BRC-20 token development is typically based on the Bitcoin blockchain. The BRC-20 token standard is a new standard that was created to allow for the creation of fungible tokens on the Bitcoin blockchain. BRC-20 tokens are similar to ERC-20 tokens, which are the most common type of token on the Ethereum blockchain. However, BRC-20 tokens do not use smart contracts, which are used by ERC-20 tokens. Instead, BRC-20 tokens use a script file stored on the Bitcoin blockchain to assign tokens to individual satoshis.
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