AVM-AVMDetailed Description

AVM-AVM Detailed Description

AVM is an "ARC-20 inscription concept coin" deployed on the Bitcoin mainnet. The ARC-20 token standard is provided by the Atomics protocol and is minted and transmitted based on BTC's UTXO. Its basic unit "atom" is composed of sat, the smallest unit of Bitcoin, which means that each unit of ARC-20 token is always supported by 1 sat, that is, 1 Token = 1 sat. At the same time, ARC-20 is also the first token protocol to mint inscriptions through POW, which means that participants can directly mine inscriptions/NFTs like they used to mine Bitcoin.