Bitcoin Token Standards

• What Are Token Standards? Token standards are the set of rules, conditions, and functions that dictate how a crypto token works.

• Popular token standards on Ethereum are ERC-20, ERC-223 and ERC-721. Similarly, popular token standards on Bitcoin are BRC-20, BRC-223 and BRC-721.

• What is Bitcoin Request for Comment (BRC)? BRC is essentially a set of technical documents containing guidelines on developing a smart contract.