What exactly is NAT, born out of the DMT theory?

Uncovering the True Meaning of NAT A Product of the DMT Theory

Before understanding NAT, we need to clarify some knowledge.

DMT Theory: DMT theory (Digital Matter Theory) refers to the theory of digital matter, which means users can create a valuable digital form by using the inherent patterns existing in the data. Since the Bitcoin blockchain represents transactions between users, and information from many fields is permanently recorded and stored in a decentralized and secure distributed ledger, developers can use the principles of DMT to create a new type of digital value.

Currently, DMT has three characteristics in the Bitcoin ecosystem:

1. Ordinal theory: Due to the existence of ordinals, each satoshi in the BTC ecosystem is allocated a unique ID, and anyone can create digital assets on top of that ID, which is what we commonly refer to as engraving.

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2. Rarity: Sats located in unique positions on the Bitcoin blockchain are considered rare, similar to scarce NFTs, and what is engraved on them is often more valuable.

3. Bitmap theory: Each block on Bitcoin is recognized as digital real estate in a region.

With our understanding of DMT theory, let’s take a look at NAT. NAT is an application based on DMT theory, and anyone can create NAT on the Bitcoin ecosystem, and the token parameters are determined by referring to the engraving of .element. Whether it is engraved in the form of FT or NFT, it is a hybrid token model. The number of tokens represented by each block is different.

In the following figure, it represents NAT that can be engraved with 10 units.

When “blk”: 2 is mentioned, it means that users can engrave 1000 NATs. The minting blocks 1 and 2 are two unique non-fungible engravings that record separate accounting units for the basic fungible “satoshi” NAT.

Each block has a different number of bits. The number of bits correspond to the actual amount of tokens the user engraves in the corresponding block.

For example, if a user writes NAT into blocks 817,824, then they will receive 386,161,170 NAT tokens. And if the user has 817,824.bitmap, they can also engrave 386,161,170 BMT tokens.

To participate in the NAT minting process, users can use the following methods:

1. Deploy the engraving directly. Open a wallet or trading market in the BTC ecosystem, such as Ordinals Wallet. Search for natmap and complete the engraving process.

In Natmap, there are three colors of expression: orange represents unavailable/listed, black represents available, and green represents tokens that have been engraved and are for sale.

Each black square contains a number, which is the block ID, and each ID corresponds to a certain number of tokens.

2. For existing projects like Bitmap, users who hold Bitmap can obtain NAT minting permission by using the parent-child engraving mechanism (creating a child engraving under this engraving).

Overall, NAT is currently in its early stages of popularity compared to other hot projects like Ordi and Bitmap, but its underlying logic is quite pioneering. This means that any data-based feature can be used to create assets, apart from just block height. From the current perspective, this has a driving effect on stimulating the vitality of the Ordinals and BRC-20 ecosystem.

Lastly, for more information about NAT, you can refer to @TheBlockRunner’s content on X blogger.

Link: https://twitter.com/TheBlockRunner

If you want to participate in NAT’s engraving, you can access it through the Ordinals Wallet.

Link: https://app.vedao.com/projects/e52eef6338124e1cf06a56ac73fedcc7491ba993d9feb0f48d005fde6c66de94

Or the Unisat Wallet.

Link: https://app.vedao.com/projects/2f30ec346165c7b7d28e2ce1785b5a5fe12ea0a0ae017826019f795c6a65cc5e

Currently, since the project is still in its early stages, most user behaviors are focused on engraving based on domain name logic. In the total of 817,999 blocks, some numbers ending in 0, 5, or others like 666, 888 have already been engraved. Additionally, the token has not yet been launched, so the current scenario is relatively scarce. However, due to the concept being quite innovative and the engraving difficulty and cost being low, interested users can try engraving a few for self-defense.

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