Introduction

Bitcoin is a permissionless system.

Anyone can have a private key easily, accept and hold other people’s bitcoins, and transfer bitcoins to others. No one can stop you from doing these things. This is Bitcoin freedom.

The same goal must be achieved in the Bitcoin Token project.

In the previous article, we explained the technical principles of how the Bitcoin wallet supports Token and how to place an order transaction. The CUP Token protocolopen in new window is designed based on this very intuitive and easy-to-understand principle. ChainBow Walletopen in new window implements the Token protocol.

The CUP Token protocol is open source. Anyone can create and modify their wallet based on this protocol to support the sending and receiving of Tokens. No centralized person or organization prevents you from doing this. Wallet ChainBow, as the first product to implement this protocol, is briefly introduced as follows:

# Introduction

Introduction