Atomicals and the ARC-20 Token Model on Bitcoin
Summary
The document introduces Atomicals, a protocol for creating ARC-20 fungible tokens on Bitcoin. It describes tokens as linked to satoshis, with each token unit represented by a satoshi, and identifies ATOMARC as the first demonstration token. It outlines two creation approaches: decentralized minting, where parameters such as ticker, mint amount, supply limit, and start block are set, and direct minting, where the full supply is placed in one output. Optional proof-of-work settings and token metadata are also discussed.
For transfers, the document explains that moving an ARC-20 token means transferring its associated satoshi, with transaction history recorded on Bitcoin. It contrasts this design with BRC-20 and claims ARC-20 transfers avoid additional Bitcoin data entries. The article provides no independent technical benchmarks or detailed protocol constraints, so its efficiency and value claims should be treated as assertions rather than demonstrated results. Its exchange instructions and investment language are promotional context, not evidence of trading performance.
Key ideas
- ARC-20 tokens use satoshis on Bitcoin to represent token units.
- Atomicals describes decentralized minting with configurable issuance parameters and optional proof of work.
- Direct minting creates the full token supply in a single output.
- Token metadata can describe a token's identity and purpose.
- ARC-20 transfers move the satoshis associated with the token.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.