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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
BRC-20 founder Domo shares the protocol creation process and development highlights.
According to Gate.io News bot, Odaily reported that Domo, the founder of the BRC-20 protocol, recently shared his experience in creating the protocol. Domo revealed that before creating BRC-20, he was mainly active in the Ethereum community and had relatively few connections in the Bitcoin community. He completed the creation of the BRC-20 protocol alone in two days, while he emphasized that redphone made significant contributions during this process.
Regarding the future development of BRC-20, Domo pointed out that the current priority is to ensure the survival of BRC-20 assets. He mentioned that adopting a programmable approach will provide an opportunity for BRC-20 to regain attention, but he also stated, "this is not to say it will definitely succeed."