Best in Slot has announced that BRC-20 tokens will receive a significant upgrade titled BRC2.0, designed to enable smart contracts and expand Bitcoin's functionality. Launching on the Bitcoin Testnet in Q1 2025, the BRC20 Programmable Module aims to enhance the usability of native assets, including decentralized finance (DeFi), real-world assets (RWAs), decentralized autonomous organizations (DAOs), and stablecoins. This development is seen as an opportunity to reduce on-chain congestion and improve market efficiency, particularly as Bitcoin faces pressures from transaction fees and community skepticism.
In short, the "BRC20 Programmable Module" is designed to "unlock infinite new use cases for native assets on Bitcoin-including seamless DeFi, RWAs, DAOs, stablecoins, and more-without relying on multisig bridges or L2s."
Collection
[
|
...
]