Difference between revisions of "Template:BSQ Token Intro"
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Latest revision as of 20:40, 6 April 2021
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.
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
You can learn the basics of coloured coins in this 3-minute video or see a longer treatment of the topic in this interview. Technical details of BSQ tokens are available in this document.
