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Yes, it’s true! Bitcoin has observed the enormous benefit of standardized smart contracts and tokenization on Ethereum, leading developers to engage in a partnership aimed at implementing similar standards on the Bitcoin (BTC) network.
The BRC-20 token standard is modeled after Ethereum’s popular ERC-20 standard and is a part of an endeavor to innovate and enhance Bitcoin’s capabilities beyond just a digital currency.
This step is significant because BTC aims to follow in the footsteps of Ethereum by establishing an ecosystem of decentralized