The move comes amid a 85% drawdown in the market cap of BRC-20 tokens compared to early May.
). Ordinals enable the creation of fungible tokens on top of Bitcoin. Meanwhile, Inscriptions allow users to create unique digital assets on the Bitcoin blockchain. Together, they form the BRC-20 token standard that allows users to deploy, mint and transfer Bitcoin assets.
Unlike the ERC-20 token standard, BRC-20 tokens cannot perform complex functions and are limited to the three aforementioned features. The protocol was created by Twitter user Domo on March 8, 2023. Since then, 34,652 BRC-20 token types have been deployed. In comparison, there be as many as 400 million ERC-20 tokens on Ethereum. Domo has personally stated that the BRC-20 standard is “worthless” and that users should “not waste money mass minting” this “fun experiment."
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Wildfire near Sonoita 85% contained, Arizona 83 reopensThe wildfire has been burning in the Coronado National Forest since Friday afternoon.
Leer más »
‘Back To School’ actor Paxton Whitehead dead at 85Veteran character actor Paxton Whitehead, who was nominated for a Tony for his performance in “Camelot,” died last Friday. He was 85.
Leer más »
Paxton Whitehead, Broadway actor and 'Mad About You' regular, dies at 85, reports sayPaxton Whitehead, a Tony-nominated actor, also had memorable roles on shows like “Friends' and “Frasier.'
Leer más »
‘Back To School’ actor Paxton Whitehead dead at 85Veteran character actor Paxton Whitehead, who was nominated for a Tony for his performance in “Camelot,” died last Friday. He was 85.His son Charles told The...
Leer más »
Paxton Whitehead, 'Friends' and ‘Back to School’ actor, has died at 85Paxton Whitehead, an actor known for a key guest role on “Friends” and his work in the Rodney Dangerfield movie “Back to School,” died at 85, his son tells NBC News.
Leer más »
Variety’s ‘Actors on Actors’ Lands Record-Breaking 85 Million Views on Social MediaIt’s the most wonderful time of the year: “Actors on Actors” season, that is! Season 18 of the beloved Variety series, which celebrates the biggest stars in this year’s Emmys race, reac…
Leer más »