(🚨URGENT) CAT20 OPCAT tokens on Fractal Bitcoin are minting NOW!
CAT20 Fractal Bitcoin OPCAT tokens are minting NOW! A new UTXO-based token protocol on Bitcoin, called Covenant Attested Token (CAT) Protocol is live and the first token is currently being minted called $CAT token which is a CAT20 token standard that is validated by the miners which means there is no indexing required! This is the first breakthrough tech for bitcoin since it was launched. Where to mint your cat20 tokens we will discuss all of that here too. It is miner validated and uses smart contracts, specifically covenants, to manage token mints and transfers. Compared with all existing token protocols on Bitcoin, the CAT20 standard is solely enforced by Bitcoin Script at Layer 1 and has the following features.
No indexer needed: The ruleset of the token is guaranteed by the Bitcoin consensus. Both the token data and logic reside on chain. It does not rely on any off-chain third party, such as an indexer, to operate. There is no risk of indexer inconsistency and CAT tokens inherit native bitcoin’s Proof of Work security.
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😺Full details on CAT20:
https://catprotocol.org/
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📢 Disclaimer: The content within this video and on this YouTube channel is solely for educational and entertainment purposes. I am not a financial advisor nor am i a legal Councillor, I am simply a crypto fanatic who loves blockchain technology because i truly believe it will change the world. So please do your own research and be fully aware of risks involved when investing into any such crypto and or platform! Crypto currencies is an extremely volatile digital asset and comes with major risks.