BRC-20 Tokens on $BTC A Parallel Token Ecosystem"
BRC-20 runs parallel to Bitcoin, similar to $ETH smart contract tokens.
Tokens are created by attaching JSON to satoshis through Bitcoin ordinals.
BRC-20 tokens cover minting, distribution, and the Bitcoin network decodes this data.
Minting and spending BRC-20 tokens require a Bitcoin ordinal wallet with a minting limit.
BRC-20 token standard's market cap exceeds $600 million with thousands already minted.
Notable BRC-20 tokens: Ordinal (ORDI) and more! 🔥
