brc-20 examples
Last updated
Last updated
Please understand that this is an experimental standard, and know how it works before testing. Use at your own risk. Examples of balance changing events. Wallets tested with: Xverse.
ordi has already reached its maximum supply, example for demonstration purposes only.
Minter populates mint function with required information
{ "p": "brc-20", "op": "mint", "tick": "ordi", "amt": "1" }
Inscribe the function to your own ordinal enabled wallet taproot address. Make sure not using inscription service that mints to itself first.
You now have 1 "ordi"
Satoshi wallet just an example. Can send to any ordinal compatible taproot address.
Populate transfer function with required information
{ "p": "brc-20", "op": "transfer", "tick": "ordi", "amt": "500" }
Inscribe the function to your own ordinal enabled wallets taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Send the inscription from your wallet to Satoshi's ordinal enabled wallets taproot address (if he had one).
Satoshi now has 500 "ordi"
Do not recommend trading until trusted balance state index tool is available. As it stands there is no easy way of accurately checking if the seller has a valid balance. Escrow trust/error risks should also be considered.
Seller populates transfer function with required information
{ "p": "brc-20", "op": "transfer", "tick": "ordi", "amt": "250" }
Seller inscribes the function to their own ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Seller sends the inscription from their wallet to the escrows taproot address.
Escrow checks balance state index tool to check their wallet has a valid balance
Buyer sends 1 sat to escrows bitcoin address
Escrow now has 1 sat and 250 "ordi"
Escrow populate transfer function with required information
{ "p": "brc-20", "op": "transfer", "tick": "ordi", "amt": "250" }
Escrow inscribes the function to their own ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Escrow sends the inscription from their wallet to the buyers taproot address.
Escrow sends 1 sat to sellers bitcoin address
Buyer now has 250 "ordi"
Do not recommend trading until trusted balance state index tool is available. As it stands there is no easy way of accurately checking if the emblem vault has a valid balance.
Seller populates transfer function with required information
{ "p": "brc-20", "op": "transfer", "tick": "ordi", "amt": "250" }
Seller inscribes the function to their own ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Seller creates emblem vault and populates title / description with transfer function details
Seller mints the emblem vault
Seller sends the inscription from their wallet to the emblem vaults taproot address.
Emblem vault now has 250 "ordi"
Seller lists emblem vault for 1 wei
Buyer checks balance state index tool to check if emblem vault has valid balance
Buyer buys emblem vault for 1 wei
Buyer now has control of emblem vault. If buyer wants to move balance from emblem vault, buyer unlocks vault.
Buyer imports private keys to an ordinal compatible wallet
Buyer populates transfer function with required information
{ "p": "brc-20", "op": "transfer", "tick": "ordi", "amt": "250" }
Buyer inscribes the function to the imported ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Buyer sends the inscription from their wallet to the desired destinations taproot address.
Desired destination now has 250 "ordi"
User
Balance at start
Balance at end
Minter
0
1
User
Balance at start
Balance at end
Sender
500
0
Satoshi
0
500
User
Balance at start
Balance at end
Seller
250
0
Buyer
0
250
User
Balance at start
Balance at end
Seller
250
0
Buyer
0
250