Bitget Wallet adds support for ARC20 inscriptions and Lightning Network to further support the development of the BTC ecosystem

The latest version of Bitget Wallet adds support for ARC20 (Atomics) inscriptions and integrates the Bitcoin Lightning Network. This update not only expands existing functions, but also strengthens support for the Bitcoin ecosystem.

Added support for ARC20 inscriptions to build facilities for the inscription ecology

Inscriptions are a new asset and hot trend since 2023. Bitget Wallet has been actively paying attention to the inscription ecology and has continuously launched corresponding Product Features.

In its latest version of the App, Bitget Wallet has already supported ARC20 inscriptions, providing users with the service of engraving ARC20 inscriptions on mobile phones and checking market conditions. It will continue to provide further support for ARC20 inscriptions in the future. At present, most ARC20 inscription engraving products only support PC, and the user experience on mobile phones is not good. Bitget Wallet has always focused on the user experience on mobile terminals. For inscription products, it also focuses on providing products and services so that users can easily engrave anytime and anywhere using their mobile phones.

Regarding the Bitcoin ecosystem and the derived inscription assets, as a new asset type, Bitget Wallet recognizes its value consensus basis and development potential. Previously, Bitget Wallet has supported BRC20 assets, providing BRC20 asset display and transfer, and viewing inscription market conditions. It has also launched the full-chain inscription tool GetScribe to facilitate users to inscribe inscriptions, and has upgraded the Launchpad platform to provide "new" services for BRC20 assets. Provide users with more opportunities to discover new assets.

ARC20, as an asset that has attracted the same attention from the community as BRC20, has unique technical advantages, but it also has problems such as imperfect infrastructure, relatively low public understanding, and high entry barriers. As a Web3 wallet with 15 million users, Bitget Wallet has always adhered to the concept of providing users with convenient and easy-to-use products and services. Support for ARC20 inscriptions will help solve these problems and promote the development of the inscription ecology.

Not only Bitget Wallet, but Bitget Exchange has also been paying attention to and supporting the inscription ecosystem. The two use a strategy of combining decentralization and centralization to develop the ecosystem and provide services to users. Users can engrave, view, and transfer funds on Bitget Wallet, view Inscription market conditions, participate in new asset Launchpad, and then conduct Inscription asset transactions on Bitget Exchange.

Support Bitcoin L2 such as Lightning Network and be optimistic about its growth and innovation potential

In addition to supporting the inscription ecology, Bitget Wallet is also paying attention to and supporting Bitcoin L2 such as Lightning Network.

Currently, in the new version of Bitget Wallet, users can easily create a Bitcoin Lightning Network account, generate an address similar to an email format, serve as a Lightning Network identity, and conduct Sats on the Lightning Network through LNURL or invoice form ( BTC (minimum unit) transfer and reception. As a second-layer solution for Bitcoin, Lightning Network can achieve faster and lower-cost BTC payment transfers. It is suitable for small payments and frequent transactions. The address in email format also makes the operation process simpler and easier to use.

Bitget Wallet Chief Operating Officer Alvin Kan shared his views on the future potential of the Lightning Network, “The Lightning Network is a key technology in the Bitcoin ecosystem, which not only solves existing scalability issues, but also provides future Growth and innovation have laid a foundation, enhancing the practicality of Bitcoin as a daily payment method, which may attract more participants and investors to the industry in the bull market; in the future, based on the Lightning Network, more complex DApps may be built, and new assets, adding more functions and application scenarios to the Bitcoin ecosystem.”

In addition to the Lightning Network, due to the explosion of Bitcoin ecological assets such as inscriptions, the topic of Bitcoin L2 has been re-discussed, and new L2 projects are also constantly being launched. emerge. It is hoped to better release the liquidity of Bitcoin ecological assets and promote the innovation and prosperity of Bitcoin ecosystem.

Bitget Wallet is also actively supporting and in-depth cooperation with Bitcoin L2, providing wallet infrastructure services for Bitcoin L2 and providing convenient services for users to enter Bitcoin L2. Currently, many new Bitcoin L2 solutions rely on the EVM chain as an expansion layer. The native Bitcoin ecological wallet cannot support the EVM chain. As a wallet that has been expanding and developing in the multi-chain field and achieving excellent results, Bitget Wallet It has good compatibility and support for both the EVM chain and the BTC chain, and can well meet the needs of project parties and users.

Currently, in terms of product functions, BTC asset management, Swap trading, OTC, the market price of Inscription assets, Inscription innovation, access and support for Bitcoin L2 such as Lightning Network, etc. Regarding the Bitcoin ecosystem, Bitget Wallet has gradually built a full range of ecological support and become a leading player in this field.

In addition, Bitget Wallet is also actively expanding cooperation with Bitcoin ecological projects. More than 20 Bitcoin ecological projects support Bitget Wallet wallet connection. In addition, Bitget Wallet is also promoting cooperation activities with various agreement parties and project parties to jointly build the Bitcoin ecosystem and provide users with more new assets and new opportunities.

"The current infrastructure of the Bitcoin market in the wallet track has not yet been perfected and popularized. This is exactly the opportunity we see." Alvin Kan said that the team is currently very focused on the Bitcoin ecosystem. Attention, Bitget Wallet aims to fill the market's shortcomings in wallet support and become a key participant in ecological development.

About Bitget Wallet

Bitget Wallet is a one-stop Web3 transaction wallet with more than 15 million users worldwide. Product functions include wallet, smart quotes, Swap transactions, Launchpad, Inscription, DApp center, etc. It now supports more than 100 mainstream public chains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrency assets. By aggregating the liquidity of hundreds of mainstream DEXs and cross-chain bridges, it has achieved success on more than 40 chains. Free trade.

Bitget Wallet is the best choice for users to discover new assets and capture new opportunities in the Web3 field. Through the intelligent market function, it provides value information such as full-chain trend analysis, multi-dimensional market lists, and smart money on the chain to better assist Swap transactions; functions such as LaunchPad, Fair LaunchPool, and full-chain inscriptions facilitate users to participate in new transactions earlier. Project, obtain new assets; Web3 exploration and incentive platform Task2Get allows users to explore and interact with multi-chain ecology while receiving generous incentives.

Bitget Wallet has established a systematic security system and adopted multiple security detection mechanisms to ensure the security of each transaction or interaction scenario. It has introduced MPC wallets and AA wallets, supported hardware wallet connections, and completed the Swap and NFT markets. Audit of core codes such as protocols, and shared a US$300 million risk protection fund with Bitget, strengthening the ability to resist risks.

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