Post
Topic
Board Development & Technical Discussion
Re: Solidity scripts in Bitcoin transactions using Inscriptions
by
ETFbitcoin
on 16/05/2023, 09:51:10 UTC
Here's a crazy idea. Rather than embedding stupid jpegs in the witness data, what about embedding solidity scripts? The capabilities of Bitcoin could potentially be expanded tremendously. Opinions?
Unless Bitcoin node actually execute and verify those solidity scripts, anyone can embed invalid solidity script or perform illegal operation (e.g. mint near unlimited amount of token). If Bitcoiner want turing complete script, they should consider using Bitcoin side-chain instead.
Well the Bitcoin node doesn't have to execute the scripts. The people that care about the scripts would do that and they could easily verify the validity of the scripts. The effect would be something like a side chain, but embedded in the chain itself.

That makes sense, it would be similar with Omni layer based and Ordinal based token where Bitcoin node treat it as arbitrary data.

I don't know if it, or something similar, is a good idea or not, but if it valuable and economically viable, it will happen.

I would say it's not good idea, especially with existence of Bitcoin sidechain which have smart contract capability. But i expect it's just matter of time before someone attempt to achieve your idea.