About our BRC-20 news
Latest news on BRC-20, an experimental token standard that uses ordinal inscriptions to enable the minting and transfer of fungible tokens on the Bitcoin blockchain. It is similar to the ERC-20 token standard on Ethereum and EVM blockchain networks. BRC-20 tokens are created by attaching a JSON to satoshis through Bitcoin ordinals, with the JSON code bit defining every characteristic of the BRC-20 token including the minting and distribution.
BRC-20 represents a way to create new digital tokens on the Bitcoin blockchain. These tokens can represent anything from virtual currency to assets like property or stocks. BRC-20 tokens are created by attaching information to small units of Bitcoin called satoshis. This information defines the characteristics of the token, such as how many can be created and how they can be used.