What is XRC-20

Discovering the XRC-20 Universe: A Beginner's Guide to Its History and Fundamentals.

The Beginning

The beginning of BRC-20 was marked by a widely recognized tweet, 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.

What's Next?

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.

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.