


The BRC-20 token standard is fungible, secure, and compatible with the Bitcoin blockchain. However, it has limitations that may limit its adoption in the long run.
TLDR;
- The BRC-20 token standard is a fungible token standard designed for the Bitcoin blockchain, created using the Ordinals protocol.
- Inscriptions are like NFTs made on Satoshis, allowing individuals to have identities and transfer them across transactions.
- BRC-20 tokens are not EVM-compatible and do not support smart contracts, which limits the ecosystem and adoption but provides top-notch security through Bitcoin's PoW mechanism.
- Over 14,000 BRC-20 tokens have been issued, with ORDI, PIZA, MEME, and MOON being the most popular.
The Origin of BRC-20 Token Standard
BRC-20 is one to look out for in the blockchain industry. The fungible token standard designed for the Bitcoin blockchain is the talk of the crypto space, alongside the ongoing memecoin trend.
The BRC-20 token standard was created using Ordinals and Inscriptions, saved on the Bitcoin base chain. Therefore, the token standard originated from creating the Ordinals protocol, which allows users to inscribe any file on-chain on Bitcoin.
When Casey launched the Ordinals protocol in January 2023, he found a way to index every Satoshi and track it throughout the Bitcoin network. Satoshi is the smallest unit of Bitcoin. These Satoshi can be inscribed with arbitrary content, unleashing native Bitcoin digital collectibles or Non-Fungible Tokens (NFT).
In simple terms, Inscriptions are like NFTs made on Satoshis, which are tracked and transferred using ordinal theory, giving individuals identities and allowing them to be shared across transactions. They are as durable, immutable, secure, and decentralized as Bitcoin.
However, Domodata, on March 8, theorized creating a fungible token called BRC-20 with a similar mechanism on the Ordinals protocol. His theory stated that anyone could inscribe JavaScript Object Notation (JSON) onto Bitcoin using the Ordinals protocol to deploy token contracts to mint and transfer tokens. Now, JSON can be inscribed on Satoshis to create tokens that can be traded like other assets.
Is ERC-20 Similar to BRC-20?
Now that you know that BRC-20 tokens are transferable on the blockchain, are they similar to Ethereum’s native token standard? The answer is NO.
The BRC-20 token standard utilizes the Proof Of Work (PoW) mechanism, while the ERC-20 uses the Proof Of Stake (PoS) mechanism.
The significant difference between both networks is EVM compatibility. BRC-20 does not support smart contracts, allowing developers to create different programmable tokens and financial products. However, despite this limitation, the blockchain recently crossed the $6 Billion mark in market capitalization a few months after launch.
According to BSC News’ recent article, over 14,000 BRC-20 tokens have been issued, with the most popular being ORDI, PIZA, MEME, and MOON. ORDI was the first BRC-20 token designed as a meme to unveil the token standard’s potential in the industry.
Benefits and Limitations
The BRC-20 token standard has benefits and limitations. Some of its benefits include fungibility, security, and compatibility. However, it is limited in the sense that it is not EVM-compatible.
While not EVM-compatible, developers cannot access or build a few resources on the network. This could lead to a smaller ecosystem and limited adoption. Meanwhile, there is also a high chance of increased gas fees on the network because BRC-20 consumes valuable block space, including network congestion.
Even with these limitations, Bitcoin’s security is top-notch. Its PoW mechanism makes it difficult for hackers to penetrate, ensuring users enjoy the best experience transferring tokens on the blockchain.
The Bitcoin blockchain is unique because it cannot be used to produce other tokens, unlike the Ethereum Network. The introduction of BRC-20 and Ordinals will eventually pave the way for more possibilities on the Layer-1 blockchain.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Volt Inu Reaches a Huge Milestone with KuCoin Listing the VOLT Token on June 2, 2023

The listing on Kucoin will result in greater visibility, credibility, and accessibility of the $VOLT token to a broader audience.
Volt Inu has made an exciting revelation regarding the upcoming listing of its native token, VOLT, on KuCoin, a prominent player in the crypto exchange industry.
In a recent Twitter announcement, Volt Inu confirmed that VOLT was scheduled to debut on KuCoin on June 2, 2023, at 12:00 UTC.
This listing marks a crucial moment for Volt Inu as it brings numerous advantages, including enhanced credibility and improved accessibility for the VOLT cryptocurrency. Also, the listing on KuCoin comes a few months after the listing on another top-tier exchange, Huobi.
