Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: NFTs in the Bitcoin blockchain - Ordinal Theory
by
ETFbitcoin
on 06/02/2023, 12:18:35 UTC
⭐ Merited by JayJuanGee (1)
Since Luxor mint NFT with 3.94 MB on their block which has Ordinal ID/number 652[1], now current highest Ordinal ID/number is 6681[2]. While not all of them have transaction size >300KB or ~3.9MB, it's clear 1 sat/vB isn't enough to discourage people to mint BTC on main layer.

actually having hard consensus rules again that are set to, for instance: limit witness to 80 bytes is a solution

Why 80 bytes? I expect some multi-signature address which use P2SH or P2WSH would unable to spend their Bitcoin if this limit is enforced on protocol level.



[1] https://ordinals.com/inscription/0301e0480b374b32851a9462db29dc19fe830a7f7d7a88b81612b9d42099c0aei0
[2] https://ordinals.com/inscription/d5c8c24efbbea3239acb93dfe1b0cc45dc419b76cd22690bfb5aff43abec34cci0