SHELL TRADE

Connecting #SOLANA and #BRC20

Introduction

Shell Trade is a pioneering protocol designed to seamlessly integrate the liquidity between Bitcoin (BTC) and Solana networks, facilitating fluid asset transfer and interoperability.

Why Bitcoin Network: The BTC network is a decentralized, secure, traceable, and verifiable digital currency network implemented through blockchain technology. It serves as the underlying technological infrastructure supporting the operation of Bitcoin. In March 2023, the BRC-20 token standard was introduced as an experimental token standard that allows for the deployment, minting, and transfer of non-fungible tokens (NFTs) on the Bitcoin blockchain. Within less than a year, the market value of BRC-20 tokens on the BTC network soared to over $2 billion, highlighting its rapid acceptance. Following BRC-20's debut, further enhancements, such as the Atomical and BRC-100 protocols, have gained significant interest. Despite their rapid growth and interest in BRC-20 tokens, the network's limitations in terms of transaction speed, throughput, and smart contract capabilities significantly constrain the practical utility and efficiency of these assets.

Why Solana Network: Solana stands out for its high-performance blockchain infrastructure, optimized for cost-effectiveness and usability. Solana supports a Turing-complete Solana Virtual Machine (SVM) operating environment, and boasts a comprehensive ecosystem with projects in DeFi, NFTs, GameFi, etc., making it an ideal blockchain network for large-scale usage."