


DeGods has seen its previously burned NFTs make a highly anticipated comeback on Bitcoin, with the NFTs officially inscribed on block 776408 and selling out within three minutes.
DeGods Make Anticipated Return on BTC
Lauded NFT collection DeGod’s are the latest to embark on inscribing their NFTs on Bitcoin after a previous burn on Solana saw their 10,000-strong collection depleted by 535.
The team outlined that the NFTs have returned to their rightful home on BTC via inscription on block 776408, and the reaction was considerable with all being sold out within just three minutes.
This week, we will be launching a first-of-its-kind minting experience on Bitcoin.
— DeGods III (@DeGodsNFT) March 16, 2023
535 DeGods. Public mint. First come, first serve.
This is how you can prepare for the mint 🧵 pic.twitter.com/WGdd89hK36
As we move into a period of anticipation for BTC NFTs, the DeGods team have been strategic in regard to the timing of the development.
The reaction has been increasingly positive with the metrics underlining not only the dedicated community behind the project but also a sincere belief that BTC NFTs represent a significant market opportunity.
DeGods are #1 in 24 hour volume on Bitcoin. pic.twitter.com/drhPnfq7gO
— DeGods III (@DeGodsNFT) March 19, 2023
The metrics told their own story upon deployment as DeGods BTC NFT volume skyrocketed, more than quadrupling the volume of all other ordinals.
Users have been quick to highlight their excitement on Twitter with OG DeGods holder @JustBluishxd lauding a trade he had recently carried out, exchanging his Solana based NFTs for the all new BTC offering.
It's like 1am in the morning, but had to get this amazing deal done, and write history today with @DeGodsNFT Ordinals! It was pain letting that OG Carlos Radio go, but what has to be done, has to be done, 6 Sick Ordinals, and 7 Grail DeGods Aquired! Appreciate the deal @0xKDOT <3 pic.twitter.com/mbG0TDMDhT
— JustBluish X+ (@JustBluishxD) March 20, 2023
Many are opting to take a similar route of departing with their original Solana NFTs for that of a brighter future on BTC. We’ll be keeping close tabs on how the development impacts the DeGods project, and indeed the developing story around all BTC ordinals.
About DeGods:
DeGods was originally a Solana-based NFT project made of 10,000 deflationary PFP NFTs. The DeGods NFT collection is one of the most popular and valuable NFT collections on the market, and bills itself as Solana’s top NFT collection.
Like other NFT projects, DeGods tries to cultivate an engaged, passionate community, but it is distinctive in that it discourages “flipping” (which is how most NFT traders profit) and instead encourages investors to HODL their DeGods NFTs.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Guardians of Privacy: How ZK Technology Can Transform NFTs for the Better

With enhanced security measures and privacy preservation, ZK-powered NFTs offer participants a more inclusive and diverse ecosystem.
Privacy Meets Authenticity
In the world of blockchain technology, privacy, and decentralization are often regarded as essential elements. However, many blockchain networks prioritize consensus algorithms and stability over anonymity and trust. This raises questions about the level of privacy and decentralization offered by blockchain networks.
One of the most promising solutions to address these concerns is Zero-Knowledge Proof (ZKP) technology. ZKP is an encryption system introduced by MIT researchers Silvio Micali, Shafi Goldwasser, and Charles Rackoff in the 1980s. It allows one party (Prover) to prove the truth of a specific statement to another party (Verifier) without revealing any additional information.
ZKP ensures that only the intended recipient (you) can access your secured data, providing higher privacy and security. Zero-Knowledge Proof has emerged as a significant development in the pursuit of improved privacy in the blockchain era.
Meanwhile, NFTs have revolutionized digital ownership by creating a market for unique and indivisible digital assets. These assets range from artwork and collectibles to virtual real estate.
While NFTs have gained immense popularity, concerns about privacy, security, and authenticity persist. This is where Zero-Knowledge (ZK) technology enters the picture, offering a potential solution to enhance the NFT ecosystem.
In this article, we delve into the impact of ZK technology on NFTs, exploring the positive transformations it brings while considering potential drawbacks.
Positive Impact of ZK Technology on NFTs:
Uncompromised Privacy and Security:
Zero-knowledge proof allows individuals to verify their identity without revealing any sensitive information. Using a decentralized identity, users can verify that they are citizens of a country without giving their name or passport number instead of providing identity details.
NFT ecosystems can benefit from unprecedented levels of privacy and security provided by ZK technology. By utilizing zero-knowledge proofs, NFT owners can verify their ownership and authenticity without disclosing sensitive information or compromising their identities.
This privacy enhancement mitigates the risk of fraud and identity theft, fostering trust and confidence among NFT participants. As a result, individuals have more control over their data when using ZKP-based identity protocols.
Anti-Counterfeiting Measures:
Counterfeit assets pose a significant challenge in the NFT ecosystem, threatening the integrity and value of digital assets. However, Zero-Knowledge (ZK) technology emerges as a powerful tool to combat counterfeiting and ensure the authenticity of NFTs.
It serves as a cryptographic mechanism that allows one party to prove the validity of a statement to another party without disclosing any additional data. In the context of NFTs, the owner or creator of an NFT can provide evidence of ownership and authenticity without revealing any details that could be used to counterfeit or replicate the asset.
ZK technology also assists in establishing the provenance and history of an NFT. By utilizing zero-knowledge proofs, creators can demonstrate the creation and ownership of an asset without disclosing confidential information.
Thus, ZK technology can be vital in combating counterfeiting in NFT.
Empowering Efficient Marketplaces:
By leveraging zero-knowledge proofs, ZK technology can enable NFT sellers to verify the validity of their NFT assets while preserving their privacy. The privacy feature is particularly valuable in scenarios where sellers may be high-profile individuals or institutions who wish to maintain confidentiality.
Moreover, ZK-powered NFT marketplaces enable efficient and secure transactions. The technology allows for verifying ownership and the integrity of the NFTs without the need for extensive and time-consuming manual checks.
This mitigates the risk of fraudulent activities, such as double-spending or unauthorized modifications of NFT ownership records. The process saves time and reduces transaction costs, making it easier for buyers and sellers to participate in the NFT market.
Therefore, ZK technology can transform NFT marketplaces, revolutionizing how NFTs are bought and sold.
The current state of zero-knowledge proof, however, presents some challenges as well.
Technical Expertise Barrier with Zero-Knowledge Proof
Integrating ZK technology into NFT ecosystems may impose computational overhead, potentially slowing transaction processing times. Further, the successful integration of ZK technology into NFT platforms demands technical expertise, which may hinder broader adoption among less tech-savvy individuals. Moreover, the intersection of ZK technology and NFTs raises regulatory and legal considerations.
However, ongoing algorithm advancements and optimization techniques aim to mitigate the current challenges, paving the way for smoother operations. Simplifying user experiences and providing intuitive interfaces will be essential to make ZK-powered NFTs accessible to a wider audience. Furthermore, to foster responsible innovation in this space, it is crucial to strike the right balance between privacy, security, and compliance.
Integrating ZK technology within the NFT ecosystem unlocks vast possibilities for enhanced privacy, security, and trust. Through zero-knowledge proofs, NFTs can flourish as a secure and transparent medium for digital ownership. While challenges such as computational demands and accessibility must be addressed.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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