I'm trying to figure out which chain the BRC20 belongs to. I've heard of different blockchain networks and tokens, but I'm not sure which one BRC20 is associated with. Can someone clarify this for me?
7 answers
IncheonBeautyBloomingRadianceGlow
Sat Nov 23 2024
The minting of these tokens operates on a first-come-first-served basis, ensuring fairness and transparency in the distribution process.
Michele
Sat Nov 23 2024
Unlike many other cryptocurrencies, BRC20 does not support smart contracts, which sets it apart from other blockchain-based projects.
GinsengBoost
Sat Nov 23 2024
BRC20 represents an experimental meme token that has been minted specifically on the
Bitcoin chain.
Daniele
Sat Nov 23 2024
The absence of smart contracts simplifies the system and reduces complexity, potentially making it more user-friendly.
CryptoVisionary
Sat Nov 23 2024
The process of deploying these tokens onto the chain utilizes the ordinals protocol, which allows for a unique and innovative method of distribution.