Understanding the BRC-20 Standard The BRC-20 standard represents an innovative type of experimental token utilizing the Bitcoin’s Ordinals protocol, which facilitates the minting, deployment, and transfer of fungible tokens. This standard was established in March 2023 by the mysterious developer Domo. The Nature and Characteristics of BRC-20 Tokens As a fungible token, BRC-20 tokens are both divisible and non-unique. They do…