The cryptocurrency realm has transformed with BRC-20 tokens, a groundbreaking standard on the Bitcoin blockchain. Beyond peer-to-peer transactions, it enables tokenization and decentralized finance. Exploring BRC-20 tokens reveals their inception, attributes, advantages, limitations, and potential influence on digital assets.

BRC-20 tokens, fungible digital assets on the Bitcoin blockchain, are unique for being inscribed onto Bitcoin's satoshis using JSON code. Originating in March 2023 by Domo, a mysterious blockchain analyst, they stem from Bitcoin's Taproot upgrade in November 2021, enhancing data capacity.

Leveraging the Bitcoin Ordinals protocol, BRC-20 tokens employ JSON data inscription for deploying, minting, and transferring tokens within the Bitcoin network, facilitating the creation and transfer of fungible tokens like Ordi, Vmpx, and Pepe.

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