BRC-20 tokens approach $1B market cap

2023-5-8 14:15

Quick Take A total of 14,079 different tokens have been minted using the BRC-20 standard. BRC-20 is a token standard on the Bitcoin blockchain, named after Ethereum’s ERC-20. The idea of BRC-20 is to create fungible tokens via the Ordinals protocol. However, BRC-20 tokens don’t use smart contracts. They require a Bitcoin wallet to mint and trade tokens. There are 14,079 tokens, with a market cap fast approaching $1 billion. The meme coin craze has contributed to a significant rise in transaction fees for miners. Tokens: (BRC-20) Tokens: (BRC-20)

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brc-20 tokens standard ethereum named bitcoin blockchain

Источник: cryptoslate.com

brc-20 tokens → Результатов: 8


BRC-20 developer Domo praises tokens for 6% of Bitcoin activity milestone

In a recent Bitcoin Startup Lab podcast episode, anonymous developer Domo spoke about the origins and future potential of the BRC-20 token standard he created for Bitcoin. Launched on March 8, 2023, BRC-20 tokens, which were developed using ordinal inscriptions of JSON data, are used to deploy token contracts, mint tokens, and carry out other related […] The post BRC-20 developer Domo praises tokens for 6% of Bitcoin activity milestone appeared first on CryptoSlate.

2023-9-19 19:30


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Bitcoin addresses take an extreme nose dive

Bitcoin's record transaction counts due to the rise of BRC-20 tokens have revealed an intriguing anomaly: a negative correlation between transactions and active/new addresses. As these addresses hover around the 365-DMA, it begs the question: what's causing this unusual disconnect between transaction counts and address activity? Find out the hidden factors at play, and uncover how this could impact the future of the crypto market.

2023-5-8 15:30


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