How Do Our BRC-20 Tokens Work?
The BRC-20 token is an innovative on-chain token operating on the ordinal protocol, utilizing Bitcoin’s smallest denomination, Satoshi (Sat), to store data within each unit. Our BRC-20 token development company harnesses the proof of work (PoW) consensus mechanism and JSON data programming to enable efficient storage of extensive data directly on the blockchain.
Bitcoin’s Ordinal protocol introduces a unique concept where data is added with every transaction on the blockchain, facilitating the creation of BRC-20 tokens. Each Satoshi is assigned a sequential number based on the order of token mining. By leveraging ordinal theory, we embed various forms of data, such as images, text, or videos, into these numbered units during transactions.