Table of Contents:

· Third-party service provider accuses "main player", latter responds with community support

· Atomicals Market has previously had multiple instances of "zero-dollar purchases"

On November 24th, the Bitcoin ecological protocol Atomicals Protocol (@atomicalsxyz) officially appeared and publicly confronted the unofficial third-party trading market Atomicals Market (@atomicalsmarket) and its affiliates (@BRC20Coins), sparking community discussions.

It is worth noting that Atomicals Market has previously had several "zero yuan purchase" incidents, but it did not provoke a response from Atomicals Protocol. According to BlockBeats observations, this is the first time that Atomicals Protocol has publicly responded to disputes with third-party trading markets.

And the trigger for the official counterattack by Atomicals Protocol this time was due to Atomicals Market's previous accusations of problems and defects in Atomicals Protocol.

Third-party service provider accuses "the main player", the latter responds with community support

Specifically, Atomicals Market accused Atomicals Protocol on the morning of November 24th of negligence in using SIGHASH_NONE for signature, putting users in danger: "Recently, a flaw was discovered in Atomicals Protocol's PBST, causing users to lose $ATOM tokens and unable to receive payment for these tokens."

Soon, Atomicals Protocol officially responded, not only publicly declaring that they have no affiliation with Atomicals Market or any other wallet, market, or project, but also stating that their protocol does not have any of the issues mentioned by Atomicals Market.

Firstly, Atomicals Protocol stated in the update that Atomicals Market is lying and that the ARC20 PBST exchange is not flawed.

Atomicals Protocol represents "It is difficult to understand why someone would first propose such an argument to evade responsibility. On the other hand, Atomicals Market shamelessly made such reckless lies, shamelessly attempting to evade their own negligence responsibility."

Meanwhile, Atomicals Protocol believes that even if there are issues with Atomicals Protocol, it is unacceptable for Atomicals Market to use SIGHASH_NONE signature, as this is equivalent to using another, less secure method, which would obviously result in user funds being stolen.

Secondly, Atomicals Protocol also apologizes to the deceived users.

Atomicals Protocol states that they had warned Atomicals Market from the beginning to "not use SIGHASH_NONE as it would lead to funds being stolen". However, Atomicals Market knew that they had rushed their product to market and violated basic security practices.

"We know that losing funds can be devastating and can cause all parties involved to lose trust. Any Bitcoin-related service must prioritize user safety and not compromise their security and trust."

Finally, Atomicals Protocol also includes the steps for securely executing PBST exchanges.

Step 1: The seller signs the second input and second output containing ARC20 Atomical to receive the payment amount. The seller uses SIGHASH_SINGLE signature | ANYONECANPAY to allow the buyer to add their funding input later, as well as the receiving address for the purchased ARC20 tokens.

Step 2: The buyer adds their funding input in the first input and adds the first output to receive the ARC20 tokens they want to purchase. Use SIGHASH_ALL signature to make the buyer commit to all inputs and outputs.

Transactions can be safely broadcasted, and upon completion of the transaction, the seller guarantees receipt of payment while the buyer guarantees receipt of the ARC20 they purchased.

This incident has sparked a lot of discussion in the community. According to BlockBeats observations, many community members have commented below the updates on Atomicals Market, clarifying the relationship between Atomicals Protocol and Atomicals Market. In the previous clarification post by Atomicals Protocol, many community members also expressed their support.

At the same time, Bitcoin OG, community KOL, and loyal supporter of Atomicals Protocol, BRC 20 Bai Cai (@Ca1aba93), also retweeted Atomicals Protocol's clarification post and once again stated that Atomicals Protocol has not officially released any wallets, markets, or other infrastructure.

This is the translation of the content:

Behind this incident, the issues of Atomicals Market are more worthy of attention.

On the evening of November 14th, @Ca1aba93 posted on social media stating that Atomicals Market may have a "malicious BUG" and urged users to cancel all orders on Atomicals Market. Subsequently, @Ca1aba93 continued to post that a strange "zero-dollar purchase" incident occurred on Atomicals Market.

Related reading: "ATOM trading sees "zero-dollar purchase" on Atomicals Market, sparking controversy."

According to BRC20 Baicai, a bid for Wubi on Atomicals Market was bought by a transaction without any cost other than the transaction fee. The transaction was also displayed on the market. However, the buying address was an empty address and the time of the Wubi transaction was inconsistent. "According to the description of all the owners of the 5 damaged addresses, all stolen $ATOM were listed for sale on Atomicals Market and then were 'zero-dollar purchases'." The purchase was made through this transaction.

On November 21st, Atomicals Market encountered problems again. WangFeng, the founder of Element and LK Venture, pointed out that "operating a market for trading brand new BTC assets in this way is very dangerous. There are some design issues with Atomicals Market's product."

But perhaps no one expected that Atomicals Market would shift the blame for this incident onto the "real culprit" Atomicals Protocol. What response will Atomicals Market have in the future, and will Atomicals Protocol take more measures to respond to accusations that are unrelated to itself? BlockBeats will continue to follow up.

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