News with the tag "Bitcoin BRC"

What are BRC-20 Tokens? BRC-20 tokens are a novel standard on the Bitcoin blockchain, BRC-20 tokens were inspired by Ethereum’s ERC-20. Like Ethereum’s ERC-20 strands for Ethereum Request for Comment, BRC-20 also strands for Bitcoin Request for Comment. BRC-20 tokens allow the creation, minting, tra...

On-chain data shows that Bitcoin taproot utilization has sharply surged recently as BRC-20 tokens like Pepe Coin have exploded in popularity. Bitcoin Taproot Utilization Has Crossed The 43% Mark Recently As pointed out by Rafael Schultze-Kraft, the co-founder of the on-chain analytics firm Glassnode...