Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

BRC20 founder comments that UniSat will comply with the Jubilee upgrade: I hope the BRC20 community will reject UniSat’s fork

CointimeCointime2024/01/02 16:02
By:Cointime

BRC20 founder Domo retweeted UniSat's announcement that they will comply with the Jubilee upgrade and stated, "Given the serious consequences and valuation involved, I believe that hastily introducing these updates to BRC20 is reckless, ignoring their peer indexers and potentially harming the overall interests of the BRC20 user community. The 0.8/0.9 incident highlighted the complexity of integrating new updates into the BRC20 standard. Although I am eager to implement protocol improvements, it is clear that these changes may not be safe without the strong testing, coordination, and verification infrastructure that is currently being built. In addition, the timing and pending incentive structure indicate that this is not just a one-time technical-driven action by Unisat, but part of their thoughtful and ongoing strategy to control the protocol."Domo further stated, "L1Fxyz, a non-profit foundation dedicated to ensuring that the BRC20 standard is not controlled by centralized enterprises, is currently maintaining an indexer with the explicit intention of ensuring the safety of all funds in BRC20 assets. We jointly urge the entire BRC20 community to reject the fork proposed by Unisat and support a non-profit, security-first approach to maintaining the protocol."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

1inch reveals new cross-chain swap feature

Cointelegraph2024/09/19 02:58

Bitget announcement: Removal of VGXUSDT trading pairs from Futures Trading Bots

Bitget Futures Trading Bots will remove the following pairs on September 26, 2024, 15:00 (UTC+8) to provide a better user trading experience: VGXUSDT Notes: Users should close the relevant orders in advance if they hold strategy orders in these trading pairs. The release and purchase features of th

Bitget Announcement2024/09/19 02:41