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Exploring BRC20 Tokens on Bitcoin
This chapter examines the rise of BRC20 tokens on the Bitcoin network, distinguishing them from traditional NFTs and showcasing their potential as fungible token standards. It highlights the rapid market growth of BRC20s and discusses the innovative minting process that encourages user collaboration. The chapter also contrasts BRC20 tokens with ERC20s, analyzing their unique characteristics and the implications for the future of digital assets.