Thread by @OrdinalDaily

🟠 ORC-20, BRC-20, and DRC-20 are three popular token standards in the #Bitcoin space.

💫 Although they serve the same purpose of creation, they differ in various aspects.

Let's take a look 👇

#BRC20 #ORC20 #DRC20 #OrdinalDaily

1/ BRC-20 is one of the most promising token standards that garnered the love of developers due to its incredible features. 🧡

However, the current BRC-20 token standard has a bunch of inherent limitations, prompting the development of ORC-20. 👀

https://twitter.com/OrdinalDaily/status/1655961951326072833?s=20

2/ ORC-20 is created to address the drawbacks such as anti-double-spending methods, naming issues, security, scalability issues.✨

Unlike BRC-20, ORC-20 is experimental. Thus, while ORC-20 tokens hold promise, their value and utility remain uncertain.🙄

https://twitter.com/OrdinalDaily/status/1657975510784409601?s=20

3/ DRC-20 token is created with the aim to bridge the loophole left by BRC-20 in terms of transaction speeds and fees. ⚡️

It's becoming a leading token standard for Dogecoin, shaping the crypto landscape. 🔥

https://twitter.com/OrdinalDaily/status/1667246153925263363?s=20

4/ We also have LTC-20 token protocol based on Litecoin network which offers cheaper fees, faster transactions....🟣

https://twitter.com/ordinaldaily/status/1657000272634458114?s=46&t=sMlwxqeE7BFv6GHljyANIw

#LTC20 #Litecoin

5/ What are your thoughts? 👀

Which one is your favorite? 🧐

Like + RT + Follow @OrdinalDaily for more info and updates!!

#BRC20 #ORC20 #DRC20 #LTC20