Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: BRC-20 needs to be removed
by
lionheart78
on 12/05/2023, 06:47:58 UTC
⭐ Merited by pooya87 (2)
I find it great, that you have something like the BRC 20 standard,

that makes it possible to store & share inscriptions via the btc blockchain.

This is unique.

But destructive at the current level of Bitcoin development.  NFT and smart contracts need to have a proper blockchain application that can process its creation, transactions and transfers without affecting the entire blockchain network.  If it posses a problem to the network then obviously that said token isn't for that blockchain network.

Crypto is also about art, and not only about storing numeric value.

If we want to achieve a higher adoption, Art, NFTs etc. should also become possible on the btc network.

And not just left for the world of alt coins.

Regards

No, crypto itself is all about the implementation of security.  BTC does not need NFT for higher adoption, BTC adoption is doing fine without it.  I would not mind if the implementation of this NFT does not bring problems to the Bitcoin network but in the current state of Bitcoin technology, it does, which simply means, the Bitcoin network isn't ready to be spammed by NFTs.