tokens. 3⃣ Organize the content. Many bloggers have summarized the relevant content. Bibi will make a summary here. *Note: The following is a summary only and is not an endorsement. 1/@ProtocolCAT's CAT protocol document:catprotocol.org 2/Open source CLI tool on official Github: github.com/CATProtocol 3/CAT20 display interface on Unisat page: explorer.unisat.io/fractal-mai...… 4/CAT20 market value/cost/return comparison made by @jizui_cm_: x.com/jizui_cm_/status/1833990...… 5/3p-labs casting tutorial (please confirm safety yourself): mirror.xyz/3p-labs.eth/0IWdR6t...… 6/@ouyoung11's one-click script casting tutorial (please confirm safety yourself): mirror.xyz/0xC4335F5CF9975b953...… 7/Cloud server manual casting tutorial written by @CryptoKirito_ (please confirm safety yourself): x.com/CryptoKirito_/status/183...… 8/CAT20's @cointool front-end proxy page is online (please confirm safety yourself): ct.app/btc_fractal/mint-cat20… 🚨Reminder: The code may be risky, please do your own research and be cautious.