SOLs BTC BRC20

SOLs BRC20s

The #SOLs inscription on the #BRC20 was inscribed on May 17, 2023, was one of the early inscriptions, like #Ordinals and #SATS, and was not minted until December 24.

https://www.okx.com/cn/web3/marketplace/ordinals/brc20/sols

#SOLs tokens are only good if they are standard for fungible tokens on the #Bitcoin blockchain. BRC-20 tokens unlock new capabilities for the #Bitcoin network, such as their use in DeFi protocols and blockchain applications.

Bitcoin L2

BRC20

BRC-20 is an experimental token standard based on the Bitcoin network, allowing users to deploy and manage token contracts on the Bitcoin network to achieve the minting and transfer of tokens. It relies on the Ordinals protocol to give the smallest unit of Bitcoin a unique number and annotation, giving it NFT properties. The inscription generated by the Ordinals protocol stores token contract information, such as name, symbol, total amount, and decimal places, etc., thereby realizing the deployment and management of token contracts. BRC-20 realizes the minting and transfer of tokens by adding text information to the Bitcoin transfer information record column.

SOLs It was created on 2023.5.17 with a total of 210,000 pieces.

It predates the birth of SOL and will be a gem on BTC

BRC-20 is a potential and interesting new token standard based on the Bitcoin blockchain.

However, it also faces many uncertainties and challenges. If you are interested, you can learn more about its principles and applications, but be aware of risks and safety.

Please participate with risks you can control, any crypto project has uncertainties that will cause prices to rise and fall. This is not investment advice, keep your money safe.