BRC-20

BRC-20 is a token standard developed on the Bytom blockchain platform. It is used for creating and managing digital tokens on the Bytom network and is based on Ethereum's ERC-20 protocol. BRC-20 tokens follow the same rules and specifications as ERC-20 tokens, facilitating interoperability with other tokens and ERC-20-compatible platforms.

The BRC-20 standard defines a set of functions and methods that allow for token transfer, approval, and other token-related operations. Some examples of BRC-20 tokens include digital assets created on the Bytom blockchain, which can represent physical assets, stocks, bonds, or other digital securities.

The BRC-20 standard makes it easy to create custom tokens on the Bytom network and provides developers with a common framework for building decentralized applications (dApps) and smart contracts using these tokens. The implementation of BRC-20 promotes the adoption and development of decentralized financial solutions on the Bytom network.