銘文復興還是重新出現？

Original: Odaily Planet Daily

原始：odaily星球每天

Author: Golem

作者：魔像

Is Inscription, which once stood at the starting point of this bull market, about to be revived?

曾經在這個牛市的起點站立的銘文是否即將復活？

In the recent downturn in the overall market, sluggish altcoin market, and lifeless Meme "junk market", a new inscription protocol HRC-20 on the BRC-20 and L1 rising star Hyperliquid chain has attracted attention in the community.

在整個市場最近的低迷，緩慢的山寨幣市場和毫無生氣的模因“垃圾市場”中，BRC-20和L1 Rising Star Hyplipliquid鏈的新題詞協議HRC-20引起了社區的關注。

The total amount of BRC-20 "truck" token MASK, which needs to be minted 2.1 million times (10 per token), once raised the Bitcoin network gas to 14 satoshis/byte on the evening of February 23. It is one of the few "inscription trucks" that have the hope of being minted in the past few months and has a number of addresses exceeding 10,000. (Odaily Note: Inscription trucks refer to BRC20 tokens that require too many times of minting and require a lot of money and time.)

BRC-20“卡車”令牌面具的總金額需要鑄造210萬次（每張令牌10次），一旦將比特​​幣網絡氣體升高至2月23日晚上14 satoshis/byte。很少有“銘文卡車”希望在過去的幾個月中被鑄造，並且地址超過10,000。 （odaily注意：銘文卡車是指BRC20令牌，需要太多的鑄造，需要大量的錢和時間。）

At the same time, the first HRC-20 token HYPI on Hyperliquid L1 was minted at 5:00 on February 21, with a total of 21 million tokens, which took 5 hours to mint. The official has spent $109,154.01 to bid for the Hyperliquid spot trading quota, and opened trading at 5:00 this morning, and launched the corresponding packaged asset wHYPI on the Hyperliquid spot trading market.

同時，在2月21日5:00將HRC-20的HRC-20代幣Hypi鑄造為鑄造，總計2100萬個令牌，花了5個小時才到薄荷。這位官員已經花了109,154.01美元來競標超級流利的現貨交易配額，並於今天早上5:00開業，並在超流利的現貨交易市場上推出了相應的包裝資產Whypi。

Inscription revival or a reappearance?

銘文復興還是重新出現？

The growth of short-term FOMO sentiment often creates illusions for people who are in it.

短期FOMO情緒的增長通常會給其中的人帶來幻想。

MASK's popularity comes and goes quickly

面具的受歡迎程度來了很快

The deployment time of the BRC-20 token MASK is March 10, 2023. Even at the peak of the BRC-20 inscription, it has not been minted, and some players were trapped at the highest position with a minting rate of 30 satoshis/byte last year.

BRC-20代幣面具的部署時間是2023年3月10日。即使在BRC-20銘文的頂峰，它也沒有被鑄造，有些玩家被困在最高位置，造成30 satoshis/ satoshis/ satoshis/ satoshis/去年的字節。

Why is the "old antique" popular again? There are two kinds of speculations circulating in the community. One is that MASK is really a "miner conspiracy", where miners cast a large number of MASKs to create an illusion of prosperity on the chain, making players FOMO and earn more Bitcoin fees; the second speculation is that MASK is a new "inscription ground promotion", which relies on the "mysterious oriental power". No matter which one it is, as long as it can bring continuous traffic and popularity to the inscription, it is a good thing.

為什麼“舊古董”再次流行？社區中有兩種猜測。一個是面具確實是“礦工陰謀”，礦工在那裡施放了大量的面具，以在連鎖店造成繁榮的幻想，使球員富有富裕和賺取更多的比特幣費。第二個猜測是面具是一種新的“銘文促銷”，它依賴於“神秘的東方力量”。無論它是哪一個，只要它可以為銘文帶來持續的流量和知名度，這都是一件好事。

On February 23, the MASK minting progress reached 70%, and the unit price of MASK in the OKX inscription market was $0.3. It was originally thought that MASK would be minted on February 24 and continue to push up the price due to community sentiment, but the MASK enthusiasm faded faster than expected. As of today (February 25), its progress has only reached 88%, and the unit price of MASK has fallen to $0.1. Looking back at the price on February 23, it was already the peak.

2月23日，面具鑄造的進度達到了70％，OKX銘文市場中面具的單位價格為0.3美元。最初認為，面具將在2月24日鑄造，並因社區情緒而繼續推高價格，但面具的熱情逐漸消失了，比預期的要快。截至今天（2月25日），其進度僅達到88％，面具的單價下降到0.1美元。回顧2月23日的價格，這已經是頂峰了。

Maybe MASK will eventually be minted, but the final outcome will most likely be the same as the inscription truck eorb, which also has 2.1 million copies, and it will gradually disappear.

也許面具最終將被鑄造，但最終結果很可能與銘文卡車Eorb相同，該銘文也有210萬份，並且它將逐漸消失。

HRC-20 performance falls short of expectations

HRC-20性能沒有達到預期

HRC-20 is a homogeneous token standard launched by the inscription protocol HPS Protocol on Hyperliquid L1. HPS Protocol introduced the concept of Hyperscriptions on Hyperliquid L1 and HyperEVM. HYPI is the first officially issued HRC-20 token and the only HRC-20 token currently, with 2231 holding addresses.

HRC-20是由銘文協議HPS協議在Hyperliquid L1上啟動的同質令牌標準。 HPS協議介紹了超流動L1和HypereVM的超級分類概念。 HYPI是第一個正式簽發的HRC-20令牌，目前唯一的HRC-20代幣，有2231個持有地址。

Currently, almost all functions of the HPS Protocol platform are unavailable, and users cannot deploy and transfer HRC-20 tokens independently. Therefore, in order to quickly start trading, HPS Protocol chose to first list HYPI's wrapped asset wHYPI on the Hyperliquid spot trading market. The address holding HYPI will receive a 1:1 wHYPI airdrop when trading is opened. After the official HRC-20 market is launched, users can directly redeem wHYPI for HYPI, and the total circulation of HYPI and wHYPI will always be maintained at 21 million.

當前，HPS協議平台的幾乎所有功能都不可用，用戶無法獨立部署和傳輸HRC-20代幣。因此，為了迅速開始交易，HPS協議選擇在超流利的現貨交易市場上首先列出Hypi包裝的資產Whypi。打開交易時，Hypi的地址持有Hypi將獲得1：1 Whypi Airdrop。在官方HRC-20市場推出後，用戶可以直接兌換Whypi為Hypi，而Hypi和Whypi的總發行始終將保持在2100萬。

The casting cost of a single HYPI (100 pieces per sheet) is US$2-3. Before it was launched on the Hyperliquid spot market, the highest double-pledge transaction price in the community's over-the-counter market was as high as US$25 per sheet, with an estimated market value of US$5.25 million, which is about 10 times the casting cost.

單個效率的鑄造成本（每張100件）為2-3美元。在超流動現貨市場推出之前，該社區的非處方市場的雙層交易價格最高，每張床單高達25美元，估計市場價值為525萬美元，約為10倍鑄造成本。

I thought that after the launch of Hyperliquid spot market, HYPI, as the first inscription on the Hyperliquid chain, would have

我認為，在超流動現場市場推出後，hypi是超流動鏈上的第一個銘文，它將具有