Bitget Wallet Enhances BTC Ecosystem Support with ARC-20 Inscription and Lightning Network Integration

Victoria, Seychelles, February 8th, 2024, Chainwire

The world-leading Web3 trading wallet, Bitget Wallet, has announced the support of ARC-20 inscriptions and integration of the Bitcoin Lightning Network in its latest version, further bolstering its support for the Bitcoin ecosystem.

ARC-20 Inscription

In its latest app version, Bitget Wallet now supports ARC-20 inscriptions, enabling users to inscribe ARC-20 inscriptions and check market trends. Bitget Wallet is committed to enhancing the mobile user experience and will continue to expand support for ARC-20 inscriptions. While most ARC-20 inscription products are primarily designed for PC use, Bitget Wallet prioritizes a seamless mobile experience, focusing on delivering products and services that allow users to easily inscribe anytime, anywhere.

Recognizing the value consensus and potential development of Bitcoin and its derivative assets, Bitget Wallet previously supported BRC-20 assets, offering features such as asset display, transfers, market trends for BRC-20, and launching GetScribe tools. Supporting ARC-20 inscriptions will help address challenges like infrastructure gaps, limited public understanding, and high entry barriers, fostering the development of the inscription’s ecosystem.

ARC-20, much like the widely-discussed BRC-20 in the blockchain community, boasts unique technical advantages. However, it faces challenges such as incomplete infrastructure, limited public awareness, and a relatively high entry barrier. As a Web3 wallet with 15 million users, Bitget Wallet is committed to offering convenient and user-friendly products and services. The integration of ARC-20 support is expected to address these issues and contribute to the development of the inscription’s ecosystem.

In addition to Bitget Wallet, Bitget Exchange actively supports the inscription ecosystem, combining decentralized and centralized strategies to provide services for users. Users can engage in inscription, viewing, and transferring on Bitget Wallet, participate in new asset Launchpad, and then trade inscription assets on Bitget Exchange.

Embracing the Lightning Network, Recognizing Growth Potential

Bitget Wallet also maintains focus and support for Bitcoin Layer 2 solutions like the Lightning Network.

The latest version enables users to create Bitcoin Lightning Network accounts, generating email-style…