Quote from: cryptoaddictchie on May 08, 2023, 06:53:59 AM

Quote from: serveria.com on May 08, 2023, 05:44:12 AM

I wonder how much more should we wait to stop this attack? The fees are ridiculous, 100sat/vbyte is a reality already now (if you want reasonable transaction times). I'm waiting for the core devs to respond to this hostile action against Bitcoin. Taproot bug must be fixed.

I think we should only wait for the hype to die down. Degen peoples are increasing the trading of those so called ordinals. Its true this will affect regular business or merchants that use of bitcoin for transaction. But does this action by the creatoe who established this new tech of ordinals is illegal? I mean does core devs can somehow fix this? Since the creator choose to use a decentralized platform for this idea.

As far as I know there's nothing illegal here, the creator of BRC-20 token was able to find a loophole in Bitcoin’s 2021 Taproot upgrade and then that's it. It's the start of this 'inscription'.

But this is an attack to bitcoin's fungibility and I don't think that the community is divided, majority doesn't support BRC-20.

In any case, this is hype and we all know how fast this kind of fad is going to die down.