ORC-20 Unofficial Guidebook

Version 1: Copyright belongs to Yuan Hang, organized and translated by DP

I Orc20 Key Tools or Docs

  1. OrcDao Twitter: https://twitter.com/orcdao

  2. Orc20 Protocol: https://docs.orc20.org/

  3. Orc20 Token List: https://loveords.com/orc20

  4. Explorer: https://bitpunks.io/Explorer/Inscriptions https://preturnio.com/results?p=1&b=orc

  5. Statistical Data: https://dune.com/ordinalstats/orc-20

  6. Mint Tools: https://bitpunks.io/Punk/Insbot https://unisat.io/inscribe https://idclub.io/inscribe

II FAQ

Q1:Did orc minted out?

A:The mint is finished. It was officially announced on May 4th at 1:29 pm. Please refer to Twitter for more details:https://twitter.com/OrcDAO/status/1653814067390468098

Q2:Is the ID of 1 or 2504160?

A:2504160 is actually a later standard (stipulated by OIP3), which was proposed on May 7th, but it was already minted before that. Please refer to this Twitter for more details: https://twitter.com/OrcDAO/status/1655159121224810497

Q3:How can I validate the valid of orc?

A:The official list was released at 4am on May 5th, and details can be found on Twitter: https://twitter.com/OrcDAO/status/1654226144575787008

Doc: https://github.com/OrcDAO/OrcMinters/blob/main/valid_orc_minters.csv

In this list, the ID is 1, so I also answered the above question

Q4:How do I know which coins have been completed and which ones have not been completed? Can I see the progress?

A:Currently unavailable, there is no corresponding index or tool available

Q5:How do I know if a token has been reissued or modified?

A:Can be queried through a browser https://bitpunks.io/Explorer/Inscriptions, in Search ORC-20 Upgrade, enter the token name to query. After finding the results, it is necessary to check whether they are consistent with the original deployer address at the beginning

Q6:I want to deploy and mint, how should I start?

A:According to the official mint format, it can be minted using the universal mint text tools of unisat or idclub: https://docs.orc20.org/quick-start#2.-mint-orc-20

Tutorial: https://medium.com/@bootoshi/how-to-mint-orc-20-without-a-node-abb49ff52d28

Q7:Where can I buy and sell orc now?

A:OTC only now, take care of the risks

Q8:Are there any wallets supporting orc20?

A:Not yet

Q9:How can I send or transfer orc20 token?

A:Details can be found in official documents https://docs.orc20.org/quick-start#3.-send-orc-20, please note that the transfer of orc20 is completely different from that of brc20

Q10:What is the difference between orc20 and brc20?

A:You can see the detailed differences here https://docs.orc20.org/#concept-of-orc-20

The differences in data can be seen in Dune chart https://dune.com/ordinalstats/orc-20 https://dune.com/cryptokoryo/brc20

The corresponding interpretation can be seen from this: https://twitter.com/ohxiyu/status/1653947199754240003 (中文) https://twitter.com/Cirus001/status/1653855233301446657(英文)

III Future Development of Orc20

Currently, there are still many missing issues that need to be addressed

  1. There should be a tool that can check the progress of mints to see if a token has been minted, such as orc. This consensus is set by the official

  2. To have an indexing tool that can check whether an inscription is valid, the main thing is to see if the inscription is valid. For example, the validity of orc is officially determined, but others are currently unknown

  3. To have wallet support, the main function is to parse balances and transfer funds

  4. To be able to facilitate transactions, such as corresponding on chain markets and subsequent CEX support

Among the above questions, 1 and 2 are the most important because they are related to the subsequent ecological development. Of course, brc20 is also coming step by step. Let's see if orc20 can receive community support

Please follow Twitter:@acelab0

https://twitter.com/acelab0

ORC20 Early Builders Telegram: http://t.me/ORC20OG