ORC-20 Token

ORC-20 Token is a token standard on the Ordinals protocol, used on the Bitcoin blockchain. This standard enables the creation, issuance, and management of fungible tokens, similar to Ethereum's ERC-20 tokens. It aims to bring more utility and functionality to Bitcoin by allowing developers to build decentralized applications and services. ORC-20 facilitates token creation without altering Bitcoin's core infrastructure. This innovation enhances the Bitcoin ecosystem, encouraging wider adoption and integration. As a result, ORC-20 tokens can be used in various applications like decentralized finance (DeFi), gaming, and more, broadening Bitcoin's usability.