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    What Is the BRC-69 Standard & How Does It Differ From BRC-20?

    Intermediate
    Bitcoin
    Jul 26, 2023
    7 min read
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    Detailed Summary

    Since BRC-20 was launched in March 2023, Bitcoin Ordinals have been one of the hottest topics in the cryptocurrency world. The Ordinals protocol allows people to create Bitcoin NFTs with ease. However, it's also led to sky-high network fees and other issues with excessive network traffic. 

    The BRC-69 token standard claims to solve the problem. This new Bitcoin Ordinals protocol could potentially revolutionize Bitcoin NFTs. Interested in seeing how BRC-69 works and whether it lives up to the hype? Keep reading to learn all about this new protocol.

    Key Takeaways:

    • The BRC-69 standard is a method for inscribing information onto small pieces of Bitcoin called satoshis. 
    • This standard uses a technique called recursive inscriptions to optimize block space usage by up to 90%.
    • It follows an efficient four-step process to generate the entire ordinal.

    What Is the BRC-69 Standard?

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