What are SRC-20 tokens?
SRC-20 tokens are fungible tokens inspired by Ethereum’s ERC-20 standard. Built on the Bitcoin blockchain, these tokens facilitate data embedding within Bitcoin transactions, echoing the historical concepts of Counterparty and colored coins which allow for differentiation of specific cryptocurrency units. Based on the Bitcoin Stamps protocol created by Mike In Space, SRC-20 tokens are known for their enhanced security and immutability.
Unlike other Bitcoin-based tokens, SRC-20s are non-prunable, meaning the data embedded within them cannot be removed from the blockchain, making them more secure and permanent. Transactions involving SRC-20 tokens are integrated directly with Bitcoin’s native transactions and use Bitcoin for transaction fees, enhancing their functionality within the Bitcoin network.
What Can I Do with My SRC-20 tokens in Leather?
In addition to sending and receiving SRC-20 tokens, Leather wallet can connect users to:
NFT marketplaces: buy, sell, mint, and trade SRC-20 tokens on leading Bitcoin Stamps platforms.