# Litecoin Protocol & Token Standard Forum

The Litecoin Protocol & Token Standard Forum is a dedicated platform for the litecoin meta-protocol community, where enthusiasts, developers, and contributors come together to discuss and collaborate on the evolution of Litecoin protocols.

We look forward to collaborating with you!

**Did you know?**

   LRC-20 / $ORDI are the **first fungible digital assets** created on the Litecoin blockchain

Similar to:

    BRC-20 / $ORDI the **first fungible digital assets** created on the Bitcoin blockchain

* **What Are Token Standards?** Token standards are the set of rules, conditions, and functions that dictate how a crypto token works.
* One of the most popular token standards on Bitcoin is BRC-20. Similarly, one of the most popular token standards on Litecoin is LRC-20.
* **What is Bitcoin Request for Comment (BRC)?** BRC is essentially a set of technical documents containing guidelines on developing bitcoin smart contracts.
* **What is Litecoin Request for Comment (LRC)?** LRC is essentially a set of technical documents containing guidelines on developing litecoin smart contracts.
* Bitcoin Ordinals has numerous meta-protocols and if Litecoin Ordinals is to grow it should also have numerous meta-protocols. 

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**LRC-20 and $Ordi deployment contract (Inscription 212539):**

[**https://ordinalslite.com/inscription/76fc2a9a1ddb325e7da0a9ebb58198eec7b4c260ec60663dc0341d1d2ec5941fi0** ](https://ordinalslite.com/inscription/76fc2a9a1ddb325e7da0a9ebb58198eec7b4c260ec60663dc0341d1d2ec5941fi0)

**Timestamp:** 2023-03-12 14:25:02 UTC