New Listing of VOLT Token on a Top-Tier Exchange
On June 2, 2023, at 12:00 UTC, a momentous launch unfolded, which was accompanied by an electrifying announcement from Volt Inu, the innovative crypto project shaking up decentralized finance, and KuCoin, the fourth CEX in the world, according to CoinMarketCap - the launch of VOLT Token on KuCoin.
The partnership between VOLT Inu and KuCoin represents a significant milestone, offering many benefits for both projects and their respective communities.
KuCoin, renowned for its unwavering commitment to liquidity and stringent project evaluation, is one of the industry's major exchanges. With over 20 million users and counting, the platform's user base represents a vast network of individuals eager to explore and invest in promising digital assets. The listing of VOLT Token on KuCoin grants direct access to this expansive user base, propelling the project to new heights of exposure and potential growth.
By joining forces with KuCoin, VOLT Token gains a powerful ally that shares its vision for a dynamic and thriving digital asset ecosystem.
The exchange's rigorous assessment process serves as a stamp of approval, instilling confidence in the market and attracting key stakeholders. This influx of institutional interest will undoubtedly provide VOLT Token with increased visibility and credibility within the industry.
With an extensive user base across Asia, KuCoin offers a gateway to a thriving market, allowing VOLT to reach a diverse range of investors and enthusiasts.
The listing of VOLT on KuCoin marks a transformative moment for both projects, symbolizing a shared commitment to innovation, accessibility, and growth within the digital asset space. As VOLT embarks on this exciting new chapter, it embraces the prospect of heightened liquidity, increased institutional interest, and expanded market reach.
Alongside this remarkable event, KuCoin unveiled an exhilarating campaign to captivate their users as they stand a chance to win a staggering VOLT prize pool valued at an astounding $40,000!
Volt Inu's Listing on KuCoin Just Months After Debut on Huobi
Let's remember that the momentous launch on KuCoin swiftly followed VOLT's listing on Huobi merely a few months after its successful debut in March 2023.
Since that remarkable moment, Volt Inu has embarked on a relentless journey, consistently offering VOLT Token holders exciting news and captivating developments. This concerted effort has propelled the project's popularity to new heights, eventually culminating in its esteemed listing on KuCoin.
As the project continues to soar, it holds great promise for potential future listings on numerous other prominent exchanges.
Discover Volt Inu
Volt Inu emerged in December 2021 as a trailblazing crypto project disrupting the decentralized finance (DeFi) industry with its groundbreaking offerings. Right from its inception, Volt Inu has garnered widespread acclaim for its innovative approach to supporting deflationary tokens and mechanisms, setting it apart from its counterparts.
The team behind Volt Inu is committed to establishing an inclusive and accessible environment for both emerging and based crypto projects. They have pioneered a permissionless and cost-free listing process, fostering long-term value creation by strategically burning cryptocurrency supplies, thereby instilling deflationary qualities.
Since its launch, Volt Inu has introduced a range of cutting-edge products to the market, including:
- VOLT Token - Serving as the native cryptocurrency of the Volt Inu platform, the VOLT Token offers users many utility-based benefits, enhancing their experience within the ecosystem.
- Voltichange - As a multichain decentralized exchange (DEX), Voltichange simplifies the listing process for existing and future crypto projects. Notably, the platform's nominal trading fees of just 0.5% make every cryptocurrency traded deflationary, amplifying its appeal.
- VDSC - The visually captivating 3D NFT collection, VDSC, exemplifies the creative and artistic prowess of the Volt Inu platform. Apart from being aesthetically stunning, these NFTs provide exclusive access to utilities within the ecosystem, further augmenting their value.
- Volted Racer and VoltIsland - These two thrilling crypto-based games offer players the opportunity to earn rewards through free and paid game modes, adding an exciting dimension to the Volt Inu experience.
- VoltiCard - Blending convenience and usability, the VoltiCard is a prepaid physical and virtual debit card that facilitates seamless everyday transactions, catering to the diverse needs of users.
- VoltiEco - Simplifying airdrops and offering a comprehensive solution for global crypto investors, VoltiEco provides streamlined access to airdrop opportunities, serving as an all-in-one solution.
Stay Connected
Stay connected and informed about Volt Inu's KuCoin listing progress and other exciting opportunities by following Volt Inu on various social media platforms, including Telegram, Twitter, Facebook, Reddit, YouTube, Medium, TikTok, and Instagram.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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