Difference between revisions of "Template:BSQ Token Intro"

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A BSQ token is a '''coloured coin''' on the Bitcoin blockchain. A single BSQ token is defined to be 100 satoshis with some additional properties that identify it as BSQ in Bisq software.  
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A BSQ token is a '''colored coin''' on the Bitcoin blockchain. A single BSQ token is defined to be 100 satoshis with some additional properties that identify it as BSQ in Bisq software.  
  
 
Outside Bisq, a BSQ token just looks like a few satoshis. But on Bisq, the additional properties have the following results:
 
Outside Bisq, a BSQ token just looks like a few satoshis. But on Bisq, the additional properties have the following results:
  
 
* the satoshis take on the market value of a BSQ token
 
* the satoshis take on the market value of a BSQ token
* the owner of the satoshis is endowed with power to participate in various Bisq governance functions
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* the owner of the satoshis is endowed with power to participate in various Bisq [[Introduction to the DAO|governance functions]]
  
You can learn the basics of coloured coins [https://youtube.com/watch?v=xQTNigsrlO4 in this 3-minute video] or see a longer treatment of the topic [https://www.youtube.com/watch?v=68_DU1c0Cac in this interview]. Technical details of BSQ tokens are available [[Bisq_DAO_technical_overview|in this document]].
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Technical details of BSQ tokens are available [[Bisq_DAO_technical_overview|in this document]].

Latest revision as of 03:59, 22 April 2025

A BSQ token is a colored coin on the Bitcoin blockchain. A single BSQ token is defined to be 100 satoshis with some additional properties that identify it as BSQ in Bisq software.

Outside Bisq, a BSQ token just looks like a few satoshis. But on Bisq, the additional properties have the following results:

  • the satoshis take on the market value of a BSQ token
  • the owner of the satoshis is endowed with power to participate in various Bisq governance functions

Technical details of BSQ tokens are available in this document.