ChainCatcher news, the ORC-20 protocol announces that the Nirvana upgrade will take place this week.This upgrade will focus on optimizing the protocol, including the addition of support for the issuance of stablecoins, as well as enhancing the atomic trading functionality between ORC-20 tokens.

ChainCatcher news, according to official sources, the ORC-20 protocol indexer has announced that it is fully open source, becoming the token protocol in Ordinals that provides complete indexing and open source code, apart from BRC-20.

ChainCatcher news, Xu Mingxing tweeted that OKX and its partner Bitcoin inscription wallet UniSat Wallet are committed to building infrastructure for BRC-20 and ORC-20, including wallets, markets, liquidity exchanges, and browsers. So far, there are no plans to list these tokens on OKX, but the listing decision depends on technology, liquidity, and community development, and OKX will continue to monitor. (source link)

ChainCatcher message, ORC-20 is an open standard for ordinal tokens on the Bitcoin network, designed to enhance the functionality of BRC-20. It aims to be backward compatible with BRC-20 to improve adaptability, scalability, and security, while eliminating the possibility of double spending. However, ORC-20 is an experimental project and there is no guarantee that tokens created using this standard will have any value or utility; users must recognize the risks.BRC-20 is an experimental token standard on the Bitcoin blockchain, modeled after Ethereum's ERC-20. It allows programmers to create and send fungible tokens through the Ordinals protocol. (Source link)