Introducing @tap_protocol, bringing full-blown DeFi to Bitcoin Layer-1 without bridges or L2s. 🟧 This is Bitcoin like you’ve never seen before. šŸ§µšŸ‘‡
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: āœ… Mass token send (multi-send) āœ… Built-in staking & swaps āœ… Token trading via text inscriptions āœ… Signed redemptions (Token-Auth) āœ… Richer token metadata (decimals, readable tickers)
4. Why this matters: With Tap, Bitcoin stops being just ā€œdigital goldā€ and becomes a full DeFi playground, all without leaving the security of L1.
Tap Protocol is already building bridges (not the risky kind) with: šŸ¤ ICP & Dfinity DeFi apps straight on Bitcoin šŸ¤– TAP Launch Bot, no-code token launches
How to start building: 1ļøāƒ£ Clone your BRC-20 setup 2ļøāƒ£ Add the tapping flow 3ļøāƒ£ Use the TAP features (staking, swaps, multi-send) 4ļøāƒ£ Join the TRAC/TAP dev community
Tap Protocol = šŸ”— Bitcoin security ⚔ DeFi speed šŸ“ˆ Token versatility It’s not just a standard. It’s a Bitcoin DeFi revolution.
Want to dive deeper? 🌐 šŸ“œ
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