Atomicals Protocol releases AVM white paper, software release will be completed in phases

Atomicals Protocol released the Atomicals Virtual Machine (AVM) white paper. The software release will be completed in stages, first with the interpreter running, then modifying the indexer nodes. According to the white paper, currently, all digital asset protocols covering Bitcoin create and transfer digital assets based on fixed rules. By allowing programmers to define state machine logic to create and transfer rules, completely flexible (Turing complete) smart contracts can be created for covering digital assets. It proposes a solution called the Atomicals Virtual Machine (AVM), which stores smart contract code in transactions by utilizing Bitcoin as a global database and executes this code in a sandbox runtime environment, thereby implementing smart contracts. The proposed solution is a natural step in the evolution of digital asset protocols covering Bitcoin, and also serves as a testing platform for original Bitcoin opcodes to demonstrate their flexibility and security.