Introducing @tap_protocol, bringing full-blown DeFi to Bitcoin Layer-1 without bridges or L2s. 🟧 This is Bitcoin like you’ve never seen before. đŸ§”đŸ‘‡
1. What is Tap Protocol? Think of it as the next evolution of BRC-20, a standard for creating, sending & trading tokens directly on Bitcoin using #Ordinals.
2. The magic? ✹ Something called "Tapping" - a quick, lightweight way to verify transactions by re-sending assets to the same address to prove ownership & balance. No heavy proofs. No complex consensus.
3. Key upgrades over BRC-20: ✅ Mass token send (multi-send) ✅ Built-in staking & swaps ✅ Token trading via text inscriptions ✅ Signed redemptions (Token-Auth) ✅ Richer token metadata (decimals, readable tickers)
4. Why this matters: With Tap, Bitcoin stops being just “digital gold” and becomes a full DeFi playground, all without leaving the security of L1.
Tap Protocol is already building bridges (not the risky kind) with: đŸ€ ICP & Dfinity DeFi apps straight on Bitcoin đŸ€– TAP Launch Bot, no-code token launches
How to start building: 1ïžâƒŁ Clone your BRC-20 setup 2ïžâƒŁ Add the tapping flow 3ïžâƒŁ Use the TAP features (staking, swaps, multi-send) 4ïžâƒŁ Join the TRAC/TAP dev community
Tap Protocol = 🔗 Bitcoin security ⚡ DeFi speed 📈 Token versatility It’s not just a standard. It’s a Bitcoin DeFi revolution.
Want to dive deeper? 🌐 📜
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