TechFlow reports that GeniiData, a cryptocurrency market data analytics platform, has partnered with OrcDAO to launch the ORC-20 Index, aiming to provide a more comprehensive data and analysis platform for the crypto market.
The Index primarily includes the following features: displaying deployment details of ORC-20 tokens, such as maximum supply, current minting status, and upgradability; providing holder information for ORC-20 tokens; recording transaction histories and enabling verification of transaction statuses.
Reportedly, the ORC-20 protocol is an upgrade to the BRC-20 protocol, designed to enhance security and flexibility, support broader data formats, and adopt the UTXO model to prevent double-spending. With the launch of the ORC-20 Index, users can more conveniently access and analyze cryptocurrency market data, thereby making better-informed investment decisions.
