Dogecoin (DOGE) surpassed Bitcoin (BTC) on Wednesday in daily transactions after the new DRC-20 standard was introduced.
According to new data from blockchain tracker BitInfoCharts, the number of daily transactions on the DOGE blockchain has hit a new all-time high, surpassing even that of the top crypto asset by market cap.
The DRC-20 standard is a set of rules that developers can follow to create tokens on the Dogecoin network. They are created using the same technology as cryptocurrencies, but they are typically not used as a currency. Instead, they are used to represent ownership. The DRC-20 standard is similar to Bitcoin’s BRC-20 standard.
The data reveals that from May 10th to May 11th, a day after DRC-20 tokens were introduced, transactions over Dogecoin’s blockchain
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