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Why 2024 is the Year of BRC-20 Tokens
Manage episode 394977726 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/why-2024-is-the-year-of-brc-20-tokens.
As the crypto industry continues to evolve, we are seeing the emergence of fungible tokens on other blockchains, with the most recent one being Bitcoin BRC-20.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin, #brc-20, #brc-20-token, #ordinals, #bitcoin-ordinals, #erc20, #ethereum, #defi, and more.
This story was written by: @evanluthra. Learn more about this writer by checking @evanluthra's about page, and for more stories, please visit hackernoon.com.
Bitcoin has fancy new tokens called BRC-20 that lets it do DeFi, NFTs, and more (like Ethereum, but on Bitcoin!). It's still new, but growing fast with advantages like Bitcoin's security and lower fees. Challenges remain with competition and scaling, but the community is strong and passionate. Early adopters and investors could benefit from this potentially groundbreaking technology.
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