BRC20 IP1: Issuance and Burn Enhancements
The first proposal of the maintainership era.
Last updated
The first proposal of the maintainership era.
Last updated
837090
Introduction of Self-Issuance Mechanism
Incorporation of a self_mint option empowers asset deployers with exclusive rights to mint, enhancing control over asset issuance.
Adoption of 5-byte Tickers
Facilitates a clearer distinction between self-issued and publicly issued assets, improving asset management and identification.
Increases constrained namespace
Consensus on the Burn Method
Standardizes the asset destruction process, providing clarity and uniformity across the BRC-20 ecosystem.
General Benefits
Enhances the protocol's flexibility and functionality, allowing for more innovative asset issuance and management methodologies.
General Considerations
Requires additional development effort and adaptation from the community, which could temporarily affect compatibility and integration with existing systems.
