Developer "sinoTrinity" tweeted that a scalable Layer 1 token protocol is highly beneficial for BSV, so they have just launched a UTXO-based Layer 1 token on Bitcoin SV. In response, Twitter user "u/888" noted that BSV already supports OP_RETURN-based token protocols, but the protocol released by sinoTrinity exists entirely within Bitcoin script. It does not require external validation and cannot be accidentally spent due to incorrect wallet or address formats like SimpleLedger tokens. sinoTrinity's contribution is very significant.
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