OKX will rename the proposed Bitcoin ecological standard BRC-30 to BRC20-S

2023-06-14 21:41:51

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According to ChainCatcher news, in an official announcement, OKX has officially renamed the proposed BRC-30 standard to BRC20-S standard, which stands for BRC20-Staking. This renaming aims to help users better understand the essential meaning of the protocol, introducing a staking mechanism to the Bitcoin ecosystem, allowing users to earn returns through staking without selling BRC-20 assets. It also enables project parties to distribute BRC20-S assets to Bitcoin or BRC-20 asset holders, thereby supporting the development of the Bitcoin ecosystem.

It is reported that the OKX Web3 wallet also plans to introduce a trading market for BRC20-S assets. The OKX Web3 wallet has supported users in conducting zero-fee transactions for BRC20 and BTC NFT assets. (Source link)

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OKX OKX OKX Web3 Wallet BRC-30 BRC20-S

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