The Experimental Fungible Tokens BRC20
So earlier on today I came across a post which writes about the experimental launch of the BRC20 fungible tokens, the BRC20 tokens which is said to be stored on bitcoin base chain. The BRC tokens which was first outlined last year makes us of the ordinals protocols which was said to have fueled the value of the king cryptobitcoinduring the first quarter of this year.
In the write which says the tokens which has ordinals inscriptions of JSON data which is said to be used in the deployment of contract, minting tokens, and also transferring tokens which was something I haven’t heard before as I always wonder how transactions are executed. Another interesting thing about this tokens is that the project is not run by an anonymous team, as it was recorded that it was created by a twitter user who goes by the name domodata.
For the now the BRC20 fungible tokens can't interact with smart contracts.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
Posted Using LeoFinance Beta