BRC-20 Tokens: How to Create and Transfer Fungible Tokens on Bitcoin

BRC-20 tokens are a new type of fungible tokens that can be issued and transferred on the Bitcoin blockchain. They are based on an experimental protocol called Ordinals, which allows users to embed JSON data into Bitcoin transactions. Unlike other token standards that rely on smart contracts, such as ERC-20 on Ethereum, BRC-20 tokens are stored on the bitcoin base chain and do not require any additional layers or platforms.

In this article, we will explain what BRC-20 tokens are, how they work, and what are their advantages and disadvantages. We will also compare them with other token standards and explore some use cases and examples of BRC-20 tokens.

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