BRC - The future development prospects of 20 tokens are both opportunities and risks. The upgrade to version 2.0 has opened up new spaces for it, but challenges in terms of technology, community, and regulation cannot be ignored, as detailed below:

1. Opportunities are prominent: Firstly, BRC - 20 2.0 introduces EVM-compatible smart contracts, allowing Bitcoin to realize complex DeFi functions such as automated market making and lending protocols, while also attracting Ethereum developers to migrate, enriching the Bitcoin financial ecosystem. Secondly, it upgrades Bitcoin from "electronic cash" to a platform capable of asset issuance, attracting a large number of developers and funds, and the inscription and token trading bring high fees to miners, indirectly enhancing the security of the Bitcoin network. Thirdly, currently over 70% of transactions on the Bitcoin chain are related to BRC - 20, with leading tokens like ORDI having stable market value and liquidity. With the optimization of the trading experience, there may be greater value in future scenarios such as compliant asset tokenization and cross-border payments.

2. Challenges are evident: Firstly, there are still technical shortcomings; most current indexers are centralized, posing risks of malfeasance or data inconsistency, and there is insufficient cross-chain compatibility. The Layer 2 solutions that complex applications depend on are still being improved. Secondly, the Bitcoin community adheres to "minimalism"; some developers believe that DeFi should be built on L2 rather than L1. The dependence of BRC - 20 2.0 on smart contracts and indexers makes it difficult to gain widespread recognition from the community. Thirdly, most tokens lack practical application scenarios, and their prices are greatly influenced by market sentiment, as seen with ORDI, which has experienced significant fluctuations; at the same time, global cryptocurrency regulations are tightening, and if it is deemed a security, non-compliant projects may face delisting risks. #BRC20😘 $DOGE @DK鼓山老鱼