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Yuga Labs Completes TwelveFold Inscription Transfer Processing Operation

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Yuga Labs Completes TwelveFold Inscription Transfer Processing Operation

It is reported that Yuga Labs announced on social media that the TwelveFold inscription transfer processing operation has been started. Once all inscriptions have been cast on the Bitcoin blockchain, all works will be transferred to the empty receiving address of the auction winner, and a notice will be published on the official website. However, Yuga Labs said that the information submitted earlier showed that 21 TwelveFold receiving addresses were not empty, but TwelveFold works would still be sent to these addresses. Yuga Labs reminded that if the inscriptions were retained with other Bitcoin assets, the inscriptions would be accidentally transferred during the normal use of Bitcoin, so it is recommended to store, hold and transfer the inscriptions safely.

Yuga Labs: TwelveFold legend transfer processing operation started

Analysis based on this information:


Yuga Labs, a technology company, recently announced on social media that they have completed the TwelveFold inscription transfer processing operation. The company stated that they have cast all inscriptions on the Bitcoin blockchain and that all works will be moved to the empty receiving address of the auction winner. Additionally, a notice will be published on the official website to inform the public of the move.

However, Yuga Labs pointed out that some of the receiving addresses for the TwelveFold works were not empty as previously indicated. Nevertheless, the company’s decision not to change the transfer address indicates that the desired outcome has not been altered. Even with this number of non-empty addresses, Yuga Labs has emphasized that the inscription transfer will still be sent to them.

The company also made a point of warning against retaining the inscriptions alongside other Bitcoin assets. They stated that if users did so, the inscription could be accidentally transferred during the normal use of Bitcoin. As a result, Yuga Labs encouraged users to store, hold, and transfer the TwelveFold inscriptions safely.

The completion of the TwelveFold inscription transfer processing operation is a positive development for Yuga Labs. The announcement suggests that the company has a thorough understanding of the Bitcoin blockchain and is capable of handling sensitive tasks such as inscription transfers. Additionally, the company’s decision to proceed with the transfer of works to non-empty receiving addresses reinforces its commitment to transparency and honesty.

In conclusion, Yuga Labs’ announcement regarding the completion of the TwelveFold inscription transfer processing operation highlights the company’s expertise in the blockchain sector. Moreover, it underscores the need for secure storage, holding, and transferring of inscriptions to preserve them from accidental transfer. This announcement also affirms the company’s dedication to customer service and transparency, which should further enhance the confidence of its clients.

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