UniSat is the preferred platform for Bitcoin inscriptions and runes. Designed specifically for the Bitcoin ecosystem, UniSat and its wallet (available via mobile and browser extensions) make it easy to manage Bitcoin-based assets such as Ordinals, BRC20, Runes, and Atomicals (ARC20) tokens. Users can store, mint, and transfer these assets directly in their browsers without the need to run nodes, making interaction with emerging Bitcoin assets more convenient.
The wallet supports various innovative features, including instant engraving of Ordinals NFTs and runes, real-time viewing of unconfirmed NFTs in the mempool, and a marketplace to trade these assets. Additionally, UniSat prioritizes security by not storing private keys on its servers.
In summary, UniSat is one of the best existing solutions for ordinary people to directly interact with the thriving Bitcoin asset ecosystem.
Since its introduction in 2009, the Ordinals protocol has led to the fastest growth in new Bitcoin network transactions, with BRC20 dominating the majority of these transactions. However, direct interaction with Ordinals and BRC20 requires technical knowledge that most people do not possess.
UniSat is changing this situation. Over the past few months, they have released a comprehensive suite of products, including the wallet in February, Inscribe in March, and the marketplace and rune support in April. This team knows how to create products that users want.
Since its launch, over 50% of inscriptions have been created through UniSat Inscribe, and over 80% of BRC20 trades have taken place on the UniSat marketplace.
In a first for Bitcoin history, there is now a real opportunity to profit by mining Bitcoin transaction fees instead of relying solely on fixed block rewards, driven primarily by consumer interest in trading Bitcoin’s native tokens.
After the recent Bitcoin halving and the launch of Runes, Bitcoin’s daily transaction volume reached its peak, surpassing 900,000 transactions per day, with the transaction fee share of Runes even surpassing BTC in just a few days.
On May 8th, the total fees per block temporarily exceeded block subsidy rewards for the first time since 2017.
The growth momentum of inscriptions and runes activities gives hope for the future of Bitcoin. To sustain Bitcoin’s security budget, ways must be found to increase transaction fees to offset the decrease in block subsidy income after each halving. Currently, inscriptions and runes are the main ways to increase transaction fees, and platforms that facilitate these transactions, such as UniSat, are crucial for fostering interaction.
