Covenant Attested Token

CAT-20 is a new token standard created on the Bitcoin protocol, known for offering enhanced features related to the issuance and management of digital tokens. This standard relies heavily on "OP_CAT," a computation process used in smart contract programming on the Bitcoin network.

One of the main objectives of CAT-20 is to provide a more efficient token structure compared to traditional tokens like BRC-20. The standard allows for the deployment, minting, and transferring of tokens using custom scripts written in Bitcoin's programming language. These scripts enable users to customize token details such as maximum supply and decimal places.

Another feature of CAT-20 tokens is their automatic regulatory compliance, making them ideal for use in regulated sectors such as finance and healthcare. Additionally, they are designed to be interoperable with other blockchain networks, facilitating transactions across multiple platforms.

These tokens are also more secure and scalable due to the advanced cryptographic techniques used in their design, making them suitable for large-scale, high-demand applications