The upgrade was activated at Bitcoin block 912,690, combining Bitcoin’s security with Ethereum’s composability.
The Bitcoin token protocol BRC20 integrated the Ethereum Virtual Machine (EVM) into its core, allowing Ethereum-style smart contracts to run on the BTC network.
BRC20 is a standard that allows the issuance of fungible tokens on Bitcoin through the Ordinals protocol. This protocol enables information to be inscribed directly on satoshis, the smallest unit of the cryptocurrency, opening the door to advanced functionalities without relying on external layers.
With BRC2.0, Bitcoin tokens can behave programmatically, similar to Ethereum tokens, enabling the creation of decentralized applications, automated contracts, and more complex financial structures within the most secure and decentralized network in the crypto ecosystem.
The upgrade was implemented starting at Bitcoin block 912,690 and aims to combine two key elements: Bitcoin’s security and decentralization with the smart contract execution capabilities provided by the EVM. For developers, this means replicating Ethereum experiences, such as composability between tokens and contracts, without sacrificing the protection Bitcoin provides against attacks and manipulation attempts.
The launch of the Ordinals protocol in 2023 marked the beginning of developments that expand Bitcoin’s utility beyond value transfer. With BRC2.0 integration, projects can create tokens with advanced, programmable functionalities directly on the main blockchain.
Domo stated that the goal is to offer users the Ethereum experience on Bitcoin’s infrastructure, combining programmability, composability, and security. Eril Binari Ezerel highlighted that indexers can now execute complex operations, giving BRC20 computing power equivalent to a full computer
