Note: The original text comes from @DaMian2848's long tweet.
This thread will analyze the STAMP protocol & SRC-20 protocol ecology from the following aspects:
1) What is the Stamp protocol and the SRC-20 protocol?
2) How to buy a valuable and verified Stamp NFT?
3) What are the valuable SRC-20? How to mint? How to see the balance?
4) Personal opinion and item recommendation (DYOR)
5) Extras/information
1) What are the Stamp protocol and the SRC-20 protocol?
The BTC Stamps protocol was proposed by @mikeinspace . The implementation mechanism of BTC Stamps is to embed image data in base64 format into the transaction output on the Bitcoin chain, thereby permanently saving the corresponding image data on the Bitcoin chain.
You can get details about the Stamps protocol in his github commit:
The SRC-20 protocol was created by mike referring to the BRC-20 template when the BRC-20 ecosystem broke out in March, and was updated to SRC-21 on May 17, which greatly reduced the Gas fee for a single mint (80u → 30u), and optimized the API for obtaining item balance.
You can get details about the SRC-20 protocol in his github submission:
What is the difference with the ordinals ordinal protocol? The debate between the Stamp protocol and the ordinals protocol has been going on for some time in the Bitcoin development forum. When ordinals was booming, on the Bitcoin core development forum, many core developers did not want to embed so much "worthless" junk information in BTC transactions, and there were arguments for refusing to sign such transactions, and miners refused to synchronize rights to such transactions.
Based on this debate, mike proposed the Stamps protocol, which aims to use the Counterparty protocol to broadcast the entire text content to the Bitcoin chain, and use the base64 encoding mechanism and the "stamp:" prefix to identify the corresponding Counterparty transaction as a P2SH transaction. Type transactions need to split and embed data into multiple transaction outputs, and cannot be "deleted" by Bitcoin full nodes, thus realizing permanent storage of image data.
The biggest advantage of the BTC Stamps protocol over the Ordinals protocol is that its data storage is based on the simplest transaction output, so Bitcoin full nodes have "no choice" but to save BTC Stamps, while OP_RETURN and " "Witness data" (the scheme adopted by Ordinals) has the possibility of being "deleted" by full nodes. This is why SRC-20 takes longer to confirm transaction validity than BRC-20.
The following is an excerpt from page 21 of Binance’s research on BRC20: SRC-20 tokens store data in a different way than BRC-20 tokens, which may make SRC-20 tokens more technically specific than BRC-20 tokens. 20 tokens are more secure, but the data that can be stored is not as rich as BRC-20.
2) How to buy a valuable and verified Stamp NFT?
Most of Stamp NFTs are still in the early stage, and their unmodifiable and permanent preservation properties are even more eye-catching.
The NFT trading platform developed by mike (similar to http://ordswap.io )
Only the following three series have been verified on the platform: @the_pixel_gods , three series of Pixel Gods, Pixel Guardians, and Pixel Servants. 3GGS, Dandan series, no project party has been found yet. EnterAI, a similar OG series card launched by the platform official @Universelle_io , is said to have empowerment, and the price has also increased from 0.003B to 0.13 to 0.3B. There are also Punks, wizards, and frogs similar to 4#, which are also in the early stage.
So how to buy an NFT on rarestamp? Take the official OG series as an example:
① Enter the collection details page
② Master the information of this series of NFT
③Click to pay Note: Do not use the address starting with bc1p to send money to the distributor, otherwise it will not be retrieved.
3) What are the valuable SRC-20? How to mint? How to see the balance? How to check validity?
Official SRC-20 mint website : https://stampchain.io/src20/
Experimental documentation : https://github.com/hydren-crypto/stampchain/blob/main/docs/src20.md…
Minting website: https:// rarestamp.xyz/minting
SRC-20 Dashboard (developed by obi, used to check balance): https://crypt0biwan.github.io/src20/
How to mint SRC-20?
How to check the validity of mint SRC-20? After the transaction is confirmed (what you send is only transferred to the distributor, you need to wait for the distributor to verify it before initiating a transaction to your wallet, generally it will arrive within 1-24 hours) Enter the following website, fill in the address to view the stamp in the wallet NFT (including SRC-20 ) https://stampchain.io
After getting the serial number of the above SRC-20, go to the balance query panel: https://crypt0biwan.github.io/src20/Click next to the corresponding project mint
You can see the mint information, then go down, look for the last mint full record, check the serial number, and compare it with your own serial number. It can be seen that the last valid serial number of Stamp is 35260, while my own is 40840, which is an invalid serial number. Simply put, it is scrapped.
4) Personal opinions and project recommendations The BTC revolution driven by the ordinals ordinals protocol is a historical trend, and the Stamp protocol may become the next round of hot spots with its unique generation mechanism, permanent storage, and miners' inability to refuse. These are all catalysts to promote the continuous prosperity and development of the BTC ecology. In addition, BRC20 is currently supported by OKX, and bn, the first in the universe, is very likely to endorse this agreement.
The project I took over by myself (DYOR):
Reminder: All cryptocurrency transactions are extremely high-risk transactions, and all transactions may be zero-loss principal, for reference only.
Stamp NFT: # 424-47-0.005B https://rarestamp.xyz/stamp/A1500000 0016516541575… # 29-300-0.0134B https://rarestamp.xyz/stamp/A8080111 11111111111… Satoshi Soldiers-270 / 420 https://satsoldiers.pixel-pals.art SRC-20: Stamp, NIVEK
5) Information
The current mainstream investment research report on SRC-20 https:// sqrr.xyz/docs/4/1/Stamp s%20Protocol_Final_17_May_2023.pdf… https://research.binance.com/en/analysis/br c-20-tokens-a - primer… 12 736
Media Channels:
Mike Twitter: @mikeinspace
MINT support service channel : https://t.me/mintingsupport
Stamps official telegram : https://t.me/BitcoinStamps
Stamps Unofficial Community DC: https://discord.gg/nTMKYyhzbg
Stampchain official tweet: https://twitter.com/Stampchain
Here you can see the SRC20 tokens currently being mint on the chain, as well as the token holding analysis function. https://stampscan.xyz/minting _
