Bitcoin's BRC-20 Token Standard Sees Major Governance Update

The BRC-20 token standard, famous as an enabler of the trading of digital assets beyond BTC on the platform, is going through a governance transition. This development occurs as Domo, the pseudonymous creator of the BRC-20 standard, and his non-profit organization, the Layer 1 Foundation (L1F), partner with major Bitcoin infrastructure companies, UniSat, and Best in Slot, as the leading maintainers of the protocol.