Cryptocurrency Q&A What is the difference between brc20 and src20?

What is the difference between brc20 and src20?

GeishaWhisper GeishaWhisper Thu Nov 14 2024 | 5 answers 995
I'm trying to understand the distinction between brc20 and src20. Could someone explain the main differences between these two terms or concepts? What is the difference between brc20 and src20?

5 answers

Daniele Daniele Fri Nov 15 2024
The blockchain technology underlying BRC-20, DRC-20, and SRC-20 tokens varies significantly.

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SumoHonorable SumoHonorable Fri Nov 15 2024
On the other hand, SRC-20 tokens are created using the STAMPS protocol. STAMPS is a different protocol that offers its own set of features and benefits for creating tokens on the Bitcoin blockchain.

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Chiara Chiara Fri Nov 15 2024
Both BRC-20 and SRC-20 tokens share a common ground, which is the Bitcoin blockchain. This means that their transactions and validations are handled by the Bitcoin network.

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DigitalDynasty DigitalDynasty Fri Nov 15 2024
In contrast, DRC-20 tokens operate on the Dogecoin blockchain. Dogecoin, known for its meme-inspired origins, has a different set of rules and protocols compared to Bitcoin.

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Michele Michele Fri Nov 15 2024
When it comes to the creation of these tokens, there are also differences. BRC-20 tokens are created using the Ordinals protocol. This protocol allows for the creation of unique and non-fungible tokens on the Bitcoin blockchain.

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