What is the new upgrade of Bitcoin Dmint that is being discussed all over the Internet?

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This article will introduce the Dmint update for Atomicals and introduce you to new ways to use POW for BTC asset issuance.

The Atomicals protocol has updated its NFT minting method, Dmint, and introduced a large number of Bitwork, which is similar to Bitcoin POW mining, in its design. This is very much in line with the Bitcoin culture, and it also hits the excitement of the community, because there are so many people who download and install the environment, and even sent Atomicals’ github repository to the 11th place in the overall list.

So, what is Dmint and why should you care about Dmint?

In addition to issuing tokens like BRC20, Atomicals can also be used to make NFTs where all data is stored on BTC, although in a different way than Ordinals.

Atomicals’ NFT minting method is called Dmint, which is a fairer and more decentralized way of launching NFTs.

NFT deployers need to number each NFT image in the series (e.g., 0000 to 9999), and the Atomicals protocol calculates the hash value of each image file and generates a separate json file for each image.

The protocol then calculates a proof of the hash value of the above image through a Merkle tree, which can be used to verify any NFT in the collection.

The deployer of the NFT series writes this proof into the transaction along with the NFT’s name, description, logo, mining difficulty and other data, and sends it to the Bitcoin network to complete the registration of the series.

Therefore, the deployer only needs to send proof of proof of NFT images during the registration process, rather than each NFT image itself, and even if a series of 10 million pieces is deployed at one time, it will not cost much SATS.

Subsequently, the NFT project party discloses the picture and json file of each NFT, and after the user chooses, he sends the bitcoin transaction by himself, and engraves the image data and json into the BTC block to complete the minting (claim) of a single NFT.

The hash value of these NFT images can be cross-verified with the Merkle tree proof in the registered transaction.

This completes the issuance and minting of NFTs into a series.

Of course, the highlight is also the fair launch part of the NFT, and there are two main innovations that Dmint introduces here:

Bitwork can only mint after mining, and can customize multiple difficulties in a series;

Accept specific UTXOs to send minting transactions, which can be used to collect ARC20 tokens or be paid to the project party as required.

The first is Bitwork mining, which is a unique fair launch method of the Atomicals protocol, where the deployer can set a prefix of a specific length for the minting, and the minter must use the computer to bump out the hash value that matches the specific prefix in an exhaustive way before minting.

First of all, a reasonably set Bitwork effectively lengthens the mint window time and gives the average player more opportunities. The minting of Dmint NFTs cannot be operated in batches, let alone obtain a large number of chips by pulling up the gas, and one CPU has one chance, which is relatively fair and distributed.

Further, within the same NFT collection, different Bitwork difficulties can be set for different NFTs (to the nearest one), such as:

Whiteboard: Set the difficulty of the 8000 NFTs after the series to 4 digits (1 minute calculation)

Green Outfit: 1000-1999 NFT difficulty set to 5 digits (16 minutes to calculate)

Purple: 100-999 NFT difficulty set at 6 digits (calculated for 256 minutes, i.e. 4 hours)

Legendary: NFT difficulty set at 0-99 is set at 7 digits (calculated for 3 days)

If you agree with the value of Bitcoin pow, then the value is also distilled through Bitwork calculations, which cannot be falsified to record the rarity of NFTs.

Obviously, this kind of variable difficulty design, the easiest thing to think of is the issuance of domain names: the number of short domain names is small and the value is high, corresponding to the high difficulty of Bitwork, and large miners can try to mine to earn a lot of income, and the number of long domain names is relatively low, corresponding to the low difficulty of Bitwork, and any ordinary person can spend a few minutes to mint one for himself.

In a network without a central and public network, how can domain names belonging to all mankind be fairly distributed?

Bitwork’s pure computation is the most common way to get consensus.

This design also seems to echo Satoshi Nakamoto’s vision 13 years ago, and here are his words: “Miners should be paid somewhat, and you can consider using a certain amount of work to generate a domain name.” 」

The mining of NFT MINT is just the beginning of Atomicals, and the genesis team is also considering introducing variable difficulty bitwork into the arc20 token issuance by modifying the index, which is really exciting.

Bitwork itself is computed at the application layer of BTC and requires the protocol to pass in various environmental parameters, so it is not feasible to completely separate mining and sending transactions.

At present, the limit of involution is that as for the GPU graphics card competition, large mining pools and even ASICs will not appear. Therefore, in the short term, there are still plenty of opportunities for ordinary home computers to compete with Bitwork, and of course, I expect that the proxy service that sells computing power will also be launched soon.

The second interesting innovation is that not just BTC, the Atomicals protocol also allows for the acceptance of specific UTXOs to send NFT minting transactions, which means that some kind of ARC20 token can be charged at the same time as minting NFTs. That’s where the Atomicals protocol’s dyed coin design comes in, with the native UTXO of 1 arc20 = 1 sat giving it better programmability.

Without any additional development, Atomicals’ NFTs and ARC20 can naturally have a “nesting doll” relationship, using arc20 to hit new NFTs (and arc20 itself can also set up bitwork mining), and even using old series of NFTs to mint new series of NFTs, which actually provides huge possibilities.

More and more inscription protocols are starting to introduce bitwork-like mining mint functionality. The texture of the string jumping up and intuitively giving people is completely different.

The revival movement of BTC culture is overwhelming all consensus in the crypto world.

There has been a strong first consensus on “fair distribution” in the inscription frenzy, and in the quest for “fairer distribution” and the search for value in memes, there will inevitably be a second consensus on POW itself.

This will bring a new round of big development to the Atomicals protocol, and any protocol willing to try, and Dmint is just a wedge.

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