Overview
- The upgrade, developed by Best in Slot with BRC20 creator Domo, activated at Bitcoin block 912,690 under the name BRC2.0.
- EVM functionality is embedded in the Ordinals/BRC20 indexer, which developers say makes the standard Turing complete.
- The change enables Ethereum-style smart contracts for Bitcoin-native BRC20 tokens via the indexer rather than a consensus-layer modification.
- Backers say the approach aims to deliver EVM composability for decentralized applications secured by Bitcoin.
- Decrypt reports the Layer 1 Foundation took part in the effort and supporters frame BRC2.0 as more programmable than Runes.