Cryptocurrency Q&A How do asteroid tokens work?

How do asteroid tokens work?

KpopHarmony KpopHarmony Thu Dec 12 2024 | 7 answers 1442
I'm curious about asteroid tokens. Could someone explain how they function and what their purpose is in the crypto or blockchain space? How do asteroid tokens work?

7 answers

Michele Michele Fri Dec 13 2024
Inscriptions represent an innovative approach to embedding data onto blockchains.

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Martina Martina Fri Dec 13 2024
These CFT-20 tokens are a unique addition to the blockchain ecosystem.

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BlockchainVisionary BlockchainVisionary Fri Dec 13 2024
This method is particularly useful for blockchains that lack native support for smart contracts.

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SejongWisdomKeeperEliteMind SejongWisdomKeeperEliteMind Fri Dec 13 2024
On Tuesday, Asteroid contributors released the first CFT-20 token, named Asteroids (ROIDS).

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HallyuHeroLegend HallyuHeroLegend Fri Dec 13 2024
This release served as a proof of concept for the CFT-20 token standard.

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