Cryptocurrency Q&A What is BRC-20 in Binance?

What is BRC-20 in Binance?

GeishaCharming GeishaCharming Wed Nov 20 2024 | 6 answers 1116
BRC-20 in Binance refers to a token standard specifically designed for the issuance of homogeneous tokens on the Bitcoin blockchain. It utilizes the Ordinals protocol to inscribe JSON data onto Bitcoin's blockchain, enabling the creation and transfer of tokens without the need for smart contracts. This experimental standard aims to extend Bitcoin's functionality beyond being a mere store of value. What is BRC-20 in Binance?

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