What Are The Differences Between BRC20 Tokens & ERC20 Tokens?
If you are a part of the crypto community, then you would have heard about the launch of BRC20 Token, an experimental token standard that holds huge expectations of cryptopreneurs. If you are intrigued to know about it, then this blog will break down all about BRC20 tokens and how they can revolutionize the crypto industry. What Are BRC20 Tokens? BRC standards for Bitcoin Request For Comment. BRC-20 token standard is a Bitcoin blockchain framework that enables developers to create and transfer fungible tokens through the ordinal protocol. This token standard was launched on March 2023 by an unknown analyst known as Domo. Despite being an experimental standard, BRC20 is based on Bitcoin’s network, the most well-established and secured blockchain. Hence BRC20 has gained massive popularity among the huge crypto fan base. Comparison Between BRC20 Token And ERC20 Token Since the BRC20 token standard rhymes with the popular ERC20 token standard, a question is revolving among crypto ent...