Universal BRC-20 Extension on Bitcoin
This document describes the Universal BRC-20 Extension on Bitcoin, based on an optimized UTXO + OP_RETURN approach, and revisits/improves the existing comprehensive guide.
Specification Details
- Version: 1.1 (Allows extended ticker length)
Key Features
This Universal Extension preserves the original Ordinals shared-namespace principle while migrating all token metadata into compact OP_RETURN outputs. This approach:
- Makes transactions significantly smaller and faster to propagate
- Enhances censorship-resistance
- Reduces on-chain footprint and fee costs
- Enables native multi-recipient allocations
- Prepares for the imminent lifting of OP_RETURN size limits