Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: NFTs in the Bitcoin blockchain - Ordinal Theory
by
pooya87
on 22/04/2023, 05:24:36 UTC
⭐ Merited by JayJuanGee (1)
Came across an archive with all of Satoshi's posts here in the Forum and one is from Jan 2010 in response to a question asked. The thread deals with what has now become known as ordinals...
Replies 10-12 fit in quite well...
Apparently Satoshi had never read page 35 of the Standards for efficient cryptography, SEC 1: Elliptic Curve Cryptography published on 2009 on Symmetric Encryption Schemes before writing this wrong reply Tongue
Unfortunately, ECDSA can only sign signatures, it can't encrypt messages, and we need the small size of ECDSA.

Post #15 (slightly modified below)
It could use a separate infrastructure to pass messages, maybe just put a hash of the message in the transaction to prove that the transaction is for the order described in the message.
I.E. Side Chain.