The Bitcoin token protocol BRC20 has made strides towards replicating Ethereum-style smart contracts after integrating the Ethereum Virtual Machine (EVM) into its core functionality. This upgrade, referred to as BRC2.0, was developed by Best in Slot in collaboration with BRC20's pseudonymous creator Domo. The modification allows Bitcoin smart contracts to become Turing complete by enhancing its indexers, historically akin to calculators, with EVM technology. BRC20 is a standard for creating fungible tokens on the Bitcoin blockchain, utilizing the Ordinals protocol to inscribe data on satoshis. This development promises to enhance the programmability and governance of tokens on the Bitcoin network. Domo highlighted the goal of merging Bitcoin's secure and decentralized architecture with EVM's proven capabilities to offer users an Ethereum-like experience on Bitcoin, thereby enhancing composability and programmability.

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