@coloredbitcoin
ColoredBitcoin (ARC-20) is a cryptocurrency token based on the ARC-20 standard, part of the Atomicals protocol on the Bitcoin blockchain. This standard allows the creation and management of fungible tokens backed by satoshis (the smallest unit of Bitcoin), known as "colored coins." Each ARC-20 token is pegged to a satoshi, giving it an intrinsic value tied to Bitcoin and enabling its use in applications such as DeFi, digital art, and digital identity within the Bitcoin ecosystem.
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