Background
Satoshi, the fundamental unit of Bitcoin, has been imbued with profound significance since its inception. If the Bitcoin ecosystem truly represents the future of Bitcoin, then a "Satoshi-based" asset issuance and circulation protocol is inevitable and will emerge within the Bitcoin ecosystem sooner or later.
First, Satoshi assets are the most natural way to issue native Bitcoin assets, with no negative impact on the Bitcoin network. Assets only require simple data to be written to the Bitcoin network during the minting phase. Subsequent transfers and transfers to second-layer networks do not require any further data writing, resulting in no disruption to the mainnet. From another perspective, Satoshi assets are user assets. Through this satoshi-bound method, Satoshi assets naturally belong to the user, and their security is guaranteed by the mainnet. From any perspective, Satoshi assets are the most natural and native way to issue assets within the Bitcoin ecosystem.
Second, Satoshi assets naturally adapt to Bitcoin's technological development. Regardless of how Bitcoin technology evolves, or what kind of second-layer network emerges in the future, Satoshi assets will undoubtedly be a part of it. Satoshi assets will flow freely onto these networks, without requiring any permission or unnecessary manipulation. If Bitcoin's layer-one smart contracts, such as BitVM, are released as planned, satoshi assets can be used within BitVM without any modifications.
Finally, even if BTC doesn't yet have a native scaling network, exploring and implementing one to allow for the free circulation of satoshis and fully exploit their value is SAT20's mission. Driven by this mission, we have created asset circulation protocols like Satoshi Transcending and native scaling networks like SatoshiNet.
In short, the SAT20 Satoshi asset protocol is an inevitable product of the BTC ecosystem's development. It unlocks the potential of the "satoshi," BTC's smallest unit, and embodies the uniqueness of the BTC asset. As BTC technology develops, the value of satoshis will gradually be recognized and fully utilized.
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