# What is XRC-20

## The Beginning

The beginning of BRC-20 was marked by a widely recognized [tweet](https://twitter.com/domodata/status/1633658974686855168?s=20), introducing it as an experimental token standard on the Bitcoin network. This initiative aimed to motivate the Bitcoin community to engage with and refine the standard, working towards a collective agreement on optimal practices or determining if the standard was ultimately unproductive. XRC-20 is a derivative of this experiment. &#x20;

## What's Next?&#x20;

The future of BRC-20 and by extension XRC-20 remains uncertain, yet its growth is increasing and accelerating quickly. The Bitcoin mempool is filling up, leading to significant backlogs in transactions, potentially by hundreds or even thousands.&#x20;

Developers continue to create user-oriented features, which, while still basic, are becoming increasingly user-friendly and intuitive. As development progresses and usability improves, the possibilities of what might unfold next are wide open.

XRC-20 marketplace offers inscriptions on the OKT chain and will soon offer inscription trading on multiple networks for users to manage.


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