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Unisat Wallet alert users on Atomicals incompatibility

Published

4 months ago

January 4, 2024

Considering compatibility concerns, UniSat Wallet has urged all users on version 1.1.x to swiftly upgrade to version 1.2 and refrain from receiving Atomicals. Unisat said that It has come to their attention that UniSat Wallet version 1.1 is incompatible with Atomicals.

UniSat Wallet version 1.2, which was introduced at the end of last year, is an important upgrade from version 1.1, as it introduces support for Atomicals.

To address any inconvenience faced by users, Unisat noted it will provide compensation for Atomicals that were burnt due to performance issues with the official indexing service over the past two days.

It added that users affected by this glitch are encouraged to seek further assistance by reaching out to the support team on Discord.

The UniSat is an open-source Chrome extension designed for the Bitcoin ecosystem. It allows users to store and transfer Ordinals NFTs (non-fungible tokens) and BRC-20 tokens, which are fungible tokens compatible with the Bitcoin blockchain.

The wallet is non-custodial, meaning it does not store users’ private keys on its servers, keeping the private key secure on the client-side, similar to MetaMask.

Users can inscribe NFTs on the Bitcoin blockchain, mint and transfer BRC-20 tokens, and verify the wallet’s entire process logic in the publicly distributed wallet source available on the UniSat Github repository.

The Atomicals protocol is a huge advancement in the tokenization standard on the Bitcoin blockchain. It aims to solve problems faced by Bitcoin creators, such as proprietary APIs, vendor lock-in, high costs for developers, and different views of on-chain data.

Atomicals can be used for organizing digital objects, creating event feeds, social networks, tokenizing assets, and decentralized name systems.

The protocol allows for the tokenization of everything in the world, providing a decentralized standard indexer and avoiding negative cursed inscription numbers.