# BRC-20

In the wake of the “[Non-fungible](https://en.wikipedia.org/wiki/Non-fungible_token)” Ordinals, a natural question arose: "What about [fungible](https://en.wikipedia.org/wiki/Fungibility) tokens on Bitcoin?" 

In March, a pseudonymous user named [Domo](https://twitter.com/domodata) from Crypto X proposed a theoretical method called BRC-20 that could create a fungible token standard on top of the Ordinals Protocol. 

The idea behind BRC-20 was to inscribe JSON data onto individual sats via Ordinals, allowing for the deployment, minting, and transfer of fungible tokens.

Since JSON is a text-based data format, the BRC-20 method essentially involved inscribing text onto sats to create fungible tokens. 

In the months following Domo’s proposal, BRC-20 tokens, or text-based Inscriptions, became the dominant type of Inscription and the default fungible token standard on Bitcoin.

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