BRC-20
BRC-20 is a token standard designed for the Bitcoin blockchain, enabling the creation of fungible tokens similar to Ethereum's ERC-20 standard. It leverages ordinal inscriptions and operates within the Bitcoin network, which historically was not built for tokens other than Bitcoin. BRC-20 allows the minting and transferring of tokens on Bitcoin using a specific JSON inscription to define properties like the token's supply and minting process. With the rise of decentralized finance (DeFi) and the need for a more versatile use of Bitcoin's blockchain, BRC-20 introduces new functionalities to Bitcoin beyond simple transactions. While BRC-20 tokens are still in the experimental stage, they signify a shift towards increasing Bitcoin's utility in the decentralized ecosystem.
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What Is RCSC Crypto? Reserve Currency of Socialcom on Solana
RCSC is a Solana-based token designed as a reserve currency for social commerce ecosystems. Learn its tokenomics, market snapshot, risks, and explore RCSC on WEEX.
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of assets deposited or staked in a decentralized finance (DeFi) protocol or blockchain ecosystem, typically measured in a currency like USD.
Centralized Exchange (CEX)
Centralized Exchange (CEX), is a type of cryptocurrency exchange that operates through a central authority or intermediary.
Traditional Finance (TradFi)
Traditional Finance (TradFi) refers to the conventional financial system that operates through centralized institutions such as banks, stock exchanges, and regulatory bodies.
Real-World Assets (RWA)
Real-World Assets (RWA) are tangible or financial assets that exist in the physical world and can be tokenized or represented on a blockchain.
Zero-Knowledge Proofs (ZKPs)
Zero-Knowledge Proofs (ZKPs) are cryptographic methods that allow one party (the prover) to prove to another party (the verifier) that a statement is true without revealing any additional information beyond the validity of the statement itself.
