BRC-20, the experimental token standard designed for the Bitcoin blockchain is on track to get a much-needed overhaul if a new proposal dubbed “Fraction” from its founder, Domo scales through.
The New BRC-20 Proposal: The Catch
Revolutionary as the proposal is, it still has its limitations as outlined in the BRC-20 Fraction proposal published by Domo. Based on the current design of BRC-20, anyone can create transfer inscriptions to any address.
While this model boosts accessibility to inscription tools for anyone interested, it also predisposes the users to bad actors who can fragment their balances and generally disrupt their activities. While the occurrence of these attacks is somewhat non-existent, the proposal is deemed a proactive step to protect users and close up such attack channels.
Should the Fraction function be integrated into the BRC-20 code, it will enforce some validity conditions on transfers. The idea is simple, the conditions enforced will generally make it more
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