What is BRC-20?

BRC-20 is an experimental fungible token standard for Bitcoin, created by Domo in March 2023, that utilizes ordinal inscriptions instead of smart contracts to enable the creation and transfer of tokens on the Bitcoin blockchain.

Representative Assets of BRC-20

• SATS: SATS is a BRC-20 token introduced via the Bitcoin Ordinals protocol to bring fungible tokens and trading functionality to the Bitcoin network. Unlike Bitcoin’s smallest unit, "sats," SATS is an independent BRC-20 token that supports deployment, minting, and exchange.As a tokenized asset, SATS, alongside ORDI and similar tokens, opens new avenues for Bitcoin ecosystem expansion and feature diversification.
• ORDI:ORDI is one of the first BRC-20 tokens built on the Ordinals protocol, which enables the creation and trading of fungible tokens directly on the Bitcoin blockchain. With a fixed supply of 21 million, ORDI is part of the growing Ordinals ecosystem, highlighting the potential for Bitcoin-based tokenization and new use cases within the network.