Your Go-To Source for Market Insights

UniSat CEO Discusses Decentralization and Hurdles in BRC-20 Development

Lorenzo, CEO of UniSat, recently offered insights on the X platform regarding the decentralization of BRC-20 over the past year, as reported by Odaily. He noted that the level of decentralization in the BRC-20 ecosystem has exceeded initial expectations. Lorenzo urged the community to temporarily put aside worries about UniSat’s perceived dominance in the BRC-20 space, suggesting a shift in focus towards the technical advancements and overall impact of BRC-20. He clarified that UniSat’s actual role as an index service provider has minimal influence on the BRC-20 standard.

Throughout the past year, UniSat’s comprehension of BRC-20 has significantly deepened. The firm has dedicated considerable resources to enhance the standard through various proposals and iterations. Nevertheless, progress in standardization has been notably slow and fraught with challenges, as observed over the last twelve months.

Send
Share
Share
Send