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BRC20 brings native smart contracts and programmable assets to Bitcoin Layer 1, enabling BRC20 tokens to execute programmable logic without bridges or sidechains. It enables native Bitcoin DeFi, including AMMs, lending, staking, and real-world asset tokenization, with full EVM compatibility and Solidity development. Existing 4–5 byte BRC20 tokens remain backward-compatible with no migrations, and the system is open-source and permissionless, built on Bitcoin's security via an ordinals-aware indexer.
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